The global 5G testing market valuation is expected to be around USD 3.6 billion in 2024. The demand for 5G testing is forecast to grow at a notable rate of 8.2% through 2034. The global market research report on 5G testing further predicts the total market value to reach up to USD 7.8 billion by 2034 end.
The global 5G testing industry and services are gaining federal support to make sure the networks are meeting performance requirements and providing the promised high-speed connection.
Market Trends & Analysis
| Report Attribute | Details |
|---|---|
| Market Revenue (2024) | USD 3.6 billion |
| Market Anticipated Forecast Value (2034) | USD 7.8 billion |
| Market Projected Growth Rate (2024 to 2034) | 8.2% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
5G testing as a service began before 2019 as many mobile network testing and optimization companies were aiding enterprises engaged in 5G research and development.
By the end of 2019, the net revenue generated from global demand for 5G testing equipment and services was figured out to be around USD 2.1 billion. The rollout of 5G network testing and validation of the 5G spectrum accelerated in the following years, driving the demand for such services at 11.4% CAGR.
| Attributes | Details |
|---|---|
| Market Size (2019) | USD 2.1 billion |
| Market Size (2023) | USD 3.2 billion |
| Market (CAGR 2019 to 2023) | 11.4% CAGR |
The 5G testing equipment and solutions are expected to gain more traction due to the proliferation of IoT or IIoT devices and the growth in linked devices. Such technologies have amplified the use of specialized testing services to guarantee that 5G networks can manage various traffic kinds and connection requirements.
Network slicing enables the development of virtualized, specially designed network segments for certain uses and has expanded the scope of the global 5G testing industry. This new technology is expected to propel the market by increasing the demand for protocol and interference testing to guarantee that network slicing is implemented and performed correctly.
Principal Consultant
The table below illustrates the expected growth rate for the 5G technology testing within different territorial boundaries. The rapid expansion of 5G network services in Asia is anticipated to drive the regional markets of China, Japan, and South Korea at a greater pace. Meanwhile, North American and European countries like the United States and the United Kingdom are expected to witness a relatively slower growth rate due to market saturation.
| Regional Market Comparison | CAGR (2024 to 2034) |
|---|---|
| United States | 8.4% |
| China | 9.2% |
| United Kingdom | 8.6% |
| Japan | 9.3% |
| South Korea | 9.5% |
Prominent factors that are anticipated to drive the United States 5G testing market at 8.4% CAGR between 2024 and 2034 include:
Leading factors that are expected to retain the growth rate of China's 5G testing market at 9.2% till 2034 include:
The table below lists the predicted net worth of the regional markets for 5G performance testing by 2034. The United States is observed to retain its dominance through the projected time frame, followed by China. The 5G testing market in Japan is expected to emerge as lucrative with a higher CAGR and a forecast valuation to compete with China.
| Regional Market Size | Market Size by 2034 (by Value) |
|---|---|
| United States | USD 1.4 billion |
| China | USD 1.2 billion |
| United Kingdom | USD 315.1 million |
| Japan | USD 878.5 million |
| South Korea | USD 429.1 million |
Based on different offerings by 5G testing market participants, the 5G testing hardware constitutes the leading segment, which is predicted to grow at 8% through 2034.
| Attributes | Details |
|---|---|
| Top Offering Type or Segment | Hardware |
| Market Segment CAGR from 2024 to 2034 | 8% |
| Market Segment CAGR from 2019 to 2023 | 11.2% |
Some of the key trends propelling the 5G testing device or hardware segment include:
Among the different end-use industries requiring testing solutions for 5G networks, IDMs and ODMs are the leading demand generators and are poised to expand at 7.8% CAGR till 2034.
| Attributes | Details |
|---|---|
| Top End-use Industry Segment | IDMs & ODMs |
| Market Segment CAGR from 2024 to 2034 | 7.8% |
| Market Segment CAGR from 2019 to 2023 | 11.1% |
Some of the notable factors that have increased the demand for 5G test equipment by this segment include:
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The competition among telecom carriers and equipment makers to capture the rapidly expanding and evolving 5G market has resulted in the emergence of many new players in a very short time. So, the global market can be observed to be fragmenting fast. Emerging market players are also eagerly collaborating and partnering with leading industries for 5G research and development to consolidate their market share.
