The Asia Pacific Intent-based Networking (IBN) Market should witness market growth of 24.3% CAGR during the forecast period (2022-2028).
Intent-based networking (IBN) market expansion will be supported by growing interest in process automation as well as network infrastructure management within enterprises. IBN solutions and services are becoming more popular due to cutting-edge advancements, like network orchestration, to supervise entire network systems. Among small and medium-sized businesses, there is an exponential growth in interest in IBN programming solutions. The advancement is credited to advantages in cost savings, organizational adaptability, and control over system foundations.
Companies have embraced remote system devices that will invigorate system organization and the executive's plans swiftly. By naturally designed system components and minimal need for human intervention, intent-driven arrangements assist in reducing the organized personal time as well as conveyance time. Intent-based networking (IBN) market developments are thought to be driven by government work, such as strict data management regulations. The digitalization of businesses is also being extended to create new opportunities for IBN architecture suppliers in domestic and international business sectors across various income brackets.
Due to the rising number of IoT devices and expanding digitization in this region, which allows businesses to implement new network technologies, the Asia Pacific is anticipated to show a significant demand for IBN solutions. In the coming years, most of Asia's top 1,000 companies will have made digital transformation the centerpiece of their corporate strategies, with the majority establishing a separate positionto oversee the execution of their digital transformation strategy. In addition, efforts pursuing digital transformation strategies would more than double their capacity for software development, and a significant amount ofIT revenues will be used to fund the creation of new digital expense streams. Therefore, the region presents lucrative growth opportunities for the expansion of the intent-based networking (IBN) market.
The China market dominated the Asia Pacific Intent-based Networking (IBN) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $232.6 million by 2028. The Japan market is estimated to grow a CAGR of 23.5% during (2022-2028). Additionally, The India market would experience a CAGR of 25% during (2022-2028).
Based on Component, the market is segmented into Solution, and Services. Based on Deployment Type, the market is segmented into Cloud, and On-premise. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on Vertical, the market is segmented into Telecom & IT, Retail & Consumer Goods, Manufacturing, BFSI, Healthcare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Juniper Networks, Inc., IBM Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Hewlett-Packard enterprise Company (HP Development Company L.P.), Nokia Corporation, Wipro Limited, Gluware, Inc., Forward Networks, Inc. and NetBrain Technologies, Inc.
Intent-based networking (IBN) market expansion will be supported by growing interest in process automation as well as network infrastructure management within enterprises. IBN solutions and services are becoming more popular due to cutting-edge advancements, like network orchestration, to supervise entire network systems. Among small and medium-sized businesses, there is an exponential growth in interest in IBN programming solutions. The advancement is credited to advantages in cost savings, organizational adaptability, and control over system foundations.
Companies have embraced remote system devices that will invigorate system organization and the executive's plans swiftly. By naturally designed system components and minimal need for human intervention, intent-driven arrangements assist in reducing the organized personal time as well as conveyance time. Intent-based networking (IBN) market developments are thought to be driven by government work, such as strict data management regulations. The digitalization of businesses is also being extended to create new opportunities for IBN architecture suppliers in domestic and international business sectors across various income brackets.
Due to the rising number of IoT devices and expanding digitization in this region, which allows businesses to implement new network technologies, the Asia Pacific is anticipated to show a significant demand for IBN solutions. In the coming years, most of Asia's top 1,000 companies will have made digital transformation the centerpiece of their corporate strategies, with the majority establishing a separate positionto oversee the execution of their digital transformation strategy. In addition, efforts pursuing digital transformation strategies would more than double their capacity for software development, and a significant amount ofIT revenues will be used to fund the creation of new digital expense streams. Therefore, the region presents lucrative growth opportunities for the expansion of the intent-based networking (IBN) market.
The China market dominated the Asia Pacific Intent-based Networking (IBN) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $232.6 million by 2028. The Japan market is estimated to grow a CAGR of 23.5% during (2022-2028). Additionally, The India market would experience a CAGR of 25% during (2022-2028).
Based on Component, the market is segmented into Solution, and Services. Based on Deployment Type, the market is segmented into Cloud, and On-premise. Based on Organization Size, the market is segmented into Large Enterprises, and SMEs. Based on Vertical, the market is segmented into Telecom & IT, Retail & Consumer Goods, Manufacturing, BFSI, Healthcare, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Juniper Networks, Inc., IBM Corporation, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Hewlett-Packard enterprise Company (HP Development Company L.P.), Nokia Corporation, Wipro Limited, Gluware, Inc., Forward Networks, Inc. and NetBrain Technologies, Inc.
Scope of the Study
By Component
- Solution
- Services
By Deployment Type
- Cloud
- On-premise
By Organization Size
- Large Enterprises
- SMEs
By Vertical
- Telecom & IT
- Retail & Consumer Goods
- Manufacturing
- BFSI
- Healthcare
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Hewlett-Packard enterprise Company (HP Development Company L.P.)
- Nokia Corporation
- Wipro Limited
- Gluware, Inc.
- Forward Networks, Inc.
- NetBrain Technologies, Inc
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Asia Pacific Intent-based Networking (IBN) Market by Component
Chapter 5. Asia Pacific Intent-based Networking (IBN) Market by Deployment Type
Chapter 6. Asia Pacific Intent-based Networking (IBN) Market by Organization Size
Chapter 7. Asia Pacific Intent-based Networking (IBN) Market by Vertical
Chapter 8. Asia Pacific Intent-based Networking (IBN) Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- IBM Corporation
- Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
- Hewlett-Packard enterprise Company (HP Development Company L.P.)
- Nokia Corporation
- Wipro Limited
- Gluware, Inc.
- Forward Networks, Inc.
- NetBrain Technologies, Inc
Methodology
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About the Intent Based Networking Market
Intent Based Networking (IBN) is a type of network architecture that uses machine learning and data mining to automate the process of configuring, managing, and optimizing networks. It uses algorithms to analyze data from the network and identify patterns, allowing it to make decisions and take actions without human intervention. IBN can be used to improve network performance, reduce operational costs, and increase security. IBN is becoming increasingly popular as organizations look for ways to Read more
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