Wireless Network Test Equipment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

Wireless Network Test Equipment Market Global Trends, Market Share, Industry
Size, Growth, Opportunities, and Market Forecast 2019 to 2026
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.
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Insights on Global Wireless Network Test Equipment Market:
1. By Region
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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.
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Competitive Landscape:
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Rohde & Schwarz
Anritsu
Infovista
Keysight Technologies
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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:
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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
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their industry – a position secured for far more than the near future.
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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.