Nearly 75 thousand 5G testers were sold in 2018. According to a recent intelligence report presented by Future Market Insights, the sales volume of 5G tester will thrive impressively at around 14% in 2019. The report further estimates the 5G tester market valuation to exceed US$ 629 million in 2019, witnessing a bullish 14.6% increase over the value attained in 2018.
Smartphone penetration is increasing mobile data traffic, and this factor is creating the need for more efficient and enhanced versions of spectral efficiency. Post 2G, 3G and 4G; 5G network connectivity is expected to register its unique position owing to its high speed.
The increasing demand for more advanced network connectivity between smart connected devices, such as autonomous driving, smart home devices, healthcare devices and others, is creating new application areas for 5G technology.
The implementation of 5G networks requires 5G testers for conducting the required network activities. These changing customer and industrial expectations are boosting the demand for 5G tester devices and ultimately driving the 5G tester market.
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Companies such as Verizon, AT&T, and others, are rapidly switching to 5G networks, which continues to raise demand for 5G testers. Network analyzers and signal analyzers remain the most sought after types of 5G testers in market, as indicated by the report. Network analyzers alone account for over 45% share in the 5G tester sales volume, whereas signal generators will witness healthy growth in sales in the years to come. Oscilloscopes have been positioned as highly lucrative in 5G tester market.
Rapid Upsurge in 5G Trials to Propel 5G Tester Sales
The number of trials for effective 5G implementation has been on a constant rise in the recent past, particularly in the US, South Korea, Japan, the UK, and a few other countries. The report cites 5G trials as the key booster to demand growth of 5G tester in the global market. Developed regional markets will however showcase greater potential for 5G tester market growth owing to high capital investment associated with adoption of 5G testers. Vodafone UK has already announced to have completed the 5G spectrum test trials across their existing network.
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5G Tester Manufacturers Facing a Host of Challenges
FMI’s report has profiled some of the most prominent players operating in 5G tester market, including Keysight Technologies, Anritsu, VIAVI Solutions Inc., Spirent Communications, LitePoint, and Rohde & Schwarz among others. In tandem with 5G introduction, manufacturers of 5G tester are eyeing the emerging opportunities to develop end use-specific equipment.
5G technology implementation is in sight over the next few years. However, telecom industry veterans opine that the 5G technology evolution will bring along a set of accompanying challenges related to measurement and test in terms of design, validation, and manufacturing. This according to the report will be the key demand determinant for 5G tester.
Moreover, the focus of 5G technology developers on mmWave for mobile access is most likely to introduce a new set of testing challenges in the market, which prompts at growing necessitation of a new testing infrastructure in the near future. This will extend strong support to the growth of 5G tester market, according to FMI’s analysis.
With several network operators rolling out implementation of early 5G trials for their networks, the industry behemoth Rohde & Schwarz has launched the first-ever commercially available effective solution to network measurement – 5G NR (New Radio).
Key SegmentOn the basis of product type
- network analysers
- signal analysers
- signal generators
- oscilloscope
On the basis of end-user
- network equipment manufacturers
- mobile device manufacturers
- telecommunication service provider
On the basis of industry
- IT & telecommunication
- automotive
- healthcare
- media & entertainment
- others
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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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