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GIS Market in the Utility Industry by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70345
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The GIS market in the utility industry share is expected to increase by USD 1.68 billion bn from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 16.16%.

This GIS market in the utility industry research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by application (software, data, and services) and geography (North America, Europe, APAC, MEA, and South America). The GIS market in the utility industry report also offers information on several market vendors, including AABSyS IT Pvt. Ltd., Autodesk Inc., Avineon Inc., Bentley Systems Inc., Environmental Systems Research Institute Inc., General Electric Co., Hexagon AB, Maxar Technologies Inc., Pitney Bowes Inc., and Schneider Electric SE among others.

What will the GIS Market In The Utility Industry Size be During the Forecast Period?

GIS Market Size

Download the Free Report Sample to Unlock the GIS Market in the Utility Industry Size for the Forecast Period and Other Important Statistics

 

GIS Market In The Utility Industry: Key Drivers, Trends, and Challenges

The increased adoption of GIS solutions in the utility industry is notably driving the GIS market in the utility industry growth, although factors such as threat from open-source GIS software may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the GIS market in the utility industry industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key GIS Market In The Utility Industry Driver

The key driver for GIS market is the integration between GIS and Building Information Modeling (BIM).The integration between GIS and Building Information Modeling (BIM) is one of the key factors driving the GIS market growth 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.For construction activities, manufacturers integrate BIM and GIS into 3D computer-aided design software at the secondary level. BIM helps in better design and management using the information regarding sensors and the placement of devices in the IoT-connected networks.

Key GIS Market In The Utility Industry Trend

The key trend for GIS market is the increased use of GIS for water management.GIS is widely used for water management and conservation for agricultural purposes. GIS aids in water resource assessment and management with simulation models for better decision-making using interactive analysis tools. GIS measures the water flow rate and turbidity for effective control over water resources and can monitor the water quality in terms of pH, oxygen, and bacteria content. The GIS solution mainly helps identify leakage and manage pressure.In 2018, Northern Ireland Water adopted ESRI s ArcGIS to deploy spatial solutions for a better decision-making process in water resource management. ArcGIS helped the company to edit asset and customer data and enable direct access for employees in operating their water resource management.

Key GIS Market In The Utility Industry Challenge

The key challenge to GIS market is the 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 such as China and India. 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. Large companies, as a part of cost reduction, prefer using open-source GIS software compared with commercial GIS software.Most of the companies in developing countries in APAC, which frequently change and update their software products, opt for open-source GIS software. Thus, the growing popularity of open-source software has an adverse effect on the net sales of the commercial GIS software and its pricing strategy. 

This GIS market in the utility industry analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes global GIS market in the utility industry as a part of the global information technology spending market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the GIS market in the utility industry during the forecast period.

Who are the Major GIS Market In The Utility Industry Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • AABSyS IT Pvt. Ltd.
  • Autodesk Inc.
  • Avineon Inc.
  • Bentley Systems Inc.
  • Environmental Systems Research Institute Inc.
  • General Electric Co.
  • Hexagon AB
  • Maxar Technologies Inc.
  • Pitney Bowes Inc.
  • Schneider Electric SE

 

This statistical study of the GIS market in the utility industry encompasses successful business strategies deployed by the key vendors. The GIS market in the utility industry is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The GIS market in the utility industry forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

GIS Market In The Utility Industry Value Chain Analysis

Our report provides extensive information on the value chain analysis for the GIS market in the utility industry, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

The value chain of global information technology spending market  includes the following core components:

  • Inputs
  • Inbound loGIStics
  • Operations
  • Outbound loGIStics
  • Marketing and sales
  • Service
  • Support activities
  • Innovation

The report has further elucidated on other innovative approaches being followed by service providers to ensure a sustainable market presence.

 

Which are the Key Regions for GIS Market In The Utility Industry?

GIS Market Market segmentation by region

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36% of the market's growth will originate from North America during the forecast period. US ans Canada are the key markets for market in North America. Market growth in this region will be slower than the growth of the market in regions.

