Abstract
Summary
The 5G device testing market is projected to grow from USD 1.2 billion in 2023 to reach USD 1.7 billion by 2028; it is expected to grow at a CAGR of 7.0% during the forecast period. Due to rising IoT and linked device usage, 5G applications are continuing to grow at a constant rate. Also, it is convenient to employ 5G testing equipment for the deployment of 5G technology due to the increased accessibility of huge data centres.
“Spectrum analyzers is expected to grow at fastest rate by equipment type during the forecast period”
Through spectrum analyzer, testing and designing of Radio Frequency (RF) signals and wireless communications-based circuits and systems can be performed. Spectrum analyzer dives deep into visualizing the entire signal spectrum and other factors such as spurious signals, noise, modulated signal width, etc. It provides a detailed signal in both the frequency or modulation domain, which further elaborates on the dynamic and the transient nature of modern RF signals, unlike devices that provide snapshots of signals. This is where spectrum analyzers are proven to be important.
“Telecom equipment manufacturer segment is expected have highest market share during the forecast period”
In 5G deployment, small cells play a huge role, and they are used in combination with O-RAN technology for the 5G network. Testing is required for their successful functioning. Small cell testing covers testing the communication module and the system design after front-end design verification. Beamforming characterization, beamforming verification, RF calibration, and antenna measurements are additional crucial tests. Teradyne, Inc. (US), a prominent player in the market specializing in base station equipment testing, offers the globally adopted IQxstream-5G FR1 Sub-6 GHz cellular tester for small cell testing.
“Europe region to grow at healthy CAGR during the forecast period”
The growth of 5G technology in the region and ongoing developments and deployments of 5G infrastructure are expected to drive the market for 5G device testing in the region. The region comprises some key countries adopting Industry 4.0, IoT, and connected cars at a higher rate. The adoption of these technologies is mainly dependent on connectivity, and the 5G network is anticipated to play an integral role in developing the European market. The emerging application of 5G across end-user sectors in the region is driving the deployment of 5G networks in Europe.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key officials in the 5G device testing market. Following is the breakup of the profiles of the primary participants for the report.
• By Company Type: Tier 1 – 10%, Tier 2 – 55%, and Tier 3 – 35%
• By Designation: C-level Executives – 45%, Managers – 25%, and Others – 30%
• By Region: North America – 55%, Europe – 20%, APAC – 15%, and RoW – 10%
The report profiles key players in the global 5G device testing market with their respective market share analysis. Prominent players profiled in this report are Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), TEKTRONIX, INC. (US), Teradyne, Inc. (US), VIAVI Solutions Inc. (US), Artiza Networks, Inc. (US), EMITE (Spain), EXFO (Canada), MACOM (US), Innowireless Co., Ltd. (South Korea), PCTEL, Inc. (US), GAO Tek & GAO Group Inc. (US), NETSCOUT (US), Consultix Wireless (Egypt), Valid8.com Inc. (US), SIMNOVUS (US), Verkotan (Finland), Spirent Communications (UK), and GL COMMUNICATIONS (US) among others.
Research Coverage:
The report defines, describes, and forecasts the 5G device testing market based on equipment, end user and geography. It provides detailed information regarding factors such as drivers, restraints, opportunities, and challenges influencing the growth of the 5G device testing market. It also analyzes competitive developments such as product launches, acquisitions, expansions, contracts, partnerships, and developments carried out by the key players to grow in the market.
Reasons to Buy This Report
The report will help leaders/new entrants in the 5G device testing market in the following ways:
1. The report segments the 5G device testing market comprehensively and provides the closest market size estimation for all subsegments across regions.
2. The report will help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities in the 5G device testing market.
3. The report will help stakeholders understand their competitors better and gain insights to improve their position in the 5G device testing market. The competitive landscape section describes the competitor ecosystem.
4. Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the 5G device testing market
5. In-depth assessment of market shares, growth strategies and product offerings of leading players like Anritsu (Japan), Rohde & Schwarz (Germany), Keysight Technologies (US), NATIONAL INSTRUMENTS CORP. (US), and Teradyne, Inc. (US) among others.