Recent Developments
| Attribute | Details |
|---|---|
| Estimated Market Size (2024) | USD 3.6 billion |
| Projected Market Size (2034) | USD 7.8 billion |
| Anticipated Growth Rate (2024 to 2034) | 8.2% |
| Forecast Period | 2024 to 2034 |
| Historical Data Available for | 2019 to 2023 |
| Market Analysis | USD million or billion for Value and Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; the Middle East & Africa (MEA); East Asia; South Asia and Oceania |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Germany, Spain, Italy, France, United Kingdom, Russia, China, India, Australia & New Zealand, GCC Countries, and South Africa |
| Key Segments Covered | By Offering, By End Use, and By Region |
| Key Companies Profiled | Accedian; Accuver; Anokiwave, Inc.; Anritsu; Aritza Networks, Inc.; Cohu, Inc.; Consultix Wireless; Emite; Exfo, Inc.; Gao Tek & GAO Group, Inc; GI Communications, Inc.; Innowireless Co Ltd.; Keysight Technologies; Macom; Marvin Test Solutions, Inc.; National Instruments Corp.; Pctel, Inc.; Rohde & Schwarz; Simnovus; Spirent Communications |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The global 5G testing market value in 2024 is estimated to be USD 3.6 billion in 2024.
The global 5G testing market is to grow at 8.2% during the forecast period.
The global 5G testing market is predicted to be valued at USD 7.8 billion by 2034.
The global 5G testing market was valued at USD 3.2 billion in 2023.
The United States accounts for nearly 45% of the revenue share of the global market.
South Korea is predicted to witness a CAGR of 9.5% in sales of 5G testing through 2034.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Offering 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Offering, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Offering, 2024 to 2034 5.3.1. Hardware 5.3.2. Service 5.4. Y-o-Y Growth Trend Analysis By Offering, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Offering, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End-User Industry 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By End-User Industry, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By End-User Industry, 2024 to 2034 6.3.1. IDMs & ODMs 6.3.2. Telecom Equipment Manufacturers 6.3.3. Telecom Service Providers 6.3.4. Others 6.4. Y-o-Y Growth Trend Analysis By End-User Industry, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By End-User Industry, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Offering 8.2.3. By End-User Industry 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Offering 8.3.3. By End-User Industry 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Offering 9.2.3. By End-User Industry 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Offering 9.3.3. By End-User Industry 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Offering 10.2.3. By End-User Industry 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Offering 10.3.3. By End-User Industry 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Offering 11.2.3. By End-User Industry 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Offering 11.3.3. By End-User Industry 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Offering 12.2.3. By End-User Industry 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Offering 12.3.3. By End-User Industry 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Offering 13.2.3. By End-User Industry 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Offering 13.3.3. By End-User Industry 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Offering 14.2.3. By End-User Industry 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Offering 14.3.3. By End-User Industry 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2022 15.1.2.1. By Offering 15.1.2.2. By End-User Industry 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2022 15.2.2.1. By Offering 15.2.2.2. By End-User Industry 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2022 15.3.2.1. By Offering 15.3.2.2. By End-User Industry 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2022 15.4.2.1. By Offering 15.4.2.2. By End-User Industry 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2022 15.5.2.1. By Offering 15.5.2.2. By End-User Industry 15.6. UK 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2022 15.6.2.1. By Offering 15.6.2.2. By End-User Industry 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2022 15.7.2.1. By Offering 15.7.2.2. By End-User Industry 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2022 15.8.2.1. By Offering 15.8.2.2. By