Meticulous Research®—a leading global market research
company, published a 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 2030.’
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The global 5G testing market is projected to reach $1.41
billion by 2030, at a CAGR of 12.4% from 2023 to 2030. 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. Furthermore, 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. However, the shortage of skilled labor resources for 5G
testing challenges this market's growth.
The global 5G testing market is segmented based on offering,
application, end-user and geography. The study also evaluates industry
competitors and analyses the regional and country-level markets.
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Based on offering, the global 5G testing market is segmented
into equipment, software, and outsourced services. In 2023, the equipment
segment is expected to account for the largest share of the global 5G testing
market. The equipment segment comprises signal generators, signal and spectrum
analyzers, oscilloscopes, network analyzers, and other equipment. The large
share of this segment is attributed to the emergence of 5G technologies, low
business risk factors, and increased network traffic.
Deployment of 5G testing equipment helps to prevent
potential infrastructure delays and 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).
Increased 5G network traffic, targeted marketing, and quality of experience
(QoE) maintenance is expected to further fuel the segment's growth.
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Based on application, the global 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
2023, 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. 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 the large share of this segment.
Based on end-user, the global 5G testing market is segmented
into telecom equipment manufacturers, TIC service providers, telecom service
providers, government and other end-users. In 2023, the telecom equipment
manufacturers segment is expected to account for the largest share of the 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,
across the globe. Telecommunications equipment manufacturers use 5G testing
equipment to access multiplexers, transmission lines, base transceiver
stations, and others. Test equipment facilitates instrument management, repair
technology, maintenance, calibration, and deployment of telecom networks. It
also ensures that the products adhere to international standards. 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).
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Based on geography, the global 5G testing market is
segmented into North America, Europe, Asia-Pacific, Latin America, and the
Middle East & Africa. In 2023, North America is expected to account for the
largest share of the 5G testing market. The region's large 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 also focused
on investing in R&D to integrate 5G technology in smartphones and
healthcare applications to enhance network performance.
Key Players
The key players profiled in the global 5G testing market
study include 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).
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