PUBLISHER: TechNavio | PRODUCT CODE: 1915671
PUBLISHER: TechNavio | PRODUCT CODE: 1915671
The gis in utility industry market in us is forecasted to grow by USD 593.0 mn during 2024-2029, accelerating at a CAGR of 18.2% during the forecast period. The report on the gis in utility industry market in us 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 imperative for modernizing aging infrastructure and enhancing grid resilience, proliferation of distributed energy resources and advancement of smart grid technologies, intensifying regulatory scrutiny and supportive government policies for digitalization.
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2029 |
| Series Year | 2025-2029 |
| Growth Momentum | Accelerate |
| YOY 2025 | 15.6% |
| CAGR | 18.2% |
| Incremental Value | $593.0 mn |
Technavio's gis in utility industry market in us is segmented as below:
By Product
By Deployment
By Product Type
By Type
Geography
This study identifies the integration of AI and ML for predictive analytics as one of the prime reasons driving the gis in utility industry market in us growth during the next few years. Also, adoption of cloud platforms and digital twins for asset management and emphasis on geospatial data for grid modernization and der integration will lead to sizable demand in the market.
The report on the gis in utility industry market in us covers the following areas:
The 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 in utility industry market in us vendors that include Autodesk Inc., Avineon Inc., Bentley Systems Inc., Blue Marble Geographics, Caliper Corp., Eagle View Technologies Inc., Esri Global Inc., General Electric Co., GeoSpatial Innovations Inc., Hexagon AB, Intermap Technologies Corp., IQGeo Group plc, Mapbox Inc., Maxar Technologies Inc., NV5 Global Inc., Precisely, Satellogic SA, Schneider Electric SE, Trimble Inc., VertiGIS Ltd.. Also, the gis in utility industry market in us 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 publisher presents a detailed picture of the market by the 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 primary and secondary research. 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.