5G Tester Market Revenue Will Reach at a 15.4% CAGR with Market Size US$ 1096.7 Million by 2024

Pune, India -- (SBWire) -- 05/07/2019 --MarketResearchNest.com Announced that its published an Exclusive Report on "Global 5G Tester Market Growth 2019-2024" in its research database with report summary, table of content, research methodologies and data sources.

With the implementation of 5G over the next decade, both network equipment manufacturers (NEMs) and operators will face new challenges in testing their hardware, software, and end-to-end deployments. 5G technology is quite different from 4G/Long Term Evolution (LTE) and will bring together some of the most challenging aspects of existing approaches.

Asia-Pacific has the largest global export quantity and manufacturers in 5G Tester market, while the North America is the second sales volume market for 5G Tester in 2018. Some of the developed countries, such as the U.S., UK, Japan and others, are highly focused on the commercialization of 5G networks. Moreover, the presence of leading telecom service providers in these countries is high, which makes them the early adopters of new technologies such as 5G. Hence, the demand for 5G testers is increasing significantly for conducting experiments for the successful implementation of 5G networks, which is fueling the growth of the 5G tester market in these regions.

In the industry, Anritsu profits most in 2018 and recent years, while Keysight Technologies and Rohde and Schwarz ranked 2 and 3.The market share of them is 28.34%, 21.23% and 18.86% in 2018.The gap of market share is keep on enlarged due to different strategy.

According to this study, over the next five years the 5G Tester market will register a 15.4% CAGR in terms of revenue, the global market size will reach US$ 1096.7 million by 2024, from US$ 536.5 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in 5G Tester business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of 5G Tester market by product type, application, key companies and key regions.

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This study considers the 5G Tester value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Network Analysers, Signal Analysers, Signal Generators

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Network Equipment Manufacturer, Mobile Device Manufacturer, Telecommunication Service Provider

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Anritsu, Keysight Technologies, Rohde and Schwarz, VIAVI Solutions, Spirent Communications, LitePoint

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
- To study and analyze the global 5G Tester consumption (value and volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of 5G Tester market by identifying its various subsegments.
- Focuses on the key global 5G Tester manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the 5G Tester with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of 5G Tester submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.

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