Overview and Scope
Wireless testing refers to a process that evaluates electrical products that are intended to be operated without wires and tests their ability to connect with other devices and networks and perform operational tasks using the connection. It is used to ensure wireless products connect and interoperate with each other.
Sizing and Forecast
The wireless testing market size has grown strongly in recent years. It will grow from $13.22 billion in 2023 to $14.24 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to increased complexity in wireless networks, increased demand for faster time-to-market, globalization and market competition, emergence of m2m communication, wi-fi standard advancements..
The wireless testing market size is expected to see strong growth in the next few years. It will grow to $19.68 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. The growth in the forecast period can be attributed to shift towards software-defined networking (sdn), edge computing testing needs, industry-specific testing demands, connected vehicle testing, increasing focus on quality of service (qos).. Major trends in the forecast period include 5g network rollout, iot expansion, connected devices proliferation, emergence of wi-fi 6 and wi-fi 6e, telecommunication standards evolution..
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Segmentation & Regional Insights
The wireless testing market covered in this report is segmented –
1) By Offering: Equipment, Services
2) By Connectivity Technology: Wi-Fi, Bluetooth, 2G/3G, 4G/LTE, 5G
3) By Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, Other Applications
North America was the largest region in the wireless testing market share in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The development and deployment of the 5G network is a major driver propelling the growth of the wireless testing market. 5G is the 5th generation mobile network, which delivers higher multi-Gbps peak data speeds, ultra-low latency, more reliability, massive network capacity, increased availability, and a more consistent user experience to more users. 5G networks allow wireless devices’ tosmooth and latency-free operation, thus driving demand for wireless testing. For instance, in August 2022, an Indian telecommunications company, Airtel, signed 5G network agreements with Ericsson, Nokia, and Samsung to deploy 5G networks in India. Therefore, the development and deployment of the 5G network will continue to drive the growth of the wireless testing market.
Key Industry Players
Major companies operating in the wireless testing market report are SGS Group, Anritsu Corporation, Bureau Veritas S.A., DEKRA SE, Rohde & Schwarz GmbH & Co KG, Intertek Group plc, TUV Rheinland Group, Viavi Solutions Inc., Electro Magnetic Test Inc., EXFO Inc., BluFlux LLC, Spirent Communications plc, Eurofins Scientific SE, Spirent Communications plc, Keysight Technologies Inc., National Instruments Corporation, Cobham Wireless Limited, Teradyne Inc., Intelligraphics Inc., CTIA – The Wireless Association, Octoscope Inc., Wireless Telecom Group Inc., RedMango Analytics Inc., CETECOM GmbH, Global Wireless Solutions Inc., Elma Electronic AG, PCTEST Engineering Laboratory Inc., TestingHouse, DEWESoft d.o.o., Metricell Ltd.
The wireless testing market report table of contents includes:
1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis
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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
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