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5G Testing Equipment Market size to grow by USD 605.76 million between 2023 - 2028; Growth Driven by Increasing demand for improved network capacity to access connected services - TechnavioNEW YORK, Dec. 12, 2023 /PRNewswire/ -- The 5G Testing Equipment Market report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio has proudly partnered with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the 5G testing equipment market between 2023 and 2028 is USD 605.76 million. The increasing demand for improved network capacity to access connected services is driving the 5G testing equipment market growth. The advent of high-speed 4G LTE wireless networks supports high-bandwidth M2M applications. The rollout of 4G LTE Machine (LTE-M) LTE-Unlicensed (LTE-U) and 5G networks will enable faster transmission and higher volumes of data in smart ecosystems. Various applications such as traffic management, vehicle diagnostics, and video surveillance require 4G and 5G networks for seamless functioning. In addition, the adoption of commercial 5G networks is increasing across the world. These factors will contribute to the growth of the 5G test equipment market during the forecast period. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy the full report here
The 5G testing equipment market is segmented based on Application (Oscilloscopes, Signal analyzers, Signal generators, Network analyzers, and Others), End-user (Telecom equipment manufacturers, Original device manufacturers, and Telecom service providers), and Geography (North America, Europe, APAC, Middle East and Africa, and South America).
Key Companies in the 5G testing equipment market: Analog Devices Inc., Anritsu Corp., Artiza Networks Inc., Ceragon Networks Ltd., CommScope Holding Co. Inc., EXFO Inc., Fortive Corp., GL Communications Inc., Innowireless Co. Ltd., Intertek Group Plc, Keysight Technologies Inc., MACOM Technology Solutions Inc., Motorola Solutions Inc., National Instruments Corp., NetScout Systems Inc., PCTEL Inc., Rohde and Schwarz GmbH and Co. KG, Spirent Communications plc, Teradyne Inc., Viavi Solutions Inc. Related Reports: The 5G MmWave technology market size is expected to increase to USD 674.1 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 31.8%. The 5G equipment market is estimated to grow at a CAGR of 66.5% between 2022 and 2027. The size of the market is forecasted to increase by USD 56,716.75 million.
ToC: Executive Summary Market Landscape Market Sizing Historic Market Sizes Five Forces Analysis Market Segmentation by Application Market Segmentation by End-user Market Segmentation by Geography Customer Landscape Geographic Landscape Drivers, Challenges, & Trends Company Landscape Company Analysis Appendix About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts Technavio Research View original content to download multimedia:https://www.prnewswire.com/news-releases/5g-testing-equipment-market-size-to-grow-by-usd-605-76-million-between-2023---2028-growth-driven-by-increasing-demand-for-improved-network-capacity-to-access-connected-services---technavio-302013278.html SOURCE Technavio |