Global Mobile Network Drive Test Equipment Market Size to Grow At 15% CAGR From 2023 to 2030

Global Mobile Network Drive Test Equipment Market Size (2023 - 2030)

As per our research report, the global Mobile Network Drive Test Equipment market size is estimated to be growing at a CAGR of 15% from 2023 to 2030.

A device that sends radio waves to test communications based on several criteria, such as network connection, utilization, and availability, is referred to as "wireless network test equipment". Utilizing wireless network testing equipment allows for the maintenance and improvement of the network's effectiveness and speed. Smart devices and advancements in networking and communication technologies, such as 4G and 5G, influence how frequently these wireless networks are utilized by organizations. Therefore, wireless network test equipment is crucial for operations to go without a hitch. The cheapest option to examine the complete network infrastructure and provide bandwidth control to support commercial applications at faster speeds is using wireless network test equipment. To supply goods and services more quickly, businesses invest a lot of effort and money in maintaining networks.

A higher CAGR is foreseen for the market for 5G networks throughout the course of the forecast period. The infrastructure of the 5G network is currently being developed. The technology is expected to bring about new, unique network and service possibilities. It would provide user experience continuity in challenging situations, such as highly mobile surroundings and heavily populated areas. Leading network operators and 5G chipset manufacturers claim that the 5G infrastructure will help supply connections at 1 Gbps. Real-time service delivery, a fast data transfer rate, and a high device connection density are predicted benefits of the 5G network. A network with extraordinarily low latency would be supplied by this connectivity technology, driving the new, massive broadband applications.

The projection takes into account the COVID-19 pandemic's consequences, although the situation is still highly erratic and its implications for the global economy are constantly changing. The pandemic did not significantly hold down the rollout of 5G since the test and measurement community is still utilizing the requirement for extensive testing of the standards that were previously implemented in 2020.

Businesses are starting to integrate AI-based systems in their regular operations as IoT-based applications gain popularity. Businesses use wireless network test tools to ensure that the networks supporting these systems are optimum and smooth. Additionally, they may be used to optimize mobile networks, which has promoted further market expansion. The worldwide telecom user base, which is growing in size every day, provides the cornerstone for this expansion. The adoption of smart electronic products and the spread of network technology compatibility both contribute to the need for wireless testing equipment. However, the market's potential is constrained by a lack of skilled employees and high prices. Additionally, the success of 5G networks during testing and investments in R&D present lucrative opportunities for the market's growth.

The challenging adoption of 5G NR is creating new requirements for driving testing. Due to the system's enhanced embedded intelligence, the network is shifting away from more reactive testing and towards more predictive and proactive testing probes with more machine learning algorithms for new 5G NR measurements. The rollout of 5G NR networks will increase the demand for driving test equipment to support several test scenarios, including initial network launch, service launch, network expansions, optimization and troubleshooting, and benchmarking.

A lot of data must be collected to conduct these driving tests, which necessitates a sizable labor force of qualified workers. As a result, this drives up operating expenses and raises pricing.

KEY MARKET INSIGHTS: 

• Based on the type, 5G will become the industry standard in the future years, and as a result, it will rule the market during the anticipated era.

• Based on the end user, Enterprises and telecommunication service providers are portrayed as the end user market segmentation. The market for telecom service providers has room to develop, which would boost the demand for test equipment in the area.

• Based on the region, during the projected period, the wireless network test equipment market in the Asia-Pacific region is anticipated to develop at the highest CAGR.

• Companies playing a leading role in the global Mobile Network Drive Test Equipment market profiled in this report are Anritsu, Viavi, EXFO, Keysight Technologies, Rohde & Schwarz, and Empirix.

Global Mobile Network Drive Test Equipment Market Segmentation:

By Type

• 2G

• 3G

• 4G

• 5G

 By End-User

• Enterprises

• Telecommunication Services Provider

By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East and Africa