Monday, June 14, 2021

Oracle Services Market 2019 Share, Trend, Segmentation and Forecast To 2027

Telecom service providers are transforming their legacy networks into advanced multimedia service networks. Deployment of advanced network elements offers a wide range of value added services and configurations, due to this advanced and complex network elements, testing equipment are required for service-oriented network in terms of service quality, interoperability, and end-user experience. The telecom industry widely uses testing equipment for automated/load testing, conformance testing, remote accessibility, fault testing & analysis, customized testing, and centralized web-based control & analysis. Further, in the telecom industry, significant investment of capital is required for infrastructure development. Telecom testing equipment accounts for a considerable share of the invested capital.

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Requirement for testing equipment is growing due to growing bandwidth demand and introduction of next generation cellular & wireless technologies. Further, increasing R&D spending in the telecom sector along with growth in the mobile phone market is expected to drive the market growth. Moreover, regulatory compliance, government support, and constant technology developments are expected to boost the telecom testing equipment market during the forecast period. The telecom industry has witnessed unprecedented growth from the past few years due to continuous deployment of next-generation technologies, increasing subscriber base, and unprecedented data traffic. A major driving factor for the growth of the telecom testing equipment market is the introduction of new telecom technologies and standards within the telecom industry. The latest trend driving the telecom testing equipment market is the ongoing special testing of LTE advanced technology and bandwidth measurements.

Based on geographic regions, the global telecom testing equipment market can be segregated into North America (NA), Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). These geographic regions are further analyzed at country level, wherein top countries across NA include the U.S. and Canada. Europe includes market analysis across the U.K., Germany, France, and Rest of Europe. Similarly, the market in APAC is studied and analyzed across India, China, Japan, Australia, and Rest of Asia Pacific. The market analysis across top countries of MEA and South America include GCC countries, South Africa, and Brazil.

Major companies operating in the global telecom testing equipment market includes Anritsu Corporation, EXFO, Inc., Yokogawa Electric Corporation, Viavi Solutions Inc., Tecra Tools, Inc., Tessco, Mortek, Huawei Technologies Co., Ltd, Spirent Communications, and Agilent Technologies.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

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The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

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