Table of Contents
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 INCLUSIONS AND EXCLUSIONS 24
1.4 STUDY SCOPE 25
1.4.1 MARKETS COVERED 25
1.4.2 YEARS CONSIDERED 26
1.5 CURRENCY CONSIDERED 26
1.6 LIMITATIONS 26
1.7 STAKEHOLDERS 26
1.8 RECESSION ANALYSIS 27
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
2.1.1 SECONDARY AND PRIMARY RESEARCH 29
2.1.2 SECONDARY DATA 29
- 2.1.2.1 List of major secondary sources 30
- 2.1.2.2 Key data from secondary sources 30
2.1.3 PRIMARY DATA 30
- 2.1.3.1 Breakdown of primaries 31
- 2.1.3.2 Key data from secondary sources 31
- 2.1.3.3 Primary interviews 32
- 2.1.3.4 Key industry insights 32
2.2 MARKET SIZE ESTIMATION 32
2.2.1 BOTTOM-UP APPROACH 33
- 2.2.1.1 Approach to derive market size using bottom-up analysis (demand side) 33
2.2.2 TOP-DOWN APPROACH 34
- 2.2.2.1 Approach to derive market size using top-down analysis (supply side) 34
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 35
2.4 RESEARCH ASSUMPTIONS 37
2.5 ASSUMPTIONS RELATED TO RECESSION 38
2.6 RISK ASSESSMENT 38
3 EXECUTIVE SUMMARY 39
3.1 GROWTH RATE ASSUMPTIONS/GROWTH FORECASTS 39
4 PREMIUM INSIGHTS 43
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN 5G DEVICE TESTING MARKET 43
4.2 5G DEVICE TESTING MARKET, BY EQUIPMENT TYPE 43
4.3 5G DEVICE TESTING MARKET, BY END USER 44
4.4 5G DEVICE TESTING MARKET, BY REGION 44
4.5 ASIA PACIFIC 5G DEVICE TESTING MARKET, BY EQUIPMENT TYPE AND COUNTRY 45
4.6 5G DEVICE TESTING MARKET, BY COUNTRY 45
5 MARKET OVERVIEW 46
5.1 INTRODUCTION 46
5.2 MARKET DYNAMICS 46
5.2.1 DRIVERS 47
- 5.2.1.1 Requirement for EMI protection and EMC testing of 5G equipment 47
- 5.2.1.2 Increasing use cases of 5G across various sectors and compatible products 48
- 5.2.1.3 Increasing 5G adoption 48
- 5.2.1.4 High adoption of smartphones and mobile devices 49
5.2.2 RESTRAINTS 50
- 5.2.2.1 Lack of global compliance and standardization in connectivity protocols 51
- 5.2.2.2 High cost of equipment and lack of skilled workforce 51
5.2.3 OPPORTUNITIES 51
- 5.2.3.1 5G networks in IoT with emergence of cloud services 52
- 5.2.3.2 Rising demand for 5G network in automobiles, smart cities, and healthcare sector 52
5.2.4 CHALLENGES 53
- 5.2.4.1 Complexity in developing new 5G testing products 53
- 5.2.4.2 Long lead times for overseas qualification tests 53
5.3 VALUE CHAIN ANALYSIS 54
5.4 ECOSYSTEM MAPPING 55
5.5 TRENDS IMPACTING CUSTOMER BUSINESS 57
5.6 PORTER’S FIVE FORCES ANALYSIS 57
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA 59
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS 59
5.7.2 BUYING CRITERIA 60
5.8 PRICING ANALYSIS 61
5.9 CASE STUDY ANALYSIS 63
5.10 TECHNOLOGY ANALYSIS 64
5.10.1 COMPLEMENTARY TECHNOLOGY 64
- 5.10.1.1 5G FR2 testing 64
5.10.2 ADJACENT TECHNOLOGY 64
