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Intent-Based Networking (IBN) Market

Intent-Based Networking (IBN) Market Size, Share & Trends Analysis Report

Intent-Based Networking (IBN) Market Size By Product Type (On-Premise, Cloud-Based), By Application (IT And Telecom, BFSI, Healthcare, Manufacturing, Government And Defense, Others) Forecast 2021-2027

Published
Report ID : BMRC 1295
Number of pages : 300
Published Date : Nov 2022
Category : Technology And Media
Delivery Timeline : 48 hrs

Intent-based Networking (IBN) Market is valued at USD 434.50 million in 2018 and expected to reach USD 4814.19 million by 2025 with the CAGR of 41.64% over the forecast period.

Intent-based Networking (IBN) Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027.  Growing demand for reducing network downtime and increased adoption of virtual and Software-defined Networking (SDN) are some of the primary factors driving the growth of global intent-based networking (IBN) market.

Scope of Intent-based Networking (IBN) Market-

Intent-based Networking (IBN) is a form of network administration that incorporates artificial intelligence (AI), network orchestration and machine learning (ML) to automate administrative tasks across a network. Intent-based networking and software-defined networking (SDN) are related in many aspects. It offers a significant shift from traditional networking. The IBN system is similar to software defined networking, wherein enterprise hardware is logically separated from software network.  IBN process flow includes an enterprise’s intent communication to IBN via networking hardware such as router and switches, series of commands, and dedicated IBN APIs. IBN system is network system-oriented management, virtualized and programmable physical infrastructure and API based. It ability for awareness of network state, that it gathers the data from the network to monitor the network efficiency continuously.

Intent-based Networking (IBN) market report is segmented on the basis of product type, application and by regional & country level. Based upon product type, Intent-based Networking (IBN) market is classified into on-premise and cloud-based. Based upon application, Intent-based Networking (IBN) market is classified into IT and telecom, BFSI, healthcare, manufacturing, government and defense and others.

The regions covered in this Intent-based Networking (IBN) market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Intent-based Networking (IBN) is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

Intent-based Networking (IBN) Companies:

Intent-based Networking (IBN) market report covers prominent players are,

  • Cisco Systems
  • Apstra
  • Forward Networks
  • Huawei Technologies
  • Anuta Networks
  • Fortinet
  • Cerium Networksl
  • Altran Technologies
  • A10 Networks
  • Avi Networks (VMware)
  • Pluribus Networks
  • Indeni
  • Mode Group (Waltz Networks)
  • Veriflow Systems
  • Intentionet and Juniper Networks

Cisco brought intent-based networks to the data center

News: Jan 31, 2018, Cisco announced that it has taken its intent-based network (IBN) system to the data center. Cisco’s solution works as a closed-loop system where the data from the network is together and then examined to turn intent into instructions that can be composed. To achieve that, Cisco’s IBNS needs two components: translation to capture intent, translate it into policy, and check integrity, and activation to orchestrate the policies and configure the systems.

Intent-based Networking (IBN) Market Dynamics –

The global Intent-based Networking (IBN) market is witnessing substantial growth due to increasing security concerns related to data breach over the network. The intent-based networking solutions automatically detect the issues and works according to the instructions provided by the administrator, by reducing the vulnerability. Data breaches are becoming more and more common and some of the most recent data breaches have been the largest on record to date
According to the Security Intelligence report, the average cost of a data breach is $3.92 million as of 2019. Additionally World Economic Forum repot, as of 2019, cyber-attacks are considered among the top five risks to global stability. For instance, according to the Identity Force report, On January 16, 2019, a flaw within the popular video game Fortnight exposed players to being hacked. The game has 200 million users international, 80 million of whom are active each month. However, significant initial capital investment is anticipated to hinder the market growth in the near future. Furthermore, enterprises digitalization is also projected to create various revenue generation opportunities for IBN system providers across domestic and a high-level emphasis on network security will ensure constant monitoring creating new growth opportunities for the market.

Intent-based Networking (IBN) Market Regional Analysis –

North America is dominating the Intent-based Networking (IBN) market with the potential rate due to continuous research and development for the IBN and new development of products. According to the US - Market Research Report, over the five years to 2020, revenue for the Scientific Research and Development industry has increased at an annualized rate of 5.1% to $170.8 billion. The federal government is a source for more than one-half total industry revenue; therefore, changes in federal funding levels greatly affect industry revenue. . Research in the health and life sciences is also forecast to increase due to growing interest in new and innovative technology, such as nanotechnology, supporting industry growth.

The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period due to the increasing number of IoT devices and growing digitalization in this region, enabling enterprises to adopt new network technologies. According to IDC, 60 percent of Asia’s top 1,000 enterprises will have placed digital transformation at the center of their corporate strategies by the end of 2017, with the majority creating an independent position (think Chief Digital Officer) to oversee the implementation of their digital transformation strategy. Additionally, IDC estimates that, by 2020, initiatives following digital transformation strategies will more than double their software development abilities, and in 2018, 35 percent of IT incomes will be spent on supporting the making of new digital expenses streams. Organizations are expected to spend up to 30 percent of their IT budget on risk, security, and compliance by 2017.

  Report Coverage

Report Analysis Details
Historical data 2015 - 2020
Forecast Period 2021 - 2027
Market Size in 2020: USD 434.50 million 
Base year considered 2020
Forecast Period CAGR %: 41.64 %
Market Size Expected in 2027: USD 4814.19 million 
Tables, Charts & Figures: 175
Pages 200
Key Players/Companies
Cisco Systems, Apstra, Forward Networks, Huawei Technologies, Anuta Networks, Fortinet, Cerium Networksl, Altran Technologies, A10 Networks, Avi Networks (VMware), Pluribus Networks, Indeni, Mode Group (Waltz Networks), Veriflow Systems, Intentionet and Juniper Networks.
Segments Covered By Product Type, By Application
Regional Analysis North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits for Intent-based Networking (IBN) Market Reports –

Global Market report covers in depth historical and forecast analysis.

Global Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.

Global Market report helps to identify opportunities in market place.

Global Market report covers extensive analysis of emerging trends and competitive landscape.

Intent-based Networking (IBN) Market Segmentation –

By Product Type:

  • On-Premise
  • Cloud-based

By Application:

  • IT and Telecom
  • BFSI
  • Healthcare
  • Manufacturing
  • Government and Defense
  • Others

Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa 

SUMMARY
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Segmentation
Segments

By Product Type:

  • On-Premise
  • Cloud-based

By Application:

  • IT and Telecom
  • BFSI
  • Healthcare
  • Manufacturing
  • Government and Defense
  • Others
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA
Company
Key Players
  • Cisco Systems
  • Apstra
  • Forward Networks
  • Huawei Technologies
  • Anuta Networks
  • Fortinet
  • Cerium Networksl
  • Altran Technologies
  • A10 Networks
  • Avi Networks (VMware)
  • Pluribus Networks
  • Indeni
  • Mode Group (Waltz Networks)
  • Veriflow Systems
  • Intentionet and Juniper Networks

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