REDDING, Calif., July 30, 2024 /PRNewswire/ -- According to a
new market research report titled, 'Intent-based
Networking Market by
Offering, Deployment Mode, Organization Size, Application (Network
Automation & Orchestration, Policy Enforcement & Security,
Network Monitoring & Analytics), End User, and Geography -
Global Forecast to 2031,' the intent-based networking
market is expected to reach $8.9 billion by
2031, at a CAGR of 23.9% from 2024 to 2031.
Download Sample Report Now-
https://www.meticulousresearch.com/download-sample-report/cp_id=5593
Intent-based networking (IBN) is a software-enabled automation
technique that uses advanced intelligence, analytics, and
orchestration to improve network performance and reliability. It is
an emerging technology expected to replace manual network
configuration and issue resolution processes with a higher level of
intelligence and intended state. IBN uses artificial intelligence
and machine learning to prescribe and execute routine tasks,
establish policies, respond to system events, and ensure that goals
and actions are met.
Intent-based networking is a declarative network operation
model. It differs from usual imperative networking, which requires
network engineers to specify the sequence of activities required on
specific network nodes, resulting in a high potential for
error.
The intent-based networking market is expanding due to
increasing network complexity, increased need for network agility
and efficiency, and a growing requirement for Zero-touch
Provisioning (ZTP) and unified network visibility. However, the
absence of standardization hinders the growth of this market.
The integration of networking with Artificial Intelligence (AI)
and Machine Learning (ML) technologies is poised to transform the
intent-based networking business, creating significant growth
potential. However, the challenges of deploying and integrating
these solutions present a substantial impediment to market
growth.
Get a Glimpse Inside: Request Sample Pages-
https://www.meticulousresearch.com/request-sample-report/cp_id=5593
The global intent-based networking market is segmented by
offering (solutions and services), deployment mode (on-premise
deployment and cloud-based deployment), organization size
(large enterprises and small & medium-sized enterprises),
application (network automation & orchestration, policy
enforcement & security, dynamic network optimization, network
monitoring & analytics, and network policy compliance &
governance), end user (CSPs, data centers, and enterprises (IT
& telecommunications, manufacturing, government & public
sector, retail, BFSI, healthcare and life sciences, education,
energy and utilities, media & entertainment, and other end-use
industries), and geography (Asia-Pacific, Europe, North
America, Latin America, and
the Middle East & Africa). This study also evaluates industry
competitors and analyzes the market at the country and regional
levels.
Based on offering, the global
intent-based networking market is segmented into solutions and
services. In 2024, the solutions segment is expected to account for
a larger share of around 60% of the intent-based networking
market. The growth of this segment is attributed to the increasing
R&D investments and rising demand for dynamic connectivity
among communication service providers.
However, the services segment is estimated to register the
highest CAGR during the forecast period. This segment's rapid
growth is driven by enterprises' growing requirements for network
integration and key market players' emphasis on providing advanced
network automation professional services.
Have Specific Research Needs? Request a Customized
Report-
https://www.meticulousresearch.com/request-customization/cp_id=5593
Based on deployment mode, the global intent-based
networking market is broadly segmented into on-premise
deployment and cloud-based deployment. In 2024, the on-premise
deployment segment is expected to account for the larger share
of 64% of the intent-based networking market. This segment's
growth is attributed to the high acceptance of intent-based
networking among large enterprises, the rising demand for
comprehensive network security and control, the increasing
deployment of network automation solutions across on-premises data
centers, and the growing demand for custom configurations to suit
organizations' unique requirements. The advantages of on-premise
deployment of intent-based networking include higher network
visibility, decreased manual configuration tasks, improved network
security, better compliance with business objectives, and increased
network efficiency and reliability.
However, the cloud-based deployment segment is poised to
register the highest CAGR during the forecast period. This
segment's rapid growth is driven by organizations' growing need to
handle complex network requirements while lowering infrastructure
startup and operational costs, as well as their increased
investments in network infrastructure expansion through cloud
deployments.
Based on organization size, the global intent-based
networking market is segmented into large and small &
medium-sized enterprises. In 2024, the small & medium-sized
enterprises segment is expected to account for the larger share of
the intent-based networking market. This segment's growth is
attributed to the SMEs' rising need to create agile, secure, and
efficient work environments and the growing demand for intent-based
networking solutions among SMEs operating in the education, retail,
healthcare, manufacturing, government, and manufacturing
sectors.
Moreover, this segment is also expected to record a higher CAGR
during the forecast period.
Based on application, the global intent-based
networking market is segmented into network automation &
orchestration, policy enforcement & security, dynamic network
optimization, network monitoring & analytics, and network
policy compliance & governance. In 2024, the network monitoring
& analytics segment is expected to account for the largest
share of around 36% of the Intent-based networking market.
This segment's growth is attributed to organizations' increasing
use of network monitoring to identify and resolve issues quickly,
growing demand for network monitoring tools, demand for improved
overall network security, and demand for highly reliable and
scalable network monitoring solutions.
However, the network automation and orchestration segment is
estimated to record the highest CAGR during the forecast period.
This segment's growth is driven by a growing demand for safe and
smart healthcare systems with intent-based networking technology, a
growing need to detect and identify old hardware, compliance
issues, and storage issues, and the increasing need for zero-touch
provisioning and unified network visibility.
