A new study predicts significant growth in the market for 5G device testing equipment in the coming years. This market is forecasted to have a cumulative annual growth rate (CAGR) of 11.50% from 2022 to 2028, reaching a value of $1,717,963 million in 2028. This growth is primarily driven by the increasing demand for mobile testing devices. Technological advancements in mobile telephony services, a growing number of new subscribers, and frequent changes in integrated circuits and mobile phones are key factors contributing to the demand for mobile testing devices. Additionally, the deployment of 5G infrastructure also contributes to the development of the market for 5G device testing equipment. Effective infrastructure is necessary for the functioning of 5G technology, and testing is necessary to assess various parameters such as bandwidth, network performance, and electrical signals.
Furthermore, the market for 5G device testing equipment has seen many new products and developments. For example, Keysight recently introduced a medium bandwidth network analyzer that enables fast and accurate measurement of vector magnitude errors. This solution simplifies test configuration and can accelerate the design of 5G transmitters’ characteristics.
The Asia-Pacific region is expected to witness significant growth in the market for 5G device testing equipment. Countries such as the USA, Japan, South Korea, China, and Germany are experiencing rapid growth in this sector. The number of mobile network subscribers is also expected to significantly increase during the forecasted period, driving the demand for efficient and accurate mobile devices, further contributing to market growth.
Anritsu, Keysight Technologies, Intertek Group plc, Rohde & Schwarz GmbH & Co. KG, Spirent Communications, HARMAN International, and Teradyne, Inc. are the leading players in the market for 5G device testing equipment.
In summary, the market for 5G device testing equipment is poised for significant growth in the coming years. Factors such as the growing demand for mobile testing devices and the deployment of 5G infrastructure are driving this growth. The Asia-Pacific region is expected to be a key market for 5G device testing equipment, and several major players are actively operating in this market.
The source of the article is from the blog kunsthuisoaleer.nl