WiseGuyReports.com adds “Communication Test and Measurement Global Market 2016 to 2020” to its research database.
This market study report presents a detailed segmentation of the global communication test and measurement market by geography (the Americas, APAC, and EMEA). The key vendors identified in the market are Anritsu, EXFO, National Instruments, Rohde & Schwarz, Spirent Communications, and Viavi Solutions.
Outlook of the communication test and measurement market
Extensive market research carried out by analysts at Technavio has shown that the global communication test and measurement market will grow at an impressive CAGR of more than 9% until the end of 2020. The increasing adoption of smart devices is one of the key factors driving the growth of this market. The recent technological advancements have resulted in the emergence of many smart devices with advanced features. Consumers around the world are increasingly using smartwatches and other small gadgets with advanced features like voice calling, video calling, and data transfer. Moreover, the integration requirement of different technologies like voice, video, and data transfer services on a smart device have made network carriers adopt wireless testing equipment as they provide hassle-free and high-quality products and services. Thus, the increasing adoption of smart devices and the growing focus on the integration of several features on a device is expected to drive the market for communication test and measurement over the forecast period.
Factors such as the augmented demand for automated test equipment especially fiber optic equipment is anticipated to bolster the growth of the communication test and measurement market until the end of 2020. Automated test equipment can perform multifunctional operations simultaneously that reduces operational costs and time. Therefore, the end-users prefer automated testing equipment over conventional standalone equipment, thereby spurring the market for communication test and measurement over the forecast period.
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Geographical segmentation and analysis of the communication test and measurement market
During 2015, the Americas dominated the market and accounted for more than 41% of the market share. Due to increased penetration of smart devices, growing mobile data traffic, and availability of fast Internet connections, this market is expected to have a positive outlook in the region. Consumers use smart devices to stream videos and other multimedia content which makes performance testing of these devices imperative before they are introduced in the market. Therefore, the integration of advanced features in test equipment and augmented demand for measurement equipment from the consumer electronics sector will continue to drive the market in the Americas.
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Competitive landscape and key vendors
The global communication test and measurement market is fragmented due to the presence of many international, regional, and local players in the market. The competition in the market is expected to intensify with the increase in technological innovations as well as mergers and acquisitions.
The key leading vendors identified in the market are -
- National Instruments
- Rohde & Schwarz
- Spirent Communications
- Viavi Solutions
Other prominent vendors analyzed in this market research are Altera (Intel), Cobham AvComm, Fastech Telecommunications, Fluke Networks, Ixia, Keysight Technologies, octoScope, Tektronix (NetScout), and Yokogawa Electric.
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