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Increase in investment on R&D for 5G technology and the rise in strategic alliance and merger & acquisition across telecom sector to diversify their operations are expected to witness high growth rate during the forecast period, due to the advantages of GIS in Telecom Sector in terms of capacity planning, network monitoring, and demand forecasting. Moreover, increase in demand for GIS applications for mobile and broadband services are major drivers of the GIS in Telecom Sector market.<br><br>Get more comprehensive Sample PDF Copy@ https://www.alliedmarketresearch.com/request-sample/3010<br><br>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.
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GIS IN TELECOM SECTOR MARKET GIS in Telecom Sector Market by Type (Software and Services), Deployment Model (Cloud and On-premise), and End User (Small & Medium Enterprise and Large Enterprise) GLOBAL OPPORTUNITY AND FORECAST 2017- 2023
GIS IN TELECOM SECTOR MARKET ANALYST REVIEW Increase in investment on R&D for 5G technology and the rise in strategic alliance and merger & acquisition across telecom sector to diversify their operations are expected to witness high growth rate during the forecast period, due to the advantages of GIS in Telecom Sector in terms of capacity planning, network monitoring, and demand forecasting. Moreover, increase in demand for GIS applications for mobile and broadband services are major drivers of the GIS in Telecom Sector market. Rahul KumarResearch Analyst, ICT at AMR
CURRENT AND FUTURE MARKET SCENARIO • The Global GIS in Telecom Sector market was valued at $1,633 million in 2016. • The Global GIS in Telecom Sector market is projected to reach at $13.4 billion by 2023. • The Global GIS in Telecom Sector market growing at a CAGR of 11.8% from 2017 to 2023. • The large enterprise segment is expected to dominate the market, in terms of market share, during the forecast period. • The cloud deployment segment accounted for the highest share of the global GIS in telecom sector market in 2016, growing at a CAGR of 11.6% from 2017 to 2023.
TOP IMPACTING FACTORS TO MARKET GROWTH • Rise in Adoption Of GIS Applications for Mobile & Broadband Services • GIS applications involve mapping, geocoding, modeling, routing, and analyzing software. Thus, the use GIS in telecom sector increases business productivity by providing platform to collaborate with CRM systems, networks, database, fault management system, and wireless location, which is expected to boost the growth of the GIS in telecom sector market in the near future. • Emergence of Satellite Imagery • Rise in demand of satellite images by the companies such as Apple and Google for providing maps and increase in government spending to develop and built smart cities drive the GIS in telecom sector market. • Rise in Demand for Network Installations Across Rural Area • Due to lag of telecom infrastructure, rural areas are untapped with the technology, internet, and other digital platforms. Thus, rise in broad network coverage and large connectivity, boost the market growth.
GIS IN TELECOM SECTOR MARKET SEGMENTATION • BY DEPLOYMENT MODEL • Cloud • On-premises • BY END USER • Small & Medium Enterprise (SMEs) • Large Enterprise • BY TYPE • Software • Services Get PDF Sample Copy@ https://www.alliedmarketresearch.com/request-sample/3010
The cloud deployment segment accounted for the highest share of the global GIS in telecom sector market in 2016, growing at a CAGR of 11.6% from 2017 to 2023. The large enterprise segment is expected to dominate the market, in terms of market share, during the forecast period.
GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • The North America GIS in telecom sector market generated the highest revenue, accounting for $927 million in 2016. • The U.S. was the market leader in 2016. In addition, China, Australia, India, and other emerging nations are projected to provide significant opportunities for the major players.
DOMINATING MARKET PLAYERS PROFILED IN THE STUDY • Bentley Systems Incorporated • Blue Marble Geographic • Cyient Ltd. • ESRI (Environmental Systems Research Institute) Inc. • Harris Corporation • Hexagon AB • Pitney Bowes Inc. • RMSI Inc. • Spatial Business Systems Inc. and • Trimble Inc.
A Report Titled “GIS in Telecom Sector Market- Opportunities And Forecast, 2017– 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About GIS in Telecom Sector Market- Opportunities and Forecast 2017-2023 https://www.alliedmarketresearch.com/GIS-in-telecom-sector-market Get PDF Sample Copy https://www.alliedmarketresearch.com/request-sample/3010 Follow Allied Market Research
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