Wireless Testing Market Share, Size Report to 2027
[Research Report] The wireless testing market is expected to grow from US$ 11,616.2 million in 2021 and is projected to reach US$ 17,379.7 million by 2027. The Wireless testing market is expected to grow at a CAGR of 6.8% during the forecast period of 2021 to 2027.
The prime objective of wireless testing is to evaluate the safety and quality of products to assure consumers that a manufacturer has followed international and national regulations and industry standards that ensure product quality, environmental protection, and public health and safety. Moreover, wireless testing also assures consumers that products tested are harmless and safe to use and fulfill all performance standards. In order to ensure their quality, the wireless testing of products before their deployment is essential; therefore, the demand for wireless testing services has explicitly increased. Recent developments in wireless technologies such as 4Gand 5G and the adoption of advanced product production/manufacturing techniques are some of the main factors driving the growth of the wireless testing market. Increasing advancement in wireless technologies such as NFC (Near-Field Communications), Bluetooth, and Wi-Fi is propelling the wireless testing market's growth. Growing developments in technologies such as AI, IoT, etc., are expected to generate several wireless testing market opportunities during the forecast period.
The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in the year 2020 and likely in 2021 also. The global electronic and semiconductor industry is one of the major industries suffering serious disruptions due to the coronavirus crisis. It is impacting the growth of the global wireless testing Market. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak has impacted the wireless testing market. The COVID-19 outbreak on the global wireless testing market growth in various countries/regions is described below sections.
The global wireless testing market is segmented based on offering, technology, and application. Based on offering, the wireless testing market is segmented as equipment, services. Equipment type includes wireless device testing (oscilloscope, signal generators, spectrum analyzers, and network analyzers) and wireless network testing (network testers, network scanners, and OTA testers). Based on technology, the market is segmented as Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. Based on application, the market is segmented as consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, others (research, education, and government).
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Wireless Testing Market: Strategic Insights
Market Size Value in US$ 11,616.2 Million in 2021 Market Size Value by US$ 17,379.7 Million by 2027 Growth rate CAGR of 6.8% from 2021-2027 Forecast Period 2021-2027 Base Year 2021
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Wireless Testing Market: Strategic Insights
| Market Size Value in | US$ 11,616.2 Million in 2021 |
| Market Size Value by | US$ 17,379.7 Million by 2027 |
| Growth rate | CAGR of 6.8% from 2021-2027 |
| Forecast Period | 2021-2027 |
| Base Year | 2021 |
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Wireless Testing Market Insights
Rising Demand for Cloud Computing and IoT Devices
Cloud technology has been tremendously adopted by all the verticals globally. The technology has brought a massive enhancement into the data storage in the cloud. Individuals and businesses find this technology relevant to their daily use, and the government is highly investing in cloud computing to implement it in all industries. For instance, in October 2020, The European Union stated that it would invest ~US$ 12.05 billion over the next seven years to build a cloud computing sector. A declaration has been signed by twenty-five European countries to drive cloud technology. Cloud computing has developed as a vital model that has attracted significant attention in various industries. The vendors are providing a cloud-based deployment model to mitigate the infrastructure cost for the clients. With the rising advancements in cloud computing, there is a substantial increase in mobile subscriptions.
Offering -Based Market Insights
Wireless testing equipment and services enhance and maintain the efficiency and speed of the numerous devices and network. Innovations in networking and communication—such as 4Gand 5G —incorporated with smart devices, drive wireless testing solutions in various industries. Thus, wireless testing plays an important role in the smooth functioning of the business operations. Based on offering, the market is segmented into equipment and services. Further, equipment is segmented into wireless devices testing and wireless network testing.
Technology -Based Market Insights
Based on technology, the market is segmented into Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. The bluetooth segment led the wireless testing market with a highest market share. Bluetooth allows connectivity for a broad range of electronic devices, such as mobile phones, computers, and medical devices. It reduces the cable connection between devices by connecting them over short distances, up to 100 m. Based on IEEE 802.15.1 Wireless Networking Standard, Bluetooth utilizes short-wavelength ultra-high frequency radio waves to exchange data between two devices.
