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URBAN DEVELOPMENT IN INDIA TO DRIVE GIS MARKET GROWTH IN ASIA-PACIFIC
The Business Guardian
|November 22, 2024
India's GIS sector is transforming urban development and economic growth, driving Asia-Pacific market expansion through innovative technologies and government initiatives.
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The geographic information system (GIS) sector in India is undergoing a revolutionary transformation, driven by urban development and cutting-edge technologies.
The critical role of GIS in shaping the country's urban and economic landscape while positioning India as a significant contributor to the Asia-Pacific GIS market.
Globally, the GIS market is set to grow from its current size of approximately USD 11 billion to USD 24.61 billion by 2034, reflecting a compound annual growth rate (CAGR) of 8.71 per cent, according to Precedence Research.
Developing economies like India and China are expected to play pivotal roles in this expansion, thanks to robust urban development and infrastructure projects, particularly smart city initiatives.
Dit verhaal komt uit de November 22, 2024-editie van The Business Guardian.
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