Growth of GIS Market in the Utility Industry to Be Impacted by the Grid Modernization in Utilities | Technavio

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The report, GIS market in the utility industry 2019-2023, has been added to Technavio's catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on application (software, data, and services) and geography (APAC, North America, Europe, South America, and MEA) for the forecast period 2019-2023.

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Technavio has announced its latest market research report titled global GIS market in the utility industry 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global GIS market in the utility industry 2019-2023. (Graphic: Business Wire)

To learn more about the global trends impacting the future of market research: LINK 

The report on the GIS market in the utility industry includes:

GIS market in the utility industry analysis and forecast 2019-2023: Features

  • Competitive landscape
  • Market segmentation
    • Application
    • Geography
  • Market drivers
  • Market trends
  • Market challenges
  • Five forces analysis
  • Market landscape
  • Market sizing & forecast

GIS Market in the Utility Industry 2019-2023: Competitive landscape

  • Vendors covered
  • Vendor classification
    • Autodesk Inc.
    • BENTLEY SYSTEMS, INCORPORATED
    • Esri
    • HEXAGON
    • Pitney Bowes Inc.

GIS Market in the Utility Industry Landscape 2019-2023: Geographic Landscape

  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries

GIS Market in the Utility Industry Landscape 2019-2023: Application

  • Software - Market size and forecast 2018-2023
  • Data - Market size and forecast 2018-2023
  • Services - Market size and forecast 2018-2023

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Integration of GIS and building information modelling (BIM) will drive the GIS market in the utility industry

The integration of GIS in the BIM software enables organizations to standardize and organize 2D and 3D design data at the primary level. Manufacturers integrate BIM and GIS into 3D computer-aided design software for construction activities at the secondary level. Additionally, BIM data and workflows contain information regarding sensors and the placement of devices in IoT connected networks, which can help in better design and management.

Grid modernization in utilities using GIS – An emerging trend in the GIS market in the utility industry

GIS helps in building and modernizing grids and enhances the resiliency of the grid in the utility industry. It also enables virtualization of 2D and 3D data, real-world monitoring, and network functionality on any device such as desktops, web, and smartphones. The utility sector extensively relies on GIS as it provides better-informed decisions and functionality about managing grid data.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

Get Full Report: LINK 

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

MARKET TRENDS

  • Increased use of GIS for water management
  • Development of mapping systems
  • Grid modernization in utilities using GIS

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Business Wire: 00:00 GMT Thursday 10th October 2019

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