5G Testing Equipment Market Set to Increase

According to Technavio, the global 5G testing equipment market is estimated to grow by USD 605.76 million from 2024 to 2028. Estimating a CAGR growth of almost 8.43% during the forecast period.

This growth is due to the widespread deployment of 5G technology and the escalating demand for high-speed, low-latency connectivity. 5G testing equipment is imperative for guaranteeing the efficient and effective operation of 5G device infrastructure. 

Due to the increasing number of connected devices—from IoT sensors to large data centers, automobiles, entertainment systems, healthcare equipment, and security systems—the need for reliable and user-oriented 5G networks is becoming more important than ever.

The 5G testing market is impacted by challenges such as the digital divide, facilities and services, and the need for secure wireless connections. The market growth is expected to be significant as 5G becomes more widespread for smart city purposes, digitalization, and mobile communications. Data traffic, enterprises, and consumer electronic devices are significant end-users of 5G testing equipment.