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| [November 09, 2012] |
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CCID Consulting: Rapid Development of COMPASS Fueling Growth of Geographic Information in China
BEIJING --(Business Wire)--
CCID Consulting (HK: 08235) :
China's COMPASS Navigation Satellite Industry
As China's self-developed navigation satellite system, COMPASS has
played a positive role in various aspects of the country's economy and
society. Its construction and operation is gradually becoming the core
driving force for the development of China's navigation satellite
industry, and such a promoting role is also strengthening, driving the
explosive growth of the industry. According to the statistics of CCID
Consulting, the size of China's COMPASS navigation satellite industry
reached RMB 8.596 billion in 2011, an increase of 43.2% year-on-year.
Currently, the COMPASS industry is taking shape in China's various
provinces and municipalities, including Beijing, Shanghai, Shaanxi,
Shandong, Jiangsu, Zhejiang, Guangdong, Sichuan and Chongqing (see
Figure 1). The COMPASS system has been widely applied in various fields
such as meteorology, fishery, transportation, hydrology, forestry,
rescue, telecommunication, and power generation. Although the current
performance of the COMPASS navigation satellite system is still far
below GPS, it is undoubtedly to play a critical role in China's
navigation satellite industry in the future.
Figure 1 Layout of China's COMPASS Navigation Satellite Industry in
2011
http://event.ccidconsulting.com/en/images/en-1109-1.jpg
Source (News - Alert): CCID Consulting, November 2012
According to the planning of China Satellite Navigation Office, the size
of China's navigation satellite industry will reach RMB 200 billion by
2015, and RMB 400 billion by 2020, showing a great potential for its
future growth. Meanwhile, the completion of COMPASS will also allow
China to provide related local products and services.
China's Geographic Information Industry
China's geogaphic information industry is enjoying a rapid growth, with
its market size growing steadily and applications expanding
continuously. According to the statistics of CCID Consulting, its
compound average growth rate was 38% from 2009 to 2011. The market size
reached RMB 126.01 billion in 2011, and the total output of China's
geographic information industry is expected to surpass RMB 1 trillion by
2020.
Figure 2 Size and Growth of China's Geographic Information Industry,
2009-2011
http://event.ccidconsulting.com/en/images/en-1109-2.jpg
Source: CCID Consulting, November 2012
In China's geographic information industry, the lion's share, about
87.9%, is taken by the global navigation satellite system (GNSS),
followed by the geographic information system (GIS) sector with a share
of about 7.6% and the remote sensing (RS) sector with about 4.5%. With
the emergence of COMPASS, the dominating GNSS sector and the entire
geographic information industry will continue to grow.
Figure 3 Structure of China's Geographic Information Industry in 2011
http://event.ccidconsulting.com/en/images/en-1109-3.jpg
Source: CCID Consulting, November 2012
With the completion of the COMPASS network in the Asian-Pacific region,
the continuous development of the national economy, and the strategic
investment and policy support from the government, the demand for
China's geographic information industry will reach its peak growth rate
in the future. According to CCID Consulting, the size of China's
geographic information industry is expected to reach RMB 231.03 billion
by 2014, with a compound annual growth rate of 22.4% in the next two
years.
Figure 4 Forecasts on Size and Growth of China's Geographic
Information Industry, 2012-2014
http://event.ccidconsulting.com/en/images/en-1109-4.jpg
About CCID Consulting Co., Ltd.
CCID Consulting Co., Ltd., the first Chinese consulting firm listed in
the Growth Enterprise Market (GEM (News - Alert)) of the Stock Exchange of Hong Kong
(HKSE: 08235) and the first consulting firm which gets ISO 9001
international and national quality management system standard
certification, is directly affiliated to China Center for Information
Industry Development (hereinafter known as CCID Group). Headquartered in
Beijing, CCID Consulting has so far set up branch offices in Shanghai,
Guangzhou, Shenzhen, Xi'an, Wuhan and Nanjing with over 300 professional
consultants. The company's business scope has covered over 200 large and
medium-sized cities in China. CCID Consulting provides customers with
public policy establishment, industry competitiveness upgrade,
development strategy and planning, marketing strategy and research, HR
management, IT programming and management services, investment and
financing, and M&A. The company's customers range from government
departments at all levels and diversified industrial parks, to
industrial users in strategic emerging industries in new generation
information technology, energy saving and environmental protection,
biological science and technology, high-end equipment manufacturing, new
materials, and new energy. CCID Consulting commits itself to become the
No. 1 advisor for urban economy, the No.1 consultancy for enterprise
management, and the No. 1 branch for informatization consulting in China.
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