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Research and Markets - APAC Region Geographic Information System Market Growth of 10.73% CAGR by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: Esri, Hexagon, MacDonaldDUBLIN, June 28, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Geographic Information System Market in the APAC Region 2016-2020" report to their offering. The GIS market in APAC is forecast to grow at a CAGR of 10.73% during the period 2016-2020. Commenting on the report, an analyst from the research team said: The vendors in the GIS market in APAC provide customized GIS applications as per the industry requirements. For instance, the retail industry vendors opt for customized GIS solutions to suit their requirements. This helps them remain competitive in the market. According to the report, GIS helps identify relations between customers' geographical presence and organizations' marketing campaigns. Organizations use GIS technology to improve their customer segmentation and targeting. GIS helps the organizations to easily identify the reach of their marketing activities in a particular targeting segment. GIS provides customer details based on customer culture, lifestyl, demography, buying behavior, and other details. Further, the report states that many small and medium-sized enterprises and cost-driven companies are reluctant to adopt GIS technology because of the high capital investment, affecting the growth of the market among conventional industries such as retail, telecom, real estate, and transportation and logistics. Companies Mentioned:
Report Structure: PART 18: Vendor landscape PART 20: About the Author For more information visit http://www.researchandmarkets.com/research/9xp386/geographic Media Contact: Research and Markets |