Report ID: UCMIG45D2024
Report ID:
UCMIG45D2024 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the Network Emulator Market surpassed $170 million in 2022 and is predicted to achieve a compound annual growth rate (CAGR) of over 9% from 2023 to 2032. The primary factor driving the growth of the industry is the growing usage of IoT devices and SD-WAN technology solutions. With the widespread digitization of businesses and the consequent shift towards cloud-based infrastructure, enterprises are adopting network emulator solutions to verify network performance and ensure Quality of Service.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Internet Services & Infrastructure by segment aggregation, the contribution of the Internet Services & Infrastructure in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45D2024