As per a new research report by Maximize Market Research, the global market for General Purpose Test Equipment (GPTE) is expected to exceed US $XX Million by the year 2026, from US $XX Million in 2019.
The accelerating shift from 4G to 5G mobile communications as well as increasing adoption of teleworking are driving increased viewing of streamed video content as well as growing use of online meeting tools. As a result, the video-quality experience is a key factor influencing user’s’ choice of 5G mobile operator and smartphone brand. Anritsu Corporation announced the availability of a new solution for evaluating video quality of 5G devices. This lab-based solution was developed in partnership with Spirent Communications plc (LSE: SPT), and leverages the strengths of Anritsu’s Smart Studio NR Network Simulator and Spirent’s Umetrix Video software, providing the world’s first integrated 5G video quality system.
The increasing construction of data centers and the development of micro-mobile data centers for edge computing are also boosting the market growth. With the development of modular GPTE, the essential test equipment remains functional, with only a few modules requiring replacement or upgrade. This development is expected to have a positive impact on the GPTE market growth.
The report published by Maximize, along with various market dynamics, which could affect the market growth of General Purpose Test Equipment (GPTE) in the region, the Value – Chain analysis, and the PORTER’s analysis for the General Purpose Test Equipment (GPTE)at a global level.
The study is consolidated on the basis of two major segments and further into sub-segments, By Product (Signal Generator, Spectrum Analyser, Network Analyser, Oscilloscope, Others), By End user (Communication, Aerospace & Defence, Industrial, Electronics & Semiconductors, Others) to forecast the market size by value; also includes the analysis of past market dynamics from 2016 – 2019, considering 2019 as the base year.
Lastly, the market research report provides a regional comparison and a complete country – level analysis for the latest trends, along with the major key players Anritsu Corporation, Rohde & Schwarz GmbH & Co KG, National Instruments Corporation, Keysight Technologies, Teledyne Technologies, Inc., Lauterbach GmbH, Texas Instruments, INC, Thermo Fisher Scientific, Yokogawa Electric Corp. in the General Purpose Test Equipment (GPTE) Market, across the region.
You can browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “General Purpose Test Equipment (GPTE) Market”
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