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GIS Market in the BFSI Sector to see 8.43% CAGR Globally by 2018, says a Report available at R&I

A GIS is a system or a set of tools used to interpret business and geospatial data. It integrates hardware, software, and data for processing business and geographically referenced data.
Portland, Oregon, United States of America (prbd.net) 17/02/2015
Reports and Intelligence adds a report titled “Global GIS Market in the BFSI Sector 2014-2018.” The report provides deep analysis and growth projections of the global GIS market. The report forecast the global GIS market in the BFSI sector to register a CAGR of 8.43% during the forecast period i.e. 2013-2018.

GIS refers to a system that is used for interpreting geospatial and business data. The system digitizes and processes the geospatial data received to provide the desired output. The data is used for numerous tasks, for example; disaster management, viewing maps, designing facilities, marketing, finding location details and others. GIS finds its application across a wide range of sectors such as Federal Government, Natural Resources, Communication & Telecom, Utilities, Military/Law Enforcement, and Others.

Browse detailed report at: http://www.reportsandintelligence.com/global-gis-in-the-bfsi-sector-2014-2018-market

The increasing demand for integrated GIS applications is the major factor fueling the growth of the GIS market in the BFSI sector. Also, the emerging trend of using GIS for tracking the online cash status of the Automated Teller Machines (ATM), would further propel the market growth. However, popularity of open source software is the major challenge for the global GIS market in the BFSI sector.

The report consists of detailed analysis of the market trends, drivers & restraints and various other factors influencing the growth of the global market. The report provides detailed analysis of the market dynamics including the competitive landscape and growth potentials of the market across a wide range of geographies such as EMEA, APAC and Americas.
Companies profiled in the report are MDA, Hexagon, Esri, Geosoft, GE Energy, Digital Globe, Caliper, Autodesk, Astrium (EADS), Computer Aided Development, China Information Technology, Beijing SuperMap Software and AvisMap GIS Technologies.

Key Questions Answered in this Report:
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?


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