Global Wireless Testing Market Size, Share, Growth Analysis, By Offering(Equipment and services), By Application(Consumer electronics, IT & telecommunication)

Description

Market Insights

Global Wireless Testing Market size was valued at USD 13.5 billion in 2022 and is poised to grow from USD 15.11 billion in 2023 to USD 33.19 billion by 2030, at a CAGR of 11.9% during the forecast period (2023-2030).

The Global Wireless Testing Market encompasses the assessment and validation of wireless technologies and devices to ensure optimal performance, security, and compliance with standards. With the escalating adoption of wireless communication across industries, the market for testing services and equipment is expanding. This growth is fueled by the continuous development of 5G, IoT, and other wireless technologies. Key players offer a range of testing solutions including RF testing, OTA testing, and performance testing to ensure seamless and efficient wireless connectivity across devices and networks.

Top-down and bottom-up approaches were used to estimate and validate the size of wireless testing and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The global wireless testing market is segmented into offering, application, and region. Based on offering, the market is classified into equipment and services. The applications covered in the market include IT & telecommunication, consumer electronics, automotive, energy & power, healthcare, and others. Based on region, the market is segmented into North America, Latin America, Asia Pacific, Europe, and MEA.

Drivers

The surge in 5G technology adoption and the growing need for uninterrupted wireless connectivity are driving the expansion of the worldwide wireless testing market. Various industries are actively working to guarantee the best network performance and dependability due to the widespread utilization of 5G technology.

Restraints

Challenges arise from strict regulations. The global wireless testing market's growth is restricted due to limited spectrum availability and intricate regulatory hurdles. These constraints impede the advancement and implementation of novel wireless technologies and services.

Market Trends

Within the global wireless testing market, notable advancements involve the swift progression of 5G technology. This surge in progress has generated a requirement for comprehensive testing solutions aimed at guaranteeing network performance, security, and seamless interaction. The ascent of Internet of Things (IoT) gadgets has further augmented the necessity for robust wireless testing, encompassing elements such as device harmony, signal potency, and data soundness. The integration of automation and artificial intelligence (AI) is gaining prominence, effectively streamlining testing procedures and bolstering efficacy. Furthermore, the sector is observing heightened cooperation between testing enterprises, network providers, and regulatory entities, all aimed at instituting standardized testing protocols to ensure uninterrupted global wireless connectivity across a spectrum of devices and applications.

Product Code: SQMIG20D2147

Executive Summary

Market Overview
Wheel of Fortune
Research Methodology
Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Key Market Insights
Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition
Market Dynamics & Outlook
Market Dynamics
Drivers
Opportunities
Restraints
Challenges
Regulatory Landscape
Porters Analysis
Competitive rivalry
Threat of Substitute Products
Bargaining Power of Buyers
Threat of New Entrants
Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
Political Impact
Economic Impact
Social Impact
Technical Impact
Environmental Impact
Legal Impact
Global Wireless Testing Market by Offering
Market Overview
Equipment and services

Global Wireless Testing Market by Application

Market Overview
Consumer electronics
IT & telecommunication
automotive
energy & power
healthcare
and other
Global Wireless Testing Market Size by Region
Market Overview
North America
USA
Canada
Europe
Germany
Spain
France
UK
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Rest of Latin America
Middle East & Africa (MEA)
GCC Countries
South Africa
Rest of MEA
Competitive Landscape
Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
By Development
By Company
By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021
Key Company Profiles
Keysight Technologies (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Rohde & Schwarz (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Anritsu Corporation (Japan)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
EXFO Inc. (Canada)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Viavi Solutions Inc. (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Intertek Group plc (United Kingdom)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Spirent Communications plc (United Kingdom)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Bureau Veritas Group (France)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
SGS SA (Switzerland)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
National Instruments Corporation (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Octoscope (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
LitePoint (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Azimuth Systems (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
LiteWave (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Tessolve (India)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Intelligraphics (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Accuver (South Korea)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Anite plc (United Kingdom)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
Aeroflex (USA)
Company Overview
Business Segment Overview
Financial Updates
Key Developments
CETECOM (Germany)
Company Overview
Business Segment Overview
Financial Updates
Key Developments

Global Wireless Testing Market Size, Share, Growth Analysis, By Offering(Equipment and services), By Application(Consumer electronics, IT & telecommunication) - Industry Forecast 2023-2030