The future of the Communication Test and Measurement (CT&M) market will be influenced by trends such as the introduction of 5G, the expansion of the Internet of Things, the integration of AI, and security improvements. These advancements will drive the development of CT&M solutions to meet the demands of virtualized, edge, and converged networks, ensuring compliance, optimizing user experience, and promoting industry collaboration to address changing communication needs.
According to a new report by MarketsandMarkets™, the Communication Test and Measurement Market is projected to grow from USD 9.6 billion in 2024 to USD 14.9 billion by 2029, at a CAGR of 9.1% during the forecast period. This growth is driven by the increasing demand for higher data rates and bandwidth in consumer and enterprise applications, necessitating more sophisticated test and measurement equipment to accurately assess communication network and device performance.
The report covers various aspects of the Communication Test and Measurement Market, including market size available for years 2019-2029, base year considered as 2023, forecast period 2024-2029, forecast units in value (USD) Million/Billion, segments covered, regions covered (North America, Europe, Asia Pacific, Middle East & Africa, Latin America), and companies covered such as Anritsu, Fortive, EXFO, Rohde & Schwarz, and others.
In the hardware segment, specialized equipment like network analyzers, oscilloscopes, RF test equipment, and Bit Error Rate Testers play a crucial role in ensuring the robustness and efficiency of communication systems. On the other hand, in the software segment, specialized software is essential for conducting comprehensive assessments, emulation of communication scenarios, network management, and monitoring to ensure seamless functionality and robust performance of communication networks.
North America is expected to hold the largest market size in the Communication Test and Measurement Market during the forecast period, driven by demand from IT & telecommunications and aerospace & defense sectors. This region has seen significant growth due to the rise in smartphone users, internet subscribers, and the need for high-speed data access, leading to network operators expanding and upgrading their infrastructure.
Key companies in the Communication Test and Measurement Market include Anritsu, Fortive, EXFO, Rohde & Schwarz, and others, who have utilized growth strategies like partnerships, agreements, collaborations, new product releases, and acquisitions to increase their market share. In recent developments, Keysight and ETS-Lindgren jointly developed an over-the-air (OTA) test solution in March 2024. This solution is designed for devices that support narrowband non-terrestrial networks (NB-NTN) technology, enabling cellular communications through satellites. It offers measurement and validation of transmitter or receiver performance for NB-NTN supporting devices.
In March 2024, RAPA and Anritsu collaborated in various fields to support the development of technologies, including setting up a test environment for validating candidate frequency bands for B5G/6G, specifically FR3 (7 GHz to 24 GHz) and the sub-THz band (100 GHz and above).
In February 2024, Keysight Technologies launched the E7515W UXM Wireless Connectivity Test Platform for Wi-Fi, providing signaling RF and throughput testing for Wi-Fi 7 devices, including 4×4 MIMO and 320 MHz bandwidth.
Anritsu Corporation introduced the NR Licensed 6GHz Band Measurement MX800010A-014 software for the Radio Communication Test Station MT8000A in February 2024, supporting RF tests in the 6 GHz band for 5G FR1 devices.
Also in February 2024, Anritsu and MediaTek collaborated to verify advanced 3TX Technology in MediaTek’s M80 5G Modem using Anritsu’s MT8000A Radio Communication Test Station, offering a flexible test platform for ultrafast 5G communications.
Communication test and measurement market advantages include reducing downtime, improving network performance, aiding in diagnostics and troubleshooting, ensuring compatibility, meeting legal requirements, and enhancing customer satisfaction.
The objectives of the report are to segment and forecast the global Communication Test and Measurement Market, provide detailed information on market factors, study the value chain, analyze industry trends, profile key players, and track competitive developments.
MarketandMarkets™ is a growth consulting and program management firm specializing in B2B growth. The company works with clients on growth programs to help monetize new revenue streams and stay relevant in a disruptive ecosystem.
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