Vynz Research Reports has issued Global Geographic Information Systems report that discusses all the factors influencing the growth of the GIS systems. The report says that this particular niche is expected to grow at 10.7% CAGR till 2024 and market revenue will increase to USD 12.7 billion.
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The increasing trend for location based services and integration of geographical information systems with daily gadgets is one of the major drivers for growth in Global Geographic information systems market.
Report discusses the GIS market by several segmentation types. The first type is by component and GIS market is categorized into three major components; simple services, software based services and hardware based services. Component based GIS systems are being used for data mapping and data analysis and are widely used.
The application based segmentation deals with Aerospace & Defense, Healthcare, Telecom and IT, Water treatment, Government, Oil & Gas, Transportation and Engineering services.
The regions with most anticipated growth in the Global Geographic Information Systems market is North American Region that includes US, Canada and Mexico whereas the Europe region including U.K. Germany, France, Russia and rest of Europe will be following closely and Asia and Rest of the World is anticipated to growth cardinally along others.
Read the whole report here at https://www.vynzresearch.com/ict-media/geographic-information-system-gis-market