Global Electronic Test & Measurement Software Growth Opportunities

Global Electronic Test & Measurement Software Growth Opportunities

Future Growth Potential of Software Testing Solutions Due to Presence of 5G Across Infrastructure

RELEASE DATE
16-Sep-2021
REGION
Global
Research Code: K5A9-01-00-00-00
SKU: TM00676-GL-MT_25780
$4,950.00
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Description

The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027.

Some of the key market trends prevailing in the electronic T&M market include:
• The communications and defense sectors provide growth opportunities for software test solutions with focus on big data analysis.
• The need for software test solutions is gaining traction in research & development applications for faster verification analysis.
• China has recovered faster than other nations across the globe leading to higher growth in the APAC region.
• The GP test software segment is expected to continue to dominate the market with 88.8% of the total market share in 2020.
• USB-based general purpose instruments are important for verification and quick analysis with plug-and-play option. For example, faster analysis is being offered with the latest USB 3.0 that provides data rates up to 280 megabits per second.

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.


Research Highlights

  • 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).
  • Regional perspective of the demand pattern in various advanced and emerging markets, namely North America, Europe, Middle East and Africa, Asia-Pacific, and Rest of World.
  • End-user analysis of Semiconductor, Automotive & Transportation (A&T), Aerospace/Defense (A&D), Academic, Electronics, Life Sciences, Energy, and Other (Process Manufacturing, Chemicals & Materials, Food & Beverages) industries.
  • Segment market growth is forecasted and an in-depth analysis of the competitive situation including vendors' market shares is included.

Key Issues Ad

Key Features

The objective of this study is to identify the key trends prevailing in the market in the base year 2020, and the factors that boost and restrain market growth. It also discusses the product areas that bolster growth for the forecast period 2021 to 2027. With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2027. For this purpose, a specific methodology that includes discussion with senior management of electronic T&M manufacturers, supported by secondary research, is followed.

Research Highlights

  • 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).
  • Regional perspective of the demand pattern in various advanced and emerging markets, namely North America, Europe, Middle East and Africa, Asia-Pacific, and Rest of World.
  • End-user analysis of Semiconductor, Automotive & Transportation (A&T), Aerospace/Defense (A&D), Academic, Electronics, Life Sciences, Energy, and Other (Process Manufacturing, Chemicals & Materials, Food & Beverages) industries.
  • Segment market growth is forecasted and an in-depth analysis of the competitive situation including vendors' market shares is included.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • What is the impact of COVID-19 pandemic on the electronics test and measurement market?
  • How does the demand vary by products, and will it be consistent for the next 7 years?
  • Which of the end-user industry will generate the highest demand for electronic test equipment?
  • Is the software offered today meeting customer needs or is additional development needed?

Author: Sujan Sami

 

 

Table of Contents

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on Electronic Test & Measurement (T&M) Software Industry

Growth Opportunities Fuel the Growth Pipeline Engine™

Electronic T&M Software Industry Scope of Analysis

Electronic T&M Software Industry Scope of Analysis (continued)

Electronic T&M Software Industry Segmentation

Definitions

Definitions (continued)

Definitions (continued)

Definitions (continued)

Key Growth Metrics for Electronic T&M Software Industry

Distribution Channels for Electronic T&M Software Industry

Growth Drivers for Electronic T&M Software Industry

Growth Driver Analysis for Electronic T&M Software Industry

Growth Driver Analysis for Electronic T&M Software Industry (continued)

Growth Restraints for Electronic T&M Software Industry

Growth Restraint Analysis for Electronic T&M Software Industry

Forecast Assumptions—Electronic T&M Software Industry

Percent Revenue by Product Type—Electronic T&M Software Industry

Percent Revenue Forecast by Product Type—Electronic T&M Software Industry

Revenue Forecast—Electronic T&M Software Industry

Revenue Forecast by Product Type—Electronic T&M Software Industry

Revenue Forecast by Sub-Product—GP Test Software

Revenue Forecast by Region—Electronic T&M Software Industry

Revenue Forecast by Industry Vertical—Electronic T&M Software Industry

Revenue Forecast Analysis—Electronic T&M Software Industry

Revenue Forecast Analysis by Region—Electronic T&M Software Industry

Revenue Forecast Analysis by Industry Vertical—Electronic T&M Software Industry

Revenue Forecast Analysis by Industry Vertical—Electronic T&M Software Industry (continued)

