The 5G testing equipment market is poised to grow by $515.76 mn during 2023-2027, accelerating at a CAGR of 7.84% during the forecast period. The report on the 5G testing equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for improved network capacity to access connected services, increasing telecom subscriber base and rapid growth of urban population, and growing R&D and deployment of 5G network.
The 5G testing equipment market is segmented as below:
By Application
Oscilloscopes
Signal generators
Signal analyzers
Network analyzers
Others
By End-user
Telecom equipment manufacturers
Original device manufacturers
Telecom service providers
By Geographical Landscape
North America
Europe
APAC
Middle East and Africa
South America
This study identifies the software-defined testing for 5G equipment as one of the prime reasons driving the 5G testing equipment market growth during the next few years. Also, the transition from cable to OTA test methodologies and advent of a system-level approach will lead to sizable demand in the market.
The report on the 5G testing equipment market covers the following areas:
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