Frost & Sullivan: Increasing Mobile Data Traffic Fueled by Rapid Smart Device Adoption Drives Global Wireless Test Equipment Market
Keeping up with evolving technologies and offering customer-centric solutions will be crucial for LTE vendor success
MOUNTAIN VIEW, Calif., Nov. 13, 2013 /PRNewswire/ -- The global wireless test equipment market is growing rapidly as developments in the wireless communications industry, including increased smart device adoption, higher mobility, explosive mobile data traffic growth, imminent long-term evolution (LTE), as well as LTE-advanced deployments, gather pace. The escalating use of smart devices, in particular, is changing the mix of network traffic from mostly voice to integrated voice, video and data, spurring the need for solutions to test performance, capacity, and a network's handling of integrated voice, video and data.
New analysis from Frost & Sullivan (http://www.testandmeasurement.frost.com), Global Wireless Test Equipment Market, finds that the market earned revenue of more than $3.38 billion in 2012 and estimates this to reach $5.57 billion in 2019. The research covers the product segments of mobile device test equipment, base station test equipment, drive test equipment, and mobile backhaul and wireless core test equipment.
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"Demand for wireless test equipment is on the rise because testing facilitates early-market delivery and aids the entire supply chain of component manufacturers, handset manufacturers, operators, and laboratories in getting through the R&D cycle quickly without compromising on quality," said Frost & Sullivan Communications Test & Measurement Program Manager Olga Shapiro. "Furthermore, wireless test equipment enables service providers to not only comply with industry standards, but also roll out high-quality products and services that exceed customer expectations."
Notwithstanding this, several factors curb market development. For instance, the considerable rise in data rates has not translated into significant revenue for service providers, in turn affecting their investment in test equipment. The need to upgrade network infrastructure to newer technologies such as LTE in order to keep up with faster transmission demands further dips into the profits of service providers. This makes it all the more critical – and challenging – for test equipment manufacturers to ensure high performance and scalability among systems that collect information and provide the necessary metrics.
"Wireless test equipment vendors must maintain adequate support for existing technologies, while continuing to explore emerging technologies in order to ensure a positive quality of experience and service," advised Shapiro. "Building long-term relationships with customers and understanding their changing requirements will further enable equipment suppliers to stay on top of technological innovation and provide test solutions that yield notable returns on investment."
Global Wireless Test Equipment Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan's related research services include: Global LTE Test Equipment Market, Global M2M Test Equipment Market, Global Customer Experience Monitoring Market, In-depth Analysis of the Global Portable/Handheld Test Equipment Market, Global Cloud Infrastructure Testing Market, and Global Wireless Protocol Analyzers, Load Stress Generators and Functional Test, and Network Monitoring Systems Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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