Market Overview:
The global Communication Test and Measurement Market was valued at USD 6.69 billion in 2022 and is projected to reach USD 9.34 billion by 2032, at a CAGR of 6.9% during the forecast period.
The Communication Test and Measurement market involves the testing, measurement, and analysis of communication networks and devices. The growth of this market is driven by several factors, including the increasing demand for reliable communication networks and the growing adoption of cloud-based services. The increasing deployment of 5G networks, the Internet of Things (IoT), and the need for improved network performance and security are also contributing to the growth of the market. One of the major trends in the Communication Test and Measurement market is the shift towards software-defined networks (SDN) and network function virtualization (NFV). SDN and NFV are driving the demand for more agile and flexible networks that can be easily managed and optimized. This is driving the need for more sophisticated testing and measurement solutions that can handle these complex environments. Another trend in the market is the growing demand for cloud-based test and measurement solutions. Cloud-based solutions provide scalability, flexibility, and cost-effectiveness, which is driving their adoption in the Communication Test and Measurement market. The growth of 5G networks and the need for real-time monitoring and analysis of network performance is also driving the adoption of cloud-based solutions.
Opportunities in the Communication Test and Measurement market include the development of 5G testing and measurement solutions and the growing demand for network automation and orchestration solutions. The increasing deployment of IoT devices and the need for more sophisticated testing and measurement solutions to support these devices is also an opportunity for growth in the market.
Report Scope
Report Attributes | Description |
Market Size in 2022 | USD 6.69 Billion |
Market Forecast in 2032 | USD 9.34 Billion |
CAGR % 2023-2031 | 6.9% |
Base Year | 2022 |
Historic Data | 2019-2021 |
Forecast Period | 2023-2031 |
Report USP | Production, Consumption, company share, company heatmap, company production capacity, growth factors and more |
Segments Covered | By Product Type, By Test Type, By End-user |
Regional Scope | North America, Europe, APAC, South America and Middle East and Africa |
Country Scope | U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
Key Companies | Keysight Technologies, Rohde & Schwarz GmbH & Co KG, Anritsu Corporation, VIAVI Solutions Inc., EXFO Inc., National Instruments Corporation, Spirent Communications PLC, Teledyne LeCroy Inc., Advantest Corporation, Yokogawa Electric Corporation, Viavi Solutions Inc., Ixia, B&K Precision Corporation, Teradyne Inc., Fluke Corporation |
Driver: Growing demand for real- high-speed internet and mobile networks is propelling Communication Test and Measurement Market growth.
One of the key driving factors for the communication test and measurement market is the increasing demand for high-speed internet and mobile networks. With the growing number of devices connected to the internet and the increasing use of data-intensive applications, the need for high-speed internet connectivity has become more critical than ever before. This has led to a surge in demand for advanced communication technologies such as 5G, which requires accurate and reliable testing and measurement solutions to ensure optimal network performance. As a result, there is an increasing demand for communication test and measurement solutions that can help network operators and service providers to deploy, monitor, and optimize their networks, thereby driving the growth of the market.
Segmentation:
By product type, the market can be segmented into:
• Wireless Testers
• Wireline Testers
• Network Analyzers
• Spectrum Analyzers
• Signal Generators
• Others
By test type, the market can be segmented into:
• Enterprise Test
• Field Network Test
• Lab and Manufacturing Test
By end-user, the market can be segmented into:
• Telecom and IT
• Aerospace and Defense
• Electronics and Semiconductor
• Automotive
• Healthcare
• Others
Geographical Analysis:
North America: North America is one of the largest markets for communication test and measurement due to the high adoption rate of advanced technologies such as 5G, IoT, and cloud computing. The presence of major communication service providers, such as AT&T, Verizon, and T-Mobile, is also contributing to the growth of this market in the region.
Europe: Europe is another major market for communication test and measurement due to the increasing demand for high-speed internet and the growing adoption of IoT devices. The region has several well-established players such as Rohde & Schwarz, Keysight Technologies, and Anritsu Corporation, who are investing in research and development activities to introduce innovative products and technologies.
Asia Pacific: The Asia Pacific region is expected to witness significant growth in the communication test and measurement market due to the increasing demand for high-speed internet and the growing adoption of advanced technologies such as 5G, IoT, and cloud computing. China, Japan, and India are the major contributors to the growth of this market in the region.
Middle East and Africa: The Middle East and Africa region are also witnessing significant growth in the communication test and measurement market due to the increasing adoption of advanced technologies in the telecommunication sector. The presence of major communication service providers such as Etisalat, STC, and Vodacom is contributing to the growth of this market in the region.
Latin America: The Latin America region is expected to witness substantial growth in the communication test and measurement market due to the increasing demand for advanced communication technologies and the growing adoption of IoT devices. Brazil and Mexico are the major contributors to the growth of this market in the region.
Recent Development: Global Communication Test and Measurement Market
• In March 2020, Rohde & Schwarz announced the acquisition of Zurich Instruments AG, a provider of test and measurement equipment for advanced research applications in physics and materials sciences. The acquisition strengthens Rohde & Schwarz's position in the research market and expands its portfolio in high-end test and measurement equipment.
• In June 2020, Keysight Technologies, a leading player in the communication test and measurement market, announced the launch of its new 5G base station test solution, which enables network equipment manufacturers to test and validate their 5G base station designs.
• In September 2020, Anritsu Corporation, a Japanese telecommunications equipment company, announced the launch of its new Network Master Pro MT1040A, a handheld tester for evaluating the performance of 5G networks. The device allows engineers and technicians to troubleshoot and verify 5G networks quickly and efficiently.
• In October 2020, Viavi Solutions, a provider of test and measurement solutions for network operators and equipment manufacturers, announced that it had signed a partnership agreement with Rakuten Mobile, a Japanese mobile network operator, to provide network performance monitoring and optimization solutions for Rakuten's 4G and 5G networks.
• In December 2020, EXFO Inc., a provider of network test, monitoring, and analytics solutions, announced that it had signed an agreement to acquire InOpticals Inc., a Taiwanese provider of optical test equipment. The acquisition expands EXFO's portfolio in optical testing and measurement solutions and strengthens its position in the global market.
Company Profiles:
• Keysight Technologies
• Rohde & Schwarz GmbH & Co KG
• Anritsu Corporation
• VIAVI Solutions Inc.
• EXFO Inc.
• National Instruments Corporation
• Spirent Communications PLC
• Teledyne LeCroy Inc.
• Advantest Corporation
• Yokogawa Electric Corporation
• Viavi Solutions Inc.
• Ixia
• B&K Precision Corporation
• Teradyne Inc.
• Fluke Corporation
 
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