5G Testing Equipment Market Size & Share, By Equipment (Signal & Spectrum Analyzers, Network Analyzers), Revenue Source (New, Rental), End-use - Growth Trends, Regional Insights (U.S., Japan, South Korea, UK, Germany), Competitive Positioning, Global Forecast Report 2025-2034

Market Outlook:

5G Testing Equipment Market size is set to increase from USD 2.58 billion in 2024 to USD 4.98 billion by 2034, with a projected CAGR exceeding 6.8% from 2025 to 2034. The industry revenue for 2025 is anticipated to hit USD 2.74 billion.

• Base Year Value (2024): USD 2.58 billion
• CAGR (2025-2034): 6.8%
• Forecast Year Value (2034): USD 4.98 billion
• Historical Data Period: 2021-2034
• Largest Region: North America
• Forecast Period: 2025-2034

Market Dynamics:

Growth Drivers & Opportunities

The 5G testing equipment market is being significantly propelled by the increasing demand for high-speed internet connectivity and the rapid expansion of the Internet of Things (IoT). As businesses and consumers alike seek faster, more reliable communication infrastructures, governments and telecommunications companies are investing heavily in 5G technologies. This demand for enhanced network performance is prompting manufacturers of testing equipment to innovate and develop advanced solutions tailored for 5G networks.

Moreover, the surge in mobile data consumption is a critical driver of market growth. With the proliferation of smart devices and applications requiring high bandwidth, such as streaming services, gaming, and augmented reality, there is a pressing need for robust testing equipment that can ensure optimal network performance. Additionally, the deployment of smart cities and connected transportation systems adds further layers to the requirement for comprehensive testing solutions, offering significant opportunities for market players.

Another key opportunity lies in the advent of new technologies, including millimeter-wave technology, which is essential for the deployment of 5G services. Companies that can provide testing solutions that effectively address the unique challenges posed by these technologies will be well-positioned to capture market share. Additionally, as more industries recognize the potential of 5G, from healthcare to manufacturing, the demand for specialized testing equipment geared towards these sectors is also expected to rise, creating a diverse range of opportunities for growth.

Report Scope

Report Coverage	Details
Segments Covered	Equipment, Revenue Source, End-Use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Anritsu, Artiza Networks, EXFO, Ceragon, Intertek Group Plc, Keysight Technologies, MACOM, Rohde & Schwarz, Teradyne, VIAVI Solutions

Industry Restraints:

Despite the promising prospects in the 5G testing equipment market, several restraints could impede its growth. One prominent challenge is the high cost associated with 5G testing equipment development and deployment. The advanced technology and precision required to ensure compliance with 5G standards necessitate significant investment, which can be a barrier for smaller companies hoping to enter the market.

Another restraint is the complexity of 5G networks, which may hamper the speed at which testing solutions can be developed and adopted. The intricate nature of testing the different layers of 5G, including network slicing, edge computing, and massive MIMO systems, presents a steep learning curve for manufacturers and service providers. Moreover, the evolving regulatory landscape can create uncertainties that may slow down the adoption of new technologies and equipment.

Additionally, competition from alternative technologies, such as Wi-Fi 6 and future iterations of it, could pose a threat to the widespread adoption of 5G. As businesses weigh the cost-effectiveness of upgrading to 5G against other viable solutions, the market may face challenges in achieving its full potential. This landscape highlights the importance of ongoing innovation and strategic positioning for companies involved in the 5G testing equipment market.

Regional Forecast:

North America

The North American 5G testing equipment market is anticipated to experience significant growth, driven primarily by advancements in telecommunications infrastructure and increased investments in 5G technology. The United States is expected to be the largest market within this region, where major telecommunications companies are rapidly deploying 5G networks to enhance connectivity. Canada is also emerging as an important player, with government initiatives and telecommunications partnerships supporting the advancement of 5G testing solutions. The presence of major technology firms and research institutions further reinforces the market potential in North America.

