Global Electronic Test & Measurement Software Growth Opportunities 2021: Effective Software Testing Solutions for Increasing 5G Deployments

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Dec 15, 2021, 10:45 ET

DUBLIN, Dec. 15, 2021 /PRNewswire/ -- The "Global Electronic Test & Measurement Software Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027.

Some of the key market trends prevailing in the electronic T&M market include:

The communications and defense sectors provide growth opportunities for software test solutions with focus on big data analysis.
The need for software test solutions is gaining traction in research & development applications for faster verification analysis.
China has recovered faster than other nations across the globe leading to higher growth in the APAC region.
The GP test software segment is expected to continue to dominate the market with 88.8% of the total market share in 2020.
USB-based general purpose instruments are important for verification and quick analysis with plug-and-play option. For example, faster analysis is being offered with the latest USB 3.0 that provides data rates up to 280 megabits per second.
The global electronic T&M market generated $2,300 million in 2020, with a base year growth rate of (4.0%). The market is expected to grow once the impact of COVID-19 eases out in 2021 and beyond.

Research Highlights

In-depth analysis with market sizing of product segments, which are General Purpose (GP) Test Software (Oscilloscopes, Digital Multimeters, Signal Generators, Spectrum Analyzers, Network Analyzers, Power Meters, Logic Analyzers, Electronic Counters, One-box testers, Bit Error Rate Testers (BERT), Protocol Analyzers), and Data Acquisition (DAQ) Software (PCI, PXI, USB, Ethernet, VXI, Proprietary standard DAQ equipment).
Regional perspective of the demand pattern in various advanced and emerging markets, namely North America, Europe, Middle East and Africa, Asia-Pacific, and Rest of World.
End-user analysis of Semiconductor, Automotive & Transportation (A&T), Aerospace/Defense (A&D), Academic, Electronics, Life Sciences, Energy, and Other (Process Manufacturing, Chemicals & Materials, Food & Beverages) industries.
Segment market growth is forecasted and an in-depth analysis of the competitive situation including vendors' market shares is included.

Key Features

The objective of this study is to identify the key trends prevailing in the market in the base year 2020, and the factors that boost and restrain market growth. It also discusses the product areas that bolster growth for the forecast period 2021 to 2027. With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2027. For this purpose, a specific methodology that includes discussion with senior management of electronic T&M manufacturers, supported by secondary research, is followed.

Key Issues Addressed

Is the market growing, how long will it continue to grow, and at what rate?
What is the impact of COVID-19 pandemic on the electronics test and measurement market?
How does the demand vary by products, and will it be consistent for the next 7 years?
Which of the end-user industry will generate the highest demand for electronic test equipment?
Is the software offered today meeting customer needs or is additional development needed?

Key Topics Covered:

1. Strategic Imperatives

2. Growth Opportunity Analysis - Electronic T&M Software Industry

Electronic T&M Software Industry Scope of Analysis
Electronic T&M Software Industry Segmentation
Key Growth Metrics for Electronic T&M Software Industry
Distribution Channels for Electronic T&M Software Industry
Growth Drivers for Electronic T&M Software Industry
Growth Driver Analysis for Electronic T&M Software Industry
Growth Restraints for Electronic T&M Software Industry
Growth Restraint Analysis for Electronic T&M Software Industry
Forecast Assumptions - Electronic T&M Software Industry
Percent Revenue by Product Type - Electronic T&M Software Industry
Percent Revenue Forecast by Product Type - Electronic T&M Software Industry
Revenue Forecast - Electronic T&M Software Industry
Revenue Forecast by Product Type - Electronic T&M Software Industry
Revenue Forecast by Sub-Product - GP Test Software
Revenue Forecast by Region - Electronic T&M Software Industry
Revenue Forecast by Industry Vertical - Electronic T&M Software Industry
Revenue Forecast Analysis - Electronic T&M Software Industry
Revenue Forecast Analysis by Region - Electronic T&M Software Industry
Revenue Forecast Analysis by Industry Vertical - Electronic T&M Software Industry
Competitive Environment - Electronic T&M Software Industry
Revenue Share - Electronic T&M Software Industry
Revenue Share Analysis - Electronic T&M Software Industry

3. Growth Opportunity Analysis - General Purpose Test Software

Key Growth Metrics for GP Test Software
Revenue Forecast - GP Test Software
Revenue Forecast by Sub-Product - GP Test Software
Revenue Forecast Analysis - GP Test Software

4. Growth Opportunity Analysis - Data Acquisition Software

Key Growth Metrics for DAQ Software
Revenue Forecast - DAQ Software
Revenue Forecast Analysis - DAQ Software

5. Growth Opportunity Universe - Electronic T&M Software Industry

Growth Opportunity 1: Open-architecture-based Software Solutions for Integrated Testing, 2020
Growth Opportunity 2: Effective Software Testing Solutions for Increasing 5G Deployments
Growth Opportunity 3: Partnership with System Integrators to offer Customized and Integrated Hardware and Software Test Solutions, 2020

For more information about this report visit https://www.researchandmarkets.com/r/ffr6qy

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