keyboard_arrow_up

Communication Test and Measurement Market worth 6.69 Billion USD by 2020

The report "Communication Test and Measurement Market by Test Solutions (Wireless, Wireline), Type of Test (Enterprise Test, Field Network Test, Lab and Manufacturing Test, Network Assurance Test), Services, End-User, Region - Global Forecast to 2020", defines and segments the communication test and measurement market into various sub-segments with an in-depth analysis and forecasting of market sizes.

Browse 69 market data tables with 73 figures across 167 pages and in-depth TOC on “Communication Test and Measurement Market " 
http://www.marketsandmarkets.com/Market-Reports/communications-test-measurement-market-1309.html
Early buyers will receive 10% customization on reports.

The market is estimated to grow from USD 4.28 Billion in 2015 to USD 6.69 Billion by 2020, at an estimated compound annual growth rate (CAGR) of 9.3% from 2015 to 2020. Communication test and measurement instruments allow evaluation of the performance and quality of communication devices and networks so that the highest level of customer satisfaction can be achieved. Rising demand for faster and reliable communication technologies are the driving forces of communication test and measurement market.

Demand for faster and reliable communication devices and networks

Augmented smart phone adoption, high mobility and explosive mobile data traffic growth have sparked a revolution in the wireless communication sector. The rapid change in the network circulation from voice to integrated voice, video, and data is encouraging the need for solutions to test performance, capacity, and network management for data traffic. Various cellular technologies from 2nd generation (2G) to 4th generation (4G) - GSM/GPRS/EGPRS, TD-SCDMA/HSPA, CDMA2000, LTE and LTE-Advanced (LTE-A) and wired communication technologies, such as Ethernet and Fiber Optics, providing up to 100Gbps speed, are mainly driving the communication test and measurement market presently. Research and development in 5th generation (5G) has also been initiated which will provide data transmission at a speed higher than that of LTE-A. Similarly, Ethernet and Fiber Optics are evolving to achieve speed up to 400Gbps and above. The recently introduced and future communication technologies are expected to drive the communication test and measurement market in next five years. Moreover, rising demand for Internet of Things (IoT) based projects are also a major driving factor of the communication test and measurement market.

The North America region is expected to contribute the maximum market share to the overall communication test and measurement market

This market is in the growth stage in Asia-Pacific (APAC), Europe, Middle East and Africa (MEA), and Latin America, as communication technologies in these regions have immense scope for enhancement. Moreover, there is huge return on investment in the communication test and measurement market as opportunities for augmented performance are always increasing, hence communication specialists and leaders continue to visualize more effectively about the need for communication test and measurement solutions and services across all the regions.

The major vendors in the communication test and measurement market include Anritsu, Agilent Technologies, Danaher, EXFO, Ixia, National Instruments, Rohde&Schwarz, Spirent Communications, Yokogawa Electric, and Viavi Solutions. A detailed analysis on key industry players is done to provide insights about their businesses, products and services, key strategies, and recent developments associated with the communication test and measurement market.

The communication test and measurement market has been segmented into test solutions, types of test, services, end-users, and regions. The communication test and measurement solutions are further segmented into wireless and wireline test solutions. The types of test are enterprise test, field network test, lab and manufacturing test, and network assurance test. Services are further classified into product support services, professional services and managed services. End-users are segmented into network equipment manufacturers, mobile device manufacturers, telecommunication service providers, and enterprises. Furthermore, the report classifies the market according to the regions of North America, Europe, APAC, MEA, and Latin America.

Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=1309

About MarketsandMarkets:-

MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is ca1tering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com