San Jose, California (PRWEB) September 17, 2013
Follow us on LinkedIn – In the coming months, GIA will complete an extensive secondary and primary research program involving some of the industry’s leading players and experts. The study will examine key drivers and trends impacting the market such as strong emphasis on design and validation of wireless communication networks, platforms and devices; surging demand for faster data transfer rates; growing focus of mobile operators to deliver enhanced services using next-generation networks; increasing deployment of LTE networks like 4G and the ensuing need for testing solutions during installation and maintenance; and growing popularity of integrated “one-box” testing platforms.
Defined as an integrated test solution capable of testing multiple standards and parameters with the help of a single device, one-box test solutions are forecast to witness strong growth in the coming years. Key benefits driving the adoption of one-box test solutions include ease of use, compact form factor, space conservation, lower energy consumption, lower cost per device and per test, superior cost-to-benefit ratio and lower upfront procurement costs, among others. Especially against a backdrop of intense time-to-market pressure, the time savings offered by one-box test solutions is a key driver spurring growth in the market. Featuring multiple test capabilities in a single box, One-Box Wireless Test Equipment offers integrated test solutions for use in the wireless communication industry. Advancements in wireless communication such as new standards and specifications are offering significant growth opportunities for test equipment.
A major factor driving demand is the increasing deployment of 3G and 4G networks around the world. Availability of high speed networks, explosive adoption of smartphones and connected devices and subsequent rise in data consumed is fostering consumer demand for faster data rates, thereby compelling service providers to roll out advanced wireless technologies such as 4G. Strong demand is expected to stem from both product development testing and conformance testing needs. Expansion of wireless network infrastructure and growing load on these networks is creating the need to continuously validate the ability of these networks to support high-quality services, thus benefiting demand for wireless network test solutions like Quality of Service (QoS) testing. Key reasons cited for wireless network congestion and overload include increased mobile network connection speeds, rise in the number of mobile devices accessing mobile networks, and growing use of location-based services, and mobile banking services, among others.
The study estimates the global One-Box Wireless Test Equipment market to be a multi-million dollar market, while more precise market-size and growth projections will be made available during the 2nd stage of report preparation, and data analysis.
The research and analyses will be released shortly in the form of a comprehensive research report. The report by design will attempt to provide exhaustive analysis, data, trends, market share, market size, statistics, forecasts and competitive intelligence. The report is modeled to offer precise and unbiased, actionable market insights including in-depth segmentation of market sub-sectors, demand estimates and projections and analysis of trends in each of the sectors, identification of leading players, and the competitive structure, among others.
Developed for Manufacturers/Vendors, Strategic Planners, Business Development Executives, Management Consultants, Investment Bankers, Consulting Firms, Marketing & Sales Executives, C-Level Decision Makers, Market Strategists and Technology Domain Experts, the report helps to identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.
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About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
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