Global 5G Testing Devices Market Overview:
5G testing devices are the equipment used in the network testing process which ensures the quality of hardware and software of the handheld device. The testing device spans the entire development lifestyle, integration, testing, deployment repair, and optimization of the 5G connectivity. This solution includes the range of test domains used for device development and verification. The various types of 5G testing devices include oscilloscopes, wireless network emulators, signal generators, HEV/grid emulators, and others.
Growth Drivers
- Demand for Flexibility in Supporting the 5G Connectivity Services
- Need for Higher Data Rates, Lower Latency, and Greater Capacity in Connectivity
- Increasing 5G Technology Integration in Various Industries
Market Trends
- Continuous Research and Innovation in the Network Slicing and Internet of Things
Roadblocks
- High Safety and Security Related Risk with 5G Technology will Hinder the 5G Testing Devices Market
Opportunities
- Rising Government Spendings on Network Connectivity Advancements in Every Industry will Boost the 5G Testing Devices
Challenges
- High-Cost Investment on the 5G Testing Devices
Competitive Landscape:
Some of the key players profiled in the report are Keysight Technologies (United States), Rohde & Schwarz GmbH & Co KG (Germany), Fluke Corporation (United States), Qualcomm (United States), Intertek Group plc (United Kingdom), Anritsu (Japan), Tektronix, Inc. (United States), Viavi Solutions (United States), DEKRA (Germany) and Spirent Communications (United Kingdom). Considering Market by End Use Industry, the sub-segment i.e. Consumer will boost the 5G Testing Devices market.
Latest Market Insights:
On 12th March 2020, DEKRA launched advanced 5G testing and certification solutions in three continents. 5G networks are the next generation of mobile internet connectivity, offering faster speeds and more reliable connections.
On 26th November 2019, Qualcomm Technologies and Siemens set up the first 5G private standalone network in an industrial environment using the 3.7-3.8GHz band. Siemens & Qualcomm Technologies driving future of industrial manufacturing using 5G, Joint proof-of-concept in a real industrial environment, and Testing solutions for 5G release.
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be provided prior to purchase
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global 5G Testing Devices market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in 5G Testing Devices market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes 5G Testing Devices Manufacturers, 5G Testing Devices International Traders, 5G Testing Devices Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.