The global communication test and measurement market was worth US$ 7.4 Billion in the year 2022 and is expected to reach US$ 16.4 Billion by the year 2032 at a CAGR of 8.3% between 2022 and 2032.
The communication service providers make use of diverse technological solutions offered by communication tests and measurements for smoothening operations across IP networks (mobile and fixed)/broadband. These systems are also able to deploy quad-play and triple services like wireless, voice, video, and data.
Besides, the communication test and measurement market enables repair technology, calibration, instrument management, deployment of networks, and maintenance. It also ascertains that products comply with international standards. In other words, they do ensure that high-quality performance gets delivered by broadband service providers with superior service management through technologies like IPTV (Internet Protocol TV) and VoIP (Voice Over Internet Protocol).
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Next-generation technologies have resulted in high network traffic; which calls for the need for communication test and measurement equipment. Plus, there is an exorbitant demand for automated products coupled with higher expenditure in the telecommunications vertical.
System interoperability confirmation could be done better only through laborious testing. With the demand for pervasive wireless communications, the global communication test and measurement market is expected to grow on an exponential note in the years to come.
NEMs (Network Equipment Manufacturers), telecommunication service providers, and enterprises are the highest revenue generators in terms of applications.
Future Market Insights has walked through these facets with future prospects in its latest market study entitled ‘Communication Test and Measurement Market’. It has a team of analysts and consultants to deploy a 360-degree approach across macros and micros.
“With an advent of LTE (long-term evolution) and LTE-A (long-term evolution-advanced), the global communication test and measurement market are likely to grow on an unstoppable note in the forecast period”, says an analyst from Future Market Insights.
Key Takeaways from the Communication Test and Measurement Market
- North America holds a sizable market share with growing demand for smart devices by the citizens of the US.
- Europe holds the second-largest market share with the UK being home to various mobile device manufacturers and enterprises.
- The Asia-Pacific is expected to grow at the quickest rate in the communication test and measurement market in the forecast period. This could be credited to South Korea and Japan leading from the front and the status quo is expected to remain the same even in the forecast period.
Competitive Analysis
- VIAVI, in March 2020, floored Test Suite for O-RAN specifications. Equipment manufacturers and operators across the globe are adopting O-RAN for reducing procurement, deployment, and operational costs of infrastructure.
- Anritsu Corporation, in March 2020, came up with SmartStudio NR (SSNR) environment to enable interactive GUI-based functional 5G device testing as control software for Radio Communication Test Station MT8000A.
- NI, in April 2020, did announce a standalone 5G radio test user equipment.
- Keysight, in June 2020, did announce the very first oscilloscope with 8 analog channels at 16 simultaneous channels and 6 GHz, thereby helping customers in reducing workflow complexity and test bench for attaining better performance and precise multi-channel measurement in a single instrument.
- Rohde & Schwarz, in February 2019, did announce collaboration for addressing testing needs for A-GNSS services. The company also entered into a partnership with Bluetest for creating test concepts for the OTA antenna measurements.
What does the Report measure?
- The research study is based on test solutions (wireline and wireless), by service (product support service, professional service, and managed service), by type of test (enterprise, field network, lab and manufacturing, and network assurance), by organization size (large enterprises and small and medium enterprises), and by end-user (network equipment manufacturers, mobile device manufacturers, and telecommunication service providers).
- With the flourishing telecom vertical, the global communication test and measurement market is expected to grow on a good note in the forecast period.
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Key Players
- Anritsu
- Fortive
- EXFO
- Rohde & Schwarz
- National Instruments
- VIAVI
- Yokogawa
- Spirent
- Keysight Technologies
- Huawei
- VeEX
- Empirix
- Calnex Solutions
- OctoScope
- Centina Systems
- Cisco
- SysMech
- Luna Innovations
- NETSCOUT
- ThinkRF
- TEOCO Corporation
- QualiTest
- Kyrio
Key Segments Covered in the Communication Test and Measurement Industry Report
By Test Solutions:
- Wireless
- Wireline
By Service:
- Product Support Service
- Professional Service
- Managed Service
By Type of Test:
- Enterprise
- Field Network
- Lab and Manufacturing
- Network Assurance
By Organization Size:
- Small and Medium Enterprises
- Large Enterprises
By End User:
- Network Equipment Manufacturers
- Mobile Device Manufacturers
- Telecommunication Service Providers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization, and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments based on Source, Application, Sales Channel, and End Use over the next 10-years.
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