Intent-based Networking (IBN) Market by Component (Solution, Services (Professional Services and Managed Services)), Deployment Type (Cloud and On-premises), Vertical (IT & Telecom, BFSI, Healthcare), Organization Size, & Region - Global Forecast 2023 – 2030

Intent-based Networking (IBN) Market: Overview

The global Intent-based Networking Market size was stood at $0.8 billion in 2022 and is projected to grow at a CAGR of 25.9% to rise over $2.6 billion by the end of 2027.

Intent-based networking (IBN) is an emerging networking technology that utilizes artificial intelligence (AI) and machine learning (ML) to automate and optimize network management. IBN systems use a declarative approach to network configuration, where administrators specify the desired state of the network, and the system automatically configures the network to meet those specifications .The IBN market is being driven by several factors, including the increasing complexity of modern networks, the need for real-time network performance optimization, and the rising demand for cloud-based networking solutions. Additionally, the adoption of IBN is being fueled by the growing trend of remote work, which has led to an increase in network security concerns and the need for more agile and flexible network management solutions.

COVID-19 Impact:

With the implementation of lockdowns and social distancing measures, many organizations had to transition their workforce to remote work setups. This sudden shift created a surge in demand for networking solutions that could support a distributed workforce effectively. Intent-based Networking, with its ability to automate and optimize network operations, became more relevant than ever. As a result, the IBN market likely experienced increased demand during the pandemic. The pandemic forced businesses across industries to accelerate their digital transformation efforts to remain competitive and adapt to the changing landscape. Organizations needed agile and flexible network infrastructures to support digital initiatives, cloud adoption, and the increasing reliance on collaboration tools and cloud-based applications. Intent-based Networking, with its emphasis on automation and intelligence, offered a viable solution for organizations looking to modernize their networks, leading to potential growth in the IBN market. Supply Chain Disruptions: The global pandemic caused disruptions in the global supply chain, affecting the production and delivery of various technology components. These disruptions could have potentially impacted the availability and delivery of IBN solutions, leading to delays in deployments and affecting market growth to some extent.

Intent-based Networking (IBN) Market Drivers:

IBN simplifies the network configuration process by allowing users to define their intent in plain language. This eliminates the need for complex manual configurations, making it easier for network administrators to set up and manage their networks. With the increasing complexity of networks, automation and simplification become crucial for efficient network management. IBN provides a scalable solution for managing large, complex networks. It enables network administrators to create policies and rules that can be automatically enforced across the entire network, eliminating the need for manual intervention. Security is a top priority for all organizations, and IBN can help address security concerns. With IBN, security policies can be defined in plain language and enforced automatically, reducing the risk of human error and ensuring that all devices on the network are compliant with security policies. IBN provides real-time analytics that can be used to monitor network performance and identify potential issues before they become critical. This can help organizations improve their network uptime and reduce downtime.

Intent-based Networking (IBN) Market: Restraints

One of the major challenges with implementing IBN is the complexity of the underlying technology. IBN requires significant investment in hardware, software, and personnel to set up and maintain, which can be a barrier to adoption for many organizations. Implementing IBN can be expensive, particularly for small and medium-sized businesses. The cost of acquiring the necessary hardware and software, as well as the ongoing maintenance and support costs, can be prohibitive for some organizations. IBN relies heavily on AI and ML technologies, which can be vulnerable to cyber-attacks. As a result, there is a risk that IBN systems could be compromised, leading to potential security breaches. Another challenge with IBN is that it is still a relatively new technology, and there are limited standards for interoperability between different IBN systems. This can make it difficult to integrate IBN into existing network infrastructure.

Intent-based Networking (IBN) Market: Segmentation

The IBN market can be segmented into software, hardware, and services. The software segment includes IBN platforms, which are used to manage and automate network configuration and policy management. The hardware segment includes routers, switches, and other networking equipment that are compatible with IBN technology. The services segment includes consulting, implementation, and maintenance services. The IBN market can be segmented based on the deployment model, such as on-premises and cloud-based. On-premises IBN solutions are installed and managed within the organization's network infrastructure, while cloud-based IBN solutions are hosted and managed by a third-party cloud service provider. The IBN market can also be segmented based on the organization size, such as small and medium-sized enterprises (SMEs) and large enterprises. SMEs usually have smaller networking infrastructure and require simpler IBN solutions, while large enterprises require more advanced and complex IBN solutions to manage their extensive network infrastructure. The IBN market can be segmented based on the end-use industry, such as healthcare, IT and telecommunication, banking and financial services, manufacturing, and others. Each industry has unique networking requirements, and IBN solutions must be tailored to meet their specific needs. The IBN market can also be segmented based on the geographic region, such as North America, Europe, Asia-Pacific, Middle East and Africa, and South America. The adoption of IBN solutions varies in different regions due to differences in networking infrastructure, technology adoption, and government regulations.

