The global 5G testing equipment market value was US$ 1,776.4 million in 2019. The global 5G testing equipment market is forecast to reach US$ 4583.8 million by 2030, growing at a compound annual growth rate (CAGR) of 9% during the forecast period from 2021-2030.
A 5G test involves more than just checking the download speeds, the latency, and the density of coverage. In the development, deployment, and operational excellence of new 5G networks, simple, end-to-end 5G test solutions are essential. 5G testing equipment represents one of the most cutting-edge technologies in mobile phones and network connectivity.
Factors Influencing Market Growth
● A number of factors such as the growth in mobile data traffic combined with an increase in smart gadget adoption, technological advancements in networking and communication are forecast to drive the global 5G testing equipment market in the forecast period.
● Technical and cost factors may slow down the growth of the global 5G testing equipment market.
● 5G's high speed and wireless and wired technology's availability could ease connectivity. Additionally, connectivity requirements for smartphones, wearables, connected cars, and smart home devices will augment the global market demand.
● Continually evolving 5G equipment research and development to make it more application-oriented and industry-compliant is forecast to drive the growth of the global 5G testing equipment market.
Impact Analysis of COVID-19
COVID-19 outbreak delayed the rollout of 5G, but network operators were testing and making 5G networks available to users on an extensive scale. Additionally, the COVID-19 pandemic has caused a surge in network traffic due to the increased demand for access to good networks. During this time of crisis, industries such as healthcare, banking, financial services, and insurance required high-bandwidth connections to keep their work flowing smoothly. Additionally, it created the need for expanding network coverage to the outskirts since most employees have relocated to residential areas due to work-at-home norms. Network operators are fast-tracking 5G deployments in an effort to keep up with surging network demands.
Regional Insights
North America dominates the market for 5G testing equipment. A key factor driving this growth is the rising deployment of 5G network infrastructure and the existence of outstanding network service provider organizations. A growing number of firms in the US region are investing in R&D efforts to improve network performance by incorporating 5G technology into smartphones and healthcare applications.
The Asia Pacific market is forecast to register steady growth over the forecast period. Due to existing key market players in China, Japan, and South Korea focused on deploying 5G network infrastructure in industries such as media and entertainment, transportation, and logistics, healthcare, and manufacturing. Due to the rapid penetration of IoT and connected tools, the 5G testing equipment market in this region is likely to rise in the near future. It is creating a need for 5G testing devices for building a 5G network.
Leading Competitors
The leading prominent companies profiled in the global 5G testing equipment market are:
● Anritsu
● Artiza Networks Inc.
● EXFO Inc.
● Fortive Corp.
● Intertek Group Plc
● Keysight Technologies Inc.
● MACOM Technology Solutions Holdings Inc.
● Rohde & Schwarz GmbH & Co. KG
● Siklu Communication Ltd.
● Teradyne Inc.
● Trex Enterprises Corporation
● VIAVI Solutions Inc
● Other Prominent Players
Scope of the Report
The global 5G testing equipment market segmentation focuses on Equipment Type, Source, End-Use, and Region.
Segmentation based on Equipment Type
● Oscilloscopes
● Signal and Spectrum Analyzers
● Vector Signal Generators
● Network Analyzers
● Others
Segmentation based on Source
● New
● Rental
Segmentation based on End-Use
● Telecom Equipment Manufacturers
● Original Device Manufacturers (ODMs)
● Telecom Service Providers
● Others
Segmentation based on Region
● North America
o The U.S.
o Canada
o Mexico
● Europe
▪ Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
▪ Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
● Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
● Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
● South America
o Brazil
o Argentina
o Rest of South America
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL 5G TESTING EQUIPMENT MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
4 GLOBAL 5G TESTING EQUIPMENT MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE MODEL
4.4 VALUE CHAIN ANALYSIS
5 GLOBAL 5G TESTING EQUIPMENT MARKET, BY EQUIPMENT TYPE
5.1 OVERVIEW
5.2 OSCILLOSCOPES
5.3 SIGNAL AND SPECTRUM ANALYZERS
5.4 VECTOR SIGNAL GENERATORS
5.5 NETWORK ANALYZERS
5.6 OTHERS
6 GLOBAL 5G TESTING EQUIPMENT MARKET, BY SOURCE
6.1 OVERVIEW
6.2 NEW
6.3 RENTAL
7 GLOBAL 5G TESTING EQUIPMENT MARKET, BY END-USE
7.1 OVERVIEW
7.2 TELECOM EQUIPMENT MANUFACTURERS
7.3 ORIGINAL DEVICE MANUFACTURERS (ODMS)
7.4 TELECOM SERVICE PROVIDERS
7.5 OTHERS
8 GLOBAL 5G TESTING EQUIPMENT MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3. 1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL 5G TESTING EQUIPMENT MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
10 COMPANY PROFILES
10.1 ANRITSU
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.2 ARTIZA NETWORKS INC.
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.3 EXFO INC.
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.4 FORTIVE CORP.
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.5 INTERTEK GROUP PLC
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.6 KEYSIGHT TECHNOLOGIES INC.
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.7 MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC.
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.8. ROHDE & SCHWARZ GMBH & CO. KG
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.9 SIKLU COMMUNICATION LTD.
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.10 TERADYNE INC.
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.11 TREX ENTERPRISES CORPORATION
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.12 VIAVI SOLUTIONS INC
10.12.1 OVERVIEW
10.12.2 FINANCIAL PERFORMANCE
10.12.3 PRODUCT OUTLOOK
10.12.4 KEY DEVELOPMENTS
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