An Incisive, In-depth Analysis on the g Tester Market
This study offers a comprehensive, 360 degree analysis on the g Tester market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global g Tester market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
With rapid advancements in cellular connectivity, the emergence of 5G technology is expected to set a new milestone in the market. The rapid penetration of smartphones and other connected devices in developing countries, such as Bangladesh, India, China and others, is expected to boost the demand for these devices in the region. These factors are expected to fuel the 5G market, contributing to the growth of the 5G tester market.
Many of the leading telecommunication service providers, such as AT&T, Verizon and others, are rapidly adopting 5G networks with the help of 5G testers. These companies are partnering with the leading manufacturers of connected devices to use 5G testers for checking the working of 5G networks. For sustaining in the global market, the establishment of 5G network connections with successful tests is becoming one of the important factors for telecommunication service providers, and this factor is boosting the 5G tester market significantly. The need for using 5G testers is increasing as testing is an irreplaceable part of the network establishment, which is boosting the demand for 5G testers.
Oscilloscopes, signal generators, signal analysers and network analysers are among the prominent 5G tester devices used for the establishment of 5G network connections. Telecommunication service providers, mobile device manufacturers and others are using 5G tester devices for checking the signal, connectivity and the working of devices connected to this network. In addition, constant advancements in 5G testers are also making it easier to use these compact-sized devices. The above-mentioned factors are some of the key factors fuelling the adoption of 5G testers.
Rising Demand for Enhanced Network Connectivity across the Globe
Smartphone penetration is increasing mobile data traffic, and this factor is creating the need for more efficient and enhanced versions of spectral efficiency. Post 2G, 3G and 4G; 5G network connectivity is expected to register its unique position owing to its high speed. The increasing demand for more advanced network connectivity between smart connected devices, such as autonomous driving, smart home devices, healthcare devices and others, is creating new application areas for 5G technology. The implementation of 5G networks requires 5G testers for conducting the required network activities. These changing customer and industrial expectations are boosting the demand for 5G tester devices and ultimately driving the 5G tester market. Moreover, trends such as BYOD (Bring your Own Device) are boosting the adoption of 5G testers as they are used for the successful implementation of 5G networks.
2019: The Trial Period for 5G Technology in Several Countries
In 2019, 4G is expected to dominate the network technology market with more than 3 Billion connections. In this year, 5G is expected to undergo multiple testing series using 5G testers at different geographical locations. Testing activities with the help of 5G testers are increasing as it is necessary to launch 5G products in a particular market. These factors are expected to create potential opportunities for the leading manufacturers of 5G testers, which include Anritsu, Keysight Technologies and others.
Moreover, several 5G-enabled devices are expected to enter the market in 2019 and 2020, which include connected and automatic cars, healthcare devices and others, and this is expected to boost the adoption of 5G testers. The importance of testing 5G networks is rising before the launching of various devices backed by 5G technology, which is another factor boosting the 5G tester market.
Increasing Focus on R&D for Effective 5G Implementation to Push Prospects of 5G Tester
Leading players in network connectivity, such as Verizon, AT&T and others, are rigorously undergoing testing activities in terms of implementing a secure, reliable 5G network in the devices. Some of the developed countries, such as the U.S., UK, Japan and others, are highly focused on the commercialisation of 5G networks. Moreover, the presence of leading telecom service providers in these countries is high, which makes them the early adopters of new technologies such as 5G. Hence, the demand for 5G testers is increasing significantly for conducting experiments for the successful implementation of 5G networks, which is fuelling the growth of the 5G tester market in these regions.
In addition, most of the countries are planning to commercialise 5G services between 2018 to 2020, however, some countries, such as China, the U.S., Australia, South Korea and some of the GCC countries, This funding is divided among multiple areas, which include project mapping, testing, transportation, 5G security and others. This funding for 5G trials and testbed facilities is increasing, which is another are planning to launch 5G networks earlier than they have announced. This launching of 5G network requires the usage of 5G testers for the testing of the network establishment, which includes the bandwidth, frequency and others.
Government Funds Favoring Establishment of 5G Network
To hold a prominent position in the global 5G market, developed countries with high disposable incomes are planning to establish as well as commercialise 5G networks.
For example, in August 2018, the U.K. government announced the allocation of funding worth US$ 1.29 Bn (EUR 1 Billion) for the commercialisation of 5G.
