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GIS in Telecom Sector Market Projection By Key players – BENTLEY SYSTEMS INCORPORATED, BLUE MARBLE GEOGRAPHICS, CYIENT LTD, ESRI INC., HARRIS CORPORATION, HEXAGON AB Till 2028

09-27-2021 12:46 PM CET | IT, New Media & Software

Press release from: Research N Reports

GIS in Telecom Sector Market 2021 - 2028

***Latest Updated Market Research Report

Summary:
The global GIS in Telecom Sector Market was valued at $1,633 million in 2019, and is estimated to reach $3,272 million by 2028, growing at a CAGR of 10.59% from 2021 - 2028. GIS in telecom sector enables industries to capture real time network performance, signal strength, customer base, and preferred product such as data and call rate. This software is implemented on cloud as well as on premise.
Increase in demand for augmented reality & virtual reality in the industries such as healthcare and production fuels the demand for GIS in telecom sector, thereby fueling the market growth across North America and Europe. However, LAMEA is expected to account for the least share in the global market as compared to other regions, due to uniform smartphone penetration across Latin America.

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The cloud-based model is adopted by the industries due to greater reach, flexibility in terms of usage & cost, and requirement of less maintenance. The global GIS in telecom sector market is expected to witness significant growth rate, due to the rise in demand of GIS applications for mobile & broadband services and increase in demand of network installation across the developed and the developing regions, including North America, Europe, and Asia-Pacific.
The Asia-Pacific GIS in telecom sector market is expected to register the highest CAGR during the forecast period. Government is spending huge in building smart cities and increase in investment on research & development on 5G technology, which drives the growth of the GIS in telecom sector market. In addition, the developing countries such as China, India, and Japan invest a big amount in digitalization, which is expected to offer lucrative opportunities for market expansion. Moreover, growth in demand for app-based services are the key drivers for the growth of the Asia-Pacific GIS in telecom sector market.
Furthermore, Middle East & Africa are expected to gain traction due to increase in investment in IT infrastructures. However, lack of awareness toward the software and dearth of skilled professionals required for installations related to the software are expected to restrain the GIS in telecom sector market growth during the forecast period.
The global GIS in telecom sector market is segmented on the basis of type, deployment model, end user, and geography. The type covered in the study include software and services. By deployment model, the market is bifurcated into cloud and on-premise. Based on end user, it is divided into small & medium enterprise and large enterprise. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key Market Players
• BENTLEY SYSTEMS INCORPORATED
• BLUE MARBLE GEOGRAPHICS
• CYIENT LTD
• ESRI INC.
• HARRIS CORPORATION
• HEXAGON AB
• PITNEY BOWES INC.
• RMSI INC.
• SPATIAL BUSINESS SYSTEMS INC.
• TRIMBLE INC

Access More Details @ https://www.researchnreports.com/service-industries/Europe-GIS-in-Telecom-Sector-Industry-2016-Market-Research-Report-2854

Table Of Content:
1 Report Overview
2 Global Growth Trends
3 Competition Landscape by Key Players
4 Market Size by Type (2021-2028)
5 Market Size by Application (2021-2028)
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13 Key Players Profiles
14 Analyst's Viewpoints/Conclusions
15 Appendix

Continued. . .

Major Highlights of the GIS in Telecom Sector Market Report:
• The GIS in Telecom Sector Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
• The report dives deeper into the market and explains the dynamic factors bolstering market growth.
• The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
• The report analyzes the GIS in Telecom Sector Market presence across major regions of the world.
• It determines the production & consumption capacities and demand & supply dynamics of each regional market.
• The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
• It provides company overview and SWOT analysis of each of the market players.

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