PUBLISHER: Meticulous Research | PRODUCT CODE: 1518399
PUBLISHER: Meticulous Research | PRODUCT CODE: 1518399
5G Testing Market by Offering (Equipment, Outsourced Services), Application (5G Fixed Wireless Access Deployment Testing, Converged 5G xHaul Transport, 5G Small Cell Testing, Dark Fiber Testing), End User and Geography-Global Forecast to 2031.
The research report titled, '5G Testing Market by Offering (Equipment, Outsourced Services), Application (5G Fixed Wireless Access Deployment Testing, Converged 5G xHaul Transport, 5G Small Cell Testing, Dark Fiber Testing), End User and Geography-Global Forecast to 2031', provides an in-depth analysis of the global 5G testing market across five major geographies and emphasizes on the current market trends, market sizes, market shares, recent developments, and forecasts till 2031.
The global 5G testing market is projected to reach $1.6 billion by 2031, at a CAGR of 12.4% from 2024 to 2031.
The growth of this market is attributed to the growth in the 5G market, the increasing need for vulnerability assessment of 5G devices, and favorable initiatives for 5G test services. Additionally, the 5G standardization and applications focused on enhanced mobile broadband (eMBB) and technological innovations for innovative test and measurement solutions are expected to create significant opportunities for this market. Furthermore, the need for more skilled labor resources for 5G testing challenges the growth of this market.
The 5G testing market is segmented based on offering (equipment [signal generators {modular microwave signal generators and vector signal generators}, signal and spectrum analyzers, oscilloscopes, network analyzers {scalar network analyzers (SNA) and vector network analyzers (VNA)}, and other equipment], software, and outsourced services), application (5G fixed wireless access deployment testing, converged 5G xHaul transport, 5G small cell testing, dark fiber testing, and other application), and end-user (telecom equipment manufacturers, TIC service providers, telecom service providers, government, and other end users). This study also evaluates industry competitors and analyzes the market at the regional and country levels.
Based on offering, the 5G testing market is segmented into equipment, software, and outsourced services. In 2024, the equipment segment is expected to account for the largest share of the global 5G testing market. The equipment segment comprises signal generators, signal & spectrum analyzers, oscilloscopes, network analyzers, and other equipment. This segment's large market share is attributed to the emergence of 5G technologies, lower business risk factors, and increased network traffic.
Deployment of 5G testing equipment helps to prevent potential infrastructure delays & deployment issues. Further, it provides large-scale analytical models and technology solutions to analyze the system scenario through network analytics for the telecom service providers (TSP). Moreover, increased 5G network traffic, targeted marketing, and quality of experience (QoE) maintenance are expected to further fuel this segment's growth.
Based on application, the 5G testing market is segmented into 5G fixed wireless access deployment testing, converged 5G xHaul transport, 5G small cell testing, dark fiber testing, and other applications. In 2024, 5G small-cell testing is expected to account for the largest share of the global 5G testing market. As consumer demand for high-speed mobile data connectivity steadily increases, next-generation 5G radio access network (RAN) deployments are rising. Additionally, the deployment of 5G small cell networks is on the rise in industrial, enterprise, and residential applications to provide extended coverage capacity at an affordable price; increasing mobile data traffic worldwide is driving carriers to move to higher network densities to provide high-speed capacity to a large number of consumers. The increasing number of smart cities, especially in developed countries such as the U.S., Canada, Singapore, U.K., Germany, Italy, and France, is driving the deployment of 5G small cell networks in residential, commercial, government, and industrial applications, contributing to this segment's large market share.
Based on end user, the 5G testing market is segmented into telecom equipment manufacturers, TIC service providers, telecom service providers, government, and other end-users. In 2024, the telecom equipment manufacturers segment is expected to account for the largest share of the global 5G testing market. The large share of this segment is attributed to the increase in the deployment of 5G networks and long-term evolution, such as LTE networks. Telecommunications equipment manufacturers use 5G testing equipment to access multiplexers, transmission lines, base transceiver stations, and others. Telecom equipment manufacturers ensure that broadband service providers deliver a high-quality experience to their users and effective service management via technologies such as Voice over Internet Protocol (VoIP) and Internet Protocol TV (IPTV).
Based on geography, the 5G testing market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of the global 5G testing market. The region's large market share is attributed to the increasing deployment of 5G network infrastructure and the presence of significant network service provider companies, such as AT&T Inc. (U.S.), who have adopted 5G testing equipment early. The regional companies are focused on investing in R&D to integrate 5G technology in smartphones and healthcare applications to enhance network performance.
The key players operating in the global 5G testing market are ANRITSU CORPORATION (Japan), Artiza Networks, Inc. (Japan), EXFO Inc. (Canada), PCTEL, Inc. (U.S.), Intertek Group plc (U.K.), Keysight Technologies, Inc. (U.S.), MACOM Technologies Solutions Holdings, Inc. (U.S.), Rohde & Schwarz GmbH & Co. KG (Germany), Teradyne Inc. (U.S.), VIAVI Solutions Inc. (U.S.), Telefonaktiebolaget LM Ericsson (Sweden), Trex Enterprises Corporation. (U.S.), Siklu Communications, Ltd. (Israel), GL communications Inc. (U.S.) and Innowireless Co., Ltd. (South Korea).
5G Testing Market-by Offering
5G Testing Market-by Application
5G Testing Market-by End User
5G Testing Market-by Geography