Analysis of Communication Test Equipment market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
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 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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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.
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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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.
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The global Communication Test Equipment market is segmented on the basis of Communication System, test type, end-use industry and key regions.
Major countries driving demand for Communication Test Equipment market are China, India and Japan
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