- 5.10.2.1 Internet of Things (IoT) 64
5.11 PATENT ANALYSIS 65
5.12 KEY CONFERENCES AND EVENTS, 2023-2024 68
5.13 REGULATORY LANDSCAPE 71
5.13.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 71
5.13.2 KEY REGULATIONS 72
- 5.13.2.1 US regulations 72
- 5.13.2.1.1 Gramm-Leach-Bliley Act 72
- 5.13.2.1.2 California Consumer Privacy Act 73
- 5.13.2.1.3 Anticybersquatting Consumer Protection Act 73
- 5.13.2.1.4 FTC’s Fair Information Practice Principles 73
- 5.13.2.1.5 Export-Import regulations 73
- 5.13.2.2 EU regulations 73
- 5.13.2.2.1 General Data Protection Regulation 73
- 5.13.2.2.2 Restriction of Hazardous Substances (ROHS) and Waste Electrical and Electronic Equipment (WEEE) 74
- 5.13.2.2.3 Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) 74
- 5.13.2.1 US regulations 72
5.13.3 STANDARDS 75
- 5.13.3.1 Distributed Management Task Force (DMTF) Standard 75
- 5.13.3.2 Standards in ITS/C-ITS 75
5.14 TRADE ANALYSIS 75
5.15 TARIFF ANALYSIS 78
6 5G DEVICE TESTING MARKET, BY EQUIPMENT TYPE 79
6.1 INTRODUCTION 80
6.2 OSCILLOSCOPES 80
6.2.1 DIGITAL OSCILLOSCOPES TO OFFER EASY HORIZONTAL AND VERTICAL SIGNAL ADJUSTMENTS 80
- 6.2.1.1 Case study: Rohde & Schwarz (Germany) and TEKTRONIX, INC. (US) extended their capabilities in 5G testing 81
6.3 SPECTRUM ANALYZERS 81
6.3.1 SPECTRUM ANALYZERS EASILY CONNECT TO WIRELESS DEVICES AND ANALYZE ELECTROMAGNETIC SIGNALS 81
- 6.3.1.1 Case study: Anritsu extended its product offerings for 5G device testing 82
6.4 SIGNAL GENERATORS 82
6.4.1 SIGNAL GENERATORS ALLOW TO OUTPUT SIGNALS WITH VARIOUS FREQUENCIES, AMPLITUDES, AND TIME DURATIONS 82
- 6.4.1.1 Case study: Anritsu launched test solutions supported by signal generators 82
6.5 NETWORK ANALYZERS 83
6.5.1 VNA IS MOST PROMINENT TYPE OF NETWORK ANALYZER 83
6.6 OTHERS 83
6.6.1 OTA TESTERS AND EMI TEST RECEIVERS ARE SOME OTHER FREQUENTLY USED EQUIPMENT 83
- 6.6.1.1 Case study: Keysight Technologies expanded its OTA testing product line 84
7 5G DEVICE TESTING MARKET, BY END USER 85
7.1 INTRODUCTION 86
7.2 IDMS & ODMS 86
7.2.1 INCREASING DEMAND AT END-OF-LINE 86
7.2.2 RISING CONSUMER ELECTRONICS DEMAND TO SUPPORT MARKET GROWTH 87
7.3 TELECOM EQUIPMENT MANUFACTURERS 88
7.3.1 INCREASING DEMAND FOR 5G USERS TO DRIVE TELECOM INFRASTRUCTURE DEPLOYMENT AND TESTING 88
7.3.2 TELECOM EQUIPMENT TESTING IS COMPETITIVE SEGMENT 88
8 5G DEVICE TESTING MARKET, BY REGION 90
8.1 INTRODUCTION 91
8.2 NORTH AMERICA 92
8.2.1 NORTH AMERICA: RECESSION IMPACT 93
8.2.2 US 95
- 8.2.2.1 5G-to-Next G initiative to create huge market scope for 5G testing 95
8.2.3 CANADA 96
- 8.2.3.1 Rising investments in smart city projects to fuel market 96
8.2.4 MEXICO 97
- 8.2.4.1 5G deployment initiatives to drive market 97
8.3 EUROPE 98
