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Network Emulator Market size crossed USD 170 million in 2022 and is anticipated to record over 9% CAGR from 2023 to 2032. The industry growth is primarily driven by increasing adoption of IoT devices and SD-WAN technology solutions.
Increasing migration to cloud based infrastructure of enterprises due to extensive digitization is driving them to adopt network emulator solutions to validate network performance and Quality of Service. The market expansion is also driven by increasing cyberattacks. As network emulators test and validate network infrastructure, performance of network components before final deployment and reduce network downtime.
The rise in network traffic and network outages along with the current growing demand for 5G network services is driving telecom service providers to adopt robust network testing and emulation systems. The use of network emulator solutions helps them in testing 5G devices and base stations prior to the final deployment. This is anticipated to play a pivotal role in creating new opportunities for the network emulator market.
Report Attribute | Details |
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Base Year: | 2022 |
Network Emulator Market Size in 2022: | USD 170 million |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 9% |
2032 Value Projection: | USD 400 million |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 238 |
Segments covered: | Component, Application, Industry Vertical |
Growth Drivers: |
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Pitfalls & Challenges: |
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The lack of technology expertise and skilled workforce is one the major factors affecting the market size. The companies train their IT teams with security and network administration skills. But they lack the knowledge of functional mechanism of innovative networking technologies. However, the positive outlook of market players towards employee training and development initiatives will mitigate this shortcoming.
With respect to component, the hardware segment captured more than 75% market share in 2022, due to the rising demand for robust network emulators across large enterprises and increasing need to assess network performance will positively impact the market expansion.
Based on applications, the cloud application segment is poised to register more than 5% CAGR through 2032, propelled by increasing adoption of cloud computing services by companies. The network emulators help to emulate the network carrying large volumes of data transmitted by services providers as well as evaluate the performance.
The need for enhanced security has increased across the BFSI sector with growing digitization and modernization, further driving the demand for network emulators. The BFSI sector is expected to expand at over 10% CAGR through 2032. As network emulators facilitate network infrastructure development that supports deliverable services with increased security, their demand is expected to rise across the banking and financial institutions business arena in the coming years.
From the regional viewpoint, the Europe network emulator market generated a revenue of more than USD 40 million in 2022, attributed to increasing collaboration of companies in the region to develop integrated solutions. That apart, rising adoption of IoT technology and development across the telecom sector will also play a central role in the regional market growth.
Major companies operating in network emulator market include :
The industry participants are adopting several business strategies such as acquisition and new product development. The enterprises are leveraging network emulator solutions to test the application and device performance over the simulated infrastructure.
Major companies operating in network emulator market include :
The industry participants are adopting several business strategies such as acquisition and new product development. The enterprises are leveraging network emulator solutions to test the application and device performance over the simulated infrastructure.
The outbreak of COVID-19 has positively impacted the network emulators industry. The rising demand for enhanced wireless infrastructure and increasing penetration of IoT devices has created new opportunities for market expansion. That apart, the work-from-home trend and the booming online education industry have positively impacted the consumption of security solutions, further driving the demand for network emulators.
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Market, By Component
Market, By Application
Market, By Industry Vertical
The above information has been provided for the following regions and countries: