Press release
Wireless Testing Market: Major Trends Reshaping the Future of the Industry
Wireless Testing Market
What Will the Wireless Testing Industry Market Size Be by 2025?
The size of the wireless testing market has witnessed remarkable growth in the past few years. The value is expected to rise from $13994.48 billion in 2024 to $15016.61 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.3%. The expansion in the historic period is due to the escalating complexity of wireless networks, heightened demand for a quicker time-to-market, the impact of globalization and market rivalry, the emergence of machine-to-machine communication, and advancements in the Wi-Fi standard.
What's the Long-Term Growth Forecast for the Wireless Testing Market Size Through 2029?
In the coming years, the wireless testing market is projected to experience significant expansion, reaching a value of $22333.96 billion in 2029 with a compound annual growth rate (CAGR) of 10.4%. The anticipated growth during the forecast period is primarily due to the shift towards software-defined networking (SDN), the need for edge computing testing, specific industry testing demands, testing for connected vehicles, and an increased emphasis on quality of service (QoS). The predicted trends for the forecast period involve the deployment of a 5G network, the expansion of IoT, the proliferation of connected devices, the emergence of Wi-Fi 6 and Wi-Fi 6e, and the evolution of telecommunication standards.
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What Are the Key Growth Drivers Fueling the Wireless Testing Market Expansion?
The advancement and implementation of the 5G network is a key factor boosting the expansion of the wireless testing market. The 5G network is the 5th generation in mobile connectivity, providing greater multi-Gbps peak data speeds, extremely low latency, heightened reliability, larger network capacity, enhanced availability, and a more steady user experience for a broader user base. The 5G networks facilitate smoother and latency-free functioning of wireless devices, thus stoking the rising need for wireless testing. For instance, Airtel, an Indian telecom company inked agreements with Ericsson, Nokia, and Samsung in August 2022, to establish 5G networks in India. Thus, the evolution and implementation of the 5G network will persist as a driving force for the expansion of the wireless testing market.
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What Are the Key Trends Driving Wireless Testing Market Growth?
Cutting-edge technologies serve as a significant trend in the wireless testing market. Market participants are prioritizing technological innovations, like automated testing systems, to streamline processes and enhance testing efficacy. For example, Viavi Solutions, a prominent American firm specializing in network test, measurement, and assurance technology, unveiled FiberComplete PRO in March 2022. This all-inclusive fiber test solution, capable of replacing six testing instruments, entirely automates all requisite fiber qualification tests pertinent to the creation and certification of any fiber optic network. The result is a near 80% reduction in fiber acceptance testing duration.
How Is the Wireless Testing Market Segmented?
The wireless testing market covered in this report is segmented -
1) By Offering: Equipment, Services
2) By Connectivity Technology: Wi-Fi, Bluetooth, 2G Or 3G, 4G Or LTE, 5G
3) By Application: Consumer Electronics, Automotive, IT And Telecommunication, Energy And Power, Medical Devices, Aerospace And Defense, Industrial, Other Applications
Subsegments:
1) By Equipment: Network Analyzers, Signal Generators, Spectrum Analyzers, Test Mobile Devices
2) By Services: Testing And Certification Services, Consulting Services, Maintenance And Support Services
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Which Companies Are Leading the Charge in Wireless Testing Market Innovation?
Major companies operating in the wireless testing market 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, 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.
Which Regions Are Leading the Global Wireless Testing Market in Revenue?
North America was the largest region in the wireless testing market share in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the wireless testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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