Skip to main content

GIS in Telecom Market To Witness 12.2% CAGR during 2020–2030

The geographic information system (GIS) in telecom market will grow at a CAGR of 12.2% during the forecast period (2020–2030), due to the surging demand for network installation and rising adoption of GIS solutions for broadband and mobile services. The market was valued at $1.3 billion in 2019, and it is expected to reach $4.6 billion by 2030. Telecom companies use GIS to combine information from several sources on one platform, which helps in analyzing critical challenges being faced by broadband services.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/gis-in-telecom-market/report-sample


Currently, the players are focusing on the miniaturization of devices. GIS is being revolutionized by the integration of advanced technologies like artificial intelligence (AI) and the internet of things (IoT). These developments have resulted in the integration of sensors and connected devices in GIS solutions to aid telecom firms in collecting the data specific to their requirements. Besides, miniature devices also provide more flexibility in the collection of geospatial data in real time, which is essential for navigation and mapping applications.

In recent years, the players operating in the GIS in telecom market have introduced an array of new and improved products to gain a competitive edge. For example, IQGeo Group plc introduced Network Manager in November 2018, for telecom service providers by enabling them to use the extended IQGeo platform to design, maintain, and edit networks and host network asset data. The users can save costs and improve their customer experience by using this platform as it is compatible with the cloud as well as on-premises infrastructure.

The deployment type segment of the GIS in telecom market is bifurcated into on-premises and cloud. Of these, the on-premises category accounted for the larger market share in 2019, as this deployment mode provides more safety and security to the GIS data than the cloud. The cloud category will showcase the faster growth in the forecast years, as the cloud technology allows for the access of data from mobile phones and web browsers. Owing to this property, telecom companies are rapidly adopting cloud-based GIS solutions.
Labels:

Comments

Post a Comment

Popular posts from this blog

Demand for Webgames Set to Shoot Up in Asia-Pacific in Coming Years

The global webgame market valuation will rise from $3.5 billion in 2019 to $6.5 billion by 2030. Furthermore, the market is predicted to demonstrate a CAGR of 5.7% between 2020 and 2030. Depending on genre, webgames are classified into sports games, real-time strategy games, massive multiplayer online roleplaying games (MMORPGs), arcade games, and first-person shooters. Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/webgame-market-insights/report-sample Out of these, the popularity of first-person shooters will grow sharply across the world in the forthcoming years, as per the estimates of P&S Intelligence, a market research company based in India. These types of games are not like the third-person shooters, in which, the gamers can see the character which they are controlling. As these games are highly engrossing and thrilling, their popularity is soaring rapidly all over the world. Globally, the webgame industry is predicted to exhibit the...
Post a Comment
Read more

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...
Post a Comment
Read more

3D Printing Ceramics Market Research by Products & Services, Components & Geography

The technology has created immense opportunities for product designing and helped in consolidating product assembly processes. Ceramics are mainly used for printing plates, cups, and other cutlery items. Ceramic prototypes are also used in high temperature application areas in the aerospace and automotive industries. Get a free sample copy of this report @  https://www.psmarketresearch.com/market-analysis/3d-printing-ceramics-market/report-sample Rapid growth in the 3D printing ceramics market is driven by rise in demand for 3D printing in the dental industry and product modification, and development in various end-use industries. 3D printing is gaining demand in the healthcare industry, especially for dental applications. Ceramics are being preferred for 3D printing of orthopedic and dental implants, and heart valves, due to their characteristics such as inertness, porosity, resistance to high wear, high compression strength, and capability to mold into a variety of shapes...
Post a Comment
Read more