Research and Markets: Global GIS Engineering Applications Market 2012-2016: Market Size and Forecast, CAGR
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/q5f7wc/global_gis) has announced the addition of the "Global GIS Engineering Applications Market 2012-2016" report to their offering.
The Global GIS Engineering Applications market is driven by traditional GIS, one of the largest segments in this market. It also generates a large portion of its revenue from software products and data. The Global GIS Engineering Applications market is expected to post a CAGR of 9.26 percent during 2012-2016. The Global GIS Engineering Applications market is driven by many growth factors; one is the increasing demand of GIS from process industries. However, the lack of awareness about GIS technology in developing countries could affect the growth of the market during the forecast period.
In terms of revenue, the Americas accounts for a large share in the Global GIS Engineering Applications market, and is followed by the EMEA region. The market generated more revenue from developed countries as compared to developing countries in the year 2012. The APAC region is one of the fastest growing geographies in the global market due to the emergence of several manufacturing industries in this region.
Some of the key vendors mentioned in the Global GIS Engineering Applications Market 2012-2016 report include Dettwiler and Associates Ltd., Esri Inc., Hexagon AB, MacDonald, and Pitney Bowes Inc. Other prominent vendors in the Global GIS Engineering Applications market include Astrium (EADS Co.), Autodesk Inc., AvisMap GIS Technologies, Beijing SuperMap Software Co. Ltd., Bentley Systems Inc., China Information Technology, Digital Globe Inc., GE Energy, Geo Eye Inc., Hitachi Zosen Corp., PASCO Corp., The US Geological Survey, Ubisense Group plc, and UK Ordnance Survey.
Commenting on the report, an analyst from the Engineering team said: 'The vendors in the Global GIS market are providing GIS applications specific to the requirements of various industries such as Natural Resource, Utility, Manufacturing, and Construction. The Natural Resource industry prefers application-specific GIS solutions to obtain precise results. Environmental science researchers prefer GIS solutions that are specific to ecology and biology applications, which will help them manage and monitor animals and birds. In addition, many end-users in the Natural Resource industry prefer application-specific GIS solutions as they are cost-effective compared to general purpose GIS solutions.'
For more information visit http://www.researchandmarkets.com/research/q5f7wc/global_gis
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