[Research Report] The wireless testing market is expected to grow from US$ 11,616.2 million in 2021 and is projected to reach US$ 17,379.7 million by 2027. The Wireless testing market is expected to grow at a CAGR of 6.8% during the forecast period of 2021 to 2027.
The prime objective of wireless testing is to evaluate the safety and quality of products to assure consumers that a manufacturer has followed international and national regulations and industry standards that ensure product quality, environmental protection, and public health and safety. Moreover, wireless testing also assures consumers that products tested are harmless and safe to use and fulfill all performance standards. In order to ensure their quality, the wireless testing of products before their deployment is essential; therefore, the demand for wireless testing services has explicitly increased. Recent developments in wireless technologies such as 4Gand 5G and the adoption of advanced product production/manufacturing techniques are some of the main factors driving the growth of the wireless testing market. Increasing advancement in wireless technologies such as NFC (Near-Field Communications), Bluetooth, and Wi-Fi is propelling the wireless testing market's growth. Growing developments in technologies such as AI, IoT, etc., are expected to generate several wireless testing market opportunities during the forecast period.
The COVID-19 crisis is affecting the industries worldwide, and the global economy is anticipated to take the worst hit in the year 2020 and likely in 2021 also. The global electronic and semiconductor industry is one of the major industries suffering serious disruptions due to the coronavirus crisis. It is impacting the growth of the global wireless testing Market. The factory shutdowns, travel bans, trade bans, and border lockdowns to combat and contain the outbreak has impacted the wireless testing market. The COVID-19 outbreak on the global wireless testing market growth in various countries/regions is described below sections.
The global wireless testing market is segmented based on offering, technology, and application. Based on offering, the wireless testing market is segmented as equipment, services. Equipment type includes wireless device testing (oscilloscope, signal generators, spectrum analyzers, and network analyzers) and wireless network testing (network testers, network scanners, and OTA testers). Based on technology, the market is segmented as Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. Based on application, the market is segmented as consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, others (research, education, and government).
Lucrative Regions in Wireless Testing Market
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Wireless Testing Market Insights
Rising Demand for Cloud Computing and IoT Devices
Cloud technology has been tremendously adopted by all the verticals globally. The technology has brought a massive enhancement into the data storage in the cloud. Individuals and businesses find this technology relevant to their daily use, and the government is highly investing in cloud computing to implement it in all industries. For instance, in October 2020, The European Union stated that it would invest ~US$ 12.05 billion over the next seven years to build a cloud computing sector. A declaration has been signed by twenty-five European countries to drive cloud technology. Cloud computing has developed as a vital model that has attracted significant attention in various industries. The vendors are providing a cloud-based deployment model to mitigate the infrastructure cost for the clients. With the rising advancements in cloud computing, there is a substantial increase in mobile subscriptions.
Offering -Based Market Insights
Wireless testing equipment and services enhance and maintain the efficiency and speed of the numerous devices and network. Innovations in networking and communication—such as 4Gand 5G —incorporated with smart devices, drive wireless testing solutions in various industries. Thus, wireless testing plays an important role in the smooth functioning of the business operations. Based on offering, the market is segmented into equipment and services. Further, equipment is segmented into wireless devices testing and wireless network testing.
Wireless testing Market, by Offering – 2021 and 2027
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Technology -Based Market Insights
Based on technology, the market is segmented into Bluetooth, Wi-Fi, GPS, 2G/3G, 4G/LTE, and 5G. The bluetooth segment led the wireless testing market with a highest market share. Bluetooth allows connectivity for a broad range of electronic devices, such as mobile phones, computers, and medical devices. It reduces the cable connection between devices by connecting them over short distances, up to 100 m. Based on IEEE 802.15.1 Wireless Networking Standard, Bluetooth utilizes short-wavelength ultra-high frequency radio waves to exchange data between two devices.
Application -Based Market Insights
The wireless testing market based on the application, is segmented into consumer electronics, automotive, IT and telecommunication, energy and power, medical devices, aerospace and defense, industrial, and others. The IT and telecommunication segment led the wireless testing market with a highest market share of XX.X%.
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Wireless Testing Market: Strategic Insights
Market Size Value in US$ 11,616.2 Million in 2021 Market Size Value by US$ 17,379.7 Million by 2027 Growth rate CAGR of 6.8% from 2021-2027 Forecast Period 2021-2027 Base Year 2021
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Wireless Testing Market: Strategic Insights
Market Size Value in | US$ 11,616.2 Million in 2021 |
Market Size Value by | US$ 17,379.7 Million by 2027 |
Growth rate | CAGR of 6.8% from 2021-2027 |
Forecast Period | 2021-2027 |
Base Year | 2021 |
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Speak to AnalystPlayers operating in the wireless testing market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the Wireless testing market. A few developments by key players of the wireless testing market are:
In April 2020, Sigfox approved for SGS's laboratory in San Diego, California, in the USA to become an accredited provider of Sigfox testing services.
In March 2020, Keysight Technologies, declared that DEKRA has selected Keysight's end-to-end test solutions to certify 5G new radio (NR) and vehicle-to-everything (V2X) devices, in compliance with a wide range of requirements, to enhances safety in human interaction with technology, including vehicles.
Wireless Testing Market – by Offering
- Equipment
- Wireless Device Testing
- Wireless Network Testing
- Services
Wireless Testing Market – by Technology
- Bluetooth
- Wi-Fi
- GPS
- 2G/3G
- 4G/LTE
- 5G
Wireless Testing Market – by Application
- Consumer Electronics
- Automotive
- IT and Telecommunication
- Energy and Power
- Medical Devices
- Aerospace and Defense
- Industrial
- Others
Wireless Testing Market – by Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Spain
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- Japan
- Australia
- South Korea
- Rest of APAC
MEA
- Saudi Arabia
- UAE
- South Africa
- Rest of MEA
SAM
- Brazil
- Argentina
- Rest of SAM
Wireless Testing Market – Company Profiles
- Anritsu
- Bureau Veritas
- Dekra Certification B.V
- EXFO
- Intertek Group Plc
- Key Technologies
- Rohde & Schwarz GmbH & Co
- SGS SA
- TUV Rheinland
- Viavi Solutions Inc
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Offering , Technology , and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America led the wireless testing market in 2019. In the past few years, there have been developments in wireless technologies for communicating data, voice, and video. The advent of the Internet of Things (IoT) and machine-to-machine communication has driven the demand for wireless testing in North America.
Smartphones and smart devices are integrated with numerous components, which might create issues. Thus, products require to be tested several times by using diverse wireless test equipment for each component. Thus, rising smartphone and smart device penetration stimulates the growth of wireless testing solutions to ensure seamless functioning and safety.
The Bluetooth is the leading technology in the market. Bluetooth device manufacturers witness the rise in production volumes resulting in a decrease in cost of the devices. Significant factors, such as low prices, high volumes, and fast time-to-market, generate the need for affordable and efficient solutions to test the quality and compliance of Bluetooth technology.
The List of Companies - Wireless Testing Market
- Anritsu
- Bureau Veritas
- Dekra Certification B.V
- EXFO
- Intertek Group Plc
- Key Technologies
- Rohde & Schwarz GmbH & Co
- SGS SA
- TUV Rheinland
- Viavi Solutions Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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