Based on end user, the global intent-based
networking market is broadly segmented into CSPs, data centers, and
enterprises. In 2024, the data centers segment is expected to
account for the largest share of around 42% of the global
intent-based networking market. The growth of this segment is
attributed to the data centers' growing need to automate routine
workflows and processes, reduce repetitive/mundane tasks, speed up
processes, and drive down overheads, and the increasing deployment
of network automation solutions among data centers.
However, the enterprises segment is expected to record the
highest CAGR during the forecast period. The enterprises segment is
further sub-segmented into IT & telecommunications,
manufacturing, government & public sector, retail, BFSI,
healthcare & life sciences, education, energy & utilities,
media & entertainment, and other end-use industries. This
segment's rapid growth is driven by the rising demand for
intent-based networking solutions and increasing deployments of
network automation solutions across enterprises.
Based on geography, the intent-based networking
market is segmented into North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the
largest share of around 37% of the intent-based networking
market. This region's large market share is attributed to an
established sales force for network automation solutions, service
providers' initiatives towards network automation, and increasing
demand for data center and IT infrastructure automation.
Moreover, Asia-Pacific is
anticipated to register the highest CAGR of 11% during
the forecast period. The increasing deployment of SDN and NFV by
enterprises and rising demand for a broad range of value-added
network services are the major factors contributing to the market's
growth.
The key players operating in the global intent-based networking
market are Arista Networks, Inc. (U.S), Cisco Systems, Inc. (U.S.),
Juniper Networks, Inc (U.S.), Fortinet, Inc. (U.S.), VMware, Inc.
(U.S.), Hewlett Packard Enterprise Company (U.S.), Nokia
Corporation (Finland), Huawei
Technologies Co., Ltd. (China),
IBM Corporation(U.S.), Anuta Networks International LLC (U.S.),
NetBrain Technologies, Inc. (U.S.), Forward Networks, Inc. (U.S.),
Gluware, Inc. (U.S.), NetYCE BV (Netherlands), AppViewX (U.S.), and Itential
(U.S.).
Browse In-depth Report Now-
https://www.meticulousresearch.com/product/intent-based-networking-market-5593
Scope of the Report:
Intent-based Networking Market Assessment—by
Offering
Intent-based Networking Market Assessment—by
Deployment Mode
- On-premise Deployment
- Cloud-based Deployment
Intent-based Networking Market Assessment—by
Organization Size
- Small & Medium-sized Enterprises
- Large Enterprises
Intent-based Networking Market Assessment—by
Application
- Network Monitoring & Analytics
- Dynamic Network Optimization
- Network Automation & Orchestration
- Policy Enforcement & Security
- Network Policy Compliance & Governance
Intent-based Networking Market Assessment—by End
User
- Data Centers
- Enterprises
- BFSI
- IT & Telecommunications
- Media & Entertainment
- Manufacturing
- Healthcare & Life Sciences
- Retail
- Government & Public Sector
- Education
- Energy & Utilities
- Other End-Use Industries
- CSPs
Intent-based Networking Market Assessment—by
Geography
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Indonesia
- Australia & New Zealand
- Rest of Asia-Pacific
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Netherlands
- Rest of Europe
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Israel
- Rest of Middle East &
Africa
Unlock Opportunities: Buy Now-
https://www.meticulousresearch.com/Checkout/53537662
Related Reports:
Network Security Firewall Market by Type (Unified Threat
Management, Next-generation Firewall), Component (Solution,
Services), Deployment (On-premise, Cloud), Industry Size (SME,
Large Enterprises), and Geography - Global Forecast to 2025
Managed Network Services Market by Service Type, Organization
Size, Deployment Mode, Industry Vertical (BFSI, Retail &
E-commerce, IT & Telecommunications, Manufacturing, Government,
and Education), and Geography - Global Forecast to 2030
Software-Defined Wide Area Network (SD-WAN) Market by Component,
Organization Size, Deployment Mode, End User (Communication Service
Providers, Data Centers, and Enterprises), and Geography—Global
Forecast to 2029
About Meticulous Research®
Meticulous Research® was founded in 2010 and
incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a
private limited company under the Companies Act, 1956. Since its
incorporation, the company has become the leading provider of
premium market intelligence in North
America, Europe,
Asia-Pacific, Latin America, and the Middle East & Africa.
The name of our company defines our services, strengths, and
values. Since the inception, we have only thrived to research,
analyze, and present the critical market data with great attention
to details. With the meticulous primary and secondary research
techniques, we have built strong capabilities in data collection,
interpretation, and analysis of data including qualitative and
quantitative research with the finest team of analysts. We design
our meticulously analyzed intelligent and value-driven syndicate
market research reports, custom studies, quick turnaround research,
and consulting solutions to address business challenges of
sustainable growth.
Contact:
Mr. Khushal Bombe
Meticulous Market Research Inc.
1267 Willis St, Ste 200 Redding,
California, 96001, U.S.
USA: +1-646-781-8004
Europe: +44-203-868-8738
APAC: +91 744-7780008
Email- sales@meticulousresearch.com
Visit Our Website: https://www.meticulousresearch.com/
Connect with us on LinkedIn-
https://www.linkedin.com/company/meticulous-research
Content Source:
https://www.meticulousresearch.com/pressrelease/826/intent-based-networking-market-2031
Logo:
https://mma.prnewswire.com/media/1757980/Meticulous_Research_Logo_1.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/intent-based-networking-market-to-be-worth-8-9-billion-by-2031---exclusive-report-by-meticulous-research-302208747.html