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Mobile Network Drive Test Equipment Market Size & Share 2033
Mobile Network Drive Test Equipment Market Size
As per the report, the mobile network drive test equipment market size has grown strongly in recent years. It will grow from $5.44 billion in 2023 to $5.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The mobile network drive test equipment market size is expected to see strong growth in the next few years. It will grow to $8.22 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%.
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Rise Of High-Capacity Networks Fueling Mobile Network Drive Test Equipment Market Growth
The rise of high-capacity networks is expected to propel the growth of the mobile network drive test equipment market going forward. High-capacity networks refer to telecommunications networks with the capability to deliver high downlink and uplink bandwidth, resilience, low latency, and low latency variation. The mobile network drive test equipment market is expanding significantly due to the exponential increase in data consumption caused by various causes, including internet-connected devices, streaming services, cloud computing, and emerging technologies such as the Internet of Things (IoT). As data consumption grows, there is an need for high-capacity network test equipment's that can accommodate the growing traffic. For instance, in September 2022, according to a report by the Cellular Telecommunications and Internet Association (CTIA), a US-based trade association, in the United States, 315 million Americans are now covered by 5G, and the number of 5G devices grew over 513 percent from 14 million in 2020 to 85 million in 2021. Therefore, the rise of high-capacity networks is driving the growth of the mobile network drive test equipment market.
Advancements In Mobile Network Drive Test Equipment
Major companies operating in the mobile network drive test equipment market are increasing their focus on developing advanced solutions, such as network benchmarking solutions, to enhance performance evaluation and gain a competitive edge. This software tool is used to evaluate and measure the performance of network drives, providing insights into their efficiency within a network setup. For instance, in January 2023, Rohde & Schwarz, a Germany-based technology group, launched Benchmarker 3. This platform offers a compact design, enhanced reliability, smart analytics, cloud-based configurations, smart campaign automation, and full backward compatibility. Its technological advancements include improved user equipment cooling, support for up to 12 QualiPoc probes, and seamless drill-down analytics, making it significant in the mobile network drive test equipment market, addressing complexities, and enhancing quality of experience (QoE) for end-users.
The mobile network drive test equipment market covered in this report is segmented -
1) By Type: 2G, 3G, 4G, 5G
2) By Application: Benchmarking, Monitoring And Control, Network Testing
3) By End-User: Mobile Operators, Equipment Manufacturers, Other End Users
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Major companies operating in the mobile network drive test equipment market are Qualcomm Incorporated, Nokia Corporation, CommScope Inc., Keysight Technologies Inc., Teradyne Inc., Rohde & Schwarz GmbH & Co KG, VIAVI Solutions Inc., Anritsu Corporation, Spirent Communications plc, NETSCOUT Systems Inc., DingLi Corporation Ltd., Ascom Holding AG, EXFO Inc., ETS-Lindgren Inc., Teoco Corporation LLC, InfoVista S.A., Anite plc, Mitek Systems Inc., PCTEL Inc., Datang Mobile Communications Equipment Co. Ltd., Radcom Ltd., Kaelus Inc., Bird Technologies Group, Cobham Wireless Limited, Beijing StarPoint Technology Co. Ltd., Azimuth Systems Inc., Accuver Americas Inc., AWT Global LLC
Contents of the report:
1. Executive Summary
2. Mobile Network Drive Test Equipment Market Report Structure
3. Mobile Network Drive Test Equipment Market Trends And Strategies
4. Mobile Network Drive Test Equipment Market - Macro Economic Scenario
5. Mobile Network Drive Test Equipment Market Size And Growth
…..
27. Mobile Network Drive Test Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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