GIS in telecom sector: Key market research findings
- The Americas dominate the market geographically
- The software segment accounts for a majority of the market’s revenue
- Key vendors – ESRI, Hexagon, and Pitney Bowes
Technavio’s market research analysts predict the global GIS market in the telecom sector to grow at a CAGR of more than 11% between 2016 and 2020. The growth of this market can be accredited to the increasing use of GIS for capacity planning. GIS provides its users with information about market segmentation and the pattern of consumer use. It is widely used to device a communication network structure after precisely predicting future communication demands of the region. GIS also facilitates effective decision-making with the use of existing network structure and the status of network performance. During 2015, the global GIS in the telecom sector market was dominated by the Americas with a market share of around 47%. The growth of wired and wireless connections in the US is expected to play a key role in the growth of the GIS in telecom sector market in the Americas over the next four years.
The new market research report from Technavio presents a breakdown and analysis of the GIS segments based on the product.
“GIS is being increasingly used in broadcasting lately. With an increase in cell phone use across the globe, the demand for technology that can help cell phones receive TV signals is on a rise. DTTV, with an option of using digital radio transmission, enables cell phones to receive TV signals and in turn, increases the scope of DTTV and GIS. GIS is popular among broadcasting companies due to its ability to design coverage area,” says Amrita Choudhury, Lead Analyst, ICT, Technavio Research.
The software segment accounted for almost 49% of the overall market revenue to become the dominant revenue generator in the global GIS in telecom sector market in 2015. Many companies in the telecom sector rely primarily on intelligent maps created by GIS for effective decisions on capacity planning and other activities such as improved service and next-generation enhancement. Furthermore, GIS technology helps increase the sales of the software, resulting in the growth of this segment.
The key vendors in the market include ESRI, Hexagon, and Pitney Bowes. The market is fragmented with the presence of a large number of suppliers. Many vendors have started enhancing their market potential using strategies such as providing customized solutions based on the needs and demands of the end-users.
Some of the vendors in the market are trying to specialize in any one segment of the market. The market is growing at a rapid rate; therefore, many vendors are entering this market. Providers in this market offer several services such as consulting, end-to-end services, and implementation services to gain a competitive advantage over their competitors in the market.
A more detailed analysis is available in the Technavio report, Global GIS in Telecom Sector Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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