GIS Market in China 2015-2019
A GIS is a system or a set of tools used to interpret business and geospatial data. It integrates hardware, software, data, and services for processing business and geographically referenced data. This system digitizes the received geospatial data and processes them to provide the desired output. GIS is used for various purposes such as disaster management, finding location details, viewing digital maps, marketing, designing facilities, and others. Sectors such as Government, Transportation, Natural Resources, Military/Law Enforcement, Utilities, and Communication and Telecom are the major end-users of GIS.
TechNavio's analysts forecast the GIS market in China to grow at a CAGR of 10.76 percent over the period 2014-2019.
Covered in this Report
The GIS market in China can be segmented into three major product segments: Software, Services, and Data.
TechNavio's report, GIS Market in China 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers China; it also covers the GIS market landscape in China and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – GIS Market in China 2015-2019
TechNavio recognizes the following companies as the key players in the GIS Market in China: Autonavi Holdings Ltd., HERE, Hexagon AB and NavInfo Co. Ltd.
Other Prominent Vendors in the market are: Autodesk, Beijing Supermap, Bentley System, Bing Maps, China Information Technology, DigitalGlobe, ESRI, Trimble and Zondy Cyber.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends in the market is increased investment in GIS software in China. Vendors are investing huge amounts in the market leading to high economic growth in China. Vendors such as Paragon Software Systems, a leading routing, scheduling, and transport management software company in the UK, has launched a national street-level mapping project for routing vehicles in mainland China.”
According to the report, increased use of GIS in disaster management is one of the major factors driving the market. For instance, GIS applications for forest fire management such as fire-risk assessment, prescribed burn planning, forest fire simulation, post-fire assessment, and monitoring help in containing a forest fire by taking into consideration the fire starting point, topography, and vegetation coverage using remote sensing and wind-flow velocity and direction.
Further, the report states that one of the major challenges in the market is increased demand for open-source GIS software. High cost of GIS software has led to a wide adoption of open-source software across several sectors in China. China has the presence of a large number of SMEs, however it does not have sufficient capital to invest in GIS software. This has a negative impact on the growth of the GIS Software market in China.
Autonavi Holdings, HERE, Hexagon, Navinfo , Autodesk, Beijing Supermap, Bentley System, Bing Maps, China Information Technology, DigitalGlobe, ESRI, Trimble, Zondy Cyber
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