The "Wireless Network Test Equipment Market by Equipment Type (Drive Test Equipment, Monitoring Equipment, OSS with Geolocation Equipment, SON Testing Equipment), Network Technology (2G/3G/4G and 5G), End User, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The wireless network test equipment market is estimated to grow from USD 3.2 billion in 2018 to USD 4.7 billion by 2023 at a CAGR of 8%.
The key factors driving the growth of the market include the growing mobile data traffic coupled with increasing adoption of smart devices, rising technological advancement toward networking and communication, and increasing interoperability of network technologies.
However, labor-intensive drive testing and longer timelines and extended R&D requirements for developing new communication technologies are the key factors restraining market growth.
OSS with geolocation equipment to witness high growth during forecast period
The market for OSS with geolocation equipment is expected to grow at the highest CAGR from 2018 to 2023. This is attributed to its capability to work with MDT, which is in high demand, thereby leading to reduced cost and time required for wireless network testing.
OSS with geolocation helps to understand the experience level of consumers in different locations, traffic localization, and network coverage maps. This enables to identify the problem areas and provide troubleshooting solutions in those areas.
In this type of testing, geolocation application uses information from GPS, and if GPS signals are not available, it uses information from cell towers to locate the position. It also makes the use of IP address, media access control (MAC) address, radio frequency (RF) systems, Exchangeable Image File Format (EXIF) data, and other wireless positioning systems.
Market for 5G network to grow at higher CAGR during forecast period
The 5G network technology market is estimated to grow at a higher CAGR from 2018 to 2023. The 5G connectivity technology would be driven by the proliferating demand for fast and high capacity networks.
The volume of data being carried by cellular networks is driven by the increasing preference for video streaming among consumers. 5G would provide greater data speed and lower latency along with the ability to connect many devices at a time. Many vendors are involved in trials of 5G; among these, AT&T (US) aimed to launch 5G in 12 US cities by the end of 2018.
Wireless network test equipment market for telecommunication service providers to hold major share during forecast period
The wireless network test equipment market for the telecommunication service providers is expected to hold a major share from 2018 to 2023. These end users need to ensure the performance of wireless technologies and demonstrate quality and accessibility prior to wireless network rollout.
Moreover, telecommunications service providers across all regions focus on the quality of distribution rather than the price; therefore, QoS policies are critical for service providers as they need to maintain a competitive edge for consistent distribution of services.
APAC to be largest market for wireless network test equipment during forecast period
APAC is expected to lead the wireless network test equipment market, in terms of size, from 2018 to 2023. The region is transforming dynamically with respect to the adoption of new technologies. The region has become the center of attraction for major investments and business expansion opportunities.
The companies such as ZTE (China) and Huawei (China) are investing heavily on the upcoming 5G technology and are initiating field trials together with a few leading mobile service carriers, such as AT&T (US), China Mobile (China), SoftBank (Japan), and China Unicom (China).
These companies are entering into partnerships and collaborations with other players to remain frontrunners in the market. These activities ultimately increase the need for network testing for QoE and QoS to the users.
Topics Covered
1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Study Scope
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in 5G Fixed Wireless Access Market
4.2 5G Fixed Wireless Access Market, By Offering
4.3 5G Fixed Wireless Access Market, By Demography
4.4 5G Fixed Wireless Access Market, By Application
4.5 5G Fixed Wireless Access Market in North America, By Offering and Country
4.6 5G Fixed Wireless Access Market, By Geography
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for High-Speed Internet Connectivity and Broad Network Coverage With Reduced Latency and Power Consumption
5.2.1.2 Increasing Adoption of Advanced Technologies Such as Machine-To-Machine (M2M)/Internet of Things (IoT)
5.2.1.3 Rising Use of Millimeter-Wave Technology in 5G FWA
5.2.2 Restraints
5.2.2.1 Delay in Making Decisions Related to Standardization of Spectrum Allocation
5.2.2.2 High Cost of Infrastructure
5.2.2.3 Adverse Impact of Millimeter-Wave Technology on the Environment
5.2.3 Opportunities
5.2.3.1 Rising Demand for 5G FWA Networks From Varied Industries
5.2.3.2 Remarkable Progress in Telecommunications and Networking Technologies
5.2.3.3 Escalating Demand for IoT and Cloud-Based Services
5.2.3.4 Increasing Focus on Development of 5G Network
5.2.3.5 Strategic Partnerships of Platform and Hardware Providers and Mobile Operators With System Integrators in Emerging Economies
5.2.4 Challenges
5.2.4.1 Power Dissipation in Mimo
5.2.4.2 Compatibility Issues Between Traditional and 5G Networks
5.2.4.3 Inter-Cell Interference
5.2.4.4 Short Wavelengths of Millimeter Waves
5.3 Industry Trends
5.3.1 Case Studies of FWA Deployment
5.4 Investments in R&D and Field Trials of 5G Technology
5.5 28 Ghz Spectrum to Lead Early 5G Fixed Wireless Access Deployments
5.6 Value Chain Analysis
6 5G Fixed Wireless Access Market, By Offering
6.1 Introduction
6.2 Hardware
6.3 Services
7 5G Fixed Wireless Access Market, By Demography
7.1 Introduction
7.2 Urban
7.3 Semi-Urban
7.4 Rural
8 5G Fixed Wireless Access Market, By Application
8.1 Introduction
8.2 Residential
8.3 Commercial
8.4 Industrial
8.5 Government
9 Geographic Analysis
9.1 Introduction
9.2 North America
9.3 Europe
9.4 APAC
9.5 RoW
10 Competitive Landscape
10.1 Overview
10.2 Ranking Analysis of Market Players
10.3 Competitive Scenario
11 Company Profiles
11.1 Key Players
11.1.1 Qualcomm Technologies
11.1.2 Nokia
11.1.3 Samsung Electronics
11.1.4 Huawei
11.1.5 Ericsson
11.1.6 Mimosa Networks, Inc.
11.1.7 Cohere Technologies, Inc.
11.1.8 Siklu Communication
11.1.9 AT&T Inc.
11.1.10 Verizon Communications Inc.
11.2 Other Key Players
11.2.1 Cisco
11.2.2 Arqiva
11.2.3 Cellular South, Inc. (C Spire)
11.2.4 Orange S.A.
11.2.5 United States Cellular Corporation
11.2.6 Telus Corporation
11.2.7 Telefonica S.A.
11.2.8 Mobile Telephone Networks (MTN)
11.2.9 Swisscom
11.2.10 Hrvatski Telekom
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Related
Topics: Wireless
Telecommunications , Networks,
Networking
Equipment