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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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Dataset Card for Invoices (Sparrow)

This dataset contains 500 invoice documents annotated and processed to be ready for Donut ML model fine-tuning. Annotation and data preparation task was done by Katana ML team. Sparrow - open-source data extraction solution by Katana ML. Original dataset info: Kozłowski, Marek; Weichbroth, Paweł (2021), “Samples of electronic invoices”, Mendeley Data, V2, doi: 10.17632/tnj49gpmtz.2

The number of Youtube users in India was forecast to continuously increase between 2024 and 2029 by in total 222.2 million users (+34.88 percent). After the ninth consecutive increasing year, the Youtube user base is estimated to reach 859.26 million users and therefore a new peak in 2029. Notably, the number of Youtube users of was continuously increasing over the past years.User figures, shown here regarding the platform youtube, have been estimated by taking into account company filings or press material, secondary research, app downloads and traffic data. They refer to the average monthly active users over the period.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of Youtube users in countries like Sri Lanka and Nepal.

Which county has the most Facebook users? There are more than 378 million Facebook users in India alone, making it the leading country in terms of Facebook audience size. To put this into context, if India’s Facebook audience were a country then it would be ranked third in terms of largest population worldwide. Apart from India, there are several other markets with more than 100 million Facebook users each: The United States, Indonesia, and Brazil with 193.8 million, 119.05 million, and 112.55 million Facebook users respectively. Facebook – the most used social media Meta, the company that was previously called Facebook, owns four of the most popular social media platforms worldwide, WhatsApp, Facebook Messenger, Facebook, and Instagram. As of the third quarter of 2021, there were around 3,5 billion cumulative monthly users of the company’s products worldwide. With around 2.9 billion monthly active users, Facebook is the most popular social media worldwide. With an audience of this scale, it is no surprise that the vast majority of Facebook’s revenue is generated through advertising. Facebook usage by device As of July 2021, it was found that 98.5 percent of active users accessed their Facebook account from mobile devices. In fact, almost 81.8 percent of Facebook audiences worldwide access the platform only via mobile phone. Facebook is not only available through mobile browser as the company has published several mobile apps for users to access their products and services. As of the third quarter 2021, the four core Meta products were leading the ranking of most downloaded mobile apps worldwide, with WhatsApp amassing approximately six billion downloads.

In 2021, WhatsApp's user base in India amounts to approximately 493.31 million users. The number of WhatsApp users in India is projected to reach 795.67 million users by 2025. User figures have been estimated by taking into account company filings or press material, secondary research, app downloads and traffic data. They refer to the average monthly active users over the period.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).

The number of Facebook users in India was forecast to continuously increase between 2024 and 2028 by in total 59.2 million users (+8.7 percent). After the ninth consecutive increasing year, the Facebook user base is estimated to reach 739.66 million users and therefore a new peak in 2028. Notably, the number of Facebook users of was continuously increasing over the past years.User figures, shown here regarding the platform facebook, have been estimated by taking into account company filings or press material, secondary research, app downloads and traffic data. They refer to the average monthly active users over the period and count multiple accounts by persons only once.The shown data are an excerpt of Statista's Key Market Indicators (KMI). The KMI are a collection of primary and secondary indicators on the macro-economic, demographic and technological environment in up to 150 countries and regions worldwide. All indicators are sourced from international and national statistical offices, trade associations and the trade press and they are processed to generate comparable data sets (see supplementary notes under details for more information).Find more key insights for the number of Facebook users in countries like Nepal and Pakistan.

One of India’s leading telecommunication network companies, Bharti Airtel Limited reported a revenue of over 1.5 trillion Indian rupees in fiscal year 2024. This was an increase of about eight percent in revenue compared to the previous fiscal year. The rise of Airtel in India Lead by Sunil Mittal and set up in 1995 as Bharti Cellular Limited, the company offered services under the Airtel brand. It became the first telecom company in India to reach two million subscribers, bringing down STD and ISD rates under the IndiaOne brand. After many joint ventures and acquisitions through the decades, the company was a leading telecom network with services in 18 countries with more than 335 million subscribers as of 2023. In India, the company has diversified to offer mobile data services, digital television, software and cloud products, and Android-based tablets to the fastest growing mobile phone market. Airtel - the household brand Collaborating with Grammy Award winner A.R. Rahman, arguably India’s most well-known musician, nicknamed Isai Puyal (music storm in Tamil), Airtel’s signature tune, its first jingle was a common earworm among Indians. With over 150 million downloads, it became one of the world’s most popular downloaded music tracks. As part of rebranding in 2010, the tune was revamped. In addition to successful collaborations with powerful celebrities including Shah Rukh Khan, Sachin Tendulkar and power couple Saif Ali Khan and Kareena Kapoor Khan, Airtel’s marketing strategies has resulted in effective advertising over the years making it one of the most trusted brands in the country.