Application -Based Market Insights
The wireless testing market based on the application, is segmented into consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, and others. The IT and telecommunication segment led the wireless testing market with a highest market share of XX.X%.
Players operating in the wireless testing market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the Wireless testing market. A few developments by key players of the wireless testing market are:
In April 2020, Sigfox approved for SGS's laboratory in San Diego, California, in the USA to become an accredited provider of Sigfox testing services.
In March 2020, Keysight Technologies, declared that DEKRA has selected Keysight's end-to-end test solutions to certify 5G new radio (NR) and vehicle-to-everything (V2X) devices, in compliance with a wide range of requirements, to enhances safety in human interaction with technology, including vehicles.
Wireless Testing Market Report Scope
Wireless Testing Market – by Offering
- Equipment
- Wireless Device Testing
- Wireless Network Testing
- Services
Wireless Testing Market – by Technology
- Bluetooth
- Wi-Fi
- GPS
- 2G/3G
- 4G/LTE
- 5G
Wireless Testing Market – by Application
- Consumer Electronics
- Automotive
- IT and Telecommunication
- Energy and Power
- Medical Devices
- Aerospace and Defense
- Industrial
- Others
Wireless Testing Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Spain
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
SAM
- Brazil
- Argentina
- Rest of SAM
Wireless Testing Market – Company Profiles
- Anritsu
- Bureau Veritas
- Dekra Certification B.V
- EXFO
- Intertek Group Plc
- Key Technologies
- Rohde & Schwarz GmbH & Co
- SGS SA
- TUV Rheinland
- Viavi Solutions Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering , Technology , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The Bluetooth is the leading technology in the market. Bluetooth device manufacturers witness the rise in production volumes resulting in a decrease in cost of the devices. Significant factors, such as low prices, high volumes, and fast time-to-market, generate the need for affordable and efficient solutions to test the quality and compliance of Bluetooth technology.
North America led the wireless testing market in 2019. In the past few years, there have been developments in wireless technologies for communicating data, voice, and video. The advent of the Internet of Things (IoT) and machine-to-machine communication has driven the demand for wireless testing in North America.
Smartphones and smart devices are integrated with numerous components, which might create issues. Thus, products require to be tested several times by using diverse wireless test equipment for each component. Thus, rising smartphone and smart device penetration stimulates the growth of wireless testing solutions to ensure seamless functioning and safety.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Wireless Testing Market – By Offering
1.3.2 Wireless Testing Market – By Technology
1.3.3 Wireless Testing Market – By Application
1.3.4 Wireless Testing Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Wireless Testing Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 Middle East and Africa
4.2.5 South America
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Wireless Testing Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Adoption of Smartphones and Smart Devices
5.1.2 Rising Demand for Cloud Computing and IoT Devices
5.2 Market Restraints
5.2.1 Lack of Standardization in Connectivity Protocols
5.3 Market Opportunities
5.3.1 Increasing Focus on Development of 5G Network
5.4 Future Trends
5.4.1 Rising Demand for Smart Homes
5.5 Impact Analysis of Drivers and Restraints
6. Wireless Testing – Global Market Analysis
6.1 Wireless Testing Market Overview
6.2 Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Five Key Players
7. Wireless Testing Market Analysis – By offering
7.1 Overview
7.2 Wireless Testing Market Breakdown, by offering, 2019 & 2027
7.3 Equipment
7.3.1 Overview
7.3.2 Equipment: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
7.3.3 Wireless Device Testing
7.3.3.1 Overview
7.3.3.2 Wireless Device Testing: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
7.3.4 Wireless Network Testing
7.3.4.1 Overview
7.3.4.2 Wireless Network Testing: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
8. Wireless Testing Market Analysis – By Technology
8.1 Overview
8.2 Wireless Testing Market Breakdown, by Technolog y, 2019 & 2027
8.3 Bluetooth
8.3.1 Overview
8.3.2 Bluetooth: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
8.4 Wi-Fi
8.4.1 Overview
8.4.2 Wi-Fi: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
8.5 GPS
8.5.1 Overview
8.5.2 GPS: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
8.6 2G/3G
8.6.1 Overview
8.6.2 2G/3G: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
8.7 4G/LTE
8.7.1 Overview
8.7.2 4G/LTE: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
8.8 5G
8.8.1 Overview
