The global communication test and measurement market is anticipated to grow at a significant CAGR during the forecast period (2024-2031). The equipment for communication test and measurement are used to test both wired as well as wireless networks. These products are differentiated based on the type of test into enterprise testing equipment, field network testing equipment, lab and manufacturing test equipment, and network monitoring tools, which comprise software. With the proliferation of 5G across the globe, the number of such equipment has witnessed a rapid pace. For instance, in November 2021, Anritsu has teamed up with Toyota subsidiary MVG to develop the world’s first 5G ‘over the air’ RF test system. Anritsu worked with Toyota subsidiary Microwave Vision Group (MVG) to deliver its MT8000A test set and OTA system to Toyota as the world’s first 5G vehicle OTA RF test system.
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The increasing adoption of virtual networking architecture across the telecommunication industry is further anticipated to boost the growth of the global communication test and measurement market in the future. Some key players operating in the market include Anritsu Corp., Fortive Corp., EXFO Inc., Yokogawa Electric Corp., among others. These players are eyeing to strengthen their position in the market by adopting strategies such as mergers and acquisitions, partnerships and collaborations, new product launches and developments in the existing product portfolio, and so on.
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Market Coverage
- Segment Covered-
o By Test Solutions
o By Type of Test
o By End-User
- Competitive Landscape: Anritsu Corp., Fortive Corp., EXFO Inc., Yokogawa Electric Corp., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Communication Test and Measurement Market Report Segmentation
By Test Solutions
- Wireless
- Wireline
By Type of Test
- Enterprise Test
- Field Network Test
- Lab and Manufacturing Test
- Network Assurance Test
By End-User
- Telecom Service Providers
- Network Equipment Manufacturer
- Network Equipment Manufacturer
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