Intent-Based Networking Market Future Trends, Business Growth, Size, Share, Segmentation, Dynamics and Forecast to 2027

Intent-based Networking (IBN) Market by Component (Solution, Services (Professional Services and Managed Services)), Deployment Type (Cloud and On-premises), Vertical (IT & Telecom, BFSI, Healthcare), Organization Size, & Region - Global Forecast to 2027.
The global intent-based networking market [https://www.marketsandmarkets.com/Market-Reports/intent-based-networking-ibn-market-16628271.html?utm_campaign=intentbasednetworkingibnmarket&utm_source=abnewswire.com&utm_medium=paidpr] is projected to expand from USD 0.8 billion in 2022 to USD 2.6 billion by 2027, with a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period. Key drivers of this market growth include the increasing demand for automation in network architecture, the need for more efficient connectivity solutions to manage growing network traffic, and the rising number of connected devices.

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Based on offering, the solution segment to hold a higher market share during the forecast period

The intent-based networking market is a solution-driven market. IBN solution plays an integral role in reducing the complexity of networks, as they enable enterprises to leverage the Graphical User Interface (GUI) for automating and enhancing the network configuration process. The reasons powering IBN automation forward are the intense desire to create an innovative and highly personalized customer experience and redesigning business models by leveraging advanced algorithms, GUI, and network visibility to enhance the efficiency of networks. An effective IBN solution must be multi-level, which should allow everything from virtual machines to management of systems to network discovery as required by an enterprise.

Based on organization size, the large enterprises segment to hold a higher market share during the forecast period

Large enterprises possess strong budget capabilities and are significantly investing in the adoption of the intent-based networking and associated services to manage their subscription base efficiently. The growth of the large enterprises segment is mainly governed by the increasing number of smart devices across large enterprises. Large enterprises are adopting IBN solutions and services to integrate and manage these large device numbers. IBN solutions and services ensure various business benefits, such as network operational efficiency, cost efficiency, and automated network management.

Based on vertical, the healthcare segment to grow at the highest growth rate during the forecast period

IBN has played a major part in the technological revamping of healthcare, whether it is integrating digital technology, advancing procedures, or introducing otherwise unthinkable competence and productivity. Eventually, this results in the patients receiving better services as staff hands are discharged from more administrative intensive work rather than the human-facing element of it. Thus, making patients handling procedures more productive and worthwhile. This can take various forms, such as improving patient satisfaction, improving medical practices, and integrating technology by propagating the healthcare system further into the future.

Based on regions, North America to hold the largest market size duringthe forecast period

North America is estimated to hold the highest share of the intent-based networking market in 2022, as it is likely to benefit from its technological advancements and its position as a developed region. The proliferation of connected devices, significant R&D investments in network infrastructure, and the presence of key market players such as IBM, Juniper Networks, HPE, and Cisco are some of the major factors driving the adoption of intent-based networking in North America. Due to the early adoption of trending technologies, such as IoT, cloud, AI, and 5G, North American organizations are keen to integrate networking technologies with their data center processes.

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Unique Features in the Intent-based Networking Market

A unique feature of this market is its rapid expansion due to the growing need for more advanced, intuitive networking solutions that allow networks to self-manage and optimize, which is a significant shift from traditional networking models.

Focus on Network Automation One of the standout features of the intent-based networking market is its emphasis on automation within network architecture. IBN allows networks to dynamically adjust based on business intents, making automation a crucial factor for managing complex, large-scale networks. This shift to automated, self-learning systems is a key driver of market growth, as organizations seek to minimize manual interventions and optimize network performance.

Handling Increased Connectivity and Device Growth Another defining feature of the IBN market is its ability to efficiently manage the increasing number of connected devices and the growing demand for robust connectivity. IBN enables networks to handle large-scale connectivity demands by using AI and machine learning to automate decision-making processes and predict network behaviors. This feature is critical as organizations grapple with the challenges of scaling their networks to support the explosive growth of IoT devices and other connected systems.

