This comprehensive report forecasts the global T&M equipment market to grow at a CAGR of 5.21% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: End-users of T&M equipment are facing problems due to incompatibility issues between products that are meant to work together but do not. This issue is becoming a challenge for vendors of T&M equipment, as it results in the loss of potential customers. Therefore, it has become a standard procedure for vendors to conduct the interoperability test to ensure compatibility with different products. Interoperability is expected to take place shortly, wherein vendors are expected to manufacture products based on specified standards.
According to the report, communication T&M solutions are being adopted widely by end-users such as telecommunication service providers, mobile device manufacturers, network equipment manufacturers, and telecommunication service providers, which have led to market growth worldwide.
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?