Forecasting the Growth of RF Test Equipment Market: USD 4.6 Billion Projection

The global RF test equipment market is projected to reach USD 4.6 billion by 2027 from USD 3.5 billion in 2022, growing at a CAGR of 6.1% from 2022 to 2027. Surging adoption of wireless systems in residential and commercial buildings, growing number of IoT-connected devices, and increasing use of 5G-compatible devices are some of the major factors driving the RF test equipment market growth globally.