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.