— Connected living, smart cities, big data and wearable computing will revolutionize the test equipment market by 2020, finds Frost & Sullivan
MOUNTAIN VIEW, Calif., Nov. 20, 2014 /PRNewswire/ — Megatrends such as connected living, big data, smart cities and wearable computing will drive the future of the communications test equipment market. As software technologies and connectivity become more pervasive and a digitalized world becomes inevitable, the complexity of smart devices, networks and applications will create the need for customized testing and monitoring solutions.
As businesses migrate to the cloud, monitoring and management solutions become must become more dynamic and adaptable
New analysis from Frost & Sullivan, Mega Trends in Communications Test and Measurement Industry, finds that demand for flexibility will propel software-based tools and product integration to the forefront of the market. More than 70 percent of test equipment will be virtualized and software-defined in 2020.
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"The emergence of smart energy, smart building, smart mobility, smart healthcare, smart infrastructure, smart technology, smart governance and smart citizens will create tremendous opportunities for test equipment vendors," said Frost & Sullivan Measurement and Instrumentation Program Manager Olga Yashkova-Shapiro. "The increasing complexity of smart consumer devices will also require testing be integrated earlier in the product lifecycle."
The communications test and measurement value chain currently consists of component providers, device vendors, network providers, platform providers and system integrators. This extremely fragmented value-chain highlights the lack of a one-stop-shop solution provider offering end-to-end solutions. Testing providers must explore a more efficient way to provide bundled solutions in order to address this challenge.
"With the advent of virtualization, infrastructure testing participants need to develop products that can be tested on major hypervisors as well as other virtualized network components," advised Shapiro. "Testing vendors must also ensure interoperability, standardization, and the general consolidation of infrastructure deployed on the cloud to strengthen their position in the global communications test and measurement market."
Mega Trends in Communications Test and Measurement Industry is a Market Insight that is part of the Test & Measurement Growth Partnership Service program. The Insight provides a futuristic vision on the key megatrends that will influence the communications test and measurement industry in 2020. The study also discusses the evolution of various top-emerging technological trends, indicates how these trends will impact existing product and business lines; and highlights key challenges.
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