Press release
Wireless Testing Market Size, Development Analysis, Key Trends, Growth Rate And Future Forecast (2024-2033)
Wireless Testing Market
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.
Market Overview -
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.
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5G Network Development Fuels Growth In The Wireless Testing Market
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.
Competitive Landscape -
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.
Advancements In Automated Testing Platforms Drive Wireless Testing Market
Advanced technologies are a key trend in the wireless testing market. Companies in the market are focusing on technological advances such as automated testing platforms to reduce time and improve testing efficiency. For instance, in March 2022, American network test, measurement, and assurance technology company, Viavi Solutions launched FiberComplete PRO, a fiber test solution with a suite of capabilities that replaces six test instruments. The new product fully automates all the fiber qualification tests required for constructing and certifying any fiber optic network and reduces fiber acceptance testing time by nearly 80%.
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Key Segments -
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
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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