Governments are also focusing on boosting the applications of 5G by investing into new applications and target untapped sectors
For example, In March 2018, the UK government announced a funding of US$ 28.40 Mn (~25 Mn Euros) for seeking new applications of 5G other than communication.
These increasing government initiatives for conducting research activities is also boosting the adoption of 5G testers. The increasing demand for establishing advanced 5G networks in different industry verticals, such as automotive, IT, telecommunications and others, is boosting the 5G tester market. The need for fast and reliable networks is increasing and end users are also demanding 5G testers to conduct tests and enable connectivity between devices.
Some of the key players of the 5G tester market are Anritsu, Keysight Technologies, Rohde & Schwarz, VIAVI Solutions Inc., Spirent Communications and LitePoint. These 5G testers are expected to witness increasing demand due to the increasing adoption of 5G testers for conducting tests and checking the network feasibility.
Future Market Insights (FMI) offers an 8-year forecast for the 5G tester market between 2019 and 2027. In terms of value, the 5G tester market is expected to register a double-digit CAGR during the forecast period. The study provides the global market dynamics and trends across six regions: North America, Latin America, Europe, Japan, APEJ and MEA, which influence the current nature and the future status of the 5G tester market over the forecast period.
5G Tester Market Report Description
This research report provides a detailed analysis of the 5G tester market and offers insights on the various factors driving the popularity of 5G testers. The 5G tester market report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The 5G tester market study provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The 5G tester market report includes the market segmentation on the basis of product type, end user, industry and region.
The 5G tester market is expected to witness significant value and volume growth during the forecast period, driven by the increasing focus of industries including automotive, IT & telecommunications and others for integrating 5G technology into their products.
The global 5G tester market report starts with an overview of the 5G tester market in terms of value and volume. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the 5G tester market.
On the basis of product type, the 5G tester market has been segmented into network analysers, signal analysers, signal generators and oscilloscope. On the basis of end-user, the 5G tester market has been segmented into network equipment manufacturers, mobile device manufacturers and telecommunication service provider. On the basis of industry, the 5G tester market has been segmented into IT & telecommunication, automotive, healthcare, media & entertainment and others.
A detailed analysis has been provided for every segment in terms of the market size analysis of the 5G tester market across different regions. This section provides a detailed analysis that cover the key trends prevalent in the global 5G tester market.
The next section of the global 5G tester market report covers a detailed analysis of the 5G tester market across various countries in the region. It provides an outlook for the 5G tester market for 2019–2027, and sets the forecast within the context of the 5G tester market. This study discusses the key trends within the countries contributing to the growth of the 5G tester market as well as analyses the degrees at which the drivers are influencing 5G tester market in each region. The key regions and countries assessed in the 5G tester market report include North America (the U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, U.K., Spain, France, Russia & the Rest of Europe), Japan, APEJ (China, South Korea, India, Singapore, Australia & the rest of APEJ) and MEA (GCC Countries, Israel, South Africa & the rest of MEA). This report evaluates the present scenario and the growth prospects of the 5G tester market across various regions globally for the period 2019 –2027. We have considered 2017 as the base year and provided data for the remaining 12 months.
To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the 5G tester market is expected to grow in the future. Given the characteristics of the global 5G tester market, we have triangulated the outcomes of the different types of analysis based on the technology trends.
As previously highlighted, the global 5G tester market has been split into a number of segments. All segments on the basis of product type, end user, industry and region have been analysed in terms of basis points to understand the relative contribution of each individual segment to the growth of the 5G tester market. This detailed information is important for the identification of the various key trends in the global 5G tester market.
In addition, another key feature of the global 5G tester market report includes the analysis of all the key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market, however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify the potential resources from a sales and delivery perspective in the global 5G tester market.
In the final section of the global 5G tester market report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the 5G tester market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a segment of the 5G tester supply chain and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the 5G tester market. Some of the key competitors covered in the 5G tester market report are Anritsu, Keysight Technologies, Rohde & Schwarz, VIAVI Solutions Inc., Spirent Communications, LitePoint and others.
5G Tester Market Reports - Table of Contents
1. Global 5G Tester Market - Executive Summary
11. Research Methodology
12. Secondary and Primary Sources
13. Assumptions and Acronyms