8.3.1 EUROPE: RECESSION IMPACT 99
8.3.2 UK 102
- 8.3.2.1 Increasing 5G deployment to drive device testing market 102
- 8.3.2.2 Case study: 5G Testbeds and Trials Programme (5GTT) by UK government 103
8.3.3 GERMANY 103
- 8.3.3.1 High adoption rate of 5G connectivity to drive market 103
8.3.4 FRANCE 105
- 8.3.4.1 Deployment of connected car technologies by renowned car manufacturers to drive market 105
8.3.5 REST OF EUROPE 106
8.4 ASIA PACIFIC 107
8.4.1 ASIA PACIFIC: RECESSION IMPACT 108
8.4.2 CHINA 110
- 8.4.2.1 China is front runner in 5G network infrastructure with highest number of 5G connections 110
8.4.3 JAPAN 111
- 8.4.3.1 Thriving IT and telecom industries to create demand in market 111
8.4.4 SOUTH KOREA 112
- 8.4.4.1 Increasing PPP activities to launch 5G mobile networks to drive market 112
8.4.5 REST OF ASIA PACIFIC 113
8.5 ROW 114
8.5.1 ROW: RECESSION IMPACT 114
8.5.2 MIDDLE EAST & AFRICA 116
- 8.5.2.1 Adoption of 5G device testing equipment by network providers to drive market 116
8.5.3 SOUTH AMERICA 117
- 8.5.3.1 Rising demand for 5G networks in Brazil, Mexico, Chile, and Argentina to drive 5G device testing market 117
9 COMPETITIVE LANDSCAPE 119
9.1 OVERVIEW 119
9.1.1 OVERVIEW OF KEY GROWTH STRATEGIES ADOPTED BY MAJOR COMPANIES 119
9.2 5G DEVICE TESTING MARKET: REVENUE ANALYSIS 121
9.3 MARKET SHARE ANALYSIS (2022) 121
9.4 KEY COMPANY EVALUATION QUADRANT, 2022 123
9.4.1 STARS 123
9.4.2 EMERGING LEADERS 123
9.4.3 PERVASIVE PLAYERS 123
9.4.4 PARTICIPANTS 123
9.5 COMPETITIVE BENCHMARKING 125
9.6 SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2022 126
9.6.1 PROGRESSIVE COMPANIES 126
9.6.2 RESPONSIVE COMPANIES 126
9.6.3 DYNAMIC COMPANIES 126
9.6.4 STARTING BLOCKS 127
9.7 COMPETITIVE SCENARIOS AND TRENDS 132
9.7.1 PRODUCT LAUNCHES 132
9.7.2 DEALS 139
9.7.3 OTHERS 145
10 COMPANY PROFILES 146
10.1 KEY PLAYERS 146
10.1.1 ANRITSU 146
10.1.2 KEYSIGHT TECHNOLOGIES 152
10.1.3 ROHDE & SCHWARZ 158
10.1.4 TERADYNE INC. 162
10.1.5 NATIONAL INSTRUMENTS CORP. 165
10.1.6 TEKTRONIX INC. 169
10.1.7 VIAVI SOLUTIONS INC. 170
10.1.8 ARTIZA NETWORKS INC. 174
10.1.9 EMITE 176
10.1.10 EXFO INC. 178
10.1.11 MACOM 181
10.1.12 SPIRENT COMMUNICATIONS 184
10.1.13 GL COMMUNICATIONS INC. 188
10.2 OTHER PLAYERS 190
10.2.1 INNOWIRELESS CO., LTD. 190
10.2.2 PCTEL, INC. 190
10.2.3 MARVIN TEST SOLUTIONS, INC. 191
10.2.4 GAO TEK & GAO GROUP INC. 192
10.2.5 NETSCOUT 192
10.2.6 CONSULTIX WIRELESS 193
10.2.7 VALID8.COM INC. 193
10.2.8 SIMNOVUS 194
10.2.9 BUREAU VERITAS 195
10.2.10 POLARIS NETWORKS 196
10.2.11 ADVANTEST CORPORATION 197
10.2.12 VERKOTAN 198
11 APPENDIX 199
11.1 DISCUSSION GUIDE 199
11.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 202
11.3 CUSTOMIZATION OPTIONS 204
11.4 RELATED REPORTS 204
11.5 AUTHOR DETAILS 205