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Global Network Equipment-Building System (NEBS) Testing and Certification Services Market is projected to reach the value of USD 4.99 Billion by 2030

10-17-2023 12:01 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Virtue Market Research

Global Network Equipment-Building System (NEBS) Testing and Certification Services Market

Global Network Equipment-Building System (NEBS) Testing and Certification Services Market

According to the report published by Virtue Market Research in Global Network Equipment-Building System (NEBS) Testing and Certification Services Market was valued at USD 2.99 Billion and is projected to reach a market size of USD 4.99 Billion by the end of 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 6.6%.

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A fundamental long-term driver in the NEBS Testing and Certification Services Market is the relentless growth of the telecommunications sector. As the demand for faster and more reliable network services continues to surge, telecommunication companies must deploy NEBS-compliant equipment to maintain network integrity and ensure uninterrupted service. This long-term driver is bolstered by the ever-evolving nature of technology, which necessitates ongoing testing and certification to meet industry standards.

The impact of the COVID-19 pandemic on the NEBS market has been both a challenge and an opportunity. On one hand, the pandemic disrupted supply chains and hampered the ability to conduct physical testing and certification processes. On the other hand, the increased reliance on telecommunication services during lockdowns and remote work arrangements underscored the critical importance of resilient and reliable networks.
Telecommunication companies accelerated their investments in NEBS testing and certification services to ensure their networks could handle the heightened demand. As a result, the market experienced a surge in demand for these services due to the pandemic-induced paradigm shift in work and communication.

In the short term, a notable driver for the NEBS Testing and Certification Services Market is the rapid deployment of 5G networks. The rollout of 5G technology demands rigorous testing and certification of network equipment to meet the stringent requirements for performance, reliability, and safety. With the promise of ultra-low latency and high-speed connectivity, telecommunication companies are keen to ensure their 5G infrastructure complies with NEBS standards. This surge in demand for NEBS testing and certification services is expected to persist in the short term as 5G deployments continue to expand globally.

An exciting opportunity within the NEBS Testing and Certification Services Market lies in the adoption of cloud-native and virtualized network functions. As the industry shifts toward software-defined networking (SDN) and network functions virtualization (NFV), there is a growing need to certify virtual network functions (VNFs) and cloud-native applications for NEBS compliance. This opens a new avenue for NEBS testing and certification services to ensure the safety and reliability of virtualized network environments. As telecommunication companies embrace these technological advancements, the demand for services that validate the compliance of virtualized components presents a significant opportunity for growth within the NEBS market.

A notable trend observed in the NEBS Testing and Certification Services Market is the integration of automation and artificial intelligence (AI) into testing processes. With the complexity of network equipment increasing, automated testing and AI-driven analytics are becoming essential tools for efficient and accurate NEBS compliance assessments. Automation not only speeds up the testing process but also reduces human error, making it a cost-effective and reliable solution for telecommunication companies. The trend toward automation aligns with the broader industry movement toward digital transformation and the adoption of advanced technologies to streamline operations.

Market Segmentation:
By Type: Tier 1, Tier 2, Tier 3
Within the NEBS Testing and Certification Services Market, technology plays a pivotal role in determining market dynamics. The largest subsegment in this category is Tier 1 technology. Tier 1 technology encompasses the most advanced and complex network equipment, often used in large-scale telecommunications infrastructures.
NEBS compliance testing for Tier 1 technology requires comprehensive evaluation due to its critical role in maintaining network integrity and reliability.
On the other hand, the fastest-growing subsegment during the forecast period is Tier 3 technology. Tier 3 technology represents a category of network equipment used in smaller-scale applications, such as local networks and regional telecommunications setups. The increasing adoption of Tier 3 technology is driven by its suitability for emerging markets and smaller businesses. As the telecommunications landscape evolves, the demand for NEBS testing and certification services for Tier 3 technology is on the rise, making it the fastest-growing subsegment in the technology category.

By End-use industry: Telecommunications, Aerospace and defense, Healthcare, Energy and utilities, Others
End-use industry segmentation sheds light on the diverse applications of NEBS testing and certification services. In this regard, the largest subsegment is Telecommunications. The telecommunications industry relies heavily on NEBS-compliant equipment to ensure network resilience and uninterrupted service. NEBS testing and certification services play a critical role in verifying the safety and reliability of network equipment used by telecommunications companies, making this industry the largest consumer within this category.

