5G is a new generation of mobile communication technology with advantages such as high speed, large bandwidth and low latency. The Internet of Things is an extension and expansion of the Internet. It combines various information sensing devices with the Internet to form a huge network, realize ubiquitous connection between objects and objects and people, and realize intelligent perception, identification and management of objects and processes. So, what do these two technologies bring together? On January 8, consulting firm Frost & Sullivan predicted that the advancement of 5G technology and the implementation of Internet of Things technology will help the global electronic test and measurement market reach US$18.94 billion by 2025, despite a slight decline of 0.7% due to the impact of the COVID-19 epidemic. Driven by megatrends such as digital transformation, Internet of Things, Industry 4.0, etc., the use of connected electronic devices is expected to grow regardless of the vertical, and the demand for electronic test and measurement equipment will also grow. “Electronic test and measurement instruments have significant applications in research, product development, prototyping, manufacturing, and field testing applications,” said Prabhu Karunakaran, industry analyst at Frost & Sullivan. “Semiconductor automatic test equipment is likely to be the largest revenue contributor owing to the large market size, increasing end-user demand, and technological advancements in consumer electronics. RF test equipment is expected to represent the second-largest revenue opportunity, driven by current and future initiatives in communications and other verticals, including 5G and 6G, and the commercialization of 5G.” “The automotive end-user vertical is also expected to be a significant contributor given the positive progress in autonomous driving projects, which will stimulate demand and continue to provide growth opportunities,” Karunakaran added. |
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