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Frost & Sullivan: Communication Test Equipment market in Asia-Pacific observes growth following innovation and rising demand

For further information on this analysis, please visit http://frost.ly/3ad
SINGAPORE, (informazione.it - comunicati stampa - telecomunicazioni)

For further information on this analysis, please visit http://frost.ly/3ad

"The Asia-Pacific region offers higher growth rate of most communication test equipment vendors compared to other regions they operate in," commented Ms. Divya Saiprasad , Principal Consultant at Frost & Sullivan.

"This is mainly due to government ambitions and strong investments in communication infrastructure in Asia-Pacific ," she explained.

Frost & Sullivan's recent study highlights the demand for communication test equipment market in APAC is fueled by advancements in infrastructure build-outs by developing countries and the growing adoption of smartphones and cloud technology.

"Several product launches with sizable improvements in sensitivity, resolution, speed and throughput are populating the market due to increased demand," added Saiprasad.

Vendors are looking at mergers and acquisitions to increase their combined strengths in terms of product and services portfolio to lead the market. Keysight, after its inquisition of Ixia is the leader in terms of market share and surpasses Rhode & Schwarz, which was previously in the pole position.

In the study, Frost & Sullivan enumerate growth opportunities and call to action for companies to leverage on the market growth.

Smart cities, smart manufacturing plants, and smart grid are a few trends that are set to drive the demand for various test equipment. 5G is the new telecom revolution and the development/deployment of mobile 5G networks and its applications is attracting increased investments in telecom infrastructure and innovative applications.

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Zuzana Zukarnain
Corporate Communications – Asia Pacific
P: + 607 560 3683
F: + 607 509 0705
E: zuzana.zukarnain@frost.com

http://ww2.frost.com 

 

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