Wireless Network Test Equipment Market Rising Trends, Business Opportunities and Growth Outlook with Major Players

Wireless network test equipment helps organizations to improve their network performance by inspecting each aspect of the network process. Wireless network test equipment is extensively adopted by enterprises due to rising need for maintenance and optimized performance of the network.

An increase in the volume of data generated globally is expected to drive the ****** wireless network test equipment market in the coming years. Demand for wireless network test equipment is expected to increase due to the need for better infrastructure solutions. A structured cabling system offers faster data transfer speeds. Furthermore, rise in the use of Internet of Things (IoT) across industry verticals and increase in automation processes is expected to fuel the structured wireless network test equipment market in the near future. Increase in Internet penetration and rise in adoption of digital services have led to an exponential rise in the volume of sensitive data generated. Government initiatives for promoting digitization, development of advanced infrastructure, and a rise in population are expected to fuel the ****** wireless network test equipment market. Government initiatives across several countries (such as India) for free Wi-Fi services are estimated to create significant opportunities for the market during the forecast period.

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The the ****** wireless network test equipment market can be segmented based on component,  network technology, enterprise size, industry vertical and geography. The market can be divided based on component into product type and professional services. The product type segment is further segmented into monitoring equipment, drive test equipment, SON testing equipment, site test equipment, mobile device test, OSS equipment and others. The professional services can be classified into installation and support & maintenance.  Based on network technology, the market can be classified into 2G, 3G, 4G, and 5G. 4G network technology is estimated to account for the highest market share in 2019. However, 5G network technology is expected to have significant impact over the forecast period due to emergence of 5G technology in industry applications. In terms of enterprise size, the market can be categorized into small-medium size enterprises and large enterprises. The market can be segmented in terms of industry verticals into BFSI, IT and telecom, healthcare, energy and utilities, media and entertainment, manufacturing, retail, legal, education, hospitality and others (construction etc.). It and telecom industry vertical is expected to account for significant market share owing to growth of network technology.

Based on region, the ****** wireless network test equipment market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to dominate the market during the forecast period. This is due to the strong presence of the telecommunication industry and established telecommunication providers in the region.  Asia Pacific is expected to dominate the market over the forecast period due to the largest number of telecommunication subscribers and rise in adoption of internet of things devices. In Asia Pacific, China has the highest number of telecommunication subscribers. The market is also growing at a substantial rate due to strong adoption of IoT technology. India is expected to create significant incremental opportunity owing rise in telecommunication users and increase in smartphone users.

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Companies in the wireless network test equipment market are focusing on expanding their business through strategic partnerships. Technological developments in networking also increase competitiveness. Key companies operating in the ****** wireless network test equipment market are Anritsu Corporation, Infovista Company, Keysight Technologies Inc., Rohde & Schwarz GmbH & Co KG, VIAVI Solutions Inc., Accuver Co., Ltd., Dingli Corporation, Empirix Inc., Spirent Communications plc., XFO (US), TEOCO Corporation,  Airtrace, Digital Lightwave Inc., Fluke Networks, Gemalto, RCR Wireless, and OdiTek Solutions.