Surging Smartphone Usage to Fuel 5G Device Testing Market Growth During Forecast Period
The advent of 5G technology has heralded a new era in mobile communications, promising lightning-fast speeds and significantly reduced latency. As the world embraces this transformative technology, the demand for 5G device testing has skyrocketed. Amidst this surge, smartphones have emerged as a key player in the 5G device testing market. Smartphones have become an integral part of our lives, serving as our primary communication and computing device. With 5G technology taking center stage, smartphones have seamlessly integrated into the 5G device testing market due to their versatility and widespread usage. They are now being used as reliable tools for conducting comprehensive testing and analysis of 5G devices. The increasing smartphone usage in the 5G device testing market is a testament to their versatility, accessibility, and cost-effectiveness. As 5G technology continues to evolve, smartphones will remain at the forefront of device testing, enabling manufacturers, researchers, and network operators to ensure the seamless performance of 5G devices. Smartphones have emerged as an indispensable tool in this fast-growing market, shaping the future of 5G device testing and contributing to the overall advancement of 5G technology.
The 5G device testing market is a segment of the 5G market that focuses on the testing and validation of 5G devices and equipment. The market is driven by the mounting usage of IoT and connected devices, the need for high-speed and low-latency connectivity, the emergence of new use cases, and the increasing adoption of 5G technology. The market is also influenced by the requirement for EMI protection and EMC testing of 5G equipment, the high cost of equipment and lack of skilled workforce, and the regulatory challenges. Anritsu, Keysight Technologies, Rohde & Schwarz, VIAVI Solutions, Spirent Communications, LitePoint, EXFO, Teradyne, National Instruments, and Teledyne Technologies are among the key players operating in the market. These players are adopting various strategies such as product launches, partnerships, collaborations, acquisitions, and expansions to expand their market share and improve their product offerings.
5G Device Testing Market: Industry Overview
The 5G Device Testing market is segmented into component, end user, and geography. Based on the component, the 5G device testing market is segmented into hardware, software, and services. Based on end user, the market is segmented into telecom, equipment manufacturers, original device manufacturers, telecom service providers, and others. The 5G Device Testing market, based on geography, is categorized into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
The North America 5G Device Testing Market is anticipated to observe substantial growth during the forecast period, owing to the increasing acceptance of 5G technology in various industries such as telecom, automotive, healthcare, and smart cities. The US is the leading country in the region, which held the largest share of the market in 2022. The US has been at the forefront of 5G deployment, with major network operators such as Verizon, AT&T, and T-Mobile launching 5G services in several cities. The US government has also supported the development of 5G infrastructure and testing equipment by allocating spectrum, providing funding, and facilitating public-private partnerships. Canada is another key market in the region, with a high demand for 5G testing equipment from telecom service providers and original device manufacturers. Canada has also allocated spectrum for 5G services and has announced plans to auction more spectrum in 2023 and 2024. The Canadian government has also invested in 5G research and innovation by establishing the ENCQOR 5G Innovation Program, which aims to accelerate the development and adoption of 5G technology in the country. Mexico is an emerging market in the region, with a potential for 5G testing equipment growth. Mexico launched its first 5G network in 2022 with the collaboration of Telcel and Ericsson. The Mexican government has also announced its National 5G Strategy, which outlines the objectives and actions to sponsor the deployment and adoption of 5G technology in the country. The strategy also includes the development of 5G testing and certification centers to ensure the quality and security of 5G devices and services.
5G Device Testing Market: Competitive Landscape and Key Developments
Anritsu, Intertek Group plc, Keysight Technologies, Rohde & Schwarz, and Spirent Communications are among the leading market players profiled in the 5G device testing market report. Several other essential market players were also analyzed for a holistic view of the market and its ecosystem. The report provides detailed market insights, which help the key players strategize their market growth. A few developments are mentioned below:
- In January 2023, Qualcomm Technologies, Inc. and Keysight Technologies collaborated to create a 5G Non-terrestrial Network (NTN) connection. The collaboration aims to speed up the development of 5G NTN technology to provide affordable broadband connectivity in remote areas.
- In May 2021, Harman, a provider of connected technology solutions under Samsung, announced the launch of a 5G testing lab in India. The lab aims to assist companies in testing their devices for compatibility with the next-generation network. The lab offers a comprehensive device-to-cloud performance analysis, which includes testing for chipset conformance, pre-certification, network operator approval, and application performance.