The global 5G device testing market size is expected to grow from USD 1.2 billion in 2023 to USD 1.7 billion by 2028, at a CAGR of 7.0%. The major driving factors for the market are increasing adoption of smart and mobile devices whose functioning is effective with 5G connectivity. The major players in the market are Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), and Teradyne, Inc. (US) among others. These companies operate globally and provide 5G device testing. They rely on their R&D capabilities and a balanced product portfolio to gain a significant market share.
Anritsu is a Japanese MNC in the telecommunications and electronics equipment market space. It is a global pioneer in producing the world’s first wireless telephone network. The Test and Measurement segment of Anritsu operates through three divisions—Mobile Market, Network Infrastructure Market, and Electronics Market. The Mobile Market division conducts research and development activities related to mobile telecommunications standards, chipsets, and mobile communication terminals. The company operates in Japan; the Americas; Europe, the Middle East, & Africa (EMEA); Asia; etc. Anritsu has offices worldwide and markets its products in over 90 countries.
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Anritsu is a leading provider of communication, networking, and testing products. It offers a wide range of 5G device testing equipment for all applications. The company has also collaborated with various governments for 5G testing, such as Federal Communications Commission (FCC) and Bundesnetzagentur (German Federal Network Agency). Furthermore, in July 2022, Anritsu, in collaboration with Qualcomm, verified the industry’s first Non-Public Network Tests for 5G New Radio Standalone.
Keysight Technologies (US)
Keysight Technologies is an American company that manufactures electronic test and measurement equipment and software. Keysight Technologies’ products include hardware and software for benchtops, modular, and field instruments. Instruments include oscilloscopes, multimeters, logic analyzers, signal generators, spectrum analyzers, and vector network analyzers.
Keysight Technologies operates through two business segments: Communications Solutions Group (CSG) and Electronic Industrial Solutions Group (EISG). Keysight Technologies is awarded the Global Technology Innovation Award for its innovative breakthrough in mobile technology, specifically its Narrow Band (NB)-IoT Massive User Equipment Emulation Test System. In 2017 and 2018, Keysight Technologies received over 20 additional industry and technology leadership awards.
The company mainly focuses on manufacturing innovative products by conducting extensive research and development activities to maintain its position in the test and measurement equipment market. In 2022, Keysight invested 15.5% of its revenue in research and development activities.
5G Device Testing Market by Equipment Type (Oscilloscope, Signal Generator, Spectrum Analyzers, Network Analyzers), End User (IDMs & ODMs, Telecom Equipment Manufacturers) and Region - Global Forecast 2028
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