Product Code: GVR-4-68038-716-2
5G Testing Equipment Market Growth & Trends:
The global 5G testing equipment market size is expected to reach USD 3.91 billion by 2030, registering a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rapidly escalating demand for smartphones, along with higher internet speeds, has resulted in vigorous manufacturing of 5G-enabled smartphones across the globe, which is propelling the market growth.
Applications of fifth generation technology continue to expand at a steady pace on account of increasing usage of IoT and connected devices. Besides, surging availability of large data centers makes it convenient to use 5G testing equipment for the deployment of fifth generation technology. The commercialization of fifth generation technology began most recently in 2019, thereby creating an opportunity hotspot for these devices in the upcoming years. Market penetration of fifth generation technology in specific sectors such as automotive, entertainment, medical, construction, and security is increasingly creating demand for 5G testing equipment. Continuously evolving research & development of these devices to make them more application-oriented and industry-compliant is anticipated to drive the market over the forecast period.
Hyper-connectivity of the world is one of the prime factors fueling the demand for 5G testing equipment. Increasing utilization of connected devices in emerging economies, such as China and India, continues to create data traffic in a network, thereby enforcing the need for establishing a more efficient and secure network. Escalating demand for data traffic control is anticipated to propel the fifth generation technology, which will consequently lead to exponential growth in the market. Furthermore, connectivity needs in smartphones, wearable devices, connected cars, smart home devices, and other consumer electronic devices are likely to augment the demand for 5G testing equipment. High speed of fifth generation technology and availability of wireless and wired technology are potential factors for easing the connectivity process. On the contrary, associated cost and technical issues due to multiple carrier involvement are considered the key restraints of the market.
5G Testing Equipment Market Report Highlights:
- The vector signal generators segment dominated the market with a share of 23.2% in 2024, underscoring their vital role in evaluating 5G network performance.
- The new segment dominated the market with the largest revenue share in 2024. This growth can be attributed to ongoing technological advancements and the integration of 5G capabilities across various sectors.
- The telecom service providers segment dominated the market with the largest revenue share in 2024, driven by their essential role in deploying and managing 5G networks.
- North America 5G testing equipment market dominated the global market with a revenue share of 45.4% in 2024, reflecting the region's strong investment in telecommunications infrastructure and technology.
- Asia Pacific 5G testing equipment market is expected to grow at a significant CAGR from 2025 to 2030, due to rapid urbanization and digitalization across the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources and Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation and Data Visualization
- 1.6. Data Validation and Publishing
Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segment Snapshot
- 2.3. Competitive Landscape Snapshot
Chapter 3. 5G Testing Equipment Market Variables, Trends and Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Industry Challenge
- 3.3. Industry Analysis Tools
- 3.3.1. PORTER's Analysis
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic and social landscape
- 3.3.2.3. Technological landscape
Chapter 4. 5G Testing Equipment Market: Equipment Estimates and Trend Analysis
- 4.1. 5G Testing Equipment Market, By Equipment: Key Takeaways
- 4.2. Equipment Movement Analysis and Market Share, 2024 and 2030
- 4.3. Market Estimates and Forecasts, By Equipment, 2018 - 2030 (USD Million)
- 4.3.1. Oscilloscopes
- 4.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Signal and Spectrum Analyzers
- 4.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030(USD Million)
- 4.3.3. Vector Signal Generators
- 4.3.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030(USD Million)
- 4.3.4. Network Analyzers
- 4.3.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030(USD Million)
- 4.3.5. Others
- 4.3.5.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. 5G Testing Equipment Market: Revenue Source Estimates and Trend Analysis
- 5.1. 5G Testing Equipment Market, By Revenue Source: Key Takeaways
- 5.2. Revenue Source Movement Analysis and Market Share, 2024 and 2030
- 5.3. Market Estimates and Forecasts, By Revenue Source, 2018 - 2030 (USD Million)
- 5.3.1. New
- 5.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.3.2. Rental
- 5.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. 5G Testing Equipment Market: End Use Estimates and Trend Analysis
- 6.1. 5G Testing Equipment Market, By End Use: Key Takeaways
- 6.2. End Use Movement Analysis and Market Share, 2024 and 2030
- 6.3. Market Estimates and Forecasts, By End Use, 2018 - 2030 (USD Million)
- 6.3.1. Telecom Equipment Manufacturers
- 6.3.1.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Original Device Manufacturers (ODMs)
- 6.3.2.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Telecom Service Providers
- 6.3.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. Others
- 6.3.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. 5G Testing Equipment Market: Regional Estimates and Trend Analysis
- 7.1. 5G Testing Equipment Market: Regional Outlook
- 7.2. Regional Marketplaces: Key Takeaways
- 7.3. Market Estimates and Forecasts, by Region, 2018 - 2030 (USD Million)
- 7.4. North America
- 7.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. U.S.
- 7.4.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. Canada
- 7.4.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. Mexico
- 7.4.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5. Europe
- 7.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. UK
- 7.5.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Germany
- 7.5.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.4. France
- 7.5.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.5. Italy
- 7.5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6. Asia Pacific
- 7.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. China
- 7.6.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Japan
- 7.6.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. India
- 7.6.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Australia
- 7.6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.6. South Korea
- 7.6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7. Latin America
- 7.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Brazil
- 7.7.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8. Middle East and Africa
- 7.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.2. UAE
- 7.8.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.3. KSA
- 7.8.3.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.8.4. Oman
- 7.8.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Positioning
- 8.3. Company Heat Map Analysis
- 8.4. Company Profiles/Listing
- 8.4.1. Anritsu
- 8.4.1.1. Company Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Equipment Portfolio
- 8.4.1.4. Recent Developments/ Strategic Initiatives
- 8.4.2. Artiza Networks Inc.
- 8.4.2.1. Company Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Equipment Portfolio
- 8.4.2.4. Recent Developments/ Strategic Initiatives
- 8.4.3. EXFO Inc.
- 8.4.3.1. Company Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Equipment Portfolio
- 8.4.3.4. Recent Developments/ Strategic Initiatives
- 8.4.4. Ceragon
- 8.4.4.1. Company Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Equipment Portfolio
- 8.4.4.4. Recent Developments/ Strategic Initiatives
- 8.4.5. Intertek Group Plc
- 8.4.5.1. Company Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Equipment Portfolio
- 8.4.5.4. Recent Developments/ Strategic Initiatives
- 8.4.6. Keysight Technologies
- 8.4.6.1. Company Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Equipment Portfolio
- 8.4.6.4. Recent Developments/ Strategic Initiatives
- 8.4.7. MACOM.
- 8.4.7.1. Company Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Equipment Portfolio
- 8.4.7.4. Recent Developments/ Strategic Initiatives
- 8.4.8. Rohde & Schwarz
- 8.4.8.1. Company Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Equipment Portfolio
- 8.4.8.4. Recent Developments/ Strategic Initiatives
- 8.4.9. Teradyne Inc.
- 8.4.9.1. Company Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Equipment Portfolio
- 8.4.9.4. Recent Developments/ Strategic Initiatives
- 8.4.10. VIAVI Solutions Inc.
- 8.4.10.1. Company Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Equipment Portfolio
- 8.4.10.4. Recent Developments/ Strategic Initiatives