DUBLIN — (BUSINESS WIRE) — July 25, 2011 — Research and Markets ( http://www.researchandmarkets.com/research/11d9e9/geographic_informa) has announced the addition of the " Geographic Information System (GIS) in APAC 2010-2014" report to their offering.
Research conducted by TechNavio reveals that the Geographic Information System (GIS) market in the Asia Pacific (APAC) region is expected to grow at a CAGR of 14 percent. Technavio's report, which focuses exclusively on the APAC region, indicates that the market is currently being driven by government and public sector adoption of this technology.
Governments of developing countries require GIS solutions for infrastructure improvement and disaster prevention management. In addition, the public sector and government also use this technology to monitor deforestation, water bodies, and river beds. As a result the public sector and government have become key end-users driving the adoption of GIS solutions in the APAC region, reports a TechNavio analyst.
In spite of the demand for GIS solutions in the APAC region, integration issues with cloud technologies are hindering the growth of this market. However, with this technology being used effectively for key issues such as population density control, the market is expected to grow. Moreover, the GIS market is witnessing an increase in the use of this technology in agricultural and urban development.
These are just some of the important findings presented in the report that will enable companies to fully understand the potential in this market and formulate their own strategies.
The report, Geographic Information System Market in the Asia Pacific 2010-2014, is based on extensive research conducted with industry experts, vendors, and end-users. It examines the key trends, drivers, and challenges impacting the evolution of this market. The report also contains an in-depth discussion and SWOT analysis of each of the key vendors in this market.
TechNavio's analysts forecast the Geographic Information System (GIS) market in the APAC region to grow at a CAGR of 14 percent over the period of 2010-2014. One of the key factors contributing to this market growth is the increasing adoption of GIS by the Government and Public sectors in developing countries. The GIS market in the APAC region has also been witnessing increased utilization of GIS for transportation management. However, barriers faced by vendors in the integration of GIS and cloud technologies could pose a challenge to the growth of this market.
Key vendors dominating this market space include ESRI, GE Energy, Autodesk, Cadcorp, and IBM.
For more information visit http://www.researchandmarkets.com/research/11d9e9/geographic_informa
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