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What is the GIS In Utility Industry Market Size?

The GIS market in the utility industry size is forecast to increase by USD 3.55 billion at a CAGR of 19.8% between 2023 and 2028. Market expansion hinges on various factors, such as the rising adoption of Geographic Information System (GIS) solutions in the utility sector, the convergence of GIS with Building Information Modeling, and the fusion of Augmented Reality with GIS technology. These elements collectively drive market growth, reflecting advancements in spatial data analytics and technological convergence. The increased adoption of GIS solutions in the utility industry underscores the importance of geospatial data in optimizing infrastructure management. Simultaneously, the integration of GIS with BIM signifies the synergy between spatial and building information for enhanced project planning and management. Additionally, the integration of AR with GIS technology highlights the potential for interactive and interactive visualization experiences in spatial data analysis. Thus, the interplay of these factors delineates the landscape for the anticipated expansion of the market catering to GIS and related technologies.

What will be the size of Market during the forecast period?

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Market Segmentation

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments.

Product

  Software
  Data
  Services


Deployment

  On-premises
  Cloud


Geography

  North America

    Canada
    US


  Europe

    Germany
    France


  APAC

    China
    India
    Japan


  Middle East and Africa



  South America

    Brazil

Which is the largest segment driving market growth?

The software segment is estimated to witness significant growth during the forecast period. In the utility industry, the spatial context of geographic information systems (GIS) plays a pivotal role in site selection, land acquisition, planning, designing, visualizing, building, and project management. Utilities, including electricity, gas, water, and telecommunications providers, leverage GIS software to efficiently manage their assets and infrastructure. This technology enables the collection, management, analysis, and visualization of geospatial data, derived from satellite imaging, aerial photography, remote sensors, and artificial intelligence. Geospatial AI, sensor technology, and digital reality solutions are integral components of GIS, enhancing capabilities for smart city planning, urban planning, water management, mapping systems, grid modernization, transportation, and green buildings.

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The software segment was valued at USD 541.50 million in 2018. Moreover, the geospatial industry continues to evolve, with startups and software solutions driving innovation in hardware, smart city planning, land use management, smart infrastructure planning, and smart utilities. GIS solutions facilitate 4D visualization, enabling stakeholders to overcome geospatial data barriers and make informed decisions. The utility industry's reliance on GIS extends to building information modeling, augmented reality, and smart urban planning, ultimately contributing to the growth of the geospatial technology market.

Which region is leading the market?

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North America is estimated to contribute 37% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

How do company ranking index and market positioning come to your aid?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AABSyS IT Pvt. Ltd. - The company offers GIS solutions such as remote sensing and computer aided design and drafting solutions for electric and gas utility.

Technavio provides the ranking index for the top 20 companies along with insights on the market positioning of:

AABSyS IT Pvt. Ltd.
Autodesk Inc.
Avineon Inc.
Bentley Systems Inc.
Blue Marble Geographics
Cadcorp Ltd.
Caliper Corp.
Environmental Systems Research Institute Inc.
General Electric Co.
Hexagon AB
Mapbox Inc.
Maxar Technologies Inc.
Mobile GIS Services Ltd.
NV5 Global Inc.
Orbital Insight Inc.
Pitney Bowes Inc.
Schneider Electric SE
SuperMap Software Co. Ltd.
Trimble Inc.
VertiGIS Ltd.

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How can Technavio assist you in ma

