Published Date: 28-Jul-22
Industry Insights | Market Trends | Highest number of Tables | 24/7 Analyst Support
According to a new report, published by KBV research, The Global Wireless Testing Market size is expected to reach $20.3 billion by 2028, rising at a market growth of 11.4% CAGR during the forecast period.
The Services market would witness a CAGR of 13.2% during (2022 - 2028). Companies can conduct internal control inspections and quality assurance programs due to in-house testing facilities. Along with that, they can also contract out wireless testing services. These services are offered by specialized public or private sector businesses or organizations like SGS Group, Bureau Veritas, and Intertek.
The IT & Telecommunication market is leading the Global Wireless Testing Market by Application in 2021, achieving a market value of $6.4 billion by 2028. The testing of telecommunication software is referred to as telecom testing. The telecom sector has shifted to digital & computer networks, making the use of software essential. For many services, including routing and switching, VoIP broadband access, etc., the telecom business depends on various sorts of software components.
The Bluetooth market has shown high growth rate of 12.3% during (2022 - 2028). Bluetooth Low Energy (BLE) is made for low-power, low-latency devices including home automation, medical, and security equipment, in addition to computers. Whatever form the Bluetooth device takes, NTS has all the instruments required to ensure that it is prepared for final use in the market.
The North America market region shows high growth rate in the Wireless Testing Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $6.8 billion by 2028. The Europe market would showcase a CAGR of 10.9% during (2022 - 2028). Additionally, The Asia Pacific market would exhibit a CAGR of 12.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/wireless-testing-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Keysight Technologies, Inc., SGS S.A., TÜV Rheinland AG, Rohde & Schwarz GmbH & Co. KG, Intertek Group PLC, DEKRA SE, Anritsu Corporation, EXFO, Inc., Viavi Solutions, Inc., Bureau Veritas S.A.
By Connectivity Technology
Unique Offerings from KBV Research