Global Intent-Based Networking Market Overview:
Intent-Based Networking Market Size was valued at USD 1.8 Billion in 2023. The Intent-Based Networking market industry is projected to grow from USD 2.18 Billion in 2024 to USD 8.4 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.37% during the forecast period (2024 - 2032). Increased use of connected devices, cloud-based environment, rising security concerns related to data breaches and a growing number of IoT devices are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
- November 2022, PT IndoInternetTbk (Indonet), an Indonesian provider of digital infrastructure, has chosen Juniper Apstra to assist with automating, modernizing, and facilitating an experience-first expansion of its network infrastructure, according to Juniper Networks, a leader in secure, AI-driven networks. Apstra has already given Indonet an estimated 20% cost-savings efficiency boost through controlled automated network deployment and monitoring. Furthermore, the most recent networking upgrades made possible by Juniper's Professional Services and Advanced Services enable Indonet to more quickly and effectively respond to customer needs by supplying the ultra-low latency and highly dependable cloud solutions needed to power the nation's enterprises, which form the foundation of Indonesia's economic expansion.
- March 2023, Launched by NetBrain Technologies, Inc., the unique Network Intent technologies enable the Problem Diagnosis Automation System (PDAS). With the help of the new PDA System, operations may specify network intent without writing a single line of code. The PDA System respond to service issues as they happen by connecting ITSM systems with it, decreasing total MTTR and getting rid of tedious diagnostic work.
- February 2023, A digital managed network solution was introduced by Huawei Technologies Co., Ltd. to promote intent-based networking and the expansion of carriers' B2B services. With the aid of this solution, carriers may transition from being ISPs to MSPs by offering robust product portfolios and digital managed network capabilities.
Intent-Based Networking Market Trends
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Growing use of connected devices and cloud-based environments is driving the market growth
Market CAGR for intent-based networking is driven by the growing use of connected devices and cloud-based environments. The abundance of cloud services supplementing conventional enterprise data centers has made network traffic flow patterns more complex. Many businesses are seeking ways to make their networks more cloud-platform compatible. Network automation solutions are becoming more necessary due to the growing network traffic since they improve network management and provide full network visibility throughout all environments. Therefore, as connected devices and cloud-based environments expand, they demand IBN tools, ensuring the market’s expansion.
Additionally, the increasing Internet of businesses for smooth and automated networking is an important driver of the intent-based networking market. High-end innovations such as AI, machine learning and advanced network systems incline business interest toward IBN. This intent-based networking is suitable for both medium and large businesses. These developments will lead to various cost benefits for the organizations.
Embracing these remote systems and gadgets is an advantage for businesses. Designing personalized networking systems is possible for businesses with this technology. Today, many data breach cases are a primary concern for many businesses. These data breaches in business can cause massive revenue loss.
Intent-based networking is an exceptional program that creates personalized networking for a business. With personal networks, it is possible to prevent data breach issues. Organizations can experience secure and safe networking operations. Moreover, network downtime is causing plenty of issues in many businesses. Downtime occurs more often in any public network. However, with intent-based networking, the downtime is less due to personalized networks. As a result, it is anticipated that demand for intent-based networking will increase throughout the projection period due to the need to reduce network downtime. Thus, driving the Intent-Based Networking market revenue.
Intent-Based Networking Market Segment Insights:
Intent-Based Networking Component Type Insights
The Intent-Based Networking Market segmentation, based on component type, includes networking hardware components, software, and service. The service segment dominated the market, accounting for maximum market revenue. The industry's growing need for training, consultation, integration, and maintenance services will boost the service segment's growth. Intent-based networking services offer enterprises quantifiable benefits in agility and security as more trades adopt intent-based networking services to focus on core competencies and improve network capabilities.
