The Communication Test and Measurement Market is Predict to reach USD 11.6 Billion by 2031, at a CAGR of 9.5%

27-May-2024 | Report Format: Electronic (PDF)

Communication Test and Measurement Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Communication Test and Measurement Market size is expected to reach $17.6 billion by 2031, rising at a market growth of 9.5% CAGR during the forecast period.

The Wireline segment is leading the Global Communication Test and Measurement Market by Test Solution in 2023, thereby achieving a market value of $11.2 billion by 2031. Wireline test solutions cater to a wide range of wired communication networks, including copper-based DSL, fiber-optic, coaxial cable, and Ethernet networks. Wireline test solutions facilitate fault detection and troubleshooting in wired communication networks, helping organizations quickly identify and resolve network issues to minimize downtime and service disruptions.

Communication Test and Measurement Market Size - By Region

The Software segment is poised to grow at a CAGR of 10.1% during (2024 - 2031). Service providers offer deployment and integration services to assist organizations in implementing and integrating communication test and measurement solutions into their existing infrastructure. These services include solution deployment, system integration, configuration, and customization, ensuring seamless integration with organizational workflows, systems, and processes. Service providers offer custom development and integration services to build tailored testing solutions and integrate them with existing systems, platforms, and workflows.

The Field Network Test segment is registering a strong potential in the Global Communication Test and Measurement Market by Type of Test in 2023 thereby, achieving a market value of $6.8 billion by 2031. Field network test is used to verify the proper deployment and installation of communication equipment, infrastructure, and networks in field environments. It ensures that equipment is installed correctly, connections are properly terminated, and configurations are accurate, helping organizations avoid deployment errors and ensure the reliability and performance of field deployments.

The Network Equipment Manufacturer segment is exhibiting a CAGR of 9.7% during (2024 - 2031). Network equipment manufacturers collaborate with other vendors and ecosystem partners to ensure interoperability and compatibility between different network elements and devices. They use communication test and measurement solutions to conduct interoperability testing, validating the compatibility of their equipment with third-party products and ensuring seamless integration into multi-vendor environments.

Full Report: https://www.kbvresearch.com/communication-test-and-measurement-market/

The North America region dominated the Global Communication Test and Measurement Market by Region in 2023 and would continue to be a dominant market till 2031; thereby, achieving a market value of $5.97 billion by 2031. The Europe region is experiencing a CAGR of 9.1% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 10.2% during (2024 - 2031).

List of Key Companies Profiled

  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Cisco Systems, Inc.
  • Fortive Corporation (Fluke Corporation)
  • Viavi Solutions, Inc.
  • Yokogawa Electric Corporation
  • Keysight Technologies, Inc.
  • Rohde & Schwarz GmbH & Co. KG
  • Calnex Solutions plc
  • Anritsu Corporation
  • Luna Innovations, Incorporated

Communication Test and Measurement Market Report Segmentation

By Test Solution

  • Wireline
  • Wireless

By Offering

  • Hardware
  • Software
  • Services

By Type of Test

  • Field Network Test
  • Network Assurance Test
  • Enterprise Test
  • Lab & Manufacturing Test

By End-user

  • Telecommunication Service Provider
  • Network Equipment Manufacturer
  • Mobile Device Manufacturer
  • Others

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