Communication Test and Measurement Market Outlook 2031
The global communication test and measurement market size was USD 7.43 Billion in 2022 and is anticipated to reach USD 16.82 Billion by 2031 expand at a substantial CAGR 9.5% during the forecast period, 2023 – 2031. The growth of the market is attributed to the proliferation of telecommunication industry and rising demand for communication test solutions from service operators.
Communication test and measurement as a technological solution offers several advantages to communication service providers that help them to allow effective operations across Broadband/IP networks both mobile and fixed. Moreover, the technology has the capability to deploy triple and quad-play services such as video, voice wireless, and data.
The technology services are widely used for various applications across series of phases of product development such as R&D, manufacturing, installation, and maintenance. They are beneficial in providing several facilities that enable the expansion of repair technology, instrument management, calibration, and deployment of networks.
Moreover, these solutions help the communication service providers to offer high-quality of experience and effective service management with the support of technology such as Voice over Internet Protocol (VoIP) and Internet Protocol TV (IPTV). Communication test and measurement usually includes a range of test equipment containing hardware and software that are used by manufacturers to deliver superior experience in data, voice and video communication.
Additionally, it provides efficient management of internet protocol TV by offering repair, deployment and management of networks and services. Increasing establishment of numerous digital communication network is driving the demand for reliable and accurate test and measurement.
Communication Test and Measurement Market Drivers, Restraints, Trends, and Opportunities
- Rapid introduction of advanced technologies and surging the demand for communication test and measurement equipment are expected to drive the market growth.
- Increasing demand for automated products and the rise in investment in the telecommunication sector from both public and private organizations are projected to spur the market growth during the forecast period.
- Growing transition to 5G that offers advanced modulation and antenna techniques is a key aspect to improve the services and quality of communication service, thereby, boosting the market expansion.
- High incidence of rapidly changing network circulation from voice to integrated voice, data and video is anticipated to increase the demand for testing solutions to test capacity and performance.
- High testing cost and lack of skilled labor for operating the technology are key restraining factors expected to hamper the market growth.
- Continuous upgrade in test equipment and increasing facilities of high speed and quality service are key drivers for the market growth.
- COVID-19 pandemic has accelerated the demand for effective telecommunication services to improve work-life balance of enterprises. The increase in people working from home leads to increased network traffic and data usage along with rising demand for electronic-based communication devices. These has positively impacted the communication test and measurement market growth.
Scope of The Communication Test and Measurement Market Report
The report on the global communication test and measurement market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Communication Test and Measurement Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
Test Solutions (Wireless and Wire-line), Types (Enterprise Test, Field Network Test, Lab & Manufacturing Test, and System Assurance Test), Services (Product Support Services, Professional Services, and Managed Services), and End-Users (Telecommunication Service Providers, Network Equipment Manufacturers (NEMs), and Mobile Device Manufacturers)
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report
EXFO, Octoscope, Anritsu, Danaher Corporation, Agilent Technologies, Via solutions, and IXIA
Communication Test and Measurement Market Segment Insights
Wireless segment expected to account for a considerable market share
On the basis of test solutions, the market is bifurcated into wireless and wire-line. The wireless segment is expected to account for a considerable market share during the forecast period. The increasing demand for Long-Term Evolution (LTE) technology and rising adoption of wireless testing equipment by service operators are expected to boost the segment growth. Additionally, increase adoption of 3G and 4G network is expected to boost the wireless solutions segment growth during the projected period.
Field network test segment anticipated to constitute a significant share
Based on types, the global communication test and measurement market is divided into enterprise test, field network test, lab & manufacturing test, and system assurance test. The field network test segment is anticipated to constitute a significant market share during the forecast period. Field network tests are considered to be reliable and accurate service solution since the technology allows the users to make changes in the controlled environment by eliminating the complicated steps.
On the other hand, the system assurance test segment is expected to register a substantial CAGR during the forecast period owing to increasing demand for efficient solutions such as rapid problem detection, SLA conformance monitoring, and QoS management of performance.
Telecommunication service providers segment to hold a large share
On the basis of end-users, the market is categorized into telecommunication service providers, network equipment manufacturers (NEMs), and mobile device manufacturers. The telecommunication service providers segment is projected to represent a large market share during the forecast period owing to rising adoption of broadband and LTE communication services. Meanwhile, the mobile device manufacturer segment is anticipated to exhibit an impressive CAGR during the forecast period.
Manufacturers use these solutions to ensure effective performance of mobile devices such as tablets, computers, PDAs, and mobile handsets. The hardware and software of mobile devices are tested by using these testing solutions including R&D testing, manufacturing testing, and certification testing. Communication test and measurement instruments help mobile device manufacturers to ensure that the new products are up to the global standards through testing across 2G, 3G, LTE, and LTE-A.
North America projected to represent a significant market share
In terms of regions, the global communication test and measurement market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is projected to account for a significant market share during the forecast period. Rising number of organizations that are depending on this technology and rapid growth in the mobile connectivity speed are key factors expected to drive the segment growth.
Additionally, increasing demand for 4G technology, ZTE- voice, and rise in adoption of smartphones among a large number of consumers in this region is a major factor driving the regional growth. On the other hand, the market in Asia pacific is projected to expand at a healthy CAGR during the forecast period. Exponential growth of several telecom enterprises and mobile device manufacturers in the region is a key factor that push to increase demand for communication test and measurement consumers. This is expected to drive the regional market growth.
The global communication test and measurement market has been segmented on the basis of
- Enterprise Test
- Field Network Test
- Lab and Manufacturing Test
- System Assurance Test
- Product Support Services
- Professional Services
- Managed Services
- Telecommunication Service Providers
- Network Equipment Manufacturers (NEMs)
- Mobile Device Manufacturers
- Asia Pacific
- North America
- Latin America
- Middle East & Africa
Some of the key players in the global communication test and measurement market are EXFO, Octoscope, Anritsu, Danaher Corporation, Agilent Technologies, Via solutions, and IXIA. Companies are focusing on various business strategies such as new product launches, product upgrades, partnerships, mergers, and acquisitions, to improve their offerings in the market.