-- Product differentiation proves crucial to stand out in a mature and overpopulated market
MOUNTAIN VIEW, California, Oct. 14, 2014 /PRNewswire/ -- Network equipment manufacturers and network operators face an uphill task in adequately testing and monitoring network infrastructure in a cost-competitive environment. This is mainly due to the surge in digital data and proliferation of virtualization, software-defined network (SDN) and network functions and virtualization (NFV). The heterogeneity and complexity of the market has compelled test solution providers to develop innovative tools that efficiently test and provide network visibility without an increase in the OPEX.
New analysis from Frost & Sullivan, Global Wireless Protocol Analyzers, Load Stress Generators and Functional Test and Network Monitoring Systems Market, finds that the market earned revenues of $1.33 billion in 2014 and estimates this to reach $2.66 billion in 2021.
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"Fueled by rapid penetration of smart devices as well as the Internet of Things, growth in Big Data caught network equipment manufacturers and network operators by surprise," said Frost & Sullivan Measurement & Instrumentation Research Associate Rohan Joy Thomas. "As legacy monitoring systems are proving inadequate, there is likely to be a major overhaul in the type of equipment used for monitoring and analyzing data in real time, as well as in the integration of meaningful data back into data centers."
The rise in the number of third-party service providers and the heterogeneity of the network infrastructure – comprising 2G, 3G, 4G and voice over long term evolution (VoLTE) deployments – also make a solid case for novel solutions. End-to-end solutions, consisting of both legacy-based systems as well as contemporary network monitoring systems, are the need of the hour.
While end users benefit from the presence of well-established market participants that deliver a thorough range of solutions, their presence creates high entry barriers for new market participants. To gain a foothold, emerging players need to market unique and differentiated product portfolios.
"In the bid to offer end-to-end solutions to customer, there is likely to be a greater degree of industry consolidation in the years ahead," observed Thomas. "This will be achieved both through mergers and acquisitions as well as partnerships with participants specializing in niches of the market."
Global Wireless Protocol Analyzers, Load Stress Generators and Functional Test and Network Monitoring Systems Market is part of the Test & Measurement Growth Partnership Service program. Frost & Sullivan's related studies include: Cloud Services and Need for Secured Networks Drives Test Services Market, Global Active Monitoring Network Performance Market, Global Application Performance Monitoring and Application Aware Network Performance Monitoring Market, and Global Process Analytical Instrumentation Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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