Article Entry

02 Dec 2009

Comments:0

Public Sector Remains Key Customer in Geospatial Market

Added by USGIF Category: Daily Intelligence Brief, General

publicsectorAccording to a recent study by Daratech, a market research firm specializing in GIS, the overall government sector will remain remain strong consumers of geographic information systems (GIS) and geospatial hardware, software, services and data. In 2009, the public sector will account for 40 percent of the $5.3 billion worldwide market for GIS and geospatial products. The most prevalent product categories include data, geo-enabled engineering, global positioning systems, photogrammetric and remote sensing. Daratech also estimated that the total public sector spending worldwide in 2009 should exceed $2.1 billion, with national/federal governments accounting for just less than half of the spending. State/regional governments will spend $654 million, while local governments will spend about $465 million on GIS/geospatial products.

Full Article