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Intent-Based Networking Market Growth Statistics, Size, Share, Key Players, and Forecast 2032

11-28-2023 11:44 AM CET | IT, New Media & Software

Press release from: Report Ocean

Intent-Based Networking Market Growth Statistics, Size,

The research study conducted by Report Ocean on the "Intent-Based Networking Market" spans over 100 pages and delves into various facets of this market. It analyses the business strategies adopted by emerging industry players, examines the geographical scope, dissects market segments, evaluates the product landscape, and investigates price and cost structures. This research report facilitates market segmentation based on the latest Market trends, geographical market, and technological advancements. Each section of the report is meticulously prepared to scrutinize key aspects of the market. Moreover, it includes a detailed analysis of current applications, comparing them while focusing on opportunities, threats, and conducting a competitive analysis of major companies.

Rest of the WorldIntent-Based Networking (IBN) Market is valued at approximately USD 1.2 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 25 % over the forecast period 2022-2029. Intent-Based Networking (IBN) is a type of network administration that uses machine learning (ML), artificial intelligence (AI), and network orchestration to automate administrative operations throughout a network. IBN aims to simplify the process of developing, managing, and enforcing network policies as well as the human labour involved in conventional configuration management. The increasing expansion of AI and ML technologies and growing investment towards process automation are key factors accelerating the market growth.

Request To Download Free Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=bw6925

The rising expansion of artificial intelligence and machine learning technologies is contributing towards the growth of the Global Intent-Based Networking Market. For instance, according to Statista - in 2019, the global artificial intelligence (AI) software market was valued at USD 14.69 billion, and it is projected to grow to USD 70.94 billion by 2023, and a further USD 126 billion by 2025. Also, growing automation across industries and rising advancements in networking technologies would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Intent-Based Networking (IBN) solutions and services stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Intent-Based Networking (IBN) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing automation across different industries in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising industrialization and increasing automation across the manufacturing, Telecom and Banking & financial services industries in the region.

Major market players included in this report are:
A10 Networks Inc.

Juniper Networks Inc

Huawei Technologies Co Ltd

Cerium Networks

Cisco Systems Inc.

Indeni Ltd Veriflow Systems

Anuta Networks

Apstra Inc.

Pluribus Networks

Forward Networks

Download Free Sample of This Strategic Report with Industry Analysis @https://reportocean.com/industry-verticals/sample-request?report_id=bw6925

Recent Developments in the Market:
In October 2019, Finland based Nokia Corporation launched intent-based solution. Moreover, with this new solution Operators would be able to build-integrate-operate software-defined access.
In May 2021, Juniper Networks unveiled version 4.0 of Apstra software, the intent-based networking solution it acquired in early 2021. This new software is designed to enable organizations to minimize the time and costs associated with deploying and managing traditionally complex data centre networks.

Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered: Component, Deployment Model, Industry Vertical, Region

Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By Component

Software

Services

Networking Hardware

By Deployment Model

Cloud

On-premises

By Industry Vertical

Healthcare

BFSI

IT & Telecom

Manufacturing

Government & Defense

Others

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By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

RoLA

Rest of the World

Get a Request Free Sample Full Report @https://reportocean.com/industry-verticals/sample-request?report_id=bw6925

Key Questions Answered in the Market Report:
• How did the COVID-19 pandemic have an impact on the adoption of via a range of pharmaceutical and existence sciences companies?
• What is the outlook for the affect market all through the forecast length 2023-2032?
• What are the key developments influencing the have an impact on market? How will they have an impact on the market in short-, mid-, and long-term duration?
• What is the give up person appreciation toward?
• What are the key elements impacting the have an effect on market? What will be there have an impact on in short-, mid-, and long-term duration?
• What are the key possibilities areas in the influence market? What is their workable in short-, mid-, and long-term duration?
• What are the key techniques adopted via groups in the have an effect on market?
• What are the key utility areas of the influence market? Which utility is predicted to keep the very best increase attainable all through the forecast duration 2023-2033?
• What is the favoured deployment mannequin for the impact? What is the boom conceivable of quite a number deployment fashions existing in the market?
• Who are the key cease customers of pharmaceutical quality? What is their respective share in the affect market?
• Which regional market is predicted to maintain the easiest boom possible in the have an impact on market at some stage in the forecast length 2023-2032?
• Which are the key gamers in the have an impact on market?

Growth Hampering Factors in the Market:
• Environmental regulations: Stricter environmental regulations on the production and use of fossil fuels can limit the availability and use of traditional market.
• Safety concerns: Safety concerns regarding the storage and transportation of can limit their use.
• Supply chain disruptions: Disruptions in the global supply chain due to natural disasters, pandemics, or other factors can impact the availability and cost of market.
• Security concerns: Security concerns regarding the transportation and storage of market can limit their use and availability.
• Technological obsolescence: Advances in technology can make existing systems obsolete, leading to reduced demand.
• Competition from alternative fuels: The development of alternative fuels such as biofuels and hydrogen-based fuels can compete with traditional market.
• Volatility in oil prices: Fluctuations in oil prices can affect the cost of market, making it difficult for industry players to predict and plan for costs.
• Economic downturns: Economic downturns can result in reduced demand for air travel and air cargo transportation, leading to a reduction in demand for market.
• Geopolitical tensions: Political instability and tensions between nations can impact the global supply chain for market, leading to supply disruptions and price fluctuations.

Get a Request Free Sample Full Report @https://reportocean.com/industry-verticals/sample-request?report_id=bw6925

About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

Get in Touch with Us:
Report Ocean:
Email: sales@reportocean.com
Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 - UNITED STATES
Tel:+1 888 212 3539 (US - TOLL FREE)
Website: https://reportocean.com

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