Intent-Based Networking (IBN)
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Intent-Based Networking (IBN) Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for intent-based networking (IBN) has witnessed rapid expansion in the last few years. Its size will increase from $1.77 billion in 2024 to $2.27 billion in 2025, reflecting a compound annual growth rate (CAGR) of 28.8%. The surge during the historical period is a result of previous technological disruptions, a competitive market environment, advances in education and awareness, shifts in industry needs, and network complexity.
Intent-Based Networking (IBN) Market Size Forecast: What’s the Projected Valuation by 2029?
The market size of intent-based networking (IBN) is expected to witness substantial growth in the forthcoming years, with projections indicating it will reach $6.4 billion by 2029, expanding at a compound annual growth rate (CAGR) of 29.5%. This growth during the prediction timeframe is a result of accelerated technological advancements, industry-specific demands, increased understanding and education, as well as market competition dynamics. Key trends for the predicted period encompass upcoming technological disruptions, the need for agility and flexibility, advancements in edge computing, migration to the cloud, and the necessity for scalability.
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What Are the Drivers Transforming the Intent-Based Networking (IBN) Market?
The surge in the number of IoT — or Internet of Things — devices looks set to stimulate expansion in the intent-based networking market. These IoT devices are unconventional computing devices which can wirelessly link with a network and provide data. Intent-based networking enhances network management, considering not only the technologies in use, but also the crucial IT infrastructures, the people, the data, and the services underpinning IT operations. In particular, a November 2022 report by Sweden-based telecommunications firm Ericsson noted that broadband IoT (4G/5G), connecting the lion’s share of cellular IoT devices, reached 1.3 billion connections in 2022. It is predicted that by the closure of 2028, almost 60% of cellular IoT connections will be broadband IoT connections, largely via 4G. North East Asia is currently at the forefront in cellular IoT connections and, by 2023, is anticipated to exceed 2 billion connections. Therefore, the surge in IoT devices is promoting the expansion of the intent-based networking market.
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What Long-Term Trends Will Define the Future of the Intent-Based Networking (IBN) Market?
The intent-based networking market is increasingly being influenced by technological advancements. Many leading companies in the sector are pioneering new technologies to enhance their market presence. For instance, in February 2022, NetBrain Technologies Inc., a US-based enterprise specializing in intent-based network automation and visibility solutions, introduced the innovative Problem Diagnosis Automation System (PDAS). This system offers unique features including a patented network intent platform that enables operations to define network intent without needing to write a line of code that stipulates and maintains baseline intentions. The Problem Diagnosis Automation System (PDAS) is purpose-built to reduce the amount of time it takes to troubleshoot network problems and to circumvent disturbances arising from human error.
Which Segments in the Intent-Based Networking (IBN) Market Offer the Most Profit Potential?
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 Firms Dominate the Intent-Based Networking (IBN) Market by Market Share and Revenue in 2025?
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., NetCra*cker 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.
Which Regions Offer the Highest Growth Potential 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
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