Network analyzers: Key market research findings
- The Americas dominate the market globally
- Telecom sector accounts for a majority of the market’s revenue
- Key vendors – National Instruments, Anritsu, Rohde & Schwarz, Keysight, and IME
Technavio’s market research analysts predict the global market for network analyzers to grow at a CAGR of over 5% between 2016 and 2020. The growth of this market is augmented by the increase in data traffic across the globe. Mobile data traffic is growing due to the increasing use of higher bandwidth-consuming applications and services. With increasing mobile data usage generating more traffic on the network, mobile operators require testing to boost their quality of service. During 2015, the global network analyzer market was dominated by the Americas with a market share of around 38%. The growth of the telecom sector coupled with the increased adoption of technologies like video streaming and m-payment will fuel the demand for network analyzers in the Americas during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the network analyzer segments based on the end-user.
“The emergence of 5G networks is an upcoming trend in the market currently. This development is brought about by the increase in the number of mobile users, loads on mobile networks, as well as the emergence of IoT. These networks enable the use of unused frequency bands, such as the V band, to transport large amounts of data,” says Anju Ajaykumar, Lead Analyst, Heavy Industry, Technavio Research.
By 2020, the telecom sector will continue its dominance over the global market by accounting for more than 40% of the overall market revenue. Network analyzers are used for measuring the amplitude and phase difference in GSM, GPRS, EDGE, Wideband CDMA, UMTS, HSDPA, CDMA2000 and other telecommunications. The growth in the telecom sector is prompting vendors to introduce new technologies to address the needs of the market. The increasing adoption of smart devices is resulting resulted in growth of the network analyzers market globally.
The key vendors in the market include National Instruments, Anritsu, Rohde & Schwarz, Keysight, and IME. The market is dominated by conglomerates that have consolidated their position through various mergers and acquisitions. These players pose a tough challenge for smaller regional players in terms of product differentiation and affordability. To sustain the market competition, vendors need to offer their products at lower prices as the manufacturing costs of network analyzers are significantly high. The established players in the market are making huge investments in the R&D, which has led to the exit of smaller vendors from the market as they cannot afford such high investments.
A more detailed analysis is available in the Technavio report, Global Network Analyzers Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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