8.8.2 5G : Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9. Wireless Testing Market Analysis – By Application
9.1 Overview
9.2 Wireless Testing Market Breakdown, by Application, 2019 & 2027
9.3 Consumer Electronics
9.3.1 Overview
9.3.2 Consumer Electronics: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.4 Automotive
9.4.1 Overview
9.4.2 Automotive: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.5 IT and Telecommunication
9.5.1 Overview
9.5.2 IT and Telecommunication: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.6 Energy and Power
9.6.1 Overview
9.6.2 Energy and Power: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.7 Medical Devices
9.7.1 Overview
9.7.2 Medical Devices: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.8 Aerospace and Defense
9.8.1 Overview
9.8.2 Aerospace and Defense: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.9 Industrial
9.9.1 Overview
9.9.2 Industrial: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
9.10 Others
9.10.1 Overview
9.10.2 Others: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million
10. Wireless Testing Market – Geographic Analysis
10.1 Overview
10.2 North America: Wireless Testing Market
10.2.1 North America: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2 North America: Wireless Testing Market, by Offering
10.2.2.1 North America: Wireless Testing Market, by Equipment
10.2.3 North America: Wireless Testing Market, by Technology
10.2.4 North America: Wireless Testing Market, by Application
10.2.5 North America: Wireless Testing Market, by Key Country
10.2.5.1 US: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Wireless Testing Market, by Offering
10.2.5.1.1.1 US: Wireless Testing Market, by Equipment
10.2.5.1.2 US: Wireless Testing Market, by Technology
10.2.5.1.3 US: Wireless Testing Market, by Application
10.2.5.2 Canada: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Wireless Testing Market, by Offering
10.2.5.2.1.1 Canada: Wireless Testing Market, by Equipment
10.2.5.2.2 Canada: Wireless Testing Market, by Technology
10.2.5.2.3 Canada: Wireless Testing Market, by Application
10.2.5.3 Mexico: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Wireless Testing Market, by Offering
10.2.5.3.1.1 Mexico: Wireless Testing Market, by Equipment
10.2.5.3.2 Mexico: Wireless Testing Market, by Technology
10.2.5.3.3 Mexico: Wireless Testing Market, by Application
10.3 Europe: Wireless Testing Market
10.3.1 Europe: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.2 Europe: Wireless Testing Market, by Offering
10.3.2.1 Europe: Wireless Testing Market, by Equipment
10.3.3 Europe: Wireless Testing Market, by Technology
10.3.4 Europe: Wireless Testing Market, by Application
10.3.5 Europe: Wireless Testing Market, by Key Country
10.3.5.1 France: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 France: Wireless Testing Market, by Offering
10.3.5.1.1.1 France: Wireless Testing Market, by Equipment
10.3.5.1.2 France: Wireless Testing Market, by Technology
10.3.5.1.3 France: Wireless Testing Market, by Application
10.3.5.2 Germany: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 Germany: Wireless Testing Market, by Offering
10.3.5.2.1.1 Germany: Wireless Testing Market, by Equipment
10.3.5.2.2 Germany: Wireless Testing Market, by Technology
10.3.5.2.3 Germany: Wireless Testing Market, by Application
10.3.5.3 Italy: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Wireless Testing Market, by Offering
10.3.5.3.1.1 Italy: Wireless Testing Market, by Equipment
10.3.5.3.2 Italy: Wireless Testing Market, by Technology
10.3.5.3.3 Italy: Wireless Testing Market, by Application
10.3.5.4 UK: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 UK: Wireless Testing Market, by Offering
10.3.5.4.1.1 UK: Wireless Testing Market, by Equipment
10.3.5.4.2 UK: Wireless Testing Market, by Technology
10.3.5.4.3 UK: Wireless Testing Market, by Application
10.3.5.5 Russia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Wireless Testing Market, by Offering
10.3.5.5.1.1 Russia: Wireless Testing Market, by Equipment
10.3.5.5.2 Russia: Wireless Testing Market, by Technology
10.3.5.5.3 Russia: Wireless Testing Market, by Application
10.3.5.6 Rest of Europe: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Wireless Testing Market, by Offering
10.3.5.6.1.1 Rest of Europe: Wireless Testing Market, by Equipment
10.3.5.6.2 Rest of Europe: Wireless Testing Market, by Technology
10.3.5.6.3 Rest of Europe: Wireless Testing Market, by Application
10.4 APAC: Wireless Testing Market
10.4.1 APAC: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.2 APAC: Wireless Testing Market, by Offering
10.4.2.1 APAC: Wireless Testing Market, by Equipment
10.4.3 APAC: Wireless Testing Market, by Technology
10.4.4 APAC: Wireless Testing Market, by Application
10.4.5 APAC: Wireless Testing Market, by Key Country
10.4.5.1 Australia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Wireless Testing Market, by Offering
10.4.5.1.1.1 Australia: Wireless Testing Market, by Equipment
