Global GIS in Telecom Sector Market Overview:
GIS stands for geographic information system are set of tools which are used to interpret the geographical information and data, the device digitalized the data and then process, stores, interprets, analyze it to provide required output. It helps Telecom companies in solving their problems such as capacity management, personnel management, market segmentation, real time knowledge of network structure and demand forecasting. Telecom companies are adopting the GIS market analysis to offer a wide range of services for increasing their customer reach. Various end-user segments are using GIS tools for Hadoop by ESRI, a GIS provider to study the impact of driver carpooling as it aids in visualization and the analysis of maps.
As per latest study released by AMA Research, the Global GIS in Telecom Sector market is expected to see growth rate of 11.5%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increase in Demand for Improved Reality & Virtual Reality in the Industries
Market Growth Drivers:
Upsurge in Demand of GIS Applications for Mobile & Broadband Services and Increasing Demand of Network Installation across the World
Challenges:
GIS Technology Is an Expensive Software
Restraints:
Lack of Skilled Professionals Required For Installations Related to the Software
Opportunities:
Rising Investment on Research & Development on 5G Technology, Growing Investment in IT Infrastructures and Increasing Government Spending To Develop and Built Smart Cities
Competitive Landscape:
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period.
Some of the key players profiled in the report are Bentley Systems Incorporated (United States), Blue Marble Geographics (United States), Harris Corporation (United States), Hexagon AB (Sweden), Pitney Bowes Inc. (United States), RMSI Inc. (India), Trimble Inc. (United States), Autodesk (United States), Maxar Technologies (United States) and ESRI Inc. (United States). Additionally, following companies can also be profiled that are part of our coverage like Spatial Business Systems, Inc. (United States) and Cyient Ltd. (India). Analyst at AMA Research see United States Players to retain maximum share of Global GIS in Telecom Sector market by 2030. Considering Market by Deployment, the sub-segment i.e. On-Premise will boost the GIS in Telecom Sector market.
Latest Market Insights:
In December 2023, Airtel launched a new satellite-based broadband service, "Airtel Xstream Fiber with HughesNet," leveraging OneWeb's satellite network to reach remote and underserved areas.
What Can be Explored with the GIS in Telecom Sector Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global GIS in Telecom Sector Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in GIS in Telecom Sector
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global GIS in Telecom Sector market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in GIS in Telecom Sector market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Service Providers of GIS, Software Provider of GIS in Telecom Sector, Telecom Industry and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.