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The OTA testing market was valued at USD 1.03 Billion in 2017 and is expected to reach USD 1.77 Billion by 2023, at a CAGR of 10.13%
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OTA Testing Market by Offering (Hardware, and Services), Technology (5G, LTE, UMTS, GSM, and CDMA), Applications (Telecommunication & Consumer Devices, Automotive , Smart City, Industrial), and Geography - Global Forecast to 2023 The report "OTA Testing Market by Offering (Hardware, and Services), Technology (5G, LTE, UMTS, GSM, and CDMA), Applications (Telecommunication & Consumer Devices, Automotive, Smart City, Industrial), and Geography - Global Forecast to 2023", estimated to grow from USD 1.1 billion in 2018 to USD 1.8 billion by 2023; it is expected to grow at a CAGR of 10.1%. The growing demand for low-power-consumption devices for machine-to- machine communication, along with low deployment cost drives the growth of OTA testing services and equipment. Also, with the advent of connected living and digitization, the market growth is likely to be driven by the ubiquitous testing of connectivity, inexpensive processing, sensors, and their ability to use the Internet. Telecommunication and consumer devices segment to hold largest size during forecast period OTA testing is a very critical in telecommunication and consumer devices. OTA testing has been implemented for technologies such as LTE, CDMA, and UMTS (WCDMA), as well as for all 4G, 3G, and 2G wireless products, including smartphones, feature phones, modules, IoT (M2M) devices, wireless routers, etc. Researchers and telecommunications equipment manufacturers are collaborating to develop prototypes for OTA testing for successful implementation of these technologies across various parts of the ecosystem which as a result drive the commercialization cycle of 5G. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=168439990 Services segment to hold largest share during forecast period OTA testing services are necessary to predict real-world wireless device reliability, safety, and performance capabilities. The OTA testing of products that incorporate wireless technology is required by many standard organizations, carriers, vendors, and regulatory bodies. OTA test has been standardized by CTIA and 3GPP to evaluate the end-to-end performance of single input single output (SISO) and multiple input multiple output (MIMO) devices. OTA testing help reduce compliance complexity, remediate potentially costly design errors, and meet demanding global go-to-market schedules LTE technology is expected to hold the largest market size of OTA testing market during forecast period The growing market size of OTA testing in LTE can be attributed to the increasing use of LTE technologies across the telecommunications and consumer device application. OTA testing for LTE-M for IoT applications will further drive the LTE segment. LTE-M, also known as LTE- MTC (machine-type communications), uses the same spectrum and base stations as LTE and enables true TCP/IP data sessions. LTE-M enables battery-powered devices to send and
receive data online via telecommunication service providers such as Verizon or AT&T connection. Key players in the OTA testing market include Intertek (UK), Bureau Veritas (France), Anritsu (Japan), Keysight Technologies (US), Rohde & Schwarz (Germany), Eurofins Scientific (Luxembourg), UL (US), Microwave Vision (Paris), SGS (Switzerland), and CETECOM (Essen), among others. Read More @ https://www.marketsandmarkets.com/PressReleases/ota-testing.asp About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. in high growth emerging segments. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441