10.4.5.1.2 Australia: Wireless Testing Market, by Technology
10.4.5.1.3 Australia: Wireless Testing Market, by Application
10.4.5.2 China: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Wireless Testing Market, by Offering
10.4.5.2.1.1 China: Wireless Testing Market, by Equipment
10.4.5.2.2 China: Wireless Testing Market, by Technology
10.4.5.2.3 China: Wireless Testing Market, by Application
10.4.5.3 India: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Wireless Testing Market, by Offering
10.4.5.3.1.1 India: Wireless Testing Market, by Equipment
10.4.5.3.2 India: Wireless Testing Market, by Technology
10.4.5.3.3 India: Wireless Testing Market, by Application
10.4.5.4 Japan: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Wireless Testing Market, by Offering
10.4.5.4.1.1 Japan: Wireless Testing Market, by Equipment
10.4.5.4.2 Japan: Wireless Testing Market, by Technology
10.4.5.4.3 Japan: Wireless Testing Market, by Application
10.4.5.5 South Korea: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Wireless Testing Market, by Offering
10.4.5.5.1.1 South Korea: Wireless Testing Market, by Equipment
10.4.5.5.2 South Korea: Wireless Testing Market, by Technology
10.4.5.5.3 South Korea: Wireless Testing Market, by Application
10.4.5.6 Rest of APAC: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of APAC: Wireless Testing Market, by Offering
10.4.5.6.1.1 Rest of APAC: Wireless Testing Market, by Equipment
10.4.5.6.2 Rest of APAC: Wireless Testing Market, by Technology
10.4.5.6.3 Rest of APAC: Wireless Testing Market, by Application
10.5 MEA: Wireless Testing Market
10.5.1 MEA: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.2 MEA: Wireless Testing Market, by Offering
10.5.2.1 MEA: Wireless Testing Market, by Equipment
10.5.3 MEA: Wireless Testing Market, by Technology
10.5.4 MEA: Wireless Testing Market, by Application
10.5.5 MEA: Wireless Testing Market, by Key Country
10.5.5.1 South Africa: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Wireless Testing Market, by Offering
10.5.5.1.1.1 South Africa: Wireless Testing Market, by Equipment
10.5.5.1.2 South Africa: Wireless Testing Market, by Technology
10.5.5.1.3 South Africa: Wireless Testing Market, by Application
10.5.5.2 Saudi Arabia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Wireless Testing Market, by Offering
10.5.5.2.1.1 Saudi Arabia: Wireless Testing Market, by Equipment
10.5.5.2.2 Saudi Arabia: Wireless Testing Market, by Technology
10.5.5.2.3 Saudi Arabia: Wireless Testing Market, by Application
10.5.5.3 UAE: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Wireless Testing Market, by Offering
10.5.5.3.1.1 UAE: Wireless Testing Market, by Equipment
10.5.5.3.2 UAE: Wireless Testing Market, by Technology
10.5.5.3.3 UAE: Wireless Testing Market, by Application
10.5.5.4 Rest of MEA: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Wireless Testing Market, by Offering
10.5.5.4.1.1 Rest of MEA: Wireless Testing Market, by Equipment
10.5.5.4.2 Rest of MEA: Wireless Testing Market, by Technology
10.5.5.4.3 Rest of MEA: Wireless Testing Market, by Application
10.6 SAM: Wireless Testing Market
10.6.1 SAM: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.2 SAM: Wireless Testing Market, by Offering
10.6.2.1 SAM: Wireless Testing Market, by Equipment
10.6.3 SAM: Wireless Testing Market, by Technology
10.6.4 SAM: Wireless Testing Market, by Application
10.6.5 SAM: Wireless Testing Market, by Key Country
10.6.5.1 Brazil: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Wireless Testing Market, by Offering
10.6.5.1.1.1 Brazil: Wireless Testing Market, by Equipment
10.6.5.1.2 Brazil: Wireless Testing Market, by Technology
10.6.5.1.3 Brazil: Wireless Testing Market, by Application
10.6.5.2 Argentina: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Wireless Testing Market, by Offering
10.6.5.2.1.1 Argentina: Wireless Testing Market, by Equipment
10.6.5.2.2 Argentina: Wireless Testing Market, by Technology
10.6.5.2.3 Argentina: Wireless Testing Market, by Application
10.6.5.3 Rest of SAM: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of SAM: Wireless Testing Market, by Offering
10.6.5.3.1.1 Rest of SAM: Wireless Testing Market, by Equipment
10.6.5.3.2 Rest of SAM: Wireless Testing Market, by Technology
10.6.5.3.3 Rest of SAM: Wireless Testing Market, by Application
11. Impact of COVID-19 Pandemic on Wireless Testing Market
11.1 Overview
11.2 North America
11.3 Europe
11.4 Asia-Pacific
11.5 Middle East and Africa
11.6 South America
12. Global Wireless Testing Market Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
12.4 New Development
13. Company Profiles
13.1 KEYSIGHT TECHNOLOGIES
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 SGS SA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 BUREAU VERITAS
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Rohde & Schwarz GmbH & Co.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Anritsu
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 INTERTEK GROUP PLC
