Press release
Global Mobile Network Drive Test Equipment Market Projected to Grow at 7.6% CAGR, Reaching $8.52 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Mobile Network Drive Test Equipment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size of mobile network drive test equipment has seen substantial growth. The market, which is expected to grow from $5.92 billion in 2024 to $6.35 billion in 2025, boasts a compound annual growth rate (CAGR) of 7.3%. This significant growth during the historical period can be linked to factors such as rising demand for high-speed data services, increasing complexity of network infrastructure, greater need for improved network performance, the call for precise network diagnostics, and regulatory compliance requirements.
Mobile Network Drive Test Equipment Market Size Forecast: What's the Projected Valuation by 2029?
The market size of mobile network drive test equipment is predicted to witness robust expansion in the coming years. It is anticipated to rise to a value of $8.52 billion by 2029, growing at a compound annual growth rate (CAGR) of 7.6%. This market expansion during the forecasted period is due to factors such as emphasis on network streamlining and efficiency, the need for real-time analysis and assessment, growth of mobile broadband services, focus on service quality and user experience, and the rapid increase in IoT devices. Major trends to watch out for in this forecasted period include the shift towards testing solutions based on cloud technology, the rise in virtual network testing platforms, the emergence of autonomous drive test abilities, the growing relevance of network slicing testing, and the adoption of advanced antenna technologies.
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What Are the Drivers Transforming the Mobile Network Drive Test Equipment Market?
The growth of the mobile network drive test equipment market is anticipated to be spurred by the emergence of high-capacity networks. These are telecommunications networks capable of delivering high bandwidth in downlink and uplink, resilience, low latency, and limited latency variation. The significant expansion of the mobile network drive test equipment market is largely due to the considerable rise in data consumption, as a result of factors such as internet-connected gadgets, streaming services, cloud computing, and the advent of technologies such as the Internet of Things (IoT). The increase in data consumption necessitates the need for high-capacity network test devices that can keep up with the escalating traffic. For example, as reported by the Office of Communications (Ofcom), a UK government office, in April 2024, the number of UK houses with access to gigabit-capable broadband climbed to 24.0 million (representing 80% of all homes), a growth from 23.2 million (or 78%) since September 2023. The extension of full fiber coverage has now reached 18.7 million homes (62%), signalling a rise of 5 percentage points in the four months from September 2023 through January 2024. Consequently, the emergence of high-capacity networks is facilitating the growth of the mobile network drive test equipment market.
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What Long-Term Trends Will Define the Future of the Mobile Network Drive Test Equipment Market?
Leading firms in the mobile network drive test equipment market are focusing more on technological enhancements like network benchmarking solutions to maximize performance evaluation and to get a competitive edge. These software tools are crucial in evaluating and measuring network drives' performance, shedding light on their efficiency in a network setup. A case in point is Rohde & Schwarz, a technology group from Germany, that rolled out Benchmarker 3 in January 2023. The platform provides a sleek design, increased dependability, intelligent analytics, configurations based on the cloud, intelligent campaign automation, and complete backward compatibility. It also professes technological advancements like superior user equipment cooling, compatibility with up to 12 QualiPoc probes, and seamless drill-down analytics. These breakthroughs make it an integral part of the mobile network drive test equipment market, tackling complexities, and improving the quality of experience (QoE) for end-users.
Which Segments in the Mobile Network Drive Test Equipment Market Offer the Most Profit Potential?
The mobile network drive test equipmentmarket covered in this report is segmented -
1) By Type: 2G, 3G, 4G, 5G
2) By Application: Benchmarking, Monitoring And Control, Network Testing
3) By End-User: Mobile Operators, Equipment Manufacturers, Other End Users
Subsegments:
1) By 2G: GSM (Global System for Mobile Communications), CDMA (Code Division Multiple Access)
2) By 3G: WCDMA (Wideband Code Division Multiple Access), CDMA2000, TD-SCDMA (Time Division Synchronous Code Division Multiple Access)
3) By 4G: LTE (Long-Term Evolution), LTE-Advanced, LTE-Advanced Pro
4) By 5G: 5G NR (New Radio), Sub-6 GHz 5G, mmWave 5G
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Which Firms Dominate the Mobile Network Drive Test Equipment Market by Market Share and Revenue in 2025?
Major companies operating in the mobile network drive test equipment market are Qualcomm Incorporated, Nokia Corporation, CommScope Inc., Keysight Technologies Inc., Teradyne Inc., Rohde & Schwarz GmbH & Co KG, VIAVI Solutions Inc., Anritsu Corporation, Spirent Communications plc, NETSCOUT Systems Inc., DingLi Corporation Ltd., Ascom Holding AG, EXFO Inc., ETS-Lindgren Inc., Teoco Corporation LLC, InfoVista S.A., Anite plc, Mitek Systems Inc., PCTEL Inc., Datang Mobile Communications Equipment Co. Ltd., Radcom Ltd., Kaelus Inc., Bird Technologies Group, Cobham Wireless Limited, Beijing StarPoint Technology Co. Ltd., Azimuth Systems Inc., Accuver Americas Inc., AWT Global LLC
Which Regions Offer the Highest Growth Potential in the Mobile Network Drive Test Equipment Market?
North America was the largest region in the mobile network drive test equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile network drive test equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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