Market Leadership - Wireless Testing Market
Wireless testing market size is valued at USD 13.5 billion in 2022 and is anticipated to USD 23.7 billion by 2027; growing at a CAGR of 11.9% during the forecast period. Factors such as growing adoption of smartphones and smart gadgets across the globe are driving the growth of the market during the forecast period.
Intertek is one of the key players in the wireless testing services market in 2021. It has been active for several years in the fields of testing and certification and aims at ensuring the quality and safety of its products, processes, and systems. The company helps in minimizing the adverse impact of various products and processes on human health and the environment. Testing services of Intertek ensure that the quality of products meets the environmental and social standards. The company operates through three segments, namely, products, resources, and trade. Intertek aims at expanding its global presence by adopting the strategy of acquisitions.
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Bureau Veritas held a strong position in the wireless testing services market in 2021. The company delivers high-quality solutions to industries to address the growing challenges related to the quality and safety of products and services as well as ensure environmental protection. The company has a broad product and service portfolio. The services offered by Bureau Veritas in the aerospace industry help in managing and monitoring the technical conditions of aircraft and continuously review their schedule of maintenance inspections to take into account changes in their technical performance. The company aims at expanding its global presence through acquisitions.
SGS Group is a leader in the wireless testing services market in 2021. It is one of the leading providers of inspection, verification, testing, and certification services, globally. The company offers inspection, verification, testing, and certification services, which comply with national and international regulations and standards. The inspection services offered by SGS Group reduce product damages and financial risks, control the quality and quantity of products, and meet relevant regulatory requirements of different regional markets. The company provides its services to the agriculture and food, automotive, chemicals, construction, consumer goods and retail, energy, industrial manufacturing, life sciences, mining, and oil & gas industries as well as transportation and public sectors. SGS Group also focuses on organic growth and as such, has adopted the strategies of agreements, partnerships, and acquisitions.
Related Reports:
Wireless Testing Market by Offering (Equipment and Services), Technology (Bluetooth, 2G/3G, 4G/5G, Wi-Fi), Application (Consumer electronics, Automotive, IT & telecommunication, Medical devices, Aerospace & defense) & Region - Global Forecast to 2027
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