Conversely, the fastest-growing subsegment in terms of end-use industry is Healthcare. The healthcare sector is increasingly recognizing the importance of NEBS-compliant network equipment, especially as healthcare systems become more reliant on digital infrastructure. As telemedicine and electronic health records become standard practices, the demand for NEBS testing and certification services in healthcare applications is experiencing rapid growth. Ensuring the reliability of network equipment in healthcare settings is crucial for patient care, making this industry the fastest-growing subsegment.

By Component: Switches, Routers, Servers, Storage devices, Others
Component segmentation provides insights into the specific elements of network equipment that require NEBS testing and certification. In this context, the largest subsegment is Switches. Switches are integral components of network infrastructure, facilitating data transfer and routing. NEBS compliance testing for switches is essential to guarantee their safe and reliable operation within telecommunications networks.

On the other hand, the fastest-growing subsegment concerning components is Servers. Servers play a pivotal role in data storage and processing, making them critical components in modern network environments. The increasing demand for data centers, cloud computing, and edge computing has led to a surge in the deployment of servers. Consequently, the need for NEBS testing and certification services for servers has also witnessed rapid growth. Ensuring the safety and reliability of servers is paramount as they underpin the functioning of various network services.

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Regional Analysis:
In the realm of Network Equipment-Building System (NEBS) Testing and Certification Services Market segmentation by region, geographical factors significantly influence market dynamics. Among the regions, North America emerges as the largest subsegment. North America's prominence in the NEBS market is attributed to its well-established telecommunications infrastructure, a robust technology-driven ecosystem, and stringent regulatory standards. The region's commitment to ensuring network reliability and safety has fueled the demand for NEBS testing and certification services, making it the largest player in this category.

Conversely, the fastest-growing subsegment during the forecast period is Asia-Pacific. The Asia-Pacific region is witnessing remarkable growth in the adoption of telecommunications technologies and network equipment. Factors such as the rapid expansion of 5G networks, the increasing digitization of industries, and the growing population's connectivity needs have fueled the demand for NEBS-compliant equipment and services. As countries in Asia-Pacific continue to invest heavily in telecommunications infrastructure and embrace advanced technologies, the need for NEBS testing and certification services is projected to experience substantial growth, solidifying Asia-Pacific as the fastest-growing region in this segment.

Latest Industry Developments:
• Diversification of Testing Services: A prominent trend in the industry is the diversification of testing services offered by companies. In response to the evolving needs of telecommunication companies, NEBS testing and certification service providers are expanding their service portfolios. Rather than solely focusing on traditional NEBS compliance testing, companies are now offering specialized testing services for emerging technologies such as 5G, IoT (Internet of Things), and cloud-native applications. By diversifying their offerings, service providers cater to a broader range of clients and address the unique challenges posed by new technologies. This trend aligns with the industry's drive to stay ahead of technological advancements and provide comprehensive testing solutions to meet current and future demands.

• Digital Transformation and Remote Testing: With the digital transformation sweeping through the telecommunications sector, companies in the NEBS market are increasingly adopting digital tools and remote testing capabilities. Recent developments in remote testing technologies, including remote monitoring and automated testing platforms, have allowed service providers to offer more flexible and efficient testing solutions. This trend has gained momentum, especially in light of the COVID-19 pandemic, which underscored the importance of remote and contactless operations. Companies that invest in remote testing capabilities are better positioned to serve clients globally, reduce testing time, and adapt to the changing landscape of work practices and safety measures.

• Strategic Partnerships and Collaborations: Collaboration has become a prevalent strategy among NEBS testing and certification service providers. Recognizing the complexity of modern network equipment and the need for specialized expertise, companies are forming strategic partnerships and collaborations. These partnerships often involve alliances with equipment manufacturers, telecommunication operators, and technology vendors. By pooling resources and knowledge, companies aim to offer comprehensive testing and certification services that cover the entire lifecycle of network equipment. These collaborations also facilitate access to the latest technology developments and industry standards, ensuring that testing services remain up-to-date and aligned with market requirements. This trend signifies the industry's shift towards a more interconnected and collaborative approach to address complex challenges in NEBS compliance testing.

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