The global 5g device testing market 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.
The IoT (Internet of Things) and connected device adoption is poised to fuel the expansion of the 5G device testing market in the foreseeable future. IoT and connected devices comprise a network of physical objects equipped with sensors, software, and other technologies to facilitate data exchange over the internet. These interconnected devices can gather and share information, execute actions based on that data, and communicate with each other and central systems. 5G device testing frequently leverages IoT and connected devices to replicate real-world scenarios, gather data, ensure the functionality and performance of 5G-enabled devices, and enhance the credibility and market acceptance of IoT devices. For instance, as of February 2022, the GSM Association, a UK-based non-profit organization, predicts that global IoT connections will reach 23.3 billion by 2025, a notable increase from 15.1 billion in 2021. Consequently, the escalating adoption of IoT and connected devices is a key driver behind the growth of the 5G device testing market.
The surge in smartphone adoption is anticipated to drive the expansion of the 5G device testing market in the coming years. Smartphone adoption, also known as smartphone penetration or usage, refers to the percentage of a specific population or market that possesses and utilizes smartphones. These devices play a crucial role in testing the real-world performance of 5G networks and devices. They enable the verification of the reliability, speed, and functionality of 5G technology in various everyday usage scenarios, ensuring a seamless and high-quality user experience. For instance, as of February 2023, data from Uswitch Limited, a UK-based financial conduct authority, indicated that starting in 2022, there were 71.8 million mobile connections in the UK, reflecting a 3.8% increase (or approximately 2.6 million) over 2021. The UK population is projected to reach 68.3 million by 2025, with around 95% (or roughly 65 million individuals) expected to own a smartphone. Consequently, the mounting adoption of smartphones is a significant catalyst behind the growth of the 5G device testing market.
The delay in the semiconductor supply chain is projected to hinder the progress of the 5G device testing market. A shortage of telecom chips, which are pivotal components in cutting-edge communication technologies like 5G, has led to a significant gap between supply and demand in the semiconductor industry. This shortage of semiconductors could potentially disrupt chip availability for the production of smartphones, routers, and IoT devices, subsequently impacting the availability of 5G testing devices and services. For instance, as of April 2022, data from Goldman Sachs, a US-based investment banking company, revealed that the global semiconductor shortage has affected 169 different industries. The prices of computers, computer accessories, and smart devices saw a year-on-year increase of 3.7%. Consequently, the delay in the semiconductor supply chain stands as a notable obstacle in the growth of the 5G device testing market.
Prominent players in the 5G device testing market are dedicated to driving innovation in technology, exemplified by the creation of cutting-edge products like the one-box tester. This strategic focus on innovation is crucial for maintaining and enhancing their market position. The one-box tester stands as a robust testing platform designed for streamlined device assessment. It consolidates various testing functionalities into a single unit, significantly expediting the configuration process for all 5G NR deployments. For instance, in February 2022, Rohde & Schwarz USA Inc., a German telecommunications company, unveiled the R&S CMX500 one-box tester, a revolutionary 5G testing platform that simplifies device evaluation. It serves as an all-in-one solution capable of evaluating all facets of 5G devices, encompassing RF, protocol, and application layer testing. This approach proves more efficient and cost-effective compared to conventional methods requiring multiple testers. Furthermore, its forward-looking design supports high data rates and incorporates a user-friendly web-based graphical interface, ensuring that 5G testing is straightforward and accessible for device manufacturers.
In March 2021, Spirent Communications PLC, a telecommunications company headquartered in the UK, completed the acquisition of OctoScope Inc. for a sum of $55 million. This strategic move is set to significantly enhance Spirent Communications' capabilities in 5G device testing, solidify its position within the wireless test market, and provide access to OctoScope's established customer base. OctoScope Inc. is a technology company based in the US, specializing in the provision of 5G device testing services.
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.
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 report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the 5G device testing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary equipment employed in 5G device testing comprises oscilloscopes, signal generators, spectrum analyzers, network analyzers, and other specialized tools. Oscilloscopes are electronic testing instruments used for visualizing and analyzing electrical signals in the time domain. This encompasses revenue from both new equipment sales and rentals. Oscilloscopes are electronic testing instruments used for visualizing and analyzing electrical signals in the time primary equipment employed in 5G device testing comprises oscilloscopes, signal generators, spectrum analyzers, network analyzers, and primary equipment employed in 5G device testing comprises oscilloscopes, signal generators, spectrum analyzers, network.
This report provides 5G device testing market statistics, including 5G device testing industry global market size, regional shares, competitors with a 5G device testing market share, detailed 5G device testing market segments, market trends and opportunities and any further data you may need to thrive in the 5G device testing industry. This 5G device testing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The 5G device testing market consists of revenues earned by entities by providing services such as performance testing, protocol conformance testing, radio frequency testing, interoperability testing, security testing and functional testing. The market value includes the value of related goods sold by the service provider or included within the service offering. The 5G device testing market also includes sales of testing equipment and tools, such as network simulators, radio frequency testers, channel emulators, spectrum analyzers and automated test systems, which are used in providing 5G device testing services. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
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Table of Contents
Executive Summary
This report provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on 5g device testing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for 5g device testing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
Report Scope
Markets Covered:
1) By Equipment: Oscilloscopes; Signal Generators; Spectrum Analyzers2) By Revenue Type: New; Rental
3) By End-User: Telecom Equipment Manufacturers; Original Device Manufacturers; Telecom Service Providers; Other End Users
Key Companies Mentioned: ZTE Corporation; CommScope Holding Company Inc.; Keysight Technologies; Intertek Group plc; Teradyne Inc
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
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