Global Wireless Testing Market Report 2024, with Case Studies of Excis, Keysight and Capgemini - ResearchAndMarkets.com

The "Global Wireless Testing Market by Offering (Equipment, Services), Technology (5G, Bluetooth, Wi-Fi, 2G/3G, 4G/LTE, GPS/GNSS), Application (Consumer Electronics, IT & telecommunication, Medical Devices, Aerospace & Defense) & Region - Forecast to 2029" report has been added to ResearchAndMarkets.com's offering.

The wireless testing market is projected to grow from USD 22.6 billion in 2024 to USD 34.1 billion by 2029, registering a CAGR of 8.6% during the forecast period.

Some of the major factors driving the growth of the wireless testing market include rising global adoption of smartphones and smart gadgets and growing adoption of cloud computing and IoT technologies. However, lack of standardization in connectivity protocols act as a challenge for the market in the future. The major growth opportunities for the market players are the adoption of autonomous driving and adoption of Wi-Fi 6 (802.11ax) and Wi-Fi 6E with enhanced wireless capabilities.

Market for consumer electronics expected to have the highest CAGR during the forecast period.

The consumer electronics segment of the wireless testing market is expected to witness the highest CAGR during the forecast period. With an emphasis on making gadgets compact and smart, wireless testing is crucial to the consumer electronics sector. In addition, before to being on sale, all consumer electronics must undergo testing for functionality, safety, and effectiveness. These goods are therefore put through end-of-line production testing, integration testing, and component testing. Consumer electronics, including tablets and smartphones, primarily make use of LTE, UMTS, and GSM technologies. Near-field communication (NFC), Bluetooth, cellphone, Wi-Fi, and other wireless technologies that are integrated into consumer gadgets are all tested by the testing service providers.

Research & Development segment expected to register the highest CAGR during the forecast period.

The research & development segment is expected to account for the highest CAGR in the forecast period. Wireless testing is a crucial component of the research and development (R&D) process in the field of wireless technologies. In the R&D phase, testing is employed to validate, optimize, and ensure the performance, reliability, and security of new wireless technologies, devices, or features. Along with research and demonstration efforts for constructing 5G networks in private domains, such as private 5G, research and development for 5G use in the automotive area has started. The need to create 5G wireless modules and Wi-Fi 6E has arisen, which is fueling the demand for wireless testing. In addition, development has started on the 6G standard, the next generation of communication.

North America to account for the second highest market share among other regions in 2023.

In 2023, North America accounted for the second largest share of the wireless testing market. Most of the leading players in the wireless testing market are based in this region. The increased spending on the research and development (R&D) of the Internet of Things (IoT) is driving the growth of the wireless testing market. The growing R&D at academic and industry levels are broadening IoT/wireless testing application areas in different end-user industries, such as consumer electronics, automotive, and medical devices, especially in North America.

The transition from 4G to 5G networks has generated lucrative growth opportunities for wireless network test equipment providers in the region. North America is a major hub for technological innovations. It is also an early adopter of new and advanced technologies. Major players, such as Keysight and VIAVI Solutions, among others in the region, support the demand for new technologies and help increase awareness regarding these technologies.

In determining and verifying the market size for several segments and subsegments gathered through extensive secondary research, primary interviews have been conducted with key industry experts in the wireless testing market.

Key Attributes:

Key Topics Covered:

Executive Summary

• Services Segment to Hold Larger Market Share in 2024
• Production Segment to Hold Largest Market Share in 2024
• Consumer Electronics Segment to Hold Largest Market Share in 2029
• Asia-Pacific to Register Highest CAGR During Forecast Period

Premium Insights

• Attractive Opportunities for Players in Wireless Testing Market - Increasing Demand for Wireless Testing in IT & Telecommunication Application to Create Lucrative Opportunities for Market Players
• Wireless Testing Market, by Equipment Type - Wireless Network Testing Segment to Register Highest CAGR During Forecast Period
• Asia-Pacific Wireless Testing Market, by Application and Country - IT & Telecommunication Segment and China Held Largest Shares of Asia-Pacific Wireless Testing Market in 2023
• Wireless Testing Market, by Country - India to Dominate Wireless Testing Market During Forecast Period

Key Market Dynamics

Drivers

• Advancements in Wireless Technology
• Increasing Focus on 5G Network Deployment
• Rising Global Adoption of Smartphones and Smart Gadgets
• Growing Adoption of Cloud Computing and IoT Technologies

Restraints

• High Investments Involved in Establishing Electromagnetic Compatibility (EMC) Testing Facilities
• Lack of Standardization in Connectivity Protocols
• High Equipment Cost and Lack of Skilled Workforce

Opportunities

• Growing Popularity of Automated Cars
• Rising Adoption of Wi-Fi 6 and Wi-Fi 6E

Challenges

• Long Lead Time Required for Overseas Qualification Tests
• Requirement for Constant Upgrades of Equipment and Services with Technological Advancements

Case Study Analysis

• Excis Rebuilt End-To-End Wireless Infrastructure and Security for Manufacturing Plant in Fulda, Germany
• Keysight Offered Iot0047A Software to ETSI to Perform Complex and Time-Consuming Adaptivity Tests
• Capgemini Conducted Public Trials of 41 New 5G Services to Enhance Traffic Management, Healthcare, Tourism, and Emergency Services in Milan

Companies Featured

• SGS
• Bureau Veritas
• Intertek
• Dekra
• Anritsu
• Alifecom Technology
• Keysight Technologies
• Rohde & Schwarz
• Viavi Solutions Inc.
• Tuv Nord Group
• Exfo Inc.
• Tuv Rheinland
• Tuv Sud
• Spirent Communications
• Eurofins Scientific
• Applus+
• Verkotan
• Testilabs Oy
• Element Materials Technology
• Evtl India
• Quadsat
• Iotas Ltd
• Electro Magnetic Test, Inc
• Tessolve
• Timco Engineering, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/9k70rk

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