Global IoT Testing Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By End Use;

Smart Homes, Smart Wearable, Health Care, Connected Factory, Connected Vehicle, Connected Buildings and Others.

By Application;

Generators, Oscilloscopes, Protocol Analyzers, Spectrum Analyzers, Network Analyzers and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn320507804 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global IoT Testing Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global IoT Testing Equipment Market was valued at USD 3,898.39 million. The size of this market is expected to increase to USD 26,086.91 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 31.2%.

The surge in IoT adoption across industries is driving the demand for IoT testing equipment. Ensuring the comprehensive functionality of IoT devices throughout their lifecycle is crucial, prompting the need for robust testing procedures. IoT testing equipment plays a pivotal role in monitoring and conducting various tests to guarantee the proper operation of IoT devices.

The hardware components of IoT testing equipment encompass devices like JTAG Dongle, Software-defined radio, Digital storage oscilloscope, and others. These tools offer advantages such as enhanced connectivity, predictive management, and remote maintenance. Additionally, ongoing technological advancements in IoT testing equipment are poised to propel market growth in the forecast period. These developments underscore the critical role of IoT testing equipment in maintaining the reliability and performance of IoT ecosystems across diverse industries.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By End Use
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global IoT Testing Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Demand for Connected Devices
        2. Growing Focus on Data Security and Privacy
        3. Increasing Adoption of Cloud-based IoT Solutions
      2. Restraints
        1. High Cost of Testing Equipment
        2. Lack of Standardization
        3. Complexity of IoT Testing
      3. Opportunities
        1. Advancements in Automation and AI
        2. Rise of Managed Testing Services
        3. Focus on Emerging Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global IoT Testing Equipment Market, By End Use, 2021 - 2031 (USD Million)
      1. Smart Homes
      2. Smart Wearable
      3. Health Care
      4. Connected Factory
      5. Connected Vehicle
      6. Connected Buildings
      7. Others
    2. Global IoT Testing Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Generators
      2. Oscilloscopes
      3. Protocol Analyzers
      4. Spectrum Analyzers
      5. Network Analyzers
      6. Others
    3. Global IoT Testing Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. McGrath RentCorp, Inc
      2. Anritsu
      3. ROHDE&SCHWARZ
      4. Keysight Technologies
      5. RIGOL Technologies, Inc
  7. Analyst Views
  8. Future Outlook of the Market