A report published by Technavio, and focussing on APAC, EMEA, and the Americas, shows that that the global GIS engineering application market is expected to grow at a compound annual growth rate of 13.7 per cent.
“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 have been effectively helping various industries in leveraging this data in the functioning of their business,” reports a Technavio analyst.
While the expense of the technology does hinder the market, developing nations such as India and China are using GIS engineering applications, and, as such, the market is expected to see healthy growth.
The report is available at http://www.technavio.com/content/global-gis-engineering-applications-market-2010-2014
