LONDON--(BUSINESS WIRE)--Sep 13, 2018--According to the latest market research report released by Technavio, the global test and measurement market is expected to accelerate at a CAGR of almost 4% during the forecast period. Growth in the telecommunication sector is one of the key global test and measurement market drivers.

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According to the latest market research report released by Technavio, the global test and measurement market is expected to accelerate at a CAGR of almost 4% until 2021. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

The global test and measurement market analysis categorize the market into the following products:

Wireless test equipment GPTE Semiconductor test equipment Real-time testing equipment

In 2016, the wireless test equipment segment accounted for almost 35% of the global test and measurement market share and is projected to account for about 36% share by 2021, exhibiting almost 1% increase in market share.

Global test and measurement market: Top emerging trend

One of the major test and measurement market trends is the increasing need for interoperability. This market has been evolving constantly and the equipment is designed to work with other products. The interoperability feature can be applied to all heterogenous products such as video monitors, smoke alarms, home networking or automated products, and home gateways. In addition, it can also be applied to some homogenous products such as switches and routers. As this interoperability across various end-users creates an issue for the vendors, they are trying to find a solution for this. Manufacturers are trying to produce new types of equipment that can work with any product to solve this issue.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Test and Measurement Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by product (wireless test equipment, GPTE, semiconductor test equipment, and real-time testing equipment) Market segmentation by end-user (aerospace and defense, telecommunication, and semiconductor and electronics)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Anritsu, Bureau Veritas, Fortive, Keysight Technologies, and National Instruments)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE: Technavio Research

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PUB: 09/13/2018 04:24 PM/DISC: 09/13/2018 04:24 PM