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 VIAVI SOLUTIONS INC.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 DEKRA CERTIFICATION B.V
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 TÜV RHEINLAND
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 EXFO
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America: Wireless Testing Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 3. North America: Wireless Testing Market, by Equipment – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: Wireless Testing Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America: Wireless Testing Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 8. US: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 9. US: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 12. Canada: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 13. Canada: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 15. Mexico: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 16. Mexico: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 17. Mexico: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 18. Europe: Wireless Testing Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 19. Europe: Wireless Testing Market, by Equipment– Revenue and Forecast to 2027 (US$ Million)
Table 20. Europe: Wireless Testing Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 21. Europe: Wireless Testing Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 22. France: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 23. France: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 24. France: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 25. France: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 26. Germany: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 27. Germany: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 28. Germany: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 29. Germany: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 30. Italy: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 31. Italy: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 32. Italy: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 33. Italy: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 34. UK: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 35. UK: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 36. UK: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 37. UK: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 38. Russia: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 39. Russia: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 40. Russia: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 41. Russia: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 42. Rest of Europe: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 43. Rest of Europe: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 44. Rest of Europe: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 45. Rest of Europe: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 46. APAC: Wireless Testing Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 47. APAC: Wireless Testing Market, by Equipment– Revenue and Forecast to 2027 (US$ Million)
Table 48. APAC: Wireless Testing Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 49. APAC: Wireless Testing Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 50. Australia: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 51. Australia: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 52. Australia: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 53. Australia: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 54. China: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 55. China: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 56. China: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 57. China: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 58. India: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 59. India: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 60. India: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 61. India: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 62. Japan: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 63. Japan: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 64. Japan: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 65. Japan: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 66. South Korea: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 67. South Korea: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 68. South Korea: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 69. South Korea: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 70. Rest of APAC: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 71. Rest of APAC: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 72. Rest of APAC: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 73. Rest of APAC: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 74. MEA: Wireless Testing Market, by Offering– Revenue and Forecast to 2027 (US$ Million)