The strong presence of several companies and the adoption of GIS solutions in government and privately-owned utility departments are the prime factors that will facilitate the market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the GIS Market In The Utility Industry?

GIS Market Segmentation

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The software segment is expected to witness significant growth during the forecast period owing to the rising demand for GIS software from the wastewater recycling sector in developing economies. The growth of this segment is fueled by various advantages associated with GIS software, which include real-time global geographic visibility, intelligent linking and mapping, and sophisticated sourcing across the cloud-based and on-premise channels.

This report provides an accurate prediction of the contribution of all the segments to the growth of the GIS market in the utility industry size and actionable market insights on post COVID-19 impact on each segment.

 

GIS Market In The Utility Industry Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16.16%

Market growth 2021-2025

$ 1.68 billion billion

Market structure

Fragmented

YoY growth (%)

14.23

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 36%

Key consumer countries

US, China, Canada, Russian Federation, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AABSyS IT Pvt. Ltd., Autodesk Inc., Avineon Inc., Bentley Systems Inc., Environmental Systems Research Institute Inc., General Electric Co., Hexagon AB, Maxar Technologies Inc., Pitney Bowes Inc., and Schneider Electric SE

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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What are the Key Data Covered in this GIS Market In The Utility Industry Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive GIS market in the utility industry growth during the next five years
  • Precise estimation of the GIS market in the utility industry size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the GIS market in the utility industry across North America, Europe, APAC, MEA, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of GIS market in the utility industry vendors

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1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • 2.2 Market characteristics
      • Exhibit 01: Parent market
    • 2.3 Value chain analysis

      3 Market Sizing

      • 3.1 Market definition
        • 3.2 Market segment analysis
          • Exhibit 03: Offerings of vendors included in the market definition
        • 3.3 Market size 2020
          • Exhibit 04: Market segments
        • 3.4 Market outlook: Forecast for 2020 - 2025

          4 Five Forces Analysis

          • 4.1 Five forces summary
            • 4.2 Bargaining power of buyers
              • 4.3 Bargaining power of suppliers
                • Exhibit 07: Five forces analysis 2020 & 2025
              • 4.4 Threat of new entrants
                • Exhibit 08: Bargaining power of buyers
              • 4.5 Threat of substitutes
                • Exhibit 09: Bargaining power of suppliers
              • 4.6 Threat of rivalry
                • Exhibit 10: Threat of new entrants
                • Exhibit 11: Threat of substitutes
              • 4.7 Market condition

                5 Market Segmentation by Application

                • 5.1 Market segments
                  • 5.2 Comparison by Application
                    • Exhibit 14: Application - Market share 2020-2025 (%)
                  • 5.3 Software - Market size and forecast 2020-2025
                    • Exhibit 15: Comparison by Application
                  • 5.4 Data - Market size and forecast 2020-2025
                    • Exhibit 16: Software - Market size and forecast 2020-2025 ($ million)
                    • Exhibit 17: Software - Year-over-year growth 2020-2025 (%)
                  • 5.5 Services - Market size and forecast 2020-2025
                    • Exhibit 18: Data - Market size and forecast 2020-2025 ($ million)
                    • Exhibit 19: Data - Year-over-year growth 2020-2025 (%)
                  • 5.6 Market opportunity by Application
                    • Exhibit 20: Services - Market size and forecast 2020-2025 ($ million)

