The global LAN/WAN test equipment market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for high internet along with the development of enterprise networks such as IoT. There has been increasing demand for video-conferencing, faster connectivity, and many others, which resulted in increased demand for LAN/WN test equipment during the pandemic period.
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According to UN Trade, E-commerce jumped to $26.7 trillion during the pandemic which needed performance analysis of the networks so that they can sustain the incoming traffic. Due to security threat concerns of breaching and loss of data, there is an increasing need for the use of test equipment. Today LAN/WAN equipment are used for many applications such as datacom, telecom, for the testing of wireless and optics. For various technologies such as ethernet, voice over internet protocol (VoIP), and many others there is a high need for LAN/WAN test equipment. Some of the key global market players include Agilent Technologies, AOIP SAS, Anritsu Corp., Digital Lightwave Inc., Finisar Corporation, EXFO Electro-Optical Engineering Inc., Fluke Networks, Ixia, Harris Corp., and many others. With this rising need for bandwidth, there is also an increasing demand for testing equipment during the forecasted period.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
lobal LAN/WAN Test Equipment Market by Product Type
- Stress Tester and Performance Analyzers
- Protocol Analyzers
- Conformance Analyzers
- Interoperability Test Systems
Regional Analysis
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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