Sat, 25 Jun 2022

The new report by Expert Market Research titled, 'Global 5G Testing Equipment Market Report and Forecast 2022-2027', gives an in-depth analysis of the global 5G testing equipment market, assessing the market based on its segments like source, equipment, end use, application, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2022)

• Forecast CAGR (2022-2027): 8.84%

Hyper connection is one of the primary factors driving the demand for testing equipment. The increased use of smartphones and other devices in developing economies such as China and India continue to generate data traffic on a network. As a result, the need for a more efficient and secure network has become even more important. As a result of the rising demand for data traffic control, 5G technology is predicted to advance, leading in the growth of the 5G testing equipment sector.

Furthermore, the market is predicted to rise due to connectivity requirements in smartphones, connected cars, smart home devices, and other consumer electronic items. The availability of wireless and wired technologies, as well as the implementation of 5G, are all possible aspects for making the connectivity process easier, resulting in a surge in demand for 5G testing equipment.

Industry Definition and Major Segments

5G testing equipment is one of the advanced options for testing the capability of 5G systems, which includes devices and equipment. There has been an increase in network connectivity, ranging from 2G to 3G to 4G and the most recent form of 5G, as well as upgraded network technology. 5G is the latest in a long line of cellular technologies that operate in incredibly wide radio frequency bands and allow for novel framework utilisation beyond present mobile broadband. To attain operational excellence in this burgeoning industry, 5G testing entails more than just confirming download speed, wide coverage density, and ultra-low latency.

Read Full Report with Table of Contents: https://bit.ly/3MlHSvC

Based on source, the market is segmented into:

• New

• Rental

On the basis of equipment, the industry can be divided into:

• Oscilloscopes

• Vector Signal Generators

• Signal Analysers

• Spectrum Analysers

• Network Analysers

• Others

Based on end use, the industry can be segmented into:

• Telecom Equipment Manufacturers

• Original Device Manufacturers (ODMs)

• Telecom Service Providers

• Others

Based on application, the market is segmented into:

• Network Construction

• Network Maintenance

• Network Optimisation

• Others

On the Basis of region, the market can be divided into:

• North America

• Europe

• The Asia Pacific

• Latin America

• The Middle East and Africa

Market Trends

The rising deployment of modern technologies and the presence of well-built network infrastructure in North America are projected to boost market expansion. Meanwhile, in the future years, the developing telecom industry is expected to contribute to moderate market expansion in the Middle East and Africa, as well as Latin America.

The implementation of 5G network infrastructure for media and entertainment, transportation and logistics, healthcare, and manufacturing, among other industry verticals, is projected to be prioritised by major market players in China, Japan, and South Korea. Furthermore, in response to the quickly growing demand for handsets with faster internet connections, a flurry of 5G-enabled smartphone manufacturers has sprung up around the region. These factors are driving the need for 5G testing equipment in the region.

Key Market Players

The major players in the market are Rohde & Schwarz GmbH & Co Kg, Anritsu Corporation, Macom Technology Solutions Holdings Inc, Artiza Networks Inc., Teradyne Inc., Viavi Solutions Inc., Keysight Technologies Inc., and Others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1,000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Media Contact

Company Name: Claight Corporation

Contact Person:- Irene Garcia, Business Consultant

Email: sales@expertmarketresearch.com

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Address: 30 North Gould Street, Sheridan, WY 82801, USA

Website: https://www.expertmarketresearch.com

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Explore more on Procurement Intelligence services of EMR Inc.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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