Global Mobile Network Drive Test Equipment Market Size (2024 – 2030)

In 2022, the Global Mobile Network Drive Test Equipment Market was valued at 196.14 million, and is projected to reach a market size of $600 million by 2030. Over the forecast period of 2023-2030, market is projected to grow at a CAGR of 15%.

Industry Overview

The term "wireless network test equipment" refers to a device that transmits signals via radio waves in order to test signals based on different criteria, including network connectivity, utilisation, and availability. The efficiency and speed of the network are improved and maintained by using wireless network testing equipment. Innovations in networking and communication technology, such as 4G and 5G, combined with smart gadgets, have an impact on how widely these wireless networks are used by businesses. Therefore, for the activities to run smoothly, wireless network test equipment is essential.

Wireless network test equipment is the least expensive way to analyse the entire network system and provide bandwidth management to meet with business applications at higher speeds. Organizations spend a lot of time and money maintaining networks so that they can deliver goods and services at a higher speed.

During the projected period, a higher CAGR is anticipated for the 5G network market. The 5G network's infrastructure is still developing. It is anticipated that the technology will deliver new, special network and service capabilities. It would guarantee user experience continuity in difficult circumstances like highly mobile environments and densely inhabited locations. According to top network operators and 5G chipset developers, the 5G infrastructure would aid in delivering connection of 1 Gbps. The 5G network is anticipated to provide real-time service delivery, a high data transfer rate, and a high device connection density. The new, huge broadband applications would be propelled by a network with exceptionally low latency, which would be provided by this connectivity technology.

Market Drivers

Rising demand for IoT will drive the market growth

IoT-based applications are becoming more and more popular, and businesses are beginning to use AI-based systems in their daily operations. To guarantee that the networks supporting these systems are optimal and seamless, businesses deploy wireless network test equipment. They can also be used to optimise mobile networks, which has helped the market grow even more. The foundation for this growth is the global telecom user base, which is expanding in size every day.

Increase in adoption of smart electronic appliances is driving the market growth

The demand for wireless testing equipment is further fuelled by elements like the expansion of network technology interoperability and the uptake of smart electronic goods. However, a scarcity of experienced labour and exorbitant costs limit market expansion. Additionally, the testing phase of 5G networks' success and expenditures in R&D create profitable chances for the market's expansion.

Deployment of 5G NR will drive the market growth

New needs for driving testing are being created by the implementation of 5G NR, which is complicated. The network is moving away from more reactive testing toward more predictive and proactive testing probes with more machine learning algorithms for new 5G NR measurements due to the increased embedded intelligence in the system. In order to support a variety of test scenarios, including initial network launch, service launch network expansions, optimization and troubleshooting, and benchmarking, the deployment of 5G NR networks will boost the demand for driving test equipment.

Market Restraints

Extended human efforts needed to college huge amounts of data

To perform these driving test, a company requires huge amount of data collection which requires a large amount of skilled labour force. Thus, this increases the cost of operations and leads to increase in prices.

MOBILE NETWORK DRIVE TEST EQUIPMENT MARKET REPORT COVERAGE:

Global Mobile Networks Drive Test Equipment Market- By Type

• 2G

• 3G

• 4G

• 5G

The market is split into five segments based on the type of network being used: 5G, 4G, 3G, and 2G. Since 5G is a new technology, it will take some time for it to become established in the market. Although the high-speed data transfer that this technology would provide has a significant potential for market expansion. In addition, compared to earlier technologies, this transmission will be achievable with less latency and a wider geographic coverage. As a result, 5G will become the industry standard in the future years, and as a result, it will rule the market during the anticipated era.

Global Mobile Networks Drive Test Equipment Market- By End- User

• Enterprises

• Telecommunication Services Provider

Enterprises and telecommunication service providers are portrayed as the end user market segmentation. The market for telecom service providers has room to develop, particularly in Asia Pacific, which has the world's largest telecom customer base. The telecom industries of nations like India, China, and Japan are developing significantly, which would boost the demand for test equipment in the area.

Global Mobile Networks Drive Test Equipment Market- By Geography & Region

• North America

• Europe

• Asia-Pacific

• Latin America

• The Middle East and Africa

During the projected period, the wireless network test equipment market in APAC is anticipated to develop at the highest CAGR. The enormous population, rising disposable incomes, and widespread use of high-tech mobile devices in many Asian nations are additional factors driving this region's rise. Due to lower costs provided by mobile carriers to offer their services to as many end users as possible, mobile data services are expanding across APAC. The demand for high-speed data services and the expanding use of 3G and 4G/LTE have increased demand for wireless network test equipment in APAC. Furthermore, the country’s most likely to roll out 5G in the near future are Japan, China, and South Korea.

Major Players in the Mobile Network Drive Test Equipment Market

1. Anritsu

2. Viavi

3. EXFO

4. Keysight Technologies

5. Rohde & Schwarz

6. Empirix

7. Spirent Communications

8. Radcom

9. Infovista

10. Gemalto

NOTABLE HAPPENINGS IN THE GLOBAL MOBILE NETWORK DRIVE TEST EQUIPMENT MARKET IN THE RECENT PAST:

• Merger & Acquisition: - In 2021, To maximise the synergy in the areas of electric vehicles and battery monitoring, Anritsu Corporation will purchase TAKASAGO,LTD.

• Merger & Acquisition: - In 2021, octoScope, Inc. (octoScope), a leading supplier of test, assurance, and analytics solutions for next-generation devices and networks, has been acquired by pirent Communications plc (LSE:SPT), the company that was founded by Fanny Mlinarsky. octoScope, a US-based technology business founded in 2006, offers the wireless sector market-leading accurate, repeatable, and automated wireless test solutions and methodology. Through the use of patented technology, its test solutions offer automated Wi-Fi and 5G testing in simulated real-world settings, including the most recent Wi-Fi 6 and 6E technologies.

• Merger & Acquisition: - In 2021, The acquisition of SCALABLE Network Technologies, a market leader in communications network simulation and modelling solutions for design, test, and analysis as well as cyber assessment and training, was announced by Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that provides advanced design and validation solutions to help accelerate innovation to connect and secure the world.

• Merger & Acquisition: - In 2021, By acquiring Zurich Instruments AG, Rohde & Schwarz bolsters its position in the market for quantum technologies.