The Global GIS Engineering Applications market is driven by many growth factors; one is the increasing demand of GIS from process industries.
Rockville, MD (PRWEB) May 09, 2013
A geospatial information system or geographical information system (GIS) is a set of tools that interprets geographical or geospatial data or information. These systems digitize the received geospatial data, process (store, interpret, analyze, and manipulate) the data, and provide the required output.
The Global GIS Engineering Applications market is driven by traditional GIS, one of the largest segments in this market. It also generates a large portion of its revenue from software products and data. The Global GIS Engineering Applications market is expected to post a CAGR of 9.26 percent during 2012-2016. The Global GIS Engineering Applications market is driven by many growth factors; one is the increasing demand of GIS from process industries. However, the lack of awareness about GIS technology in developing countries could affect the growth of the market during the forecast period.
In terms of revenue, the Americas accounts for a large share in the Global GIS Engineering Applications market, and is followed by the EMEA region. The market generated more revenue from developed countries as compared to developing countries in the year 2012. The APAC region is one of the fastest growing geographies in the global market due to the emergence of several manufacturing industries in this region.
The Global GIS Engineering Applications market is driven by several government agencies and public sectors such as Utility, Natural Resource, and Telecom. It is also witnessing a huge demand from several non-conventional manufacturing industries such as Retail, Financial Services, and Transpiration.
The Global GIS Engineering Applications market is fragmented with the presence of several large and core GIS vendors; some vendors are trying to specialize in any one segment of GIS. There is also a huge potential for GIS software vendors in the market as the Software product segment of the GIS market is growing at a rapid rate. Some large vendors offer services such as consulting, implementation, and end-to-end to create a competitive edge in the market.
For more information, visit:
About Infinity Research Limited
TechNavio™ Insights – a series of short insightful reports covering rapidly changing technologies and their key market & user segments. Our current portfolio of 400+ reports covers key and emerging technologies in the areas of IT, Telecom, Healthcare, Retail, Manufacturing and Cleantech.
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world’s most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com’s Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance. For more information, call Cindy Frei at 240.747.3014 or visit http://www.marketresearch.com.