Network Emulator Market Expected to Secure Notable Revenue Share by 2026
The report presenting a comprehensive exploration of the
global Network Emulator Market encloses the rate of growth of the market over the projected
duration. Providing a concise synopsis, the report determines the valuation and
size of the Network Emulator industry in the near future.
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In terms of component, increasing demand for sophisticated
network emulation software throughout a number of established enterprises is
slated to drive the software component segment over the coming years. A network
emulation software can be used to connect to systems that have real
applications to offer insights into network capability and performance, further
providing companies with maximum flexibility to monitor network resources
effectively. Considering the aforementioned determinants, the software
component segment is projected to expand at a CAGR of more than 10% through the
analysis timespan.
With respect to the application segment, the cloud segment
is projected to expand at an impressive CAGR of more than 6% through the
projected timeframe. Adoption of cloud-based technologies by key global
companies, to cut costs related to hardware infrastructure, is majorly
proliferating the segment share.
Due to the aforementioned factors, companies working in the
network emulator industry are offering software-driven network emulator
solutions to enterprises to perform network testing in their respective cloud
environments. These network emulation software check the complete network in a
virtual private cloud environment. These cloud-centric software solution offer
all functional capabilities provided by the hardware testing solution to test
complex networks, which are further pushing its demand in the market.
To browse this report titled, “Network Emulator Market Overview and Product Scope over 2020 - 2026:
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Geographically, Europe network emulator market is projected to
hold an industry share of more than 20% by the end of the forecast analysis
period. Regional firms operating in the online gaming and video streaming
industry are using network emulation solutions to enhance user experience and
operating procedures, creating immense demand in the industry.
Citing an instance, in September 2019, VITEC installed iTrinergy’s
NE-One network emulator solution to improve IP decoding and encoding test
capabilities. This allowed the firm to improve its user experience and live
streaming capabilities.
Lately, several major market players are adopting several
strategies, including acquisitions, investment rounds, collaborations, and new
product launches, to gain a competitive edge over other industry companies
like. These strategies help the companies to increase exposure of their product
to different enterprises. Citing an instance, in April 2020, Keysight
Technologies launched its first emulation software to validate O-RAN(radio
access network) compliant radio units.
The competitive landscape of the global network emulator market is
inclusive of players such as SolarWinds Inc., Polaris Networks, and Spirent
Communications Plc, among others
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/
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