Protocol analyzer market size is forecast to reach $1.08 billion by 2025, growing at CAGR 2.6% during 2020-2025 owing to the acceleration in the development of network infrastructure equipment and customer premise equipment for the upcoming 5G. Apart from this the growing development in the field of V2X and M2X communication is also set to assist the protocol analyzer market growth during the forecast period
Protocol analyzer top 10 companies operating in the market includes Teledyne LeCroy, Keysight Technologies, Rohde & Schwarz, Viavi Solutions, AWT Global (AceWavetech), Utel Systems, Tektronix, Utel System, Anritsu Corporation, GL Communications, Inc. and so on. The protocol analyzer market is analyzed to be consolidated with the top 5 players acquiring majority of the market. The significant presence of the major players with financial muscle and high entry barrier has been analyzed to exist in the market
