Communication Test and Measurement Market by Offering (Hardware, Software, Services), Test Solution, Type of Test (Enterprise Test, Field Network Test, Lab & Manufacturing Test, Network Assurance Test), End User and Region - Global Forecast to 2029
MarketsandMarkets forecasts that the communication test and measurement market size is projected to grow from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period. Regulatory standards and industry specifications require communication equipment to meet certain performance criteria and regulatory compliance. This drives the need for specialized test and measurement solutions that can ensure adherence to these standards.
Scope of the Report
Years Considered for the Study
2019-2029
Base Year
2023
Forecast Period
2024-2029
Units Considered
Value (USD Million/USD Billion)
Segments
By Offering, Test Solution , Type of Test, End User and Region
Regions covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
"By services, the managed services segment is expected to grow with the highest CAGR during the forecast period."
managed services offer organizations comprehensive solutions to assess, monitor, and enhance their communication strategies efficiently. These services provide access to specialized expertise and advanced technologies, enabling organizations to scale resources according to their needs while remaining cost-effective. By outsourcing these functions to managed service providers, organizations can focus on their core competencies while ensuring that communication initiatives are executed seamlessly. Managed services also mitigate risks associated with data security and compliance, thanks to stringent protocols and adherence to regulatory standards. This service relieves customers from wasting efforts, time, and money on the update, repair, and maintenance of test equipment and leverages the advanced communication test and measurement equipment available in the market at cheaper rates. The service providers and network equipment manufacturers are increasingly opting for managed services to reduce their capital expenditure (CAPEX) and operational expenditure (OPEX).
"By services, the professional services segment is expected to hold the largest market size during the forecast period."
Professional services act as indispensable partners, offering tailored solutions to enhance organizational communication effectiveness. These services encompass a spectrum of offerings, including consultation, strategy development, tool implementation, data analysis, training, quality assurance, and continuous improvement. Professional service providers collaborate closely with organizations to assess communication needs, devise strategic plans, implement measurement tools, analyze data, and ensure adherence to best practices. These services assist network equipment manufacturers and service providers in testing new services, qualifying, and characterizing the network design, thereby significantly reducing the costs, complexity, and time-to-market. Professional services reduce the amount of time and effort taken by end users in developing optimal network infrastructure and enable them to focus on their core business objectives. This is the major reason for the adoption of professional services by industries.
"Asia Pacific is expected to grow with the highest CAGR during the forecast period."
The communication test and measurement market in the Asia Pacific region is undergoing significant advancements and has witnessed the advanced and dynamic adoption of new technologies and is expected to record the highest CAGR in the communication test and measurement market during the forecast period. Asia Pacific countries are considerably contributing to the growth of the communication test and measurement market. The growing demand for automated electronic products has made the Asia Pacific market very attractive, but the growth is fragmented, and many local players have specialized contributions making the communication test and measurement ecosystem in Asia Pacific competitive.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:
By Company: Tier 1-35%, Tier 2-40%, and Tier 3-25%
By Designation: C-Level Executives-35, Director Level-25%, and Others-40%
By Region: North America-30%, Europe-35%, APAC-25%, RoW-10%
The major players in the communication test and measurement market are Anritsu (Japan), Fortive (US), EXFO (Canada), Rohde & Schwarz (Germany), Emerson (US), VIAVI Solutions (US), Yokogawa (Japan), Spirent Communications (UK), Keysight Technologies (US), Huawei (China), Hammer (US), Calnex Solutions (UK), Luna Innovations (US), NetScout (US), Cisco (US), LitePoint (US), SysMech (England), VeEX (US), TEOCO Corporation (US), NetAlly (US), thinkRF (Canada), Kyrio (US), Fastech Telecommunications (India), Eagle Photonics (India), Verkotan (Finland). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, product enhancements, and acquisitions to expand their footprint in the communication test and measurement market.
