The OTA testing market share should rise by USD 1.46 billion from 2021 to 2025 at a CAGR of 11.24%.
This OTA testing market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by solution (software and services and hardware and accessories) and geography (APAC, North America, Europe, MEA, and South America). The OTA testing market report also offers information on several market vendors, including Anritsu Corp., Bureau Veritas SA, Eurofins Scientific SE, Intertek Group Plc, Keysight Technologies Inc., Microwave Vision, Rohde and Schwarz GmbH and Co. KG, RWTUV GmbH, SGS SA, and UL LLC among others.
What will the OTA Testing Market Size be in 2021?
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OTA Testing Market: Key Drivers and Trends
The increasing demand for IoT applications is notably driving the OTA testing market growth, although factors such as lack of radiated antenna performance may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the OTA testing industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.
This OTA testing market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Who are the Major OTA Testing Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Anritsu Corp.
- Bureau Veritas SA
- Eurofins Scientific SE
- Intertek Group Plc
- Keysight Technologies Inc.
- Microwave Vision
- Rohde and Schwarz GmbH and Co. KG
- RWTUV GmbH
- SGS SA
- UL LLC
The vendor landscape of the OTA testing market entails successful business strategies deployed by the vendors. The OTA testing market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the OTA testing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Which are the Key Regions for OTA Testing Market?
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37% of the market’s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for OTA testing in APAC.
The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The increasing demand for LTE technologies will facilitate the OTA testing market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.
What are the Revenue-generating Solution Segments in the OTA Testing Market?
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The OTA testing market share growth by the software and services segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.
This report provides an accurate prediction of the contribution of all the segments to the growth of the OTA testing market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.
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OTA Testing Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 11.24% |
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Market growth 2021-2025 |
$ 1.46 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
10.69 |
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Regional analysis |
APAC, North America, Europe, MEA, and South America |
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Performing market contribution |
APAC at 37% |
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Key consumer countries |
US, China, Japan, Germany, and India |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
Anritsu Corp., Bureau Veritas SA, Eurofins Scientific SE, Intertek Group Plc, Keysight Technologies Inc., Microwave Vision, Rohde and Schwarz GmbH and Co. KG, RWTUV GmbH, SGS SA, and UL LLC |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Factors Covered in this OTA Testing Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive OTA testing market growth during the next five years
- Precise estimation of the OTA testing market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the OTA testing market across APAC, North America, Europe, MEA, and South America
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of OTA testing market vendors
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