| Test and Measurement Market Capitalizes on Communications Industry Success
India’s growing reliance on telecommunications and data transmission is the
most powerful driver the industry has ever experienced. The success of this
market has carried over to the test and measurement (T&M) equipment
sector, which has a vital role in instrument operation. India’s goal to and attain
global communications standards should ensure the healthy growth of the
communications T&M equipment market over the forecast period.
This Frost & Sullivan research offers a comprehensive guide to the Indian
communications T&M equipment markets. By examining industry challenges
and supplying strategic recommendations, this analysis affords your firm the
opportunity to capitalize on key growth opportunities.
Fiber-Optic Cable Installations Drive Demand
With greater bandwidth and the ability to transmit voice and data
reliably, fiber-optic technology has rapidly attracted both individual and
corporate users within the Indian marketplace. Large organizations have been
willing to invest in installing their own fiber-optic infrastructure to support
specific needs. Upon completion, these ventures will form a formidable
communications network.
"The fiber-optic network projects currently underway are expected to result
in remarkable growth in the purchase and usage of T&M equipment as system
maintenance is reliant on T&M instruments. While the present economic
slowdown has forced some companies to postpone the purchase of T&M
equipment, the demand from this sector will stabilize over the long-term,"
states the study’s author.
Deregulation of Transmissions Sector Creates New Avenues of Growth
After years of government regulation, India has finally deregulated its national
and international long-distance telephony services, with no restrictions on the
number of market participants. This move is expected to compel private
service providers to construct a growing number of networks and
international gateways.
"The entry of new competitors into the long-distance services markets
portends a bright future for the T&M industry. This segment is expected to
create demand for additional communications equipment and associated T&M
equipment," says the analyst.
This Frost & Sullivan research examines the unique features of the Indian
marketplace, enabling your company to successfully maximize its returns.
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