Global Communication Test and Measurement (CT&M) Market Research Report

The global communication test and measurement market is expected to grow from $3.79 billion in 2013 to $5.57 billion by 2018, at a CAGR of 8.0% during the period 2013 to 2018. The market is primarily driven by the increasing adoption of telecom networks such as 2G, 3G, and 4G, along with the increasing use of smartphones.

The communication test and measurement market has grown rapidly in recent years, and further growth will depend highly on the growth of the telecommunication market. The increased demand for networks such as 2G, 3G, and 4G by subscribers, along with operators moving towards LTE technology, is fueling the communication test and measurement market. The communication test and measurement product helps the network providers and broadband service providers to deliver high quality voice data and signals over mobile and fixed networks.

The demand for the wireless technologies offers tremendous growth potential for test equipment vendors. The overall complexity of wireless technology drives the need for test equipment, which can support new technology standards, such as LTE and LTE-Advance. The demand for wireless CT&M is expected to increase in the coming years due to the increased adoption of 3G and LTE/4G network deployments.

The market report provides a competitive benchmarking of the leading players in this market such as JDSU, Agile Technologies, EXFO, Danaher, and National Instruments. The CT & M market report gives the financial analysis, which includes CAGR and market share of the different region, vendors, overall adoption scenario, competitive landscape, key drivers, restraints, and opportunities.