GEOGRAPHIC INFORMATION SYSTEM MARKET LEADERSHIP

1. GEOGRAPHIC INFORMATION SYSTEMMARKETLEADERSHIP The global Geographic Information Systemmarket size is projected to grow from USD 8.1 billion in 2020 to USD 14.5 billion by 2025 at a CAGR of 12.4% from 2020 to 2025. The growth of the geographic information system market is driven by the development of smart cities and urbanization, integration of geospatial technology with mainstream technologies for business intelligence, and increasingadoption of GIS softwarein the transportation sector. This market offers severalopportunities for existing and entry-level companies to enable them to expand theirbusinesses. In 2019, the geographic information system market was dominated by Hexagon AB, Pitney Bowes Inc., Bentley System Incorporated, Environmental Systems Research Institute, Inc. (Esri), and General Electric Co. A few of the key strategies executed by these players to compete in the geographic information system market include product launches, partnerships, collaborations, and agreements. A significant number of acquisitions & mergers were also undertaken during thisperiod. Hexagon ABis a leading global provider of geospatial technologies for industrial and enterprise applications. The company focuses on delivering precision measuring technologies. It operates through two segments, namely, Geospatial Enterprise Solutions (GES) and Industrial Enterprise Solutions (IES). The Geospatial Enterprise Solutions segment is further divided into geosystems, safety and infrastructure, and positioning intelligence. The company, through its Geospatial Enterprise Solutions segment, offers various software and hardware solutions related to GIS. The GES segment offers sensors for capturing data from land and air as well as sensors for positioning via satellites. It also provides GIS software for the creation of 3D maps and models for applications such as surveying, construction, public safety, and agriculture. August 2019 – Hexagon transformed and positioned itself as an information technologycompany. October 2021- Hexagon’s Geospatial division, a world leader in location intelligence solutions, launched Power Portfolio 2020, the latest version of its leading photogrammetry, remote sensing, GIS and cartography products. Pitney Bowes Inc.is a leading provider of customer information management, location intelligence, shipping and mailing, and e-commerce solutions. It operates through three segments, namely, Small and Medium Business Solutions, Enterprise Business Solutions, and Digital Commerce Solutions. The company, through its Small and Medium Business Solutions segment, offers equipment, software, and services for digital mailing. The company’s Enterprise Business Solutions segment includes equipment and services that enable large enterprises to process inbound and outbounde-mails. May 2018- Pitney Bowes Re-engineered Desktop Mapping and Location Intelligence to PowerInnovation. Bentley Systems, Incorporated is a leading provider of software solutions for infrastructure design, construction, and operations. The company offerssoftware

2. solutions for structural, architectural, electrical, and mechanical engineering applications. The company’s Asset Performance software solutions include Bentley Map, Bentley Map PowerView, Bentley Map Enterprise, and Bentley MapMobile. • Additionally, it offers solution implementation, on-boarding, change management, consulting, and on-premise managedservices. • January 2020 –Bentley Systems, Geopath, and HERE Technologies, a global leader in mapping and location platform services, announced a partnership that is expected tocreate deeper market insights for out-of-home (OOH) and digital out-of- home(DOOH). • May 2019- Bentley Systems announced the acquisition of Keynetix, a provider of Geotechnical Data Management CloudServices. • 360QUADRANTS SCORINGMETHODOLOGY • Top companies in the Geographic Information Systemmarket will be rated using the following methodology - • A highly experienced team of researchers and senior analysts conduct extensive research to generate a list of vendors(competitors). • A patent-pending algorithm is used to collect inputs from key stakeholders—industryexperts, • buyers, vendors, and 360Quadrants analysts—based on criteria for Product Maturity and CompanyMaturity. • Criteria under Product Maturity include breadth and depth of product/serviceoffering, • product features and functionalities, product differentiation, and their impact on customer value. • Criteria under Company Maturity include geographical footprint, partner ecosystem, financial stability, and client coverage or sectorfootprint. • Approximately 20+ in-depth parameters will be considered for research for theGeographic • Information Systemmarket. These parameters will be updated every sixmonths to ensure latest developments are taken intoconsideration. • A weight is assigned to each stakeholder based on information gathered pertaining tothe • above criteria as well as inputs from stakeholders. These inputs follow the order of priority givenbelow: • Buyers • Industry Experts • 360QuadrantsAnalysts • Vendors(Competitors) • The inputs are analyzed, and a final rating is assigned to each vendor(competitor). • After the finalization of ratings, each vendor is placed in the most relevant quadrant based on theirscore. • ABOUT 360QUADRANTS • 360Quadrants is the largest marketplace looking to disrupt USD 6.3 trillion of technology spend and istheonlyratingplatformforvendorsinthetechnologyspace.Theplatformprovidesusersaccess

3. to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insights using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7,500 vendors. Companies are ableto win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. Experts are ableto grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 buyers across various markets. 360Quadrants will also be launching quadrants in fields such asDigital Transformation Software, Cloud Computing Software, and Access ControlSoftware.