Overview
and Scope
5G device testing refers to the process of verifying and validating the
performance, functionality and interoperability of 5G-enabled devices. This
test is conducted to ensure that the devices meet the required technical
specifications, standards and regulations to identify any defects or issues
that may affect device performance or safety.
Sizing and Forecast
The 5g device testing market size has grown strongly in recent years. It will
grow from $1.49 billion in 2023 to $1.63 billion in 2024 at a compound annual
growth rate (CAGR) of 9.1%. The growth in the historic period can be
attributed to growing consumer demand,network capacity, quality assurance,
network optimization.
The 5g device testing market size is expected to see strong growth in the next
few years. It will grow to $2.32 billion in 2028 at a compound annual growth
rate (CAGR) of 9.3%. The growth in the
forecast period can be attributed to expansion of internet of things (iot),
network slicing, global expansion, wider adoption of 5g. Major trends in the
forecast period include customized testing solutions, cybersecurity testing,
advanced test automation, ai in testing.
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Segmentation & Regional Insights
The 5g device testing market covered in this report is segmented –
1) By Equipment: Oscilloscopes; Signal Generators; Spectrum Analyzers
2) By Revenue Type: New; Rental
3) By End-User: Telecom Equipment Manufacturers; Original Device Manufacturers;
Telecom Service Providers; Other End Users
North America was the largest region in the 5G device testing market in 2023.
Asia-Pacific is expected to be the fastest-growing region in the forecast
period. The regions covered in 5G device testing market report are
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East and Africa.
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Major Driver Impacting Market Growth
The increasing usage of IoT (Internet of Things) and connected devices is
expected to propel the growth of the 5G device testing market going forward.
IoT and connected devices refer to a network of physical objects, or things,
which are embedded with sensors, software and other technologies to connect and
exchange data over the internet. These connected devices can collect and share
information, perform actions based on that data and communicate with each other
and with central systems. 5G device testing often relies on IoT and connected
devices to simulate real-world scenarios, collect data, ensure the
functionality and performance of 5G-enabled devices and boost the credibility
and market acceptance of IoT devices. For instance, in February 2022, according
to the GSM Association, a UK-based non-profit organization, IoT connections
will reach 23.3 billion globally by 2025, up from 15.1 billion in 2021.
Therefore, the increasing usage of IoT and connected devices is driving the
growth of the 5G device testing market.
Key Industry Players
Major players in the 5g device testing market are ZTE Corporation, CommScope Holding Company
Inc., Keysight Technologies, Intertek Group PLC, Teradyne Inc., Rohde &
Schwarz GmbH & Company KG, National Instruments Corp., Viavi Solutions
Inc., Trex Enterprise Corporation, NETGEAR Inc., NetScout Systems Inc.,
Tektronix Inc., Cohu Inc., Anritsu Corporation, MACOM Technology solutions,
Spirent Communications PLC, InfoVista, LitePoint Corp., Teledyne LeCroy Inc.,
MPI Corporation, Artiza Networks Inc., JDS Uniphase Corporation, EXFO Inc.,
eMite, Accedian, GL Communications Inc., Narda Safety Test Solutions GmbH.
The 5g device testing market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
.
.
.
27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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