Global Wireless Network Test Equipment Market is Estimated to Value Over USD 5.4 Billion by 2026 End

  • 15 Jul 2019

Global Wireless Network Test Equipment Market is estimated to value over USD 5.4 Billion by 2026 end and register a CAGR of over 7% during the forecast period 2019 to 2026.
Wireless network test equipment assists organizations to analyse and improve their network performance by inspecting every feature of the network process. Enterprises require optimized network facilities for maximum efficiency in business operations and this has initiated numerous opportunities for wireless network test equipment vendors to expand their business worldwide.

One of the primary driving factors for the global wireless network test equipment market is the increase in the volume of data generated worldwide. Moreover, there has been a rise in the use of IoT-based applications which is an added driving factor for the market. Governments all around the world have taken initiatives for creating and developing an advanced infrastructure and promoting digitization and this is propelling the market even further.

Insights on Global Wireless Network Test Equipment Market:

1.    By Region

•    North America
•    Europe
•    Asia Pacific
•    Middle East & Africa
•    Rest of the World

As North America and Europe are developed economic regions, organizations based in these regions have seamlessly incorporated high-speed wireless network services. In order to maintain the optimum quality of the network, wireless network test equipment is deployed by these organizations so that their business operations are not hindered by any means.
Asia Pacific has great potential for the market to grow as it has the largest number of telecommunication subscribers. Furthermore, this market space is slowly catching up with the IoT system and have initiated to use IoT-based devices. China, in particular, is at the forefront in this region as organizations based in China are rapidly adopting IoT and AI-based systems which require an optimum quality of wireless network to function seamlessly. These are some of the key factors that are currently encouraging market growth. High production costs of the equipment and unavailability of skilled workforce are some of the factors that can restrain the market from expanding.


2.    By Equipment Type

•    OSS with Geolocation Equipment
•    Drive Test Equipment
•    SON Testing Equipment
•    Monitoring Equipment
Operations support systems (OSS) with geolocation equipment segment is anticipated to grow rapidly during the forecast period as it is the system used by telecom service providers for network management which is why this equipment has a huge demand worldwide.

3.    By Network Technology

•    5G
•    4G
•    3G
•    2G
4G network technology is currently leading the global market. However 5G technology will eventually dominate the market as numerous crucial researches have been conducted and this technology will soon become an industry standard. 

4.    By End User

•    Enterprises
•    Telecommunication Service Providers
Enterprises segment cuurently dominates the market and will continue to do the same during the forecast period. Enterprises widely adopt wireless network testing equipment in order to optimize and maintain their network for the smooth functioning of their businesses.
 

Competitive Landscape:

•    Rohde & Schwarz
•    Anritsu
•    Infovista
•    Keysight Technologies
•    VIAVI
•    Accuver
•    Dingli Corp.
•    Empirix
•    Radcom

Rohde & Schwarz launched the 5G new radio (NR) network measurement solution in September 2018 which was the world’s first commercial network measurement solution. They also launched the smart platform in February 2018 which covers all the test scenarios and the use cases that occurred during the life span of a mobile network. These products will assist Rohde & Schwarz to strengthen its market position and dominate the market in the future. 

FutureWise Key Takeaways:

•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:

•    To provide with an exhaustive analysis on the global wireless network test equipment market by region, by equipment type, by network technology, by end user 
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific and Middle East & Africa 
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 

 

Get unlimited analyst support and customise this study further to your requirements, contact sales@futurewiseresearch.com