Communication Test and Measurement Market Overview
The Communication Test and Measurement Market size is projected to grow from USD 8.9 billion in 2024 to USD 16.1 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.8% during the forecast period (2024 - 2032). Additionally, the market size for Communication Test and Measurement was valued at USD 8.2 billion in 2023.
The rapid expansion of communication networks and rising demand for performance optimization are the key market drivers enhancing market growth.
Figure1: Communication Test and Measurement Market, 2018 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Communication Test and Measurement Market Trends
Rapid expansion of communication networks is driving the market growth
Market CAGR for Communication Test and Measurement is driven by the rapid proliferation of communication networks. The surge in demand for seamless connectivity, bolstered by advancements like 5G, IoT, and cloud computing, propels market growth. This expansion fuels innovation, creating opportunities for businesses to develop cutting-edge solutions tailored to evolving network requirements. Furthermore, the growing adoption of digital technologies across industries amplifies the need for robust Communication Test and Measurement solutions. This inclination highlights the vibrant nature of the market, prompting investments in scalable and effective infrastructure to bolster the expanding network terrain. Amidst the continuous evolution of communication networks, stakeholders must remain adaptable, employing inventive approaches to seize emerging prospects and uphold development. It's imperative for industry participants to remain agile and responsive, embracing forward-thinking methodologies to harness the unfolding potential and perpetuate advancement.
Stringent quality norms, particularly in heavily regulated fields such as telecommunications and aerospace, fuel the increased need for Communication Test and Measurement solutions. Adherence to stringent norms such as ISO, FCC, and ITU stands paramount in guaranteeing the dependability, security, and efficiency of communication networks. Suppliers of test and measurement solutions play a pivotal role by furnishing tools for thorough examination, validation, and certification, meeting the escalating need for dependable, top-notch communication infrastructure. This not only propels sales but also nurtures enduring partnerships with clients invested in maintaining excellence in their operations.
Increasing interest in performance enhancement fuels the sales of Communication Test and Measurement solutions as companies aim to boost productivity, reduce disruptions, and elevate user satisfaction. Enterprises spanning various industries place a premium on refining their communication networks to satisfy the rising demand for seamless connectivity and swift data transfer. Test and measurement instruments facilitate a comprehensive evaluation of network performance, pinpointing areas of congestion and facilitating targeted enhancements. Through offerings tailored to performance monitoring, issue resolution, and efficiency enhancement, providers of test and measurement solutions address the changing requirements of clients, stimulating sales and nurturing allegiance by enhancing operational effectiveness and elevating service excellence. Thus, driving the Communication Test and Measurement market revenue.
Communication Test and Measurement Market Segment Insights
Communication Test and Measurement Offering Insights
The Communication Test and Measurement Market segmentation, based on offering, includes hardware, software, and services. In 2023, the hardware segment dominated the market, accounting for 40% of market revenue (3.28 Billion). In developing economies, category growth is driven by rising demand for high-performance equipment and infrastructure expansion.
Figure 2: Communication Test and Measurement Market, by Offering, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Communication Test and Measurement Test Solutions Insights
The Communication Test and Measurement Market segmentation, based on test solutions, includes wireline test solution and wireless test solution. In 2023, the wireless test solution category generated the most income (70%). The increasing adoption of wireless technologies, such as 5G, IoT, and Wi-Fi 6, fuels the demand for wireless test solutions to ensure the performance, reliability, and interoperability of wireless communication networks and devices.
Communication Test and Measurement Type of Test Insights
The Communication Test and Measurement Market segmentation, based on type of test, includes enterprise test, field network test, lab & manufacturing test, and network assurance test. In 2023, the field network test category generated the most income. The growing complexity of network infrastructures, including 5G deployments and IoT implementations, drives the need for field network test solutions. Companies require efficient tools to verify network performance, troubleshoot issues, and ensure seamless connectivity in real-world environments.
