Dublin, Oct. 23, 2013 (GLOBE NEWSWIRE) -- Research and Markets
(http://www.researchandmarkets.com/research/t5z4vr/global_gis_market)
has announced the addition of the
"Global GIS Market in the Telecommunication Industry 2012-2016"
report to their offering.
One of the key factors contributing to this market growth is the
increasing use of GIS in capacity planning. The Global GIS market
in the Telecommunication industry has also been witnessing the
development of integrated GIS systems. However, the availability of
low-cost GIS equipment could pose a challenge to the growth of this
market.
The key vendors dominating this market space include Autodesk
Inc., Bentley Systems Inc., Esri Inc., Digital Globe Inc., GE
Energy, Hexagon AB, MacDonald, Dettwiler, and Associates Ltd., and
Ordnance Survey.
Commenting on the report, an analyst from the Enterprise Computing
team said: The Global GIS market in the
Telecommunication industry vendors are providing customized GIS
applications to meet specific industry requirements. Companies
prefer customized GIS solutions that suit their requirements as
this can help them remain competitive in the market. Moreover,
vendors are developing application-specific GIS solutions, which
are in high demand among customers as they are more cost-effective
than general purpose GIS solutions.
According to the report, the Global GIS market is driven by several
factors, one of which is the growing use of GIS in capacity
planning. Using GIS solution, users can devise logical
communication network structure based on the future communication
demand, as it provides critical information on market segmentation
and consumer usage pattern.
Further, the report states that one of the major challenges in the
market is the availability of low-cost GIS equipment. The
availability of low-cost GIS equipment vendors has forced
international and commercial GIS vendors to reduce the price of
their products to remain competitive. This has led to price war
among competitors in the market.
For more information visit
http://www.researchandmarkets.com/research/t5z4vr/global_gis_market
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