GIS Market in India to Grow 8.19% CAGR During 2012-2016, Study Says
Analysts forecast the GIS market in India to grow at a CAGR of 8.19 percent over the period 2012-2016, according to a report released by Research and Markets. One of the key factors contributing to this market growth is the increasing demand from the government sector. The GIS market in India has also been witnessing the development of next-generation systems. However, the need for high initial investment could pose a challenge to the growth of this market, the report says.
The report, the GIS Market in India 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the GIS market in India landscape and growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space include Autodesk Inc., Esri Inc., GE Energy, Hexagon AB, Hitachi Zosen Corp., MacDonald, Dettwiler and Associates Ltd., and Rolta India Ltd.
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