The global wireless testing market is expected to be worth 14 billion USD in 2023. It is expected to grow at a CAGR of 9.40% during the forecast period and reach a value of 21.94 billion USD by 2028.
Wireless testing's primary aim is to assess product safety and quality to reassure consumers that a manufacturer has adhered to international and national rules and industry standards that safeguard product quality, environmental protection, and public health and safety. Furthermore, wireless testing ensures that the items being tested are both harmless and safe to use, as well as meeting all performance standards. Wireless testing of products before deployment is necessary to assure their quality; as a result, the need for wireless testing services has risen significantly.
Numerous devices are connected to the internet than people nowadays, and this figure is anticipated to grow in the coming years. Furthermore, the increased usage of smart and wireless devices has come with concerns, as many of them contain security flaws that hackers can exploit, while others may pose health and environmental risks.
Organizations devote a significant amount of effort and money to network resources to keep networks operational at all times and supply goods and services at a faster rate. Wireless network testing has become the most cost-effective method of analyzing the entire network system that manages bandwidth to fulfill the needs of corporate applications at increasing speeds.
Global Wireless Testing Market Drivers:
Globally, cloud technology has been widely used by all verticals. The advancement of technology has resulted in a significant improvement in cloud data storage. Individuals and organizations find cloud computing to be useful in their daily lives, and the government is heavily investing in cloud computing to apply it across all industries. Cloud computing has emerged as a critical model that has sparked tremendous interest across a wide range of businesses. The suppliers offer a cloud-based deployment option to help clients save money on infrastructure. The rise of cloud computing has resulted in significant growth in mobile subscriptions.
Global Wireless Testing Market Restraints:
A lack of skilled labor and high operational costs are the only restraining factors for the global wireless testing market.
Impact of COVID-19 on the wireless testing market:
COVID-19 has a significant impact on consumers as well as the economy. To contain the COVID-19 spread, certain sectors temporarily worked at a low level of efficiency. This has had a significant impact on the market's supply chain, resulting in shortages of materials, components, and completed items. Lack of company continuity has had a substantial negative impact on shareholder returns and revenue, which is projected to cause market disruptions.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
CAGR |
8.8% |
Segments Covered |
By Offering, Technology, Application, & Region |
Various Analyses Covered |
Global, Regional, and Country Level Analysis; Segment-Level Analysis, DROC; PESTLE Analysis; Porter’s Five Forces Analysis; Competitive Landscape; Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This research report on the global wireless testing market has been segmented and sub-segmented into the following categories.
Wireless Testing Market - By Offering:
There are two sorts of wireless testing services available: in-house and outsourced. Wireless testing services are largely used to assess product quality and safety to convince consumers that a manufacturer has followed national and international rules and industry standards to ensure product quality, environmental protection, and public health and safety. They also verify that the items they test are safe to use, long-lasting, and meet all performance requirements. The need for wireless testing services has exploded since it is necessary to test items before they are deployed to ensure their quality.
Wireless Testing Market - By Technology:
The market is segmented into Bluetooth, WLAN, GPS, GNSS, 2G/3G/5G, and Wi-Fi technologies.
With the largest market share, the Bluetooth category dominated the wireless testing industry. Bluetooth allows a wide range of electronic devices, including phones, computers, and medical devices, to communicate with one another. It connects devices over short distances of up to 100 meters, reducing wire connections between them. Bluetooth uses short-wavelength ultra-high-frequency radio waves to communicate data between two devices, according to the IEEE 802.15.1 Wireless Networking Standard.
The main purpose of Wi-Fi testing is to determine the transmitting power or the sensitivity of receivers. Data and voice transfer are both possible with 2G. Improved data transfer rates and voice-carrying capability are available with 3G. 5G is predicted to result in a considerable increase in data transfer, as well as an increase in the number of network-related concerns for end-users. Because 5G communication has enhanced properties, 5G mobile networks are predicted to be the next communications standards.
Wireless Testing Market - By Application:
The market is segmented into Consumer Electronics, Automotive, IT and telecommunication, Medical Devices, and Aerospace and defense. Consumer electronics will be the fastest-growing application in the wireless testing market throughout the forecast period. Wireless testing is crucial in the consumer electronics industry. Furthermore, every consumer electronic product must be rigorously examined for operation, safety, and performance before commercialization. Testing services providers evaluate various wireless technologies that are used in consumer devices, such as Bluetooth, cellular, near-field communication (NFC), and Wi-Fi. Laptops, tablets, smartphones, and wearables are elements of consumer electronics.
Wireless Testing Market - By Region:
Between 2021 and 2026, APAC will have the fastest market growth in wireless testing. The expansion of the market in APAC is primarily driven by the region's growing smartphone market. In terms of the adoption of new technologies across many industries, APAC is undergoing rapid development. The Internet of Things (IoT) and machine-to-machine (M2M) are projected to benefit greatly from 5G technology. Due to increased spending by mobile operators and a fast-rising mobile user base, China, Japan, and India are emerging as high-growth countries in the wireless testing industry. The implementation of 4G/LTE networks in Japan has increased the demand for wireless network testing.
Europe holds the largest market share of the global wireless testing industry, primarily owing to the presence of the leading players in the region. The development of 5G, WiFi, and Wireless Technology is the fastest in Europe. Hence, wireless testing has become a necessity in the continent. Since the integration of IoT in automobiles and consumer goods is in the advanced stages, it is boosting the wireless testing market in the continent. The countries in Western Europe have a larger consumer base than Eastern Europe because of advanced infrastructural development and higher per capita income.
The US market in the North American region is estimated to be worth $2.9 million. Canada is the second-fastest-growing market, with a CAGR of 5%. The Middle East is the most promising market in the LAMEA region, followed by Brazil and Argentina in South America. The African countries are still in the nascent stage of deploying 5G and Wireless technology and, hence, are far behind in the global wireless testing market.
KEY MARKET PLAYERS:
Bureau Veritas (France), Intertek (UK), Anritsu (Japan), DEKRA (Germany), Rohde & Schwarz (Germany), Viavi Solutions (US), BluFlux (US), EXFO (Canada), Gemalto (Netherlands), Eurofins Scientific (Luxembourg)
LEADING COMPANY:
SGS is the largest company in the global wireless testing market.
RECENT HAPPENINGS IN THE MARKET:
Frequently Asked Questions
Wireless testing ensures that the items being tested are both harmless and safe to use, as well as meeting all performance standards.
The global wireless testing market will be worth 14 billion USD in 2023. It is expected to grow at a CAGR of 9.40% during the forecast period and reach a value of 21.94 billion USD by 2028.
SGS is the largest company in the global wireless testing market.
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