Intent-based Networking (IBN) Market Overview and Regional Outlook Study 2023 - 2032

The global Intent-based Networking (IBN) Market size was valued at USD 1.56 billion in 2022, and is projected to reach USD 4.57 billion by 2032 at a CAGR of 28.5% from 2022 to 2032.

A methodical method of tying infrastructure management and business intent together is called "intent-based networking" (IBN). It is a method of network administration that heavily relies on artificial intelligence (AI) and machine learning (ML) to automate all of the organisational chores that may be used throughout the network in order to achieve a certain goal or aim.

The network may convert the intentions into network policies when using the IBN technique. Additionally, it may deliver appropriate settings to the network with the help of automation. Additionally, IBN continuously scans traffic that is encrypted for risks. Security breaches can be quickly identified and stopped. Additionally, real-time applications may be given a more secure environment with the use of artificial intelligence (AI). These elements provide several options. for market growth during the forecast period.

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Additionally, IBN systems offer a firewall to the web application that can improve security and aid with internet traffic. Because of these advantages, a lot of businesses in the healthcare, IT, retail, and other sectors are investing in IBN solutions, which are expected to fuel the market's growth in the years to come.

Intent-based networking (IBN) market trends are expanding as a result of factors such as globalised digitalization and rising use of cutting-edge technology such as IoT and cloud-based services. In addition, it is projected that increased company adoption of intent-based networking (IBN) solutions to improve operations and efficiency would spur market expansion in the coming years.

Additionally, throughout the projected period, the market is anticipated to benefit from attractive development possibilities due to rising investments in a number of industries, including BFSI, healthcare, and other sectors. Additionally, IBN solutions use AI and ML algorithms to lower costs and increase application security; these advantages are anticipated to open up a wide range of prospects for intent-based networking (IBN) market prediction. Although the IBN Intent-based networking (IBN) market development is anticipated to be hampered by the system's complicated architecture, which is a mix of several operating systems, settings, and network components.

Segmentation:
By Component
• Hardware
• Software
• Services

By Deployment Mode
• On premise
• Cloud

By End User
• Healthcare
• BFSI
• government and public sector
• Retail and e-commerce
• IT and telecommunications
• Others

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Geography:
North America dominates the intent-based networking (IBN) market in terms of revenue and market share. The region has a large number of IBN vendors and early adopters of advanced networking technologies, such as cloud computing and IoT. The growing adoption of IBN solutions among large enterprises in the region is also contributing to the dominance of North America in Intent-based Networking (IBN) Market. North America held the largest share of the global intent-based networking market in 2020.

Company Profiles:
• Cisco Systems
• Juniper Networks
• Apcela
• Veriflow
• Forward Networks
• Apcela
• Anuta Networks
• Huawei Technologies
• Cumulus Networks
• Apcela
• VMware
• Arista Networks
• Extreme Networks
• Nokia Corporation
• Apcela.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth intent-based networking (IBN) market analysis along with the current trends and future estimations to elucidate the imminent investment pockets.
Information about key drivers, restraints, and opportunities and their impact analysis on the intent-based networking (IBN) market size is provided in the report.
The Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the intent-based networking (IBN) industry.
The quantitative analysis of the global intent-based networking (IBN) market for the period 2022-2032 is provided to determine the intent-based networking (IBN) market potential.

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