The global communications test and measurement (CTM) market has witnessed high growth in recent years owing to the proliferation of the telecom industry. The industry is expected to grow at an approximate CAGR of over 15% from 2015 to 2022.
The communication service providers use diverse technological solutions offered by CTM to allow operations across broadband/IP networks (fixed and mobile). They can also deploy triple & quad-play services such as wireless, video, voice and data.
The global CTM market has been analyzed by test equipment hardware and software services. Product development involves various phases such as R&D, manufacturing, installation, and maintenance. CTM services and equipment are applicable across all phases within the product lifecycle, to provide higher value to the ultimate consumer.
Additionally, CTM facilitates repair technology, instrument management, calibration, maintenance and deployment of networks. It also ensures that the products adhere to the international standards. These solutions ensure that broadband service providers deliver high-quality of experience to their users along with effective service management via technologies such as Voice over Internet Protocol (VoIP) and Internet Protocol TV (IPTV).
The advent of next-generation technologies has led to high network traffic, coupled with a growing need for communication tests and measurement equipment, which is likely to drive the market growth. Rising demand for automated products and increased expenditure in the telecommunications sector is likely to provide lucrative opportunities for communications and test market suppliers as well.
The current communication systems have been stimulated by the physical constrictions because of the pervasive wireless communications demand. For system interoperability confirmation the preliminary phase of equipment design requires laborious testing.
Wireless test solutions are expected to occupy highest market share in the trial solutions segment from 2015 to 2022. Moreover, the field network test segment is projected to play a fundamental role in transforming the communication test and measurement landscape. The segment is expected to grow at the highest rate over the forecast period.
From the business perspective, several consumers consider field network tests to be accurate and reliable since they allow the user base to make changes in the controlled environment without going through complicated steps.
Based on application, communication test, and measurement solutions have seen a high rate of adoption by end-users such as enterprises, telecommunication service providers, Network equipment manufacturers (NEMs) and mobile device manufacturers have also boosted product demand across the globe.
Telecom service providers are expected to dominate the CTM market over the forecast period. The NEM market is also projected to witness high growth during the forecast period.
The report defines the global market size and future market prospects regarding growth from different segments including various types of tests, services, end users, and regions. Other drivers expected to propel market growth include cellular technologies such as LTE, ZTE, LTE-A, ZTE–voice and other wired technologies such as Ethernet and fiber optics that provide speeds of up to 400 Gbps.
Major players in the CTM market have been identified based on their variety of offerings to end user, distribution channel, and regional presence. Cellular services are expected to achieve a larger customer base as compared to wireline solutions owing to their wide availability, ease of global accessibility and lower market prices.
Companies involved in the telecom sector are expected to foster CTM market growth. This market has been further segmented into submarkets based on test solution, type of test, services and by region.
Based on test solution the market is divided into wireless test solution and wire-line test solution. Depending on the kind of test it is divided into enterprise test, Field network test, Lab and manufacturing test and system assurance test. Service categories include product support services, professional services, and managed services. By geography, the global market is divided into North America, Europe, Asia-Pacific, Middle East and Africa and Central & South America.
Rapid increase in the mobile connectivity speed and growing number of organizations dependent on this technology in North America has led to high CTM demand. Exponential demand for 4G technology, ZTE – voice and adoption of various smart devices by North American citizens is a key driver for the CTM market.
Asia Pacific is expected to offer several lucrative growth opportunities owing to the steady increase of CTM consumers such as enterprises and mobile device manufacturers. Significant restraints identified for this market include price sensitivity and growing need for innovative management and technologies.
The key vendors in this market include EXFO, Octoscope, Anritsu, Danaher Corporation, Agilent Technologies, Via solutions and IXIA.
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