MOUNTAIN VIEW, Calif., Oct. 21, 2014 /PRNewswire/ -- Long term evolution-advanced (LTE-A) networks are fast evolving into the next phase of the LTE roadmap primarily due to the technology's numerous benefits. LTE-A allows more efficient use of the fragmented spectrum, with features such as carrier aggregation (CA), massive multiple-input, multiple-output (MIMO), and coordinated multi-point. In particular, CA helps network operators utilize all spectrum resources to increase data rates. As a result, migration to LTE-A is taking place more quickly than expected. This is driving demand for LTE-A test equipment globally in order to ensure interoperability, mobility and high service quality.
New analysis from Frost & Sullivan, Analysis of the Global LTE-Advanced Test Equipment Market, finds that the market earned revenues of $254.1 million in 2014 and estimates this to reach $974.3 million in 2021.
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"Consumer's desire to surf the Web, make payments, and use entertainment services on their smartphones highlights the issue of limited speed and bandwidth that service providers are struggling to overcome," said Frost & Sullivan Measurement and Instrumentation Program Manager Olga Yashkova-Shapiro. "As demand for faster data services and better coverage fuels the implementation of LTE-A standards, use of LTE-A test equipment will rise."
However, several factors limit market growth:
While current competitive factors in the market include quality, reliability, performance, and technological development, there is a need to for performance testing to predict subscriber behavior in LTE-A networks. Existing conformance testing for LTE-A standards focuses only on basic functionality.
"Offering advanced features will help vendors widen their user base," noted Shapiro. "Providing a one-stop-shop for all test deployments will further enable vendors to attract consumers and establish their foothold in the global market."
Analysis of the Global LTE-Advanced Test Equipment Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan's related studies include: Global Wireless Protocol Analyzers, Load Stress Generators and Functional Test and Network Monitoring Systems Market, Global Outlook for Electronic Test Equipment, Global Wi-Fi Test Equipment Market, and Global Communication Test Services Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Analysis of the Global LTE-Advanced Test Equipment Market
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Contact:
Ariel Brown
Corporate Communications – North America
P: (210) 247.2481
F: (210) 348.1003
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