Global Wireless Test Equipment Market Size, Share, Development, Growth and Demand Forecast to 2022

Global wireless test equipment market size is projected to reach $6.8 billion by 2022, growing at a CAGR of 6.1% between 2016-2022. The major drivers of the market include growing demand for mobile data offloading, increasing demand for small cells and HetNets, and growing investment of companies in NFVs. In terms of product type, the wireless test equipment market is segmented into mobile device test equipment, base station equipment, drive test equipment and mobile backhaul and wireless core test equipment. The mobile device test equipment segment accounted for largest revenue in the worldwide market for wireless test equipment, with an estimated 37.4% share in 2015. Mobile backhaul and wireless core test equipment segment is expected to witness highest growth among all product types of wireless test equipment, during 2016 - 2022.

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The advancement in wireless connected devices system and smart technologies in developed countries of Western Europe and some part of Central and Eastern Europe has facilitated increased demand of wireless test equipment in Europe during the recent years. The growth of wireless test equipment industry in Europe depends largely on wireless telecommunication industry in the region. The wireless telecommunication service providers, network equipment manufacturers and mobile handset manufacturers constituted large portion of the European wireless test equipment market in 2015. Moreover, significant growth in mobile data traffic is expected in Europe during the forecast period, which in turn is expected to drive the growth of market in Europe during the forecast period. The growth of the wireless test equipment industry in the European countries is expected to be slightly lower, as compared to developing counties in Asia-Pacific and Latin-America. Germany, followed by U.K accounted for the largest wireless test equipment market in Europe in 2015. The market witnessed fastest growth in the U.K. during 2012-2015. The growth in wireless broadband, in addition to increasing competition among wireless telecom service providers, has driven the growth of market in Europe. Moreover, the ongoing expansion of LTE and expected roll out of 5G technology in the Western Europe is expected to drive the market for wireless test equipment in Europe during the forecast period.

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Capacity and coverage are the two principles that are emphasized in every evolution of cellular standards. Small cells are partially helpful in meeting these two requirements. Small-cells refer to low-powered radio access nodes that help in providing service to both indoor and outdoor areas. With the installation of small cells, the range and capacity of cellular networks in densely populated urban areas increases. Similarly, the heterogeneous networks (HetNets) are an efficient way of expanding mobile network capacity. HetNets consists of multiple radio access technologies, architectures, transmission solutions, and base stations of different transmission power. Wireless test equipment are used to test and validate several functions in HetNets, such as evaluating and comparing different SON algorithms, validation of standards compliance, prove interoperability across different vendors, measure device and network performance, and understand how user QoE is affected by different factors. The surging demand of small cells and HetNets is driving the wireless test equipment market.

Some of the key players in the wireless test equipment market include Ixia, Rohde & Schwarz, Keysight Technologies, Anritsu, Viavi, Teradyne, Spirent Solutions, Cobham Plc, and National Instruments Corporation.

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