According to Market Statsville Group (MSG), the global wireless test market size is expected to grow from $10.5 billion in 2021 to $19.1 billion in 2030, at a CAGR of 6.9% between 2022 and 2030.

Wireless testing evaluates devices that can connect to other devices and networks and use that connection to perform operational tasks.  Test multiple wireless devices by performing a battery of tests to verify regulatory compliance, device interoperability, performance, and user security.

The researchers found that the market for wireless communications has grown substantially, requiring effective over-the-air testing of devices to ensure they perform correctly and are safe and secure.

The increasing convergence of wireless technologies is enabling connected services in various devices and applications such as smartphones, wearables, smart cities, connected cars, smart homes, smart grids and eHealth.

In addition, wireless test solutions such as UE test, chipset test and wireless security test focus on the performance and quality of experience of the latest technologies.

Today, pre-silicon and post-silicon verifications help improve the quality and performance of devices using wireless protocols such as Bluetooth, Zigbee, Wi-Fi, LTE, 2G, 3G, 3GPP, 4G, 5G, and NFC.

According to the researchers, the major factors driving the growth of the market include increased adoption of smart electronic devices, increase in wireless technologies, and surge in usage of smart devices.

Rising usage of smart devices in emerging economies is creating growth opportunities for the wireless testing market. Moreover, population growth and soaring internet penetration are key factors driving the demand for smart devices.

However, lack of skilled labor and high cost are expected to hamper the growth of the wireless testing market. On the contrary, the massive adoption of Internet of Things (IoT) technologies is expected to provide lucrative opportunities for expanding the wireless testing industry over the forecast period.

Market Drivers: Rising Usage of Smart Devices

Smart technology and connectivity are the main drivers of smart devices, which raises the requirements for product security. The rise in the use of smart devices in emerging countries is helping to create opportunities for various technologies, the researchers said.

Furthermore, increasing population and increasingly saturated internet are some of the key factors driving the demand for smartphones and smart devices, which may help drive the market growth for wireless testing services.

Advanced features have attracted the attention of smart devices and this is also helping to drive the market growth. Furthermore, the adoption of smartphones and smart devices has had a huge impact on the wireless testing industry.

The onset of 5G technology has redefined the device testing environment, with cutting-edge telcos moving from turnkey testing to a system-level approach.

Market constraints: lack of skilled labor and high costs

The cost of a Wi-Fi network goes well beyond the purchase price, namely the cost of the hardware and software at the time of installation.

According to Gartner, 80% of total IT costs occur after the initial purchase. Wi-Fi networking takes into account the purchase cost and other costs incurred during the life of the device, even intangible costs. For example, antennas for leading 4G smartphones are often costly.

With the adoption of 5G technology, companies expect a significant increase in component costs next year, which will hamper the growth of the wireless testing market, researchers said. Additionally, lack of skilled labor will restrain the market growth for wireless testing.

Global Wireless Testing Market Segmentation

By supply, the global wireless testing market is segmented into equipment and services. The equipment segment will contribute the most to the market, with a share of 68.4% in 2021.

Test equipment is used to test network signals to improve and maintain network efficiency and speed. Advances in networking and communication technologies such as 4G and 5G integrated with smart devices have impacted the adoption of such wireless networks by various businesses.

Growing trends in the Internet of Things and artificial intelligence, as well as surging demand for 5G technology in emerging economies, could present lucrative opportunities for wireless test equipment, researchers said.

Advancements and innovations in wireless technology along with mergers, acquisitions, and collaborations of leading players to develop advanced technologies are also expected to create market opportunities during the forecast period.

Asia Pacific to witness the highest CAGR during the forecast period

Based on region, the research report segments the global wireless testing market into North America, Asia Pacific, Europe, South America, and Middle East & Africa.

Globally, Asia Pacific is the fastest growing region, registering a CAGR of 9.4% during the study period. Asia Pacific is analyzed in China, Japan, South Korea, India, and the rest of Asia Pacific.

The region is expected to grow at the highest CAGR during the year owing to the adoption of wireless technologies and high demand for smart devices. The rapid shift from automated to autonomous devices due to the integration and advancement of IoT and AI technologies is driving the need for wireless testing.

Furthermore, the Asia Pacific region is the largest supplier to the automotive industry with a growing economy and advancements in connected technologies. Rising adoption of advanced technologies in the automotive and telecom sectors coupled with rising number of developing economies is expected to create lucrative opportunities for market growth.