Global Intent-Based Networking (IBN) Market Projected to Grow at 29.1% CAGR, Reaching $6.28 Billion by 2029

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What Will the Intent-Based Networking (IBN) Industry Market Size Be by 2025?
The market size of intent-based networking (ibn) has been expanding rapidly in the past few years. Expected to rise from $1.77 billion in 2024 to $2.26 billion in 2025, it has a predicted compound annual growth rate (CAGR) of 28.1%. The development during the historical phase can be associated with previous technological upheavals, the competition scenario, educational advancement and awareness, changes in the industry's demands, and the complexity of the network.

What's the Long-Term Growth Forecast for the Intent-Based Networking (IBN) Market Size Through 2029?
Projected developments within the intent-based networking (ibn) market point towards a steep upward trend in the coming years. The market valuation is likely to balloon to $6.28 billion by 2029, with a compound annual growth rate (CAGR) of 29.1%. The said expansion within the forecast period could be a resultant of factors like swift technological advancements, industry-specific needs, increased comprehension and education, as well as market rivalry dynamics. Key trends likely to shape the forecast period encompass upcoming technological disruptions, the need for agility and adaptability, development in edge computing, migration towards the cloud, and scalability needs.

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What Are the Key Growth Drivers Fueling the Intent-Based Networking (IBN) Market Expansion?
The surge in IoT devices is poised to fuel the expansion of the intent-based networking market. These IoT devices are unconventional computing devices that can wirelessly link to a network and supply data. Intent-based networking plays a critical role in network management by not only considering the technologies used, but also the underlying IT systems, personnel, data, and services that facilitate IT operations. For instance, as per Ericsson's report in November 2022, broadband IoT (4G/5G), which links to a majority of cellular IoT devices, has touched 1.3 billion connections in 2022. It further suggests that nearly 60% of cellular IoT connections are projected to be broadband IoT connections by the end of 2028, and 4G is expected to provide most of these connections. While North East Asia currently leads the way in cellular IoT connections, it is expected to cross 2 billion connections by 2023. Thus, the rising number of IoT devices is instrumental in driving the growth of the intent-based networking market.

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What Are the Key Trends Driving Intent-Based Networking (IBN) Market Growth?
In the intent-based networking market, technological advancement is an increasingly popular trend. Major players in this field are focusing on developing novel technologies to fortify their presence. For example, NetBrain Technologies Inc., an American company specialized in intent-based network automation and visibility solutions, unveiled their new Problem Diagnosis Automation System (PDAS) in February 2022. The PDAS is unique due to its patented network intent technology which allows for the declaration of network intent without needing to write any lines of code to define and enforce baseline intentions. It is purposefully designed to drastically cut down the time taken to diagnose network issues while also preventing human error-induced disruptions.

How Is the Intent-Based Networking (IBN) Market Segmented?
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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Which Companies Are Leading the Charge in Intent-Based Networking (IBN) Market Innovation?
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.

Which Regions Are Leading the Global Intent-Based Networking (IBN) Market in Revenue?
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

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