Visiongain Publishes Communications Test & Measurement Market Report to 2031

31 March 2021
Cyber

Visiongain has published a new report on Communications Test & Measurement Market Report to 2031: Forecasts by Test Type (Enterprise, Field Network, Lab and Manufacturing, Network Assurance), By Organization Size (Small and Medium Sized Enterprises, Large Enterprises), by Service Type (Product Support Service, Professional Service, Managed Service), By End-User (Telecommunications Service Provider, Network Equipment Manufacturer, Mobile Device Manufacturer). PLUS, Profiles of Communications Test and Measurement Companies, and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.

The global communications test and measurement market was valued at US$ XX billion in 2019 and is projected to reach a market value of US$ XX billion by 2031.

Technological advancements in communication network requiring new equipment and growing demand for network testing are the factors driving the growth of the communications test and measurement market. The market seeks growth opportunities from the advent of 5g technology and rising demand for bandwidth and traffic inspection. However, High initial investment and compatibility with futureproof technology are some of the factors hampering the market growth during the forecast period.

COVID-19 Impact on Communications Test and Measurement Market
The COVID-19 outbreak is having a significant impact on the communications test and measurement market. The market is witnessing a slowdown due to the lockdown imposed across the countries leading to lack of workforce. The pandemic has resulted in restrictions on movement due to which the on-premises businesses are put on hold. However, with the adoption of work from home initiatives the demand and usage of data has increased tremendously, creating a significant impact on telecommunication companies. The service providers who are yet to commercialize 5G technology is expected to possess a substantial challenge coping with customer churn for managing network traffic. The increased dependency on telecom networks during COVID-19 has raised a different set of challenges among the telecom service providers, which includes an increase in call drops, low data quality, and extensive network traffic, thereby creating a demand for test and measurement services.

Market Drivers

Technological Advancements in Communication Network Requiring New Equipment
Communication networks are undergoing revolutionary transformations with the advent of 4G and 5G technology. The communication sector witnesses rapid changes in network circulation, among voice video, and data, thereby creating a need for solutions to test the performance and capacity of the network as well as equipment. As technology advances, the need for new networking equipment also increases as the old equipment are not futureproof. Thus, the newly developed communication network equipment requires testing and measurement services for the commissioning to ensure that all the systems and components are working as per the operational requirements.

Growing Demand for Network Testing
The advent of advanced technologies such as IoT, M2M, FTTH, and the cloud has transformed the ICT ecosystem. Majority of the networks depend on fibre-optic communications, as it is capable of supporting the increases in bandwidth requirement. As the demand for advanced technologies increases, the consumers also focus on the performance of the equipment. The need for testing & measutement is crucial throughout the entire network lifecycle to cater the varying bandwidth requirements. Thus, to ensure that the network meets the optimum business performance and accessibility requirements for maintaining QoS for mission-critical voice, video, and data traffic is expected to increase the demand for communications test and measurement services.

Market Opportunities

The advent of 5G technology
5G technology is commercializing rapidly across various parts of the world. The US, South Korea, and China are the leading countries to develop and deploy 5G technology. The promising technology offers reduced latency, high bandwidth and capacity when compared to 4G. With the commercialization of 5G, the demand for 5G enabled devices increases, thereby creating a need for test and measurement services. Thus, the advent of 5G technology is expected to provide substantial growth prospects of communications test and measurement market during the forecast years.

Rising Demand for Bandwidth and Traffic Inspection
Accurate and reliable test and management services have become crucial for digital networks to organize their communication channels. Various methodologies and techniques are used for keeping track of communications in an enterprise. With the rising Internet consumption and communication technologies, the demand for bandwidth and traffic increases, creating a robust market for communications test and management solutions and services. Moreover, the increasing complexity, number of wireless connected devices, and the need for high-speed and high-quality testing & measuring services propel the market growth.

Competitive Landscape
The Communications Test and Measurement market is highly competitive. The key market players are implementing organic as well as inorganic growth strategies to help them increase their offerings and strengthen their position in the market. Some of the companies profiled in the report include Agilent Technologies, Keysight Technologies, Huawei Technologies Co., Ltd, Anritsu, Octoscope, EXFO Inc., Rhode & Schwarz, Cisco Systems Inc., Danaher Corporation, and Via solutions.

June 2020, Keysight Technologies launched Infiniium MXR-Series Mixed Signal Oscilloscopes. The new series of oscilloscope has eight analog channels at 6 GHz and 16 simultaneous digital channels, allowing its customers to reduce test bench and workflow complexity and achieve higher and accurate performance and repeatable multi-channel measurement in a single instrument.

March 2020, Anritsu introduced its SmartStudio NR environment for interactive GUI-based functional 5G device testing. The new software is serving as control software for the Radio Communication Test Station MT8000A, thereby simplifying the testing procedure and reduces the cost-of-test when verifying 5G commercial devices being developed for emerging applications.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

Visiongain Publishes Military Cyber Security Market Report 2021-2031

Some of the major factors fuelling the growth of global market include rising investment in R&D activities, capitalization on emerging technologies such as and artificial intelligence, IoT and combat technologies.

13 July 2021

Read

Visiongain Publishes Top 100 Cyber Security Companies: Ones to Watch in 2021

With rapid increase in cyberattacks and threats, companies are more focused on cybersecurity portfolio. Also, significant funding and investment has been observed since last few years which is likely to positively influence the company’s growth.

28 May 2021

Read

Visiongain Publishes Report Smart Mining Market Report 2021-2031

Mining activities across the world are increasing at a rapid pace owing to the increasing demand for fibers and metals. Further, the increasing concerns or safety at the site, increasing automation, and rising environmental concerns are supplementing the growth of the smart mining market.

12 May 2021

Read

Visiongain Publishes Business-to-Consumer (B2C) E-commerce Market Report to 2031

Factors such as major benefits offered by e-commerce platform and surge in adoption of online channel for purchases are driving the market growth.

07 May 2021

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever