TMCnet News
Research and Markets: Global GIS Market in the Telecommunication Industry 2014-2018DUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/jdpwf3/global_gis_market) has announced the addition of the "Global GIS Market in the Telecommunication Industry 2014-2018" report to their offering. The GIS market in the Telecommunication industry to grow at a CAGR of 10.89% over the period 2013-2018 A GIS is a system or a set of tools used to interpret business and geospatial data. It integrates hardware, software, and data for processing business and geographically referenced data. This system digitizes the received geospatial data and processes them to provide the desired output. GIS is used across various sectors, such as Natural Resources, Utilities, Federal Government, Communication and Telecom, Military/Law Enforcement, and Others, for various purposes such as disaster management, fining location details, viewing maps, marketing, designing facilities, and others. The advent of newer technologies is leading to several positive trends in the Global GIS market in the Telecommunication industry such as the increased usage of GIS in broadcasting and the increased adoption of GIS applications for mobile computing devices. According to the report, the increased need for real-time knowledge of the network structure is one of the main drivers in this market. Several players in the telecommunication industry primarily depend on GIS solutions for real-time knowledge of the network structure because it enhances the efficiency of network monitoring activities. Further, the report states that one of the major challenges in the market is the increase in the popularity of open-source software, which provides several similar features and functionalities to commercial GIS software. Key Vendors
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