Demand grows in Latin America for general-purpose test equipment

摘要

The total Latin American general purpose test equipment market generated $75.9 million in revenue in 2011 and the compound annual growth rate (CAGR) is estimated at 12.6 percent for the . forecast period 2012-2018. The continuous upgrade and migration from 2G and 3G to 4G technologies is driving market demand. The deployment of 3G is ongoing in the region, increasing the demand for spectrum and network analyzers and similar equipment. LTE has already been deployed in Brazil, Colombia, Uruguay, and Puerto Rico. A number of 4G trials and deployments that are expected to generate growth for this market going forward will begin in 2012. This will create a "wireless decade" over the next 10 years.