PUBLISHER: Lucintel | PRODUCT CODE: 1386139
PUBLISHER: Lucintel | PRODUCT CODE: 1386139
The future of the global wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets. The global wireless testing market is expected to reach an estimated $23.0 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.
A more than 150-page report is developed to help in your business decisions.
The study includes a forecast for the global wireless testing by offering, technology, application, and region.
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless testing companies profiled in this report include-
Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.
Within this market, consumer electronics will witness the highest growth over the forecast period due to growing demand for wearables and smart electronic gadgets and rising awareness about futness and health consumers prefer smart fitness bands.
APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.
Market Size Estimates: Wireless testing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless testing market size by offering, technology, application, and region in terms of value ($B).
Regional Analysis: Wireless testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offerings, technologies, applications, and regions for the wireless testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless testing market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Answer: The global wireless testing market is expected to reach an estimated $23.0 billion by 2030.
Answer: The global wireless testing market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Answer: The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.
Answer: The future of the wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets.
Answer: Some of the key wireless testing companies are as follows:
Answer: Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.
Answer: APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.
Answer: Yes, Lucintel provides 10% customization without any additional cost.