5G Device Testing Market Size, Share & Industry Trends Analysis Report by Equipment Type (Oscilloscope, Signal Generator, Spectrum Analyzers, Network Analyzers), End User (IDMs & ODMs, Telecom Equipment Manufacturers) and Region - Global Forecast 2028
5G Device Testing Market Size & Growth
The global 5G device testing market size is projected to reach USD 1.7 billion by 2028, growing at a CAGR of 7.0% during the forecast period. Sizable investment in 5G deployment is one of the key drivers of the market.
5G Device Testing Market Forecast to 2028
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5G Device Testing Market Trends:
Requirement for EMI protection and EMC testing of 5G equipment
Although 5G technology and its predecessor share many similarities, there are also significant variations between the two standards that necessitate new testing methods. For instance, 5G equipment will need to be insulated from Electromagnetic Interference (EMI) and tested for Electromagnetic Compatibility (EMC), just like any other telecommunications equipment. Radio frequency (RF) systems, electrical systems, and electronic equipment all suffer from the effects of electromagnetic emissions.
All electronic equipment releases some quantity of electromagnetic radiation because the electricity in a circuit can never be completely contained. This implies that any equipment may be susceptible to the emissions of other electronics and electrical systems as well as having the capacity to produce disruptive electromagnetic fields. Manufacturers are required to demonstrate their compliance with EMI and EMC testing regulations prior to releasing a finished product on the market, in turn creating demand for 5G device testing.
Restraint: High cost of equipment and lack of skilled workforce
The cost of 5G testing equipment is more than just the purchasing price, which is the amount paid for hardware and software at installation. Approximately, 80% of the total IT cost is incurred after the initial purchase. This high cost of technology-related equipment may hamper their adoption and consequently restrain the growth of the 5G device testing market.
With the adoption of 5G technology, businesses can expect significant increases in component costs in the coming years, which would restrain the growth of the 5G device testing industry. The development, management, and implementation of 5G device testing equipment, which are complex, require a workforce with certain skill sets. The scarcity of a skilled workforce is a more significant challenge in emerging economies as compared to countries, such as the US and Germany. The lack of a skilled workforce in this field may act as a restrain for the growth of the wireless testing market.
Opportunity: Rising demand for 5G network in automobiles, smart cities, and healthcare sector
5G network offers features such as high-speed data transfer rate, low latency, and consistent connectivity-all easily manageable with previous-generation technology. These features are useful across various industries. For instance, in autonomous cars/connected cars, the low latency of 5G networks is critical to implement safety systems and real-time V2V and V2I communications.
In smart cities, there are dense arrays of wireless sensors that enable various services and applications, right from environmental services and pollution monitoring to security surveillance, traffic management, and smart parking. Apparently, 5G infrastructure plays an integral role in meeting various requirements of several connected devices and numerous sensors that are being deployed. Furthermore, in healthcare, 5G networks could become a revolutionary development. For instance, a 5G network can help avail services such as telemedicine and emergency care providers in an emergency situation. The wide adoption of 5G networks in different business segments would further increase opportunities for the 5G device testing market.
Challenge: Complexity in developing new 5G testing products
5G NR has two types of waveforms: Cyclic-prefix OFDM (CP-OFDM) and Discrete Fourier transform spread OFDM (DFT-S-OFDM). CP-OFDM is for downlink and uplink while DFT-S-OFDM is only for uplink. The generation, distribution, and generation of 5G waveforms across design and test benches presents new issues for researchers and engineers working on 5G device testing. With greater bandwidths than ever before, engineers are working with extremely complicated, standard-compliant uplink and downlink signals.
They comprise various resource distributions, modulation and coding schemes, phase-tracking, sounding, and demodulation data, single-carrier configurations, and contiguous and non-contiguous carrier-aggregated arrangements. Also, these 5G device testing equipment are required to wideband and linear and cover extensive frequency range which is quite complex and cost-intensive. Although the mass-market semiconductor business has not yet investigated this area, RF experts have been working with specialized and expensive test devices for mmWave in sectors such as aerospace and defense. To set up more test benches, engineers require affordable test equipment. Thus, the wide waveforms and extensive frequency ranges in 5G makes development of a universal or multitasking testing very challenging.
