Intent Based Networking Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 2.01 Billion |
| Market Size (2029) | USD 5.72 Billion |
| CAGR (2024 - 2029) | 23.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Intent Based Networking Market Analysis
The Intent Based Networking Market size is estimated at USD 2.01 billion in 2024, and is expected to reach USD 5.72 billion by 2029, at a CAGR of 23.25% during the forecast period (2024-2029).
- The intent-based networking (IBN) market is witnessing swift expansion, fueled by the growing intricacy of networks and the pressing demand for automation and efficiency in their management. IBN systems, by automating network configurations in line with overarching business policies, drastically minimize the need for manual intervention and the associated risk of errors. Such automation not only boosts operational efficiency but also ensures that network performance is in sync with business goals.
- Advancements in modern network orchestration systems have paved the way for commercial intent-based networks, especially for mission-critical and large-scale deployments. These networks have the capability to condense the service delivery timeline from days or weeks down to mere minutes, while also adeptly tackling operational challenges post-infrastructure deployment.
- Providers like Juniper's Apstra System offer a cohesive solution that integrates intent-based networking with analytics. This approach streamlines the design, construction, deployment, and management of data center networks, all the while ensuring the network consistently aligns with the desired business outcomes.
- IBN boasts the potential to halve the frequency and duration of outages and can expedite the deployment of network infrastructure for business executives by a staggering 90%. Furthermore, IBN guarantees compatibility and adaptability in network management, seamlessly operating across devices from diverse sources.
- The burgeoning realm of cloud computing is propelling the uptake of IBN, as businesses increasingly demand networking solutions that are both scalable and adaptable, especially in hybrid and multi-cloud settings. Moreover, small and medium-sized enterprises (SMEs) are gravitating towards IBN, drawn by its cost-efficiency and its capacity to bolster agile operations without hefty initial investments.
- However, the journey to implement IBN isn't without its challenges. It demands substantial financial outlays, encompassing expenses for new hardware, software licenses, and potential upgrades to existing infrastructure. Such costs can pose significant hurdles, especially for budget-constrained SMEs.
- The global pandemic catalyzed a widespread shift to remote work, amplifying the demand for resilient network solutions tailored for distributed teams. This transition heightened the dependence on cloud-centric applications and services, underscoring the pivotal role of IBN in adeptly navigating network complexities.
Intent Based Networking Market Trends
Network Automation to Hold Significant Market Demand
- Intent-Based Networking (IBN) revolutionizes network management by harnessing automation and intelligence, particularly in settings with a dense concentration of connected devices.
- By the close of 2023, the world saw around 16.6 billion connected IoT devices. Projections suggest a 13% rise, bringing the total to 18.8 billion by the end of 2024. This surge is fueled by technological advancements, heightened enterprise adoption, and a move towards increasingly interconnected environments.
- The increasing complexity of managing vast numbers of connected devices necessitates advanced solutions like IBN that can automate configurations and ensure consistent policy enforcement across diverse environments. As the number of connected devices increases—driven by IoT, smart technologies, and remote work—traditional network management approaches struggle to keep pace. IBN simplifies the management of these devices by automating configurations and ensuring that policies are uniformly applied across diverse environments.
- The IT and Telecom sector is poised for significant growth. Within this sector, large enterprises and data-centric companies stand to benefit most from intent-based networking (IBN) for network automation. Given their intricate network infrastructures and evolving operational demands, these organizations find immense value in IBN for streamlining management, boosting automation, and ensuring scalability.
- Leveraging artificial intelligence and machine learning, intent-based networking prescribes and executes routine tasks, establishes policies, reacts to system events, and confirms the achievement of set goals. In February 2024, Ericsson unveiled AI-driven intent-based operations under its managed services umbrella, specifically the Ericsson Operations Engine. This strategic move aims to bolster the delivery of premium 5G services to both individual consumers and enterprise clients. Beyond merely suggesting and executing critical actions, the Ericsson Operations Engine guarantees the fulfillment of network intents and aids in evaluating solution alternatives through established strategies.
- With networks becoming increasingly intricate and organizations adapting to evolving business demands and technological shifts, the appetite for Intent-based Networking is set to skyrocket.
North America to Hold Significant Share
- North America's intent-based networking (IBN) market is witnessing robust growth, fueled by technological advancements and a rising demand for automated network management solutions. The region's mature technological landscape, home to major tech firms and service providers, bolsters this trend. The U.S. stands at the forefront, buoyed by a strong enterprise customer base and hefty IT infrastructure investments.
- As organizations embrace digital transformation, the sophisticated network management solutions offered by IBN become essential. The burgeoning cloud computing trend, especially hybrid environments, amplifies the demand for scalable, flexible, and automatically managed networking solutions.
- Additionally, North America is on the brink of a rapid 5G technology adoption surge. Ericsson's research forecasts a leap in 5G subscriptions from 260 million in 2023 to a staggering 420 million by 2028. This uptick in 5G adoption is anticipated to escalate the demand for advanced network services, further propelling the need for intent-based networking.
- In Canada, growth drivers include a surge in data centers, active R&D by industry giants like Cisco and Apstra, and government-led data management initiatives. Organizations are turning to IBN solutions to boost network agility, minimize manual tasks, and enhance operational efficiency.
