As per the report published by Fior Markets, the global network emulator market is expected to grow from USD 160 million in 2020 to USD 307.2 million by 2028, at a CAGR of 8.5% during the forecast period 2021-2028.
The global network emulator market is witnessing significant growth in the past years. This growth is attributed to the most connected technologies such as autonomous vehicles, machine-to-machine communication devices, and several other internet-connected devices that are developing with the introduction of a strong network and high-speed internet services. The majority of applications based on IoT operate effectively with the help of wireless connectivity. Which is another factor that is anticipated to boost market growth. increasing advanced technology has accelerated the requirement to analyze the performance of networks.
The word emulation is generally used broadly to show the partially implemented system in the real world and partly in simulation. Emulation is often used to validate and test a simulation model with its real-world counterparts or in a reverse scenario while developing a real-world protocol application or implementation for performing tests in a simulated environment. It may also be used because some parts only exist in the real world or only as a simulation model. Network Emulation consists of (re)creating a network in a virtual environment using virtual devices. Network engineers have been using Network Emulation for training and demos for some time now. Still, some new use cases are emerging around Continuous Integration and Continuous Delivery (CI/CD) of the network itself or the tools around it.
The global network emulator market is expected to witness significant growth, owing to rising improvement in the technology, the proliferation of 5G, IoT, and connected devices, the rise of cyber-attacks and cybersecurity breaches on networks among various industries across the globe, the need to reduce downtime in networking among end-users. The factors restraining the growth of the market are Security-related concerns and chances of devices getting hacked, High installation costs, and Lack of skilled workforce.
Key players in the global network emulator market are Apposite Technology, Inc., Calnex Solutions, GigaNet Systems, Inc., InterWorking Labs, iTrinegy, Aukua Systems, Inc., Keysight Technologies, Polaris Networks, SCALABLE Network Technologies, Inc., Packetstorm Communications, Inc., SolarWinds, Inc., Spirent Communications plc, TETCOS, Valid8.com, Inc., and W2BI Mobile Technology Pvt Ltd. To gain a significant market share in the global network emulator market, the key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.
- Calnex Solutions Ltd., a leading network emulator solution provider company, in April 2019 released the Multiport 25GbE, a high-speed ethernet network emulator solution, which helped the company provide a multiport capable network emulator solution to enable high-speed ethernet networking for enterprises.
- Calnex Solutions acquired Luceo Technologies in May 2019. With the acquisition, Calnex Solutions included Luceo Technologies’ product, High-Speed Optical Module Testers. The product complements Calnex Solutions’ existing portfolio of synchronization testers and network emulators.
- Keysight Technologies, Inc. introduced a 5G channel emulation PROPSIM FS16 in January 2020, enabling chipset and device makers to crosscheck the implementation of MIMO and massive MIMO in any of the new 5G radio frequency bands. PROPSIM FS16 allowed users to check the performance of 5G new radio devices with the support for ultra-wide bandwidths in mmWave frequency spectrum, beamforming technology, and multiple-antenna configurations.
- GL Communications Inc. launched its air 5G Core Network Emulator Suite in October 2019, enhancing the N4 interface simulation. The Emulator Suite contains a MAPS application, which is a multi-protocol and multi-interface simulation test tool.
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The hardware segment dominated the market and held the largest market share of 72.1% in the year 2020
On the basis of Components, the global network emulator market is segmented into hardware and software. The hardware segment dominated the market and held the largest market share of 72.1% in the year 2020. This growth is attributed to the capability of providing better line-rate data processing under all configurations.
SD-WAN segment dominated the market and held the largest market share of 35.2% in the year 2020
On the basis of Application, the global network emulator market is segmented into Software-Defined Wide Area Network (SD-WAN), Cloud, and Internet of Things (IoT). SD-WAN segment dominated the market and held the largest market share of 35.2% in the year 2020. This growth is attributed to the rising adoption of technology.
The telecom segment dominated the market and held the largest market share of 44.3% in the year 2020
On the basis of industry vertical, the global network emulator market is segmented into Telecom, Government & Defense, BFSI, Retail, and Others. The telecom segment dominated the market and held the largest market share of 44.3% in the year 2020. This growth is attributed to the transformation of network environments toward next-generation networking solutions to introduce advanced value-added services.