Research Coverage
The report segments the global communication test and measurement market based on offering has been classified into hardware, software, and services (professional services (support services, consulting services, training services), managed services)). Based on test solution, the market is classified into two segments, wireline test solution and wireless test solution. Based on type of test, the market is classified by enterprise test, field network test, lab & manufacturing test, and network assurance test. Based on end user, the market is segmented into telecommunication service provider, network equipment manufacturer, mobile device manufacturer, and other end users. By region, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
Key benefits of the report
The report would help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall communication test and measurement market and the subsegments. This report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report would help stakeholders understand the pulse of the market and provide them with information on the key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (growing demand for network testing, rising demand for automated products and a growing need for communication test and measurement equipment, rapid technological advancements), restraints (price sensitivity, lack of standardization), opportunities (deployment of 5G networks, rising demand for bandwidth and traffic inspection, quantum communication testing), and challenges (matching up with continually changing technologies, security and privacy concerns).
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the communication test and measurement market.
Market Development: Comprehensive information about lucrative markets - the report analyses the communication test and measurement market across varied regions.
Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the communication test and measurement market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such as Anritsu (Japan), Fortive (US), EXFO (Canada), Rohde & Schwarz (Germany), Emerson (US), VIAVI Solutions (US), Yokogawa (Japan), Spirent Communications (UK), Keysight Technologies (US), Huawei (China), Hammer (US), Calnex Solutions (UK), Luna Innovations (US), NetScout (US), Cisco (US), LitePoint (US), SysMech (England), VeEX (US), TEOCO Corporation (US), NetAlly (US), thinkRF (Canada), Kyrio (US), Fastech Telecommunications (India), Eagle Photonics (India), Verkotan (Finland).
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS & EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 COMMUNICATION TEST & MEASUREMENT MARKET SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
FIGURE 2 COMMUNICATION TEST & MEASUREMENT MARKET: GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
FIGURE 3 YEARS OF STUDY CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2021-2023
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
1.6.1 IMPACT OF RECESSION
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 4 COMMUNICATION TEST & MEASUREMENT MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 Secondary sources