Intent-based Networking (IBN) Market: Regional Landscape

North America is the largest market for IBN, owing to the presence of leading IBN solution providers and early adoption of advanced technologies in the region. The United States is the major contributor to the IBN market in North America, followed by Canada and Mexico. Europe is a significant market for IBN, driven by the increasing need for network automation and optimization to improve network performance and security. The United Kingdom, Germany, and France are the major contributors to the IBN market in Europe. The Asia Pacific region is the fastest-growing market for IBN, owing to the increasing demand for network automation and optimization solutions to support digital transformation initiatives in the region. Countries such as China, Japan, India, and Australia are the major contributors to the IBN market in the region. The Middle East and Africa region is a small but growing market for IBN, driven by the increasing adoption of advanced networking technologies in the region. The United Arab Emirates, Saudi Arabia, and South Africa are the major contributors to the IBN market in the region. Latin America is a small but emerging market for IBN, driven by the increasing adoption of advanced networking technologies in the region. Brazil, Mexico, and Argentina are the major contributors to the IBN market in Latin America.

Intent-based Networking (IBN) Market: Competitive Landscape

Some of the main competitors dominating the global Intent-based Networking (IBN) Market include- Cisco Systems, Inc., Juniper Networks, VMware, Inc., Apcela, Extreme Networks.

Recent Developments

  • In 2021
  • Cisco, one of the leading players in the IBN market, launched its new Catalyst 8000 Edge Series family of devices in January 2021. The devices are designed to simplify and secure the branch office network and provide a foundation for IBN.
  • Juniper Networks announced its acquisition of Apstra, a provider of Intent-based Networking software. The acquisition is expected to help Juniper Networks enhance its IBN capabilities and provide customers with a more comprehensive solution.
  • Arista Networks, another major player in the IBN market, launched its CloudVision 2021 software in April 2021. The software provides a single platform for visibility, automation, and analytics across multi-cloud environments and helps organizations streamline their network operations.
  • In 2020
  • Cisco announced new IBN capabilities for its DNA Center networking platform. The new features included enhanced security and assurance capabilities, as well as improved automation and analytics.
  • VMware announced the acquisition of Nyansa, a startup that specializes in AI-based network analytics. The acquisition is expected to strengthen VMware's IBN capabilities.
  • Juniper Networks announced new IBN solutions for its Mist AI platform. The new solutions were designed to simplify network operations, improve visibility and analytics, and enhance security.
  • IBM and Cisco announced a partnership to enhance their respective IBN offerings. The partnership aimed to provide customers with end-to-end visibility and automation across their network infrastructure.

Global Intent-based Networking (IBN) Market is segmented as follows:

  • By component:
  • Hardware (routers, switches, firewalls, etc.)
  • Software (network automation software, network orchestration software, etc.)
  • Services (professional services, managed services, etc.)
  • By deployment type:
  • Cloud-based
  • On-premises
  • By end-user:
  • Enterprises (large enterprises, small and medium-sized enterprises (SMEs))
  • Service providers (telecom service providers, cloud service providers, managed service providers, etc.)
  • By application:
  • Network security
  • Network optimization
  • Network automation
  • Others (performance monitoring, network analytics, etc.)

By Region

  • North America
  • The U.S.
  • Canada
  • Mexico
  • Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • New Zealand
  • Australia
  • South Korea
  • Southeast Asia
  • Rest of Southeast Asia
  • The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
  • Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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Report Detail

  • Status:Published
  • Report Code:NNRR 73
  • No. of Pages:161
  • Published DateJune 2023
  • Category:Semiconductor and Electronic
  • Delivery Timeline:48 hrs

Customized

  • => Region Level Market Share
  • => Import Export Analysis
  • => Additional Company Profiles
  • => Region Specific Market Dynamics
  • => Production Analysis
  • => Additional Countries (Apart From Mentioned Countries)
  • => Country/Region-specific Report