According to a recent report, GIS in the telecom market had revenue of $1,564.6 million in 2021, which will increase to $4,482.8 million by 2030, increasing by 12% over the reporting period. This is attributed to high demand for network installations and the increasing acceptance of GIS to aid in deploying broadband and mobile services.
North America holds the largest GIS in telecom market share, credited to the speedy development of 5G networks. For example, Verizon Communications, Inc. is directing field experiments with its partners related to its 5G wireless network.