                  6 Customer landscape

                  7 Geographic Landscape

                  • 7.1 Geographic segmentation
                    • 7.2 Geographic comparison
                      • Exhibit 24: Market share by geography 2020-2025 (%)
                    • 7.3 North America - Market size and forecast 2020-2025
                      • Exhibit 25: Geographic comparison
                    • 7.4 Europe - Market size and forecast 2020-2025
                      • Exhibit 26: North America - Market size and forecast 2020-2025 ($ million)
                      • Exhibit 27: North America - Year-over-year growth 2020-2025 (%)
                      • Exhibit 28: Europe - Market size and forecast 2020-2025 ($ million)
                    • 7.5 APAC - Market size and forecast 2020-2025
                      • Exhibit 29: Europe - Year-over-year growth 2020-2025 (%)
                      • Exhibit 30: APAC - Market size and forecast 2020-2025 ($ million)
                    • 7.6 MEA - Market size and forecast 2020-2025
                      • Exhibit 31: APAC - Year-over-year growth 2020-2025 (%)
                    • 7.7 South America - Market size and forecast 2020-2025
                      • Exhibit 32: MEA - Market size and forecast 2020-2025 ($ million)
                      • Exhibit 33: MEA - Year-over-year growth 2020-2025 (%)
                    • 7.8 Key leading countries
                      • Exhibit 34: South America - Market size and forecast 2020-2025 ($ million)
                    • 7.9 Market opportunity by geography
                      • Exhibit 35: South America - Year-over-year growth 2020-2025 (%)
                      • Exhibit 36: Key leading countries

                    8 Drivers, Challenges, and Trends

                    • 8.1 Market drivers – Demand led growth
                      • 8.2 Market challenges
                        • 8.3 Market trends
                          • Exhibit 38: Impact of drivers and challenges

                        9 Vendor Landscape

                        • 9.1 Competitive scenario
                          • 9.2 Overview
                            • 9.3 Landscape disruption
                              • 9.4 Industry risks
                                • Exhibit 39: Vendor landscape

                              10 Vendor Analysis

                              • 10.1 Vendors covered
                                • 10.2 Market positioning of vendors
                                  • Exhibit 42: Vendors covered
                                • 10.3 AABSyS IT Pvt. Ltd.
                                  • Exhibit 43: Market positioning of vendors
                                • 10.4 Autodesk Inc.
                                  • 10.5 Avineon Inc.
                                    • Exhibit 48: Autodesk Inc. - Overview
                                    • Exhibit 49: Autodesk Inc. - Business segments
                                    • Exhibit 50: Autodesk Inc. - Key news
                                    • Exhibit 51: Autodesk Inc. - Key offerings
                                  • 10.6 Bentley Systems Inc.
                                    • Exhibit 52: Avineon Inc. - Overview
                                    • Exhibit 53: Avineon Inc. - Product and service
                                    • Exhibit 54: Avineon Inc. - Key news
                                    • Exhibit 55: Avineon Inc. - Key offerings
                                  • 10.7 Environmental Systems Research Institute Inc.
                                    • Exhibit 56: Bentley Systems Inc. - Overview
                                    • Exhibit 57: Bentley Systems Inc. - Product and service
                                    • Exhibit 58: Bentley Systems Inc.- Key news
                                    • Exhibit 59: Bentley Systems Inc. - Key offerings
                                  • 10.8 General Electric Co.
                                    • Exhibit 60: Environmental Systems Research Institute Inc. - Overview
                                    • Exhibit 61: Environmental Systems Research Institute Inc. - Product and service
                                    • Exhibit 62: Environmental Systems Research Institute Inc. - Key offerings
                                    • Exhibit 63: General Electric Co. - Overview
                                    • Exhibit 64: General Electric Co. - Business segments
                                  • 10.9 Hexagon AB
                                    • Exhibit 65: General Electric Co.- Key news
                                    • Exhibit 66: General Electric Co. - Key offerings
                                    • Exhibit 67: General Electric Co. - Segment focus
                                  • 10.10 Maxar Technologies Inc.
                                    • Exhibit 68: Hexagon AB - Overview
                                    • Exhibit 69: Hexagon AB - Business segments
                                    • Exhibit 70: Hexagon AB.- Key news
                                    • Exhibit 71: Hexagon AB - Key offerings
                                    • Exhibit 72: Hexagon AB - Segment focus
                                  • 10.11 Pitney Bowes Inc.
                                    • Exhibit 73: Maxar Technologies Inc. - Overview
                                    • Exhibit 74: Maxar Technologies Inc. - Business segments
                                    • Exhibit 75: Maxar Technologies Inc. - Key offerings
                                    • Exhibit 76: Maxar Technologies Inc. - Key news
                                    • Exhibit 77: Maxar Technologies Inc. - Segment focus
                                  • 10.12 Schneider Electric SE
                                    • Exhibit 78: Pitney Bowes Inc. - Overview
                                    • Exhibit 79: Pitney Bowes Inc. - Business segments
                                    • Exhibit 80: Pitney Bowes Inc.- Key news
                                    • Exhibit 81: Pitney Bowes Inc. - Key offerings
                                    • Exhibit 82: Pitney Bowes Inc. - Segment focus

