5G testing equipment market 2023-2027: A descriptive analysis of parent market, five forces model, market dynamics, and segmentation - Technavio

NEW YORK, Dec. 20, 2022 /PRNewswire/ -- According to Technavio, the global 5G testing equipment market size is estimated to grow by USD 515.76 million from 2022 to 2027. The market is expected to grow at a CAGR of 7.84% during the forecast period. Moreover, the growth momentum will progress. APAC will account for the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 31%. 

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Global 5G testing equipment market - Five forces
The global 5G testing equipment market is fragmented, and the five forces analysis covers– 

• Bargaining power of buyers 
• The threat of new entrants
• Threat of rivalry
• Bargaining power of suppliers
• Threat of substitutes
• For interpretation of Porter's five forces model – buy the report!

Global 5G testing equipment market - Parent market analysis

Technavio categorizes the global 5G testing equipment market as a part of the global communications equipment market, which covers manufacturers of enterprise networking products, including local area networks (LANs), wide area networks (WANs), routers, telephones, switchboards, and exchanges. Technavio calculates the size of the global communications equipment market by considering the revenue generated from sales of communication equipment, broadcasting equipment, telecommunication equipment, and investments made by telecommunication service providers to improve their communication infrastructure. 

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Global 5G testing equipment market – Customer landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global 5G testing equipment market - Segmentation assessment

Segment overview
Technavio has segmented the market based on application (oscilloscopes, signal generators, signal analyzers, 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). 

• The oscilloscopes segment will contribute significantly during the forecast period. Oscilloscopes are used to display and analyze the waveform of electronic signals. These devices draw a graph of the instantaneous signal voltage as a function of time. The observed waveform can be analyzed for properties such as amplitude, rise time, frequency, time interval, and distortion. The demand for oscilloscopes that support higher bandwidth applications will increase among electronics manufacturers with the rollout of 5G during the forecast period. As a result, several players are focusing on offering advanced oscilloscopes that facilitate the testing of 5G networks and devices. Therefore, the launch of advanced oscilloscopes will drive the growth of the oscilloscopes segment during the forecast period. 

Geography overview

Based on geography, the global 5G testing equipment market is segmented into North America, Europe, APAC, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global 5g testing equipment market.

·         APAC is estimated to account for 31% of the growth of the global market during the forecast period. The adoption of IoT is increasing in industrial applications in North America, especially in developed economies such as the US and Canada. In addition, the increasing adoption of wireless technologies in the US is driving market growth in the region. In addition, the increasing adoption of technologies such as video streaming and online payments is also driving the market growth. These factors will provide growth opportunities for vendors in the region. 

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Global 5G testing equipment market – Market dynamics
Key factor driving market growth

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) and 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.

Leading trends influencing the market 

Software-defined testing for 5G equipment is a key trend in the market. The test and measurement industry generally uses a software-defined approach to create flexible and efficient test sets for 5G equipment. Software modules enable engineers to develop test programs for multiple 5G technologies and standards. A software-defined approach will help combat 5G-related issues in the future. For instance, 5G NR prototyping is carried out for massive MIMO, mmWave, channel sounding, and waveform development via reprogrammable instrumentation tools. Thus, the increasing adoption of software-defined testing for 5G equipment will drive the growth of the market in focus during the forecast period.

Major challenges hindering the market growth

Challenges related to the deployment of 5G technology are impeding the 5G testing equipment market growth. 5G networks can use high frequencies in the range of 30 GHz to 300 GHz. Hence, the reduced latency in 5G has to be considered before deployment. Additional issues are likely to occur due to miniaturization techniques such as systems in the packaging (SiP) in 5G. Moreover, the connection between antennas, front-end modules (FEMs), and transceivers will cause variability. This will require advanced over-the-air (OTA) test methodologies to produce more repeatable results. Thus, 5G testing equipment will be required to test network-related glitches. Such factors will hinder the growth of the 5G testing equipment market during the forecast period.

Drivers, trends, and challenges have an impact on market dynamics, which can impact businesses. Find some insights from a sample report!

What are the key data covered in this 5G testing equipment market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the 5G testing equipment market between 2023 and 2027
• Precise estimation of the size of the 5G testing equipment market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the 5G testing equipment market across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of 5G testing equipment market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global 5G testing equipment market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on Global 5G testing equipment market 2017 - 2021 ($ million)

• 4.2 Applicaton Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Applicaton Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Oscilloscopes - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Oscilloscopes - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Oscilloscopes - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Oscilloscopes - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Oscilloscopes - Year-over-year growth 2022-2027 (%)

• 6.4 Signal generators - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Signal generators - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Signal generators - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Signal generators - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Signal generators - Year-over-year growth 2022-2027 (%)

• 6.5 Signal analyzers - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Signal analyzers - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Signal analyzers - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Signal analyzers - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Signal analyzers - Year-over-year growth 2022-2027 (%)

• 6.6 Network analyzers - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Network analyzers - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Network analyzers - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Network analyzers - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Network analyzers - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments
• Exhibit 55: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 56: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 57: Chart on Comparison by End-user
• Exhibit 58: Data Table on Comparison by End-user

• 7.3 Telecom equipment manufacturers - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Telecom equipment manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Telecom equipment manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Telecom equipment manufacturers - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Telecom equipment manufacturers - Year-over-year growth 2022-2027 (%)

• 7.4 Original device manufacturers - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Original device manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Original device manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Original device manufacturers - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Original device manufacturers - Year-over-year growth 2022-2027 (%)