5G Device Testing Market Segment Analysis
Spectrum Analyzers is expected to contribute the largest market share during the forecast period
A spectrum analyzer is a 5G testing equipment that measures and screens the signal amplitude, which portrays the strength of the signal as it varies within its frequency range and spectrum. In other words, spectrum analyzers portray the spectrum of signal amplitudes on different frequencies. It analyzes if the signal falls under the required range limit. It can be easily connected to wireless devices and analyze electromagnetic signals to fuel segment growth
Telecom equipment manufacturer segment is expected to grow with highest CAGR during the forecast period
5G device testing by telecom equipment manufacturers is used for infrastructure devices such as base stations and consumer premise equipment, such as routers, gateways, switches, transceiver stations, gNodeB (gNB), small cells, and remote radio unit heads, before their deployment for network services.
5G testing is increasingly being used in telecommunications infrastructure. Interconnection testing, conformance testing, interactive voice response (IVR) testing, performance testing, security testing, interoperability testing, protocol testing, and functional and automation testing are carried out in this segment. 5G test equipment manufacturers offer a wide range of products, such as network analyzers, spectrum analyzers, and signal generators, to fulfill the testing requirements of infrastructure providers.
5G Device Testing Market - Regional Analysis
Asia Pacific hosts some of the world's fastest growing and leading industrialized economies. It is witnessing dynamic changes in adopting new technologies and advancements in organizations across industries. 5G networks would play an integral role in advanced technologies such as IoT and M2M communication and applications such as smart cities and industrial automation. 5G connectivity is suited to these areas, as it provides simultaneous connectivity for multiple devices and has low latency, improving the system's overall performance. Asia Pacific is anticipated to be the largest market for 5G device testing. The growing demand for test and measurement equipment is attributed to the increasing number of smartphones and constantly modifying standards for next-generation telecommunication devices.
5G Device Testing Market by Region
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Top 5G Device Testing Companies - Key Market Players
The 5G Device Testing market is dominated by players such as
- Anritsu (Japan),
- Rohde & Schwarz (Germany),
- Keysight Technologies (US),
- NATIONAL INSTRUMENTS CORP. (US), and
- Teradyne, Inc. (US) are some key players operating in the market.
This research report categorizes
Report Metric |
Details |
Estimated Market Size | USD 1.2 billion in 2023 |
Projected Market Size | USD 1.7 billion by 2028 |
5G Device Testing Market Growth Rate | CAGR of 7.0% |
5G Device Testing Market size available for years |
2019–2028 |
Base year considered |
2022 |
Forecast period |
2023–2028 |
Forecast units |
USD Million & Billion |
Segments covered |
By equipment type, end user, and region |
Regions covered |
North America, Europe, APAC, Middle East, and RoW |
Companies covered |
Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), TEKTRONIX, INC. (US), Teradyne, Inc. (US), VIAVI Solutions Inc. (US), Artiza Networks, Inc. (US), EMITE (Spain), and EXFO (Canada) are among the key players operating in the 5G device testing market. |
5G Device Testing Market Highlights
The study categorizes the 5G device testing market based on value, by equipment type and end user at the regional and global levels.
Segment |
Subsegment |
By Equipment Type |
|
By End user |
|
By Region |
|
Recent Developments in 5G Device Testing Industry
- In February 2023, Anritsu and Spirent Communications announced a collaboration to work on Open RAN test solutions aiming to strengthen its market position in 5G testing market space.
- In January 2023, Keysight Technologies collaborated with Qualcomm Technologies, Inc. to establish an end-to-end 5G non-terrestrial network (NTN) connection. It aims to accelerate 5G NTN technology to provide affordable broadband connectivity in remote areas.
Frequently Asked Questions (FAQ):
What is the size of the global 5G device testing market?
The global 5G device testing market is expected to be USD 1.2 billion in 2023 and is projected to reach USD 1.7 million by 2028, at a CAGR of 7.0%.
What are the major driving factors and opportunities in the 5G device testing market?
Requirement for EMI protection and EMC testing of 5G equipment, increasing use cases of 5G across various sectors and compatible products, increasing 5G adoption to drive the market demand, and high adoption of smartphones and mobile devices are the key drivers for the market.
Who are the star players in the global 5G device testing market?
Companies such as Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), and Teradyne, Inc. (US) fall under the star category. These companies cater to the requirements of their customers by providing customized products. Moreover, these companies have effective supply chain strategies. Such advantages give these companies an edge over other companies in the market.
