Market Overview:
The global IoT testing equipment market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for IoT testing equipment from residential, commercial, and industrial users across different regions. Additionally, the growing need for reliable and accurate data is also fueling the demand for IoT testing equipment. The global IoT testing equipment market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into protocol testing equipment, spectrum testing equipment, network monitoring & analysis tools (NMT&A), and others. Protocol Testing Equipment dominates this category with a share of more than 50%. This is mainly due to its ability to test various communication protocols used in various devices connected through an IoT network infrastructure such as ZigBee or Bluetooth Low Energy (BLE).
Product Definition:
IoT Testing Equipment is a term used to describe the tools and equipment used for testing Internet of Things (IoT) devices and systems. The importance of IoT Testing Equipment lies in its ability to help ensure that IoT devices and systems are functioning as intended, are interoperable with other devices and systems, and meet all safety requirements.
Protocol Testing Equipment:
Protocol testing equipment is used to test the communication protocols of different devices and systems. It helps in analyzing, creating, modifying or troubleshooting the errors in the system which occurs during communication between two devices.
Protocol testing equipment are mainly used for wireless communications and network protocol tests.
Spectrum Testing Equipment:
spectrum testing equipment is used for testing wireless communication devices such as WLAN, Bluetooth, and GSM. It helps to ensure that the device complies with the industry standards and regulations. Spectrum test equipment also ensures compliance of IoT devices with various international standards including ISO/IEC 27001:2013, ISO/IEC 27002:2013, ENVIRONMENTAL MANAGEMENT (EMS), NIST SP 800-38C; along with other country specific regulations.
Application Insights:
The commercial use segment dominated the global IoT testing equipment market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand for advanced communication and computing technologies that have widespread adoption across various industries such as healthcare, banking and financial services, retail and e-commerce, transportation & logistics, public safety & security among others. Moreover, a large number of vendors are entering into this sector due to increasing consumer awareness regarding smart devices connected to the internet along with rising demand from end users.
Residential use is projected to expand at a CAGR of XX% from 2018 to 2030 owing to growing adoption of smart home technology products by consumers globally coupled with rising deployment of these products by manufacturers worldwide.
Regional Analysis:
The North American region dominated the market in 2017 and is expected to maintain its position over the forecast period. The growth can be attributed to increasing adoption of smart devices, growing demand for connected cars, rapid technological advancements, and rising number of IoT-based projects. Moreover, presence of major players such as Cisco Systems; Google LLC; Apple Inc.; Verizon Communications Inc.; and Qualcomm Technologies Inc., in this region has contributed significantly towards regional growth.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing penetration of digital services resulting into increased demand for testing equipment within enterprises/organizations as well as homes across countries such China & India. Furthermore, government initiatives encouraging private investments in various sectors are also contributing towards regional development by infrastructural improvements (i.e.
Growth Factors:
- Increasing demand for smart devices and gadgets
- Proliferation of connected devices and sensors
- Rising need for data security and privacy
- Growing popularity of cloud-based testing services
- Emergence of new technologies such as 5G, AI, and AR/VR
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT Testing Equipment Market Research Report
By Type
Protocol Testing Equipment, Spectrum Testing Equipment, Network Testing Equipment, Others
By Application
Residential Use, Commercial Use, Industrial Use
By Companies
Anritsu, ROHDE&SCHWARZ, Keysight, RIGOL Technologies, Tekronix, Shenzhen Te-lead Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global IoT Testing Equipment Market Report Segments:
The global IoT Testing Equipment market is segmented on the basis of:
Types
Protocol Testing Equipment, Spectrum Testing Equipment, Network Testing Equipment, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Use, Commercial Use, Industrial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Anritsu
- ROHDE&SCHWARZ
- Keysight
- RIGOL Technologies
- Tekronix
- Shenzhen Te-lead Technologies
Highlights of The IoT Testing Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Protocol Testing Equipment
- Spectrum Testing Equipment
- Network Testing Equipment
- Others
- By Application:
- Residential Use
- Commercial Use
- Industrial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT Testing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT testing equipment is a type of technology that helps to test the functionality and performance of IoT devices. This equipment can include sensors, actuators, and other devices that are used to connect to the internet or other networks.
