The OTA testing market is expected to be worth USD 1.77 Billion by 2023, growing at a CAGR of 10.13% between 2018 and 2023. The growth of the OTA testing market is propelled by the evolving 5G technology, implementation of OTA testing across value chain, and the growing IoT market.
The overall OTA testing market has witnessed various technological advancements and registered remarkable growth over the last few years. With the advent of connected living and digitization, the offering segment is likely to be driven by the ubiquitous testing of connectivity, inexpensive processing, sensors, and their ability to use the Internet. Emerging IoT applications have enabled each and every device to connect with the Internet and produce real-time data as in case of connected cars, smart homes, and others. Pre-compliant 5G testing done by major manufacturers of smartphones and telecommunication service providers has led to the increasing demand for OTA testing services and equipment. OTA testing devices are being developed by hardware providers such as Rhode & Schwarz (US), MVG (France), Keysight (US), and others. Similarly, test service providers such as Intertek (UK), UL (US), and Bureau Veritas (France) are expanding CTIA-accredited OTA services to provide OTA services for technologies such as CDMA, GSM, UMTS (HSPA), LTE, and pre-compliant tests for 5G.
Offerings in OTA testing include hardware and services. The market for services is expected to dominate the OTA testing market based till 2023 and would register a higher growth rate during the forecast period. The increasing demand for IoT applications requires high connectivity for M2M communication, which has given rise to OTA testing services for LTE-A, LTE-M, and 5G pre-compliant testing.
Among technology, 5G segment are expected to grow at a higher rate between 2017 and 2023 in the OTA testing services market. 5G technology will operate on a wide range of spectrum. Also, 5G testing can be only done using wireless test methods, which will lead to a broad scale implementation of OTA test services across industries using traditional wired test methods.
APAC held the largest share of the OTA testing market in 2016. North America is also one of the potential markets for the overall OTA testing market. The OTA testing system is expected to have a high growth rate in APAC. Countries such as China, Japan, South Korea, and India are investing heavily in the implementation of IoT and M2M communication in infrastructure, which is expected to drive the OTA testing market in APAC. APAC is also the largest consumer of telecommunication and consumer devices such as smartphones, tablets, and laptops. There are still many projects to be initialized during the forecast period; these offer tremendous growth opportunities for smart solution vendors.
OTA Testing Market by Offering (Hardware, and Services), Technology (5G, LTE, UMTS, GSM, and CDMA), APPLICations (Telecommunication & Consumer Devices, AUTOMOTIVE, SMART CITY, Industrial), and Geography - Global Forecast to 2023
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