The wireless testing market will touch USD 31.23 billion, with an 11.7% CAGR, by 2030. 

This is because of the expansion of 5G networks globally, speedy technological improvement in wireless testing technologies, and surging needs in the consumer electronics sector. 

Because of the constant acceptance of remote working approaches, because of lockdowns employed across different countries across the globe during the pandemic of COVID-19, the industry has witnessed significant expansion.  

Moreover, the improvement of advanced infrastructure, a surging populace, and government projects to encourage digitization will further boost industry expansion in the coming years. 

The services category, based on offering, led the industry in the past few years. Corporate offices and educational establishments, during the pandemic, went online, which ultimately boosted the requirement for wireless testing services as it assesses maintenance and network installation. 

Furthermore, the increasing penetration of the internet and the surging acceptance of digital services have resulted in a significant increase in the amount of sensitive data being created. In addition, there is an increasing need for greater infrastructure solutions, aiding industry expansion. 

The consumer electronics category, based on application, was the largest contributor to the wireless testing market, in recent years. This can be mainly because of the surging need for smart electronics as well as wearable gadgets. 

Wireless testing is important in the consumer electronics sector, where products are assessed for functioning, performance, and safety. UMTS, LTE, and GSM are the most common technologies employed in consumer electronics such as tablets and smartphones. 

Moreover, various wireless technologies that are employed in consumer electronics, including cellular, Bluetooth, Wi-Fi, and near-field communication (NFC), are analyzed by numerous businesses currently. 

North America accounted for the leading share of the industry in recent years. This is because of the advancing consumer electronics and telecommunications industries and the surging need for smartphones. Moreover, the Federal Communications Commission has authorized the establishment of internet services throughout unconnected rural homes as well as businesses.  

Additionally, with the increasing internet penetration, the regional industry is likely to advance at a high rate during this decade.  

APAC is likely to advance at the fastest compound annual growth rate, of 12.3%, in the years to come. This is primarily because of the increasing disposition of mobile broadband, which is the main approach to broadband access in this continent.  

Moreover, the increasing need for wireless testing in consumer electronics applications will be boosted by the surging requirement for wearables as well as smart electronic devices. 

It is because of the increasing need for mobile data offloading, the wireless testing industry will continuously advance in the years to come. 

SOURCE: P&S Intelligence