Rise in demand for consumer electronics is driving the global wireless testing market
To ensure flawless operation and safety, all consumer gadgets must be inspected. Additionally, testing is carried out, typically prior to launch, to look for performance issues. A variety of wireless technologies, including NFC (Near-Field Communications), Wi-Fi, and Bluetooth, are tested as part of these. Additionally, testing would be varied due to the huge variety of these technologies, which span from desktops and tablets to smartphones and wearables. Consumer electronics (CE) is a multibillion-dollar sector that has been continually advancing and evolving with technology as well as adding new product lines in response to shifting consumer lifestyles. There are constantly new competitors joining the market since it is so competitive, especially from China, which is a major hub for global production. Even with the sporadic shutdown of physical retailers globally due to the pandemic (COVID-19), which slowed growth in various industries, the consumer electronics market remained robust. People are spending a lot more time at home, which has led to an increase in demand for smart appliances and devices that may provide more comfort and security.
Increase in the Need for Interlinked Vehicles to Fuel Market Growth
Owing to the increased demand for cutting-edge electrical systems in luxury automobiles and sport utility vehicles (SUVs), the demand for wireless testing in the automotive sector has increased. Automotive manufacturers use sophisticated electronic devices like radars, cameras, and LIDAR for testing wireless technology used in automobiles. The key benefit of embedded wireless technology in autos is mobile connectivity. A range of wireless gadgets used in the automotive industry are also tested via OTA.
Introduction and Enhancement of 5G Network and Services
An increase in connected devices has created a demand for high-speed internet connection, particularly in technologically advanced organizations. With 3G becoming obsolete and 4G quickly expanding its prospects across various applications, extensive efforts are being conducted on a broad scale to develop 5G technology. For instance, many leading network providers, such as AT&T, Sprint, and T-Mobile, among others, claim that the 5G network infrastructures should be able to give a connection of roughly 1 Gbps. The goal of 5G wireless technology is to provide more users with faster multi-Gbps peak data rates, extremely low latency, enhanced reliability, vast network capacity, and a more consistent user experience. New user experiences are enabled by increased performance and efficiency, which also connects new industries.
Rising deployment of integrated instruments to drive the demand for wireless device testing globally
The factors that are anticipated to propel the growth of the oscilloscope market include increasing manufacturer competition and rising need for solutions that are future-proof. The wireless device testing market is likely to experience connectivity and convergence trends, such as the creation of cutting-edge network technologies and developments in artificial intelligence, social media trends, such as new developments in networking and digital marketing, and smart trends, such as the fusion of internet technologies and smart products based on intelligent sensing technology for quick communication and increased productivity. The demand for wireless device testing is rising globally owing to factors such as the expanding usage of artificial intelligence in electronic devices, the deployment of integrated instruments with high bandwidth, and improved user interfaces.
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Recent Development
In March 2020 - Keysight Technologies launched the Keysight N9021B MXA X-Series Signal Analyzer that provides design validation and manufacturing engineers, along with superior phase noise performance at comparatively higher frequencies. The solution also includes software that has the ability to improve workflows while meeting 3GPP 5G new radio (NR) compliance standards.
Keysight Technologies bought PRISMA Telecom Testing in June 2019. The business intended to provide a wide range of cutting-edge 5G solutions for advanced communications with this acquisition.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2023 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023-2028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Offerings · Technology · Application |
| Regional scope | North America, Asia-Pacific, Europe, South America, Middle East |
| Country scope | United States, Canada, Mexico, China, Indian, Japan, South Korea, Australia, Singapore, Malaysia, Germany, United Kingdom, France, Italy, Spain, Poland, Colombia, Brazil, Argentina, Peru, Chile, Saudi Arabia, South Africa, UAE, Iraq, Turkey |
| Key companies profiled | SGS Group, Anritsu Corporation, Bureau Veritas, DEKRA SE, Rohde & Schwarz GmbH & Co., Anritsu Corporation, Electro Magnetic Test, Inc. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
