Dublin, May 31, 2023 (GLOBE NEWSWIRE) -- The "Wireless Test Equipment - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Wireless Test Equipment Market to Reach $10.2 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Wireless Test Equipment estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$10.2 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030. Wireless Infrastructure Test Equipment, one of the segments analyzed in the report, is projected to record 8.8% CAGR and reach US$6.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wireless Devices Test Equipment segment is readjusted to a revised 5.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 9.4% CAGR
The Wireless Test Equipment market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.2 Billion by the year 2030 trailing a CAGR of 9.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.3% and 6.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.1% CAGR.
Select Competitors (Total 93 Featured)-
- Agilent Technologies, Inc.
- EXFO, Inc.
- Anritsu Corporation
- Advantest Corporation
- Black Box Corporation
- ADLINK Technology, Inc.
- Berkeley Varitronics Systems, Inc.
- Bird Technologies Group, Inc. ,
- CETECOM GmbH
- 7 Layers GmbH
- AEA Technology, Inc.
- EMITE Ingenieria SL
- Datrend Systems Inc.
- Accuver
- Chroma Ate Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 414 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $5.8 Billion |
| Forecasted Market Value (USD) by 2030 | $10.2 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 Pandemic and Looming Global Recession
- 2020: A Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021?
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
- Impact of COVID-19 Outbreak on Communications Industry & Implications for the Test Equipment Industry
- Wireless Test Equipment - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Introduction to Wireless Test Equipment
- Robust Expansion of Mobile Communications Industry Drives Opportunities for Wireless Test Equipment
- Global Market Prospects & Outlook
- Developing Economies to Boost Long-term Growth
- Wireless Infrastructure Test Equipment Market Exudes Immense Growth Potential
- Competition
- Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Industry Focus on Product & Service Quality Augurs Well for Wireless Testing Equipment
- Emerging Trends in the Wireless Industry to Drive Gains in the Test Equipment Market
- Growing Mobile Data Traffic and Resultant Network Complexities Enhance Importance of Wireless Equipment Testing
- World Internet Penetration Rate (in %) by Geographic Region: 2020
- Percentage of Mobile Device Website Traffic Worldwide from 1st quarter 2018 to 1st quarter 2021
- Mobile Internet Evolves into Mainstream Mobile Communication Service
- Global Mobile Data Traffic in EB/Month for the Year 2015, 2017, 2019, 2021, 2023 and 2025
- Global Mobile Internet Market: Percentage Breakdown of Revenues by Mobile Internet Category (in %) for 2020
- Device Ownership of Internet Users in %: 2020
- Mobile Share of Daily Internet Time: 2015-2020
- Increasing Proliferation of Smart Mobile Devices and Need for High-Speed and Reliable Networks Fuels Need for Wireless Test Equipment
- Worldwide Shipments of Laptops and Tablet PCs (in Million Units) for the Years 2019, 2021 and 2023
- Rising Adoption of Smartphones: Opportunities for Wireless Test Equipment Market
- Global Smartphone Shipments in Million Units: 2010-2021
- Smartphone Adoption as Share of Total Population: 2016-2021
- Smartphone Adoption Across Select Countries for 2020
- Expanding LTE and LTE-A Network Coverage Augurs Well for the Market
- Global 4G LTE Market Size (in US$ Billion) for the Years 2018, 2020, 2022 & 2024
- Global Number of Mobile 4G LTE Subscriptions (in Million) for 2017, 2019, 2021, 2023 & 2025
- 4G Technology as % of Mobile Networks by Region for 2019 and 2025
- 5G Network Deployments: Opportunities for Wireless Test Equipment Market
- Global 5G Subscriptions (In Million) for Years 2020, 2022, 2024 and 2026
- Percentage 5G Adoption by Region in 2025
- Global Smartphone Subscription Breakdown by Technology: 2019 and 2025
- Global 5G Testing Equipment Market Breakdown by End-User (in %) for 2020
- 5G Testing Equipment Market in North America by Equipment Type (in %) for 2020
- COVID-19 Crisis Adversely Impacts Evolution of 5G
- Wireless Testing Needs to Gear Up for Skyrocketing Complexity & Twists Brought by 5G
- Growing Demand for Mobile Applications Bodes Well for Wireless Test Equipment Market
- Percentage of Time Spent on Mobile Apps by Category for 2021E
- Expanding Wi-Fi Networks Drive Demand for Test Equipment
- Wi-Fi 7 Creates Pressing Need for Testing to Evolve & Elevate to Next Level
- Advancements in Wireless Technologies to Propel Growth in Wireless Testing Equipment Market
- Testing Equipment Must Evolve in Parallel to Wireless Technology
- Validating Design Performance for Next-Generation Wi-Fi Devices Needs Upgrade to Test Equipment
- Market to Benefit from the Rise in Cloud Computing
- Developments in IoT to Present Growth Potential for the Market
- Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
- Spectrum Analyzers See Steady Growth in Demand Patterns
- Global Spectrum Analyzers Market by End-Use Sector (in %) for 2020
- RF Spectrum Analyzers Gain Traction in the Communications Industry
- Signal Generators: Multifunctional, Compact Signal Generators Remain Indispensable for Test Engineers
- World Signal Generators Market Breakdown of Revenues (in %) by End-Use Segment for 2020
- RF Signal Generators: Significant Growth in Store
- One-Box Wireless Test Equipment Gains Prominence
- Test Equipment Demand to Emerge from the Rise in Mobile Data Offloading
- NFV Technology Propels Demand for Wireless Test Equipment
- Global Network Function Virtualization Market (in US$ Million) for 2020 and 2027
- Wireless Network Test Equipment Market to Remain in Upswing Mode
- Mobile Network Drive Test Equipment: 5G Deployments to Boost Market
- Spiraling Test Metrics & Equipment Issues Add Cost & Stymie R&D Process
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/qyaz5x
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