Research Report with COVID-19 Forecasts- 5G Testing Equipment 2020-2024 | Transition from Cable to OTA Test Methodologies to Boost Growth | Technavio
Technavio has been monitoring the 5G testing equipment and it is poised to grow by USD 263.66 million during 2020-2024, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global 5G Testing Equipment Market 2020-2024 (Graphic: Business Wire)
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Free Sample Report on COVID-19 Impact
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anritsu (News - Alert) Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology Solutions Holdings Inc., Rohde & Schwarz (News - Alert) GmbH & Co. KG, Teradyne Inc., and Viavi Solutions Inc. are some of the major market participants. The transition from cable to OTA test methodologies will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Transition from cable to OTA test methodologies has been instrumental in driving the growth of the market.
5G testing equipment 2020-2024: Segmentation
5G testing equipment is segmented as below:
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5G testing equipment 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our 5G testing equipment report covers the following areas:
This study identifies the increasing demand for improved network capacity to access connected services as one of the prime reasons driving the 5G testing equipment growth during the next few years.
5G testing equipment 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the 5G testing equipment, including some of the vendors such as Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek (News - Alert) Group Plc, Keysight Technologies Inc., MACOM Technology Solutions Holdings Inc., Rohde & Schwarz GmbH & Co. KG, Teradyne Inc., and Viavi Solutions Inc. Backed with competitive intelligence and benchmarking, our research reports on the 5G testing equipment are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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5G testing equipment 2020-2024: Key Highlights
Table Of Contents:
Five Forces Analysis
Market Segmentation by Product
Drivers, Challenges, and Trends
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