5G Device Testing Market Analysis

5G Device Testing Market Analysis

Based on equipment, industry is segmented into signal generators, oscilloscopes, network analyzers, and spectrum analyzers. The demand for spectrum analyzers accounted for over 25% of the 5G Device Testing Market share in 2022. A spectrum analyzer, an integral part of the 5G testing equipment, screens & measures the signal amplitude and shows the signal strength as it changes within its frequency range and spectrum. The range of amplitudes of signals at different frequencies is displayed by a spectrum analyzer, which has several advantages. It checks to see if the signal falls inside the required range limit. Wireless devices are easy to connect, and electromagnetic signals can be analyzed. These characteristics and advantages of spectrum analyzers will increase business growth during the forecast period.
 

Based on revenue type, the 5G device testing market is segmented into new and rental. Rental segment is expected to grow at over 8% CAGR by 2032. The 5G device testing rental market is expected to grow as the equipment provides several benefits for companies including access to the latest technology without the need for a significant upfront investment, flexibility to scale up or down testing equipment usage based on project needs, and cost savings. The demand for rental services for 5G device testing is also expected to increase due to the increasing deployment of 5G networks globally. The increasing complexity of 5G network and the need for specialized testing equipment are expected to drive the 5G device testing rental market growth during the forecast period.
 

Based on end users,5G device testing market is segmented into telecom equipment manufacturers, original device manufacturers, and telecom service providers. The telecom equipment manufacturer segment held a majority market value of over USD 600 million in 2022. 5G device testing by telecom equipment manufacturers is used for infrastructure devices such as consumer premise equipment and base stations, such as gateways, routers, switches, gNodeB (gNB), small cells, transceiver stations, and remote radio unit heads, before their deployment for network services. Communications infrastructure is progressively using 5G testing. In this segment, testing for conformance, interactive voice response (IVR), security, interconnection, interoperability, performance, protocol, and functional and automation testing is completed. To meet the testing needs of infrastructure providers, 5G test equipment manufacturers provide a variety of tools, including network analyzers, spectrum analyzers, and signal generators.
 

Asia Pacific 5G device testing market is expected to grow at over 8% CAGR from 2022-2032. The region has some of the largest and fastest-growing industrialized economies in the world. The adoption of new technology and advancements is undergoing rapid transformation across organizations in various industries. The utilization of 5G networks will be very advantageous for cutting-edge technologies such as loT and M2M communication as well as applications including smart cities and industrial automation. 5G connectivity will be ideal in these areas as it provides simultaneous access to several devices and has low latency, improving performance. Asia Pacific is the region with the largest anticipated market for 5G device testing. The demand for test and measurement equipment has increased as a result of the growing use of smartphones and the continuing modification of standards for next-generation telecom devices.