The global network emulator market is anticipated to witness tremendous gains as digitalization, and the subsequent expansion of network capacities, increases across a number of high-growth industries. Real-life digital networks are a extremely complex systems that need to be able to handle changing conditions, and also need to have competing applications and flexible routes. Emulating is the only way through which companies can get an accurate infrastructure performance reading of a network before it is deployed.
Several enterprises overlook the cruciality of emulating worst-case as well as realistic network scenarios in a lab. The failure to test different variables like effect of delay, application performance, as well as fail-over protection could have significant real-world implications.
Without any insight into the capabilities and the level of performance of any new set of protocols, hardware, and applications, the overall risk of deployment related problems rises drastically for an organization.
These organizations need to have a way to recreate realistic network behavior and conditions in efforts to avoid impairments as well as attain bottom-line benefits.
The network emulator market is categorized into different segments based upon application, industrial verticals, component, as well as regional landscape.
Based on application, the market scape in divided into SD-WAN (software-defined wide-area network), cloud, IoT (Internet of Things), and others. Among these, the others segment is projected to register a CAGR of around 4% over the forecast time period, primarily due to the increasing demand for VoIP solutions across industries.
In terms of industrial verticals, the market landscape is further categorized into telecom, government & defense, BFSI, retail, as well as others. The retail sector is forecast to account for an overall market share of more than 10% by the end of 2026. This segment growth can be ascribed to the ongoing integration of several advanced networking technologies such as SD-WAN and NFV by retailers throughout their retail networks.
From a regional standpoint, the Latin America network emulator market is projected to grow with an impressive CAGR of more than 10% over the forecast timeframe. The regional growth can be attributed to the rapidly growing cloud technology adoption across enterprises in the region.
The Middle East & Africa network emulator market is slated to register a CAGR of more than 5% through the analysis period. The regional growth is being attributed to the rapidly growing adoption of different Internet of Things devices across smart city projects in the region.