New York: The GIS market in India is going to grow at 8.19% CAGR over the period 2012-2016, according to a TechNavio report.
The analysts have mentioned in the report that one of the major drivers in the market 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 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.