PUBLISHER: The Business Research Company | PRODUCT CODE: 1465703
PUBLISHER: The Business Research Company | PRODUCT CODE: 1465703
Communication testing and measurement involve evaluating the performance, quality, and reliability of communication systems, networks, and devices. This encompasses assessing parameters such as signal strength, bandwidth, latency, error rates, and throughput to ensure compliance with specified standards and requirements.
The primary test solution types in communication test and measurement are wireless test solutions and wireline test solutions. Wireless test solutions encompass equipment and techniques for measuring and analyzing wireless communication signals and devices, ensuring optimal performance and reliability in wireless networks. These services include product support services, professional services, and managed services, utilized for various types of tests such as enterprise tests, field network tests, lab and manufacturing tests, and network assurance tests. End users of these services span across network equipment manufacturers, mobile device manufacturers, and telecommunication service providers, catering to both small and medium-sized enterprises as well as large enterprises.
The communication test and measurement research report is one of a series of new reports from The Business Research Company that provides communication test and measurement market statistics, including the communication test and measurement industry's global market size, regional shares, competitors with an communication test and measurement market share, detailed communication test and measurement market segments, market trends and opportunities, and any further data you may need to thrive in the communication test and measurement industry. This communication test and measurement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The communication test and measurement market size has grown rapidly in recent years. It will grow from $7.53 billion in 2023 to $8.3 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The expansion observed in the historical period can be attributed to the evolution of telecommunications technologies, the growing demand for network quality and reliability, advancements in digital signal processing, the expansion of wireless communication networks, and regulatory requirements for compliance testing.
The communication test and measurement market size is expected to see strong growth in the next few years. It will grow to $11.63 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be attributed to the adoption of 5G technology and its associated testing requirements, the increasing complexity of communication systems, the proliferation of the Internet of Things (IoT) and connected devices, the expansion of cloud-based communication services, and the growing demand for enhanced cybersecurity testing solutions. Major trends expected in this period include a shift towards software-defined testing solutions, the integration of artificial intelligence and machine learning in testing processes, an emphasis on interoperability testing in multi-vendor environments, and an increased focus on testing solutions for quantum communication technologies.
The surging demand for broad bandwidth is poised to drive the growth of the communication test and measurement market in the foreseeable future. Broad bandwidth typically refers to a communication channel or system's capacity to accommodate a wide range of frequencies or data rates simultaneously. The growing reliance on digital technologies, widespread adoption of data-intensive applications, and the need for fast and dependable connectivity underscore the importance of communication test and measurement equipment. These tools ensure precise transmission by analyzing signal integrity, jitter, crosstalk, and eye diagrams, thereby averting distortion and ensuring optimal performance. Notable instruments utilized for this purpose include network analyzers and oscilloscopes. For instance, according to the Organization for Economic Co-operation and Development (OECD) report in December 2023, mobile broadband subscriptions witnessed a steady 13% increase from 2019 to 2022, with total subscriptions reaching 1.76 billion in December 2022, compared to 1.56 billion three years prior. Hence, the escalating demand for broad bandwidth is fueling the growth of the communication test and measurement market.
Leading companies in the communication test and measurement market are directing their efforts towards developing innovative products equipped with advanced technologies such as microwave and millimeter wave testing. These testing technologies play a critical role in evaluating the performance, characteristics, and integrity of electronic and communication systems operating within these frequency ranges. For instance, in March 2023, SIGLENT, a China-based company specializing in electronic test and measurement instruments, unveiled the SSG6000A RF signal generator. This signal generator offers a comprehensive solution for communication test and measurement applications, delivering precise, reliable, and flexible signal generation capabilities crucial for the development, testing, and optimization of modern communication systems. It supports various modulation schemes, including amplitude modulation (AM) and pulse modulation, enabling the simulation of diverse communication signals and modulation techniques encountered in real-world scenarios.
In April 2023, Emerson Electric Co., a leading US-based technology and software company, successfully acquired National Instruments Corporation (NIC) for $8.2 billion. This strategic move by Emerson is aimed at diversifying its technology portfolio by entering the test and measurement automation market through the acquisition of National Instruments Corporation. The latter, headquartered in the United States, specializes in providing software-connected automated test and measurement systems primarily for the communication industry. The acquisition aligns with Emerson's strategic goals to broaden its offerings and strengthen its presence in key technology markets.
Major companies operating in the communication test and measurement market are Huawei Technologies Co. Ltd., Cisco Systems Inc., Qualcomm Incorporated, Nokia Corporation, CommScope Inc., Fortive Corporation, Tektronix, Keysight Technologies Inc., Yokogawa Electric Corporation, Rohde & Schwarz GmbH & Co KG, National Instruments Corporation, VIAVI Solutions Inc., Netscout Systems Inc., Anritsu Corporation, Aeroflex, Spirent Communications plc, Teoco Corporation, Luna Innovations Incorporated, Empirix Inc., EXFO Inc., Calnex Solutions Ltd., Kyrio Inc., Qualitest Group Inc., Sysmech Corporation, VeEX Inc., AWT Global LLC, Centina Systems LLC
North America was the largest region in the communication test and measurement market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the communication test and measurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the communication test and measurement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The communication test and measurement market consists of revenues earned by entities by providing service such as network testing, field testing, and protocol testing services. The market value includes the value of related goods sold by the service provider or included within the service offering. The communication test and measurement market also includes sales of network analyzers, spectrum analyzers, signal generators, and protocol analyzers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Communication Test And Measurement Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on communication test and measurement market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for communication test and measurement ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The communication test and measurement market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.