5G Testing Equipment Market Regional Analysis

Global 5G Testing Equipment Market size was valued at USD 2.43 Billion in 2023 and is poised to grow from USD 2.60 Billion in 2024 to USD 4.43 Billion by 2032, growing at a CAGR of 6.9% in the forecast period (2025-2032).

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. 'Accedian', 'Accuver', 'Anokiwave, Inc.', 'Anritsu', 'Aritza Networks, Inc.', 'Cohu, Inc.', 'Consultix Wireless', 'Emite', 'Exfo, Inc.', 'Gao Tek & GAO Group, Inc', 'GI Communications, Inc.', 'Innowireless Co Ltd.', 'Keysight Technologies', 'Macom', 'Marvin Test Solutions, Inc.', 'National Instruments Corp.', 'Pctel, Inc.'

It can become difficult to prevent any type of product connectivity problems because the Internet of Things (IoT) ecosystem's systems and devices are getting more complicated. Therefore, it is important that the 5G IoT devices are accurately tested with the assistance of 5G testing equipment for confirming call connection, cell selection/reselection, access control, and any mobility implications in NPN contexts.

Increasing Usage of High-Speed Internet Connectivity: There has been a consistent increase in the need for mobile communications to be faster to achieve the security of connected devices. To enable and enhance the communications of many Internet of Things (IoT) devices, a fast Internet connection is an essential means. The introduction of new IoT applications makes available a multitude of QoS, large volumes of wireless connections as well as extensive data traffic, thus enhancing the connections in speed and security. This subsequently allows businesses and applications to evolve and adopt new applications and technologies at a cheaper cost of implementation.

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.