Competitive Environment—Electronic T&M Software Industry

Revenue Share—Electronic T&M Software Industry

Revenue Share Analysis—Electronic T&M Software Industry

Key Growth Metrics for GP Test Software

Revenue Forecast—GP Test Software

Revenue Forecast by Sub-Product—GP Test Software

Revenue Forecast Analysis—GP Test Software

Key Growth Metrics for DAQ Software

Revenue Forecast—DAQ Software

Revenue Forecast Analysis—DAQ Software

Growth Opportunity 1: Open-architecture-based Software Solutions for Integrated Testing, 2020

Growth Opportunity 1: Open-architecture-based Software Solutions for Integrated Testing, 2020 (continued)

Growth Opportunity 2: Effective Software Testing Solutions for Increasing 5G Deployments

Growth Opportunity 2: Effective Software Testing Solutions for Increasing 5G Deployments (continued)

Growth Opportunity 3: Partnership with System Integrators to offer Customized and Integrated Hardware and Software Test Solutions, 2020

Growth Opportunity 3: Partnership with System Integrators to offer Customized and Integrated Hardware and Software Test Solutions, 2020 (continued)

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Related Research
The global electronic T&M market is estimated to experience an approximate 4.2% compound annual growth rate (CAGR) from 2020 to 2027. Some of the key market trends prevailing in the electronic T&M market include: • The communications and defense sectors provide growth opportunities for software test solutions with focus on big data analysis. • The need for software test solutions is gaining traction in research & development applications for faster verification analysis. • China has recovered faster than other nations across the globe leading to higher growth in the APAC region. • The GP test software segment is expected to continue to dominate the market with 88.8% of the total market share in 2020. • USB-based general purpose instruments are important for verification and quick analysis with plug-and-play option. For example, faster analysis is being offered with the latest USB 3.0 that provides data rates up to 280 megabits per second. 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.--BEGIN PROMO--

Key Features

The objective of this study is to identify the key trends prevailing in the market in the base year 2020, and the factors that boost and restrain market growth. It also discusses the product areas that bolster growth for the forecast period 2021 to 2027. With 2020 as the base year, the research provides estimates of the market size and future growth prospects up to 2027. For this purpose, a specific methodology that includes discussion with senior management of electronic T&M manufacturers, supported by secondary research, is followed.

Research Highlights

  • 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).
  • Regional perspective of the demand pattern in various advanced and emerging markets, namely North America, Europe, Middle East and Africa, Asia-Pacific, and Rest of World.
  • End-user analysis of Semiconductor, Automotive & Transportation (A&T), Aerospace/Defense (A&D), Academic, Electronics, Life Sciences, Energy, and Other (Process Manufacturing, Chemicals & Materials, Food & Beverages) industries.
  • Segment market growth is forecasted and an in-depth analysis of the competitive situation including vendors' market shares is included.

Key Issues Addressed

  • Is the market growing, how long will it continue to grow, and at what rate?
  • What is the impact of COVID-19 pandemic on the electronics test and measurement market?
  • How does the demand vary by products, and will it be consistent for the next 7 years?
  • Which of the end-user industry will generate the highest demand for electronic test equipment?
  • Is the software offered today meeting customer needs or is additional development needed?

Author: Sujan Sami

 

 

More Information
No Index No
Podcast No
Author Sujan Sami
Industries Test and Measurement Instrumentation
WIP Number K5A9-01-00-00-00
Is Prebook No
GPS Codes 9404-A5,9594,9403,99FA,9593,9408