Lucintel Forecasts Global Wireless Testing Market to Reach $23.0 billion by 2030.


Posted October 13, 2023 by Lucintel

According to a market report by Lucintel, the future of the global wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power

 
According to a market report by Lucintel, the future of the global wireless testing market looks promising with opportunities in the consumer electronic, automotive, IT & telecommunication, energy & power, medical device, aerospace & defense, and industrial markets. The global wireless testing market is expected to reach an estimated $23.0 billion by 2030 with a CAGR of 8.5% from 2024 to 2030.
The major drivers for this market are growing occurrences of cyber threats and deceptive activities, rising penetration rate of smart electronic appliances in the developing and underdeveloped regions, as well as, increasing investments in research and development (R&D) efforts aimed at conducting pre-conformance assessments and enhancing the efficiency of cellular and deployed networks.

A more than 150 – page report is developed to understand trends, opportunity and forecast in wireless testing marketto 2030 by offering (equipment and services), technology (Wi-FI, bluetooth, 2G/3G, 4G/LTE, 5G, and others), application (consumer electronics, automotive, IT and telecommunications, energy and power, medical devices, aerospace and defense, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, equipment and services are the major segments of wireless testing market by offering. Lucintel forecasts that services will remain the larger segment over the forecast period because OF surging demand for internet peneration, along with growing adoption of digital services that led to an exponential rise in the volume sensitive data generation.

Within this market, consumer electronics will witness the highest growth over the forecast period due to growing demand for wearables and smart electronic gadgets and rising awareness about futness and health consumers prefer smart fitness bands.

APAC will remain the fastest growing region over the forecast period due to rising demand for mobile broadband, existence of large number of telecom customers, growing use of internet of things (IoT) devices, as well as, adoption of new technologies across various industries in this region.

Anritsu Corporation, Bureau Veritas, Eurofins Scientific, Intertek Group, Keysight Technologies, Rohde & Schwarz, and Thales Group are the major suppliers in the wireless testing market.


This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags wireless testing market
Last Updated October 13, 2023