5G Testing Equipment Market size is projected to reach USD 6 Billion by the end of 2036, growing at a CAGR of 10% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of 5G testing equipment was USD 2 Billion. The market growth is due to the rising number of 5G smartphone subscriptions across the globe, leading to a higher need for 5G testing equipment for the verification of the quality of 5G networks.
The number of 5G mobile subscriptions is rising annually led by a rise in the budget segment's penetration, and the availability of 5G networks is increasing as they evolve. For instance, the global count of 5G smartphone subscribers is likely to surpass two billion by the end of this year, having reached over 1 billion by the end of 2023.
In addition, factors that are believed to augment the market share of 5G testing equipment, including the growing usage of artificial intelligence in equipment testing, are believed to fuel market growth. Testing may be automated using AI-powered technologies, which enables CSPs to test their 5G networks more quickly and effectively and also enables self-optimization and predictive analysis.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
10% |
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Base Year Market Size (2023) |
USD 2 Billion |
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Forecast Year Market Size (2036) |
USD 6 Billion |
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Regional Scope |
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End-User (Telecom Equipment Manufacturers, IDMs & ODMs, Telecom Service Providers)
The telecom equipment manufacturers segment is expected to hold 36% share of the global 5G testing equipment market by the year 2036. The segment growth can be attributed to the growing deployment of 5G solutions. Manufacturers of telecom equipment create and supply the essential 5G-specific hardware, including 5G base stations, to satisfy the soaring demand for services that require a lot of bandwidth, such as augmented reality and streaming video.
Telecom equipment manufacturers utilize 5G testing equipment during the early stages of product development to ensure the performance, reliability, and interoperability of their products. Manufacturers conduct extensive performance testing using 5G testing equipment to assess the robustness and reliability of their devices and systems.
Moreover, interoperability testing is crucial for ensuring that 5G devices and infrastructure components work seamlessly in varied 5G environments.
Equipment Type (Oscilloscopes, Signal Analyzers, Signal Generators, Network Analyzers)
The oscilloscopes segment in the 5G testing equipment market is set to garner a notable share. Electronic test tools known as oscilloscopes find extensive use in a variety of fields, such as aerospace, engineering, automotive, telecommunications, and medical, and are employed for the evaluation of wireless signals, including 5G NR.
Additionally, for the 4G/5G FR1 and 5G FR2 frequency bands, spectrum analyzers (RTSAs) are compatible and can be used to assess a device's performance and how it affects the system as a whole.
Our in-depth analysis of the global market includes the following segments:
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Equipment Type |
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Application |
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End-User |
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Offering |
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APAC Market Forecast
The 5G testing equipment market in the Asia Pacific is poised to hold a share of about 43% by the end of 2036. The market demand in the region is owing to the government's initiative to encourage the use of the 5G test bed. For instance, the Indian government has decided to provide the Indigenous 5G Test Bed to government-recognized start-ups, MSMEs, and other 5G stakeholders, including industry, academia, service providers, R&D institutions, government bodies, and equipment manufacturers, at no cost and at a very low fee to test and expedite the development and deployment of their products in the network.
The Indigenous 5G Test Bed offers an open 5G test bed where research and development teams from academia and industry in India can validate their products, prototypes, and algorithms, help operators plan their future networks, and offer the facilities of 5G networks for testing. This may create a lucrative demand for 5G testing equipment in the region.
North American Market Statistics
The North America region will also encounter enormous growth for the 5G testing equipment market in the coming years and will hold the second position, credited to the increasing number of internet users in this region. More than 14% of adult Americans use the internet only on their smartphones these days since many of them find it impossible to live without it, driven by the rising acceptance of online services such as social media, streaming video, and e-commerce. For instance, with more than 330 million internet users as of January 2024, the US has one of the biggest online markets in the world.
Author Credits: Abhishek Verma
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