LAN/WAN Test Equipment Market Size, Share & Trends Report

LAN/WAN Test Equipment Market Size, Share & Trends Analysis Report By Type Of Services, By Verticals, By Components, By Equipment Type, By Organization Size, By Application, By Region, Competitive Strategies, And Segment Forecasts, 2019 To 2025

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  • Report ID: GVR1878
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The global LAN/WAN test equipment market is estimated to witness substantial growth over the forecast period owing to rapidly evolving network technologies. Escalating demand for test equipment used in maintenance, network installation, research & development, and manufacturing is the primary growth driver for the market. The development of private enterprises is predicted to generate huge profits and remain high across government organizations and large private enterprises. Vendors focus on price, quality of service, portability, performance, and accessibility of network test equipment owing to high competition prevailing in the market.

Surging demand for high bandwidth, video-conferencing, faster connectivity for e-commerce, and multimedia is expected to drive the growth in the LAN/WAN test equipment market. The development of enterprise networks should further lift the demand for test equipment. In order to withstand sales, test equipment vendors need to track evolving standards, reduce product development time and incorporate standards into test equipment designs. High demand and large-scale enterprises installing LAN/WAN test equipment in their sites, and the necessity for the performance analysis of the networks are estimated to boost market growth.

Quality of Service (QoS) has become an integral part of organizations, which depends on various providers such as equipment vendors, national carriers, global service providers, and system integrators for high quality and effective performance. E-commerce, online trading, and triple play enhance the private enterprises' environment owing to the need for IT networks. Security concerns such as breaching and leakage losses oblige the use of test equipment to handle the emerging technologies. The necessity to protect networks from hackers, virus attacks, ominous losses, and rupturing are also expected to propel the LAN/WAN test equipment market growth over the forecast period.

Vendors are anticipated to face problems in educating their customers as well as technicians owing to limited availability of engineers and the advent of new technologies. Declining budgets owing to macro economic conditions are the main bottleneck for the LAN/WAN test equipment market. The market growth may face challenges as the available budget is spent largely on IT products such as server consolidation, virtualization, energy reduction, and storage expansion rather than LAN/WAN test equipment.

The LAN/WAN test equipment market has application in the areas such as telecom, Datacom, wireless and fiber optics test. Communication technologies including ten gigabit Ethernet, Voice over Internet Protocol (VoIP), passive optical network, and virtual private network have highly supported the need for LAN/WAN test equipment. Development of FTTH and augmenting bandwidth needs are expected to support the development of network test equipment market over the forecast period.

The LAN/WAN test equipment market is categorized on the basis of type of services, verticals, components, equipment type and organization size. Based on type of services, the market is segmented into managed network implementation services, managed network design service, support & maintenance services and managed network monitoring services. The market is expected to be fueled by managed network design service, which assists the research and development for LAN/WAN test equipment.

The market is further fragmented into managed LAN/WAN networks, managed IP telephony, managed Ethernet links, managed IP/VPN and managed video conferencing/telepresence. On the basis of equipment type, the market is classified into stress testers & performance analyzers, protocol analyzers, conformance analyzers, and interoperability test systems. Stress testers and performance analyzers are projected to dominate the market over the next six years. On the basis of organization size, the market is divided into medium businesses, small businesses, and large enterprises. Large business enterprises are estimated to overtake small and medium business enterprises owing to the escalating demand for LAN/WAN test equipment.

The Asia Pacific market is estimated to witness a significant growth over the forecast period, followed by Europe owing to growing deployment of wireless networks. North America is estimated exhibit high growth potential in the LAN/WAN test equipment market over the next six years. Emerging Asia Pacific market is also anticipated to witness growth owing to marketing efforts and expanding infrastructure facilities. Major vendors in the market include Agilent Technologies, AOIP SAS, Anritsu Corporation, Digital Lightwave Inc., Finisar Corporation, EXFO Electro-Optical Engineering Inc., Fluke Networks, Ixia, and Harris Corporation.

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