Dublin, April 13, 2017 (GLOBE NEWSWIRE) -- 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
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. The wireless test equipment market witnessed the launch of an array of products. The needs of wireless telecommunication industry has been changing rapidly, requiring the market players to innovate continuously. The global players are introducing several new products to stay competitive. In 2016, over 13 types of wireless test equipment products were launched by several players. Ixia, Rohde & Schwarz, Keysight Technologies, Anritsu, Viavi and Teradyne were the major players introducing new products in this market. The major types of products launched during 2016 were multi-terabit network security test platform, conformance test solution, BER test solution, and ultraportable millimeter wave (mmWave) power analyzer. Some of the key players in the global wireless test equipment industry include Ixia, Rohde & Schwarz, Keysight Technologies, Anritsu, Viavi, Teradyne, Spirent Solutions, Cobham Plc, and National Instruments Corporation. Market Outlook 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
Impact Analysis On Market Forecast
Restraints In The Market
- Reduced Roi In Wireless Communication Market
- Long Testing Time
Impact Analysis On Market Forecast Company Profiles And Strategic Developments
- Anritsu Corporation
- Rohde & Schwarz Gmbh & Co. Kg
- Teradyne Inc.
- Viavi Solutions Inc.
- National Instruments Corporation
- Keysight Technologies Inc.
- Spirent Communications Plc
- Cobham Plc
- Ixia
For more information about this report visit http://www.researchandmarkets.com/research/x8...l_wireless
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