Table 75. MEA: Wireless Testing Market, by Equipment– Revenue and Forecast to 2027 (US$ Million)
Table 76. MEA: Wireless Testing Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 77. MEA: Wireless Testing Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 78. South Africa: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 79. South Africa: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 80. South Africa: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 81. South Africa: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 82. Saudi Arabia: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 83. Saudi Arabia: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 84. Saudi Arabia: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 85. Saudi Arabia: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 86. UAE: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 87. UAE: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 88. UAE: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 89. UAE: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 90. Rest of MEA: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 91. Rest of MEA: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 92. Rest of MEA: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 93. Rest of MEA: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 94. SAM: Wireless Testing Market, by Offering – Revenue and Forecast to 2027 (US$ Million)
Table 95. SAM: Wireless Testing Market, by Equipment – Revenue and Forecast to 2027 (US$ Million)
Table 96. SAM: Wireless Testing Market, by Technology – Revenue and Forecast to 2027 (US$ Million)
Table 97. SAM: Wireless Testing Market, by Application – Revenue and Forecast to 2027 (US$ Million)
Table 98. Brazil: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 99. Brazil: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 100. Brazil: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 101. Brazil: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 102. Argentina: Wireless Testing Market, by Offering –Revenue and Forecast to 2027 (US$ Million)
Table 103. Argentina: Wireless Testing Market, by Equipment –Revenue and Forecast to 2027 (US$ Million)
Table 104. Argentina: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 105. Argentina: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 106. Rest of SAM: Wireless Testing Market, by Offering–Revenue and Forecast to 2027 (US$ Million)
Table 107. Rest of SAM: Wireless Testing Market, by Equipment–Revenue and Forecast to 2027 (US$ Million)
Table 108. Rest of SAM: Wireless Testing Market, by Technology –Revenue and Forecast to 2027 (US$ Million)
Table 109. Rest of SAM: Wireless Testing Market, by Application –Revenue and Forecast to 2027 (US$ Million)
Table 110. List of Abbreviation
LIST OF FIGURES
Figure 1. Wireless Testing Market Segmentation
Figure 2. Wireless Testing Market Segmentation – By Geography
Figure 3. Global Wireless Testing Market Overview
Figure 4. Equipment Offering to Show Remarkable Traction During Forecast Period
Figure 5. Wireless Device Testing Equipment to Dominate the Wireless Testing Market
Figure 6. Bluetooth Technology to Dominate the Wireless Testing Market
Figure 7. IT and telecommunication Application to Dominate the Wireless Testing Market
Figure 8. APAC Held Largest Share of Global Wireless Testing Market
Figure 9. North America – PEST Analysis
Figure 10. Europe – PEST Analysis
Figure 11. Asia Pacific – PEST Analysis
Figure 12. Middle East and Africa – PEST Analysis
Figure 13. SAM – PEST Analysis
Figure 14. Ecosystem Analysis
Figure 15. Expert Opinion
Figure 16. Wireless Testing Market Impact Analysis of Drivers and Restraints
Figure 17. Geographic Overview of Wireless Testing Market
Figure 18. Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Wireless Testing Market Breakdown, by offering (2019 and 2027)
Figure 20. Equipment: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Wireless Device Testing: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Wireless Network Testing: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Services: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
Figure 24. Wireless Testing Market Breakdown, by Technology (2019 and 2027)
Figure 25. Bluetooth Market Revenue and Forecast to 2027 (US$ Million)
Figure 26. Wi-Fi: Wireless Testing Market –Revenue and Forecast to 2027 (US$ Million)
Figure 27. GPS: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. 2G/3G: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 29. 4G/LTE: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 30. 5G : Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Wireless Testing Market Breakdown, by Application (2019 and 2027)
