Global 5G Testing Equipment Market size was valued at US$ 1.68 Bn. in 2019 and the total revenue is expected to grow at 8.83 % through 2021 to 2027, reaching nearly US$ 3.31 Bn.
Global 5G Testing Equipment Market Overview:
The global 5G testing equipment market size was valued at US$ 1.84 billion in 2020. And it is expected to reach US$ 3.31 billion by 2027, growing at a CAGR of 8.83 % over the forecasting period of 2021-2027.
The 5G testing equipment is one of the most modern technologies in terms of mobile phones. Network connectivity has progressed through the generations of 2G, 3G, 4G, and 5G, as well as enhanced network technologies. The fifth generation of cellular communication technologies, 5G, operates in extremely wide radio frequency bands.