The advancement of 5G and the implementation of IoT technology will help the global electronic test and measurement market reach $18.94 billion by 2025, despite a slight decline of 0.7% due to COVID-19, Frost & Sullivan predicts.

Use of connected electronic devices expected to grow

Driven by digital transformation, IoT, Industry 4.0, and other mega trends, the use of connected electronic devices is expected to grow regardless of vertical, as will the demand for electronic test and measurement equipment.