GIS in Telecom Market Size

GIS in Telecom Market Future Prospects

The global GIS in telecom market stands at 2,164.8 million in 2024 and it is expected to reach 4,516.6 million by 2030, registering a CAGR of 13.2% during the forecast period. This can be mainly attributed to the growth in the telecom industry across the world, primarily driven by the rising internet penetration and the emergence of new communication technologies, such as 5G. Moreover, GIS is widely used in the decision support for the planning of capital. Effective capacity planning uses data that describes the existing plant and provides network performance information from operations support systems (OSS). Hence, GIS plays a key role in effective capacity planning.

5G network planning demands a higher level of accuracy with respect to the selection of the location for network installation. GIS addresses this issue by offering a detailed analysis of the location to telecom companies. Moreover, due to the rising investments in the 5G technology by various governments across the world, the demand for GIS solutions is expected to increase among telecom companies in the coming years. With the rise in the adoption of the 5G technology, the demand for GIS solutions among telecom companies is expected to increase during the forecast period.