Amid the COVID-19 crisis, the global market for LAN/WAN Test Equipment estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 4.3% over the analysis period 2020-2027. Stress Testers & Performance Analyzers, one of the segments analyzed in the report, is projected to record a 4.4% CAGR and reach US$566.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Interoperability Test Systems segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $369.3 Million, While China is Forecast to Grow at 7.8% CAGR
The LAN/WAN Test Equipment market in the U.S. is estimated at US$369.3 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$400.2 Million by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
Conformance Analyzers Segment to Record 4.2% CAGR
In the global Conformance Analyzers segment, USA, Canada, Japan, China and Europe will drive the 3.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$205.2 Million in the year 2020 will reach a projected size of US$264.1 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$264.5 Million by the year 2027, while Latin America will expand at a 5.2% CAGR through the analysis period. We bring years of research experience to this 16th edition of our report. The 298-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- Anritsu Corporation
- Digital Lightwave
- EXFO Inc.
- Fluke Corporation
- Fortive Corporation
- Greenlee Textron Inc.
- Keysight Technologies Inc.
- National Instruments Corporation
- NetScout Systems Inc.
- Riverbed Technology Inc.
- Rohde & Schwarz
- Spirent Communications plc
- Tektronix Inc.
- Teledyne LeCroy
- VeEX Inc.
- Viavi Solutions Inc.
- Wilcom Inc.
The global analysis and forecast periods covered within the report are 2020-2027 (Current & Future Analysis) and 2012-2019 (Historic Review). Research estimates are provided for 2020, while research projections cover the period 2021-2027.
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
LAN/WAN Test Equipment Market: An Introductory Prelude
Recent Market Activity
Northbound Trajectory in the Global ICT Sector Creates Conducive Environment
CSPs’ Thrust Towards QoS & QoE Propagates Large-Scale Opportunities
Developed Nations: Key Revenue Contributors
Market Senses Huge Opportunities in Developing Nations
Assessing the Impact of Recent Economic Upheavals on LAN/WAN Test Equipment Market
Stable Economic Scenario to Augment Market Demand in the Near-Term
Leading Players in the Global LAN/WAN Test Equipment Market
Vendors Prioritize M&A Route to Enhance Business Operations
Global Competitor Market Shares
LAN/WAN Test Equipment Competitor Market Share Scenario Worldwide (in %): 2020 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Anritsu Corporation (Japan)
EXFO, Inc. (Canada)
Fortive Corporation (USA)
Fluke Corporation (USA)
Tektronix, Inc. (USA)
Greenlee Textron, Inc. (USA)
IDEAL INDUSTRIES, INC. (USA)
Keysight Technologies, Inc. (USA)
National Instruments Corporation (USA)
NetScout Systems, Inc. (USA)
Riverbed Technology, Inc. (USA)
Rohde & Schwarz (Germany)
Spirent Communications plc (UK)
Teledyne LeCroy (USA)
VeEX, Inc. (USA)
Digital Lightwave (USA)
Viavi Solutions, Inc. (USA)
Wilcom Inc. (USA)
3. MARKET TRENDS & DRIVERS
Performance Analyzers & Stress Testers: The Key Product Segment
Protocol Analyzers Continue to Generate Revenues
Noteworthy Trends in Protocol Analyzers Segment
Bluetooth Protocol Analyzers Gather Seam
PCIe Protocol Analyzers Assume Importance
DOCSIS Protocol Analyzers Make a Cut
Conformance & Interoperability Test Systems: Critical for Network Equipment
Key factors Responsible for Interoperability Issues: A Snapshot
Test Equipment Gain Precedence in Network R&D, I&M & Production
Modular Test Equipment Make Their Way
Cloud-based SaaS Solutions Seek Role in LAN/WAN Testing Space
Progression in Network Technologies: A Challenge to Test Equipment Vendors
Escalating Telecom & Datacom Traffic Volumes & Subsequently Rising Need to Augment Network Efficiency Builds Strong Business Case
Key Factors Influencing Telecom & Datacom Traffic Growth
Sharp Increase in the Number of Internet Subscribers
Faster Broadband Speeds
Surging Investments on Advanced Telecom Infrastructure Extends Parallel Opportunities
Network Test Equipment Assume Critical Importance in Wireless Networks
Wi-Fi Roll Outs Bodes Well for Network Test Equipment Market Growth
Continued Evolution in IEEE 802.11 Standards Generates Parallel Opportunities
Wider Uptake of Smartphones Instigates Expansion in Wireless Networks
Upcoming 5G Technology to Drive New Line of Opportunities
Expanding Role of Fiber Optic Networks Offer Opportunities
Key Trends Driving Growth in Fiber Optic Network Deployments
Soaring Investments on EPON & GPON Technologies
Proliferation of FTTx Networks
ISPs Put Focus on Test Equipment Amid Soaring Demand for Gigabit Access Services
NEMs Bet on Test Equipment in Equipment Design & Development
Test Equipment for Seamless Deployment & Operation of Enterprise IT Networks
Business Continuity & Security Needs Propagate Demand for Enterprise-Grade Test Equipment
Expanding Image of Enterprise Mobility Creates Business Case
LAN/WAN Test Equipment Benefit from Sustained Demand for VoIP
Emerging IoT to Widen the Scope & Span of Network Test Equipment
M2M Communication Networks Set to Instigate New Opportunities
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
Market Facts & Figures
US LAN/WAN Test Equipment Market Share (in %) by Company: 2020 & 2025
Market Facts & Figures
European LAN/WAN Test Equipment Market: Competitor Market Share Scenario (in %) for 2020 & 2025
REST OF EUROPE
REST OF ASIA-PACIFIC
REST OF LATIN AMERICA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
Total Companies Profiled: 52