Latest News- GIS In Telecom Sector Market: Software is expected to lead the Product segment during 2024-2028

The GIS In Telecom Sector Market is being driven by Increased use of GIS for capacity planning

The GIS In Telecom Sector Market is expected to grow at a CAGR of 14.68% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1909.2 million. In the telecom sector, the integration of Geographic Information Systems (GIS) technology with big data and advanced analytics has revolutionized the way businesses process and derive valuable insights from voluminous and complex spatial data. Esri, a leading GIS provider, offers innovative solutions by developing GIS tools for Hadoop, an open-source big data processing framework. These tools facilitate the analysis of spatial data within Hadoop's distributed computing environment. Key functions of this software include data visualization and analysis through maps, online publishing of map applications, and performing advanced polygon analysis to extract actionable insights from vast spatial datasets. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Software
  • Data
  • Services
• Deployment
  • On-premises
  • Cloud
• Geography
  • APAC
    • China
  • North America
    • Canada
    • US
  • Europe
    • UK
    • Italy
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased use of GIS for capacity planning
• Growth of enterprise GIS
• GIS aids in enhancing customer services

However, the market also witnesses some limitations, which are as follows:

• Communication gap between developers and end-users
• Open-source GIS software increasing market competition
• Lack of planning leading to GIS implementation failure

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Market Scope in GIS In Telecom Sector Market Research Report

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Research Analysis Overview

In the telecom sector, Geographic Information Systems (GIS) play a crucial role in managing spatial data through geospatial databases. This involves data integration, modeling, analysis, and visualization using tools such as mobile mapping software and network simulation. Network modeling and optimization algorithms are used for capacity planning, service area optimization, and telecom infrastructure planning. Key performance indicators like network availability, packet loss, and service interruptions are monitored through network monitoring systems and telecom analytics platforms. Network security audits, disaster recovery planning, service fulfillment, order management, customer relationship management, network intelligence, network insights, network performance dashboards, telecom inventory management, and telecom billing systems are also essential components of GIS in the telecom sector.

Market Research Overview

In the telecom sector, the application of Geographic Information Systems (GIS) contributes significantly to network planning, optimization, coverage analysis, site selection, tower planning, wireless network design, and cellular network deployment. These processes are crucial for 5G network deployment and IT management software, which falls under the broader category of networking software in the global IT systems software market. This market encompasses organizations specializing in application development and management, cloud computing, data centers, hosting, mobility, security, and storage software. According to Technavio, the market size is determined by the combined revenue generated by these companies, including those providing cloud-based systems software solutions.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Website: www.technavio.com/