Acknowledging the kind of traction gained by this market, recently published a study report asserts in 2022, the global 5G Testing Equipment market size was US$ 1936.2 million and it is expected to reach US$ 3591 million by the end of 2027, registering a phenomenal CAGR of 9.4% during the review period (2022 to 2027).
Network connectivity remains a rapidly evolving space from 2G to 3G, 4G, and currently 5G. Several industry verticals are violently dedicated to technological morphosis to develop their operational efficiency and productivity in order to sustain themselves in an intensely competitive environment. Wireless technology holds strong potential in creating revolutionary changes across verticals through economic reductions and productivity enhancements. Complete deployment of a 5G network by any carrier is likely to be a long-standing process. However, there remains significant ground to be covered in terms of developing the specified network architecture. Several sectors such as chipset producers, device constructors, and network operators require an array of testing solutions to test and validate the design and power needs of the 5G components. If the communication testing industry can report the end-user requirements appropriately, there remains a sizeable commercial opportunity to capitalize on.
The 5G testing apparatus are used for pre-commissioning and post commissioning testing of network mechanisms across the 5G infrastructure. 5G network is aimed to bring high network speed, reduced latency and efficient communication crosswise wide range of applications, thus is expected to gain widespread adoption in coming years. Placement across emergency message, Net of Things, and mobile broadband applications is expected to offer prominent adoption. This is anticipated to offer protuberant chances to testing gear producers throughout the forecast period
April 28, 2022: Anritsu and Comprion Announce eSIM Test Profile Download Service for 5G and 4G Protocol Testing
Anritsu Corporation and Comprion are pleased to announce the availability of downloadable 5G and 4G embedded SIMs (eSIMs) test profiles for use with the Anritsu Radio Communications Test Station MT8000A and Rapid Test Designer (RTD) application software.
May 10, 2022: Intertek Launches Innovative Digital Chemical Management Platform
Intertek (or the “Group”), a leading Total Quality Assurance provider to industries worldwide, is pleased to announce the launch of an innovative digital chemical management platform for fashion industry stakeholders to detox their supply chains by reducing hazardous chemicals used in the input, process, and output stages.
The 5G Testing Equipment Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end-users. The three dependencies for the status of major companies in the market are company profile, profitable gross margin, the prices they charge. These are the main players in this market including Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology, Rohde & Schwarz, Teradyne Inc., Viavi Solutions Inc., LitePoint, Trex Enterprises, Siklu Communication Ltd, PRISMA Telecom, Vendors covered, Market positioning, Spirent Communications and others.
By Type, it is segmented into
By type, signal analyzers are the most commonly used type, with about 50.37% revenue share in 2019.
By Applications, it is segmented into
By application, network optimization is the largest segment, with a market share of about 37% in 2019.
North America subjected the market to a share of 41.9% in 2019. This is attributed to the growing deployment of 5G network infrastructure and the presence of significant network service provider companies, such as AT&T, who have adopted 5G testing equipment at an early stage. The Asia Pacific is anticipated to witness significant growth over the forecast period. Major market players in China, Japan, and South Korea are projected to focus on deploying 5G network infrastructure for the media and entertainment, transportation and logistics, healthcare, manufacturing, among other industry verticals.
Forecast Period 2022 to 2028 CAGR
CAGR of 9.4% during the review period (2022 to 2027).
Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology, Rohde & Schwarz
2017 to 2021
2022 to 2027
Number of Pages
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How big is the 5G testing equipment market?
The global 5G testing gear market size was projected at USD 1.67 billion in 2020 and is expected to reach USD 1.79 billion in 2022.
Which section reported for the main 5G testing gear market share?
North America conquered the 5G testing equipment market with a share of 41.97% in 2019. This is attributable to cumulative placement of 5G network infrastructure and the presence of significant network service breadwinner businesses who have adopted 5G skill at an early phase.
What are the issues lashing the 5G testing equipment market?
Key factors that are heavy the market growth comprise snowballing mobile data traffic, rising acceptance of smart gadgets, and increasing technological advances in the networking industry among others.
Who are the key players in 5G testing equipment market?
Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology, Rohde & Schwarz, Rohde & Schwarz, VIAVI Solutions Inc., Keysight Technologies, Anritsu, LitePoint.
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.