News | April 28, 2014

Spectrum Analyzer Market Worth $1.5B By 2019

According to a new market research report “Spectrum Analyzers Market by Types (Sweep Tuned, Vector Signal, and Real Time), Frequency Range (<6 GHz, 6-18 GHz, >18 GHz), Form Factor (Handheld, Portable, and Bench Top Spectrum Analyzer), End Users & Geography - Global Trends & Forecasts to 2014 - 2019” published by MarketsandMarkets, the total market for the Global Spectrum Analyzer Market will be worth $1.5B by 2019 at an estimated CAGR of 6.5%.

Browse more than 100 market data tables 30 figures spread through 300 pages and in-depth TOC on "Spectrum Analyzers Market by Types (Sweep Tuned, Vector Signal, and Real Time), Frequency Range (<6 GHz, 6-18 GHz, >18 GHz), Form Factor (Handheld, Portable, and Bench Top Spectrum Analyzer), End Users & Geography - Global Trends & Forecasts to 2014 - 2019" 

http://www.marketsandmarkets.com/Market-Reports/spectrum-analyser-market-216110863.html
Early buyers will receive 10% customization on reports.

The role of telecommunication in our daily lives is increasing with the increase in more communication devices. In addition, there has been an increase in the usage of smart phones around the globe and keeping a check on data transmission has become very important to ensure customer satisfaction. Telecommunication is a key area where the usage of spectrum analyzers is prominent and will keep growing as new technologies evolve.

Spectrum Analyzer which was viewed as just a testing device before, is now involved in various activities and used as a modular instrument. The spectrum analyzers, which are needed now, need to be more flexible, while cost pressures are demanding longer system lifetime and this can be provided by software-defined, modular architecture.

The device has a wide range of applications in the telecommunication industry as well as semiconductor industry. Because of the upcoming LTE technology the need of testing and measuring instruments is going to rise.

The Spectrum Analyzer market was estimated to be $800 million in 2013 and will be worth $1.5B by 2019 at an estimated CAGR of 6.5%.

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals, including advanced materials, automotive and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. 

SOURCE: MarketsandMarkets

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