DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/zrqf7s/gis_market_in) has announced the addition of the "GIS Market in China 2015-2019" report to their offering.
The analysts forecast the GIS market in China to grow at a CAGR of 10.76% over the period 2014-2019.
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.
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
Other Prominent Vendors
- Beijing Supermap
- Bentley System
- Bing Maps
- China Information Technology
- Zondy Cyber
For more information visit http://www.researchandmarkets.com/research/zrqf7s/gis_market_in