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TechNavio's analysts forecast the Global GIS market in the Utility industry to grow at a CAGR of 10.37 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing need for knowledge infrastructure. The Global GIS market in the Utility industry has also been witnessing increasing focus on application-specific GIS solutions. However, the lack of awareness in developing countries could pose a challenge to the growth of this market.