The global network emulator market size to grow from USD 146 million in 2019 to USD 217 million by 2024, at a Compound Annual Growth Rate (CAGR) of 8.1% during 2019–2024. The environment provided by network emulators provide in the virtual format for network performance and security testing, is one which can ensure the safety of networks and devices in any complicated condition. The network emulators enable organizations to troubleshoot, design networks, test application performance, and optimize network performance. These factors drive the network emulator market.
The major network emulator market vendors include Spirent Communications (US), Keysight Technologies (US), Apposite Technologies (US), Polaris Networks (US), PacketStorm Communications (US), iTrinegy (New England), Aukua (US), Calnex (UK), SolarWinds (US), InterWorking Labs (US), GigaNet Systems (US), SCALABLE Network Technologies (US), Valid8 (US), Tetcos (India), and W2BI (US). These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the global network emulator market. New product launches, partnerships, and agreements have been the most adopted strategies by the major players from 2016 to 2019, which has helped them innovate their offerings and broaden their customer base.
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Keysight Technologies (US) is a company that provides electronic designs and test solutions which are used in the design, development, manufacture, installation, deployment, optimization, validation, and secure operation of electronics systems of communications, networking, and electronics industries. The company invests in product development to address the changing needs of the market and facilitate growth. The company is investing in Research and Development (R&D) to design measurement solutions that will satisfy the changing needs of Keysight’s customers. These opportunities are being driven by evolving technology standards and the need for faster data rates and new form factors. In April 2017, the company acquired Ixia, which became a separate reportable operating segment, Ixia Solutions Group. As a result, the company offers a wide range of products in the network emulator market.
iTrinegy (New England), is a developer of network emulation hardware and virtual appliances. The company’s technology enables customers to create accurate working facsimiles of all types of real-world networks, within a lab or test environment, including satellite, mobile, Wide Area Network (WAN), cloud, internet, Wireless Fidelity (Wi-Fi) and Local Area Network (LAN). iTrinegy offers 2 ranges of network emulator products enabling customers to replicate WAN conditions and environments within seconds. It adopted a mix of organic as well as inorganic growth strategies to establish itself as one of the frontrunners in the network emulator market. For instance, in June 2018, iTrinegy launched the NE-ONE X-Series Network Emulator, a new product, which combines 10Gbps performance with NE-ONE features, such as auto-configuration and network scenario builder. This will enable organizations to easily test applications in up to 10Gbps Point-to-Point Virtual Test Networks that mimic real-world environments.
Network Emulator Market by Application Type (SD-WAN, Cloud, and IoT), Vertical (Telecommunication, Government and Defense, BFSI), and Region (North America, Europe, APAC, MEA, and Latin America) - Global Forecast to 2024
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