PUBLISHER: The Business Research Company | PRODUCT CODE: 1477062
PUBLISHER: The Business Research Company | PRODUCT CODE: 1477062
Wireless testing refers to the process of evaluating and verifying the performance, security and reliability of wireless communication systems, devices, or networks. This type of testing is crucial to ensure that wireless technologies function as intended and meet the required standards. The goal of wireless testing is to identify and address issues related to signal strength, connectivity, data transfer rates, interference, security vulnerabilities and overall system functionality.
The wireless testing market consists of sales, by entities (organizations, sole traders or partnerships), of wireless testing products and services that include a range of equipment and services designed to evaluate the performance, safety and compliance of wireless devices and systems.
The global wireless testing market was valued at $9,147.2 million in 2018 which grew till 2023 at a compound annual growth rate (CAGR) of more than 7.0%.
Favorable Government Initiatives For 5G Technology
Favorable government initiatives for rollout of 5G technology boosted the growth of the wireless testing market during the historic period. Governments worldwide realized that 5G technology was strategically critical to innovation, economic growth and competition. Consequently, numerous governments commenced significant financial outlays for the implementation of 5G infrastructure, encompassing the setting up of base stations, modernizing network apparatus and allotting frequencies for 5G capabilities. For instance, in November 2022, the United States government, through the US Embassy in Manila, announced a partnership with Now Telecom Company, Inc., a Philippines-based telecommunications company or the deployment of 5G technologies in the Philippines through the United States Trade and Development Agency (USTDA). Additionally, in October 2022, the Indian goverment announced the rollout of 5G services, boosting the country's digital transformation and connectivity to higher levels. The government also presented numerous 5G use cases from telecom service providers in the fields of health, education, worker safety, smart agriculture and other areas. Therefore, favorable government initiatives for 5G technology contributed to the growth of the wireless testing market.
Launch Of Wireless Test Platforms Tailored For Cellular IoT Development
Major companies operating in the wireless testing market are focusing on wireless test platforms tailored specifically in the field of cellular IoT development. For example, in February 2023, Keysight Technologies Inc., a US-based manufacturer of electronic test and measurement equipment and software, launched the E7515R UXM 5G Wireless Test Platform, a comprehensive solution optimized for 5G-NR RedCap and Cellular IoT (CIoT) testing. This platform supports 5G New Radio (NR) and LTE test in a single compact unit, enabling the establishment of a 5G call with a device under test non-stand-alone (NSA), stand-alone (SA) and frequency bands FR1 and FR2. The platform provides comprehensive test coverage, including protocol, RF and functional testing and supports the latest 3GPP 5G New Radio (NR) Release 17 (Rel-17) standards, as well as NB-IoT, Cat-M1 and LTE Cat-1 to Cat-4 testing. This solution is designed to reduce costs while performing protocol, functional and performance tests to ensure standards-compliance and user experience of the device. It is a valuable tool for engineers and developers working on 5G and IoT technologies, providing a wide range of testing capabilities in a single, integrated unit.
The global wireless testing market is fairly fragmented, with a large number of players operating in the market. The top ten competitors in the market made up to 12.5% of the total market in 2022.
Wireless Testing Global Market Opportunities And Strategies To 2033 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global wireless testing market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for wireless testing? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The wireless testing market global report from The Business Research Company answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider wireless testing market; and compares it with other markets.