Thursday, May 17, 2012
   
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News on GIS, GNSS, spatial information, remote sensing,
mapping and surveying technologies for Asia – ASM

Geospatial Information Systems Market to Experience Vibrant Growth

The worldwide market for Geospatial Information Systems (GIS) is forecast to grow 65 percent over the next five years, representing a compound annual growth rate of 10.5 percent, according to a new ARC Advisory Group study. Emerging markets such as China, India, and Brazil continue to invest in infrastructure for electric power distribution, water & wastewater, and telecommunications. GIS sales to these regions will increase as the local utilities adopt GIS to improve their infrastructure management processes. Read More

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