Communication Test and Measurement Market

The global Communication Test and Measurement market was valued at USD 6.11 Billion in 2020 and is projected to reach USD 17.54 Billion by 2028, growing at a CAGR of 9.4% from 2021 to 2028.

Communication measurement and test instruments allow judgement of the quality and performance of communication networks and devices so that the topmost level of customer satisfaction can be obtained.

The global Communication Test and Measurement market was valued at USD 6.11 Billion in 2020 and is projected to reach USD 17.54 Billion by 2028, growing at a CAGR of 9.4% from 2021 to 2028.

The global Communication Test and Measurement market is segmented into product, application, regions, and countries. The regional segmentation covers current and forecasts demand on the basis of North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. All the segments are analyzed on the basis of current and future trends. The report covers a complete evaluation of the market based on competition, drivers, restraints, opportunities, trends, and industry-authenticated data. The market is estimated from 2016 to 2020 and forecast from 2021 to 2028. 

Outbreak of COVID-19 led various countries impose strict lockdown measures during the initial stages of the pandemic. Numerous companies from different verticals faced challenges due to remote work environments. As a result, companies from various sectors switched to online/virtual platforms to maintain a steady flow in their daily business activities. Impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

o   Impact Assessment of COVID-19 Pandemic

o   Pre & Post COVID-19 Market Size

o   Qualitative analysis on the short term & long term impact of COVID-19 on the market

o   The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Increasing demand of instrumentation module defined by software, broad bandwidth, and LTE network rollouts are some of the factors fueling the growth of Communication Test and Measurement Market.

Furthermore, developing communication standards like LTE is also adding to the growth of the market.

The key determinant that is hampering the market growth is the particular advances that are restricted to communication technology. Companies face difficulties in manufacturing to meet the industrial standards while improving the test integrating equipment.

Test Equipment  Analysis: Preview

On the basis of Test Equipment, the market is segmented into Wire-line Testers, Wire-less Testers. Wire-less testers  held the highest share in 2020 and is expected to grow at a significant rate over the forecast period. This is attributed to the rising demand for the Wire-less testers in developing countries such as China and India. Digitalization in Asia Pacific region has led to a surge in the usage of technology in various business processes over the past few years. Rising adoption of online platforms across various sectors along with analytical solutions, IoT, AI, and Blockchain technology to gain a competitive advantage is also paving the way for the Communication Test and Measurement market growth.

Type of Tests Analysis: Preview

Based on Type of Tests, the market is segmented into Network Assurance Test, Lab & Manufacturing Test, Field Network Test and Enterprise Test. Network assurance test  held the largest share and is projected to grow at a notable CAGR over the coming years. Rising demand for Communication Test and Measurement  in various countries such as the U.S., Germany, China, India, and Japan, among others is likely to support the growth of the market. Numerous companies are focusing on investing heavily in this application to cater the end user requirements effectively.

On the basis of region, the global Communication Test and Measurement market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region held a leading share of the global Communication Test and Measurement market in 2020. Some of the major countries contributing to the market growth are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. U.S. is considered as the most lucrative country for market players. This is attributed to the presence of major companies operating in the region.

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA

The market comprises of numerous small, medium, and large sized players spread across various geographies. Some of the main competitors in the global Communication Test and Measurement market are Anritsu, Fortive, EXFO, Rohde & Schwarz, National Instruments, VIAVI, Yokogawa, Spirent, Keysight Technologies, Huawei.. The report covers company market share analysis which gives a comprehensive overview of the main competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.

• Global Communication Test and Measurement Market is projected to reach USD 17.54 Billion by 2028
• North America held the highest share of the Communication Test and Measurement market
• Wire-less testers held the largest share of the product segment in the Communication Test and Measurement market
• Network assurance test held the major share of the application segment in the Communication Test and Measurement market