Global Communication Test Equipment Market – Global Upcoming Demand & Growth Analysis 2019–2029 Owing to its modest growth outlook in the past and heightening demand with the introduction of 5th Generation network, communication test equipment market is anticipated to grow 1.5X through 2029. Furthermore, broadband penetration with FTTH (Fiber-to-the-home) initiatives by regional and global governmental bodies has also giving an uptick to its demand, thus creating the additional need for optical fiber communication test equipment. This mounting demand of communication test equipment is set to contribute US$ 5 Bn to global communication equipment market by end of forecast period.
For detailed insights on enhancing your product footprint, request for a sample here- https://www.factmr.com/connectus/sample?flag=S&rep_id=4616 Shift from legacy networks to Long Term Evolution (LTE) networks has resulted in increasing data usage across globe. The amount of data that is produced in a day is 2.5 quintillion bytes which is higher than the last three decades. Emergence of big data and its applications such as business intelligence and search pattern reorganization has enabled demand for high QoS (Quality of Service) in the telecom market. Introduction of RF (Radio Frequency) standards by international bodies like ETSI (European Telecommunications Standards Institute) and ITU (International Telecommunication Union), along with the regulations imposed by regional regulatory authorities such as TRAI (Telecom Regulatory Authority of India) has compelled service providers to ensure QoS. Imposition of these regulations has also resulted in increasing demand for communication test equipment.
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