Increased Usage of GIS in broadcasting set to Define Growth Tendencies in the Global GIS Market in Telecommunication Industry: Technavio Report

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  • The key vendors in the Global GIS Market in Telecommunication Industry 2014-2018 are Esri, Hexagon AB and MacDonald, Dettwiler and Associates Ltd. (MDA).

London, 09 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global GIS Market in Telecommunication Industry 2014-2018.   The increased usage of GIS in broadcasting and the increased adoption of GIS applications for mobile computing devices is one of the key emerging trends in the market. The market is expected to grow at a CAGR of 10.89 percent during the period 2013-2018.

“The growth of the market is attributed to the increased need among industrialists to gain knowledge of the network structure on a near real-time basis for better capacity planning,” says Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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