Intent-based Networking Market to be Worth $8.9 Billion by 2031 | Meticulous Research®

Meticulous Research®, a global leader in market research, recently released a report titled "Intent-based Networking Market by Offering, Deployment Mode, Organization Size, Application (Network Automation & Orchestration, Policy Enforcement & Security, Network Monitoring & Analytics), End User, and Geography - Global Forecast to 2031". According to this report, the intent-based networking (IBN) market is set to grow significantly, reaching $8.9 billion by 2031, with a robust compound annual growth rate (CAGR) of 23.9% from 2024 to 2031. The market's expansion is primarily fueled by the increasing complexity of networks, the demand for greater network agility and efficiency, and the rising need for Zero-touch Provisioning (ZTP) and unified network visibility. However, challenges related to standardization may impede this growth.

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The integration of Artificial Intelligence (AI) and Machine Learning (ML) with networking solutions, along with the increasing shift toward cloud-based networking, presents significant growth opportunities for market participants. Despite these opportunities, deploying and integrating intent-based networking solutions remains complex, posing a major challenge to the market's development.

Market Segmentation
The global intent-based networking market is segmented by offering, deployment mode, organization size, application, end user, and geography. This detailed segmentation allows for an in-depth analysis of market dynamics at the country and regional levels.

By Offering
The market is broadly categorized into two segments: solutions and services. In 2024, the solutions segment is expected to dominate, capturing over 60% of the market share. This segment's growth is driven by increased investments in research and development (R&D) and the rising demand for dynamic connectivity, particularly among communication service providers (CSPs). Solutions in this category focus on enhancing network automation, policy enforcement, and security.

While the solutions segment holds the majority share, the services segment is projected to grow at the highest CAGR over the forecast period. The increasing need for network integration and the provision of advanced network automation services by key players are expected to fuel this segment's rapid growth. Enterprises, particularly in sectors like IT and telecommunications, are placing greater emphasis on services that ensure seamless integration and management of intent-based networking solutions.

By Deployment Mode
The market is further segmented into on-premise deployment and cloud-based deployment. In 2024, on-premise deployment is expected to account for the larger share, with over 64% of the market. The growth of this segment is attributed to the high adoption of intent-based networking solutions by large enterprises. These enterprises often require comprehensive network security and control, which on-premise deployments offer. The rising deployment of network automation solutions across on-premises data centers and the need for custom configurations to meet specific organizational needs also contribute to the segment's dominance.

However, cloud-based deployment is forecasted to record the highest CAGR during the forecast period. Enterprises are increasingly adopting cloud-based solutions to manage complex network requirements while minimizing infrastructure-related costs. Additionally, as organizations invest in expanding their network infrastructures through cloud deployments, the demand for cloud-based intent-based networking solutions will rise.

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By Organization Size
The intent-based networking market is segmented into large enterprises and small & medium-sized enterprises (SMEs). In 2024, SMEs are expected to hold the largest market share, accounting for over 63%. The rapid growth of this segment is driven by the need for secure, agile, and efficient work environments. SMEs across various sectors, such as education, retail, healthcare, and manufacturing, are increasingly adopting intent-based networking solutions to optimize their network operations.

Furthermore, the SME segment is also projected to grow at the highest CAGR during the forecast period, reflecting the increasing demand for flexible, scalable networking solutions among smaller organizations.

By Application
The global intent-based networking market is segmented into several application areas, including network automation & orchestration, policy enforcement & security, dynamic network optimization, network monitoring & analytics, and network policy compliance & governance. In 2024, the network monitoring & analytics segment is anticipated to hold the largest share, accounting for approximately 36% of the market. This growth is driven by the increasing use of network monitoring tools to identify and resolve issues promptly, as well as the rising demand for enhanced network security.

Meanwhile, the network automation & orchestration segment is expected to experience the highest CAGR over the forecast period. The growing demand for zero-touch provisioning, unified network visibility, and smart healthcare systems that utilize intent-based networking technologies will drive the expansion of this segment.

By End User
The market is segmented into CSPs, data centers, and enterprises. Among these, the data centers segment is expected to dominate in 2024, accounting for 42% of the global market. Data centers are increasingly adopting automation solutions to streamline routine workflows, reduce operational tasks, and cut overhead costs. Network automation solutions are crucial for managing large volumes of data and ensuring efficient network operations in data centers.

The enterprise segment is expected to grow at the highest CAGR during the forecast period. This segment encompasses industries such as IT & telecommunications, manufacturing, government & public sector, retail, BFSI (banking, financial services, and insurance), healthcare & life sciences, education, energy & utilities, and media & entertainment. The rising demand for intent-based networking solutions and the increasing deployment of automation technologies in these industries are expected to fuel the segment's growth.

Geographic Insights
Geographically, the intent-based networking market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is projected to hold the largest share, accounting for 37% of the market. The region's dominance can be attributed to the established sales networks for network automation solutions, increased initiatives toward network automation by service providers, and the growing demand for automated IT and data center infrastructures.

Meanwhile, the Asia-Pacific region is poised to register the highest CAGR, with an anticipated growth rate of 11% during the forecast period. The increasing deployment of Software-Defined Networking (SDN) and Network Functions Virtualization (NFV) by enterprises, as well as the rising demand for value-added network services, are key drivers of growth in this region.

Key Players

The key players operating in the global intent-based networking market are Arista Networks, Inc. (U.S), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc (U.S.), Fortinet, Inc. (U.S.), VMware, Inc. (U.S.), Hewlett Packard Enterprise Company (U.S.), Nokia Corporation (Finland), Huawei Technologies Co., Ltd. (China), IBM Corporation(U.S.), Anuta Networks International LLC (U.S.), NetBrain Technologies, Inc. (U.S.), Forward Networks, Inc. (U.S.), Gluware, Inc. (U.S.), NetYCE BV (Netherlands), AppViewX (U.S.), and Itential (U.S.).

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Key questions answered in the report-

Which are the high-growth market segments in terms of offering, deployment mode, organization size, application, and end user?
What is the historical market for intent-based networking across the globe?
What are the market forecasts and estimates for the period of 2024-2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the global intent-based networking market?
Who are the major players in the global intent-based networking market, and what are their market shares?
How is the competitive landscape?
What are the recent developments in the global intent-based networking market?
What do the major players in the market adopt the different strategies?
What are the geographic trends and high-growth countries?
Who are the emerging players in the global intent-based networking market, and how do they compete with the other players?

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