5G Testing Equipment Market To Reach $3.91 Billion By 2030

5G Testing Equipment Market Growth & Trends

The global 5G testing equipment market size is expected to reach USD 3.91 billion by 2030, registering a CAGR of 6.9% from 2025 to 2030, according to a new report by Grand View Research, Inc. Rapidly escalating demand for smartphones, along with higher internet speeds, has resulted in vigorous manufacturing of 5G-enabled smartphones across the globe, which is propelling the market growth.

Applications of fifth generation technology continue to expand at a steady pace on account of increasing usage of IoT and connected devices. Besides, surging availability of large data centers makes it convenient to use 5G testing equipment for the deployment of fifth generation technology. The commercialization of fifth generation technology began most recently in 2019, thereby creating an opportunity hotspot for these devices in the upcoming years. Market penetration of fifth generation technology in specific sectors such as automotive, entertainment, medical, construction, and security is increasingly creating demand for 5G testing equipment. Continuously evolving research & development of these devices to make them more application-oriented and industry-compliant is anticipated to drive the market over the forecast period.

Hyper-connectivity of the world is one of the prime factors fueling the demand for 5G testing equipment. Increasing utilization of connected devices in emerging economies, such as China and India, continues to create data traffic in a network, thereby enforcing the need for establishing a more efficient and secure network. Escalating demand for data traffic control is anticipated to propel the fifth generation technology, which will consequently lead to exponential growth in the market. Furthermore, connectivity needs in smartphones, wearable devices, connected cars, smart home devices, and other consumer electronic devices are likely to augment the demand for 5G testing equipment. High speed of fifth generation technology and availability of wireless and wired technology are potential factors for easing the connectivity process. On the contrary, associated cost and technical issues due to multiple carrier involvement are considered the key restraints of the market.

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5G Testing Equipment Market Report Highlights

• The vector signal generators segment dominated the market with a share of 23.2% in 2024, underscoring their vital role in evaluating 5G network performance.

• The new segment dominated the market with the largest revenue share in 2024. This growth can be attributed to ongoing technological advancements and the integration of 5G capabilities across various sectors.

• The telecom service providers segment dominated the market with the largest revenue share in 2024, driven by their essential role in deploying and managing 5G networks.

• North America 5G testing equipment market dominated the global market with a revenue share of 45.4% in 2024, reflecting the region's strong investment in telecommunications infrastructure and technology.

• Asia Pacific 5G testing equipment market is expected to grow at a significant CAGR from 2025 to 2030, due to rapid urbanization and digitalization across the region.

5G Testing Equipment Market Segmentation

Grand View Research has segmented global 5G testing equipment market report based on equipment, revenue source, end-use, and region:

5G Testing Equipment Equipment Outlook (Revenue, USD Million, 2018 - 2030) 

• Oscilloscopes

• Signal and Spectrum Analyzers

• Vector Signal Generators

• Network Analyzers

• Others

5G Testing Equipment Revenue Source Outlook (Revenue, USD Million, 2018 - 2030)

• New

• Rental

5G Testing Equipment End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Telecom Equipment Manufacturers

• Original Device Manufacturers (ODMs)

• Telecom Service Providers

• Others

5G Testing Equipment Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • France

  • Italy

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

• Middle East and Africa (MEA)

  • UAE

  • KSA

  • Oman

List of Key Players of 5G Testing Equipment Market

• Anritsu

• Artiza Networks Inc.

• EXFO Inc.

• Ceragon

• Intertek Group Plc

• Keysight Technologies

• MACOM

• Rohde & Schwarz

• Teradyne Inc.

• VIAVI Solutions Inc.