The Global Wireless Testing Market size is expected to reach $20.3 billion by 2028, rising at a market growth of 11.4% CAGR during the forecast period.
Wireless testing’s main goal is to assess a product’s quality and safety in order to reassure consumers that a manufacturer has complied with national and international laws as well as industry regulations, which guarantee the quality of the product, environmental protection, public health, and safety.
Additionally, wireless testing provides consumers with the assurance that tested devices are secure, safe to use, and meet all performance standards. Prior to deployment, products must be wirelessly tested to assure their quality; As a result, there is a clear growth in demand for wireless testing services.
Some of the key reasons propelling the growth of the wireless testing market include the adoption of the cutting-edge product. Along with that, there is continued development of wireless technologies including Near-Field Communications, Bluetooth, and Wi-Fi. Expanding technological advancements in areas like AI and IoT are anticipated to create a number of market possibilities for wireless testing.
Market Growth Factors
Introduction and Enhancement of 5G Network and Services
Particularly in technologically saving workplaces, a surge in linked devices has resulted in a need for high-speed internet access. Comprehensive efforts are being made on a large scale for the development of the 5G technology, with 3G becoming outdated and 4G rapidly expanding its prospects all over different applications. For instance, according to numerous top network providers, including AT&T, Sprint, and T-Mobile, among others, the 5G network infrastructures should deliver a connection of about 1 Gbps.
Increase in the Need for Interlinked Vehicles to Fuel the Market
The need for wireless testing has expanded in the automotive industry, owing to the widespread demand for advanced electrical systems in luxury cars & sport utility vehicles (SUVs). For testing wireless equipment used in autos, automotive manufacturers utilize sophisticated electronic systems like radars, cameras, and LIDAR. Mobile connectivity is the main advantage of embedded wireless technology in automobiles. Also, OTA testing is conducted on a variety of wireless devices utilized in the automotive industry.
Market Restraining Factors
Shortage of Standardization in Internet Protocols
It is necessary to properly define common communication standards for smart devices since they establish intelligent networks, communicate, and share data with one another. The rapid interchange of data and information across various connected devices is essential for the expansion of the wireless connectivity business. The interoperability problems cannot be resolved by the current connection infrastructures because there are no comprehensive communication standards. Organizations and businesses are working to create a complete standard that will cover a variety of IoT platforms, applications, and devices.
Scope of the Study
Market Segments Covered in the Report:
- IT & Telecommunication
- Energy & power
- Consumer Electronics
- Medical Devices
- Aerospace & Defense
- Wireless Device Testing
- Wireless Network Testing
By Connectivity Technology
- 5G & Others
Key Market Players
- Keysight Technologies, Inc.
- SGS SA
- TUV Rheinland AG
- Rohde & Schwarz GmbH & Co. KG
- Intertek Group PLC
- DEKRA SE
- Anritsu Corporation
- EXFO, Inc.
- Viavi Solutions, Inc.
- Bureau Veritas SA
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis – Global
Chapter 4. Global Wireless Testing Market by Application
Chapter 5. Global Wireless Testing Market by Offering
Chapter 6. Global Wireless Testing Market by Connectivity Technology
Chapter 7. Global Wireless Testing Market by Region
Chapter 8. Company Profiles
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