The Global Market for LAN/WAN Test Equipment is Projected to Reach US$1.7 Billion by 2022
Growing Deployment of Fiber Optic and Wireless Networks
to Drive Growth in the Global LAN/WAN Test Equipment Market, According to a New
Report by Global Industry Analysts, Inc.
GIA launches comprehensive
analysis of industry segments, trends, growth drivers, market share, size and
demand forecasts on the global LAN/WAN Test Equipment market. The global market for LAN/WAN Test Equipment is
projected to reach US$1.7 billion by 2022, driven by growing deployment of fiber optic and wireless
communication networks, and rising investments in sophisticated IT
infrastructure in the enterprise sector.
Local Area Network (LAN)
and Wide Area Network (WAN) test equipment including protocol analyzers,
performance analyzers, stress testers, conformance testers, and interoperability
test systems among others, are utilized for validating, monitoring and
maintaining communication service networks and enterprise IT networks. LAN/WAN
test equipment are of high utility for communication services providers (CSPs)
including telecom carriers, wireless network operators, internet service
providers (ISPs) and cloud-service providers; enterprises of various sizes
including SMBs, large enterprises, MNCs and governmental agencies; and network
equipment manufacturers (NEMs). While CSPs leverage the proficiency of LAN/WAN
test equipment in managing their telecom, datacom, fiber optics, wireless and
cloud networks; enterprises prefer test solutions to maintain their IT
networks; and NEMs seek test platforms to develop robust, flexible, and
versatile networking technologies for meeting the ever-growing needs of network
technologies markets. Role of LAN/WAN test equipment remains pivotal in network
functions such as network mapping, cable testing, network diagnostics, in-line
testing, endpoint testing, VoIP testing and Wi-Fi testing among others.
LAN/WAN test equipment
market exhibited rapid expansion in recent years and the momentum is expected
to remain intact in the coming years. Escalating demand for quality test
equipment in research & development (R&D), production, and installation
& maintenance of sophisticated network equipment in fixed line, mobile,
wireless and Internet broadband markets is fuelling market expansion. At the
same time, soaring demand for high bandwidth, multimedia capabilities, video
conferencing, and faster connectivity networks in general as well as enterprise
consumer markets is generating parallel opportunities for network test
solutions. Simultaneously,
industry-proven proficiency of LAN/WAN test equipment in augmenting bandwidth
requirements and in development of fiber-to-the-x (FTTx) networks will contribute
significantly to market growth. the growing adoption of 40GB, 100GB and ultra-100GB Ethernet networks, passive optical networks (PONs), virtual private
networks (VPNs), Voice over Internet Protocol (VoIP) and Voice over LTE (VoLTE)
technologies will play a pivotal role in shaping future growth in the market.
As stated by the new
market research report on LAN/WAN Test Equipment, the United States represents the largest market
worldwide. Asia-Pacific ranks as the fastest growing market with a projected CAGR
of 7.4% over the analysis period led by factors such as growing spending on
advanced communication network implementations; increased emphasis on building sophisticated
IT infrastructure in the expanding enterprise sector in emerging Asian
countries such as China, India, South Korea, and South East Asian countries; and
rapidly growing data traffic and the ensuing need to test network speed,
performance, bandwidth and throughput, among others.
Major players covered in
the report include Anritsu Corporation, AOIP, Averna, Digital Lightwave, EXFO
Inc., Fluke Corporation, Fortive Corporation, Greenlee Textron Inc., Harris
Corporation, IDEAL INDUSTRIES, INC., Ixia, Keysight Technologies Inc., NetScout
Systems Inc., Spirent Communications plc, Tektronix Inc., Teledyne LeCroy, VeEX
Inc., Viavi Solutions Inc., Wilcom Inc., and Yokogawa Electric Corporation.
The research report titled
“LAN/WAN Test Equipment: A Global Strategic Business
Report” announced by Global Industry
Analysts Inc., provides a comprehensive
review of market trends, issues, drivers, mergers, acquisitions and other
strategic industry activities of global companies. The report provides market
estimates and projections in volume terms for all major geographic markets such
as the US, Canada, Japan, Europe, Asia-Pacific, and Rest of World. The report
analyzes LAN/WAN Test Equipment market by Product Segments - Protocol
Analyzers, Performance Analyzers & Stress Testers, and Conformance &
Interoperability Test Systems.
Global Industry Analysts, Inc. 6150 Hellyer
Ave., San Jose CA 95138, USA, All Rights Reserved.
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