Press release
Intent-Based Networking (IBN) Market Analysis 2023: Market Growth Rate, Competitive Landscape And Top Opportunities
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Intent-Based Networking (IBN) Global Market Report 2023 identifies IoT devices as the major driver for the Intent-Based Networking (IBN) market's growth in the forecast period. IoT devices refer to nonstandard computing devices that can connect to a network wirelessly and provide data. Intent-based networking aids in network management by taking into account not just the technologies employed but also the IT systems, people, data, and services that support IT operations.
the global intent based networking market size is expected to grow from $1.06 billion in 2022 to $1.37 billion in 2023 at a compound annual growth rate (CAGR) of 29.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global intent based networking market size is expected to grow to $3.85 billion in 2027 at a CAGR of 29.4%.
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Major competitors in the Intent-Based Networking (IBN) market are Cisco Systems Inc., Forward Networks Inc., Huawei Technologies Co. Ltd., Anuta Networks Inc., Cerium Networks.
A key trend in the Intent-Based Networking (IBN) market includes technological advancement. Major companies operating in the intent-based networking market are developing innovative technologies to strengthen their position in the market. For instance, in February 2022, NetBrain Technologies Inc., a US-based provider of intent-based network automation and visibility solutions, launched the new Problem Diagnosis Automation System (PDAS).
Read More On The Global Intent-Based Networking (IBN) Market Report Here:
https://www.thebusinessresearchcompany.com/report/intent-based-networking-ibn-global-market-report
The Intent-Based Networking (IBN) market is segmented -
• By Component Type: Networking Hardware Components, Software, Service
• By Deployment Model: On-premise, On cloud
• By Application: Healthcare, BFSI, IT And Telecom, Manufacturing, Government And Defense, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Intent-Based Networking (IBN) market.
The Business Research Company's "Global Intent-Based Networking (IBN) Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Intent-Based Networking (IBN) Market Include:
1. Executive Summary
2. Intent Based Networking Market Characteristics
3. Intent Based Networking Market Trends And Strategies
4. Intent Based Networking Market - Macro Economic Scenario
5. Intent Based Networking Market Size And Growth
……
26. Africa Intent Based Networking Market
27. Intent Based Networking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Intent Based Networking Market
29. Intent Based Networking Market Future Outlook and Potential Analysis
30. Appendix
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