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Geospatial Today, a geospatial technology magazine based at Hyderabad, has released the results of its Indian Geospatial Industry Survey 2008.

The Survey is an attempt to gauge the health of the geospatial industry in India. It identifies the basic components of the geospatial industry – data, software, hardware and services - and analyses the worth of each segment and projects the growth in each. The survey pegs the worth of the overall geospatial market in India at Rs 6830 million in 2006-07. The services segment alone contributed 51%, followed by hardware at 27%, software at 14% and data sales at 7.5%. While the services sector is projected to grow at a CAGR of 20% up to 2011-12, data is anticipated to grow at a CAGR of 30%, software at 20% and hardware at 19%, for the same period.

Geospatial technology is used in every aspect of life – be it urban planning, defence, natural resources, utilities (gas, power and telecom), transportation and logistics, infrastructure (railways, roads and buildings, civil aviation etc). The 2008 survey analyses the growth aspects of each of these verticals and makes projections. The report also incorporates the suggestions by various respondents that include reforms in the existing government policies, removal of restrictions on conduct of aerial surveys and accessibility to high resolution satellite imageries.

To assist with the survey Geospatial Today worked with IMRB, a market research company.

ASM Newsletter is distributed by e-mail every two weeks. It reports on events in the spatial industry in Asia and events outside the region which will impact on Asia.