Global Network Analyzers Market: Regional Insights
The global network analyzers market is regionally segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America among regions is anticipated to dominate the global network analyzers market over the forecast period. This can be attributed to increasing emergence of innovative information, communication and service products that ensure connected and safer world to the government and industry customers. For instance, in October 2019, NetAlly launched EtherScope nXG Portable Network Expert, which is a strong handheld network tester that helps network technicians and engineers in rapidly identifying, testing, verifying, and solving enterprises access networks. Moreover, increasing growth of IoT in the region is leading to high demand for network analyzers, which in turn is driving growth of the market across the region.
Furthermore, Asia Pacific is also expected to witness strong growth in the global network analyzers market over the forecast period. The growth of the region is due to increase in adoption as well as implementation of microwave technology in several end-user industries, presence of vast customer base offering lucrative investment opportunities, and increasing developments in wireless communication and IoT in countries such as Japan, India, and China in the region. For instance, as per the European Commission, in 2023, Asia-Pacific region is anticipated to dominate IoT spending market.
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