Communication Test and Measurement Market to Witness Impressive Growth by 2024

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Global Communication Test and Measurement Market: Overview

Equipment used by the original manufacturers and network operators for delivering a superior experience in the video, data and voice communication is known as communication test and measurement equipment. This equipment consists of software and hardware. It also offers efficient management of Internet protocol TV by offering deployment of services, repair, networks and management. As digital communication network is developing, it creates the need for reliable and accurate test and measurement. Telecommunication industries also increase the need for communication test and measurement.

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Global Communication Test and Measurement Market: Growth Factors

The growth in the global communication test and measurement market is mainly due to rise in the bandwidth demand and penetration of the advanced mobile phone in the global market. However, the introduction of wireless technology and next-generation cellular is anticipated to boost the global market growth. Moreover, evaluation of the artificial intelligence and shift in cloud computing is expected to create ample opportunities for communication test and measurement market. Conversely, keeping rapidity with technological advances is the major market restraint.

Global Communication Test and Measurement Market: Segmentation

The global communication test and measurement market are segregated on the basis of end-user as mobile device manufacturer, enterprise, network equipment manufacturer, and telecommunication service provider. Based on the solution, the global market is classified as the wireless test solution and wireline test solution. The global communication test and measurement market are segmented on the basis of services as managed service, product support service, and professional service. Furthermore, the global market is fragmented based on the type of test as lab and manufacturing test, enterprise test, network assurance test, and field network test.

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Global Communication Test and Measurement Market: Regional Analysis

North America is the leading region for communication test and measurement. This growth in the market may continue in the coming years due to increased adoption of 3G and 4G network. In addition, the region is developing at a fast rate due to the availability of fast Internet connections, increased penetration of smart devices, and growing mobile data traffic. Customers use smart devices and other multimedia devices in order to stream videos and other content, which makes performance testing of these devices a mandatory procedure before they are introduced in the market. Hence, integration of advanced features in test equipment will augment the market growth in North America. Europe is following the same trend in the global market owing to the rapid adoption of wireless communication test equipment as compared to lab analytical instrumentation and general-purpose test equipment. In addition, Asia Pacific also shows a significant growth due to increasing R&D investment.

Global Communication Test and Measurement Market: Competitive Players

Major players in the global communication test and measurement market are Exfo Inc., Spirent communications, Agilent Technologies, Rohde & Schwarz GmbH & Co. KG, Danaher Corporation, and Octoscope. Other players include Anritsu Corporation, Yokogawa Electric, JDS Uniphase Corporation, and Calnex Solutions.

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