North America Communication Test and Measurement (CT&M) Market Worth $1.9 Billion by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• North America Communication Test and Measurement
  (CTM) Market Worth 1.9 Billion by 2018

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The fastest-growing mobile technology is LTE
(Long Term Evolution). The demand for test and
measurement of LTE networks continues to grow due
to the rapid evolution of LTE. The demands for
smart devices have increased mobile data traffic,
which is a major driver for the Communications
Test and Measurement (CTM) market.
Communications Test and Measurement equipment
comply with industry standards, and services
which meet customers requirements. The
Communications Test and Measurement Market is
estimated to grown from 3.75 billion in 2013 to
5.51 billion in 2018, at an expected CAGR of
8.01 for the period between 2013 and 2018.
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North America is a highly developed region, where
many organizations are fully based on technology.
There leads to an increase in the mobile network
connection speed, which is a driver for the
Communications Test and Measurement market. By
2018, it is estimated that the average mobile
network connection speed will reach 4500 kbps.
This huge increase in the network connection
speed creates a potential for the CTM market.
The North American Communications Test and
Measurement market is estimated to grow from 1.4
billion in 2013 to 1.9 billion in 2018, at an
expected CAGR of 6.0 for the period between 2013
and 2018. The compound annual growth rate
indicates that the North American Communications
Test and Measurement market is one of the growing
markets.
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Browse through the market data tables, figures
and detailed ToC on the North America
Communication Test and Measurement Market
http//www.micromarketmonitor.com/market/north-a
merica-communication-test-and-measurement-ct-m-604
6418958.html

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Europe Communication Test and Measurement Market

• In Europe, various countries are still deploying
  the 4G communications technology. Almost 60 of
  the U.K. is covered by the technology. The push
  for Communications Test and Measurement is the
  rise in the number of 4G connections. This will
  also enhance the solutions market, such as
  wireless test equipment, test performance, and
  network management. The increase in mobile data
  capacity will be a driver for the Communications
  Test and Measurement market. With the increase in
  mobile data usage, there is a demand for mobile
  data capacity as well.

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• The Europe Communications Test and Measurement
  market is estimated to grow from 0.8 billion in
  2013 to 1.3 billion in 2018, at an expected CAGR
  of 9.0 for the period between 2013 and 2018. The
  compound annual growth rate indicates that the
  European Communications Test and Measurement
  market is one of the growing markets.
• http//www.micromarketmonitor.com/market/europe-co
  mmunication-test-and-measurement-ct-m-9550779409.h
  tml

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Asia-Pacific Communication Test and Measurement
Market

• The Asia-Pacific Communications Test and
  Measurement market is growing due to the increase
  in the number of smart devices. In some countries
  of the Asia-Pacific region, such as China and
  India, the number of smart devices sold totaled
  almost 330 million in 2013. The evolution and
  adaptation of smart phones ensured that almost
  66 of the total mobile phones sold in 2012 were
  smart phones.
• Compared to 2012, GPRS data traffic grew 63.48
  in 2013, while growth in WLAN traffic increased
  227.55 as compared to 2012. 3G data connections
  also increased by a huge percentage in 2012. This
  remarkable increase in data traffic is itself a
  driver for the Communications Test and
  Measurement market in the Asia-Pacific region.

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• Countries like Japan have on an average 41
  applications per phone. This leads to high use of
  applications, which results in high bandwidth
  usage. This creates a high growth opportunity for
  the Asia-Pacific Communications Test and
  Measurement market.
• The Asia-Pacific Communications Test and
  Measurement market is estimated to grow from 1.0
  billion in 2013 to 1.6 billion in 2018, at an
  expected CAGR of 10.3 for the period between
  2013 and 2018.
• http//www.micromarketmonitor.com/market/asia-paci
  fic-communication-test-and-measurement-ct-m-463444
  7173.html

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Middle East and Africa Communication Test and
Measurement Market

• There is an increase in the global
  telecommunication research and development
  spending, which provides many new business
  opportunities for the Communications Test and
  Measurement market. Many players in the Middle
  East and African region dealing with
  telecommunications are spending more than 40
  billion on research and development for their
  value chain.
• http//www.micromarketmonitor.com/market/middle-ea
  st-and-africa-communication-test-and-measurement-c
  t-m-5143014412.html

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Rest of World Communication Test and Measurement
Market

• In the Rest of the World, the Communications Test
  and Measurement market is driven by growth in 4G
  mobile connections, which also increases the
  demand for wireless test equipment, test
  performance, and network management solutions.
  Studies show that the connections are expected to
  grow from 936,000 in 2013 to 86.2 million in 2018.

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• The Rest of world Communications Test and
  Measurement market is estimated to grow from 0.5
  billion in 2013 to 0.7 billion in 2018, at an
  expected CAGR of 7.1 for the period between 2013
  and 2018. The compound annual growth rate
  indicates that the Rest of world Communications
  Test and Measurement market is one of the
  fastest-growing markets.
• http//www.micromarketmonitor.com/market/rest-of-w
  orld-communication-test-and-measurement-ct-m-65090
  09752.html

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