What are the major strategies adopted by the key players?
Product launches and deals such as collaborations, partnerships and agreements are the major strategies adopted by the key players of the 5G device testing market.
Which region contributes to the largest market share in the 5G device testing market during the forecast period?
North America contributes the largest market share in 5G device testing ng market during the forecast period.
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The study involved four major activities in estimating the current size of the 5G device testing market. Exhaustive secondary research was done to collect information on the market and its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the total market size. After that, market breakdown and data triangulation were employed to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. These secondary sources include technology journals and magazines, annual reports, press releases, and investor presentations of companies; white papers; certified publications and articles from recognized authors; and directories and databases such as Factiva, Hoovers, and OneSource.
Primary Research
In the primary research process, various primary sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information important for this report. The primary sources from the supply side included industry experts such as CEOs, VPs, marketing directors, technology and innovation directors, and related executives from key companies and organizations operating in the 5G device testing market. After complete market engineering (including calculations regarding market statistics, market breakdown, market size estimations, market forecasting, and data triangulation), extensive primary research was conducted to gather information as well as to verify and validate the critical numbers arrived at.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, top-down and bottom-up approaches and several data triangulation methods were used to perform market estimation and forecasting for the overall market segments and subsegments listed in this report. The key players in the market were identified through secondary research, and their market share in the respective regions was determined through primary and secondary research. This entire procedure included the study of the annual and financial reports of top market players and extensive interviews for key insights from industry experts such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters affecting the markets covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report. The following figure represents the overall market size estimation process employed for this study.
Bottom-Up Approach
The bottom-up approach was used to determine the overall size of the 5G device testing market from the revenues of key players and their shares in the market. The overall market size was calculated based on the revenues of key players identified in the market.
- Approach To Derive Market Size Using Demand-Side Analysis
- Identifying devices which are used for 5G testing
- Estimating the market for 5G device testing
- Tracking ongoing and upcoming implementations of 5G device testing in various end users and forecasting the market based on these developments and other critical parameters
- Verifying and crosschecking the estimates at every level through discussions with key opinion leaders, such as CXOs, directors, and operation managers, and then finally with the domain experts at MarketsandMarkets
- Studying various paid and unpaid sources of information, such as annual reports, press releases, white papers, and databases
5g Device Testing Market: Bottom-Up Approach
Data Triangulation
After arriving at the overall market size-using the market size estimation processes as explained above—the market was split into several segments and subsegments. In order to complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Testing for 5G involves more than just confirming the download rates, extremely low latency, and wide-ranging coverage density. Emerging 5G networks' development, deployment, and operational excellence depend heavily on end-to-end test solutions such as oscilloscopes, signal generators, spectrum analyzers, network analyzers, OTA testers, and EMI test receivers. Test solutions are quickly evolving to accommodate complex use cases and significant design developments.
Key Stakeholders
- Raw Material Vendors
- Component and Hardware Providers
- Sensor Providers
- System Integrators
- Original Equipment Manufacturers (OEMs) /Device Manufacturers
- Technology Standard Organizations, Forums, Alliances, and Associations
- Governments, Financial Institutions, and Investment Communities
- Research Organizations
- Analysts and Strategic Business Planners
- Venture Capitalists, Private Equity Firms, and Start-up Companies
Report Objectives
- To define, describe, and forecast the global distributed equipment optic sensors market, in terms of value, based on equipment type and end user
- To forecast the market size, in terms of value, for various segments, with respect to five main regions—North America, Europe, Asia Pacific, the Middle East, and the Rest of the World (RoW)
-
To provide detailed information regarding the major factors influencing the growth of
the distributed equipment optic sensors market (drivers, restraints, opportunities, and industry-specific challenges) - To strategically analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the total market
- To analyze opportunities for the market stakeholders by identifying high-growth segments of the distributed equipment optic sensors market
- To benchmark players within the market using the proprietary Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of market rank and product offering
- To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and to provide a detailed competitive landscape for market leaders
- To track and analyze competitive developments such as deals including partnerships, collaborations, agreements, and joint ventures; mergers and acquisitions; expansions; and product launches and other developments in the 5G device testing market.
- To analyze the probable impact of the recession on the market in the future
Available Customizations
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information:
- Detailed analysis and profiling of additional market players (up to 5)
Growth opportunities and latent adjacency in 5G Device Testing Market