Increased Availability of Geospatial Data is Driving Growth of GIS Engineering Applications

Increased Availability of Geospatial Data is Driving Growth of GIS EngineeringApplicationsLondon, UK - March 16, 2011 -- Research conducted by Technavio reveals, that the globalGeographic Information System (GIS) engineering application market is expected to grow at aCAGR of 13.7 percent. The report, which focuses on the Americas, EMEA and APACindicates, that the market is currently driven by the surge in the availability of geospatialinformation among other factors.“As a result of developments in satellite based mapping, there has been an exponentialincrease in the amount of geospatial information available. This is leading to the increasedadoption of GIS technologies across multiple industries. GIS Engineering Applications hasbeen effectively helping various industries in leveraging this data in the functioning of theirbusiness,” reports Technavio analyst.In spite of the need, the expensive nature of this technology hinders the growth of this market.However, with several developing nations using GIS engineering applications extensively, themarket is expected to see a healthy growth.The global GIS engineering applications market is characterized by the emergence ofcustomized domain specific solutions. This makes the study an important one for companiesto fully understand the potential in the market and formulate their own strategy.The report, Global GIS Engineering Applications Market 2010-2014, is based on an extensiveresearch from inputs by industry experts, vendors and end-users. It examines the factors-including the key trends, drivers and challenges, impacting the evolution of this market.Further, it contains an in-depth understanding of the key vendors including their SWOTAnalysis.Companies mentioned in this report include: ESRI, Intergraph (Hexagon AB) and BentleySystemsFor further information, please visit http://www.technavio.com/content/global-gis-engineering-applications-market-2010-2014Contact:Ludmila BerkesovaInfiniti Research LimitedThird Floor33 Cavendish SquareLondon W1G 0PWUnited Kingdom

Tel: 0044 (0)207 031 0969E-Mail: ludmila@technavio.comWeb: http://www.technavio.com

Increased Availability of Geospatial Data is Driving Growth of GIS Engineering Applications

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