Intent-Based Networking (IBN) Global Market Report 2024

Description

“Intent-Based Networking (IBN) Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on intent-based networking (bin) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Measure the impact of high global inflation on market growth.
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Where is the largest and fastest growing market for intent-based networking (bin)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The intent-based networking (bin) market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

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
Companies Mentioned: Cisco Systems Inc.; Forward Networks Inc.; Huawei Technologies Co. Ltd.; Anuta Networks Inc.; Cerium Networks Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Intent-based networking denotes a form of network administration employing artificial intelligence, network orchestration, and machine learning to automate administrative operations throughout a network.

The primary elements of intent-based networking consist of networking hardware components, software, and services. Networking hardware components encompass the physical or network devices essential for interaction and communication among hardware units within a computer network. These components are deployed through various models such as on-premise and cloud, catering to diverse applications in sectors such as healthcare, BFSI (Banking, Financial Services, and Insurance), IT and telecom, manufacturing, government and defense, among others.

The intent-based networking market research report is one of a series of new reports from The Business Research Company that provides intent-based networking market statistics, including intent-based networking industry global market size, regional shares, competitors with an intent-based networking market share, detailed Intent-based networking market segments, market trends and opportunities, and any further data you may need to thrive in the intent-based networking industry. This intent-based networking market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The intent-based networking (ibn) market size has grown exponentially in recent years. It will grow from $1.38 billion in 2023 to $1.8 billion in 2024 at a compound annual growth rate (CAGR) of 30.0%. The expansion observed in the historical period can be ascribed to previous technological disruptions, changes in the competitive landscape, efforts in education and awareness, shifts in industry demand, and the increasing complexity of networks.

The intent-based networking (ibn) market size is expected to see exponential growth in the next few years. It will grow to $4.94 billion in 2028 at a compound annual growth rate (CAGR) of 28.7%. The anticipated growth in the forecast period can be attributed to swift technological innovation, industry-specific demands, heightened awareness and education, and the dynamic dynamics of market competition. Significant trends expected in the forecast period encompass upcoming technological disruptions, the evolving need for agility and flexibility, the progression of edge computing, the trend towards cloud migration, and the increasing demand for scalability.

The growth of the intent-based networking market is anticipated to receive a significant boost from the increasing number of IoT devices. These devices, characterized as nonstandard computing devices with wireless connectivity, generate and provide data. Intent-based networking (IBN) plays a crucial role in managing networks by considering not only the employed technologies but also the entire ecosystem, including IT systems, people, data, and supporting services. As of 2021, Dataport reported that over 10 billion IoT devices were already in use, with a projection of surpassing 25.4 billion active IoT devices by 2030. The continuous rise in IoT devices, expected to make 152,200 connections to the internet every minute by 2025, is a driving force behind the growth of the intent-based networking market.

The intent-based networking market is poised for further expansion due to the escalating demand for cloud computing. Cloud computing, a technology model delivering computing services over the internet, enables users to access and utilize various computing resources without relying on local infrastructure. Integration of IBN with cloud computing enhances the overall efficiency, security, agility, flexibility, resource optimization, and manageability of network infrastructure. Exploding Topics reported that cloud infrastructure services generate approximately $178 billion annually as of October 2023. The increasing demand for cloud computing serves as a catalyst for the growth of the intent-based networking market.

Technological advancements stand out as a prominent trend in the intent-based networking market, with major companies developing innovative technologies to solidify their market positions. In February 2022, NetBrain Technologies Inc., a US-based provider of intent-based network automation and visibility solutions, introduced the Problem Diagnosis Automation System (PDAS). This system utilizes patented network intent technology, allowing operations to declare and enforce network intentions without coding. PDAS significantly reduces the time required to diagnose network issues and mitigates disruptions caused by human error.

Companies in the intent-based networking market are emphasizing innovative product offerings, such as the Apstra software platform's 4.0 version. This intent-based networking solution optimizes data center network operations through closed-loop automation and analytics. In May 2021, Juniper Networks Inc., a US-based networking product designer, launched the Apstra 4.0 software platform, supporting VMware NSX-T 3.0 and Enterprise SONiC. The platform simplifies the deployment and management of complex data center networks, providing flexibility and scalability as organizational needs evolve.

In November 2021, Cisco Systems, Inc., a US-based technology company, completed the acquisition of Replex, a Germany-based enterprise software company operating in the intent-based networking market. This strategic acquisition is expected to enhance Cisco's AppDynamics growth, leveraging Replex's product and engineering capabilities to advance and expand product functionalities for observing enterprise-scale, cloud-native environments.

