Research conducted by Technavio reveals, that the global
Geographic Information System (GIS) engineering application market is expected
to grow at a CAGR of 13.7 percent. The report, which focuses on the Americas,
EMEA and APAC indicates, that the market is currently driven by the surge in
the availability of geospatial information among other factors.
“As a result of developments in satellite based mapping, there has been an
exponential increase in the amount of geospatial information available. This is
leading to the increased adoption of GIS technologies across multiple
industries. GIS Engineering Applications has been effectively helping various
industries in leveraging this data in the functioning of their business,”
reports Technavio analyst.
In spite of the need, the expensive nature of this technology hinders the
growth of this market. However, with several developing nations using GIS
engineering applications extensively, the market is expected to see a healthy
growth.
The global GIS engineering applications market is characterized by the
emergence of customized domain specific solutions. This makes the study an
important one for companies to fully understand the potential in the market and
formulate their own strategy.
The report, Global GIS Engineering Applications Market 2010-2014, is based on
an extensive research from inputs by industry experts, vendors and end-users.
It examines the factors- including the key trends, drivers and challenges,
impacting the evolution of this market. Further, it contains an in-depth
understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: ESRI, Intergraph (Hexagon AB) and
Bentley Systems
Contact:
Ludmila Berkesova
Infiniti Research Limited
Third Floor
33 Cavendish Square
London W1G 0PW
United Kingdom
Tel: 0044 (0)207 031 0969