FIGURE 5 SECONDARY SOURCES
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
TABLE 2 PRIMARY SOURCES
2.1.2.2 Breakdown of primaries
FIGURE 6 BREAKDOWN OF PRIMARIES, BY COMPANY, DESIGNATION, AND REGION
2.1.2.3 Key data from primary sources
FIGURE 7 KEY DATA FROM PRIMARY SOURCES
2.1.2.4 Key industry insights
FIGURE 8 INSIGHTS FROM KEY INDUSTRY EXPERTS
2.2 MARKET SIZE ESTIMATION
FIGURE 9 APPROACH 1 (SUPPLY-SIDE): REVENUE OF OFFERINGS IN COMMUNICATION TEST & MEASUREMENT MARKET
FIGURE 10 APPROACH 2 (DEMAND-SIDE): SPENDING AT EACH LEVEL IN COMMUNICATION TEST & MEASUREMENT MARKET
FIGURE 11 COMMUNICATION TEST AND MEASUREMENT MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
2.2.1 TOP-DOWN APPROACH
2.2.2 BOTTOM-UP APPROACH
2.3 DATA TRIANGULATION
FIGURE 12 DATA TRIANGULATION
TABLE 3 FACTOR ANALYSIS
2.4 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS
2.6 RECESSION IMPACT ON MARKET
3 EXECUTIVE SUMMARY
FIGURE 13 COMMUNICATION TEST & MEASUREMENT MARKET, 2022-2029 (USD MILLION)
FIGURE 14 COMMUNICATION TEST & MEASUREMENT MARKET: REGIONAL SHARE, 2024
4 PREMIUM INSIGHTS
4.1 BRIEF OVERVIEW OF COMMUNICATION TEST & MEASUREMENT MARKET
FIGURE 15 GROWING DEPLOYMENT OF 5G NETWORKS TO OPEN OPPORTUNITIES IN COMMUNICATION TEST & MEASUREMENT MARKET
4.2 NORTH AMERICA: COMMUNICATION TEST & MEASUREMENT MARKET, BY OFFERING AND COUNTRY
FIGURE 16 HARDWARE AND US TO ACCOUNT FOR LARGER RESPECTIVE SEGMENTAL SHARES OF MARKET IN NORTH AMERICA
4.3 ASIA PACIFIC: COMMUNICATION TEST & MEASUREMENT MARKET, BY OFFERING & TOP THREE COUNTRIES
FIGURE 17 HARDWARE AND CHINA TO ACCOUNT FOR LARGER RESPECTIVE SEGMENTAL SHARES OF MARKET IN ASIA PACIFIC
4.4 COMMUNICATION TEST & MEASUREMENT MARKET, BY END USER
FIGURE 18 TELECOMMUNICATION SERVICE PROVIDERS TO ACCOUNT FOR LARGEST MARKET SHARE
4.5 COMMUNICATION TEST & MEASUREMENT MARKET, BY TYPE OF TEST
FIGURE 19 FIELD NETWORK TEST ACCOUNT FOR RESPECTIVE LARGER MARKET SHARES
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 MARKET OVERVIEW
5.2 MARKET DYNAMICS
FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: COMMUNICATION TEST & MEASUREMENT MARKET
5.2.1 DRIVERS
5.2.1.1 Growth in demand for network testing
5.2.1.2 Rise in demand for automated products and need for communication test & measurement equipment
5.2.1.3 Rise in demand for bandwidth and traffic inspection
5.2.1.4 Rapid technological advancements
5.2.2 RESTRAINTS
5.2.2.1 Price sensitivity
5.2.2.2 Lack of standardization
5.2.3 OPPORTUNITIES
5.2.3.1 Deployment of 5G networks
5.2.3.2 Advent of quantum communication testing
5.2.4 CHALLENGES
5.2.4.1 Keeping pace with continually changing technologies
5.2.4.2 Security and privacy concerns
5.3 INDUSTRY TRENDS
5.3.1 BRIEF HISTORY OF COMMUNICATION TEST & MEASUREMENT MARKET
FIGURE 21 BRIEF HISTORY OF COMMUNICATION TEST & MEASUREMENT
5.3.1.1 2000-2010
5.3.1.2 2010-2020
5.3.1.3 2020-Present
5.3.2 DISRUPTIONS IMPACTING BUYERS/CUSTOMERS IN MARKET
FIGURE 22 DISRUPTION TRENDS IMPACTING BUYERS/CUSTOMERS IN COMMUNICATION TEST & MEASUREMENT MARKET
5.3.3 PRICING ANALYSIS
5.3.3.1 Average selling price trend of key players, by offering
