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Wireless Testing Trends and Forecast
The future of the global wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets. The global wireless testing market is expected to reach an estimated $23.0 billion by 2030 with a CAGR of 8.5% from 2024 to 2030. The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Wireless Testing by Segment
The study includes a forecast for the global wireless testing by offering, technology, application, and region.
Wireless Testing Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Equipment
• Services
Wireless Testing Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• Wi-Fi
• Bluetooth
• 2G/3G
• 4G/Lte
• 5G
• Others
Wireless Testing Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Consumer Electronics
• Automotive
• IT and Telecommunications
• Energy and Power
• Medical Devices
• Aerospace and Defense
• Industrial
• Others
Wireless Testing Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Wireless Testing Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies wireless testing companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the wireless testing companies profiled in this report include-
• Anritsu Corporation
• Bureau Veritas
• Eurofins Scientific
• Intertek Group
• Keysight Technologies
• Rohde & Schwarz
• Thales Group
Wireless Testing Market Insights
Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.
Within this market, consumer electronics will witness the highest growth over the forecast period due to growing demand for wearables and smart electronic gadgets and rising awareness about futness and health consumers prefer smart fitness bands.
APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.
Features of the Global Wireless Testing Market
Market Size Estimates: Wireless testing market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Wireless testing market size by offering, technology, application, and region in terms of value ($B).
Regional Analysis: Wireless testing market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offerings, technologies, applications, and regions for the wireless testing market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the wireless testing market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the wireless testing market size?
Answer: The global wireless testing market is expected to reach an estimated $23.0 billion by 2030.
Q.2 What is the growth forecast for wireless testing market?
Answer: The global wireless testing market is expected to grow with a CAGR of 8.5% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the wireless testing market?
Answer: The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.
Q4. What are the major segments for wireless testing market?
Answer: The future of the wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets.
Q5. Who are the key wireless testing market companies?
Answer: Some of the key wireless testing companies are as follows:
• Anritsu Corporation
• Bureau Veritas
• Eurofins Scientific
• Intertek Group
• Keysight Technologies
• Rohde & Schwarz
• Thales Group
Q6. Which wireless testing market segment will be the largest in future?
Answer: Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.
Q7. In wireless testing market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the wireless testing market by offering (equipment and services), technology (Wi-FI, bluetooth, 2G/3G, 4G/LTE, 5G, and others), application (consumer electronics, automotive, IT and telecommunications, energy and power, medical devices, aerospace and defense, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Wireless Testing Market, Wireless Testing Market Size, Wireless Testing Market Growth, Wireless Testing Market Analysis, Wireless Testing Market Report, Wireless Testing Market Share, Wireless Testing Market Trends, Wireless Testing Market Forecast, Wireless Testing Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Wireless Testing Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Wireless Testing Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Wireless Testing Market by Offering
3.3.1: Equipment
3.3.2: Services
3.4: Global Wireless Testing Market by Technology
3.4.1: Wi-Fi
3.4.2: Bluetooth
3.4.3: 2G/3G
3.4.4: 4G/LTE
3.4.5: 5G
3.4.6: Others
3.5: Global Wireless Testing Market by Application
3.5.1: Consumer Electronics
3.5.2: Automotive
3.5.3: IT and Telecommunications
3.5.4: Energy and Power
3.5.5: Medical Devices
3.5.6: Aerospace and Defense
3.5.7: Industrial
3.5.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Wireless Testing Market by Region
4.2: North American Wireless Testing Market
4.2.2: North American Wireless Testing Market by Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, and Others
4.3: European Wireless Testing Market
4.3.1: European Wireless Testing Market by Offering: Equipment and Services
4.3.2: European Wireless Testing Market by Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, and Others
4.4: APAC Wireless Testing Market
4.4.1: APAC Wireless Testing Market by Offering: Equipment and Services
4.4.2: APAC Wireless Testing Market by Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, and Others
4.5: ROW Wireless Testing Market
4.5.1: ROW Wireless Testing Market by Offering: Equipment and Services
4.5.2: ROW Wireless Testing Market by Application: Consumer Electronics, Automotive, IT and Telecommunication, Energy and Power, Medical Devices, Aerospace and Defense, Industrial, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Wireless Testing Market by Offering
6.1.2: Growth Opportunities for the Global Wireless Testing Market by Technology
6.1.3: Growth Opportunities for the Global Wireless Testing Market by Application
6.1.4: Growth Opportunities for the Global Wireless Testing Market by Region
6.2: Emerging Trends in the Global Wireless Testing Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Wireless Testing Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Wireless Testing Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Anritsu Corporation
7.2: Bureau Veritas
7.3: Eurofins Scientific
7.4: Intertek Group
7.5: Keysight Technologies
7.6: Rohde & Schwarz
7.7: Thales Group
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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