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 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 |
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.
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:
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 |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 4: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 5: North America Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 6: North America Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 7: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 8: Latin America Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 9: Latin America Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 10: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 11: Western Europe Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 12: Western Europe Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 13: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Eastern Europe Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 15: Eastern Europe Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 16: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 17: South Asia and Pacific Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 18: South Asia and Pacific Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 19: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 20: East Asia Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 21: East Asia Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Table 22: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 23: Middle East and Africa Market Value (US$ Million) Forecast by Offering, 2019 to 2034
Table 24: Middle East and Africa Market Value (US$ Million) Forecast by End-User Industry, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Offering, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 4: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 5: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 6: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 7: Global Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 8: Global Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 9: Global Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 10: Global Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 11: Global Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 12: Global Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 13: Global Market Attractiveness by Offering, 2024 to 2034
Figure 14: Global Market Attractiveness by End-User Industry, 2024 to 2034
Figure 15: Global Market Attractiveness by Region, 2024 to 2034
Figure 16: North America Market Value (US$ Million) by Offering, 2024 to 2034
Figure 17: North America Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 18: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 19: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 20: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 21: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 22: North America Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 23: North America Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 24: North America Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 26: North America Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 28: North America Market Attractiveness by Offering, 2024 to 2034
Figure 29: North America Market Attractiveness by End-User Industry, 2024 to 2034
Figure 30: North America Market Attractiveness by Country, 2024 to 2034
Figure 31: Latin America Market Value (US$ Million) by Offering, 2024 to 2034
Figure 32: Latin America Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 33: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 34: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 35: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 36: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 37: Latin America Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 38: Latin America Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 39: Latin America Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 40: Latin America Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 41: Latin America Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 42: Latin America Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 43: Latin America Market Attractiveness by Offering, 2024 to 2034
Figure 44: Latin America Market Attractiveness by End-User Industry, 2024 to 2034
Figure 45: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 46: Western Europe Market Value (US$ Million) by Offering, 2024 to 2034
Figure 47: Western Europe Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 48: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 49: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 50: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 51: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 52: Western Europe Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 53: Western Europe Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 54: Western Europe Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 55: Western Europe Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 56: Western Europe Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 57: Western Europe Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 58: Western Europe Market Attractiveness by Offering, 2024 to 2034
Figure 59: Western Europe Market Attractiveness by End-User Industry, 2024 to 2034
Figure 60: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 61: Eastern Europe Market Value (US$ Million) by Offering, 2024 to 2034
Figure 62: Eastern Europe Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 63: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 64: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 65: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 66: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 67: Eastern Europe Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 68: Eastern Europe Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 69: Eastern Europe Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 70: Eastern Europe Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 71: Eastern Europe Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 72: Eastern Europe Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 73: Eastern Europe Market Attractiveness by Offering, 2024 to 2034
Figure 74: Eastern Europe Market Attractiveness by End-User Industry, 2024 to 2034
Figure 75: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 76: South Asia and Pacific Market Value (US$ Million) by Offering, 2024 to 2034
Figure 77: South Asia and Pacific Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 78: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 79: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 80: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 81: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 82: South Asia and Pacific Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 83: South Asia and Pacific Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 84: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 85: South Asia and Pacific Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 86: South Asia and Pacific Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 87: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 88: South Asia and Pacific Market Attractiveness by Offering, 2024 to 2034
Figure 89: South Asia and Pacific Market Attractiveness by End-User Industry, 2024 to 2034
Figure 90: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 91: East Asia Market Value (US$ Million) by Offering, 2024 to 2034
Figure 92: East Asia Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 93: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 94: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 95: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 96: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 97: East Asia Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 98: East Asia Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 99: East Asia Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 100: East Asia Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 101: East Asia Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 102: East Asia Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 103: East Asia Market Attractiveness by Offering, 2024 to 2034
Figure 104: East Asia Market Attractiveness by End-User Industry, 2024 to 2034
Figure 105: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 106: Middle East and Africa Market Value (US$ Million) by Offering, 2024 to 2034
Figure 107: Middle East and Africa Market Value (US$ Million) by End-User Industry, 2024 to 2034
Figure 108: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 109: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 110: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 111: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 112: Middle East and Africa Market Value (US$ Million) Analysis by Offering, 2019 to 2034
Figure 113: Middle East and Africa Market Value Share (%) and BPS Analysis by Offering, 2024 to 2034
Figure 114: Middle East and Africa Market Y-o-Y Growth (%) Projections by Offering, 2024 to 2034
Figure 115: Middle East and Africa Market Value (US$ Million) Analysis by End-User Industry, 2019 to 2034
Figure 116: Middle East and Africa Market Value Share (%) and BPS Analysis by End-User Industry, 2024 to 2034
Figure 117: Middle East and Africa Market Y-o-Y Growth (%) Projections by End-User Industry, 2024 to 2034
Figure 118: Middle East and Africa Market Attractiveness by Offering, 2024 to 2034
Figure 119: Middle East and Africa Market Attractiveness by End-User Industry, 2024 to 2034
Figure 120: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
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.
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