The Global Market for LAN/WAN Test Equipment is Projected to Reach US$1.7 Billion by 2022
Growing
Deployments 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 & interoperability test systems, are utilized for
validating, monitoring and maintaining communication networks of various types.
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, and MNCs; 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 respective IT
networks on a full-fledged scale, and NEMs seek test platforms to develop
robust and versatile networking technologies that suffice the pressing needs of
network technologies markets. Role of LAN/WAN test equipment remains pivotal in
network functions such as network mapping, cable testing, in-line testing, endpoint
testing, VoIP testing, Wi-Fi testing and network diagnostics.
LAN/WAN test equipment market exhibited rapid
expansion in recent years and the momentum is expected to remain intact in the immediate
term. 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 domains 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. 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
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 driven by growing spending on
advanced communication network implementations; increased emphasis on building sophisticated
enterprise IT infrastructure in China, India, South Korea, and South East Asia;
and rapidly growing data traffic and the ensuing need to test network speed,
performance, bandwidth and throughput, among others.
Major players in the market include Anritsu
Corporation, AOIP, Averna, EXFO Inc., Fortive Corporation, Fluke Corporation,
Tektronix Inc., Greenlee Textron Inc., IDEAL INDUSTRIES INC., Keysight
Technologies Inc., Ixia, National Instruments Corporation, NetScout Systems
Inc., Riverbed Technology Inc., Rohde & Schwarz, Spirent Communications
plc, Teledyne LeCroy, VeEX Inc., Digital Lightwave, Viavi Solutions Inc., and
Wilcom Inc. among others.
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.
For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.
To connect with us, visit our LinkedIn page.
Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose
CA 95138, USA, All Rights Reserved.
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