Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global IoT Testing Equipment Market by Type (Protocol Testing Equipment, Spectrum Testing Equipment, Network Testing Equipment, Others), By Application (Residential Use, Commercial Use, Industrial Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global IoT Testing Equipment Market by Type (Protocol Testing Equipment, Spectrum Testing Equipment, Network Testing Equipment, Others), By Application (Residential Use, Commercial Use, Industrial Use) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 158271 3300 Machinery & Equipment 377 248 Pages 4.9 (39)

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).

Global IoT Testing Equipment Industry Outlook

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


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


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:


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.


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:

  1. Anritsu
  3. Keysight
  4. RIGOL Technologies
  5. Tekronix
  6. Shenzhen Te-lead Technologies

Global IoT Testing Equipment Market Overview

Highlights of The IoT Testing Equipment Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Protocol Testing Equipment
    2. Spectrum Testing Equipment
    3. Network Testing Equipment
    4. Others
  1. By Application:

    1. Residential Use
    2. Commercial Use
    3. Industrial Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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

Global IoT Testing Equipment Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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 Overview Financials Developments Strategic Outlook
      14.4.2. ROHDE&SCHWARZ Overview Financials Developments Strategic Outlook
      14.4.3. Keysight Overview Financials Developments Strategic Outlook
      14.4.4. RIGOL Technologies Overview Financials Developments Strategic Outlook
      14.4.5. Tekronix Overview Financials Developments Strategic Outlook
      14.4.6. Shenzhen Te-lead Technologies Overview Financials Developments Strategic Outlook
      14.4.7. COMPANY7 Overview Financials Developments Strategic Outlook
      14.4.8. COMPANY8 Overview Financials Developments Strategic Outlook
      14.4.9. COMPANY9 Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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