London, 26 November 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Wireless Test Equipment Market 2015-2019, which is expected to grow at a CAGR of 7.25 percent during the forecast period of 2014-2019.
“Several technologies such as 2G, 3G, LTE, and LTE-A have to be compatible with the same existing device, and this has created a need for testing equipment to test these technologies so that all technologies are seamlessly operated within the same device,” says Faisal Ghaus, Vice President of TechNavio.
“Wireless test equipment is devised to maintain the inter-operability of technologies, which will drive the market for test equipment in the future.”
Key Market Drivers
- Increased Adoption of Smart Devices
- Increased Demand from LTE Technology
- Increased Mobile Data Traffic
Key Market Trends
- Inter-operability of Technologies
- Increased R&D
- Increased M&A
Key Market Vendors
- Aeroflex Holding Corp.
- Agilent Technologies Inc.
- Anritsu Corp.
- Ixia Corp.
- JDS Uniphase Corp.
- Spirent Communications plc
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
