Intelligent Network Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

The global intelligent network market is expected to grow at a significant CAGR during the forecast period. The market is expected to grow globally owing to the introduction of new technologies and the increasing complexity of networks. On the other hand, the lack of essential budget among SMEs, as well as a low level of awareness among end-users and network administrators, are projected to hinder the market growth. Nonetheless, the market is expected to grow during the forecast period owing to the widespread adoption of new solutions, particularly in highly regulated verticals.

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The advent of sophisticated technologies such as IoT, 5G, and cloud are key factors driving the market growth. The market is being driven by the rapidly expanding complexity of networks, a massive increase in terms of data generation, and volatile changes in data traffic patterns. With more users, applications, and devices relying on the network for seamless connectivity to a wide range of consumer products, enterprise networks are increasingly under strain. Furthermore, enterprises are becoming more interested in advanced management tools and innovative network architectures that can use technologies such as machine learning and artificial intelligence (AI) to construct self-driving or autonomous networks. These improvements are also changing the way businesses rely on their partners' and vendors' services.
According to Cisco Systems, the growth of data and devices is putting more strain on networks, and 95% of network changes are done manually, resulting in operational expenses that are 2 to 3 times higher than the network's value. During the forecast period, this trend is expected to drive the global intelligent network market. Furthermore, EXFO Inc., a well-known vendor in the communications industry's test, monitoring, and analytics domain launched Nova Adaptive Service Assurance (Nova A|SA) in February 2020, which is the first intelligent automation platform that will allow mobile network operators to deliver ultra-reliable, high-quality service experiences in a 5G world.

Global Intelligent Network Market Report Segmentation

By Organization Size

• SMEs
• Large Enterprise

By End-User

• Cloud Service Providers
• Telecom Service Providers
• Managed Network Service Providers
• Others

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Intelligent Network Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• Juniper Networks
• Cisco Systems, Inc.
• Nokia Corp.
• Tech Mahindra Ltd.

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