Global Communication Test And Measurement Market is Expected to Foresee Significant Growth During the Forecast Period. North America to Witness the Highest Growth
The Global Communication Test And Measurement Market is expected to grow significantly by 2028 expanding at a reasonable CAGR of around 8% during the forecast period (2022-2028F). The growing adoption of the communication tests and measurement market can be attributed to the growing internet traffic and increasing demand for reliable internet connectivity across the globe. For instance, according to the world bank as of 2022, there are more than 4.9 billion internet users around the globe. Furthermore, the rising development of new innovative technologies, such as IoT and Artificial Intelligence (AI), is enabling the need for faster internet communication standards.
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Based on solution, the market is segmented into wireless test solutions and wireline test solutions. The wireless test solutions are expected to achieve a significant CAGR during the forecast period, owing to their various functionalities such as, wireless test solutions help companies to reduce debugging time and maintenance while increasing test performance across the board, also wireless tests help companies to run much denser and target-oriented tests.
Based on service, the market is segmented into product support service, professional service, and managed service. Professional services are expected to gain significant prominence during the forecast period. Professional services offer various benefits such as consulting and deployment, furthermore, the professional services help organizations in advanced troubleshooting problems that are too difficult for the in-house team, the professional team can step in to help.
Based on the type, the market is segmented into enterprise tests, field network tests, and lab and manufacturing tests. The field network test is expected to achieve a significant CAGR during the forecast period. Field testing ensures that the process works correctly on live networks and is suitable for the selected network infrastructure.
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Based on end-users, the market is segmented into network equipment manufacturers, mobile device manufacturers, and telecommunication service providers. The mobile device manufacturing segment is expected to rise significantly during the forecast period. The communications test and measurement help to ensure the performance of mobile devices such as cell phones, PDAs, and tablet computers. Testing is performed on both mobile device hardware and software. Various types of mobile device testing include R&D testing, manufacturing testing, and certification testing.
For a better understanding of the market adoption of laser marking, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and the Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, India, Australia, Japan, and Rest of APAC), Rest of World has been conducted. North America held a prominent share of the global communication test and measurement market in 2020 and is expected to showcase a prominent growth rate during the forecast period. This can be attributed to the growing demand for IoT devices and an increasing number of internet users in the region. According to the world bank, more than 89% of the US population is on the internet. Other reasons for the growth of fixed LTE in the region are higher individual income, greater internet literacy, and early adoption of new technologies.
Anritsu Corporation, Empirix Inc, EXFO Inc, Fortive, Keysight Technologies, Rohde & Schwarz India Pvt Ltd, Spirent Communications plc, VeEX Inc, Viavi Solutions, Yokogawa Electric Corporation are some of the key players operating in the global communication test and measurement market. Several M&As along with partnerships have been undertaken by these players to develop various types of communication test and measurement solutions.
Global Communication Test And Measurement Market Segmentation
Market Insight, by Solution
- Wireless test solution
- Wirline test solution
Market Insight, by Service
- Product support service
- Professional service
- Managed service
Market Insight, by Type
- Enterprise tests
- Field network tests
- Lab and Manufacturing tests
Market Insight, by End-users
- Network equipment manufacturers
- Mobile device manufacturers
- Telecommunication service providers
Market Insight, by Region
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Anritsu Corporation
- Empirix Inc
- EXFO Inc
- Keysight Technologies
- Rohde & Schwarz India Pvt Ltd
- Spirent Communications plc
- VeEX Inc
- Viavi Solutions
- Yokogawa Electric Corporation