5G Testing Equipment Market Share

APAC Market Forecast

The 5G testing equipment market in the Asia Pacific is poised to hold a share of about 43% by the end of 2037. The market demand in the region is owing to the government's initiative to encourage the use of the 5G test bed. For instance, the Indian government has decided to provide the Indigenous 5G Test Bed to government-recognized start-ups, MSMEs, and other 5G stakeholders, including industry, academia, service providers, R&D institutions, government bodies, and equipment manufacturers, at no cost and at a very low fee to test and expedite the development and deployment of their products in the network.

The Indigenous 5G Test Bed offers an open 5G test bed where research and development teams from academia and industry in India can validate their products, prototypes, and algorithms, help operators plan their future networks, and offer the facilities of 5G networks for testing. This may create a lucrative demand for 5G testing equipment in the region.

North American Market Statistics

The North America region will also encounter enormous growth for the 5G testing equipment market in the coming years and will hold the second position, credited to the increasing number of internet users in this region. More than 14% of adult Americans use the internet only on their smartphones these days since many of them find it impossible to live without it, driven by the rising acceptance of online services such as social media, streaming video, and e-commerce. For instance, with more than 330 million internet users as of January 2024, the US has one of the biggest online markets in the world.