The 5G Tester market size was valued at USD 3.2 Bn in 2023 and is expected to reach USD 6.1 Bn by 2031 and grow at a CAGR of 8.4% over the forecast period 2024-2031.
5G testing entails more than confirming super-fast download rates, ultra-low latency, and high coverage density. In the development, deployment, and operational excellence of upcoming 5G networks, simplified, end-to-end 5G test solutions are critical. 5G testers are commonly used to evaluate 5G network performance.
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From 2G to 3G, 4G, and now 5G, a network connection is still fast improving. In order to survive in an extremely competitive market, some industrial verticals are aggressively pursuing technology morphosis to improve their operational efficiency and productivity. Wireless technology has the ability to bring about revolutionary improvements in a variety of industries by lowering costs and increasing production. Any carrier's complete rollout of a 5G network is expected to be a lengthy process. However, there is still a lot of ground to cover in terms of constructing the network architecture that has been outlined. Several industries, including chipset makers, device makers, and network operators, require a variety of testing methods to test and validate the design and power requirements of 5G components. There is still a sizable financial opportunity for the communication testing sector to capitalize on if it can properly handle end-user requirements.
KEY DRIVERS:
Global R&D activity and an expanding telecom user base.
boosting the implementation of 5G networks, which is becoming increasingly popular.
IoT and linked gadgets are becoming more popular.
RESTRAINTS:
5G testing equipment has a high implementation cost.
Security problems and varying 5G standards.
OPPORTUNITY:
One of the primary elements driving demand and creating opportunities is the world's hyper-connectivity.
The 5G technology is expected to be propelled by the increasing need for data traffic control, which will provide opportunities in the future.
The COVID-19 pandemic has had a significant impact on the expansion of a number of industries. The immediate impact of the pandemic, however, will be variable, as only a few industries will see a drop in demand, while the others will stay unaffected, indicating potential development as they pursue new prospects. Operators require high-end 5G measurement equipment to undertake 5G network testing as their 5G rollout scales. Despite the fact that the pandemic has caused a delay in the deployment of 5G, the market for 5G Tester is expected to rise over the years 2022-2028, as previously stated. There is also an increase in the need for data traffic control, which is projected to fuel the fifth-generation technology and propel the 5G Tester market to exponential development. Furthermore, the need for 5g test and measurement equipment is expected to rise as the demand for connection in today's smartphones, connected automobiles, wearable gadgets, smart home devices, and other consumer electronic products grows.
By product type
network analyzers
signal analyzers
signal generators
oscilloscope
By end-user
network equipment manufacturers
mobile device manufacturers
telecommunication service provider
By Industry
IT & telecommunication
automotive
healthcare
media & entertainment
others
Due to attractive opportunities from Chinese and Japanese telecommunication firms, Asia Pacific is predicted to have the strongest growth in the 5G tester market over the forecast period. Japan, China, India, and Australia are all putting a lot of effort into commercializing 5G networks. Countries in the area are investing heavily in 5G infrastructure development. Because of its early deployment of 5G technology, North America owns the second-highest share of the 5G tester market. A vast number of established telecom service and network providers also exist in the nation.
Asia Pacific is a growing area that is focused on new technology development and providing excellent investment possibilities for major market players, which is projected to drive the 5G tester market in the region throughout the forecast period. During the projected period, the 5G tester market in Europe is predicted to grow at a significant rate. The market in the Middle East and Africa, on the other hand, is expected to grow at a modest rate over the projected period.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
The Major key players are Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology, Rohde & Schwarz, Teradyne Inc., Viavi Solutions Inc. & Other Players
| Report Attributes | Details |
| Market Size in 2023 | US$ 3.2 Bn |
| Market Size by 2031 | US$ 6.1 Bn |
| CAGR | CAGR of 8.4% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments |
• By product type (network analysers, signal analysers, signal generators, oscilloscope) • By end-user (network equipment manufacturers, mobile device manufacturers, telecommunication service provider) • By industry (IT & telecommunication, automotive, healthcare, media & entertainment, others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Anritsu Corp., Artiza Networks Inc., EXFO Inc., Fortive Corp., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology, Rohde & Schwarz, Teradyne Inc., Viavi Solutions Inc |
| Key Drivers | • Global R&D activity and an expanding telecom user base. • boosting the implementation of 5G networks, which is becoming increasingly popular. |
| Market Opportunities | • The 5G technology is expected to be propelled by the increasing need for data traffic control, which will provide opportunities in the future. |
Ans: - The 5G Tester market size was valued at USD 2.01 Bn in 2022.
Ans: - Lack of knowledge about shared transportation options and unease about traveling with strangers as drivers and passengers.
Ans: - The segments covered in the 5G Tester Market report for study are On the Basis of Service Model, Vehicles, Business Model, and Power Source.
Ans: - The major key players are Avis Budget Group, car2go NA LLC, Beijing Xiaoju Technology Co Ltd., global car-sharing car rental Ltd., Grab, Uber Technologies Inc., ANI Technologies Pvt. Ltd., Lyft Inc., Careem, Gett.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. 5G Tester Market Segmentation, By Product Type
8.1 network analyzers
8.2 signal analyzers
8.3 signal generators
8.4 oscilloscope
9. 5G Tester Market Segmentation, By End-user
9.1 Network Equipment Manufacturers
9.2 mobile device manufacturers
9.3 telecommunication service provider
10. 5G Tester Market Segmentation, By Industry
10.1 IT & telecommunication
10.2 Automotive
10.3 Healthcare
10.4 media & entertainment
10.5 others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company Profiles
12.1 Anritsu Corp.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 SWOT Analysis
12.1.4 The SNS view
12.2 Artiza Networks Inc.
12.3 EXFO Inc.
12.4 Fortive Corp.
12.5 Intertek Group Plc
12.6 Keysight Technologies Inc.
12.7 MACOM Technology
12.8 Rohde & Schwarz
12.9 Teradyne Inc.
12.10 Viavi Solutions Inc.
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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