LAN/WAN Test Equipment Market

LAN/WAN Test Equipment Market by Service types (Managed Network Design Service, Managed Network Monitoring Services, Managed Network Implementation Services, and Support & Maintenance Services), Equipment Types (Interoperability Test Systems, Stress Testers & Performance Analyzers, Conformance Analyzers, and Protocol Analyzers), Organization size (Small, Medium, and Large), and Regions (Asia Pacific, North America, Latin America, Europe and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: ICT-SE-537
  • Author: Growth Market Reports
  • Rating: 4.9
  • Total Reviews: 3
  • No. Of Pages: 137
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The global LAN/WAN test equipment market is projected to expand at a robust CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to rapidly emerging network technologies.

LAN-WAN Test Equipment Market Key Takeaways

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising demand for test equipment in network installation, maintenance, manufacturing, and research & development is expected to drive the market.
  • Development of the private sector is projected to produce huge revenues and maintain high level of profitability through large private agencies and government organizations. This is estimated to fuel the market.
  • Vendors are concentrating on quality of service, price, performance, portability, and accessibility of network test equipment, due to high competition in the market.
  • Rising demand for video conferencing, fast connectivity, and high bandwidth for multimedia and e-commerce is projected to drive the LAN/WAN test equipment market.
  • Advancement of enterprise networks is anticipated to boost the market demand.
  • Test equipment vendors need to keep track of changing requirements, minimize product development time, and integrate standards into test equipment designs to maintain sales. This fuels the market demand.
  • High demand by large-scale companies installing LAN/WAN test equipment on their premises, as well as the rising need for network performance analysis is projected to drive the market.
  • Quality of Services (QoS) has become an essential component of organizations and they rely on several suppliers such as national carriers, equipment vendors, system integrators, and global service providers for high quality and efficiency.
  • E-commerce, triple play, and online trading benefits private businesses, owing to rising need for IT networks.
  • Security issues such as breaching and leakage losses require the use of test equipment. This is expected to drive the market.
  • The need for protecting networks from virus attacks, ominous losses, and hackers is estimated to boost the LAN/WAN test equipment market during the forecast period.
  • Lack of skilled workers and ignorance among consumers is anticipated to hinder the market growth.
  • Reduction in budget due to macroeconomic conditions is hampering the market growth.
  • Most of the budget is spent on IT items such as virtualization, storage expansion, server consolidation, and energy reduction instead of on LAN/WAN test equipment. This is anticipated to hinder the market growth.
  • Communication technologies such as Voice over Internet Protocol (VoIP), virtual private network, ten gigabit Ethernet, and passive optical network support the LAN/WAN test equipment market. This is estimated to boost the market.
  • Advancement FTTH bandwidth is estimated to support the growth of LAN/WAN test equipment during the forecast period.

Scope of the Report:

The report on the global LAN/WAN test equipment market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

LAN/WAN Test Equipment Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Service types (Managed Network Design Service, Managed Network Monitoring Services, Managed Network Implementation Services, and Support & Maintenance Services), Equipment Types (Interoperability Test Systems, Stress Testers & Performance Analyzers, Conformance Analyzers, and Protocol Analyzers), Organization size (Small, Medium, and Large), and Regions

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Harris Corporation, Agilent Technologies, Ixia, AOIP SAS, Fluke Networks, Anritsu Corporation, EXFO Electro-Optical Engineering Inc., Digital Lightwave Inc., and Finisar Corporation


Market Segment Insights:

The managed network design service segment is expected to expand at a rapid pace during the forecast period
Based on service types, the global LAN/WAN test equipment market is segregated as managed network design service, managed network monitoring services, managed network implementation services, and support & maintenance services. The managed network design service, which aids in the research and development of LAN/WAN test equipment, is expected to drive the market. Major factors driving the market are the need for minimizing Operating Expenditure (OPEX) and Capital Expenditure (CAPEX), new connectivity requirements to manage increasing complications in IT, and growing wave of digital transformation.

