GIS in Telecom Sector Market Growing Expeditiously- Reaching $7,773 Million, Globally, by 2023

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GIS IN TELECOM SECTOR MARKET
GIS in Telecom Sector Market by Type (Software
and Services), Deployment Model (Cloud and
On-premise), and End User (Small Medium
Enterprise and Large Enterprise)
GLOBAL OPPORTUNITY AND FORECAST 2017- 2023
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GIS IN TELECOM SECTOR MARKET ANALYST REVIEW
Increase in investment on RD for 5G technology
and the rise in strategic alliance and merger
acquisition across telecom sector to diversify
their operations are expected to witness high
growth rate during the forecast period, due to
the advantages of GIS in Telecom Sector in terms
of capacity planning, network monitoring, and
demand forecasting. Moreover, increase in demand
for GIS applications for mobile and broadband
services are major drivers of the GIS in Telecom
Sector market. Rahul Kumar Research Analyst,
ICT at AMR
 
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CURRENT AND FUTURE MARKET SCENARIO

• The Global GIS in Telecom Sector market was
  valued at 1,633 million in 2016.
• The Global GIS in Telecom Sector market is
  projected to reach at 13.4 billion by 2023.
• The Global GIS in Telecom Sector market growing
  at a CAGR of 11.8 from 2017 to 2023. 
• The large enterprise segment is expected to
  dominate the market, in terms of market share,
  during the forecast period.
• The cloud deployment segment accounted for the
  highest share of the global GIS in telecom sector
  market in 2016, growing at a CAGR of 11.6 from
  2017 to 2023.

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TOP IMPACTING FACTORS TO MARKET GROWTH

• Rise in Adoption Of GIS Applications for Mobile
  Broadband Services
• GIS applications involve mapping, geocoding,
  modeling, routing, and analyzing software. Thus,
  the use GIS in telecom sector increases business
  productivity by providing platform to collaborate
  with CRM systems, networks, database, fault
  management system, and wireless location, which
  is expected to boost the growth of the GIS in
  telecom sector market in the near future.
• Emergence of Satellite Imagery
• Rise in demand of satellite images by the
  companies such as Apple and Google for providing
  maps and increase in government spending to
  develop and built smart cities drive the GIS in
  telecom sector market.
• Rise in Demand for Network Installations Across
  Rural Area
• Due to lag of telecom infrastructure, rural areas
  are untapped with the technology, internet, and
  other digital platforms. Thus, rise in broad
  network coverage and large connectivity, boost
  the market growth.

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GIS IN TELECOM SECTOR MARKET SEGMENTATION

• BY DEPLOYMENT MODEL
• Cloud
• On-premises

• BY END USER
• Small Medium Enterprise (SMEs)
• Large Enterprise

• BY TYPE
• Software
• Services

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The cloud deployment segment accounted for the
highest share of the global GIS in telecom sector
market in 2016, growing at a CAGR of 11.6 from
2017 to 2023.
The large enterprise segment is expected to
dominate the market, in terms of market share,
during the forecast period.
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GEOGRAPHICAL OVERVIEW

• Based on region, it is analyzed across North
  America, Europe, Asia-Pacific, and LAMEA.
• The North America GIS in telecom sector market
  generated the highest revenue, accounting for
  927 million in 2016.
• The U.S. was the market leader in 2016. In
  addition, China, Australia, India, and other
  emerging nations are projected to provide
  significant opportunities for the major players.

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DOMINATING MARKET PLAYERS PROFILED IN THE STUDY

• Bentley Systems Incorporated
• Blue Marble Geographic
• Cyient Ltd.
• ESRI (Environmental Systems Research Institute)
  Inc.
• Harris Corporation
• Hexagon AB
• Pitney Bowes Inc.
• RMSI Inc.
• Spatial Business Systems Inc. and
• Trimble Inc.

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A Report Titled GIS in Telecom Sector Market-
Opportunities And Forecast, 2017 2023 has been
recently published by Allied Market Research. It
makes an In-depth Analysis of current trends,
drivers, and restraining factors that affect
Financial Ratios relevant to the industry.
Company profiles for key vendors in business
builds a comprehensive picture of profitable
opportunities from Stakeholders Perspective. To
Know More About GIS in Telecom Sector Market-
Opportunities and Forecast 2017-2023 https//www.a
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