What Factors Propelled The Growth Of The Intent-Based Networking (IBN) Market In The Past?
The intent-based networking (ibn) market has seen considerable growth due to a variety of factors.
• The market for intent-based networking (IBN) has seen a significant expansion in the past few years. The market size is expected to increase from $1.77 billion in 2024 to $2.27 billion in 2025, indicating a compound annual growth rate (CAGR) of 28.8%. Factors such as previous tech disruptions, the competitive environment, education and awareness, fluctuations in industry demand, and network complexity have contributed to this growth in the historic timeframe.
How Will the Intent-Based Networking (IBN) Template Market?
The Intent-Based Networking (IBN) market is expected to maintain its strong growth trajectory in upcoming years.
• The market size for intent-based networking (IBN) is predicted to witness significant expansion in the forthcoming years. The estimate is that it will escalate to $6.4 billion by 2029, growing at a compound annual growth rate (CAGR) of 29.5%.
This upward growth during the forecasted period can be credited to swift technological advancement, sector-specific needs, increased consciousness and knowledge, and market competition dynamics. Key trends during this forecasted period are anticipated technological upheavals, requirements for agility and adaptability, the progression of edge computing, transitioning to the cloud, and scalability prerequisites.
Which Factors Are Boosting Growth In The Intent Based Networking IBN Market?
The intent-based networking market is projected to expand with the rising number of IoT devices. These devices are unconventional computing devices that have the ability to wirelessly connect to a network and deliver data. Intent-based networking assists in network management, considering not only the technologies used, but also the IT systems, personnel, data, and services that back up IT operations. A report from Ericsson, a telecom company based in Sweden, in November 2022 indicated that broadband IoT (4G/5G) – which links most cellular IoT devices – hit 1.3 billion connections in 2022. By the close of 2028, it is predicted that about 60% of cellular IoT connections will be connected by broadband IoT, with 4G being the primary connector. Currently leading in cellular IoT connections, North East Asia is slated to exceed 2 billion connections in 2023. Hence, the growth of the intent-based networking market is being propelled by the surge in IoT devices.
What Key Areas Define The Segmentation Of The Global Intent Based Networking IBN Market?
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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How Are Emerging Trends Reshaping The Dynamics Of The Intent Based Networking IBN Market?
The key trend gaining traction in the intent-based networking market revolves around technological innovations. Major players in this market are introducing cutting-edge technologies to solidify their market standing. A prime example is NetBrain Technologies Inc., a US-based firm specializing in intent-based network automation and visibility solutions. In February 2022, they unveiled the new Problem Diagnosis Automation System (PDAS). This platform stands out for its patented network intent technology that lets operations express network intent without needing to write a single line of code specifying and enforcing baseline intentions. The Problem Diagnosis Automation System (PDAS) is specially engineered to drastically reduce the time it takes to identify network problems and prevent disruptions resulting from human errors.
Who Are the Key Players In The Intent Based Networking IBN Market?
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.
What Is The Most Dominant Region In The Intent Based Networking IBN Market?
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
