Overview and Scope
Mobile network drive test equipment refers to specialized tools used by telecommunications companies and network operators to measure and analyze the performance of mobile networks. These pieces of equipment help in assessing signal strength, coverage, quality, and other parameters while moving through different locations.
Sizing and Forecast
The mobile network drive test equipment market size has grown strongly in recent years. It will grow from $5.44 billion in 2023 to $5.92 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to increasing demand for high-speed data services, growing complexity of network infrastructure, demand for better network performance, need for accurate network diagnostics, regulatory compliance requirements.
The mobile network drive test equipment market size is expected to see strong growth in the next few years. It will grow to $8.22 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to focus on network optimization and efficiency, demand for real-time analytics and monitoring, expansion of mobile broadband services, emphasis on quality of service and quality of experience, proliferation of IoT devices. Major trends in the forecast period include shift towards cloud-based testing solutions, rise of virtualized network testing platforms, emergence of autonomous drive test capabilities, growing importance of network slicing testing, adoption of advanced antenna technologies.
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Segmentation & Regional Insights
The mobile network drive test equipment market covered in this report is segmented –
1) By Type: 2G, 3G, 4G, 5G
2) By Application: Benchmarking, Monitoring And Control, Network Testing
3) By End-User: Mobile Operators, Equipment Manufacturers, Other End Users
Top 5 Major Players:
- Qualcomm Incorporated
- Nokia Corporation
- CommScope Inc
- Keysight Technologies Inc
- Teradyne Inc
North America was the largest region in the mobile network drive test equipment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the mobile network drive test equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rise of high-capacity networks is expected to propel the growth of the mobile network drive test equipment market going forward. High-capacity networks refer to telecommunications networks with the capability to deliver high downlink and uplink bandwidth, resilience, low latency, and low latency variation. The mobile network drive test equipment market is expanding significantly due to the exponential increase in data consumption caused by various causes, including internet-connected devices, streaming services, cloud computing, and emerging technologies such as the Internet of Things (IoT). As data consumption grows, there is an need for high-capacity network test equipment’s that can accommodate the growing traffic. For instance, in September 2022, according to a report by the Cellular Telecommunications and Internet Association (CTIA), a US-based trade association, in the United States, 315 million Americans are now covered by 5G, and the number of 5G devices grew over 513 percent from 14 million in 2020 to 85 million in 2021. Therefore, the rise of high-capacity networks is driving the growth of the mobile network drive test equipment market.
Key Industry Players
Major companies operating in the mobile network drive test equipment market are Qualcomm Incorporated, Nokia Corporation, CommScope Inc., Keysight Technologies Inc., Teradyne Inc., Rohde & Schwarz GmbH & Co KG, VIAVI Solutions Inc., Anritsu Corporation, Spirent Communications plc, NETSCOUT Systems Inc., DingLi Corporation Ltd., Ascom Holding AG, EXFO Inc., ETS-Lindgren Inc., Teoco Corporation LLC, InfoVista S.A., Anite plc, Mitek Systems Inc., PCTEL Inc., Datang Mobile Communications Equipment Co. Ltd., Radcom Ltd., Kaelus Inc., Bird Technologies Group, Cobham Wireless Limited, Beijing StarPoint Technology Co. Ltd., Azimuth Systems Inc., Accuver Americas Inc., AWT Global LLC
The mobile network drive test equipment market report table of contents includes:
1. Executive Summary
2. Mobile Network Drive Test Equipment Market Characteristics
3. Mobile Network Drive Test Equipment Market Trends And Strategies
4. Mobile Network Drive Test Equipment Market – Macro Economic Scenario
5. Global Mobile Network Drive Test Equipment Market Size and Growth
…
32. Global Mobile Network Drive Test Equipment Market Competitive Benchmarking
33. Global Mobile Network Drive Test Equipment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Mobile Network Drive Test Equipment Market
35. Mobile Network Drive Test Equipment Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Mobile Network Drive Test Equipment Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Mobile Network Drive Test Equipment Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Mobile Network Drive Test Equipment Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
….
Table 74: Qualcomm Incorporated Financial Performance
Table 75: Nokia Corporation Financial Performance
Table 76: CommScope Inc. Financial Performance
Table 77: Keysight Technologies Inc. Financial Performance
Table 78: Teradyne Inc. Financial Performance
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