DUBLIN, May 10, 2018 /PRNewswire/ -- The "Global GIS Market In Telecom Sector 2018-2022" report has been added to ResearchAndMarkets.com's offering.

A geographic information system (GIS) is an integrated system of software, services, and geographic data. It is designed to capture, analyze, store, manipulate, and present geographic or spatial data.

The analysts forecast the global GIS market in telecom sector to grow at a CAGR of 11.21% during the period 2018-2022.

Global GIS Market In Telecom Sector 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one driver in the market is growth of enterprise GIS. With continuous digitization and increasing internet penetration across the globe, telecom companies are adopting the GIS market analysis to offer a wide range of services for increasing their customer reach.

One trend in the market is use of GIS and big data. The growing use of GIS data coupled with big data analytics is gaining traction in the market. Various end-user segments are using GIS tools for Hadoop by Esri, a GIS provider to study the impact of driver carpooling as it aids in visualization and the analysis of maps.

Further, the report states that one challenge in the market is open-source GIS software increasing market competition. The inflated cost of GIS software has led to the increased demand for open-source GIS software, especially in emerging countries such as China and India.

Key vendors

Autodesk
Esri
Hexagon
Maxar Technologies
Pitney Bowes

For more information about this report visit https://www.researchandmarkets.com/research/7r4rnt/global_gis_market?w=5

SOURCE Research and Markets