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Intent-based Networking (IBN) Market Analysis By Component (Hardware, Software, Services), By Deployment Mode (On premise, Cloud), By End User (Healthcare, BFSI, government and public sector, Retail and e-commerce, IT and telecommunications, Others) & Forecast 2024-2035

  • PUBLISHED ON
  • 4/6/2023
  • NO OF PAGES
  • 275
  • CATEGORY
  • Information Technology
Market Overview:
The global Intent-based Networking (IBN) Market size was valued at USD 1.56 billion in 2022, and is projected to reach USD 4.57 billion by 2032 at a CAGR of 28.5% from 2022 to 2032.
Intent-based networking (IBN) is a relatively new approach to network management that uses artificial intelligence (AI) and machine learning (ML) technologies to automate and optimize network operations. In an IBN system, the network administrator defines high-level business intent, such as ensuring high availability or optimizing application performance, and the system automatically configures and manages the network to achieve those goals. The Intent-based Networking (IBN) Market is expected to grow rapidly in the coming years, driven by the increasing complexity of modern networks, the need for better network visibility and control, and the growing adoption of cloud computing and virtualization technologies. One of the key trends in the Intent-based Networking (IBN) Market is the increasing adoption of AI and ML technologies. IBN systems use these technologies to analyze network data, detect anomalies, and automatically take corrective actions. As AI and ML technologies continue to improve, IBN systems are likely to become even more sophisticated and capable of managing increasingly complex networks.
Another trend in the Intent-based Networking (IBN) Market is the growing importance of security. IBN systems can help organizations to detect and respond to security threats more quickly and effectively by providing real-time visibility into network traffic and automating security policies and responses. As cyber threats continue to evolve, the ability to detect and respond to security incidents in real-time will become increasingly important, driving demand for IBN systems that can provide this capability. The adoption of cloud computing and virtualization technologies is also driving demand for IBN systems.
Growing complexity of networks in modern IT environments is propelling Intent-based Networking (IBN) Market growth.
As organizations continue to adopt cloud computing, mobile devices, and the Internet of Things (IoT), their networks become more complex and difficult to manage. Traditional networking approaches based on manual configurations and monitoring are no longer sufficient to keep up with the pace of change and ensure network security and performance. Intent-based networking addresses this challenge by using automation, machine learning, and artificial intelligence (AI) to manage network infrastructure based on business intent rather than manual configurations. This approach allows organizations to manage their networks at a higher level of abstraction, reducing the complexity and improving the efficiency and agility of their IT operations. As a result, the Intent-based Networking (IBN) Market is expected to experience significant growth in the coming years.
The increasing adoption of cloud computing and IoT technologies is expected to be a major driver of Intent-based Networking (IBN) Market growth. As more organizations move their applications and data to the cloud, they will require more efficient and automated network management solutions to ensure the security and performance of their networks. Similarly, the growth of IoT devices and applications is expected to drive demand for IBN solutions that can automate the management of large and complex networks of devices. Another key driver of the Intent-based Networking (IBN) Market is the need for improved network security. The increasing number and complexity of cyber threats means that organizations need more advanced network security solutions that can detect and respond to threats in real-time. IBN solutions can help organizations to proactively identify potential security risks and automate the response to them, reducing the risk of data breaches and other cyber-attacks.
Segmentation:
By Component
• Hardware
• Software
• Services
By Deployment Mode
• On premise
• Cloud
By End User
• Healthcare
• BFSI
• government and public sector
• Retail and e-commerce
• IT and telecommunications
• Others

Geography:
North America dominates the intent-based networking (IBN) market in terms of revenue and market share. The region has a large number of IBN vendors and early adopters of advanced networking technologies, such as cloud computing and IoT. The growing adoption of IBN solutions among large enterprises in the region is also contributing to the dominance of North America in Intent-based Networking (IBN) Market. North America held the largest share of the global intent-based networking market in 2020. The region is expected to continue to dominate Intent-based Networking (IBN) Market during the forecast period from 2021 to 2026. The report attributes this dominance to the presence of key players in the Intent-based Networking (IBN) Market, such as Cisco Systems, Juniper Networks, and Apcela, as well as the high level of adoption of IBN solutions among organizations in the region. The Asia Pacific region is expected to experience the highest growth rate in the Intent-based Networking (IBN) Market during the forecast period. The growing adoption of cloud computing and IoT technologies in countries such as China, Japan, and India is expected to drive the demand for IBN solutions in the region. Additionally, the increasing investment by governments in smart city initiatives is expected to create new opportunities for IBN vendors in the region.
Recent Development:
In 2020, the intent-based networking (IBN) market saw significant growth due to the increasing demand for network automation and the adoption of advanced networking technologies such as cloud computing and IoT. One of the major news in the Intent-based Networking (IBN) Market in 2020 was Cisco Systems' announcement of its new IBN platform, Cisco DNA Center. The platform provides advanced automation and security capabilities and aims to simplify network management for large enterprises. Another major development in the Intent-based Networking (IBN) Market in 2020 was the growing adoption of cloud-based IBN solutions. With the increasing adoption of cloud computing among organizations, cloud-based IBN solutions offer several benefits, including scalability, flexibility, and cost-effectiveness.
Impact of the Russia-Ukraine War on the global Intent-based Networking (IBN) Market:
The ongoing conflict between Russia and Ukraine has the potential to impact the intent-based networking (IBN) market in several ways. One of the major ways this conflict can impact Intent-based Networking (IBN) Market is through the disruption of the global supply chain. Many IBN vendors have operations in Russia or Ukraine, and disruptions to their supply chains could lead to delays in product delivery and higher costs. The conflict can also impact the demand for IBN solutions in the region. With the ongoing conflict, organizations in the affected regions may be hesitant to invest in new networking technologies, leading to a slowdown in the growth of the Intent-based Networking (IBN) Market in those areas. In addition, the conflict can also impact the global economy, which could have a ripple effect on the Intent-based Networking (IBN) Market. If the conflict escalates and leads to sanctions or other economic measures, this could impact the purchasing power of organizations and slow down the growth of the Intent-based Networking (IBN) Market.
Overall, the impact of the Russia-Ukraine conflict on the Intent-based Networking (IBN) Market is difficult to predict, and much will depend on the duration and severity of the conflict. However, it is likely that the conflict will have some impact on Intent-based Networking (IBN) Market, both in terms of supply chain disruptions and changes in demand for IBN solutions in the affected regions.
Company Profiles:
• Cisco Systems
• Juniper Networks
• Apcela
• Veriflow
• Forward Networks
• Apcela
• Anuta Networks
• Huawei Technologies
• Cumulus Networks
• Apcela
• VMware
• Arista Networks
• Extreme Networks
• Nokia Corporation
• Apcela.

Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

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The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

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Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


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The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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