New York, United States , May 30, 2023 (GLOBE NEWSWIRE) -- The Global Network Emulator Market Size is to grow from USD 193.5 million in 2022 to USD 478.2 million by 2032, at a Compound Annual Growth Rate (CAGR) of 9.4% during the projected period.
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Network emulation is a technique for testing the performance of real-world applications across a simulated network. The major purpose of network emulation is to improve decision-making by tracking efficiency and calculating the impact of changes. Network emulation is a technique for testing the performance of real-world applications across a simulated network. The major purpose of network emulation is to improve decision-making by tracking efficiency and calculating the impact of changes. As a result of significant digitization, enterprises are increasingly shifting to cloud-based infrastructure, prompting them to deploy network emulation solutions to analyze network efficiency and quality of service. Increased cybercrime is also propelling the business forward. Network emulators model and test network architecture and network component performance prior to final installation, reducing network downtime. However, a shortage of experienced staff and high installation costs are two barriers that could hamper network emulator market growth over the forecast time frame.
Browse key industry insights spread across 200 pages with 120 market data tables and figures & charts from the report on "Global Network Emulator Market Size, Share, and COVID-19 Impact Analysis, By Type (Hardware, Software), By Application (SD-WAN, Cloud, IoT, VoIP, Others), By Industry (Telecommunication, Government, Aerospace & Defense, Healthcare, BFSI, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2022 – 2032." Get Detailed Report Description Here:
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The software segment is dominating the market with the largest revenue share over the forecast period.
On the basis of type, the global network emulator market is segmented into the hardware and software. Among these, the software segment is dominating the market with the largest revenue share of 43.6% over the forecast period. These tools are used by designers and technicians to conduct a variety of assessments in a controlled and consistent environment in order to explore and provide data on the operation of various network components and devices. Network simulators can also be used for training in a range of industries such as the military, government, and commercial property management.
The SD-WAN segment is witnessing significant CAGR growth over the forecast period.
On the basis of application, the global network emulator market is segmented into SD-WAN, Cloud, IoT, VoIP, and others. Among these, the SD-WAN segment is witnessing significant CAGR growth over the forecast period. SD-WAN (software-defined wide area network) connects diverse wide area networks to software-as-a-service applications. Network emulators aid in the testing and evaluation of SD-WAN systems by offering real-time data on networks.
The telecommunication segment accounted for the largest revenue share of more than 57.2% over the forecast period.
On the basis of industry, the global network emulator market is segmented into telecommunication, government, aerospace & defense, healthcare, BFSI, and others. Among these, the telecommunication segment is dominating the market with the largest revenue share of 57.2% over the forecast period. The development of sophisticated technologies for LTE systems, as well as the progress of 5G and 4G network infrastructures, will fuel the rise of the telecommunications industry throughout the projected period. The urge to imitate these sophisticated network processes while constructing complex network environments will fuel telecom network administrators' market growth.
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North America dominates the market with the largest market share over the forecast period.
North America is dominating the market with more than 38.7% market share over the forecast period. The network emulator market in North America is tremendously lucrative, with countries such as the United States and Canada focusing on developments in research and development. The United States and Canada also dominate in retail, financial services, banking, and a variety of other areas such as infrastructure and manufacturing. The United States is expected to have the greatest market share of any country in the sector during the forecast period. It is a highly industrialized country with strict industrial regulations.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Network Emulator Market include iTrinegy, W2BI, Calnex Solutions, Valid8.com, Inc., Spirent Communications plc, Polaris Networks, Simnovus, Tetcos, InterWorking Labs, SolarWinds Worldwide, LLC, NextGig Systems, Aukua, PacketStorm Communications, Apposite Technology, Inc., Keysight Technologies Inc, SCALABLE Network Technologies, and among others.
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Recent Developments
On February 2023, Keysight Technologies, Inc. recently unveiled the release of its new E7515R solution, which is based on its 5G Network Emulation Solutions platform and is a streamlined network emulator designed specifically for protocol, radio frequency (RF), and functional testing of all cellular internet of things (CIoT) technologies, including RedCap. The 5G RedCap specification adds compatibility for wireless devices that have limited 5G capabilities. These devices are simpler and utilize less power, allowing them to address new CIoT use cases like industrial sensors and wearables like smartwatches.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Network Emulator Market based on the below-mentioned segments:
Network Emulator Market, Type Analysis
- Hardware
- Software
Network Emulator Market, Application Analysis
- SD-WAN
- Cloud
- IoT
- VoIP
- Others
Network Emulator Market, Industry Analysis
- Telecommunication
- Government
- Aerospace & Defense
- Healthcare
- BFSI (Banking, Financial Services and Insurance)
- Others
Global Network Emulator Market, Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
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