5G Testing Equipment Market
The 5G testing equipment market consists of hardware and software solutions used to ensure the performance and security of 5G networks and devices. Key customers include telecommunication companies deploying networks and manufacturers of compact devices such as smartphones, wearables, and IoT sensors. Growth is primarily driven by the global 5G rollout, the shift towards virtualized, cloud-native network infrastructures, and the increasing miniaturization of 5G-enabled products.
CAGR
9.8%
Compound Annual Growth Rate
Current Value
$2.41B
Estimated 2026
Projected Value
$5.08B
By 2034
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