This Frost & Sullivan study aims to examine the global network analyzers (NA) and spectrum analyzers (SA) market from 2021 to 2026. In 2021, the market generated a revenue of $1,152.1 million at a growth rate of 6.8% from 2020. It is expected to grow at a compound annual growth rate (CAGR) of 7.3% from 2021 to 2026.
Key market drivers include sustainability, which is driving increased network performance; in-vehicle and vehicle-to-vehicle testing in the automotive industry; rising network complexities due to the advent of 5G networks; and Industry 4.0, which will make operational efficiency an area of focus. Important market restraints include the maturity of the NA and SA segments and the short-term impact of the COVID-19 pandemic.
GROWTH PIPELINE DIALOG™
Take your first step towards achieving growth-centric solutions with our
Growth Pipeline Dialog™. Speak to our industry experts in a complimentary open discussion that will spark innovative thinking and growth opportunities that will benefit your organization.