The managed network implementation service market is further divided into managed IP telephony, managed IP/VPN, managed video conferencing/telepresence, managed LAN/WAN networks, and managed Ethernet links.

The stress tester & performance analyzers segment is projected to expand at a robust CAGR during the forecast period
On the basis of equipment types, the global LAN/WAN test equipment market is fragmented as interoperability test systems, stress testers & performance analyzers, conformance analyzers, and protocol analyzers. The stress tester & performance analyzers segment is projected to hold a major market share of the total revenue during the forecast period.

The large segment is estimated to hold a major market share of the total revenue during the forecast period
In terms of organization size, the global LAN/WAN test equipment market is fragmented as small, medium, and large. Large organizations are projected to expand at a high CAGR during the forecast period. Large enterprises are expected to surpass small and medium enterprises, due to rising demand for LAN/WAN test equipment. Large enterprises have offices at several locations and the capability to invest in modern technology to run business efficiently, which is expected to drive the segment. Large organizations are largely in new technologies to surge overall efficiency and productivity.

LAN-WAN Test Equipment Market By Organization size

The market in Asia Pacific is estimated to expand at a significant CAGR during the forecast period
Based on regions, the global LAN/WAN test equipment market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Growth of the market in Europe is attributed to rising usage of wireless networks. The market in North America is expected to expand at a robust CAGR during the forecast period. Growth of the market in Asia Pacific is expected to expand, owing to increasing infrastructure facilities and marketing efforts.

LAN-WAN Test Equipment Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. LAN/WAN Test Equipment Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. LAN/WAN Test Equipment Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. LAN/WAN Test Equipment Market - Supply Chain
  4.5. Global LAN/WAN Test Equipment Market Forecast
     4.5.1. LAN/WAN Test Equipment Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. LAN/WAN Test Equipment Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. LAN/WAN Test Equipment Market Absolute $ Opportunity
5. Global LAN/WAN Test Equipment Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. LAN/WAN Test Equipment Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
6. North America LAN/WAN Test Equipment Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America LAN/WAN Test Equipment Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
7. Latin America LAN/WAN Test Equipment Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America LAN/WAN Test Equipment Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
8. Europe LAN/WAN Test Equipment Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe LAN/WAN Test Equipment Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
9. Asia Pacific LAN/WAN Test Equipment Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific LAN/WAN Test Equipment Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
10. Middle East & Africa LAN/WAN Test Equipment Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa LAN/WAN Test Equipment Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa LAN/WAN Test Equipment Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global LAN/WAN Test Equipment Market: Market Share Analysis
  11.2. LAN/WAN Test Equipment Distributors and Customers
  11.3. LAN/WAN Test Equipment Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Harris Corporation
     11.4.2. Agilent Technologies
     11.4.3. Ixia
     11.4.4. AOIP SAS
     11.4.5. Fluke Networks
     11.4.6. Anritsu Corporation
     11.4.7. EXFO Electro-Optical Engineering Inc.
     11.4.8. Digital Lightwave Inc.
     11.4.9. Finisar Corporation
Segments Covered in the Report:
The global LAN/WAN test equipment market has been segmented on the basis of

Service types
  • Managed Network Design Service
  • Managed Network Monitoring Services
  • Managed Network Implementation Services
  • Support & Maintenance Services
Equipment Types
  • Interoperability Test Systems
  • Stress Testers & Performance Analyzers
  • Conformance Analyzers
  • Protocol Analyzers
Organization size
  • Small
  • Medium
  • Large
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Harris Corporation
  • Agilent Technologies
  • Ixia
  • AOIP SAS
  • Fluke Networks
  • Anritsu Corporation
  • EXFO Electro-Optical Engineering Inc.
  • Digital Lightwave Inc.
  • Finisar Corporation

Key players in the global LAN/WAN test equipment market include Harris Corporation, Agilent Technologies, Ixia, AOIP SAS, Fluke Networks, Anritsu Corporation, EXFO Electro-Optical Engineering Inc., Digital Lightwave Inc., and Finisar Corporation.

 LAN-WAN Test Equipment Market By Key Players

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