Purpose: The mission of the Geometric Design Laboratory (GDL) is to support the Office of Safety Research and Development in research related to the geometric design of roadways and the impacts on safety. The GDL provides technical support to develop, maintain, and enhance tools for the safety evaluation of highway geometric design alternatives. This includes coordination of the Highway Safety Manual (HSM) with related tools, e.g., the Interactive Highway Safety Design Model (IHSDM) and SafetyAnalyst. The GDL supports the HSM through implementation of HSM methods in IHSDM software; by providing technical support to HSM users; by performing HSM-related technology facilitation; and by conducting HSM-related training and research.The GDL also contributes to Federal Highway Administration's (FHWA's) Roadway Safety Data Program (RSDP) initiatives to advance State and local safety data systems and safety data analyses by supporting the use of Geographic Information Systems (GIS) for advancing the quantification of highway safety (e.g., through the integration of GIS with highway safety analysis tools); and supports the Safety Training and Analysis Center (STAC) in its mission to assist the research community and State departments of transportation (DOTs) in using data from the second Strategic Highway Research Program's (SHRP2) Naturalistic Driving Study (NDS) and Roadway Information Database (RID).Laboratory Description: GDL staff focuses on the following tasks.Research: Support IHSDM, Highway Safety Manual, and other highway safety-related research efforts.Software Development: Support the full life cycle of IHSDM software development, including developing functional specifications; performing verification and validation of the models that are core IHSDM components; providing recommendations to the IHSDM software developer on all facets of the software (e.g., the graphical user interface, output/reporting); preparing IHSDM documentation; performing alpha testing of IHSDM software; and coordinating the beta testing of IHSDM software by end users. The GDL also helps coordinate the interaction of key players in IHSDM software development, including research contractors, software developers, end users, and commercial computer-aided design (CAD)/roadway design software vendors.Technology Facilitation: Support technology facilitation for the IHSDM and HSM. The GDL provides the sole source of technical support to IHSDM users and provides technical support to HSM users. GDL markets IHSDM and HSM to decisionmakers and potential end users, and participates in developing and delivering IHSDM/HSM training.Laboratory Capabilities: The staff of the GDL includes professionals with expertise in transportation engineering and familiarity with software development, which allows the GDL to support IHSDM development in various ways and to assume a unique coordination role. The GDL's transportation engineering expertise supports the laboratory's function of reviewing and assisting the development of the engineering models included in IHSDM for evaluating the safety of roadway designs. By combining transportation engineering and software development expertise, the GDL has the unique ability to evaluate software from both the software developer and end-user perspective.Communications and engineering skills help GDL staff to understand the needs of the audience (e.g., design engineers), thereby supporting effective technical assistance to end users.IHSDM development is a long-term effort, involving many research contractors, software developers, and FHWA staff. In addition, FHWA seeks input from end users and user organizations to help ensure that IHSDM is responsive to user needs. The staff of the GDL helps coordinate the interaction of all those involved with IHSDM development.Staff at the GDL participates in HSM development and technology facilitation. In addition, the IHSDM Crash Prediction Module is a faithful implementation of HSM Part C (Predictive Method). Therefore, GDL staff is well equipped to support HSM-related activities.Laboratory Equipment: The GDL is equipped with computer hardware and software typically employed by users of IHSDM, including commercial CAD/roadway design software.Laboratory Services: The GDL supports the HSM through implementation of HSM methods in IHSDM software; by providing technical support to HSM users; by performing HSM-related technology facilitation; and by conducting HSM-related research.To develop and promote IHSDM, GDL staff provides or has provided the following services:For all IHSDM safety evaluation modules (Crash Prediction, Design Consistency, Intersection Review, Policy Review, Traffic Analysis and Driver/Vehicle), the GDL conducts software testing to verify, validate, and evaluate the IHSDM software system and develops and/or finalizes the software's functional specifications.Participates in development and delivery of IHSDM training.Provides the sole source of technical assistance to IHSDM users ( ihsdm.support@dot.gov; 202-493-3407).Supports coordination and integration of IHSDM with civil design software packages.Develops, reviews, maintains, and enhances documentation for IHSDM users.Conducts technical reviews and prepares review comments on contract research deliverables.Provides technical support in the development, production, and dissemination of IHSDM-related marketing materials.Provides technical content for the IHSDM Web site.The GDL also contributes to FHWA Roadway Safety Data Program (RSDP) initiatives to advance State and local safety data systems and safety data analyses by supporting the use of GIS for advancing the quantification of highway safety; e.g., through the integration of GIS with highway safety analysis tools (including extraction of data from GIS for input to safety analyses and representation of safety analysis results in the GIS environment). Such contributions support efforts by State and local agencies to:Extract roadway geometrics from GIS/GPS data.Develop GIS-based tools for collecting roadway inventory data.Process data gathered using instrumented vehicles (e.g., LiDAR).Leverage GIS/GPS data for populating safety databases and performing safety analyses (e.g., safety management - HSM Part B, and crash prediction - HSM Part C). The GDL supports the Safety Training and Analysis Center (STAC) in assisting the research community and State DOTs in using data from the SHRP2 Naturalistic Driving Study (NDS) and Roadway Information Database (RID); e.g., by assessing analytical possibilities associated with GIS data linkages to the RID.

According to Cognitive Market Research, the global GIS in Telecom Sector market size is USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 15.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.
Middle East and Africa hada market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.7% from 2024 to 2031.
Large enterprises dominate the GIS in telecom sector market as primary end-users. These companies possess extensive telecom infrastructure and resources, making them ideal candidates for comprehensive GIS solutions.

Market Dynamics of GIS in Telecom Sector Market

Key Drivers for GIS in Telecom Sector Market

Increasing Demand for Efficient Network Planning and Optimization Solutions to Increase the Demand Globally

One of the primary drivers of the GIS in the telecom sector market is the escalating need for efficient network planning and optimization solutions. As telecom operators strive to enhance their network coverage and capacity, GIS technology plays a crucial role in providing detailed spatial analysis and visualization. This enables telecom companies to plan and optimize their networks more accurately, reducing operational costs and improving service quality. The capability of GIS to integrate various data layers, such as demographic, topographic, and network performance data, allows for precise decision-making and strategic deployment of resources, thereby driving its adoption in the telecom sector.

Expansion of Telecom Infrastructure in Emerging Markets to Propel Market Growth

Another significant driver is the expansion of telecom infrastructure in emerging markets. As countries in regions such as Asia-Pacific, Latin America, and Africa experience rapid economic growth, there is a substantial increase in the deployment of telecom networks to meet the rising demand for connectivity. GIS technology is instrumental in these large-scale infrastructure projects, providing essential tools for site selection, route optimization, and infrastructure management. By enabling telecom companies to efficiently plan and deploy their networks in challenging and diverse geographical landscapes, GIS helps accelerate the rollout of telecom services, enhancing connectivity and fostering economic development in these regions.

Restraint Factor for the GIS in Telecom Sector Market

High Initial Investment and Implementation Costs t to Limit the Sales

A significant restraint in the GIS in telecom sector market is the high initial investment and implementation costs. Integrating GIS technology into telecom operations requires substantial financial resources, including the cost of sophisticated software, high-performance hardware, and specialized personnel. Additionally, the implementation process can be complex and time-consuming, often necessitating significant changes to existing workflows and systems. These factors can be particularly challenging for smaller telecom operators and those in emerging markets, potentially hindering the widespread adoption of GIS solutions despite their long-term benefits. This financial barrier remains a critical challenge for the market's growth.

Impact of Covid-19 on the GIS in Telecom Sector Market

The COVID-19 pandemic has had a profound impact on the GIS in telecom sector market, accelerating the adoption of digital solutions and reshaping operational strategies. With the surge in remote work, online education, and digital services, the demand for reliable and expansive telecom networks has skyrocketed. GIS technology has become indispensable for telecom companies in managing this increased demand, aiding in network optimization ...