Press release
Wireless Testing Market Size, Report and Global Industry Forecast 2023-2028
Wireless Testing Market 2023-2028
The global wireless testing market size reached US$ 10.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 15.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.
Wireless testing involves assessing the ability of a device to establish connections with other electronic devices and networks. It plays a crucial role in various processes, such as conducting different operational functions, verifying compliance with regulations, evaluating the performance of device interoperability, and ensuring user safety with wireless devices. This process is significantly beneficial for businesses since it improves security operations as well as mitigates the potential risks associated with abnormal activities. Consequently, wireless testing is widely applied in diverse industries. Currently, it is classified commercially based on the specific technologies employed, including Bluetooth, Wi-Fi, and long-term evaluation (LTE).
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What are the growth prospects and trends in the wireless testing industry?
The market growth is being driven by the increasing adoption of wireless testing in various industrial sectors, including telecom, automotive, telecommunication, and information technology. This adoption is primarily motivated by the rising number of cyberattacks and fraudulent activities. Additionally, the market is benefiting from significant advancements in technology, such as the industrial internet of things (IIoT) and machine-to-machine (M2M) communication solutions.
These advancements enable real-time machine data transfers and ensure enhanced security. Furthermore, the market is experiencing growth due to the introduction of next-generation wireless machinery, which facilitates the design interface, testing of mobile devices, and the implementation of multiple-antenna solutions like multiple-in multiple-out, long-term evolution advanced, and beamforming. The COVID-19 pandemic and the subsequent application of remote work models have increased the risks of data vulnerability, further fueling the market growth.
Additionally, strategic collaborations among key players and increased investments in R&D activities to improve the performance of cellular and deployed networks are contributing to a positive market outlook.
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Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Offering:
• Equipment
• Services
Breakup by Technology:
• Wi-Fi
• Bluetooth
• 2G/3G
• 4G/LTE
• 5G
• Others
Breakup by Application:
• Consumer Electronics
• Automotive
• IT and Telecommunication
• Energy and Power
• Medical Devices
• Aerospace and Defense
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
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Some of the Top Key players in the wireless testing market
Anritsu Corporation, Bureau Veritas, Dekra SE, Electro Magnetic Test Inc., Eurofins Scientific, EXFO Inc., Intertek Group PLC, Keysight Technolgies, Rohde & Schwarz GmbH & Co. KG, SGS S.A., Thales Group, TÜV Rheinland and Viavi Solutions Inc.
The report has segmented the market on the basis of region, offering, technology and application.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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