Over-the-Air Testing Market Strong Revenue Growth Anticipated for Market 2023 Through 2032

Introducing the Most Recent Research Report [2023-2032] on the Over-the-Air Testing Market: Size, Emerging Trends, Market Share, Remarkable Growth, Segmentation, Comprehensive Analysis, and Forward-Looking Projections for 2032. This report presents an in-depth examination of the critical drivers propelling global market sales. Within its 120 pages, the report delivers a comprehensive evaluation of the industry's current status, encompassing aspects such as market size, market share, anticipated trends, growth rate, distribution channels, and more.

The global OTA testing market is expected to expand at a compound annual growth rate (CAGR) of 10.13% during the 2018-2023 period, leading to a global revenue of USD 1.77 Billion by 2023.

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Safety, performance, and reliability of wireless devices are examined through OTA testing, to predict their proficiency in the real world. OTA testing of wireless gadgets is required by standards organizations, regulatory bodies, carriers, and merchants. Organizations like the Cellular Telecommunications and Internet Association (CTIA), and other associations like merchant and administrative bodies, and mobile network operator (MNO) also utilize OTA testing.

Application segment insights:

The media and entertainment sector will experience the highest expansion, at a CAGR of 11.4% during the forecast period, owing to the widespread penetration of broadband and telecom devices, and the growth of the home automation sector. OTA testing in the automotive and transportation sectors has seen a significant boost owing to the increasing adoption of autonomous and connected cars, along with that of smart solutions in vehicles. Interoperability and performance of wireless systems in automotive are tested in laboratories, as well as on prototype vehicles. This will result in a high CAGR of 10.5% during the forecasted period.

Communication technology segment insights:

The OTA testing segment is expected to grow further with the increasing applications of the Internet of Things. Pre-compliance testing for the rapidly-evolving 5G technology will also play a major role in the growth of OTA testing as a service.

Regional insights:

Although North America holds the largest market share, Asia-Pacific shows the strongest growth momentum, followed by North America and Europe. Massive investments in the implementation of IoT and machine-to-machine (M2M) communication in the infrastructure sector in Japan, China, India, and South Korea is seen as the major reason for the strong growth in Asia, coupled with the APAC region registering the highest use of telecommunication devices like laptops, tablets, and smartphones.
Increased government spending on IoT will market growth in North America, whereas in Europe, growth is expected on account of the creation of the Alliance for Internet of Things Innovation (AIOTI) by the European Commission.

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Companies covered:

1. Intertek
2. UL LLC
3. Anritsu Corporation
4. Keysight Technologies, Inc.
5. Rohde & Schwarz GmbH& Co KG
6. RWTÜV GmbH (CETECOM GmbH)
7. Eurofins Scientific SE
8. Bureau Veritas SA
9. Microwave Vision Group
10. SGS SA

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

North America (U.S. & Canada)

Latin America (Brazil, Mexico, Argentina, Rest of Latin America)

Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe)

Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific)

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa)

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The following are significant aspects of the industry that may be relevant:

Market Size and Growth: The size of the market and its projected growth rate are essential factors that can provide valuable insights into the industry's potential.

Competition: The level of competition in the market is a significant factor that can impact the pricing and profitability of companies operating in the industry.

Technology: Technology plays a critical role in the industry as search algorithms and consumer behavior continue to evolve rapidly.

Consumer Behavior: Understanding consumer behavior, such as search habits and preferences, can help companies optimize their marketing strategies and drive sales.

Regulatory Environment: The industry is subject to various regulatory requirements, including data protection and privacy laws, which can impact the way companies operate in the market.

Economic Factors: Economic factors, such as GDP, inflation, and consumer spending, can affect the growth and profitability of the industry.

Emerging Trends: Staying updated with emerging trends, such as voice search and artificial intelligence, can help companies stay ahead of the curve in the industry.

This report covers several key questions related to the Over-the-Air Testing market, including:

What can be expected for the Over-the-Air Testing market in the next decade?
What are the primary drivers of growth in the Over-the-Air Testing market?
Which technologies are likely to experience the most rapid growth, both by market and region?
How do opportunities within the Over-the-Air Testing market vary based on the size of the end market?
What is the breakdown of Over-the-Air Testing by type and application?
How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Over-the-Air Testing market?

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