Report ID: SQMIG50A2030
Report ID: SQMIG50A2030
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Report ID:
SQMIG50A2030 |
Region:
Global |
Published Date: January, 2025
Pages:
176
|Tables:
119
|Figures:
74
Global 5G Testing Equipment Market size was valued at USD 3.57 Billion in 2024 and is poised to grow from USD 3.86 Billion in 2025 to USD 7.19 Billion by 2033, growing at a CAGR of 8.1% during the forecast period (2026–2033).
The growth of mobile data traffic due to increasing use of smart devices and IoT applications requires strong testing solutions so that the networks’ reliability and performance could be guaranteed, leading to the growth of 5G testing equipment market. Moreover, the development of testing technologies, like the embedding of artificial intelligence, is improving the efficiency and accuracy of testing activities for the faster and better rollout of 5G services. The introduction of newer advanced applications, which demand high bandwidth, like augmented reality and connected cars also require more advanced testing solutions.
While telecommunication companies are putting more emphasis on deploying the necessary 5G facilities, it is essential to have equipment that can assist in driving performance on those networks. The 5G testing equipment market trend towards using more software-controlled testing approaches keeps gaining momentum as it allows for less rigid and more efficient testing. Also, with the increase of advanced cyberthreats, telecom operators need elaborate testing measures to ensure the effectiveness and safety of their networks. Additionally, the network performance and safety requirements for regulatory compliance drive investments in testing technologies that meet these requirements. In addition, the integration of edge computing and cloud technologies provides possibilities for new innovative testing solutions that further drive the growth of the 5G test equipment market.
Market snapshot - 2026-2033
Global Market Size
USD 3.3 billion
Largest Segment
New
Fastest Growth
Rental
Growth Rate
8.1% CAGR
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Global 5G Testing Equipment Market is segmented by Spectrum, Offering, End-Use Industry and region. Based on Spectrum, the market is segmented into Low Band (Below 1 GHZ), Mid Band (Between 1 GHZ AND 6 GHZ) and High Band (Above 24 GHZ). Based on Offering, the market is segmented into Hardware and Services. Based on End-Use Industry, the market is segmented into IDMS (Integrated Device Manufacturers) & ODMS (Original Device Manufacturers), Telecom Equipment Manufacturers, Telecom Service Providers (TSP) and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Based on source, the new segment is dominating the market with the largest 5G testing equipment market share. The growth is due to the continuous development of technology as well as the 5G capabilities being deployed in multiple sectors across the globe. 5G technology is now being implemented in industries like automotive, medical, and smart cities which means that unique testing solutions that are specific to operational needs must be developed. As an example, in 2023, Ford Pro made announcements of upgrading its Transit and E-Transit commercial vehicles indicating that 5G connectivity was one of the key features that was incorporated. In addition, as firms try to improve productivity and performance through higher levels of automation and connectivity, there is always the need for advanced testing solutions that are relevant to these efforts.
The rental segment is expected to grow at a significant CAGR during the forecast period. The rental segment is expanding since many companies are increasingly leasing equipment instead of incurring huge capital expenses. This method enables firms to invest in sophisticated testing technologies while deferring a great deal of the expenditure, thus enhancing adaptability to changes in market conditions. The increasing trend around rental solutions can be observed as a tactical adjustment on the part of the 5G testing equipment market. This is because by following this strategy the market can serve firms that are sensitive to cost and trying to be more competitive due to advanced testing options.
Based on end use, the telecom equipment segment is dominating the 5G testing equipment market. The increasing need for sophisticated infrastructure components required for the 5G rollout has positioned the telecommunication equipment manufacturers segment in the lead. These manufacturers are very important in developing key components which enable low latency and high speed associated with 5G technology. The increasing requirement for base stations, antennas and other key components provides an opportunity for manufacturers to improve and expand their products. Test equipment simplifies all the designs associated with the telecom network and assures that the products comply with the International Standards. Using technology, manufacturers make sure that service providers of broadband not only deliver good quality experience to their customers but also manage services effectively.
As per 5G testing equipment market analysis, the telecom service providers segment is experiencing tremendous growth in recent years. The telecom service providers segment is witnessing an accelerated growth on account of the critical role it plays in the development as well as the operationalization of 5G networks. As the service providers extend the scope of their offerings, they require comprehensive testing services to enhance network and customer satisfaction. Their heavy spending on developing the infrastructure also plays a key role in the overall expansion of the 5G testing equipment market. Furthermore, with the mounting competition amongst the service providers, the focus is now shifting towards the provision of high-end services with reduced downtime.
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North America is dominating with the largest 5G testing equipment market share. The region is expanding at a considerable rate owing to the increasing use of IoT technology in industrial domains, specifically in advanced economies like the US and Canada. A major country in the region, the US is anticipated to greatly increase the growth of its telecommunications market during the forecast period. The rising use of wireless technologies in the US is one of the main reasons behind the growth of the market. In addition, factors such as growing use of video streaming and online payments further accelerate expansion of the market. The increasing trend of the use of mobile and smartphone owing to the improvement of connections of devices creates a high need for IoT solutions and plays a key role in the future advancement of IoT technologies across the region.
Over the course of the projected period, it is anticipated that the 5G testing equipment market in Asia Pacific would expand with the highest growth rate. It is observing rapid changes in the adoption of new technologies and innovations in the organizations in different sectors. 5G networks is extremely important in the advanced technologies such as IoT, M2M communication and applications like smart cities, industrial automation. 5G connectivity is ideal for these areas since it offers low latency which is beneficial for device performance allowing multiple devices to connect with one system at the same time. Furthermore, Asia Pacific is projected to be the leading market for 5G testing equipment in the coming years. The market for testing equipment is also increasing due to the rising number of mobile phones and the ever-changing requirements for the next generation of telecommunications devices.
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Growing Adoption of IoT and Connected Devices
Increasing Number of Data Centers
High Technical Complexities
Increasing Pressure in Maintaining Competitive Prices
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The 5G testing equipment industry is witnessing companies putting more emphasis and investment towards new and unique solutions as the demand for 5G testing resources keeps on increasing. The major players in the market are considerable investing resources into research and development thereby increasing the variety of their products while expanding their market share. The intense competition of the 5G testing equipment market assures that the prominent players are employ various methods to maintain the competitive edge. These companies are focusing on merger and acquisition and partnership or strategic alliance among others with manufacturers and regional organizations to provide low-cost solutions.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the 5G testing equipment industry is growing substantially as a result of the increasing installation of 5G device infrastructure. Electric signals and spectrums are integral parts of the 5th generation bandwidth technology, and they require extensive testing to guarantee a high level of efficiency of devices and networks. With the emergence of IoT and other connected devices, there's the growth in the need for 5G testing equipment in various industries including large data centers, vehicles, entertainment, health, security, among others. Users are able to enjoy high connectivity, low latency, fast communication with 5G oriented networks. Some of the challenges that are posed in 5G testing include prototyping, millimeter wave usage, massive MIMO, mmWave, channel sounding and reprogrammable instrument tools. To deal with these challenges, network operators and service providers are investing heavily into 5G testing devices, leading to the growth of the market.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 3.57 Billion |
| Market size value in 2033 | USD 7.19 Billion |
| Growth Rate | 8.1% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the 5G Testing Equipment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the 5G Testing Equipment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the 5G Testing Equipment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the 5G Testing Equipment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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