Intent-Based Networking Deployment Model Insights
The Intent-Based Networking Market segmentation, based on the deployment model, includes on-premise and on-cloud. The on-premise segment generated the maximum market revenue. The increasing demand for on-premise intent-based networking tools is anticipated due to their ease of deployment. Additionally, businesses that manage networks using outdated methods struggle to compete with quick-thinking rivals because of the digital transition. This has enhanced and strengthened the security measures for networking components in businesses, which is expected to boost the segment’s growth. On-premise implementation of intent-based networking solutions is now more popular.
Figure 1: Intent-Based Networking Market, by Deployment Model, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Intent-Based Networking Application Insights
The Intent-Based Networking Market segmentation, based on application, includes healthcare, government, manufacturing, telecom, government, defense, and BFSI. The BFSI segment generated the maximum market revenue. As more financial institutions implement cutting-edge intent-based solutions to speed up the rollout of their digital services and customer-centric business models to enhance individualized banking experiences, the BFSI segment is anticipated to expand significantly in the projected period. Additionally, intent-based networking solutions can assist the BFSI sector in providing cutting-edge products to all branch locations by increasing its exposure to various consumers and business prospects.
Intent-Based Networking Vertical Insights
The Intent-Based Networking Market segmentation, based on vertical, includes construction, building, telecom, and health care. The healthcare category generated the most income. Intent-Based networking has significantly contributed to healthcare's technological transformation, whether through the incorporation of digital technology, the advancement of practices, or the introduction of previously unimaginable competence and productivity.
Intent-Based Networking Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Intent-Based Networking market will dominate this market, owing to increased investment in advanced technologies such as cloud-based services and intent-based networking solutions to improve businesses and the customer experience. In addition, the growing usage of intent will boost market growth in this region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Intent-Based Networking Market SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Intent-Based Networking market accounts for the second-largest market share due to government initiatives toward advanced networking technologies. Further, the German Intent-Based Networking market held the largest market share, and the UK Intent-Based Networking market was the fastest-growing market in the European region.
The Asia-Pacific Intent-Based Networking Market is expected to grow at the fastest CAGR from 2023 to 2032 due to in penetration of digitalization and increasing adoption of advanced technology. Moreover, China’s Intent-Based Networking market held the largest market share, and the Indian Intent-Based Networking market was the fastest-growing market in the Asia-Pacific region.
- March 2023, As part of a definitive agreement to acquire cloud security provider Axis Security, Hewlett Packard Enterprise increased its intent-based networking security capabilities by providing a solution to meet the growing demand for the integrated networking & security solutions delivered as-a-service.
- March 2023, In order to improve industrial asset visibility, securely manage assets from anywhere, and give intent-based networking & industrial internet of things (IoT) customers a seamless path to automation for operational technology (OT) teams, Cisco Systems Inc has launched cloud services in IoT operations dashboard.
Intent-Based Networking Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Intent-Based Networking market, grow even more. Market participants are also undertaking several strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Intent-Based Networking industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the global Intent-Based Networking industry to benefit clients and increase the market sector. In recent years, the Intent-Based Networking industry has offered some of the most significant advantages to medicine. Major players in the Intent-Based Networking market, including Cisco Systems Inc. (US), Apstra Inc. (US), Veriflow Systems (US), Huawei Technologies Co. Ltd. (China), Juniper Networks Inc. (US), Cerium Networks (US), Pluribus Networks (US), Forward Networks Inc. (US), Anuta Networks (US), Indeni Ltd. (US), and others, are attempting to increase market demand by investing in research and development operations.
Cisco Systems, Inc., known as Cisco, is an American global digital communication technology conglomerate firm with its corporate headquarters in San Jose, California. Cisco creates, produces, and markets networking tools, computer software, telecommunications gear, and other high-tech services and goods. Cisco is a leading provider of cutting-edge technologies such as Webex, OpenDNS, Jabber, Duo Security, and Jasper. It specializes in niche technological areas like the Internet of Things (IoT), domain security, videoconferencing, and energy management. For instance: In March 2023, Cisco Systems Inc. unveiled cloud services in the IoT operations dashboard to grow business asset visibility, firmly manage assets from anywhere and deliver intent-based networking and industrial Internet of Things (IoT) customers with a unified path to automation for operational technology (OT) teams.
