Communication Test Equipment Market
Communication Test Equipment Market By Communication System (Wired Equipment Test System, Wireless Equipment Test System, Bluetooth Test System, Wi-Fi Test System, RF Test System), By Test Type, By End- Use Industry, By Region - Global Market Insights 2019 to 2029
Communication Test Equipment Market to Experience Exponential Growth, With Launch of Next Generation Networks (NGNs)
Communication test equipment products are the integrated services and testing equipment that help Communication Service Providers (CSPs) to ensure QoS network services offered.
telecom industry is undergoing revolutionary change with introduction of IMS core system using SIP protocols, importance of packet transmission and reception with accuracy and low latency rate has increased over the last few years.
Communication testing equipment has a diverse product portfolio that is used by system integrators & enterprises, mobile device manufacturers and equipment manufacturers.
This equipment is used to monitor RF strength with the associated bandwidth allocated to a service provider in different circles.
Mounting demand for data is the major driving force behind higher internet usage and better QoS. This has enabled service providers to ensure high signal strength.
Communication test equipment helps in analyzing signal quality and strength in service area covered under TSPs to provide internet with high-speed along with lower call drop rate.
With the introduction of NGNs and IoT applications like connected cars, traffic intelligence systems and smart cities, market for communication test equipment is expected to grow at a steady CAGR of 4.5% from 2020-2029.
Wireless communication test equipment is forecast to grow 2.8X during the forecast period. Furthermore, this equipment is more cost-effective for service providers as they lower their operating expenses.
China and India, with world’s highest mobile subscribers and high data usage across globe are poised to present lucrative opportunities.
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Cloud Computing on an Upward Growth Trajectory in Communication Test Equipment Market
Cloud computing is projected to grow its value by 2.5X times from 2019 to 2029. With better quality and cost benefits, companies and institutions are adopting cloud based service models instead of on premise models.
Cloud service benefits such as pay as you go, auto scalability, auto provisioning and many more has enabled industries to adapt to cloud computing models.
In addition, public and private cloud deployment model provides better security to the data of an organization.
As cloud services are set to gain aggressive growth in the coming years, QoS for any telecommunication service provider becomes of paramount importance to access this cloud platform.
Thus, communication test equipment market will experience increasing demand form service providers to ensure their service quality and to avoid black hole areas under their enterprise network.
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Asia Pacific to Account for Half of Total Market Share
From regional perspective, Asia Pacific currently holds around half of global communication test equipment share.
Countries such as China, India and Japan are the countries with highest number of data users with introduction of LTE services.
Furthermore, North America and Europe are expected to be the most attractive regions growing at the fastest CAGR throughout forecast period, with presence of high-tech services and equipment.
From the last few years, countries such as Ethiopia, Uganda and South Africa where telecom market has started gaining attention with basic packet based services such as 3G, will drive demand for communication test equipment market.
IoT and AI to Remain Key Market Trends for Driving Demand of Communication Test Equipment Market
Communication test equipment market is partially consolidated in nature, with global and regional players dominating the market.
As a result of technological advancement and introduction of IoT & AI, demand for data has increased from wireless transmission medium.
RF bandwidth and its allocation for these uninterrupted services are set to gain high importance along with number of regulations imposed on them.
Regulations with respect to QoS will enable use of communication test equipment to ensure quality and strength of signal for any service provider.
For instance, driverless cars by Google requires high speed data with relevant extracted information along with low latency rate which can be as low as 0-5ns.
This requirement has enabled service providers to focus on their quality, speed and security, which will further lead to utilization of communication test equipment helping stakeholders to understand various parameters such as signal strength, latency rate, encryption and decryption methodology.
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Communication Test Equipment Market Segmentation
Fact.MR has studied the communication test equipment market with detailed segmentation on the basis of Communication System, test type, end-use industry and key regions.
By Communication System :
- Wired Equipment Test System
- Wireless Equipment Test System
- Bluetooth Test System
- Wi-Fi Test System
- RF Test System
By Test Type :
- Network Assurance Test
- Lab & Manufacturing Test
- Field Network Test
- Enterprise Test
- Network Assurance Test
- Lab & Manufacturing Test
By End- Use Industry :
- Aerospace & Defense
By Region :
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”
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Is the market research conducted by Fact.MR?
Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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