- Furthermore, the ascent of technologies such as SaaS applications, network analytics, DevOps, and virtualization is driving North American users and businesses towards intent-based networking. Highlighting the innovation front, in September 2023, Juniper Networks, a leader in secure AI-driven networks, introduced its Juniper Apstra capabilities. These are designed to simplify the deployment and management of private data center infrastructures, emphasizing operator experience. Such advancements not only reinforce Apstra's dominance in intent-based networking and automated data center assurance but also empower private data centers.
Intent Based Networking Industry Overview
The Intent-Based Networking market is highly competitive and fragmented, primarily driven by the presence of major players. These key players employ strategies such as mergers, acquisitions, and product innovations to maintain a competitive edge and broaden their global footprint. Key player include Cisco Systems, Inc., Juniper Networks, Inc., IBM Corporation and others.
Intent-Based Networking represents a transformative shift in how networks are managed, moving from manual configurations to automated systems that align closely with business objectives. As organizations continue to embrace digital transformation, IBN will play a critical role in enhancing operational efficiency, security, and overall network performance.
Intent Based Networking Market Leaders
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Cisco Systems, Inc.
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Juniper Networks, Inc.
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IBM Corporation
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Hewlett Packard Enterprise (HPE)
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Huawei Technologies Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
Intent Based Networking Market News
- September 2024: Juniper Networks, a leader in secure, AI-Native Networking, announced several new and unique enhancements to its data center assurance capabilities, driving exceptional user experiences through increased network visibility, analysis, and automation. The Juniper data center networking solution, which is the most flexible to design and easiest to manage, now incorporates new cloud-hosted services that leverage AI for networking to deliver enhanced insights into application behaviors, both traditional and emerging AI workloads, for ongoing optimization and rapid troubleshooting.
- June 2024: Accenture has agreed to acquire Fibermind, an Italy-based network services company, specializing in fiber and mobile 5G networks deployment, as well as infrastructure engineering services. The acquisition will strengthen Accenture’s capabilities in the domain and extend network services to clients across multiple industries, including telecommunications, utilities, and transportation.
Intent Based Networking Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Consumers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Industry Value Chain Analysis
4.4 Assessment of Impact of macroeconomic trends
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Demand for Network Automation
5.1.2 Increasing Network Complexity
5.2 Market Restraints
5.2.1 High Initial Investment Costs
6. MARKET SEGMENTATION
6.1 By Component
6.1.1 Hardware
6.1.2 Software
6.1.3 Services
6.2 By Deployment
6.2.1 Cloud
6.2.2 On-Premises
6.3 By End-users
6.3.1 IT and Telecom
6.3.2 BFSI
6.3.3 Government
6.3.4 Manufacturing
6.3.5 Healthcare
6.3.6 Other End-users
6.4 By Geography***
6.4.1 North America
6.4.2 Europe
6.4.3 Asia
6.4.4 Australia and New Zealand
6.4.5 Latin America
6.4.6 Middle East and Africa
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Cisco Systems, Inc.
7.1.2 Juniper Networks, Inc.
7.1.3 IBM Corporation
7.1.4 Hewlett Packard Enterprise (HPE)
7.1.5 Huawei Technologies Co., Ltd.
7.1.6 Nokia Corporation
7.1.7 Extreme Networks, Inc.
7.1.8 Dell Technologies, Inc.
7.1.9 Fortinet, Inc.
7.1.10 Palo Alto Networks, Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
Intent Based Networking Industry Segmentation
Intent-based networking is translating business intent into a network policy. Intent-based networking (IBN) is a form of network administration that uses machine learning and automation to plan, design, implement, and manage networks.
The intent based networking market is segmented by component (hardware, software, services), by deployment (cloud, on-premises), by end-users (IT and telecom, BFSI, government, manufacturing, healthcare, other end-users), by geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By Component | |
| Hardware | |
| Software | |
| Services |
| By Deployment | |
| Cloud | |
| On-Premises |
| By End-users | |
| IT and Telecom | |
| BFSI | |
| Government | |
| Manufacturing | |
| Healthcare | |
| Other End-users |
| By Geography*** | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America | |
| Middle East and Africa |
Intent Based Networking Market Research FAQs
How big is the Intent Based Networking Market?
The Intent Based Networking Market size is expected to reach USD 2.01 billion in 2024 and grow at a CAGR of 23.25% to reach USD 5.72 billion by 2029.
What is the current Intent Based Networking Market size?
In 2024, the Intent Based Networking Market size is expected to reach USD 2.01 billion.
Who are the key players in Intent Based Networking Market?
Cisco Systems, Inc., Juniper Networks, Inc., IBM Corporation, Hewlett Packard Enterprise (HPE) and Huawei Technologies Co., Ltd. are the major companies operating in the Intent Based Networking Market.
Which is the fastest growing region in Intent Based Networking Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Intent Based Networking Market?
In 2024, the North America accounts for the largest market share in Intent Based Networking Market.
What years does this Intent Based Networking Market cover, and what was the market size in 2023?
In 2023, the Intent Based Networking Market size was estimated at USD 1.54 billion. The report covers the Intent Based Networking Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Intent Based Networking Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Intent Based Networking Industry Report
Statistics for the 2024 Intent Based Networking market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Intent Based Networking analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
