5G Device Testing Equipment Market Size, Share, Opportunities, And Trends By Equipment Type (Oscilloscopes, Signal & Spectrum Analysers, Signal Generators, Network Analysers, Others), By End-User (Telecom Equipment Manufacturers, ODMs/OEMs), And By Geography - Forecasts From 2024 To 2029

The 5G device testing equipment market recorded a value of US$893.896 million in 2022 and will reach to US$1,874.641 million in 2029 at a  CAGR of 11.16%.

GROWTH DRIVERS

GROWING  DEPLOYMENT OF 5G INFRASTRUCTURE

Advanced infrastructure consisting of antennas, multiple-input multiple-output system (MIMO), edge computing, and integrated radio, all complement the 5G deployment process. However, before the deployment phase, the infrastructure undergoes various testing and assessments to analyze its efficiency on electric signals, network, bandwidth, and other related infrastructure parameters. Hence, efforts to improve network compatibility have led to such testing and assessment, projected to drive the 5G device testing equipment market demand.

Furthermore, the market players are conducting tests and trials to assess the deployed infrastructure. For instance:

• In November 2023, Keysight Technologies Inc, in collaboration with MediaTek, completed its 5G reduced capability and 5G new radio (NR) interoperability testing based on 3GPP Releassed-17 standards. The testing is integral for validating whether the device and base station can maintain a 5G communication link. The RedCap interoperability testing validated that MediaTek 5G modem technologies supported radio resource management, early bandwidth identification, user equipment capability, and network control device synchronization signal block.

INCREASED DEMAND FOR MOBILE TEST EQUIPMENT

The increased demand for mobile testing equipment is influenced by a number of factors, including:

• Technology innovations in mobile phone services
• Number of new subscribers
• The number of model changes in the shipment of mobile phones and chipsets

Moreover, in March 2022, the third installment launch of global 5G standards by 3GPP further enhanced the 5G efficiency and capabilities inclusive of higher frequency range expansion, NR operation extension, enhanced integrated access and backhaul for NR, and extensive support for edge computing. Hence, new services in the areas of autonomous transportation, local & private 5G, and the Internet of Things are also being created using mobile communications technology.

TELECOMMUNICATIONS TO PROPEL MARKET GROWTH

Based on end-users, the 5G device testing equipment market is analyzed into telecom equipment manufacturers and ODMs/OEMs, where the former is set to constitute a significant market share. This is fueled by the growing demand for 5G and high-speed bandwidth, which has made telecom operators bolster their 5G technology network, thereby driving the demand for necessary equipment. According to a Keysight Technologies survey study, the telecommunication sector has been driving the global demand for 5G technology.

5G DEVICE TESTING EQUIPMENT MARKET GEOGRAPHICAL PRESENCE

The 5G device testing equipment market comprises major nations such as the USA, China, and South Korea. These countries show active participation in investment to bolster their 5G networks and increase their access to urban and rural communities at an affordable price. Other major countries include Japan, the United Kingdom, and Germany.

The countries have undertaken various measures, which have complemented the overall market growth. Moreover, the market players are also investing in new launches in such nations. For example, Keysight Technologies Inc., in February 2023, announced the launch of its 5G network emulation solution “E7515R” in the USA. This is designed for radio frequency, protocol, and CIoT (Cellular Internet of Things) inclusive of RedCap. Likewise, in April 2022, Nokia launched its “Private 5G OpenLab” in South Korea to encourage the development of private 5G wireless networks for Korean enterprises.

MAJOR PLAYERS IN THE MARKET

Some of the leading players in the market include Anritsu and Keysight Technologies among others. The product offerings of the major corporations include the following:

5G Device Testing Equipment Market Scope:

The 5G Device Testing Equipment market is segmented and analyzed as:

• By Equipment Type
  • Oscilloscopes
  • Signal & Spectrum Analysis
  • Signal Generators
  • Network Analyzers
  • Others
• By End-User
  • Telecom Equipment Manufacturers
  • ODMs/OEMs
• By Geography
  • Americas
    • United States
    • Others
  • Europe, Middle East, and Africa
    • Germany
    • UK
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • Others