Some of the key players operating in the iot testing equipment market are Anritsu, ROHDE&SCHWARZ, Keysight, RIGOL Technologies, Tekronix, Shenzhen Te-lead Technologies.
The iot testing equipment market is expected to register a CAGR of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. IoT Testing Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. IoT Testing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. IoT Testing Equipment Market - Supply Chain
4.5. Global IoT Testing Equipment Market Forecast
4.5.1. IoT Testing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. IoT Testing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. IoT Testing Equipment Market Absolute $ Opportunity
5. Global IoT Testing Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. IoT Testing Equipment Market Size and Volume Forecast by Type
5.3.1. Protocol Testing Equipment
5.3.2. Spectrum Testing Equipment
5.3.3. Network Testing Equipment
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global IoT Testing Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. IoT Testing Equipment Market Size and Volume Forecast by Application
6.3.1. Residential Use
6.3.2. Commercial Use
6.3.3. Industrial Use
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global IoT Testing Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. IoT Testing Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global IoT Testing Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. IoT Testing Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global IoT Testing Equipment Demand Share Forecast, 2019-2026
9. North America IoT Testing Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America IoT Testing Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America IoT Testing Equipment Market Size and Volume Forecast by Application
9.4.1. Residential Use
9.4.2. Commercial Use
9.4.3. Industrial Use
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America IoT Testing Equipment Market Size and Volume Forecast by Type
9.7.1. Protocol Testing Equipment
9.7.2. Spectrum Testing Equipment
9.7.3. Network Testing Equipment
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America IoT Testing Equipment Demand Share Forecast, 2019-2026
10. Latin America IoT Testing Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America IoT Testing Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America IoT Testing Equipment Market Size and Volume Forecast by Application
10.4.1. Residential Use
10.4.2. Commercial Use
10.4.3. Industrial Use
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America IoT Testing Equipment Market Size and Volume Forecast by Type
10.7.1. Protocol Testing Equipment
10.7.2. Spectrum Testing Equipment
10.7.3. Network Testing Equipment
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America IoT Testing Equipment Demand Share Forecast, 2019-2026
11. Europe IoT Testing Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe IoT Testing Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe IoT Testing Equipment Market Size and Volume Forecast by Application
11.4.1. Residential Use
11.4.2. Commercial Use
11.4.3. Industrial Use
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe IoT Testing Equipment Market Size and Volume Forecast by Type
11.7.1. Protocol Testing Equipment
11.7.2. Spectrum Testing Equipment
11.7.3. Network Testing Equipment
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe IoT Testing Equipment Demand Share, 2019-2026
12. Asia Pacific IoT Testing Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific IoT Testing Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific IoT Testing Equipment Market Size and Volume Forecast by Application
12.4.1. Residential Use
12.4.2. Commercial Use
12.4.3. Industrial Use
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific IoT Testing Equipment Market Size and Volume Forecast by Type
12.7.1. Protocol Testing Equipment
12.7.2. Spectrum Testing Equipment
12.7.3. Network Testing Equipment
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific IoT Testing Equipment Demand Share, 2019-2026
13. Middle East & Africa IoT Testing Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa IoT Testing Equipment Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa IoT Testing Equipment Market Size and Volume Forecast by Application
13.4.1. Residential Use
13.4.2. Commercial Use
13.4.3. Industrial Use
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa IoT Testing Equipment Market Size and Volume Forecast by Type
13.7.1. Protocol Testing Equipment
13.7.2. Spectrum Testing Equipment
13.7.3. Network Testing Equipment
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa IoT Testing Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global IoT Testing Equipment Market: Market Share Analysis
14.2. IoT Testing Equipment Distributors and Customers
14.3. IoT Testing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Anritsu
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ROHDE&SCHWARZ
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Keysight
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. RIGOL Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tekronix
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shenzhen Te-lead Technologies
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
