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Global GIS Market in the Utility Industry 2019-2023

Global GIS Market in the Utility Industry 2019-2023

About this market

AR plays a vital role in visualizing location data and extracting digital information using smartphones. The integration of an AR application with GIS helps in visualizing data of roads and footpaths associated with the vast network of water, electricity, and gas lines. The AR systems integrated with GIS can provide accuracy and stability by converting the traditional GIS data into AR displays based on physical views. AR uses an interface to visualize and can be easily installed on mobile platforms for delivering GIS data. Technavio’s analysts have predicted that the GIS market in the utility industry will register a CAGR of over 12% by 2023.

Market Overview

Increased adoption of GIS solutions in utility industry

The adoption of GIS in the utility industry is increasing, as it allows the industry to access the geospatial data and applications. GIS provides a better understanding and enables efficient utility operations. The GIS solution enables the utility industry to create maps, organize and integrate location data of all points, visualize the scenarios, and extract and analyze actionable insights.

Threat from open-source GIS software

The high cost of GIS software has led to an increased demand for open-source GIS software in the market, especially in emerging countries. These countries consist of many SMEs, which require GIS services. The SMEs do not have enough capital to invest in GIS technology, hence, they prefer open-source GIS software.

For the detailed list of factors that will drive and challenge the growth of the GIS market in the utility industry during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fairly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s

competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global GIS Market in the Utility Industry 2019-2023

Technavio recognizes the following companies as the key players in the global GIS market in the utility industry: Autodesk Inc., BENTLEY SYSTEMS, INCORPORATED, Esri, HEXAGON, Pitney Bowes Inc..

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the increased use of GIS for water mangement.”

According to the report, one of the major drivers for this market is the integration of AR in GIS.

Further, the report states that one of the major factors hindering the growth of this market is the lack of planning leads to implementation failure of GIS solutions.

Companies Mentioned

Autodesk Inc.
BENTLEY SYSTEMS, INCORPORATED
Esri
HEXAGON
Pitney Bowes Inc.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) spending market
      • Table Segments of global information technology (IT) spending market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Software - Market size and forecast 2018-2023
      • Table Software - Market size and forecast 2018-2023 ($ millions)
      • Table Software - Year-over-year growth 2019-2023 (%)
    • Data - Market size and forecast 2018-2023
      • Table Data - Market size and forecast 2018-2023 ($ millions)
      • Table Data - Year-over-year growth 2019-2023 (%)
    • Services - Market size and forecast 2018-2023
      • Table Services - Market size and forecast 2018-2023 ($ millions)
      • Table Services - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Autodesk Inc.
      • Table Autodesk Inc. - Vendor overview
      • Table Autodesk Inc. - Business segments
      • Table Autodesk Inc. - Organizational developments
      • Table Autodesk Inc. - Geographic focus
      • Table Autodesk Inc. - Segment focus
      • Table Autodesk Inc. - Key offerings
    • BENTLEY SYSTEMS, INCORPORATED
      • Table BENTLEY SYSTEMS, INCORPORATED - Vendor overview
      • Table BENTLEY SYSTEMS, INCORPORATED - Organizational developments
      • Table BENTLEY SYSTEMS, INCORPORATED - Key offerings
    • Esri
      • Table Esri - Vendor overview
      • Table Esri - Organizational developments
      • Table Esri - Key offerings
    • HEXAGON
      • Table HEXAGON - Vendor overview
      • Table HEXAGON - Business segments
      • Table HEXAGON - Organizational developments
      • Table HEXAGON - Geographic focus
      • Table HEXAGON - Segment focus
      • Table HEXAGON - Key offerings
    • Pitney Bowes Inc.
      • Table Pitney Bowes Inc. - Vendor overview
      • Table Pitney Bowes Inc. - Business segments
      • Table Pitney Bowes Inc. - Organizational developments
      • Table Pitney Bowes Inc. - Geographic focus
      • Table Pitney Bowes Inc. - Segment focus
      • Table Pitney Bowes Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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