Proliferation of 5G, IoT, and connected devices, rise of cyber-attacks and cyber security breaches on networks among various industries across the globe are the major factors that drive the growth of network emulator market. In addition, the growth of network emulator market is majorly driven by the need to reduce downtime in networking among end users.
However, longer time and extended R&D requirements for new networking technologies is a factor that hampers the growth of market. Contrarily, rise in demand for software defined networking & virtualization is an opportunistic factor for the global market.
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With continuous changes in technological landscape, variety of telecommunication service providers in the world have acknowledged the demand for a complete overhaul of prevailing wireless infrastructure in which there are numerous factors that create a necessity for an overhaul. In addition, contribution of traditional infrastructure to globalization is a major factor to increase the demand for change in existing telecommunication infrastructures.
In the era of digitization, the need to improve delivering services into a wider geographic area, coupled with demand for high quality of services and the need for sustainable environments have proliferated the adoption of connected devices. These are some of the factors that have directed to the conceptualization of 5G network infrastructure.
Further, proliferation of IoT enabled devices that are connected over the internet and rise in adoption of IoT solutions among industries across the globe have increased the number of connected devices from 2018 to 2020. Thus, expansion of the network emulator market by a variety of end users is anticipated to rise at a rapid rate in the coming years, with 5G technology and IoT gaining greater prominence around the world.
Manufacturing of network emulators and its emulations require rigorous testing. Stringent government regulations have reduced development or enhancements in network emulators. R&D activities take longer timelines in emulations to create a real-life network environment.
For these environments various parameters are considered and then behavioral observation is evaluated, which usually takes longer time. Further, the network research is a tremendously time-consuming task, which delays the time to market products, thereby adding to the total costs. This factor is anticipated to be a challenge for development of the network emulator market during the forecast period.
Key benefits of the report:
- This study presents the analytical depiction of the global network emulator industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global network emulator market share.
- The current network emulator market is quantitatively analyzed from 2020 to 2027 to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed network emulator market analysis based on the present and future competitive intensity of the market
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