5G Testing Equipment Market Trends

  • Report ID: 5831
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

5G Testing Equipment Market Trends

Growth Drivers

  • Growing adoption of IoT and connected devices - It gets harder to prevent product connectivity issues as the Internet of Things (IoT) ecosystem's systems and devices get more complicated; therefore, to confirm call connection, cell selection/reselection, access control, and any mobility implications in NPN contexts, 5G IoT devices need to be properly tested with the help of 5G testing equipment. As per estimates, there will be more than 25 billion IoT devices in use globally by 2030.
  • Rising number of data centers - An important trend driving the development of a "decentralized small cell network of edge data centers to provide low cost, low latency support for high device density" use case is 5G, which puts more strain on resources and already-existing infrastructure in 5G data centers. For instance, in December 2023, there were more than 10,975 data center locations worldwide.
  • Surging need for testing in radios - Radios and other 5G infrastructure components with 5G testing equipment since testing sophisticated technologies is necessary for 5G New Radio (5G NR), which includes front-haul (CPRI/eCPRI), mid-haul (eCPRI/25GE/50GE), back-haul (100GE, 400GE), optical technologies (Single lambda/CWDM/DWDM), and higher bandwidth modulation methods.
  • Increasing chipset manufacturing - There will be a list of tests to be completed for each new gadget sporting a 5G chipset since it is necessary to ensure the quality and stability of 5G chipset, terminal, and module products.

Challenges

  • Exorbitant cost of 5G testing - More than just the purchase price, the sum paid for the hardware and software at installation is also involved in the cost of 5G testing equipment, which also requires 5G radios and antennas. These pieces of equipment need large investments from the telecom operators, which may have an impact on their capacity to maintain a stable financial position.
  • The deployment of 5G requires a significant financial outlay that includes hiring RF engineers with the necessary skills to handle 5G workloads and purchasing sophisticated 5G testing equipment.
  • The complexity associated with 5G technology may hamper 5G testing equipment market growth.
  • Challenges to ensure interoperability among several 5G equipment vendors

5G Testing Equipment Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

9.3%

Base Year Market Size (2024)

USD 2.09 billion

Forecast Year Market Size (2037)

USD 6.64 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Abhishek Verma


  • Report ID: 5831
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of 5G testing equipment is evaluated at USD 2.25 billion.

The 5G testing equipment market size was valued at USD 2.09 billion in 2024 and is set to exceed USD 6.64 billion by 2037, expanding at over 9.3% CAGR during the forecast period i.e., between 2025-2037. The market growth is due to rising number of 5G smartphone subscriptions across the globe, leading to a higher need for 5G testing equipment for the verification of the quality of 5G networks.

Asia Pacific industry is set to hold largest revenue share of 43% by 2037, due to government initiative to encourage the use of the 5G test bed in the region.

The major players in the market include Analog Devices Inc., Anritsu Corp., Artiza Networks Inc., Ceragon Networks Ltd., CommScope Holding Co. Inc., EXFO Inc., Fortive Corp., GL Communications Inc., Innowireless Co. Ltd., Intertek Group Plc
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