The North America 5G Testing Equipment Market would witness market growth of 6.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America 5G Testing Equipment Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1.8 billion by 2031. The Canada market is experiencing a CAGR of 7.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 7.1% during (2024 - 2031).
The integration of 5G technology into autonomous and connected vehicles is transforming the automotive industry through advanced applications like Vehicle-to-Everything (V2X) communication. V2X enables real-time information exchange between vehicles, infrastructure, and pedestrians, allowing autonomous cars to make rapid, data-driven decisions for improved safety and efficiency.
Moreover, V2X communication alerts vehicles to road hazards, sudden braking, or traffic conditions, reducing the likelihood of accidents. In busy urban environments, autonomous vehicles rely on seamless communication with traffic lights and other vehicles to navigate safely. 5G's ultra-low latency and high-speed connectivity are critical to supporting these real-time interactions.
The 5G testing equipment market in North America is expanding rapidly, driven by favorable government policies and advancements in 5G infrastructure. According to the National Telecommunications and Information Administration, North America has become a leader in adopting wireless 5G connections, with 108 million 5G and 506 million LTE connections by the end of Q3 2022. The penetration of 5G among the population is nearing 30%, with the region adding 14 million 5G connections in that quarter, reflecting a 15.47% growth from Q2 2022. The strong growth in 5G adoption has created a significant demand for testing solutions to validate and optimize network performance.
Free Valuable Insights: The 5G Testing Equipment Market is Predict to reach USD 3.84 Billion by 2031, at a CAGR of 6.7%
Based on Source, the market is segmented into Rental and New. Based on Equipment, the market is segmented into Vector Signal Generators, Network Analyzers, Signal & Spectrum Analyzers, Oscilloscopes, and Other Equipment. Based on End Use, the market is segmented into Telecom Service Providers, Telecom Equipment Manufacturers, Original Device Manufacturers (ODMs), and Other End Use. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
By Source
By Equipment
By End Use
By Country
Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
Unique Offerings 