The latest research study “Wireless Testing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global wireless testing market reached a value of US$ 9.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 14.54 Billion by 2027, exhibiting a CAGR of 6.60% during 2022-2027.
Wireless testing evaluates a device’s capacity to establish connections with networks and other electronic devices. It assists in performing multiple operational tasks, ensuring regulatory compliance, analyzing device interoperability performance, and improving users’ safety. Since it helps organizations eliminate the risk of unusual activities and enhance security operations, wireless testing finds extensive applications across various industries, including information technology (IT), consumer electronics, automotive, and telecommunication.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Wireless Testing Market Trends and Drivers:
The global wireless testing market is primarily driven by rising cyberattacks and fraudulent activities. Additionally, the implementation of remote working models amid the recent coronavirus disease (COVID-19) outbreak has led to a higher risk of data vulnerability. In line with this, the emergence of machine-to-machine (M2M), the Industrial Internet of Things (IIoT), and the Internet of Things (IoT) communication solutions to ensure optimal security and perform real-time machine data transfers is positively influencing market growth.
Besides this, the introduction of next-generation wireless equipment for designing interfaces, testing mobile devices, and developing multiple-antenna solutions, such as multiple-in multiple-out (MIMO), long-term evolution (LTE) advanced, and beamforming, has accelerated the product adoption rate.
Other factors, including the ongoing research and development (R&D) activities for conducting pre-conformance evaluation and improving the performance of cellular and deployed networks, technological advancements, rising usage of 5G devices, and escalating demand for wireless technology, are also anticipated to propel the market growth.
Global Wireless Testing Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Wireless Testing Companies:
Anritsu Corporation, Bureau Veritas, Dekra SE, Electro Magnetic Test Inc., Eurofins Scientific, EXFO Inc., Intertek Group PLC, Keysight Technolgies, Rohde & Schwarz GmbH & Co. KG, SGS S.A., Thales Group, TÜV Rheinland and Viavi Solutions Inc.
The report has segmented the market on the basis of region, offering, technology and application.
Breakup by Offering:
- Equipment
- Services
Breakup by Technology:
- Wi-Fi
- Bluetooth
- 2G/3G
- 4G/LTE
- 5G
- Others
Breakup by Application:
- Consumer Electronics
- Automotive
- IT and Telecommunication
- Energy and Power
- Medical Devices
- Aerospace and Defense
- Others
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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