Govt spending to increase on comm infra
The Indian communication test equipment market is expected to register a CAGR of 10.5% through FY2026, according to a report from ResearchAndMarkets.
The market is split by region (North, South, West and East) and by end-users (telecom service providers, Mobile device manufacturers, network equipment manufacturers, and enterprises and others), said the report “Analysis of the Indian Communication Test Equipment Market, Forecast to FY2026”.
It is driven by ambitious initiatives by the government to improve the nation’s communication infrastructure, the expanding VoLTE market, the growth of data centers, advancing technologies, proliferation of IoT and IIoT, and a general requirement for high-speed internet and improved voice quality in calls.
Critical factors contributing to success include developing products with universal applicability, increasing brand awareness while tapping into the modernization and upgrades market through appropriate promotions, optimizing R&D investments, improving response times, quality of repairs and after-sales services, and strengthening distribution channels.
Digitalization is the key mega trend contributing to the demand in this market. Government initiatives to make India a digitally empowered economy and improve connectedness’ are expected to increase government spending on communication infrastructure.
In addition, expansion of the defense network program is likely to further contribute to the demand.
Keysight Technologies dominates the Indian communication test equipment market, with Rohde & Schwarz, Anritsu and Viavi Solutions being the other key participants.
The Northern region dominates the market with a contribution of 35.6% to the total revenues and is followed by the Southern region.
Key trends observed are that the LTE test equipment product segment contributed the highest to the total market revenues accounting for a share of 30.8%.
Wi-Fi test equipment product segment contributed the next highest share at 16.9%.
Ethernet test equipment segment is the fastest-growing segment and is set to expand at a CAGR of 13.1% through FY2026. fiinews.com
