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Intelligent Network Market, Size, Share and Trends - Key Players are Cisco, Tech Mahindra, Huawei, Netcracker, Ericsson, Aruba, Netrolix, Nokia, Sandvine, and Ennetix
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On the basis of end-user, the intelligent network market is segmented into managed network service providers, telecom service providers, cloud service providers and others. Among these segments, the cloud service provider is expected to witness fastest CAGR during the forecast period.
The introduction of artificial intelligence and cloud systems are the key trends observed in the intelligent network market. Furthermore, mounting demand from business organizations to monitor smooth functioning of its business activities along with delivery of appropriate services to its clients are other trends observed in the market, globally.
The introduction of artificial intelligence and cloud systems are the key trends observed in the intelligent network market. Furthermore, mounting demand from business organizations to monitor smooth functioning of its business activities along with delivery of appropriate services to its clients are other trends observed in the market, globally.
Geographically, Asia-Pacific is expected to witness fastest growth during the forecast period. The growth of intelligent network market in this region is attributed towards increasing number of service providers of cloud and telecom operators that are expansively depending upon artificial intelligence assisted solutions.
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Moreover, North America is estimated to generate largest revenue in 2017 and is expected to grow at significant rate during the forecast period. The network intelligent solution in this region is observing rampant growth due to latest technologies such as virtualization of network, deep learning and analytics.
The intelligent network market is fragmented with the presence of key players such as Cisco, Tech Mahindra, Huawei, Netcracker, Ericsson, Aruba, Netrolix, Nokia, Sandvine, and Ennetix. However, these players are looking for mergers and acquisitions as a strategy to increase their market share.
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