[May 25, 2018] |
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Key Insights for the Global 5G Testing Equipment Market Through 2022 | Technavio
Technavio
projects the global
5G testing equipment market is expected to post a CAGR of
close to 5% during the forecast period. Increasing demand for improved
network capacity to access connected devices is a key driver which is
expected to impact market growth.
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https://www.businesswire.com/news/home/20180525005683/en/
Technavio has published a new market research report on the global 5G testing equipment market from 2018-2022. (Graphic: Business Wire)
The demand for faster mobile communication to experience seamless
integrity of connected devices has witnessed continuous growth in recent
years. Internet connectivity is an important access channel to support
and enable communication over large scale IoT devices which is expected
to positively impact market growth during the period 2018-2022.
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In this report, Technavio highlights software-defined testing as one of
the key emerging trends to drive the global 5G testing equipment market:
Software-defined testing
The test and measurement industry is now more inclined toward a
software-defined approach to create flexible and efficient test sets for
5G equipment comprising of highly complex radio frequency (RF) designs.
Software modules allow engineers to develop test programs for multiple
5G technologies and standards quickly. Test sets that can quickly adopt
new 5G specifications through software are also able to accelerate 5G
prototyping and deployment.
According to a senior analyst at Technavio for m2m
and connected devices research, "A software defined approach
also helps future-proof test programs for tomorrow's demanding 5G
challenges. For instance, 5G NR prototyping is carried out for massive
MIMO, mmWave, channel sounding and waveform development via
reprogrammable instrumentation tools."
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Market segmentation and analysis through 2022
This market research report segments the global
5G testing equipment market by product (oscilloscopes,
signal generators, signal analyzers, network analyzers, and others) and
key regions (the Americas, APAC, and EMEA).
The oscilloscopes product segment dominated the market accounting for
over 36% in 2017, which is expected to increase by a further 1% over the
forecast period. The signal analyzers segment is the only other segment
which will exhibit growth during the forecast period.
In 2017, the global 5G testing equipment market was led by the Americas
which accounted for over 37% share followed by EMEA and APAC
respectively. APAC is expected to witness an increase in its market
share over the forecast period, while the Americas will see a
corresponding decline in its market shares by 2022.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180525005683/en/
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