TechNavio says 5G, interoperability testing and outsourcing will impact global test market

The emergence of “5G,” greater need for interoperability testing and an increase in outsourcing are the top three emerging trends in the global test market for general-purpose test equipment, according to research firm TechNavio.

TechNavio concluded that the development of 5G as well as the need for test equipment that can be used to test a broad range of products and ensure interoperability, will boost the market to the tune of a compound annual growth rate of almost 5% per year until 2021. The general-purpose test equipment market, including oscilloscopes, spectrum analyzers, signal generators, power meters and other test equipment, is expected to reach $6.58 billion by 2021.

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