GIS in Telecom Sector Market (2017-2023)Have Witnessed Economic Boom in The Past years

The GIS in telecom sector is implemented across small & medium enterprise and for effective management of telecom infrastructure, network installations, and business services. Telecom sector consists of wireless operators, satellite companies, cable companies, and internet service providers.

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The surge in ICT expenditure and increase in cloud adoption across the end users including small & medium enterprise and large enterprise are anticipated to augment the market penetration. The prominent markets, such as Asia-Pacific and Europe, with developed cloud infrastructure, high adoption of Internet of Things (IoT) technology, and surge in demand for network installation across rural areas are anticipated to fuel the GIS in telecom sector market growth in the near future.

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Software segment is expected to be the major revenue contributors to the global GIS in telecom sector market, due to increase in investment in GIS applications and rise in demand of spatial and geographical characteristics. Moreover, large enterprise segment has witnessed high adoption of GIS in the telecom sector across various regions, owing to the associated benefits of advanced business insights related to customer engagement and increase in investment in diversified projects such as universal mobile telecommunications system (UMTS) integration, and business expansion across rural areas.

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North America was the highest revenue contributor to the global GIS in telecom sector market in 2016, accounting for around 58.17% share, owing to surge in need for LTE infrastructure upgradations and rise in investment on R&D on very high bandwidth for the 5G technology.

The key players profiled in the study are Bentley Systems Incorporated, Blue Marble Geographics, Cyient Ltd., ESRI (Environmental Systems Research Institute) Inc., Harris Corporation, Hexagon AB, Pitney Bowes Inc., RMSI Inc., Spatial Business Systems, Inc., and Trimble Inc. These players have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the GIS in telecom sector market.

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