Global Spectrum Analyzer Market 2018-2022 | Increasing Telecom Subscriber Base to Promote Growth | Technavio

Technavio analysts forecast the global spectrum analyzer market
2018-2022 to grow at a CAGR of over 6% during the forecast
period, according to their latest market research report.

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Technavio has published a new market research report on the global spectrum analyzer market from 2018-2022. (Graphic: Business Wire)

The proliferation of IoT is one of the major trends being witnessed in
the global
spectrum analyzer market. IoT is defined as a system of
interrelated computing devices, machines, objects and people, provided
with unique identifiers. IoT permits the transfer of data over a network
without the need for any human-to-human or human-to-computer
interaction. The global IoT devices market was valued at USD 1,144.72
billion in 2016.

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global spectrum analyzer market is the increasing
telecom subscriber base and rapid growth of urban population:

Global spectrum analyzer market: Increasing
telecom subscriber base and rapid growth of urban population

According to a research, around 68% of the total global population will
be urban by 2050. Sustainable urbanization includes improved
infrastructure, conservation of resources, and enhancement in the
quality of life. The development of smart city projects has been
increasing rapidly. This includes digital technologies and machine to
machine communications to provide connected solutions.

According to a senior analyst at Technavio for research on test
and measurement, “The telecom subscriber base in India reached 1.19
billion at the end of December 2017. The number of telephone subscribers
has been increasing at a monthly growth rate of around 0.4%. The
increasing customer base along with the growing urban population will
lead to the development of mobile network technologies, thereby leading
to the growth of the market.”

Global spectrum analyzer market: Segmentation
analysis

The global spectrum analyzer market research report provides market
segmentation by end-user (communication, aerospace and defense,
mechanical, and semiconductor and electronics), and by region (the
Americas, EMEA, and APAC). It provides an in-depth analysis of the
prominent factors influencing the market, including drivers,
opportunities, trends, and industry-specific challenges.

Of the four major end-users, the communication segment held the largest
market share in 2017, contributing to over 32% of the market. This
end-user segment will dominate the global market throughout the forecast
period.

The Americas held the largest share of the market in 2017, accounting
for more than 39% share. It was followed by APAC and EMEA respectively.
APAC is anticipated to project the fastest growth during the period
2018-2022.

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Technavio’s sample reports are free of charge and contain multiple
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Some of the key topics covered in the report include:

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

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View source version on businesswire.com: https://www.businesswire.com/news/home/20180713005488/en/

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