Friday, December 8. 2006

Size of Indian GIS Market

Express Computer Online includes some stats from Manideep Saha, Sales Development Manager, Infrastructure Solutions, AutoDesk India.

According to a recent study conducted by Geospatial Today in association with Antrix Corporation and Survey of India in May 2006, the GIS market (domestic and export) is expected to grow from Rs 962 crore ($ 209 million) in 2005 to Rs 2,820 crore ($ 613 million) by 2010 at a CAGR of 14.5 percent. This study also focussed on different sections of the geospatial industry, including geospatial data, services (including remote sensing and survey), software products and export of geospatial application services from India. According to the report, the domestic market estimates for these services in India amounts to about Rs 562 crore ($ 122 million) in fiscal 2005 and is expected to reach Rs 1,824 crore ($ 396 million) by 2010, at a CAGR of 17.57 percent per annum.

Posted by Adena Schutzberg at 15:18 | Comments (0) | Trackbacks (0) |

Comments

Display comments as (Linear | Threaded)

No comments

Add Comment

Name
Email
Homepage
In reply to	[ Top level ]
Comment	Enclosing asterisks marks text as bold (*word*), underscore are made via _word_. Standard emoticons like :-) and ;-) are converted to images. E-Mail addresses will not be displayed and will only be used for E-Mail notifications To prevent automated Bots from commentspamming, please enter the string you see in the image below in the appropriate input box. Your comment will only be submitted if the strings match. Please ensure that your browser supports and accepts cookies, or your comment cannot be verified correctly. Enter the string from the spam-prevention image above:
	Remember Information?   Subscribe to this entry