Major companies operating in the intent-based networking (ibn) market report are Cisco Systems Inc., Forward Networks Inc., Huawei Technologies Co. Ltd., Anuta Networks Inc., Cerium Networks Inc., A10 Networks Inc., Arista Networks Inc., Indeni Ltd., Mode Group Inc., Juniper Networks Inc., Capgemini Engineering Ltd., Avi Networks Inc., Fortinet Inc., Altran Technologies SA, Nokia Corporation, Extreme Networks Inc., Apcela LLC, Veriflow Systems Inc., 128 Technology Inc., Plexxi 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

North America was the largest region in the intent based networking market in 2023. 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

The countries covered in the intent-based networking (ibn) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The intent-based networking market consists of revenues earned by entities by providing services such as enterprise network security, connectivity, data processing, and networking solutions for hybrid work. The market value includes the value of related goods sold by the service provider or included within the service offering. The intent-based networking market also includes sales of sensors, devices, optics and transceivers and user interface, which are used in providing intent-based networking services. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r11076

1. Executive Summary

2. Intent-Based Networking Market Characteristics

3. Intent-Based Networking Market Trends And Strategies

4. Intent-Based Networking Market - Macro Economic Scenario

4.1. Impact Of High Inflation On the Market
4.2. Ukraine-Russia War Impact On the Market
4.3. COVID-19 Impact On the Market

5. Global Intent-Based Networking Market Size and Growth

5.1. Global Intent-Based Networking Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Intent-Based Networking Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Intent-Based Networking Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Intent-Based Networking Market Segmentation

6.1. Global Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Networking Hardware Components
Software
Service
6.2. Global Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-premise
On cloud
6.3. Global Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Healthcare
BFSI
IT And Telecom
Manufacturing
Government And Defense
Other Applications

7. Intent-Based Networking Market Regional And Country Analysis

7.1. Global Intent-Based Networking Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Intent-Based Networking Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Intent-Based Networking Market

8.1. Asia-Pacific Intent-Based Networking Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Intent-Based Networking Market

9.1. China Intent-Based Networking Market Overview
9.2. China Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Intent-Based Networking Market

10.1. India Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Intent-Based Networking Market

11.1. Japan Intent-Based Networking Market Overview
11.2. Japan Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Intent-Based Networking Market

12.1. Australia Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Intent-Based Networking Market

13.1. Indonesia Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Intent-Based Networking Market

14.1. South Korea Intent-Based Networking Market Overview
14.2. South Korea Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Intent-Based Networking Market

15.1. Western Europe Intent-Based Networking Market Overview
15.2. Western Europe Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Intent-Based Networking Market

16.1. UK Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Intent-Based Networking Market

17.1. Germany Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Intent-Based Networking Market

18.1. France Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Intent-Based Networking Market

19.1. Italy Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Intent-Based Networking Market

20.1. Spain Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Intent-Based Networking Market

21.1. Eastern Europe Intent-Based Networking Market Overview
21.2. Eastern Europe Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Intent-Based Networking Market

22.1. Russia Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Intent-Based Networking Market

23.1. North America Intent-Based Networking Market Overview
23.2. North America Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Intent-Based Networking Market

24.1. USA Intent-Based Networking Market Overview
24.2. USA Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Intent-Based Networking Market

25.1. Canada Intent-Based Networking Market Overview
25.2. Canada Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Intent-Based Networking Market

26.1. South America Intent-Based Networking Market Overview
26.2. South America Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Intent-Based Networking Market

27.1. Brazil Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Intent-Based Networking Market

28.1. Middle East Intent-Based Networking Market Overview
28.2. Middle East Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Intent-Based Networking Market

29.1. Africa Intent-Based Networking Market Overview
29.2. Africa Intent-Based Networking Market, Segmentation By Component Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Intent-Based Networking Market, Segmentation By Deployment Model, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Intent-Based Networking Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Intent-Based Networking Market Competitive Landscape And Company Profiles

30.1. Intent-Based Networking Market Competitive Landscape
30.2. Intent-Based Networking Market Company Profiles
- 30.2.1. Cisco Systems Inc.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Forward Networks Inc.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Huawei Technologies Co. Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Anuta Networks Inc.
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Cerium Networks Inc
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Intent-Based Networking Market Competitive Benchmarking

32. Global Intent-Based Networking Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Intent-Based Networking Market

34. Intent-Based Networking Market Future Outlook and Potential Analysis

34.1 Intent-Based Networking Market In 2028 - Countries Offering Most New Opportunities
34.2 Intent-Based Networking Market In 2028 - Segments Offering Most New Opportunities
34.3 Intent-Based Networking Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer