LAN/WAN Test Equipment: Global Strategic Business Report

Global LAN/WAN Test Equipment Market to Reach $2.1 Billion by 2027

In the changed post COVID-19 business landscape, 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$2.1 Billion by 2027, growing at a CAGR of 6.8% over the analysis period 2020-2027. Stress Testers & Performance Analyzers, one of the segments analyzed in the report, is projected to record a 7% CAGR and reach US$659.4 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 6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $368.3 Million, While China is Forecast to Grow at 11% CAGR

The LAN/WAN Test Equipment market in the U.S. is estimated at US$368.3 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$469.5 Million by the year 2027 trailing a CAGR of 10.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.9% CAGR.

Conformance Analyzers Segment to Record 6.7% CAGR

In the global Conformance Analyzers segment, USA, Canada, Japan, China and Europe will drive the 6.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$203.5 Million in the year 2020 will reach a projected size of US$312.2 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$296.2 Million by the year 2027, while Latin America will expand at a 7.3% CAGR through the analysis period.

Select Competitors (Total 52 Featured) -

• Anritsu Corporation
• AOIP
• Averna
• Digital Lightwave
• EXFO Inc.
• Fluke Corporation
• Fortive Corporation
• Greenlee Textron Inc.
• Ixia
• 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.

What`s New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year