Fact.MR expects the global wireless network test equipment market to reach $9.1 billion by the end of the 2022-2032 forecast period, growing at a CAGR of 7.6%.
The report shares, “Government initiatives for promoting digitization, the development of advanced infrastructure, and an increase in population are expected to fuel the global wireless network test equipment market. The increase in the adoption of smart electronic appliances further fosters the demand for wireless testing equipment. Growing adoption of long-term evolution and advanced technologies globally are expected to fuel the demand for wireless network testing products during the forecast period. These trends are likely to provide traction to the wireless network test equipment market.”