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Global 5G Testing Equipment Market to reach USD 3.51 billion by the end of 2030

Global 5G Testing Equipment Market Size study & Forecast, by Equipment Type (Oscilloscope, Signal Generator, Spectrum Analyzer, Network Analyzer, Others), by Application (Lab Testing, Performance Testing, Wireless and RF Testing), by End-User (Telecom Equipment Manufacturers, IDMs & ODMs, Others) and Regional Analysis, 2023-2030

Product Code: ICTICTI-53376925
Publish Date: 20-02-2024
Page: 200

Global 5G Testing Equipment Market is valued at approximately USD 1.69 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.7% during the forecast period 2023-2030. 5G Testing Equipment refers to the specialized tools and devices used to test and validate the performance, functionality, and compliance of 5G wireless communication networks. The 5G technology evolves and becomes more widespread, to ensure that the network infrastructure, devices, and applications meet the specified standards and deliver the expected level of performance. The 5G Testing Equipment Market is expanding because of factors such as rising usage of IoT and connected devices and growing 5G network traffic. 5G testing equipment plays a vital role in the development, deployment, and maintenance of 5G networks, contributing to the reliability and performance of the next-generation wireless communication technology. As a result, the demand for 5G Testing Equipment has progressively increased in the international market during the forecast period 2023-2030.

5G networks are designed to support a massive number of connected devices simultaneously. IoT devices, ranging from sensors to smart appliances, contribute to this massive connectivity. Testing equipment needs to simulate and handle scenarios with a high density of devices to ensure that the network can efficiently manage the increased traffic. According to Statista, in 2020 there were 9.76 billion Internet of Things (IoT) connected devices globally and projected to reach up to 29.42 billion IoT-connected devices by the year 2030. Furthermore, it is expected that the consumer sector takes the lead in the quantity of Internet of Things (IoT) connected devices, accounting for about 17 billion connected devices globally by the year 2030. Another important factor that drives the 5G Testing Equipment Market is increasing 5G network traffic. The higher data speeds and lower latency of 5G networks result in increased data traffic. Testing equipment is essential to evaluate the network’s capacity to handle this surge in data, ensuring that it can support the growing number of connected devices and applications without compromising performance. In addition, as per Statista, the number of 5G connections accounts for 0.13 billion in 2020 and is projected to grow up to 2.7 billion by the year 2025 globally. Moreover, the growing demand for high-speed internet and the surge in customer spending on smartphones and digitalization are anticipated to create lucrative growth opportunities for the market over the forecast period. However, technological complexities and high cost associated with 5G Testing Equipment is going to impede overall market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global 5G Testing Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing deployment of 5G network infrastructure and the presence of significant network service provider companies in the region. Network service providers strive to optimize the performance of their 5G networks to meet the increasing demands for data speed, low latency, and reliable connectivity. Testing equipment is employed to assess and optimize the performance of various network elements, including base stations, antennas, and core infrastructure. The region’s dominant performance is anticipated to propel the overall demand for 5G Testing Equipment. Furthermore, Asia Pacific is expected to grow fastest over the forecast period, owing to factors such as rising focus on deploying 5G network infrastructure for the media and entertainment and growing demand for smartphones in the region.

Major market player included in this report are:
Keysight Technologies
Anritsu Corporation
VIAVI Solutions Inc.
National Instruments Corporation
Tektronix, Inc.
Artiza Networks, Inc.
Mobileum Inc.
Teradyne Inc.
Spirent Communications plc

Recent Developments in the Market:
Ø In October 2022, EXFO, renowned experts in testing, monitoring, and analytics for the communications industry, announced the advantages stemming from a USD 15.9 million funding initiative from the federal government. This substantial support is poised to expedite the development of 5G technology and foster job creation. With this funding, EXFO aims to establish a 5G Centre of Excellence in Montreal, paving the way for the creation of 50 high-skilled job opportunities, primarily concentrated in the Montreal area.

