The global 5G testing equipment market size estimated at $1.31 billion in 2021 and $1.65 billion in 2022, is projected to grow at a Compound Annual Growth Rate (CAGR) of 25.97 percent to reach $5.245 billion by 2027.

Some of the suppliers in 5G testing equipment market include Anritsu Corporation, Artiza Networks, EXFO, Keysight Technologies, National Instruments, Rohde & Schwarz, Spirent Communications, Tektronix and Viavi Solutions.