This report is accomplished and comprehensive research of the Gigabit Ethernet Test Equipment Market 2019-2024 based on the major regional market situations, key driving factors, major competitors, and the size & scope of the market. The Gigabit Ethernet Test Equipment Market Research Report is a valuable source of perceptive data for business strategists. It delivers the Market outline with growth study and antique & revolutionary cost, revenue, and demand. The Market Report is designed to include both qualitative and quantitative aspects of the company for each region and country participating in the study.
Top Manufacturers of Gigabit Ethernet Test Equipment Market Research Report 2019-2024:
- Anritsu Corp.
- Spirent Communications PLC
- Keysight Technologies Inc. (Ixia Corp. NV))
- Viavi Solutions Inc.
- Exfo Inc.
- TE Connectivity Ltd.
- Xena Networks Inc.
- IDEAL Industries Inc.
- Aquantia Corp.
- GAO Tek Inc.
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Summary for Gigabit Ethernet Test Equipment Market Report:
The Gigabit Ethernet Test Equipment Market is expected to register a CAGR of 6.45% during the forecast period (2019-2024). The need for extra bandwidth has driven, both network service providers (NSPs) and network equipment manufacturers (NEMs) to embrace the Ethernet technology instead of traditional synchronous technology.
- The increasing need for Ethernet in the manufacturing industries and the adoption of cloud services and big data fuels the growth of the market.
- With the increasing demand for mobile internet, the need for higher bandwidth is rising, owing to which the telecom operators are investing rigorously in research and development.
- The emergence of advanced technologies, such as cloud computing, internet of things (IoT), and 5G require a robust network connection, owing to which the use of test equipment also rises.
Scope of Gigabit Ethernet Test Equipment Market Research Report 2019-2024
Current communication data rates in local networks range from 10/100 Mbps in Ethernet to 1 Gbps in fiber distributed data interface (FDDI) and Gigabit Ethernet (GigE). However, the increasing demand for internet protocol-based services including voice, video, and data requires higher speeds and greater bandwidth, leading to the emergence of 10 GigE local area networks, especially in the enterprise. The 10 GigE is also emerging in storage area network applications, including switch-to-switch links for very high-speed connections between switches inside data centres and between buildings.
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Key Market Trends
Telecommunication Sector is expected to hold a Significant Market Share
- The demand for data centers is drastically increasing, owing to the rising internet and smartphone penetration. For instance, in July 2017, Bridge Data Centres, a Singapore-based data center outsourcing company announced to invest USD 500 million in data centres over the next two years in the country to cater the rising demand. As a result, it will ascend the need for test equipment in Gigabit Ethernet, thereby boosting the market growth.456- In addition, in September 2019, Facebook announced to invest in data centers in Singapore worth USD 1 billion, which in turn is expected to open new avenues for the industry players.456- The upgrades in the mobile backhaul for the imminent launch of 5G technology drive the need for robust Gigabit Ethernet Test Equipment. Hence, the rapid investment in 5G technology is expected to boost market growth over the projected period. Few top communication and electronic companies have commenced their investment toward 5G technology.
Asia-Pacific is Expected to Witness Highest Growth Rate
- Asia-Pacific region is expected to witness a significant rate over the forecast period, due to the increasing deployment of wireless networks. Additionally, increasing population, rising smart mobile users, mounting adoption of cloud services, and big data fuels the market expansion in the region.456- The need for speed has been driven by customers growing demand for the bandwidth, which has forced many service providers and network equipment manufacturers to stretch beyond the confines of 10G and 100G.
Gigabit Ethernet Test Equipment Market Segment by Key Regions:-
- North America (the USA, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
- South America, Middle East, and Africa
Gigabit Ethernet Test Equipment Market Research Report offers the Following Segments:
- Supply chain trends mapping the latest technological advancements
- Gigabit Ethernet Test Equipment Market Strategic endorsement for the new freshman
- Gigabit Ethernet Test Equipment Market share evaluation for the regional and country-level segments
- Gigabit Ethernet Test Equipment Market forecasts for a minimum of 5 years of all the mentioned segments, sub-segments and the regional markets
- Gigabit Ethernet Test Equipment Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic commendation in key business segments based on the market assessment
- Company profiling with detailed master plan, financials, and Current developments
- Competitive landscaping survey the key common trends
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