Latest News- 5G Testing Equipment Market: Oscilloscopes is expected to lead the Application segment during 2024-2028

The 5G Testing Equipment Market is being driven by Increasing demand for improved network capacity to access connected services

The 5G Testing Equipment Market is expected to grow at a CAGR of 8.43% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 605.76 million. The test and measurement industry is transitioning towards a software-defined approach for creating versatile and efficient test solutions for intricate 5G equipment, featuring advanced radio frequency (RF) designs. Traditional test and measurement tools and techniques have relied heavily on hardware-centric benchtop instruments. However, software modules enable engineers to develop test programs for numerous 5G technologies and standards expeditiously. Flexible test sets, capable of swiftly adapting to new 5G specifications through software updates, significantly expedite 5G prototyping and implementation. Moreover, a software-defined approach ensures the future-proofing of test programs to tackle the demanding challenges of tomorrow's 5G landscape. For instance, 5G new radio (NR) prototyping is executed using reprogrammable instrumentation tools for massive MIMO, mmWave, channel sounding, and waveform development. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Oscilloscopes
  • Signal analyzers
  • Signal generators
  • Network analyzers
  • Others
• End-user
  • Telecom equipment manufacturers
  • Original device manufacturers
  • Telecom service providers
• Test Type
  • Network Performance Testing
  • Device Testing
  • Security Testing
• Component
  • Hardware
  • Software
  • Services
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • APAC
    • China
    • India
    • Japan
  • Middle East and Africa
    • Egypt
  • South America
    • Brazil
    • Argentina

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing demand for improved network capacity to access connected services
• Rising telecom subscriber base and rapid growth of urban population
• Growing R and D and deployment of 5G network

However, the market also witnesses some limitations, which are as follows:

• High deployment cost of 5G test equipment
• Issues related to deployment of 5G technology
• Retrofitting legacy equipment

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Market Scope in 5G Testing Equipment Market Research Report

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Research Analysis Overview

The 5G Testing Equipment Market encompasses solutions for validating and integrating 5G technologies such as NR (New Radio), Massive MIMO, Channel Modeling, Interference Mitigation, Carrier Aggregation, Multi-Path Propagation, Network Slicing, Edge Computing, 5G Core Network, 5G Testbeds, 5G Test Labs, 5G Network Compliance, 5G Network Interoperability, 5G Network Troubleshooting, and 5G Network Evolution. These tools ensure seamless implementation and optimization of 5G networks.

Market Research Overview

The 5G testing equipment market is a significant segment of the global communications equipment market, encompassing solutions for 5G network testing, protocol conformance testing, radio frequency testing, over-the-air testing, and network performance analysis. According to Technavio, the global communications equipment market, which includes manufacturers of enterprise networking products, communications infrastructure, and telecom equipment, is calculated based on the revenue generated from sales of communication equipment, broadcasting equipment, and telecommunication equipment, as well as investments made by service providers to enhance their communication infrastructure. Notably, this market size excludes revenue from cellular phone manufacturers, categorized under the Technology Hardware, Storage, and Peripherals sub-industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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