An Incisive, In-depth Analysis on the Lte Testing Equipment Market
This study offers a comprehensive, 360 degree analysis on the Lte Testing Equipment market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Lte Testing Equipment 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.
LTE (Long-Term Evolution) is expected to continue to develop and be deployed as it is used in wireless technology across the globe. Continuous innovations in LTE include LTE Advanced and LTE Advanced Pro, which support unlicensed frequency bands, wider bandwidths, more carrier aggregation, multi-gigabit data rates, full-dimension MIMO and others.
LTE testing equipment is used to overcome the challenges associated with the implementation. LTE testing equipment conducts various tests such as carrier test, battery test, OTA test, field test and conformance test. Also, LTE testing equipment performs the validation and optimisation of solutions to enhance the performance and lifespan of solutions. LTE testing equipment performs carrier tests for evaluating receiver diversity, beam forming, spatial multiplexing, wideband signal analysis and others as well as battery tests that require an emulated wireless link and network to perform realistic use-case analysis for the performance of carrier acceptance testing, network emulation and channel emulation. LTE testing equipment provides an OTA test for protocol handshaking, channel modelling, UE emulation and network emulation. Moreover, LTE testing equipment also performs conformance test for testing the RRM, RF, signalling functionality and performance as per 3GPP & GCF standards.
Initiatives by Governments for the Launch of 4G/5G Projects
Government of various regions are making huge investments for the roll-out of 4G/5G networks and these factors have a positive impact on the growth of LTE testing equipment market. For instance, South Korea has the highest penetration of LTE network around 97% in 2017. Telecommunication companies in South Korea are adopting LTE testing equipment for the test and measurement of LTE in multiple devices. The rapid roll-out of LTE network is expected to create high demand for LTE testing equipment worldwide. For instance -
- In September 2017, SK Telecom, wireless carrier in South Korea, expanded its LTE technology to 75 cities and 31 countries in Korea. SK Telecom provided a network with speed between 700 Mbps to 900 Mbps. These developments are creating high demand for LTE testing equipment and significantly contributing to the growth of the LTE testing equipment market.
Increasing Demand for LTE Testing Equipment from Telecommunication Service Providers
Increase in the global adoption of smartphones is leading to a rapid increase in data traffic, which is increasing the strain on the communication infrastructure. These factors are encouraging service producers across the world to upgrade to LTE networks to ensure the capacity and coverage to meet consumer requirements at affordable costs, which is boosting the demand for LTE testing equipment among telecommunication service providers. The telecommunication service providers segment of the LTE testing equipment market is expected to capture a significant market share of the global LTE testing equipment market during the forecast period.
For instance, in February 2018, VNL Limited announced the launch of a 4G LTE network in rural India. Under the ‘Make in India’ scheme, the telecom equipment manufacturer will provide LTE products with seamless connectivity at a low price.
These developments are expected to fuel the demand for LTE testing equipment in India during the forecast period.
Increasing Adoption of IoT and Upgradations in LTE Testing Equipment
Increase in spending on research and development is a key factor driving the LTE testing equipment market. Furthermore, the high adoption of Internet of Things (IoT) will create potential growth opportunities for the LTE testing equipment market during the forecast period. The rapid development of IoT is resulting in the integration of a vast network of smart cellular-connected machines and devices, which has resulted in the emergence of a wide range of new connectivity options that are influencing the growth of the global LTE testing equipment market.
- In June 2016, Qualcomm Technologies announced that it has secured over 100 designs of modems especially for the IOT concept, which also aids in the evolution of the LTE technology to get transformed into a unified, scalable IOT platform, and helps address connectivity and power challenges (as it provides long battery backup) in a wide range of applications that include industrial design, smart cities and commercial applications. These advancements and applications are expected to drive the global LTE testing equipment market.
Increasing Adoption of Smartphones in Asia Pacific Excluding Japan
The LTE testing equipment market in Asia Pacific Excluding Japan (APEJ) is expected to dominate the global LTE testing equipment market owing to the increasing adoption of smartphones and the increasing demand for high-speed Internet. The developing countries of MEA are also expected to capture a substantial share of the global LTE testing equipment market owing to the growing infrastructure in the region.