• 7.5 Telecom service providers - Market size and forecast 2022-2027 
• Exhibit 67: Chart on Telecom service providers - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on Telecom service providers - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on Telecom service providers - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on Telecom service providers - Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by End-user 
• Exhibit 71: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 72: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 73: Chart on Market share by geography 2022-2027 (%)
• Exhibit 74: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 75: Chart on Geographic comparison
• Exhibit 76: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 85: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027 
• Exhibit 93: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Canada - Market size and forecast 2022-2027 
• Exhibit 109: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027 
• Exhibit 113: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 114: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 115: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 116: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 117: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 118: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 119: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 120: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 121: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 122: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 123: Matrix on vendor position and classification

• 12.3 Anritsu Corp.
• Exhibit 124: Anritsu Corp. - Overview
• Exhibit 125: Anritsu Corp. - Business segments
• Exhibit 126: Anritsu Corp. - Key news
• Exhibit 127: Anritsu Corp. - Key offerings
• Exhibit 128: Anritsu Corp. - Segment focus

• 12.4 Artiza Networks Inc.
• Exhibit 129: Artiza Networks Inc. - Overview
• Exhibit 130: Artiza Networks Inc. - Product / Service
• Exhibit 131: Artiza Networks Inc. - Key offerings

• 12.5 EXFO Inc.
• Exhibit 132: EXFO Inc. - Overview
• Exhibit 133: EXFO Inc. - Product / Service
• Exhibit 134: EXFO Inc. - Key offerings

• 12.6 Fortive Corp.
• Exhibit 135: Fortive Corp. - Overview
• Exhibit 136: Fortive Corp. - Business segments
• Exhibit 137: Fortive Corp. - Key news
• Exhibit 138: Fortive Corp. - Key offerings
• Exhibit 139: Fortive Corp. - Segment focus

• 12.7 GL Communications Inc. 
• Exhibit 140: GL Communications Inc. - Overview
• Exhibit 141: GL Communications Inc. - Product / Service
• Exhibit 142: GL Communications Inc. - Key offerings

• 12.8 Innowireless Co. Ltd. 
• Exhibit 143: Innowireless Co. Ltd. - Overview
• Exhibit 144: Innowireless Co. Ltd. - Product / Service
• Exhibit 145: Innowireless Co. Ltd. - Key offerings

• 12.9 Intertek Group Plc
• Exhibit 146: Intertek Group Plc - Overview
• Exhibit 147: Intertek Group Plc - Business segments
• Exhibit 148: Intertek Group Plc - Key news
• Exhibit 149: Intertek Group Plc - Key offerings
• Exhibit 150: Intertek Group Plc - Segment focus

• 12.10 Keysight Technologies Inc. 
• Exhibit 151: Keysight Technologies Inc. - Overview
• Exhibit 152: Keysight Technologies Inc. - Business segments
• Exhibit 153: Keysight Technologies Inc. - Key news
• Exhibit 154: Keysight Technologies Inc. - Key offerings
• Exhibit 155: Keysight Technologies Inc. - Segment focus

• 12.11 MACOM Technology Solutions Holdings Inc. 
• Exhibit 156: MACOM Technology Solutions Holdings Inc. - Overview
• Exhibit 157: MACOM Technology Solutions Holdings Inc. - Product / Service
• Exhibit 158: MACOM Technology Solutions Holdings Inc. - Key offerings

• 12.12 Motorola Solutions Inc. 
• Exhibit 159: Motorola Solutions Inc. - Overview
• Exhibit 160: Motorola Solutions Inc. - Business segments
• Exhibit 161: Motorola Solutions Inc. - Key offerings
• Exhibit 162: Motorola Solutions Inc. - Segment focus

• 12.13 NetScout Systems Inc. 
• Exhibit 163: NetScout Systems Inc. - Overview
• Exhibit 164: NetScout Systems Inc. - Business segments
• Exhibit 165: NetScout Systems Inc. - Key news
• Exhibit 166: NetScout Systems Inc. - Key offerings
• Exhibit 167: NetScout Systems Inc. - Segment focus

• 12.14 PCTEL Inc.
• Exhibit 168: PCTEL Inc. - Overview
• Exhibit 169: PCTEL Inc. - Product / Service
• Exhibit 170: PCTEL Inc. - Key offerings

• 12.15 Rohde and Schwarz GmbH and Co. KG 
• Exhibit 171: Rohde and Schwarz GmbH and Co. KG - Overview
• Exhibit 172: Rohde and Schwarz GmbH and Co. KG - Product / Service
• Exhibit 173: Rohde and Schwarz GmbH and Co. KG - Key offerings

• 12.16 Teradyne Inc.
• Exhibit 174: Teradyne Inc. - Overview
• Exhibit 175: Teradyne Inc. - Business segments
• Exhibit 176: Teradyne Inc. - Key news
• Exhibit 177: Teradyne Inc. - Key offerings
• Exhibit 178: Teradyne Inc. - Segment focus

• 12.17 Viavi Solutions Inc.
• Exhibit 179: Viavi Solutions Inc. - Overview
• Exhibit 180: Viavi Solutions Inc. - Business segments
• Exhibit 181: Viavi Solutions Inc. - Key offerings
• Exhibit 182: Viavi Solutions Inc. - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 183: Inclusions checklist
• Exhibit 184: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 185: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 186: Research methodology
• Exhibit 187: Validation techniques employed for market sizing
• Exhibit 188: Information sources

• 13.5 List of abbreviations 
• Exhibit 189: List of abbreviations

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 across 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.

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