DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Wireless Test Equipment Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.
The global wireless test equipment market is expected to witness a CAGR of 6.1% during 2016-2022
The market comprises of four product types mobile device test equipment, base station equipment, drive test equipment, mobile backhaul and wireless core test equipment.
Most of the developing countries lie in Asia-Pacific and Rest of the World regions. These two regions are expected to account 49% of the global wireless test equipment revenue by 2022. The market for wireless test equipment is expected to witness highest growth in Asia-Pacific during the forecast period. LTE is a standard for high-speed wireless communication for mobile phones and data terminals. It is based on GSM/EDGE and UMTS/HSPA technologies. The fixed broadband household and small and medium sized enterprises (SMEs) penetration is low in most part of Asia-Pacific.
Mobile broadband is expected to be the major form of broadband access for majority of people in South East Asia and Oceania. This is likely to lay opportunities for operators to fulfill the need for home broadband and SME solutions through alternative access technologies, such as LTE. In 2015, a mere 5% of the total mobile subscriptions in South East Asia and Oceania were LTE. This is expected to cross 40% by 2021. This growth is likely to augment the wireless test equipment market in the region during the coming years.
Opportunities In The Market
- Growing Penetration Of Lte In Developing Countries
- Prospects From Upcoming 5G Technology
Trends In The Market
- New Product Launches
- Focus On Technology Enhancement
Drivers In The Market
- Growing Demand For Mobile Data Offloading
- Surging Demand For Small Cells And Hetnets
- Increased Investment In Nfv
Restraints In The Market
- Reduced Roi In Wireless Communication Market
- Long Testing Time
Key Company Profiles
- Anritsu Corporation
- Rohde & Schwarz Gmbh & Co. Kg
- Teradyne Inc.
- Viavi Solutions Inc.
- National Instruments Corporation
- Keysight Technologies Inc.
- Spirent Communications Plc
- Cobham Plc
For more information about this report visit http://www.researchandmarkets.com/research/zqx29g/global_wireless