In the most recent publication from Report Ocean, titled “Exploring the Dynamics of the Network Emulator Market: Trends, Market Share, Size, Projected Growth, Lucrative Prospects, and Forecasts Spanning 2023-2031,” a thorough and all-encompassing scrutiny of the sector is presented. Within its pages, you will uncover not only penetrating market insights but also a detailed examination of competitive forces and geographical factors influencing the landscape. Furthermore, the document delves into the cutting-edge innovations driving the evolution of this market realm.
What is the Size of the Network Emulator Market?
Global Network Emulator Market is valued approximately at USD 135 million in 2018 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2019-2026. Network emulation is a type of technique which is used for testing the performance of an application in a real time over a virtual network. It is distinct from network simulation where merely mathematical models of network models, traffic, channel and protocols are utilized.
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It is mainly used by the service providers, application developers, and manufacturers to verify the strength of the network product or application. The basic feature of network emulators are impairments, routing, modifiers and filtering. Rise of attacks and security breaches on network, surging adoption of internet connected devices and growing need for reduced downtime in networking are the few factors responsible for high CAGR of the market over the forecast period.
For instance, as per the Safe At Last Inc., a non-profit organization, it is estimated that the total installed base of Internet of Things (IoT) connected devices is projected to grow to around 75 billion worldwide by 2025, a fivefold increase since 2015 (15.41 billion). Moreover, increasing demand for software-defined networking and virtualization coupled with investments in R&D and positive outcomes from the testing phase of 5g networks are the major factor likely to create lucrative growth opportunity to the market in the upcoming years. However, longer timelines and extended R&D requirements for new networking technologies and price sensitivity of network testing and emulator are the few factors anticipated to restraining the growth of global Network Emulator market during the forecast period.
The regional analysis of global Network Emulator Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing research and development investment for advance technologies by government and organizations along with growth of BFSI and retail sector in the region. However, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as increasing adoption of IoT devices and machine to machine connections have boosted the demand for networks thereby, accelerating the need for network emulators across the Asia-Pacific region.
Major market player included in this report are:
Spirent Communications
Keysight Technologies
Apposite Technologies
iTrinegy
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Polaris Networks
PacketStorm
Aukua
Calnex
SolarWinds
InterWorking Labs
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application Type:
SD-WAN
Cloud
IoT
Others
By Vertical:
Telecommunication
Banking, Financial Services and Insurance
Government and Defense
Others
By Region:
North America
U.S.
Canada
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Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
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