Improved Network Efficiency and Performance The market also stands out for its focus on improving network efficiency and performance. Intent-based networking provides real-time insights and analytics that allow for more efficient troubleshooting and optimization. By using intent-based systems, organizations can significantly reduce downtime and ensure that network resources are better utilized, leading to more reliable and high-performing network environments. This efficiency is a major differentiator for IBN solutions in a fast-evolving digital landscape.

Major Highlights of the Intent-based Networking Market

This growth highlights the increasing demand for advanced networking solutions that can autonomously manage, optimize, and respond to network demands, a key shift away from traditional network management practices.

Rising Demand for Network Automation A major highlight of the IBN market is the growing emphasis on network automation. Organizations are increasingly seeking solutions that enable networks to adapt and self-optimize in real time, reducing the need for manual intervention. IBN's ability to automate network configuration and management based on business objectives is a driving force behind its widespread adoption.

Managing Increased Connectivity and Device Proliferation Another highlight of the IBN market is its capacity to handle the growing number of devices and the rising demand for efficient connectivity. As the number of connected devices, including IoT, continues to increase, intent-based networking offers a solution to manage and optimize these large-scale, complex networks with greater ease and intelligence.

Enhanced Network Efficiency and Performance The IBN market is also characterized by its focus on improving network efficiency and performance. By leveraging AI and machine learning, intent-based networking provides predictive analytics and real-time insights, enabling proactive network optimization. This leads to reduced downtime, faster troubleshooting, and overall better resource utilization, making IBN a highly attractive option for businesses aiming for enhanced network reliability and performance.

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Top Companies in the Intent-based Networking Market

The major intent-based networking companies include Cisco (US), Juniper Networks (US), IBM (US), Huawei (China), HPE (US), Nokia (Finland), Wipro (India), Gluware (US), Forward Networks (US), NetBrain Technologies (US), Frinx (Slovakia), and Indeni (US).

These players have adopted various growth strategies in the intent-based networking market. Agreements, collaborations, and partnerships, and new product launches and enhancements have been the most dominating strategies adopted by major players from 2021 to 2023, which helped them innovate their offerings and increase their customer base.

Cisco:

Cisco is one of the leading vendors that provide intent-based networking solutions. Intent-based networking built on Cisco DNA takes a software-delivered approach to automating and assuring services across the WAN and campus and branch networks of users. Cisco's one of the product categories-secure agile networks-has generated the revenue of USD 23.8 billion in fiscal year 2022. The company has a wide product portfolio for intent-based networking management and automation. The R&D investments of the company are applied generally to all product areas, with specific areas of focus being identified regularly. The company's recent areas of increased focus include intent based networking technologies, security, and analytics products. The company also focuses on acquisitions and partnerships to achieve business growth and increase in intent-based networking category. In the year 2021, the company acquired IMImobile, Socio Labs, and Kenna Security to improve its product portfolio.

Juniper Networks:

Juniper Networks provides enterprise networking solutions that transform the network experience of users with resilient, closed-loop, and intent-driven automation powered by AI and ML. The company also focuses on launching intent-based networking products regularly. Juniper Networks provides intent-based networking solutions that transform the network experience of users with resilient, closed-loop, and intent-driven automation powered by Artificial Intelligence (AI) and Machine Learning (ML). Juniper Networks has entered into strategic acquisitions and partnerships with strong players, which would help it to expand its product portfolio and distribution networks in several markets. Juniper Networks has emerged as a key player for intent-based networking services and solutions. In addition, Juniper Networks has global operations and earns its revenue from multiple regions, including Americas, EMEA, and APJC. The company also focuses on acquisitions and partnerships to achieve business growth and increase in intent-based networking. For instance, Juniper Networks acquired Netrounds in September 2020, enabling Juniper to fully automate the complexities of testing. In the year 2021, the company acquired Apstra and partnered with Indonet; it acquired WiteSand in 2022, thus increasing its product portfolio. Also, Juniper Networks partnered with Anuta Networks in June 2020 to deliver advanced intent-based networking.

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