Communication Test and Measurement End User Insights
The Communication Test and Measurement Market segmentation, based on end user, includes telecommunication service provider, network equipment manufacturer, mobile device manufacturer, and other end users. In 2023, the telecommunication service provider category generated the most income. The expanding subscriber base, increasing demand for high-speed data services, and ongoing infrastructure upgrades, particularly in the transition to 5G networks, will drive sales of telecommunication service provider solutions, catering to evolving connectivity needs.
Communication Test and Measurement Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The Communication Test and Measurement market in North America is poised for dominance, owing to numerous factors. The region benefits from a mature telecommunications sector, robust research and development initiatives, and a significant presence of leading market entities. Furthermore, the pervasive integration of cutting-edge technologies such as 5G and IoT fuels the need for testing solutions. Additionally, rigorous regulatory standards and an emphasis on quality assurance serve as additional drivers, solidifying North America's status as a prominent hub for Communication Test and Measurement solutions.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: COMMUNICATION TEST AND MEASUREMENT MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Communication Test and Measurement market accounts for the second-largest market share due to the technological advancements and rising demand for high-performance equipment. Further, the German Communication Test and Measurement market held the largest market share, and the UK Communication Test and Measurement market was the fastest growing market in the European region.
The Asia-Pacific Communication Test and Measurement Market is expected to grow at the fastest CAGR from 2024 to 2032. This is due to infrastructure expansion and the increased complexity of communication systems. Moreover, China’s Communication Test and Measurement market held the largest market share, and the Indian Communication Test and Measurement market was the fastest growing market in the Asia-Pacific region.
Communication Test and Measurement Key Market Players & Competitive Insights
Leading market players in the Communication Test and Measurement industry drive innovation and competitiveness through strategic investments in R&D and partnerships. They harness emerging technologies to deliver holistic solutions that effectively meet the evolving needs of the market. Recent market developments highlight a shift towards integrated platforms capable of testing diverse communication technologies, including 5G, IoT, and optical networks.
Moreover, the global Communication Test and Measurement industry witnesses intense competition characterized by product differentiation, pricing strategies, and geographic expansion. As the demand for reliable, high-performance communication infrastructure grows, Communication Test and Measurement market players focus on enhancing their product portfolios and service offerings to cater to diverse end-user requirements. Collaborations with telecommunications service providers and network equipment manufacturers play a pivotal role in shaping the competitive landscape, driving innovation, and expanding market reach within the Communication Test and Measurement industry. Major players in the Communication Test and Measurement market, including Anritsu, Fortive, EXFO, Rohde & Schwarz, Emerson, VIAVI Solutions, Yokogawam Spirent Communications, Keysight Technologies, Huawei, Hammer, Calnex Solutions, Luna Innovations, NetScout, Cisco, LitePoint, SysMech, VeEX, TEOCO Corporation, NetAlly, thinkRF, Kyrio, Fastech Telecommunications, Eagle Photonics, Verkotan and others, are attempting to increase market demand by investing in research and development operations.
Anritsu Corp, a leader in communication solutions, delivers a wide array of products encompassing measuring instruments, optical and mobile communication devices, and radio frequency/microwave technology. Moreover, it offers inspection equipment, automated combination weighers, and comprehensive production management systems. Anritsu's offerings cater to diverse sectors, including optical communication, broadcasting, multimedia, and the food and pharmaceutical industries. Operating globally, the company serves markets across Australia, Brazil, Canada, China, and various other nations. With its headquarters situated in Atsugi, Kanagawa, Japan, Anritsu remains dedicated to innovation, consistently providing state-of-the-art solutions to meet the evolving requirements of its clientele worldwide.
Rohde & Schwarz GmbH & Co KG is a leading provider of electronic test, measurement, and communication equipment, renowned for its expertise across various sectors, including test and measurement, broadcasting, secure communications, radio monitoring, and IT security solutions. With a diverse product portfolio, the company serves industries such as airborne, naval, and tactical communications, wireless communication solutions, avionics, navigation, cybersecurity, and public safety. Additionally, it offers calibration, repair, and customer support services. Rohde & Schwarz maintains a worldwide reach, covering North America, Asia-Pacific, Europe, the Middle East-Africa, and Latin America, demonstrating its commitment to providing inventive solutions to meet the changing demands of its customers globally. Headquartered in Munich, Germany, the company upholds its renowned standing for excellence in the industry.
Key companies in the Communication Test and Measurement market include
- Anritsu
- Fortive
- EXFO
- Rohde & Schwarz
- Emerson
- VIAVI Solutions
- Yokogawa
- Spirent Communications
- Keysight Technologies
- Huawei
- Hammer
- Calnex Solutions
- Luna Innovations
- NetScout
- Cisco
- LitePoint
- SysMech
- VeEX
- TEOCO Corporation
- NetAlly
- thinkRF
- Kyrio
- Fastech Telecommunications
- Eagle Photonics
- Verkotan
Communication Test and Measurement Industry Developments
January 2024: Fortive Corporation finalized its acquisition of EA Elektro-Automatik (EA) Holding GmbH, a move aimed at strengthening Fortive's presence in electronic test and measurement solutions under its Precision Technologies segment. EA's expertise lies in high-power electronic test solutions catering to sectors such as energy storage, mobility, hydrogen, and renewable energy.
September 2023: Anritsu Corporation introduced its newest product, the SmartStudio NR IP Performance MX800071A software, tailored for the Radio Communication Test Station MT8000A. This innovative software is engineered to simplify 5G UE data throughput tests, addressing the rising need for streamlined testing in the advancement of Customer Premises Equipment (CPE) for Fixed Wireless Access (FWA) applications.
Communication Test and Measurement Market Segmentation
Communication Test and Measurement Offering Outlook
-
Hardware
-
Software
-
Services
- Professional Services
- Support Services
- Consulting Services
- Training Services
- Managed Services
Communication Test and Measurement Test Solutions Outlook
- Wireline Test Solution
- Wireless Test Solution
Communication Test and Measurement Type of Test Outlook
- Enterprise Test
- Field Network Test
- Lab & Manufacturing Test
- Network Assurance Test
Communication Test and Measurement End User Outlook
- Telecommunication Service Provider
- Network Equipment Manufacturer
- Mobile Device Manufacturer
- Other End Users
Communication Test and Measurement Regional Outlook
-
North America
-
Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
-
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
-
Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 8.2 Billion |
Market Size 2024 |
USD 8.9 Billion |
Market Size 2032 |
USD 16.1 Billion |
Compound Annual Growth Rate (CAGR) |
8.8% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2019-2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Offering, Test Solutions, Type of Test, End User and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Anritsu, Fortive, EXFO, Rohde & Schwarz, Emerson, VIAVI Solutions, Yokogawam Spirent Communications, Keysight Technologies, Huawei, Hammer, Calnex Solutions, Luna Innovations, NetScout, Cisco, LitePoint, SysMech, VeEX, TEOCO Corporation, NetAlly, thinkRF, Kyrio, Fastech Telecommunications, Eagle Photonics, and Verkotan |
Key Market Opportunities |
·        Growing demand for wireless communication solutions ·        Rising importance of cybersecurity |
Key Market Dynamics |
·        Stringent Quality Assurance Requirements ·        Rising Demand for Performance Optimization |
Frequently Asked Questions (FAQ) :
The Communication Test and Measurement Market size was valued at USD 8.2 Billion in 2023.
The global market is projected to grow at a CAGR of 8.8% during the forecast period, 2024-2032.
North America had the largest share in the global market in 2023.
The key players in the market are Anritsu, Fortive, EXFO, Rohde & Schwarz, Emerson, VIAVI Solutions, Yokogawam Spirent Communications, Keysight Technologies, Huawei, Hammer, Calnex Solutions, Luna Innovations, NetScout, Cisco, LitePoint, SysMech, VeEX, TEOCO Corporation, NetAlly, thinkRF, Kyrio, Fastech Telecommunications, Eagle Photonics, and Verkotan.
The field network test category dominated the market in 2023.
The telecommunication service provider category had the largest share in the global market.