Global 5G Tester market will reach 1254.1 M USD by the end of 2024

Publisher: QYResearch
Published Date: 2019/10/23

The global revenue of 5G Tester market was valued at 548.4 M USD in 2018 and is expected to reach USD 1254.1 M USD in 2024. In the future six years, we predict the CAGR of global revenue is 14.78%. For sustaining in the global market, the establishment of 5G network connections with successful tests is becoming one of the important factors for telecommunication service providers, and this factor is boosting the 5G tester market significantly. The need for using 5G testers is increasing as testing is an irreplaceable part of the network establishment, which is boosting the demand for 5G testers.

Asia-Pacific has the largest global export quantity and manufacturers in 5G Tester market, while the North America is the second sales volume market for 5G Tester in 2018. Some of the developed countries, such as the U.S., UK, Japan and others, are highly focused on the commercialization of 5G networks. Moreover, the presence of leading telecom service providers in these countries is high, which makes them the early adopters of new technologies such as 5G. Hence, the demand for 5G testers is increasing significantly for conducting experiments for the successful implementation of 5G networks, which is fueling the growth of the 5G tester market in these regions.

In the industry, Anritsu profits most in 2018 and recent years, while Keysight Technologies and Rohde & Schwarz ranked 2 and 3.The market share of them is 28.34%, 21.23% and 18.86% in 2018.The gap of market share is keep on enlarged due to different strategy.

Nowadays, there are four mainly types of 5G Tester, including Network Analysers, Signal Analysers, Signal Generators and Others. And Network Analysers is the main type for 5G Tester, and the Network Analysers reached a sales value of approximately 253.9 M USD in 2018, with 46.31% of global sales value.

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