                                  11 Appendix

                                  • 11.1 Scope of the report
                                    • 11.2 Currency conversion rates for US$
                                      • 11.3 Research methodology
                                        • Exhibit 88: Currency conversion rates for US$
                                        • Exhibit 89: Research Methodology
                                      • 11.4 List of abbreviations
                                        • Exhibit 90: Validation techniques employed for market sizing
                                        • Exhibit 91: Information sources
                                        • Exhibit 92: List of abbreviations

                                      Research Framework

                                      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                                      TechnavioINFORMATION SOURCES

                                      Primary sources

                                      • Manufacturers and suppliers
                                      • Channel partners
                                      • Industry experts
                                      • Strategic decision makers

                                      Secondary sources

                                      • Industry journals and periodicals
                                      • Government data
                                      • Financial reports of key industry players
                                      • Historical data
                                      • Press releases
                                      Technavio

                                      TechnavioDATA ANALYSIS

                                      Data Synthesis

                                      • Collation of data
                                      • Estimation of key figures
                                      • Analysis of derived insights

                                      Data Validation

                                      • Triangulation with data models
                                      • Reference against proprietary databases
                                      • Corroboration with industry experts
                                      Technavio

                                      TechnavioREPORT WRITING

                                      Qualitative

                                      • Market drivers
                                      • Market challenges
                                      • Market trends
                                      • Five forces analysis

                                      Quantitative

                                      • Market size and forecast
                                      • Market segmentation
                                      • Geographical insights
                                      • Competitive landscape
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                                      GIS Market in the Utility Industry market growth will increase by $1.68 bn during 2021-2025.
                                      The gis market in the utility industry market is expected to grow at a CAGR of 16.16% during 2021-2025.
                                      Technavio has segmented the gis market in the utility industry market by application (Software, Data, and Services) ,geography (North America, Europe, APAC, MEA, and South America) , and geographic (North America, Europe, APAC, MEA, and South America).
                                      AABSyS IT Pvt. Ltd., Autodesk Inc., Avineon Inc., Bentley Systems Inc., Environmental Systems Research Institute Inc., General Electric Co., Hexagon AB, Maxar Technologies Inc., Pitney Bowes Inc., Schneider Electric SE are a few of the key vendors in the gis market in the utility industry market.
                                      North America will register the highest growth rate of 36% among the other regions. Therefore, the gis market in the utility industry market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
                                      • US
                                      • China
                                      • Canada
                                      • Russian Federation
                                      • Germany
                                      The key factors driving the gis market in the utility industry market growth are:
                                      • increased adoption of GIS solutions in the utility industry
                                      • Increased use of GIS for water management
                                      The gis market in the utility industry market vendors should focus on grabbing business opportunities from the software segment as it accounted for the largest market share in the base year.
                                      • What are the key global market and the regional market share?
                                      • What are the revenue-generating key market segments?
                                      • What are the key factors driving and challenging this market’s growth?
                                      • Who are the key market vendors and their growth strategies?
                                      • What are the latest trends influencing the growth of this market?
                                      • What are the variables influencing the market growth in the primary regions?
                                      • What are the factors influencing the growth of the parent market?
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                                      • Detailed vendors report with competitive landscape
                                      • Covid-19 impact and recovery analysis
                                      • Data on revenue-generating market segments
                                      • Details on the market shares of various regions
                                      • Five-force market analysis

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