5G Testing Market Size, Share & Growth Analysis

Updated on : Sep 24, 2024

5G Testing Market Size & Share

[244 Pages Report] The global 5G Testing Market is expected to be valued at USD 3.5 Billion in 2023 and is projected to reach USD 5.2 Billion by 2028; it is expected to grow at a CAGR of 8.2% from 2023 to 2028.

Product launches, acquisitions, partnerships, collaborations, strategic alliances, and expansions are the major growth strategies the market players adopt. These strategies have enabled them to efficiently fulfill the growing demand for 5G testing from different end-user industries and expand their global footprint by offering products in all the major regions.

5G Testing Market Forecast to 2028

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5G Testing Market Trends

Driver: Increasing demand for high-speed data transfer

The demand for high-speed data transfer necessitates rigorous testing of 5G networks to ensure their capacity and throughput capabilities. Network operators and service providers need to validate that the networks can handle the increasing data traffic and deliver the promised data transfer speeds.

Testing helps identify any bottlenecks or performance issues that may hinder the network's ability to meet the high-speed data transfer requirements. To achieve high-speed data transfer, 5G networks require effective optimization. Testing plays a crucial role in identifying areas of the network that need optimization to enhance data transfer speeds.

Restraint: High Cost

Setting up and maintaining a 5G testing environment requires significant investment in infrastructure, including base stations, antennas, and network equipment. The cost can vary based on the size of the testing area and the number of testing sites. Specialized testing equipment is necessary to evaluate the performance and reliability of 5G networks. This includes spectrum analyzers, signal generators, channel emulators, and network analyzers. The cost of these instruments can be substantial.

Opportunity: Rising demand for 5g networks in automobiles, smart cities, and healthcare

5G technology is expected to play a crucial role in the development of autonomous vehicles and connected car applications. Testing becomes vital to ensure the reliability, low latency, and high-speed connectivity required for these applications.

5G testing can help assess the performance of vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2X) communications and evaluate the security and reliability of connected car services. As the automotive industry increasingly adopts 5G technology, the demand for testing services and solutions specific to this industry will grow.

5G networks are crucial to enabling the infrastructure and services in smart cities, such as intelligent transportation systems, public safety applications, energy management, and smart grid solutions. Testing ensures seamless connectivity, network reliability, and interoperability across various devices, sensors, and applications. As cities worldwide invest in transforming into smart cities, the need for robust 5G testing solutions will increase.

Challenge: Complex network infrastructure

5G networks employ a heterogeneous architecture consisting of multiple frequency bands, small cells, massive MIMO (Multiple Input Multiple Output) systems, and network slicing. This diversity introduces complexities in testing, as each component requires specific testing methodologies and tools. Ensuring seamless interoperability and performance across these heterogeneous elements is challenging for the testing market.

5G networks utilize millimeter-wave frequencies (mmWave) for enhanced capacity and throughput. However, mmWave signals have a shorter range and are more susceptible to blockages. Testing the performance and coverage of mmWave frequencies poses challenges regarding signal propagation, interference, and antenna design. Specialized testing equipment and expertise are required to address these challenges.

5G Testing Equipment Market Ecosystem

The 5G testing industry is dominated by established and financially sound manufacturers with extensive experience in the industry. These companies have diversified product portfolios, cutting-edge technologies, and strong global sales and marketing networks. Leading players in the market include Anritsu, Keysight Technologies, Teradyne Inc., National Instruments Corporation, and Spirent Communications.

5G Testing Market Segment

Based on hardware, the spectrum analyzers market for device testing to hold the highest market share during the forecast period

5G networks operate across a wide frequency range, including traditional cellular bands, sub-6 GHz frequencies, and mmWave bands. Spectrum analyzers are essential tools for analyzing and measuring the frequency spectrum, identifying signal interference, and ensuring proper allocation and utilization of the available frequency bands.

With the increased complexity of 5G frequency bands, the demand for spectrum analyzers is expected to grow. In 5G networks, spectrum analyzers play a crucial role in analyzing signal quality, identifying noise sources, and assessing the network’s overall performance.

