According to The Insight Partners market research study titled the network emulator market is estimated to reach US$ 323.1 Mn by 2027 from US$ 168.4 Mn in 2018. The report includes a key understanding of the driving factors of this growth and also highlights the prominent players in the market and their developments.
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Necessity of secured networks due to increasing cyber-attacks on digital content to provide growth opportunities for network emulator market
Cyberattacks are becoming more prevalent worldwide, affecting both businesses and the public sector. The Insight Partners' data shows that, compared to 2016, the number of security incidents increased by over 40% in 2017. Organizations are being forced to make significant investments in security infrastructure due to rising threats, changing industry and governmental laws, and other factors. Cybersecurity is currently a pressing concern for business, industry, government, and civil society, and its importance will only increase as the online environment becomes a fundamental part of the real world. Cyberattacks have recently impacted how simple it is to conduct business in a variety of sectors, including BFSI, healthcare, media and entertainment, and governments.
Demand for Battlefield Management Systems Market
Through the use of a network emulator, users can more quickly and realistically assess mobile communication networks. Radios and devices for providing hardware-in-the-loop capabilities can communicate with a network emulation system at one or more protocol layers. Emerging technologies like the Internet of Things (IoT), Industrial IoT, and 5G have given rise to a number of complicated network topologies that cover a wide range of applications.
Some of the companies competing in Battlefield Management Systems Market are
- Apposite Technologies
- Aukua Systems Inc.
- Calnex Solutions Ltd.
- InterWorking Labs, Inc.
- Itrinegy
- Keysight Technologies
- PacketStorm Communications, Inc.
- Polaris Networks
- ROHDE&SCHWARZ
- Anritsu Corporation
- W2BI Incorporated
In order to counteract cyber-attacks, businesses today require more secure networks. To meet the requirements for cyber-security, testing of the networks in all environments is absolutely necessary. Unprecedented adoption of IT developments across numerous industries has occurred. Furthermore, the widespread adoption of IT solutions across important industrial and service sectors has been accelerated by the rising popularity of IoT solutions and linked devices. As a result of the sensitivity of the data in industries like the BFSI, government, defence, educational institutions, utilities, and industrial, organisations have a constant tendency to improve security. This tendency is also expected to fuel the growth of the network emulator market for the deployment of extremely secure networks in these industries.
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