Global Network Analyzers Market 2017-2021

Overview of the global network analyzers market

Market research analysts at Technavio predict that the global network analyzers market will grow steadily during the next four years at a CAGR of around 5% by 2021. Rapid advancements in wireless technologies are one of the primary growth factors for this market. The rising data consumption around the world has resulted in the rapid adoption of LTE wireless networks such as 4G and LTE-A. Also, the rising number of global commercial networks has made LTE the fastest developing mobile technology. Specific bands designated for LTE differ from carrier to carrier. The use of multiple widely spaced bands leads to a LTE and 3G interference from different RF sources. This interference can be prevented with the deployment of network analyzer test equipment such as vector network analyzer (VNA) that helps LTE wireless networks to provide improved services. Moreover, the recent applications of the wireless technology, including reversing paralysis, self-driving trucks, and practical quantum computers, will also lead to the growth of this market over the next few years.

Improvements in the dynamic range and measurement speed is one of the key factors that will contribute to the growth of the market in the future. The increased demand from the end customer segments, such as network service providers, data center manufacturers, and electronic device manufacturers has resulted in the development of products that have a wider frequency range. The network analyzer manufacturers also need to offer analyzers that can work automatically and work on a wider range of applications with different frequencies. Moreover, network analyzer vendors are also competing to offer the latest range of products.

Competitive landscape and key vendors