Wireless technology has evolved over the year for communicating voice, data, and video across the world. Additionally, the emergence of machine-to-machine communication and IoT sensors, connected to the internet for full-time access, has driven the demand in the wireless testing market.

- In 2020, the International Telecommunication Union (ITU) outlined the higher requirement standards for wireless testing of fifth-generation (5G) network and cellular communication devices. Some of these changing requirements include technologies, such as IEEE 802.11ad, EEE 802.11ax, Bluetooth 5.0, and NFC, among others.

- This next-generation wireless technology not only is fueling new wireless standards but also evolving the design and test mobile devices. For instance, 5G requires wider-bandwidth RF/microwave instruments. Besides, the development of multiple-antenna technologies, like MIMO and beamforming, created a demand for modular and flexible instrumentation to test single antenna devices to 8 × 8 MIMO devices and beyond.

- With the increasing use of 5G networks and devices, it brings high potential opportunities in the market. The vendors in the market need to upgrade or develop testing equipment, compatible with the technology. Moreover, the emergence of IIoT and machine-t-machine (M2M) communication is also estimated to give a boost for market growth, especially for telecommunication applications. More than 10 million 5G subscriptions are projected worldwide by the end of 2019, according to Ericsson's Mobility Report of June 2019. This is indicative of the fact that the market is poised to grow throughout the forecast period.

Free Sample report for this report is available :- https://www.statzyreports.com/report/sr497469/wireless-testing-market

Key Market Trends

The IT and Telecommunication Segment to Witness Significant Growth

- In the recent past ten years, the telecommunication industry witnessed a growth in the number of cellular network subscriptions worldwide. Additionally, innovation is moving toward faster and more actively responsive connections. Therefore, the testing equipment is increasingly needed in the span of these domains, starting at the design stage for test and validate the design and at the R&D stage for performing pre-conformance testing, manufacturing built to test, and optimizing the performance of the deployed network with the cellular network.

- LTE is the one of most popular wireless technologies worldwide till date, with the highest number of deployments. In advent to this, due to the evolution of LTE-A and LTE-A Pro (LTE Advanced and LTE Advanced Pro) for offering higher bandwidth range and multi-gigabyte data rates, the vendors are increasingly using these wireless testers for optimizing LTE performance to 4.9G.

- In terms of 5G, the network is rapidly gaining traction in the telecommunication industry, due to its capability to enhance the massive machine-to-machine communication with extremely low latency. Also, the 5G device manufacturers are needed to comply with the latest 5G NR compliance, which is further driving the demand for a wireless tester in the industry. According to 5G Americas, the number of 5G subscribers is estimated to increase from 0.7 million to 1.3 billion by 2023. This is determined to drive the studied market’s growth.

North America to Witness the Largest Market Share

- The growing demand for wireless technology in the automotive industry has also surged the need for wireless testing in the industry. Spectrum analyzers are highly being used to meet automotive radar test requirements. The spectrum analyzer is ideal equipment on the production floor for these high-frequency applications. Housing the most prominent global automotive players (13 major automotive manufacturers) and wireless testing vendors, including (Keysight, Viavi, and EXFO, among others) in the region is expected to emerge as a source for innovation, and it is estimated to hold the significant market share.

- According to the American Automotive Policy Council, in the past five years, the exports from the automotive sector were valued at USD 692 billion, and the automotive industry alone contributes to 3% of the region’s GDP, which effectively contributes to the growth of the market studied. To gain market share, the companies in the area are actively making product innovations. For instance, The Keysight E8740A automotive radar signal analysis and generation solution facilitates the analysis and generation of automotive radar signals across the 24 GHz, 77 GHz, and 79 GHz radar frequencies, and it possesses the capability to address growing bandwidths of 5 GHz and beyond.

- The consumer electronics industry has also seen significant growth in the region. According to the Consumer Technology Association (CTA), the United States witnessed sales of the smartphone worth USD 77.5 billion in 2019. In September 2019, the Federal Communications Commission authorized more than USD 112.2 million during the next decade to expand broadband to about 48,000 unserved rural homes and businesses.

Competitive Landscape

The market for wireless testing is moderately consolidated due to the presence of a few companies dominating the market. Additionally, these companies gained expertise across the industrial requirements, and they are continuously seeking opportunities to make strategic acquisitions and partnerships with end-users to gain more market share.

- March 2020 - Keysight Technologies launched the Keysight N9021B MXA X-Series Signal Analyzer that offers design validation and manufacturing engineers, along with superior phase noise performance at comparatively higher frequencies. The solution also includes software that has the ability to improve workflows while meeting 3GPP 5G new radio (NR) compliance standards.

- June 2019 - Keysight Technologies acquired PRISMA Telecom Testing. With this acquisition, the company planned to offer a comprehensive, innovative 5G solution portfolio for advanced communications.

Reasons to Purchase this report:

- The market estimate (ME) sheet in Excel format
- 3 months of analyst support

For sample report please visit : https://www.statzyreports.com/report/sr497469/wireless-testing-market
Contact Us:
Poojan Dogra
Public Relations Manager
Email : [email protected]
Email : [email protected]
(IN) - +918484035727
(US) - +1415-871-0483
Website : www.statzyreports.com