(PRWEB) October 30, 2014 -- The North America Communications Test and Measurement market report defines and segments the concerned market in North America with analysis and forecast of revenue. This market is estimated to grow from $1,425.5 million in 2013 to $1,906.7 million by 2018, at a CAGR of 6.0% from 2013 to 2018.
Browse through the TOC of the North America Communications Test and Measurement market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in the market, and is supported by various tables and figures.
The demand for Communications Test and Measurement (CT&M) solutions is increasing at a high rate owing to the proliferation of the telecommunication industry. Communication service providers use CT&M solutions in order to operate broadband/IP networks (fixed and mobile) and to deploy triple and quad-play services (voice, video, data and wireless). The equipment and services of this market are used at all phase of product development life cycle starting from R&D, manufacturing, installation, and maintenance. CT&M equipment and services provide visibility into end-user experience and facilitate repair, calibration, instrument management, deployment and maintenance of networks. Thus, these solutions enable the broadband service providers to deliver high-quality experience (QoE) to their users and to ensure effective management of services such as, Voice over Internet Protocol (VoIP) and Internet Protocol TV (IPTV) services.
There is a rapid increase in the mobile connectivity speed which is acting as a driver for Communications Test and Measurement market in North America. Various organizations operating in this region are fully dependent on the communication technology. The demand for 4G networks is increasing in this region, due to the adoption of smart devices by North American people which in turn has created a huge market for CT&M equipment and services. It is estimated that the number of 4G connections in this region has grown from 80 million to almost 667 million from 2013 to 2018.
Speak to Analyst @
The North America Communications Test and Measurement market is segmented and forecast on the basis of components, solutions, and end-users. The components of the market are CT&M Equipment and CT&M Services. The Solutions are Wireless Test Solutions and Wireline Test Solutions. The End-users of the market include Enterprises, Mobile Device Manufacturers, Network Equipment Manufacturers, and Telecommunication Service Providers. The market is further segmented on the basis of major countries in this region such as the U.S. and others.
Early buyers will receive 10% customization on this report.
The report also includes market share and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Europe Communication Test and Measurement (CT&M) Market
The European communication test and measurement market is expected to grow from $0.86 billion in 2013 to $1.32 billion by 2018, at a CAGR of 9.0% during the period 2013 to 2018. The market is primarily driven by the demand by telecom operators for high bandwidth and efficient delivery of data (text, voice, and video).
The communication test and measurement market has grown rapidly in recent years, and further growth will depend highly on the growth of the telecommunication market. The increased demand for networks such as 2G, 3G, and 4G by subscribers, along with operators moving towards LTE technology, is fueling the communication test and measurement market. The communication test and measurement product helps the network providers and broadband service providers to deliver high quality voice data and signals over mobile and fixed networks.
The countries in the European region are still deploying the 4G communications technology and almost 60% of the region has been covered till date. The growth in the number of 4G connections will create and push the market for CT&M solutions such as wireless test equipment, test performance, and network management.
About MicroMarket Monitor :
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.
Mr. Chandrasekhar K., MicroMarket Monitor, http://www.micromarketmonitor.com/, +91 9881155004, [email protected]
SOURCE MicroMarket Monitor