Asia Pacific

The Asia Pacific region is poised to exhibit some of the fastest growth in the 5G testing equipment market, particularly in countries like China, Japan, and South Korea. China remains at the forefront of 5G deployment, fueled by substantial government support and an aggressive rollout strategy for telecommunications infrastructure. Japan and South Korea are also leading in 5G adoption, with numerous pilot projects and commercial deployments enhancing the demand for testing equipment. The growing consumer demand for high-speed internet services and smart devices across the region is a key driver of this market, indicating robust growth prospects in Asia Pacific.

Europe

In Europe, the 5G testing equipment market is marked by a strong focus on innovation and regulatory support for telecommunications advancements. Germany is expected to be one of the largest markets in this region due to its strong industrial base and emphasis on technological integration. The United Kingdom and France are also notable players, as both countries are investing heavily in 5G infrastructure to support a connected economy. Europe's commitment to establishing efficient digital services, alongside a competitive telecommunications landscape, is anticipated to foster significant growth in the 5G testing equipment market throughout the region.

Segmentation Analysis:

In terms of segmentation, the global 5G Testing Equipment market is analyzed on the basis of Equipment, Revenue Source, End-Use.

5G Testing Equipment Market Analysis

Equipment Segment

The 5G testing equipment market is primarily segmented into various types of equipment utilized for effective network performance evaluation. Key categories within this segment include network analyzers, signal generators, spectrum analyzers, and channel emulators. Among these, network analyzers are anticipated to exhibit the largest market size due to their critical role in assessing network performance and ensuring the reliability of 5G connections. Furthermore, spectrum analyzers are expected to witness rapid growth as the demand for efficient spectrum management increases, particularly with the deployment of millimeter-wave technology. The diversification of equipment to cater to specialized testing capabilities will also drive innovation and demand within this segment.

Revenue Source Segment

When analyzing the revenue source, the market can be divided into product sales, service contracts, and training and support. Product sales constitute a significant portion of the market, primarily driven by the need for advanced testing equipment as telecommunications companies upgrade their infrastructure to accommodate 5G technologies. Service contracts are also forecasted to grow rapidly, as ongoing maintenance and support for 5G networks become increasingly essential. Providers are expected to offer comprehensive packages that ensure optimal performance and compliance, which will encourage long-term relationships with customers. The training and support revenue stream, though smaller, will see growth as companies need skilled personnel to operate sophisticated testing tools.

End-Use Segment

The end-use segment encompasses various industries, including telecommunications, automotive, healthcare, and consumer electronics. Telecommunications stands out as the largest market due to the substantial investments from mobile network operators in 5G infrastructure and the necessity for rigorous testing to ensure quality and reliability. However, the automotive sector is anticipated to exhibit the fastest growth, driven by the increasing integration of 5G technologies in connected and autonomous vehicles. Healthcare applications, particularly telemedicine and remote monitoring systems, are also expected to rise significantly, highlighting the diverse range of use cases and the critical role that 5G testing plays in supporting these advancements. Overall, the end-use segment reflects the vast potential for 5G technology across multiple industries, fostering innovation and development.

Competitive Landscape:

The competitive landscape of the 5G Testing Equipment Market is characterized by intense rivalry among several key players aiming to capitalize on the growing demand for 5G network deployment and performance analysis. Companies are focusing on innovation and technological advancements to offer state-of-the-art testing solutions that ensure compliance with 5G standards and enhance network reliability. Furthermore, strategic collaborations and partnerships are prevalent as firms seek to broaden their product offerings and expand their market presence. The market is also witnessing an increase in mergers and acquisitions, enabling companies to leverage complementary technologies and strengthen their competitive positions. With ongoing investments in research and development, the landscape continues to evolve rapidly, driven by the surge in 5G adoption across various industries.

Top Market Players

1. Keysight Technologies

2. Anritsu Corporation

3. NI (National Instruments)

4. Rohde & Schwarz

5. Spirent Communications

6. VIAVI Solutions

7. Nokia

8. Ericsson

9. CommScope

10. Teledyne LeCroy