While North America dominates the GIS market, the future sees the markets
in the other regions, especially Asia led by China and India.
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here.
The volume of geospatial data is growing exponentially. Geographic
measurement is being driven by both new technologies — more satellite and
airborne digital cameras, more Light Detection and Ranging (LIDAR), GPS , and...
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here.
The global geographic information system (GIS) market is expected to
increase from $7,612.9 million in 2014 to reach $14,623.8 million by 2020,
growing at a CAGR of 11.4%.
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here.
Trends contributing to the GIS market growth include the integration of
GIS and building information management (BIM), the need for more
visualization for analytics, and integration with sensor networks.
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here.
Asia-Pacific is expected to be the fastest growing GIS market during the
forecast period, owing to the increasing penetration of GIS solution in
utility sector, government sector, and water and waste water sector in
developing countries...
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here.
The increasing investment in GIS based infrastructure by government sector
is among prime growth factors for the global GIS market.
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here.
Increased investment in home land security, along with large capital
funding for urban development in developing countries is driving the
growth of global GIS market.
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here.
Many factors are contributing to the growth of the global GIS market, and
these are coming from all industry and application sectors.
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here.
Many local, state, and national government and military organizations are
increasing their investment in GIS technology for the effective
enhancement of their infrastructure and security.
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here.
While North America dominates the GIS market, the future sees the markets
in the other regions, especially Asia led by China and India.
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here.
Over the past few years, GIS technology has witnessed significant growth
in disaster management, including flood management, forest fire
management, carbon management and climate change.
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here.
Over the past few years, the geographic information system market has
witnessed high growth in the engineering and business service sector.
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here.
Analysts forecast the geographic information system (GIS) market in BRIC
countries to grow at a CAGR of 11.13% during the period 2016-2020.
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here.
