Press release
Emerging Trends to Drive 5G Device Testing Market Growth at 9.4% CAGR Through 2029
5G Device Testing
5G Device Testing Market Size Growth Forecast: What to Expect by 2025?
The market size for 5G device testing has seen robust growth over the past few years. The market is expected to stretch from $1.63 billion in 2024 to $1.75 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 7.8%. The growth seen in the historic period can be credited to the surging consumer demand, network capacity, quality assurance, and network optimization.
How Will the 5G Device Testing Market Size Evolve and Grow by 2029?
The market size of 5G device testing is predicted to experience significant expansion in the coming years, reaching $2.51 billion by 2029 at a compound annual growth rate (CAGR) of 9.4%. This anticipated growth during the forecast period can be credited to factors such as the broadening of the internet of things (IoT), network slicing, worldwide expansion and the increasingly widespread adoption of 5G. Other key trends projected in this period include tailored testing solutions, cybersecurity testing, advanced test automation and the integration of AI in testing.
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What Drivers Are Propelling the Growth of 5G Device Testing Market Forward?
The rise in the application of Internet of Things (IoT) and interconnected devices is anticipated to fuel the expansion of the 5G device testing market. IoT and such devices mean a structure of actual objects, known as "things", that have embedded sensors, software, and other technologies to enable data exchange via the internet. These devices can gather and distribute data, carry out actions based on that information, and converse with each other as well as with core systems. IoT devices often help 5G device testing in imitating real-world conditions, gathering data, assuring the functionality and performance of 5G-enabled gadgets, and escalating their market credibility and acceptance. For example, in January 2023, the World Economic Forum, a Switzerland-based non-profit organization, predicted that the count of interlinked IoT devices will reach 30 billion by the year 2025. Consequently, the escalating utilization of IoT and interconnected devices is promoting the growth of the 5G device testing market.
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Which Emerging Trends Are Transforming the 5G Device Testing Market in 2025?
Leading businesses in the 5G device testing market are concentrating on the development of new technological products like a one-box tester to maintain and enhance their market standing. A one-box tester is an effective testing platform used for uncomplicated device testing. It merges multiple testing capabilities into a single box, hastening and streamlining complex tests for all 5G NR deployments. For instance, in February 2022, Germany's telecommunications firm Rohde & Schwarz USA Inc., launched the R&S CMX500 one-box tester. This innovative 5G test platform streamlines device testing and is an all-in-one platform designed to examine all facets of 5G devices, such as RF, protocol, and application layer testing. It's a more efficient and economical solution compared to traditional methods that require several testers. Its cutting-edge design supports high data rates and includes an intuitive web-based graphical interface, making 5G testing simple and accessible for device manufacturers.
What Are the Key Segments in the 5G Device Testing Market?
The 5G device testingmarket covered in this report is segmented -
1) By Equipment: Oscilloscopes, Signal Generators, Spectrum Analyzers
2) By Revenue Type: New, Rental
3) By End-User: Telecom Equipment Manufacturers, Original Device Manufacturers, Telecom Service Providers, Other End Users
Subsegments:
1) By Oscilloscopes: Mixed-Signal Oscilloscopes, Digital Storage Oscilloscopes, Real-Time Oscilloscopes
2) By Signal Generators: RF Signal Generators, Vector Signal Generators, Arbitrary Waveform Generators
3) By Spectrum Analyzers: Portable Spectrum Analyzers, Benchtop Spectrum Analyzers, Real-Time Spectrum Analyzers
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Who Are the Key Players Shaping the 5G Device Testing Market's Competitive Landscape?
Major companies operating 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.
What Geographic Markets Are Powering Growth in the 5G Device Testing Market?
North America was the largest region in the 5G device testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in 5G device testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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