Global 5G Testing Equipment Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Equipment Type, Application, End-User, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Equipment Type
Signal Generator
Spectrum Analyzer
Network Analyzer

By Application
Lab Testing
Performance Testing
Wireless and RF Testing

By End-User
Telecom Equipment Manufacturers

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. 5G Testing Equipment Market, by Region, 2020-2030 (USD Billion)
1.2.2. 5G Testing Equipment Market, by Equipment Type, 2020-2030 (USD Billion)
1.2.3. 5G Testing Equipment Market, by Application, 2020-2030 (USD Billion)
1.2.4. 5G Testing Equipment Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global 5G Testing Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global 5G Testing Equipment Market Dynamics
3.1. 5G Testing Equipment Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Rising usage of IoT and connected devices. Growing 5G network traffic
3.1.2. Market Challenges Technological Complexities High Cost associated with 5G Testing Equipment
3.1.3. Market Opportunities Growing demand for high-speed internet Surge in customer spending on smartphones and digitalization
Chapter 4. Global 5G Testing Equipment Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global 5G Testing Equipment Market, by Equipment Type
5.1. Market Snapshot
5.2. Global 5G Testing Equipment Market by Equipment Type, Performance – Potential Analysis
5.3. Global 5G Testing Equipment Market Estimates & Forecasts by Equipment Type 2020-2030 (USD Billion)
5.4. 5G Testing Equipment Market, Sub Segment Analysis
5.4.1. Oscilloscope
5.4.2. Signal Generator
5.4.3. Spectrum Analyzer
5.4.4. Network Analyzer
5.4.5. Others
Chapter 6. Global 5G Testing Equipment Market, by Application
6.1. Market Snapshot
6.2. Global 5G Testing Equipment Market by Application, Performance – Potential Analysis
6.3. Global 5G Testing Equipment Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. 5G Testing Equipment Market, Sub Segment Analysis
6.4.1. Lab Testing
6.4.2. Performance Testing
6.4.3. Wireless and RF Testing
Chapter 7. Global 5G Testing Equipment Market, by End-User
7.1. Market Snapshot
7.2. Global 5G Testing Equipment Market by End-User, Performance – Potential Analysis
7.3. Global 5G Testing Equipment Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
7.4. 5G Testing Equipment Market, Sub Segment Analysis
7.4.1. Telecom Equipment Manufacturers
7.4.2. IDMs & ODMs
7.4.3. Others
Chapter 8. Global 5G Testing Equipment Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. 5G Testing Equipment Market, Regional Market Snapshot
8.4. North America 5G Testing Equipment Market
8.4.1. U.S. 5G Testing Equipment Market Equipment Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 End-User breakdown estimates & forecasts, 2020-2030
8.4.2. Canada 5G Testing Equipment Market
8.5. Europe 5G Testing Equipment Market Snapshot
8.5.1. U.K. 5G Testing Equipment Market
8.5.2. Germany 5G Testing Equipment Market
8.5.3. France 5G Testing Equipment Market
8.5.4. Spain 5G Testing Equipment Market
8.5.5. Italy 5G Testing Equipment Market
8.5.6. Rest of Europe 5G Testing Equipment Market
8.6. Asia-Pacific 5G Testing Equipment Market Snapshot
8.6.1. China 5G Testing Equipment Market
8.6.2. India 5G Testing Equipment Market
8.6.3. Japan 5G Testing Equipment Market
8.6.4. Australia 5G Testing Equipment Market
8.6.5. South Korea 5G Testing Equipment Market
8.6.6. Rest of Asia Pacific 5G Testing Equipment Market
8.7. Latin America 5G Testing Equipment Market Snapshot
8.7.1. Brazil 5G Testing Equipment Market
8.7.2. Mexico 5G Testing Equipment Market
8.8. Middle East & Africa 5G Testing Equipment Market
8.8.1. Saudi Arabia 5G Testing Equipment Market
8.8.2. South Africa 5G Testing Equipment Market
8.8.3. Rest of Middle East & Africa 5G Testing Equipment Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Keysight Technologies Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Anritsu Corporation
9.3.3. VIAVI Solutions Inc.
9.3.4. National Instruments Corporation
9.3.5. Tektronix, Inc.
9.3.6. Artiza Networks, Inc.
9.3.7. Mobileum Inc.
9.3.8. Teradyne Inc.
9.3.9. Spirent Communications plc
9.3.10. EXFO Inc.
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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