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Geospatial Market Grew 17% in 2005 to Top $3.3 Billion

posted by Satri on Monday July 10, @08:37AM        Permalink  Trackback URI  Slashdotthis  Diggthis  Del.icio.us
from the software-is-growing-money dept.

GIS User has the Daratech Research press release telling us the Geospatial Market grew 17% in 2005 to top $3.3 Billion. From the PR: "Worldwide GIS/Geospatial revenue is forecast to reach $3.6 billion in 2006, up from $2.82 billion in 2004. This growth is driven by sales of commercial data products and the emergence of desktop and Internet-based systems. Core-business revenue includes software, hardware, services and data products. [...] Software comprised over one-half of total revenue, with revenues from GIS software vendors reaching $1.5 billion. [...] Data was the second largest component of core-business revenues, accounting for a quarter of total revenue [...]"

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• Analysis

  (Score:1, Informative)

  by Anonymous Voxel on Monday July 10, @09:09AM (#805)

  All Points Blog offers some analysis/questions.
  http://www.allpointsblog.com/archives/1623-New-Dar atech-Report-on-GIS-Marketplace-Out.html [allpointsblog.com]