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

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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 Regional Insights

The regional trends and factors influencing the Wireless Testing Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Wireless Testing Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Wireless Testing Market Market Report Scope

Market Players Density: Understanding Its Impact on Business Dynamics

The Wireless Testing Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Wireless Testing Market are:

1. Anritsu
2. Bureau Veritas
3. Dekra Certification B.V
4. EXFO
5. Intertek Group Plc

Disclaimer: The companies listed above are not ranked in any particular order.

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