Wireless Testing Market Report: Trends, Forecast and Competitive Analysis to 2030

Wireless Testing Market Report: Trends, Forecast and Competitive Analysis to 2030

Wireless Testing Trends and Forecast

The future of the global wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets. The global wireless testing market is expected to reach an estimated $23.0 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Wireless Testing by Segment

The study includes a forecast for the global wireless testing by offering, technology, application, and region.

Wireless Testing Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Equipment
• Services

Wireless Testing Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Wi-Fi 
• Bluetooth
• 2G/3G
• 4G/Lte
• 5G
• Others

Wireless Testing Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Consumer Electronics
• Automotive
• IT and Telecommunications
• Energy and Power
• Medical Devices
• Aerospace and Defense
• Industrial
• Others

Wireless Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Wireless Testing Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless testing companies profiled in this report include-

• Anritsu Corporation
• Bureau Veritas
• Eurofins Scientific
• Intertek Group
• Keysight Technologies
• Rohde & Schwarz
• Thales Group

Wireless Testing Market Insights

Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.

Within this market, consumer electronics will witness the highest growth over the forecast period due to growing demand for wearables and smart electronic gadgets and rising awareness about futness and health consumers prefer smart fitness bands.

APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.

Features of the Global Wireless Testing Market

Market Size Estimates: Wireless testing market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Wireless testing market size by offering, technology, application, and region in terms of value ($B).

Regional Analysis: Wireless testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offerings, technologies, applications, and regions for the wireless testing market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless testing market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the wireless testing market size?

Answer: The global wireless testing market is expected to reach an estimated $23.0 billion by 2030.

Q.2 What is the growth forecast for wireless testing market?

Answer: The global wireless testing market is expected to grow with a CAGR of 8.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the wireless testing market?

Answer: The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.

Q4. What are the major segments for wireless testing market?

Answer: The future of the wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets.

Q5. Who are the key wireless testing market companies?

Answer: Some of the key wireless testing companies are as follows:

• Anritsu Corporation
• Bureau Veritas
• Eurofins Scientific
• Intertek Group
• Keysight Technologies
• Rohde & Schwarz
• Thales Group

Q6. Which wireless testing market segment will be the largest in future?

Answer: Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.

Q7. In wireless testing market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the wireless testing market by offering (equipment and services), technology (Wi-FI, bluetooth, 2G/3G, 4G/LTE, 5G, and others), application (consumer electronics, automotive, IT and telecommunications, energy and power, medical devices, aerospace and defense, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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