The need for intelligent and automated network management solutions is driving the growth and transformation of intent-based networking (IBN). The novel Intent-Based Networking technique automates business intent understanding and response to simplify and optimize network operations. Using "intent-based networking." IBN is becoming more popular in healthcare, finance, manufacturing, and telecommunications. Organizations are realizing that Internet-based networking (IBN) improves network performance, security, and operational complexity.
Demand for agility and flexibility in network management is driving Internet Broadband (IBN) growth. Traditional networking technologies typically fail to meet the changing demands of businesses. Intent-based networking solves this issue by letting companies establish objectives and the network infrastructure automatically changes in real time to meet them. This level of automation is crucial in today's fast-paced business environment, when quick decision-making and response are needed.
Security, another important factor, is driving IBN usage. Businesses are prioritizing network infrastructure security as cyber threats become more frequent and complicated. Intent-based networking provides proactive and dynamic network security. This method monitors and updates network rules to adapt to evolving threats. Some industries, including healthcare and finance, emphasize data protection and compliance.
Intent-based networking solutions are also using more AI and ML technology. These technologies allow networks to learn from prior data, predict issues, and automatically change performance. AI and machine learning in Internet of Business (IBN) solutions are essential as organizations seek more intelligent and predictive network management.
The rise of cloud computing and hybrid and multi-cloud architectures are also affecting the IBN industry. Intent-Based Networking provides a unified approach to manage networks in on-premises data centers and numerous cloud environments. This trend aligns with the industry shift toward cloud-centric infrastructure and emphasizes the need for network solutions that can operate seamlessly in diverse environments.
Innovation and vendor competition are shaping the IBN industry. In response to the increased need for intent-based networking solutions, providers are investing heavily in R&D to differentiate their products and services. Because of this, there are several IBN systems with varying capabilities and features. Today, businesses have several options for Internet of Business (IBN) solutions that meet their objectives and ambitions.
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
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.
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.
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.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
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.
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.
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.
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.
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.
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)
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.
Networking Hardware Components
Software
Service
On-Premise
On Cloud
Healthcare
Government
Manufacturing
Telecomm
Government
Defense
BFSI
Construction
Building
Telecomm
Healthcare
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
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