FIGURE 23 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY OFFERING (USD)
TABLE 4 AVERAGE SELLING PRICE OF KEY PLAYERS, BY OFFERING (USD)
5.3.3.2 Indicative pricing analysis of communication test & measurement, by offering
TABLE 5 INDICATIVE PRICING ANALYSIS OF COMMUNICATION TEST & MEASUREMENT, BY OFFERING (USD)
5.4 VALUE CHAIN ANALYSIS
FIGURE 24 COMMUNICATION TEST & MEASUREMENT MARKET: VALUE CHAIN ANALYSIS
5.5 ECOSYSTEM
FIGURE 25 COMMUNICATION TEST & MEASUREMENT ECOSYSTEM
TABLE 6 COMMUNICATION TEST & MEASUREMENT MARKET: ECOSYSTEM
5.6 TECHNOLOGY ANALYSIS
5.6.1 KEY TECHNOLOGIES
5.6.1.1 Internet of Things (IoT)
5.6.1.2 5G
5.6.1.3 NLP
5.6.2 ADJACENT TECHNOLOGIES
5.6.2.1 Signal Processing
5.6.2.2 Embedded systems
5.6.3 COMPLEMENTARY TECHNOLOGIES
5.6.3.1 Edge Computing
5.6.3.2 Data Analytics
5.7 PATENT ANALYSIS
5.7.1 METHODOLOGY
FIGURE 26 LIST OF MAJOR PATENTS FOR COMMUNICATION TEST & MEASUREMENT
TABLE 7 LIST OF MAJOR PATENTS
5.8 HS CODE: OSCILLOSCOPES AND OSCILLOGRAPHS (903020)
5.8.1 EXPORT SCENARIO
TABLE 8 EXPORT SCENARIO FOR HS CODE: 903020, BY COUNTRY, 2020-2022 (USD THOUSAND)
5.8.2 IMPORT SCENARIO
TABLE 9 IMPORT SCENARIO FOR HS CODE: 903020, BY COUNTRY, 2020-2022 (USD THOUSAND)
5.9 CASE STUDIES
5.9.1 TIER-1 US SERVICE PROVIDER DELIVERED HIGH-PERFORMANCE, RELIABLE IOT SERVICES OVER MOBILE NETWORK USING SPIRENT'S SOLUTION
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
12.2 OTHER COMPANY PROFILES
12.2.1 HAMMER
12.2.2 CALNEX SOLUTIONS
12.2.3 LUNA INNOVATIONS
12.2.4 NETSCOUT
12.2.5 CISCO
12.3 SMES/STARTUPS
12.3.1 LITEPOINT
12.3.2 SYSMECH
12.3.3 VEEX
12.3.4 TEOCO CORPORATION
12.3.5 NETALLY
12.3.6 THINKRF
12.3.7 KYRIO
12.3.8 FASTECH TELECOMMUNICATIONS
12.3.9 EAGLE PHOTONICS
12.3.10 VERKOTAN
13 ADJACENT/RELATED MARKETS
13.1 INTRODUCTION TO ADJACENT MARKETS
TABLE 240 ADJACENT MARKETS AND FORECASTS
13.2 LIMITATIONS
13.3 TEST AND MEASUREMENT EQUIPMENT MARKET
13.3.1 MARKET DEFINITION
TABLE 241 TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2019-2022 (USD MILLION)
TABLE 242 TEST AND MEASUREMENT EQUIPMENT MARKET, BY PRODUCT TYPE, 2023-2028 (USD MILLION)
TABLE 243 TEST AND MEASUREMENT EQUIPMENT MARKET, BY SERVICE TYPE, 2019-2022 (USD MILLION)
TABLE 244 TEST AND MEASUREMENT EQUIPMENT MARKET, BY SERVICE TYPE, 2023-2028 (USD MILLION)
TABLE 245 TEST AND MEASUREMENT EQUIPMENT MARKET, BY VERTICAL, 2019-2022 (USD MILLION)
TABLE 246 TEST AND MEASUREMENT EQUIPMENT MARKET, BY VERTICAL, 2023-2028 (USD MILLION)
TABLE 247 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2019-2022 (USD MILLION)
TABLE 248 TEST AND MEASUREMENT EQUIPMENT MARKET, BY REGION, 2023-2028 (USD MILLION)
13.4 WIRELESS TESTING MARKET
13.4.1 MARKET DEFINITION
TABLE 249 WIRELESS TESTING MARKET, BY OFFERING, 2018-2021 (USD MILLION)
TABLE 250 WIRELESS TESTING MARKET, BY OFFERING, 2022-2027 (USD MILLION)
TABLE 251 WIRELESS TESTING MARKET, BY TYPE, 2018-2021 (USD MILLION)
TABLE 252 WIRELESS TESTING MARKET, BY TYPE, 2022-2027 (USD MILLION)
TABLE 253 WIRELESS TESTING SERVICE MARKET, BY TYPE, 2018-2021 (USD MILLION)
TABLE 254 WIRELESS TESTING SERVICE MARKET, BY TYPE, 2022-2027 (USD MILLION)