Network Emulator Market Prognosticated for a Ravishing Growth By 2026
The network emulator market is anticipated to observe exponential growth over the coming time period owing to rapid digitalization, proliferation of network capacities, and high demand from numerous high-growth industries. Real-life digital networks are very complex systems which need to handle varying conditions and have flexible routes and competing applications as well. As a result, emulating is the only option through which firms could get correct infrastructure performance estimation of a network before being deployed.
At present, various key players active in the network emulator market are making active efforts to refine their product offerings and bring in more customer attention as the world transitions to 5G. Citing an instance, in October 2020, Rohde & Schwarz, a renowned T&M specialists and Viavi Solutions, reportedly verified their test equipment for UE (user equipment) emulation to test 5G NR (new radio) systems and chips. 5G new radio utilizes a combination of functions, features as well as complex algorithms, further making it important for UE manufacturers to perform widescale 5G mobile device testing before being brought to the market. The detailed validation of the standardized coexistence methodology is essential for the success of 5G technology.
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As per Global Market Insights, Inc., the oncoming rollout of 5G technology would prominently shape the forthcoming business trends in the industry.
Below are some of the key trends that are likely to influence network emulator industry growth:
High demand for VoIP solutions
In terms of application, the network emulator market is categorized into Internet of Things, software-defined wide-area network, and others. Here, the others segment is expected to register a CAGR of more than 4% over the forthcoming time period. This anticipated growth is attributed to the rising demand for VoIP solutions across industries.
Integration of advanced networking technologies in the retail sector
With respect to industry verticals, the overall market is classified into BFSI, telecom, retail, government & defense, and others. Among these, the retail segment is likely to account for an overall industry share of about 10% by the end of the analysis timeline. This estimated growth is ascribed to the integration of numerous advanced networking technologies like NFV and SD-WAN by retailers all through their retail networks.
Growing adoption of cloud technology and IoT devices
On the geographical front, the network emulator market in Latin America is expected to grow at a respectable CAGR of nearly 10% over the forthcoming time period. This anticipated growth can be accredited to the rapid adoption of cloud technology across enterprises in Latin America.
Meanwhile, the MEA network emulator industry is likely to register a CAGR of about 5% over the forecast time period. This growth is ascribed to the rising adoption of different IoT (Internet of Things) devices across smart city projects in Middle East & Africa.
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Several industry participants are increasing their focus on business growth through strategic collaborations, investments, and mergers & acquisitions. Citing an instance, in May 2019, Calnex Solutions, the leading telecommunications equipment company, reportedly announced the acquisition of a leading Germany-based provider of test and measurement solutions, Luceo Technologies.
This new acquisition increases the product line of Calnex to include exclusive range of High-Speed Component testers of Luceo, further complementing the current portfolio of Calnex comprising of Network Emulators and Synchronisation testers.
InterWorking Labs, TETCOS, Polaris Networks, W2BI Mobile Technology Pvt Ltd., Aukua Systems, Inc., Keysight Technologies, Spirent Communications plc, GigaNet Systems, Inc., SCALABLE Network Technologies, Inc., Valid8.com, Inc., Apposite Technology, Inc., InterWorking Labs, Packetstorm Communications, Inc., Calnex Solutions, and SolarWinds, Inc. among many others are some of the key players operating in the network emulator market.
Table of Contents (ToC) of the report:
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Scope
1.1.5. Definitions
1.1.6. Methodology & forecast parameters
1.2. Data Sources
1.2.1. Secondary
1.2.1.1. Paid sources
1.2.1.2. Public sources
1.2.2. Primary
Chapter 2. Executive Summary
2.1. Network emulator market 360º synopsis, 2015 – 2026
2.2. Business trends
2.3. Regional trends
2.4. Component trends
2.5. Application trends
2.6. Industry vertical trends
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