According to a new report, published by KBV research, The Global Network Emulator Market size is expected to reach $347 Million by 2030, rising at a market growth of 7.4% CAGR during the forecast period.
The Hardware segment is registering a CAGR of 7.1 % during the forecast period. The underlying concept of a hardware-based network emulator entails the manipulation of network traffic and parameters to simulate a wide variety of scenarios. These situations encompass various network congestion levels, latency (delay), capacity restrictions, packet loss, and other problems that networks and applications frequently experience. By simulating these conditions, organizations can comprehensively examine the performance and interaction of their networked systems, thereby identifying potential weaknesses, bottlenecks, or vulnerabilities.
The SD-WAN segment lead the Global Network Emulator Market by Application in 2022 achieving a market value of $148 Million by 2030. Network emulators play a crucial role in the development, testing, and optimization of software-defined wide area networks (SD-WANs). Network emulators provide a controlled environment for assessing how SD-WAN solutions perform in various network conditions.
The Telecommunication segment is growing at a CAGR of 6.8 % during the forecast period. As operators implement next-gen networking for cutting-edge services, the telecommunications industry has become a significant driver of the market for network emulators. They seek to develop unified, customer-centric, IP-based platforms that provide integrated voice, data, and broadband services. This transformation is driven by the proliferation of smartphones and tablets, which demand increased bandwidth. To optimize networks for capacity and cost, operators continuously reallocate resources.
The North America region dominated the Global Network Emulator Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $128 Million by 2030. The Europe market is anticipated to grow CAGR of 7.2% during (2023 - 2030). Additionally, The Asia Pacific market would witness CAGR of 8.1% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/network-emulator-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Spirent Communications plc,Keysight Technologies, Inc., Viavi Solutions, Inc., Rohde & Schwarz GmbH & Co. KG, SolarWinds Corporation, Aldec, Inc., Calnex Solutions plc, Marben Products SAS, InterWorking Labs, Inc. and Modulo Communications Systems Ltd.
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