Figure 32. Consumer Electronics: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 33. Automotive: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 34. IT and Telecommunication: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 35. Energy and Power: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 36. Medical Devices: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 37. Aerospace and Defense: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 38. Industrial: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 39. Others: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 40. Wireless Testing Market Revenue Share, By Region (2019 and 2027)
Figure 41. North America: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. North America: Wireless Testing Market Revenue Share, By Offering (2019 and 2027)
Figure 43. North America: Wireless Testing Market Revenue Share, By Equipment (2019 and 2027)
Figure 44. North America: Wireless Testing Market Revenue Share, By Technology (2019 and 2027)
Figure 45. North America: Wireless Testing Market Revenue Share, By Application (2019 and 2027)
Figure 46. North America: Wireless Testing Market Revenue Share, By Key Country (2019 and 2027)
Figure 47. US: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 48. Canada: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 49. Mexico: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 50. Europe: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 51. Europe: Wireless Testing Market Revenue Share, By Offering (2019 and 2027)
Figure 52. Europe: Wireless Testing Market Revenue Share, By Equipment (2019 and 2027)
Figure 53. Europe: Wireless Testing Market Revenue Share, By Technology (2019 and 2027)
Figure 54. Europe: Wireless Testing Market Revenue Share, By Application (2019 and 2027)
Figure 55. Europe: Wireless Testing Market Revenue Share, By Key Country (2019 and 2027)
Figure 56. France: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 57. Germany: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 58. Italy: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 59. UK: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 60. Russia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 61. Rest of Europe: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. APAC: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 63. APAC: Wireless Testing Market Revenue Share, By Offering (2019 and 2027)
Figure 64. APAC: Wireless Testing Market Revenue Share, By Equipment (2019 and 2027)
Figure 65. APAC: Wireless Testing Market Revenue Share, By Technology (2019 and 2027)
Figure 66. APAC: Wireless Testing Market Revenue Share, By Application (2019 and 2027)
Figure 67. APAC: Wireless Testing Market Revenue Share, By Key Country (2019 and 2027)
Figure 68. Australia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 69. China: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 70. India: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 71. Japan: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 72. South Korea: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 73. Rest of APAC: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 74. MEA: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 75. MEA: Wireless Testing Market Revenue Share, By Offering (2019 and 2027)
Figure 76. MEA: Wireless Testing Market Revenue Share, By Equipment (2019 and 2027)
Figure 77. MEA: Wireless Testing Market Revenue Share, By Technology (2019 and 2027)
Figure 78. MEA: Wireless Testing Market Revenue Share, By Application (2019 and 2027)
Figure 79. MEA: Wireless Testing Market Revenue Share, By Key Country (2019 and 2027)
Figure 80. South Africa: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 81. Saudi Arabia: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 82. UAE: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 83. Rest of MEA: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 84. SAM: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 85. SAM: Wireless Testing Market Revenue Share, By Offering (2019 and 2027)
Figure 86. SAM: Wireless Testing Market Revenue Share, By Equipment (2019 and 2027)
Figure 87. SAM: Wireless Testing Market Revenue Share, By Technology (2019 and 2027)
Figure 88. SAM: Wireless Testing Market Revenue Share, By Application (2019 and 2027)
Figure 89. SAM: Wireless Testing Market Revenue Share, By Key Country (2019 and 2027)
Figure 90. Brazil: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 91. Argentina: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 92. Rest of SAM: Wireless Testing Market – Revenue and Forecast to 2027 (US$ Million)
Figure 93. Impact of COVID-19 Pandemic in North American Country Markets
Figure 94. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 95. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 96. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 97. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Wireless Testing Market
- Anritsu
- Bureau Veritas
- Dekra Certification B.V
- EXFO
- Intertek Group Plc
- Key Technologies
- Rohde & Schwarz GmbH & Co
- SGS SA
- TUV Rheinland
- Viavi Solutions Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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