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Frost & Sullivan values the global Wi-Fi test equipment market at nearly $1,245.3 million in 2023 and expects it to experience a compound annual growth rate of 7.3% from 2023 to 2028. This market includes a variety of solutions and tools used to verify the functionality and reliability of Wi-Fi networks, including spectrum analyzers, signal generators, protocol analyzers, network analyzers, wireless performance test systems, semiconductor validation systems, and other radio frequency and network validation solutions. This Frost Radar™ focuses on vendors of Wi-Fi testing and validation solutions for all generations of Wi-Fi technology.
Key drivers of the Wi-Fi test equipment market include the increasing demand for high-speed and reliable wireless connectivity; rapid growth of the Internet of Things; advancements in wireless technologies and test equipment; government initiatives such as smart city programs; and the growth of multi-user, multiple input, multiple output (MU-MIMO) technology.
Research and development and close collaborations with customers and standards bodies will be imperative for vendors to remain successful. In addition, vendors will try to differentiate their products with features and functionalities that focus on modularity, scalability, and ease of use.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.