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  • What are the Emerging Growth Hubs in the Global Wireless Network Test Equipment Sector?
    Future growth potential encouraged by rapid 5G deployments, network virtualization, private 5G networks, and overhaul of network architecture

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    The global wireless network test equipment market will experience an approximate 10.9% compound annual growth rate (CAGR) from 2021 to 2026. The market includes equipment and solutions that are used to test and validate the integrity of cellular wireless networks (signals) based on various parameters such as network availability, connectivity, and utilization. The equipment uses radio waves for transmitting signals. This report covers test equipment used in benchmarking, monitoring, field trials, acceptance, optimization, and troubleshooting applications.

    Wireless networks considered in this study include licensed spectrum such as 2G, 3G, 4G, and 5G. The scope of the study excludes private wireless networks such as Wi-Fi and Bluetooth.

    The main objective of the study is to identify the key growth opportunities prevailing in the market and what factors will boost or restrain market growth. In particular, market analyses are based on test type and geography during the forecast period 2022 to 2026. With 2021 as the base year, the research provides estimates of the market size and future growth prospects. For this purpose, a specific methodology is followed that includes discussion with senior management of wireless network test equipment manufacturers/solution providers that is supported by secondary research.

    The wireless network test equipment market generated $4,717.9 million in 2021, with a base year growth rate of 7.9%. Regionally, North America leads with a CAGR of 10.3% between 2021 and 2026; APAC comes in as the fastest-growing region with a CAGR of 13.0%. Passive monitoring will remain the dominant segment throughout the forecast period, witnessing a CAGR of about 11.3%. Drive test equipment will be the fastest-growing segment, increasing at a CAGR of about 19.1% between 2021 and 2026.

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