Digital Storage Oscilloscope Market Aided by Rising Use of IoT

San Francisco, California, August 03, 2017: TMR Research announces a new report in its growing inventory of electronics industry reports. The report examines the global digital storage oscilloscope market and provides readers with a clear view of the market’s historical growth trajectory, its latest figures, and likely growth prospects. The report is titled ‘Digital Storage Oscilloscope Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.’

Digital storage oscilloscopes can maintain a log of electronic events that have occurred in the absence of a user. This makes them crucial in the management of electronic devices. The rising use of electronic devices in a variety of sectors is thus likely to drive demand from the global digital storage oscilloscope market. Analog oscilloscopes were previously in use, but they didn’t provide long-term storage of events. Digitally backed data storage resources have solved that issue, making steady growth of the digital storage oscilloscope market likely in the coming years.

The rising intelligence of electronic devices has created a huge demand channel for the global digital storage oscilloscope market. The increasing complexity required in the function of modern electronic devices has driven the demand for corresponding sophistication in digital storage oscilloscopes and other devices used to check the functioning of electronic devices. The growth of the Internet of Things sector is likely to further aid the growth prospects of the digital storage oscilloscopes market in the coming years, as individual electronic components are likely to become increasingly important to the functioning of whole systems and thus likely to require more scrutiny in order to ensure peak performance.

The rising adoption of smart grid and smart telecommunications systems is also vital for the global digital storage oscilloscopes market. The booming smartphone market has made advancement in the telecommunication sector highly profitable, which has led to electronic systems becoming vital to the telecommunications sector in recent years. The growing involvement of governments in improving the availability of telecommunications services in their countries, due to the steady benefits they provide in terms of making urban development easier, is likely to help the digital storage oscilloscope market.

The rising use of digital technology in medical devices is also likely to remain a crucial driver for the digital storage oscilloscope market in the coming years. The precision provided by digital instruments has become a key feature of modern healthcare services, making instruments such as digital storage oscilloscopes vital for continued growth of the medical devices industry at the rates it has exhibited in recent years.

Key digital storage oscilloscope market players examined in the report include Agilent Technologies, Tektronix Inc., Rohde & Schwarz GmbH, and Teledyne LeCroy.

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