As per FMI analysis, partnerships between telecom providers & device manufacturers and advancements in LTE testing equipment are among factors that are likely to increase revenue, which is expected to enable the manufacturers of LTE testing equipment to reach new growth markets. Some of the market participants in the global LTE testing equipment market report include ROHDE&SCHWARZ; Anritsu; Agilent Technologies, Inc.; Spirent Communications; Aeroflex Inc.; Anite; Ixia; IDSU; EXFO; TEKTRONIX, INC.; Dana Ter; Fluke Corporation; Zhejiang Dingli Machinery Co., Ltd. and Keysight Technologies, Inc. Companies such as EXFO and Ixia are expected to increase their share in the LTE testing equipment market by expanding their product portfolio with technologically advanced LTE testing equipment.
LTE Testing Equipment Market Report Synopsis
Future Market Insights (FMI) offers a 8-year forecast for the LTE testing equipment market between 2019 and 2027. In terms of value, the LTE testing equipment 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 LTE testing equipment market over the forecast period.
LTE Testing Equipment Market Report Description
This research report provides a detailed analysis of the LTE testing equipment market and offers insights on the various factors driving the popularity of LTE testing equipment. The LTE testing equipment market report includes an extensive analysis of the key industry drivers, challenges, market trends and market structure. The LTE testing equipment market study provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The LTE testing equipment market report includes market segmentation on the basis of type, application, end-user and region.
The LTE testing equipment market is expected to witness significant value and volume growth during the forecast period, owing to the high penetration of LTE in various countries around the world and the increasing adoption of mobile phones. .
The global LTE testing equipment market report starts with an overview of the LTE testing equipment 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 LTE testing equipment market.
On the basis of type, the LTE testing equipment market has been segmented into OTA Test, Carrier Test, Battery Test, Conformance Test and Field Test. On the basis of application, the LTE testing equipment market has been segmented into research and development, manufacturing, installation and monitoring. On the basis of end-user, the LTE testing equipment market has been segmented into network equipment manufacturer, mobile device manufacturer and telecommunication service provider.
A detailed analysis has been provided for every segment in terms of market size analysis for the LTE testing equipment market across different regions. This section provides a detailed analysis covering the key trends prevalent in the global LTE testing equipment market.
The next section of the global LTE testing equipment market report covers a detailed analysis of the LTE testing equipment market across various countries in the region. It provides an outlook for the LTE testing equipment market for 2019–2027, and sets the forecast within the context of the LTE testing equipment market. This study discusses the key trends within the countries contributing to the growth of the LTE testing equipment market as well as analyses the degrees at which the drivers are influencing LTE testing equipment market in each region. The key regions and countries assessed in the LTE testing equipment 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, India, Malaysia, 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 LTE testing equipment market across various regions globally for the period 2019 –2027. We have considered 2018 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 LTE testing equipment market is expected to grow in the future. Given the characteristics of the global LTE testing equipment market, we have triangulated the outcomes of different types of analysis based on the technology trends.
As previously highlighted, the global LTE testing equipment market has been split into a number of segments. All segments on the basis of type, end-user, application and region have been analysed in terms of basis points to understand the relative contribution of each individual segment to the growth of the LTE testing equipment market. This detailed information is important for the identification of various key trends in the global LTE testing equipment market.
In addition, another key feature of the global LTE testing equipment 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 LTE testing equipment market.
In the final section of the global LTE testing equipment 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 LTE testing equipment 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 LTE testing equipment 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 LTE testing equipment market. Some of the key competitors covered in the LTE testing equipment market report are ROHDE&SCHWARZ; Anritsu; Agilent Technologies, Inc.; Spirent Communications; Aeroflex Inc.; Anite; Ixia; IDSU; EXFO; TEKTRONIX, INC.; Dana Ter; Fluke Corporation; Zhejiang Dingli Machinery Co, Ltd. and Keysight Technologies, Inc.
LTE Testing Equipment Market Reports - Table of Contents
1. Global LTE Testing Equipment Market - Executive Summary
11. Research Methodology
12. Secondary and Primary Sources
13. Assumptions and Acronyms