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.  

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