Intent-Based Networking (IBN) Market Size Forecasted To Achieve $6.4 Billion By 2029 With Steady Growth

The Intent-Based Networking (IBN) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Intent-Based Networking (IBN) Market Size During the Forecast Period?
The market size of intent-based networking (IBN) has witnessed a significant increase over the past few years. It's expected to expand from its $1.77 billion valuation in 2024 to $2.27 billion in 2025, representing a compound annual growth rate (CAGR) of 28.8%. This impressive growth throughout the historical period can be attributed to several factors including previous technological disruptions, a competitive market environment, increased education and awareness, shifts in industry demand, and network complexity.

The market for intent-based networking (IBN) is anticipated to witness significant expansion in the coming years, with a projected value of $6.4 billion by 2029 and a compound annual growth rate (CAGR) of 29.5%. This surge across the forecast period can be attributed to speedy technological enhancements, unique industry needs, heightened comprehension and learning, and competitive market conditions. Dominant trends expected throughout the forecast period include impending technological upheavals, the necessity for agility and adaptability, the progression of edge computing, cloud transition, and the need for scalability.

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What Are the Major Segments in the Intent-Based Networking (IBN) Market?
The intent-based networking (IBN) market covered in this report is segmented -

1) By Component Type: Networking Hardware Components, Software, Service
2) By Deployment Model: On-premise, On cloud
3) By Application: Healthcare, BFSI, IT And Telecom, Manufacturing, Government And Defense, Other Applications

Subsegments:
1) By Networking Hardware Components: Routers, Switches, Access Points, Firewalls
2) By Software: Network Management Software, Analytics And Monitoring Software, Security Software, Automation Software
3) By Service: Consulting Services, Implementation Services, Managed Services, Support And Maintenance Services

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What Are The Driving Intent-Based Networking (IBN) Market Evolution?
The intent-based networking market is predicted to expand due to the rising count of IoT devices. These devices are non-traditional computing devices that wirelessly connect to a network and transmit data. Intent-based networking enhances network control by considering not just the technology used but also the IT infrastructures, personnel, data, and IT operation services. As an example, in November 2022, a study conducted by the Swedish telecommunications firm Ericsson stated that broadband IoT (4G/5G), responsible for connecting most cellular IoT devices, achieved 1.3 billion connections in the same year. By 2028, it's expected that almost 60% of internet-based IoT connections will be broadband IoT, with 4G contributing the most. North East Asia leads in cellular IoT connections, and it is projected to exceed 2 billion connections by 2023. Consequently, the swelling count of IoT devices is propelling the growth of the intent-based networking market.

Which Firms Dominate The Intent-Based Networking (IBN) Market Segments?
Major companies operating in the intent-based networking (IBN) market include Cisco Systems Inc., Forward Networks Inc., Huawei Technologies Co. Ltd., Anuta Networks Inc., A10 Networks Inc., Arista Networks Inc., Indeni Ltd., Juniper Networks Inc., Capgemini Engineering Ltd., Fortinet Inc., Nokia Corporation, Extreme Networks Inc., Apcela LLC, Veriflow Systems Inc., 128 Technology Inc., Netcracker Technology Corporation, Ciena Corporation, NEC Corporation, IBM Corporation, Hewlett Packard Enterprise Development LP, Dell Technologies Inc., Riverbed Technology Inc., Versa Networks Inc., Gluware Inc., VMware Inc.

What Trends Are Expected to Dominate the Intent-Based Networking (IBN) Market in the Next 5 Years?
The rise in technological innovations is a significant trend impacting the intent-based networking market. Leading firms in the market are introducing inventive technologies to solidify their market presence. To exemplify, NetBrain Technologies Inc., a company from the US specializing in intent-based network automation and visibility solutions, unveiled a unique Problem Diagnosis Automation System (PDAS) in February 2022. The standout features of this system are its patented network intent technology that enables operational declaration of network intent without the need for code writing that dictates and upholds baseline intentions. The Problem Diagnosis Automation System (PDAS) aims to drastically reduce the time needed to identify network problems and prevent disturbances due to human mistakes.

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Which Is The Largest Region In The Intent-Based Networking (IBN) Market?
North America was the largest region in the intent based networking market in 2024. Asia-Pacific is expected to be the intent based networking market report during the fastest-growing region in the forecast period. The regions covered in the intent-based networking (IBN) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Intent-Based Networking (IBN) Market?
2. What is the CAGR expected in the Intent-Based Networking (IBN) Market?
3. What Are the Key Innovations Transforming the Intent-Based Networking (IBN) Industry?
4. Which Region Is Leading the Intent-Based Networking (IBN) Market?

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