5G Testing Equipment Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of 5G Testing Equipment Market
The worldwide market for 5G testing equipment was worth USD 1.83 billion in 2023. It's expected to develop from USD 2.00 billion in 2024 to USD 4.17 billion via 2032, with an average annual growth rate of 9.6% over the forecast period from 2024 to 2032.
The COVID-19 pandemic extended demand for consistent network connectivity, boosting network traffic and far flung work. This caused stronger 5G deployment by operators, growing tremendous growth possibilities for the 5G trying out gadget market.
The developing demand for high-speed net connectivity in IoT gadgets is boosting the 5G testing device marketplace. 5G deployment enhances the rate, protection, and performance of IoT communications, supporting huge-scale IoT applications with various Quality of Service (QoS) necessities and facilitating low-price deployment of new technology.
Software-defined testing for 5G equipment is a key trend, driven by the need for highly reliable, low-latency connectivity in manufacturing and emergency communication. Additionally, 5G's role in smart cities, IoT integration, and bridging the digital divide is expanding its deployment across sectors.
Comprehensive Analysis of 5G Testing Equipment Market
Segmentation in the 5G Testing Equipment market share is driving the market because it allows companies to target specific customer groups with tailored services and solutions. The 5G testing equipment market is categorized based on equipment type, application, and end-user. The equipment types include oscilloscopes, signal generators, spectrum analyzers, network analyzers, and others. Applications of this equipment span across lab testing, performance testing, and wireless and RF testing. The end-users of 5G testing equipment are diverse, including telecom equipment manufacturers, Integrated Device Manufacturers (IDMs) and Original Design Manufacturers (ODMs), among others.
North America leads the 5G trying out gadget market due to early 5G infrastructure deployment and the presence of fundamental community provider vendors. The location's telecom vendors followed 5G testing gadget early, and ongoing technological advancements are riding in addition marketplace increase and solidifying its main position.
Key players in the 5G Testing Equipment market drive expansion through strategic partnerships, acquisitions, and innovative products, aiming to maintain dominance across regions and enhance global service reach.Key players in the 5G testing equipment market include VIAVI Solutions Inc. (U.S.), Anritsu (Japan), Spirent Communications (U.K.), Keysight Technologies (U.S.), TEKTRONIX, INC. (U.S.), Artiza Networks, Inc. (Japan), Teradyne Inc. (U.S.), Mobileum (U.S.), NATIONAL INSTRUMENTS CORP. (U.S.), and EXFO Inc. (Canada).
Artiza Networks, Inc. Introduced FH MONITOR, a high-performance network checking out device, in February 2024. With its full-size analysis abilties and streamlined taking pictures proof for check situations, this RF developer-designed device expedites O-RU debugging and improves the testing environment for community trying out and improvement.
Segementation Table
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Growth Rate CAGR of 9.6 % from 2024 to 2032
Unit Value (USD Billion)
Segmentation By Equipment Type
Oscilloscope
Signal Generator
Spectrum Analyzer
Network Analyzer
Others (Power Analyzer, Logic Analyzer)
By Application
Lab Testing
Performance Testing
Wireless and RF Testing
By End-User
Telecom Equipment Manufacturers
IDMs & ODMs
Others (Telecom Service Providers)
By Region
North America (By Equipment Type, Application, End-User, and Country)
- U.S. (By End-User)
- Canada (By End-User)
- Mexico (By End-User)
Europe (By Equipment Type, Application, End-User, and Country)
- U.K. (By End-User)
- Germany (By End-User)
- France (By End-User)
- Italy (By End-User)
- Spain (By End-User)
- Rest of Europe
Asia Pacific (By Equipment Type, Application, End-User, and Country)
- China (By End-User)
- Japan (By End-User)
- India (By End-User)
- South East Asia (By End-User)
- Rest of Asia Pacific
Middle East & Africa (By Equipment Type, Application, End-User, and Country)
- GCC (By End-User)
- South Africa (By End-User)
- Rest of the Middle East & Africa
South America (By Equipment Type, Application, End-User, and Country)
- Brazil (By End-User)
- Argentina (By End-User)
- Rest of South America
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