Potential Growth Opportunities in the Global Electronic Test & Measurement Software Sector
Future growth potential of software testing solutions due to presence of 5G across infrastructure
Research Overview
The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027.
The global electronic T&M market generated $2,300 million in 2020, with a base year growth rate of (4.0%). The market is expected to grow once the impact of COVID-19 eases out in 2021 and beyond.
In-depth analysis with market sizing of product segments, which are General Purpose (GP) Test Software (Oscilloscopes, Digital Multimeters, Signal Generators, Spectrum Analyzers, Network Analyzers, Power Meters, Logic Analyzers, Electronic Counters, One-box testers, Bit Error Rate Testers (BERT), Protocol Analyzers), and Data Acquisition (DAQ) Software (PCI, PXI, USB, Ethernet, VXI, Proprietary standard DAQ equipment).
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