Global Intent-Based Networking (IBN) Market Segments 2024, Forecast To 2033
5 Mar, 2024
The intent-based networking (IBN) market has witnessed exponential growth, increasing from $1.38 billion in 2023 to $1.8 billion in 2024, with a 30.0% CAGR. The historic period's growth is attributed to past technological disruptions and increased network complexity. Expecting exponential growth, the market is projected to reach $4.94 billion in 2028 with a 28.7% CAGR, driven by rapid technological innovation and industry-specific requirements.
Global Intent-Based Networking (IBN) Market Key Driver
Intent-based networking market growth is driven by the increasing number of IoT devices. Over 10 billion IoT devices were in use in 2021, and projections indicate more than 25.4 billion by 2030. The growing number of IoT devices propels the intent-based networking market, as reported by Dataport.
Get A Free Sample Of The Global Intent-Based Networking (IBN) Market ReportGlobal Intent-Based Networking (IBN) Market Segments
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
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
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
Major Intent-Based Networking (IBN) Industry Players
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.
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AIOps Intent-Based Networking (IBN) Market Overview
Intent-based networking refers to a type of network administration that uses artificial intelligence, network orchestration, and machine learning to automate administrative operations across a network.
Intent-Based Networking (IBN) Global Market Report 2023 provides data on the global intent-based networking (ibn) market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The intent-based networking (ibn) market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.