5G Testing Equipment Market Size

SkyQuest Technology's 5g testing equipment market size, share and forecast Report is based on the analysis of market data and Industry trends impacting the global 5G Testing Equipment Market and the revenue of top companies operating in it. Market Size Data and Statistics are based on the comprehensive research by our Team of Analysts and Industry experts.

5G Testing Equipment Market Insights

Global 5G Testing Equipment Market size was valued at USD 3.3 billion in 2023 and is poised to grow from USD 3.57 billion in 2024 to USD 6.65 billion by 2032, growing at a CAGR of 8.1% during the forecast period (2025-2032). 

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.

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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.

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Global 5G Testing Equipment Market
5G Testing Equipment Market

Report ID: SQMIG50A2030

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