UK: Governments and utilities around the world are currently incorporating GIS into different phases of infrastructure life-cycle such as surveying, planning, designing, constructing and the maintenance process. TechNavio Insights announces this week the launch of its report ‘GIS in Utilities 2009-2013’
According to TechNavio, the market for GIS in utilities is forecast to grow at a compound annual growth rate (CAGR) of 10.1 percent over the period. Along with its traditional usage in utilities, GIS is now being used in advanced areas, such as smart grid, vegetation management and renewable energy management.
‘Instead of using GIS as a stand-alone system, utilities are integrating it into their existing IT infrastructure. This is helping them increase their efficiency and make better decisions,’ said a TechNavio expert. Other factors, like database integration and lack of digital infrastructure at smaller firms, are inhibiting the growth of GIS in utilities.
The report forecasts the size of GIS in the utilities market, over the period 2009-2013, segments the market into three geographic regions- Americas, EMEA and APAC and represents the market size and forecast for each of these regions. Further, it discusses the key market trends, drivers and challenges of GIS in the Utilities market, and profiles some of the key vendors of this market.
Source: PR log, TechNavio