Telecom equipment manufacturers’ end-user industry for the 5G Testing Market to grow at the highest CAGR from 2023 to 2028

The exponential growth in data traffic, driven by the proliferation of connected devices, IoT applications, video streaming, and cloud computing, has resulted in a higher demand for network infrastructure.

Telecom equipment manufacturers provide the essential components, such as base stations, antennas, routers, switches, and optical fiber equipment, that form the backbone of communication networks. As network operators upgrade and expand their infrastructure to meet the growing data demands, the market for telecom equipment manufacturers expands.

The rollout of 5G networks is a significant driver for the growth of telecom equipment manufacturers. 5G technology requires new and advanced infrastructure components to support higher data speeds, low latency, and increased connectivity.

Telecom equipment manufacturers develop and provide the necessary 5G-specific equipment, such as 5G base stations, Massive MIMO systems, and advanced antenna solutions. As 5G deployments continue globally, the demand for telecom equipment manufacturers' products increases.

5G Testing Market Regional Analysis

5G Testing Market in Asia Pacific to hold the highest CAGR during the forecast period

Asia Pacific is at the forefront of 5G network deployments, with several countries actively rolling out 5G infrastructure. Countries like China, South Korea, and Japan have made significant progress deploying 5G networks, creating a strong demand for 5G testing solutions. The large-scale deployment of 5G networks in these countries and others in the region has fueled the growth of the 5G testing equipment market.

The Asia Pacific region has a massive population and a rapidly growing mobile subscriber base. The increasing number of mobile subscriptions, coupled with the growing consumption of data-intensive applications and services, has led to a surge in data traffic. To accommodate this increasing demand and ensure the performance and reliability of 5G networks, extensive testing is required. As a result, the demand for 5G testing services and solutions has risen significantly in the region.

Various industry verticals in the Asia Pacific region, including manufacturing, healthcare, automotive, and smart cities, are actively adopting 5G technology to transform their operations. These industries require specialized testing to validate the performance, security, and reliability of their 5G-enabled applications and services. The demand for industry-specific testing solutions has driven the growth of the 5G testing equipment market in Asia Pacific.

5G Testing Market by Region

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Top 5G Testing Companies - Key Market Players:

The 5G testing companies is dominated by players such as

• Anritsu (Japan),
• Keysight Technologies (US),
• Teradyne Inc. (US),
• National Instruments Corporation (US),
• Spirent Communications (UK),  and others.

5G Testing Equipment Market  Report Scope

5G Testing Market Highlights

Recent Developments in 5G Testing Equipment Industry

• In March 2023, Anritsu announced the release of the MS2070A, the latest model of a handheld spectrum analyzer with excellent cost performance. With frequency coverage up to 3 GHz, many features, and high performance, it enables reliable and accurate RF measurements in construction sites, labs, and production lines.
• In February 2023, Keysight announced the release of its new E7515R solution based on its 5G Network Emulation Solutions platform, a streamlined network emulator designed explicitly for protocol, radio frequency (RF), and functional testing of all cellular Internet of things (CIoT) technologies.
• In January 2023, Rohde & Schwarz announced the launch of R&S PVT360A, a one-stop solution for FR1 base station, small cell, and RF component testing.
• In November 2022, National Instruments Corp. announced the 3rd generation PXIe-5842 Vector Signal Transceiver (VST). It offers continuous frequency coverage from 50MHz to 23 GHz, doubles the available instantaneous bandwidth from 1GHz to 2 GHz, and provides best-in-class RF performance on key metrics such as Error Vector Magnitude (EVM) and average noise density.
• In October 2022, Anritsu announced the launch of the World’s First Single Sweep VNA-Spectrum Analyzer Solution, which supports 70 kHz to 220 GHz and extends its VectorStar vector network analyzer (VNA) family.
• In October 2022, Keysight Technologies expanded its 5G testing portfolio by introducing Nemo Testing Suite. This device allows users to receive comprehensive, realistic, and flexible 5G network performance validation and end-user Quality of Experience (QoE) assessment.

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