GIS in Telecom Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies


Posted April 9, 2021 by devanshuraizada

The firms aspire to improve their installation process and network connection and expand their footprints in areas with poor connectivity, by adopting GIS technology to a significant extent.
 
The telecom industry is increasingly using geographic information system (GIS) technology for mobile and broadband services, primarily for tracking the broadband infrastructure. Additionally, telecom companies using GIS solutions to study the potential growth areas for expanding their operations. With GIS, information from multiple sources can be accumulated on one platform, which assists in analyzing challenges being faced by specific areas in the broadband services.

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Moreover, booming investments in the telecom sector will fuel the integration of GIS solutions for expanding the broadband network and accelerating its speed, worldwide. Globally, GIS solutions are being revolutionized by the adoption of advanced technologies like internet of things (IoT) and artificial intelligence (AI). Integration of such technologies has led to the installation of sensors and connected devices into GIS solutions.

This has, further, led to the development of miniature devices that offer more flexibility while collecting geospatial data. The increasing demand for miniature devices will, therefore, drive the GIS in telecom industry at 12.2% CAGR during 2020–2030. At this growth rate, the market will reach to $4.6 billion by 2030 from $1.3 billion in 2019. The largescale telecom companies are the prime users of GIS solutions, as they are the major providers of network connections.

The firms aspire to improve their installation process and network connection and expand their footprints in areas with poor connectivity, by adopting GIS technology to a significant extent. These companies along with small-scale telecom firms can deploy GIS solutions on cloud as well as on-premises. Because of the safety and security offered by the on-premises GIS solutions, these enterprises are increasing their preference for this deployment mode than cloud.
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Issued By Devanshu
Country United States
Categories Business
Last Updated April 9, 2021