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Growth of Geographic Information Systems Market - Technological Advancements, New Opportunities and Business Strategies
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Akash kale
Aug 31, 2017, 3:41:09 AM8/31/17
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Geographic Information System is a type of computer system that is used to capture, store, check and display data related to positions on earth surface. Increasing demand for 3D based GIS, owing to the development of smart cities in various countries, is driving the growth of Geographic Information System in the market. Growing need of GIS for different applications such as construction, real estate, predicting natural disasters will drive the market in the coming years whereas high investment in implementation of GIS and lack of awareness of GIS based application can act as restraining factors in the market. Rising government investments in the market and technological advancements in image capturing and scanning will bring new opportunities in the market.
Geographic Information System is a type of computer system that is used to capture, store, check and display data related to positions on earth surface. Increasing demand for 3D based GIS, owing to the development of smart cities in various countries, is driving the growth of Geographic Information System in the market. Growing need of GIS for different applications such as construction, real estate, predicting natural disasters will drive the market in the coming years whereas high investment in implementation of GIS and lack of awareness of GIS based application can act as restraining factors in the market. Rising government investments in the market and technological advancements in image capturing and scanning will bring new opportunities in the market.
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