December 04, 2019
According to the latest study titled ‘Network Emulator Market to 2027 - Global Analysis and Forecasts by Test Type (Protocol Testing, Signalling, and Functional Testing); Application (SD-WAN, Internet of Things, Cloud, and Others); Industry Vertical (Government and Defense, Retail & E-Commerce, BFSI, Healthcare, Telecommunication, and Others)’ available with Market Study Report LLC, the global network emulator market is estimated to accumulate US $323.1 million by the year 2027.
Rising concerns regarding cybersecurity is fueling the need for secured networks, which, coupled with increasing government investment towards developing digital infrastructure is propelling the expansion of network emulator market. Increasing usage of several applications like wireless broadband access, multimedia messaging service (MMS), HDTV content, digital video broadcasting (DVB), video chat, mobile TV, and voice & data services are further augmenting the market outlook.
According to the study, network emulator market was worth US $168.4 million in 2018 and is expected to expand with a CAGR of 7.6% over the forecast time period. However, longer deployment time and high R&D costs are anticipated to impede the market growth to some extent.
Based on test type, network emulator market is segmented into protocol testing, signaling, and functional testing, wherein the protocol segment registered a substantial growth in the recent past and is presumed to lead the market in the upcoming years.
In terms of application spectrum, the industry is divided into IoT, SD-Wan, cloud, and others. The network emulator market from SD-WAN segment is presumed to grow substantially over the forecast period, owing to its wide application in businesses and enterprises.
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Speaking of industrial vertical, the global network emulator market is split into retail & e-commerce, government & defense, healthcare, BFSI, telecommunication, and others. The telecommunication segment registered the largest share in 2018 and is presumed maintain this trend over predicted timeline, claims the report.
Some of the vendors that operate in network emulator market are Aukua Systems Inc., Apposite Technologies, InterWorking Labs Inc., Calnex Solutions Ltd., Keysight Technologies, Itrinegy, Polaris Networks, PacketStorm Communications Inc., Anritsu Corporation, W2BI Incorporated, and Rohde & Schwarz among others.
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