NetBrain, founded in 2004, offers operators and engineers a platform for network automation and visibility, making managing hybrid networks easier. The US Company NetBrain has headquartered in Massachusetts (US). Its top-down methodology sets and upholds corporate ambitions while converting each network component into a digital twin that comprehends component intentions. By regulating desired outcomes, engineers and operators can ensure network integrity. NetBrain is used by over 2,500 large businesses and managed service providers to streamline management processes, cut MTTRs, guarantee compliance, and comprehend network support for operational needs. For Instance: In March 2023, NetBrain Technologies unveiled the Problem Diagnosis Automation System (PDAS) powered by Network Intent technology that NetBrain Technology Inc. has patented. With the help of the new PDA System, operations can define network intent without writing a single line of code. The PDA System responds to service incidents by connecting ITSM systems with it, decreasing total MTTR and eliminating tedious diagnostic work.
Key Companies in the Intent-Based Networking market include
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Cisco Systems Inc. (US)
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Apstra Inc. (US)
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Veriflow Systems (US)
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Huawei Technologies Co. Ltd. (China)
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Juniper Networks Inc. (US)
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Cerium Networks (US)
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Pluribus Networks (US)
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Forward Networks Inc. (US)
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Anuta Networks (US)
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Indeni Ltd. (US)
Intent-Based Networking Industry Developments
March 2023: Hewlett Packard Enterprise extended its intent-based networking security abilities by offering solutions to meet the rising demand for integrated networking and security solutions provided as a service as it entered into a definitive agreement to obtain a cloud security provider, Axis Security.
March 2022: Nokia introduced Adaptive Cloud Networking, a cloud-native solution. The Adaptive Cloud Networking solution boosts a service provider’s data-centric fabric. It extends its processes to the edge clouds to handle the erratic needs of the 5G future. The launch aims to allow service providers to strengthen their crucial position in the value chain of the 5G digital network.
Intent-Based Networking Market Segmentation:
Intent-Based Networking Component Type Outlook
Intent-Based Networking Deployment Model Outlook
Intent-Based Networking Application Outlook
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Healthcare
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Government
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Manufacturing
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Telecomm
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Government
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Defense
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BFSI
Intent-Based Networking Vertical Outlook
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Construction
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Building
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Telecomm
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Healthcare
Intent-Based Networking Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 1.8 Billion |
Market Size 2024 |
USD 2.18 Billion |
Market Size 2032 |
USD 8.4 Billion |
Compound Annual Growth Rate (CAGR) |
18.37% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Component Type, Deployment Model, Application, Vertical, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Cisco Systems Inc. (US), Apstra Inc. (US), Veriflow Systems (US), Huawei Technologies Co. Ltd. (China), Juniper Networks Inc. (US), Cerium Networks (US), Pluribus Networks (US), Forward Networks Inc. (US), Anuta Networks (US), Indeni Ltd. (US) |
Key Market Opportunities |
Rising need for agile networks |
Key Market Dynamics |
Increased use of connected devices Cloud-based environment A growing number of IoT devices |
Intent Based Networking Market Highlights:
Frequently Asked Questions (FAQ) :
The Intent-Based Networking Market size was valued at USD 1.8 Billion in 2023.
The global Intent-Based Networking market is projected to grow at a CAGR of 18.37% during the forecast period, 2024-2032.
North America had the largest share of the global Intent-Based Networking market
The key players in the market are Cisco Systems Inc. (US), Apstra Inc. (US), Veriflow Systems (US), Huawei Technologies Co. Ltd. (China), Juniper Networks Inc. (US), Cerium Networks (US), Pluribus Networks (US), Forward Networks Inc. (US), Anuta Networks (US), Indeni Ltd. (US).
The BFSI category dominated the market in 2022.
Healthcare had the largest share of the global Intent-Based Networking market.