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Global 5G Device Testing Market Top Trends, Regional Segments, Industry Share And Forecast To 2033
5G Device Testing Market
The Business Research Company's Template Global Market Report 2024 identifies increasing usage of IoT (Internet of Things) and connected devices as the major driver for the 5G Device Testing Market's growth in the forecast period. IoT and connected devices refer to a network of physical objects, or things, which are embedded with sensors, software and other technologies to connect and exchange data over the internet. These connected devices can collect and share information, perform actions based on that data and communicate with each other and with central systems. 5G device testing often relies on IoT and connected devices to simulate real-world scenarios, collect data, ensure the functionality and performance of 5G-enabled devices and boost the credibility and market acceptance of IoT devices.
The 5g device testing market size has grown strongly in recent years. It will grow from $1.49 billion in 2023 to $1.63 billion in 2024 at a compound annual growth rate (CAGR) of 9.1%. The growth in the historic period can be attributed to growing consumer demand,network capacity, quality assurance, network optimization.
The 5g device testing market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The growth in the forecast period can be attributed to expansion of internet of things (iot), network slicing, global expansion, wider adoption of 5g. Major trends in the forecast period include customized testing solutions, cybersecurity testing, advanced test automation, ai in testing.
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Major competitors in the 5G Device Testing Market are ZTE Corporation, CommScope Holding Company Inc., Keysight Technologies, Intertek Group PLC, Teradyne Inc., Rohde & Schwarz GmbH & Company KG, National Instruments Corp., Viavi Solutions Inc., Trex Enterprise Corporation, NETGEAR Inc., NetScout Systems Inc., Tektronix Inc., Cohu Inc., Anritsu Corporation, MACOM Technology solutions, Spirent Communications PLC, InfoVista, LitePoint Corp., Teledyne LeCroy Inc., MPI Corporation, Artiza Networks Inc., JDS Uniphase Corporation, EXFO Inc., eMite, Accedian, GL Communications Inc., Narda Safety Test Solutions GmbH.
A key trend in the 5G Device Testing Market includes Innovation In 5G Device Testing. Major companies operating in the 5G device testing market focus on innovating new technological products, such as one box tester, to sustain and attain a better position in the market. A one-box tester is a powerful test platform used for simplified device testing. It combines several testing capabilities into a single box, making complex test configurations for all 5G NR deployments more quickly and efficiently. For instance, in February 2022, Rohde & Schwarz USA Inc., a Germany-based telecommunications company, introduced the R&S CMX500 one-box tester, an innovative and powerful 5G test platform that simplifies device testing. It is a single, integrated platform that can assess all aspects of 5G devices, including RF, protocol and application layer testing. This makes it a more efficient and cost-effective solution than traditional ones requiring multiple testers. Moreover, the future-proof design supports high data rates and includes a user-friendly web-based graphical interface, making 5G testing simple and accessible for device manufacturers.
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The 5G Device Testing Market is segmented -
By Equipment: Oscilloscopes, Signal Generators, Spectrum Analyzers
By Revenue Type: New, Rental
By End-User: Telecom Equipment Manufacturers, Original Device Manufacturers, Telecom Service Providers, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the 5G Device Testing Market.
The Business Research Company's "Global 5G Device Testing Market Report 2024" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The 5G Device Testing Market Include:
1. Executive Summary
2. 5G Device Testing Market Characteristics
3. 5G Device Testing Market Trends And Strategies
4. 5G Device Testing Market - Macro Economic Scenario
5. Global 5G Device Testing Market Size and Growth
……
32. Global 5G Device Testing Market Competitive Benchmarking
33. Global 5G Device Testing Market Competitive Dashboard
34. Key Mergers And Acquisitions In The 5G Device Testing Market
35. 5G Device Testing Market Future Outlook and Potential Analysis
36. Appendix
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