GIS Market : The Gap between Promise and Practice – Understanding Industry Emerging Technology – Site Title
The global GIS market is expected to increase from $8,985.5 million in 2016, to reach $17,510.9 million by 2023, growing at a CAGR of 10.1% during 2017 – 2023. Among the various application areas, government sector has been the largest contributor to the global GIS market, accounting for over 28% of the global revenue in 2016. Increasing urbanization, in addition to the surging adoption of enterprise GIS in developing countries is expected to bolster the demand for geographic information system during the forecast period.
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