PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635107
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1635107
The global GIS in telecom market is projected to grow from $2,164.8 million in 2024 to $4,516.6 million by 2030, reflecting a compound annual growth rate (CAGR) of 13.2% during the forecast period.
This growth is primarily driven by the expansion of the telecom industry worldwide, fueled by rising internet penetration and the emergence of new communication technologies, such as 5G. Geographic Information Systems (GIS) play a crucial role in effective capacity planning by providing detailed analyses that support decision-making for network installations.
Key Insights
The increasing adoption of 5G technology necessitates precise network planning, where GIS offers detailed location analyses to telecom companies, ensuring optimal site selection for network installations.
Large enterprises dominate the end-user segment, extensively utilizing GIS to enhance network connectivity, construct towers, and expand their reach in areas with connectivity challenges.
The integration of advanced technologies, such as the Internet of Things (IoT) and Artificial Intelligence (AI), is revolutionizing GIS functions. Providers are focusing on embedding GIS solutions into sensors and connected devices, enabling telecom companies to collect data tailored to their specific needs.
North America holds the largest share of the GIS in telecom market, attributed to the strong presence of major players, rapid adoption of next-generation technologies, and substantial investments in 5G infrastructure.
The Asia-Pacific region is expected to witness the fastest growth, driven by increasing investments in 5G technology, rising internet penetration, and the expansion of telecom infrastructure in emerging economies.
The market is characterized by fragmentation, with numerous players offering a variety of GIS solutions tailored to the telecom sector. This competitive landscape fosters innovation and provides telecom companies with multiple options to enhance their network planning and operations.
The proliferation of spatial data and cloud technology is enhancing the capabilities of GIS solutions, enabling telecom companies to perform complex analyses and make informed decisions regarding network expansion and optimization.
The demand for GIS solutions in the telecom sector is further propelled by the need for efficient management of network assets, optimization of service delivery, and improvement of customer experience through enhanced network reliability and coverage.