GIS Market in Asia Pacific to Increase

According to a report posted by Research and Markets, the Geographic Information System (GIS market in the Asia Pacific (APAC) region is expected to grow at a CAGR of 14 percent.

TechNavio’s analysts forecast the Geographic Information System (GIS) market in the APAC region to grow at a CAGR of 14 percent over the period of 2010–2014. One of the key factors contributing to this market growth is the increasing adoption of GIS by the Government and Public sectors in developing countries. The GIS market in the APAC region has also been witnessing increased utilization of GIS for transportation management. However, barriers faced by vendors in the integration of GIS and cloud technologies could pose a challenge to the growth of this market.

Key vendors dominating this market space include ESRI, GE Energy, Autodesk, Cadcorp, and IBM.

TechNavio’s Geographic Information System in APAC 2010–2014 report has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the APAC region and covers the scope and growth of the GIS market, including the Software and Services segment of the GIS market in the APAC region.