Title: is9792 (6)
1Governments Huge Investments for the Roll-Out of
4G/5G Networks Driving the Positive Impact on the
Growth of LTE Testing Equipment Market
Report Id REP-GB-8559 Published On
January-2019 Category Testing
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4LTE Testing Equipment Market Analysis
- Governments Huge Investments for the Roll-Out of
4G/5G Networks Driving the Positive Impact on the
Growth of LTE Testing Equipment Market - Exceptional penetration of wireless technology
has been steadily pushing LTE (Long-term
Evolution) deployment in recent past. With
thriving consumer demand for high speed
connectivity, growing emergency of accurate
carrier testing, battery testing, conformance
testing, and field evaluation is also fueling the
sales of LTE testing equipment worldwide.
Over-the-air (OTA) testing plays a crucial role
in evaluation of realistic capabilities, safety,
and reliability of wireless devices. - According to a newly published intelligence
outlook by Future Market Insights, remarkable
expanse of telecommunication infrastructure will
remain the prime factor driving adoption of LTE
testing equipment. The approximately below US 3
billion market for LTE testing equipment is
projected to demonstrate exponential revenue
growth in coming years. - As IoT spreads its roots across all verticals,
industry operators are extending their demand for
integration of a massive network of connected
devices and machinery. The resultant emergence of
new alternatives of connectivity is prominently
driving the expansion of LTE testing equipment on
a global label. - Telecom Holds the Lions Share in Global Market
Revenue - Telecommunication service providers continue to
register maximum installation of LTE testing
equipment. Smartphone adoption and subsequently
following network connection demand are rapidly
translating into robust sales of LTE testing
equipment. Rapid connectivity migration from 3G
to 4G and 5G is cited as the most prominent
driving force instrumenting stellar revenue
growth of LTE testing equipment, in recent years.
5LTE Testing Equipment Market Analysis
- Looking at the flourishing smartphone landscape
in Asia Pacific, it is more likely that the
region, along with the developing economies in
the Middle Eastern and African region, are also
slated to develop high market attractiveness in
coming years. Africa, a relatively untapped
market for LTE providers, is likely to create a
heap of opportunities for both LTE providers and
LTE testing equipment suppliers in the near
future on account of the thriving telecom
industry. - Developing Economies Reflecting Maximum LTE
Deployment Potential - India, a potentially attractive pocket of
investment for LTE products providers, recently
witnessed the launch of a new 4G LTE Network by
VNL Limited, a prominent manufacturer in the
telecom space. The company has unveiled this LTE
network for 4G connectivity across rural parts of
India and is offering LTE products at economical
prices, with a seamless connectivity. Such
developments are foreseen to support the growth
of Asias LTE testing equipment market, thereby
adding to the global revenue of LTE testing
equipment landscape. - South Korea is also positioned as a lucrative,
high potential market for LTE testing equipment
providers, as the country has witnessed rapid
roll-out of the LTE network and the current
penetration of the network is more than 97.
South Korean telecom operators such as SK Telecom
are deploying LTE testing equipment for the
network test and measurement in diverse devices.
SK Telecom recently extended the outreach of
their high speed LTE network to serve over 30
Korean countries and around 75 cities. The report
thus points exceptional scope of penetration of
LTE testing equipment in South Korean market.
6LTE Testing Equipment Market Analysis
- South Korea, along with Japan, has demonstrated
dramatically rapid network migration from 3G to
LTE within a short span of time. This has been
boosting data consumption among network users and
consumers are able to use 2x data per month. This
major migration will continue to favor
manufacturers as well as vendors of LTE testing
equipment in the long run, says a senior
research analyst at FMI. - Key Market Players Focussing on Partnerships
Alliances - As revealed by an extensive assessment of the
global competitive landscape of LTE testing
equipment market, a majority of the prominent
manufacturers and vendors of LTE testing
equipment are likely to opt for strategic
collaborations and partnerships. - While these strategic deals are considered
paramount for LTE testing equipment upgrade, the
strategy is more likely to offer market
participants a competitive edge over others. - Recently, a collaboration between RohdeSchwarz,
and Gemalto has paved the way for development of
new TM tools that facilitate LTE testing by
reducing time and costs, which are otherwise
challenging in case of LTE and LTE advanced
modules.
7LTE Testing Equipment Market Analysis
- A few more prominent companies operating in
global LTE testing equipment market include
Anritsu, Spirent Communications, Agilent
Technologies, Inc., Anite, Aeroflex Inc.,
Tektronix, Inc., and Fluke Corporation. - Source https//www.globenewswire.com/news-release
/2019/02/12/1720777/0/en/Governments-Huge-Investme
nts-for-the-Roll-Out-of-4G-5G-Networks-Driving-the
-Positive-Impact-on-the-Growth-of-LTE-Testing-Equi
pment-Market-FMI.html - Browse More Testing Equipment Market Insights
- Light Meter Market
- Food Tester Market
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personalized in nature. FMI delivers a complete
packaged solution, which combines current market
intelligence, statistical anecdotes, technology
inputs, valuable growth insights and an aerial
view of the competitive framework and future
market trends.
8LTE Testing Equipment Market Analysis
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