End-User Industry 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2022 15.9.2.1. By Offering 15.9.2.2. By End-User Industry 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2022 15.10.2.1. By Offering 15.10.2.2. By End-User Industry 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2022 15.11.2.1. By Offering 15.11.2.2. By End-User Industry 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2022 15.12.2.1. By Offering 15.12.2.2. By End-User Industry 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2022 15.13.2.1. By Offering 15.13.2.2. By End-User Industry 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2022 15.14.2.1. By Offering 15.14.2.2. By End-User Industry 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2022 15.15.2.1. By Offering 15.15.2.2. By End-User Industry 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2022 15.16.2.1. By Offering 15.16.2.2. By End-User Industry 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2022 15.17.2.1. By Offering 15.17.2.2. By End-User Industry 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2022 15.18.2.1. By Offering 15.18.2.2. By End-User Industry 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2022 15.19.2.1. By Offering 15.19.2.2. By End-User Industry 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2022 15.20.2.1. By Offering 15.20.2.2. By End-User Industry 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2022 15.21.2.1. By Offering 15.21.2.2. By End-User Industry 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2022 15.22.2.1. By Offering 15.22.2.2. By End-User Industry 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2022 15.23.2.1. By Offering 15.23.2.2. By End-User Industry 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Offering 16.3.3. By End-User Industry 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Accedian 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. Accuver 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. Anokiwave, Inc. 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. Anritsu 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. Aritza Networks, Inc. 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. Cohu, Inc 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Consultix Wireless 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. Emite 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. Exfo Inc. 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.10. Gao Tek & Gao Group Inc. 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.11. Gl Communications Inc. 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 17.1.12. Innowireless CoLtd. 17.1.12.1. Overview 17.1.12.2. Product Portfolio 17.1.12.3. Profitability by Market Segments 17.1.12.4. Sales Footprint 17.1.12.5. Strategy Overview 17.1.12.5.1. Marketing Strategy 17.1.13. Keysight Technologies 17.1.13.1. Overview 17.1.13.2. Product Portfolio 17.1.13.3. Profitability by Market Segments 17.1.13.4. Sales Footprint 17.1.13.5. Strategy Overview 17.1.13.5.1. Marketing Strategy 17.1.14. Macom 17.1.14.1. Overview 17.1.14.2. Product Portfolio 17.1.14.3. Profitability by Market Segments 17.1.14.4. Sales Footprint 17.1.14.5. Strategy Overview 17.1.14.5.1. Marketing Strategy 17.1.15. Marvin Test Solutions, Inc. 17.1.15.1. Overview 17.1.15.2. Product Portfolio 17.1.15.3. Profitability by Market Segments 17.1.15.4. Sales Footprint 17.1.15.5. Strategy Overview 17.1.15.5.1. Marketing Strategy 17.1.16. National Instruments Corp. 17.1.16.1. Overview 17.1.16.2. Product Portfolio 17.1.16.3. Profitability by Market Segments 17.1.16.4. Sales Footprint 17.1.16.5. Strategy Overview 17.1.16.5.1. Marketing Strategy 17.1.17. Pctel, Inc. 17.1.17.1. Overview 17.1.17.2. Product Portfolio 17.1.17.3. Profitability by Market Segments 17.1.17.4. Sales Footprint 17.1.17.5. Strategy Overview 17.1.17.5.1. Marketing Strategy 17.1.18. Rohde & Schwarz 17.1.18.1. Overview 17.1.18.2. Product Portfolio 17.1.18.3. Profitability by Market Segments 17.1.18.4. Sales Footprint 17.1.18.5. Strategy Overview 17.1.18.5.1. Marketing Strategy 17.1.19. Simnovus 17.1.19.1. Overview 17.1.19.2. Product Portfolio 17.1.19.3. Profitability by Market Segments 17.1.19.4. Sales Footprint 17.1.19.5. Strategy Overview 17.1.19.5.1. Marketing Strategy 17.1.20. Spirent Communications 17.1.20.1. Overview 17.1.20.2. Product Portfolio 17.1.20.3. Profitability by Market Segments 17.1.20.4. Sales Footprint 17.1.20.5. Strategy Overview 17.1.20.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
Explore Technology Insights
View Reports
5G Testing Market
