Intent-Based Networking (IBN) Market Size
What combination of drivers is leading to accelerated 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.
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What is the projected compound annual growth rate (CAGR) of the intent-based networking (ibn) market from 2025 to 2034, and what factors influence it?
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.
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.
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How are the latest trends influencing the growth 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.
What are the major segments of the intent-based networking (ibn) market and their role in driving growth?
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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Which regions are key players in the growth of 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
Who are the key firms paving the way for growth 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.
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What Is Covered In The Intent-Based Networking (IBN) Global Market Report?
• Market Size Forecast: Examine the intent-based networking (ibn) market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the intent-based networking (ibn) market for a structured understanding.
• Key Players Overview: Analyze major players in the intent-based networking (ibn) market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the intent-based networking (ibn) market.
• Segment Contributions: Evaluate how different segments drive overall growth in the intent-based networking (ibn) market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the intent-based networking (ibn) market.
• Industry Challenges: Identify potential risks and obstacles affecting the intent-based networking (ibn) market.
• Competitive Landscape: Review strategic developments in the intent-based networking (ibn) market, including expansions, agreements, and new product launches.
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