Global Geographic Information Systems Market 2010-2014

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Press Release

APAC and Africa Emerging Markets for Geographic Information Systems

Established geographical information systems (GIS) players have been showing keen interest in the APAC and African markets. With the US markets slowing down, vendors are looking at alternate regions especially countries such as China, India and Kenya. Vendors hope to capitalize on the fact that these countries will require extensive GIS solutions for developmental planning. Several global players have begun increasing their workforce in these regions.

One of the most critical areas to be served by GIS is the oil and gas sector. This technology has been successfully aiding in the location of new mines overcoming geographic limitations. GIS has also been extensively used through satellites to detect the presence of oil wells and mines in places that are not easily accessible.

TechNavio’s analyst says, “With GIS systems being embedded in low cost mobile phones, the market share of portable navigation devices will be hit. Previously portable navigation devices were the largest users of GIS. This scenario is about to change. “

According to TechNavio, the geographic information systems market is expected to grow at a CAGR of 9.9 percent.

TechNavio has published a report on this subject titled “Global Geographic Information Systems Market 2010-2014”. This report has been prepared based on a study of the geographic information systems market across regions. Inputs from industry experts, vendors and end-users were used in the analysis. The report includes a market size estimate and forecast, market landscape based on segments along with trends, challenges and drivers."