ICT and Media Business News Geographic Information System Market | Page 3

Geographic Information System Market
On the basis of project size, the GIS market has been categorized into small (less than $250K), medium ($250K to
$1 million), and large (more than $1 million). During the forecast period, the market is expected to register the
fastest growth in medium-sized projects. This can be attributed to the increasing expenditure of the defense and
healthcare sectors on GIS.
During the forecast period, the GIS market is expected to witness the fastest growth in APAC, owing to the
increasing use of this technology by governments, and for water and wastewater management, in the
developing countries of the region, including India and China. Increasing urbanization, supported by growing
investments in smart cities, is expected to bolster the demand for the technology in the region in the coming
years.
P&S Intelligence