Allied Market Research
Loading...
Cart
0

Wireless Testing Market Expected to Reach $16.80 Billion By 2028

 

Report Code : A11111

quote The wireless testing market in Asia-Pacific is expected to grow at the highest rate during the forecast period, owing to increase in adoption of smart devices. Moreover, North America accounted for the highest market share in 2019, owing to the expansion of the telecom and consumer electronics market quote

Avinash Savekar
Lead Analyst, Semiconductor and Electronics

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Wireless Testing Market By Offering, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2021–2028”, the global wireless testing market size was valued at $10.48 billion in 2019, and is projected to reach $16.80 billion by 2028, registering a CAGR of 6.9% during the forecast period. North America accounted for the highest share, owing to the expansion of the telecom and consumer electronics market.    

The wireless communications market has grown significantly with devices that required to undergo effective wireless testing to ensure they perform correctly and are reliable, safe, and secure. The increased integration of wireless technologies is enabling connectivity services in all kinds of devices and applications, such as connected cars, smartphones, wearable’s, smart cities, smart grids, smart homes, and eHealth. In addition, wireless testing solutions like chipset testing, UE testing, and wireless security testing focus on the performance and quality of experience for the latest technologies. There are also pre-silicon verification and post-silicon verification that help improve the quality and performance of the devices, which use wireless protocols like Wi-Fi, Bluetooth, Zigbee, NFC, LTE, 2G, 3G, 3GPP, 4G, and 5G. 

The collaboration between Bureau Veritas and Keysight enables to address radio frequency, radio resource management (RRM), and performance test cases validated by GCF and PTCRB. With its regulatory test and global market access services and a full suite of wireless conformance testing, module developers, device manufacturers, as well as 5G technology integrators can now access global market access services from Bureau Veritas’ technical competence center.

The prominent factors that drive the wireless testing market growth include increase in adoption of smart electronic appliances, increase in advancement in wireless technologies and surge in usage of smart devices. Rise in adoption of smart devices in emerging economies creates growth opportunities for wireless testing market. In addition, growth in population and surge in Internet penetration are some of the key factors boosting the demand for smart devices. However, lack of skilled workforce and high cost are expected to hamper the market growth. On the contrary, high adoption of Internet of things (IoT) technologies are anticipated to provide lucrative opportunities for the expansion of the wireless testing industry during the forecast period. 

The global wireless testing market is segmented into offering, technology, application, and region. On the basis of offering, the market is classified into services and equipment. By technology, it is categorized into Bluetooth, WI-FI, 2G/3G, 4G/LTE, and 5G. The applications covered in the market include consumer electronics, IT & telecommunication, automotive, energy & power, healthcare, and other.   

IT & telecommunication segment was the largest contributor of revenue in 2019 and is expected to grow at a CAGR of 6.60% from 2021 to 2028. 5G mobile networks are expected to be the next telecommunication standards as 5G technology exhibits advanced characteristics. Also, this technology is expected to bring new unique network and service capabilities to the market. The consumer electronics industry vertical is the second largest contributor of revenue in 2019 and expected to growth at a highest CAGR of 8.60% during the forecast period. 

By region, the wireless testing market trends have been analyzed across North America, Europe, Asia-Pacific, and LAMEA. The analysis had identified that North America contributed maximum revenue in 2019. The wireless testing market in Asia-Pacific is expected to grow at a faster rate as compared to other regions. Factors such as increase in adoption of smart device and mobile devices and surge in demand for wireless technologies contribute to the market growth in Asia-Pacific.

COVID-19 Impact Analysis

North America is one of the key regions for the adoption and growth of advance technologies. Hence, any impact on the growth of industries is expected to affect the economic growth of the region in a negative manner. This pandemic and situation in the worlds impact the wireless testing market size with the China and U.S. being one of the important markets for wireless testing growth. 

Key Findings of the Study

  • In 2019, the Wi-Fi segment accounted for the maximum revenue and is projected to grow at a notable CAGR of 5.8% during the forecast period.
  • The IT & telecommunication segment accounted for more than 25.0% of the wireless testing market share in 2019.
  • The 4G/LTE segment witness highest growth rate during the forecast period.
  • Germany was the major shareholder in the Europe wireless testing market analysis, accounting for approximately 30.0% share in 2019. 

The key players profiled in the report include SGS Group, Anritsu Corporation, Bureau Veritas, DEKRA SE, Rohde & Schwarz GmbH & Co., Intertek Group Plc., TUV Rheinland, Viavi Solutions Inc., Electro Magnetic Test, Inc., and EXFO Inc. Market players have adopted various strategies such as product launch, collaboration, partnership, and agreement to expand their foothold in the industry. 

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Ram D
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote Wireless Testing Market By Offering (Equipment and Services), Technology (Wi-Fi, Bluetooth, 2G/3G, 4G/LTE, and 5G), and Application (Consumer Electronics, IT & Telecommunication, Automotive, Energy & Power, Healthcare, and Other): Global Opportunity Analysis and Industry Forecast, 2021–2028 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,084 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Wireless Testing Market"
Purchase Enquiry