Lucintel's latest market report analyzed that 5G testing equipment provides attractive opportunities in the telecom equipment manufacturer, original device manufacturer (ODM), and telecom service provider sectors. The 5G testing equipment market is expected to reach $XX billion by 2028 with a CAGR of 8% to 10%. In this market, signal and spectrum analyzer is the largest segment by equipment, whereas telecom service provider is largest by end use industry.
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Based on equipment, the 5G testing equipment market is segmented into oscilloscopes, signal and spectrum analyzer, vector signal generators, network analyser, and others. The signal and spectrum analyzer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its fast and simple signal analysis and ability to capture and analyze phase-related information.
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The 5G Testing Equipment Market is marked by the presence of several big and small players. Some of the prominent players offering 5G testing equipment include Anritsu Corporation, Artiza Networks, AT&T, EMITE Ingenieria S.L, EXFO, Infosys, and Intertek Group PLCare.
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