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Frost & Sullivan: Innovation Bolsters US$467 Million APAC Communications Test Equipment Market

Superior Quality of Service to Help the Market Grow at a Respectable Compound Annual Growth Rate of 8.4 per cent from 2010 to 2017

 
PRLog - Nov. 8, 2011 - Kuala Lumpur, Malaysia – The evolution of sophisticated technologies such as long term evolution (LTE) and worldwide interoperability for microwave access (WiMAX) is having a ripple effect in the test equipment market, with vendors scrambling to develop cutting-edge test solutions and products. These novel test solutions will ensure service providers’ conformance to industry standards and in turn, offer best-in-class services to customers in the region.

New analysis from Frost & Sullivan, Asia Pacific Communications Test Equipment Market, finds that the market earned revenues of US$467.0 million in 2010 and estimates this to reach US$823.7 million in 2017.

The roll-out of innovative test solutions has to be backed by excellent quality of service (QoS) and quality of end-user experience (QoE) for service providers to stand out in the market.

“For the operators to provide QoS and QoE simultaneously, test equipment vendors have to make certain that the testing process requires little effort and time,” says Frost & Sullivan Consultant Sriram Venkatasubramanian. “Once they achieve this, test equipment vendors can hope for significant investments in advanced test and measurement equipment by the service providers for large-scale roll-out of sophisticated technologies.”

However, the growth prospects of the market is tempered to some degree by the high degree of competition among Tier-I multinational vendors and the low awareness levels in Southeast Asian countries such as Vietnam. Conversely, the intense competition is spurring vendors to provide turnkey solutions and strategically position products based on different application types and customer needs.

“Given the vast potential of the advanced communication test equipment market and the cost consciousness of customers, test equipment manufacturers have to price their products competitively and provide sufficient training to operators,” notes Sriram. “Establishing local presence in a country will also go a long way in helping vendors provide top-notch service and making the most of the opportunities afforded by this market.”

If you are interested in more information on this study, please send an e-mail to Donna Jeremiah, Corporate Communications, at djeremiah@frost.com, with your contact details.

Asia Pacific Communications Test Equipment Market is part of the Test & Measurement Growth Partnership Services program, which also includes research in the following markets: World Wireless Test Equipment Market, World General Purpose Test Equipment Market, World Fiber Optic Test Equipment Markets and World SONET/SDH Related Test Equipment Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Asia Pacific Communications Test Equipment Market
P513

Contact:
Donna Jeremiah
Corporate Communications – Asia Pacific
P: +603 6204 5832
F: +603 6201 7402
E: djeremiah@frost.com

Carrie Low
Corporate Communications – Asia Pacific
P: +603 6204 5910
F: +603 6201 7402
E: carrie.low@frost.com

http://www.frost.com

# # #

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's research and consulting services empower clients to generate, evaluate, and implement effective growth strategies.

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Contact Email:
***@frost.com
Source:Frost & Sullivan
Country:United States
Industry:Telecom, Industrial, Manufacturing
Tags:asia pacific, test equipment, lte, wimax, communications, service providers, quality, Technology, products, Innovation
Shortcut:prlog.org/11719088
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