Communications Test and Measurement (CT&M) Market poise $5.51 Billion by 2018
On 28 Jan 2014
The report "Communications Test and Measurement Market [Solutions (Wireless, Wireline), Type of Test (Enterprise, Field Network, Lab And Manufacturing, Network Assurance), Services; End Users] â€“ Global Advancements, Worldwide Forecasts & Analysis 2013 - 2018 ", defines and segments the CT&M market into various sub-segments with an in-depth analysis and forecasting of revenues. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the technology roadmap and adoption trends.
Browse 93 market data tables and 46 figures spread through 174 pages and in-depth TOC on â€œCommunications Test and Measurement Market "
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MarketsandMarkets broadly segments the Communications Test and Measurement (CT&M) market on the basis of Type of test equipment among: Wireless testers and Wireline testers ;by type of tests: Enterprise test, Field network test, Lab and manufacturing test, Network assurance test; By services: Product support services, Professional and consulting services, Managed services; By end-users: Network equipment manufacturers (NEMs), mobile device manufacturers, Telecommunication service providers, Enterprises; By regions such as North America (NA), Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and Latin America (LA).
The major driving factors for CT&M market are rapidly evolving communications standards; LTE network rollouts; demand for software defined modular instrumentation approach and increased bandwidth demand. Service providers are facing challenges due to interoperability and interference and will require adequate test support tools, as 3G, wireless-integrated multiple accesses (WiMax) and other wireless technologies need to be supported in the same device. Todayâ€™s communication test and measurement solutions address these challenges thereby deriving significant profits for the service providers.
MarketsandMarkets forecasts the Communications Test and Measurement market to grow from $3.75 billion in 2013 to $5.51 billion in 2018. In terms of geographies, North America and APAC is expected to be the biggest market in terms of revenue contribution, while Europe and Latin America is expected to experience increased market traction, during the forecast period.
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