Global GIS Engineering Applications Market 2008-2012

Online, May 13, 2010 (Newswire.com) - TechNavio Insights announces this week the release of the report 'Global GIS Engineering Applications Market 2008-2012.'

According to TechNavio, the market for GIS Engineering Applications is forecast to grow at a CAGR of 12.6 percent over the forecast period.

Due to the rapid development in hardware, software and the GPS technology, governments and organizations around the world are integrating GIS into engineering projects, and different phases of infrastructure life cycle, such as surveying, planning, design, construction and maintenance process. Further, companies are integrating GIS into their existing infrastructure, which is helping them increase their efficiency and take better decisions.

'Certain factors like database integration and lack of digital infrastructure are inhibiting the growth of GIS in the Engineering sector. These issues need to be addressed to keep this industry in the high growth trajectory,' says a TechNavio expert.

The report 'Global GIS Engineering Applications market 2008-2012' forecasts the size of the Global GIS Engineering Applications market over the period 2008-2012.

Apart from segmenting the market into three geographic regions: Americas, APAC and EMEA; it discusses the key market trends, drivers and challenges of the Global GIS Engineering Applications market, and profiles some of the key vendors of this industry.