Global GIS Market in the Utility Industry Market 2024-2028

GIS Market In The Utility Industry 2024-2028
The GIS market in the utility industry is forecasted to grow by USD 2307.44 mn during 2023-2028, accelerating at a CAGR of 16.04% during the forecast period. The report on the GIS market in the utility industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased adoption of GIS solutions in the utility industry, integration between GIS and building information modeling (bim), and integration of ar with GIS.

Technavio's GIS market in the utility industry is segmented as below:

By ProductSoftwareDataServicesBy DeploymentOn-premisesCloudBy GeographyNorth AmericaEuropeAPACMiddle East and AfricaSouth AmericaThis study identifies the increased use of GIS for water management as one of the prime reasons driving the GIS market in the utility industry growth during the next few years. Also, the development of mapping systems and grid modernization in utilities using GIS will lead to sizable demand in the market.

The report on the GIS market in the utility industry covers the following areas:GIS market in the utility industry sizingGIS market in the utility industry forecastGIS market in the utility industry industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading GIS market in the utility industry vendors that include 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., 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., and Hexagon AB. Also, the GIS market in the utility industry analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.