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5G Testing Equipment Market Poised to Reach $2.73 billion in 2025 - Growth Driven by Demand for IoT, Bandwidth and Autonomous Vehicles

02-03-2025 10:27 AM CET | IT, New Media & Software

Press release from: The Business Research Company

5G Testing Equipment Market Outlook

5G Testing Equipment Market Outlook

A Surge in Autonomous Vehicles and Emerging IoT technologies Drive the 5G Testing Equipment Market to $2.73 Billion by 2025

What Is The Projected Market Size Of The 5G Testing Equipment Global Market Report 2025 And Its Growth Rate?
The rapid growth of the 5G Testing Equipment market is shown below:
• The market was worth $2.48 billion in 2024, predicted to climb to $2.73 billion in 2025, reflecting a compound annual growth rate (CAGR) of 10.2%.
• The consequential growth in recent years is attributed to the emergence of IoT, increased demand for bandwidth, global standardization efforts, and the swift deployment of 5G infrastructure.
• Expectations forecast that this market will continue experiencing strong growth, reaching $3.76 billion in 2029 at a compound annual growth rate (CAGR) of 8.4%.

What Is Driving The Growth In The 5G Testing Equipment Market?
The surge in autonomous vehicles propels the growth of the 5G testing equipment market. Autonomous vehicles, being self-driving cars that operate without human intervention, are increasingly in demand due to technological advancements, desire for safer, more efficient transport, and regulatory initiatives promoting their deployment. 5G testing equipment in these vehicles offers reliable and low-latency connections for real-time data transmission, enhancing communication, navigation, and safety features. It is anticipated, according to a report from the Insurance Institute for Highway Safety that there will be 3.5 million autonomous vehicles on American roads by 2025, prompting an increase in demand for 5G testing equipment.

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Who Are the Key Players Driving 5G Testing Equipment Global Market Report 2025 Growth?
• AT&T Inc.
• Tektronix
• Keysight Technologies Inc.
• Intertek Group plc
• Molex LLC
• Rohde & Schwarz
• VIAVI Solutions Inc.
• Trex Enterprises Corporation
• MACOM Technology Solutions
• Spirent Communications plc
• LitePoint
• EXFO Inc.
• Inseego Corp.
• Microlease PLC
• SIGLENT Technologies
• ETS Lindgren Ltd.
• Prisma Telecom Testing
• Azimuth Systems
• TMY Technology Inc.
• Anritsu Corporation
• PCTEST Engineering Laboratory In
• Calnex Solutions Ltd.
• Amarisoft
• RADX Technologies
• Boonton Electronics
• ThinkRF Corp.
• Fibocom Wireless Inc.

What Are The Key Trends In The 5G Testing Equipment Global Market Report 2025?
• Integration of AI and Machine Learning
• Expansion of Millimeter Wave Testing
• Focus on Network Slicing Testing
• Rise of Cloud-native Testing Solutions
• Enhanced Security Testing Capabilities

What Are The Segments Of The Global 5G Testing Equipment Global Market Report 2025?
• By Equipment Type:
- Oscilloscopes
- Signal Generators
- Spectrum Analyzers
- Network Analyzers
- Other Equipment Types
• By Revenue Source:
- New
- Rental
• By Application:
- Lab Testing
- Performance Testing
- Wireless and RF Testing
• By End-User:
- Telecom Equipment Manufacturers
- Original Device Manufacturers (ODMs)
- Telecom Service Providers
- Other End-Users

Which Region Leads The 5G Testing Equipment Global Market Report 2025?
In 2024, North America was the largest region in the 5G testing equipment market. The fastest-growing region in the forecast period is expected to be Asia-Pacific. The 5G testing equipment market report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The 5G Testing Equipment Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the 5G Testing Equipment Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the 5G Testing Equipment Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall 5G Testing Equipment Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the 5G Testing Equipment Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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