London, 10 September 2014 – TechNavio, a global tech-focused researched firm has added a new research report on the Global GIS Market in the Retail Sector 2014-2018 to its library.
About Geographic Information Systems (GIS)
A GIS is a set of tools that digitizes the received geospatial data and processes, stores, interprets, analyzes, and manipulates them to provide the required output. It plays an important role in the retail sector, as it is widely used in decision-making processes and for asset management. The increased demand for GIS technology worldwide is leading to a CAGR of 12.57 percent during the forecast period
The latest report by TechNavio focuses on the adoption of mobile-based GIS applications by many end-users. Several vendors have started offering GIS solutions and applications to various mobile computing devices and smartphones for commercial enterprises.
“Global GIS market vendors provide customized GIS applications to meet specific industry needs and to fulfil the requirements of companies to sustain a competitive advantage in the market. Moreover, vendors develop application-specific GIS solutions that are in high demand among end-users as they are more cost-effective than general purpose GIS solutions,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Increased Use of GIS in Decision-making Processes.
- For a full detailed list, view our report.
Market Challenges:
- Availability of Low-cost GIS Equipment
- For a full detailed list, view our report.
Market Trends:
- Increased Adoption of GIS Applications for Mobile Computing Devices
- For a full detailed list, view our report.
Key Vendors:
- Esri Inc.
- Hexagon AB
- MacDonald, Dettwiler and Associates Ltd. (MDA)
Other Prominent Vendors:
- Astrium
- Autodesk
- Bentley Systems
- Caliper
https://www.technavio.com/%3Cp%3E%C2%A0%3C/p%3E%3Cp%3E%3Ca%20href%3D%22ht…
