The North America Intent-based Networking (IBN) Market should witness market growth of 21.8% CAGR during the forecast period (2022-2028).
An intuitive graphical user interface (GUI) or application programming interface (API) can provide input with IBN. In principle, an effective intent-based system would react to a system event automatically or upon request without requiring any input from the user. Most IBN tools and software are provided utilizing the network-as-a-Service (NaaS) paradigm, which enables the management of many devices from a single interface. There are various connections between software-defined networking (SDN) and intent-based networking.
However, it provides a major departure from conventional networking. The IBN solution is comparable to SDN because corporate hardware and software networks are logically separated. In the IBN process flow, an enterprise's intent is communicated to IBN using networking gear like routers and switches, a sequence of commands, and specific IBN APIs. The IBN system is an API-based network-oriented management system with a virtualized and configurable physical infrastructure. Its capacity for network condition awareness and its ability to continuously track network efficiency are both demonstrated by the data it collects from the network.
In order to keep up with technological advancements, some of the top telecom industry companieshave local headquarters and are continually investing in enhancing and expanding their infrastructure. The use of IoT devices is predicted to rise as a result of 5G's speedy and secure connectivity, which enables flexible production as well as agile operations. This technology will enable automated assembly, product handling, networked logistics,packing, and autonomous carts. Many industries in North America are also aware of IoT and digital solutions..This is expected to result in a rise in the use of the intent-based networking (IBN) marketthroughout the forecasted time period.
The US market dominated the North America 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 $753.7 million by 2028. The Canada market is poised to grow at a CAGR of 24.1% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 23.8% 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 U.S., Mexico, Canada, and Rest of North America.
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.
An intuitive graphical user interface (GUI) or application programming interface (API) can provide input with IBN. In principle, an effective intent-based system would react to a system event automatically or upon request without requiring any input from the user. Most IBN tools and software are provided utilizing the network-as-a-Service (NaaS) paradigm, which enables the management of many devices from a single interface. There are various connections between software-defined networking (SDN) and intent-based networking.
However, it provides a major departure from conventional networking. The IBN solution is comparable to SDN because corporate hardware and software networks are logically separated. In the IBN process flow, an enterprise's intent is communicated to IBN using networking gear like routers and switches, a sequence of commands, and specific IBN APIs. The IBN system is an API-based network-oriented management system with a virtualized and configurable physical infrastructure. Its capacity for network condition awareness and its ability to continuously track network efficiency are both demonstrated by the data it collects from the network.
In order to keep up with technological advancements, some of the top telecom industry companieshave local headquarters and are continually investing in enhancing and expanding their infrastructure. The use of IoT devices is predicted to rise as a result of 5G's speedy and secure connectivity, which enables flexible production as well as agile operations. This technology will enable automated assembly, product handling, networked logistics,packing, and autonomous carts. Many industries in North America are also aware of IoT and digital solutions..This is expected to result in a rise in the use of the intent-based networking (IBN) marketthroughout the forecasted time period.
The US market dominated the North America 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 $753.7 million by 2028. The Canada market is poised to grow at a CAGR of 24.1% during (2022-2028). Additionally, The Mexico market should witness a CAGR of 23.8% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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. North America Intent-based Networking (IBN) Market by Component
Chapter 5. North America Intent-based Networking (IBN) Market by Deployment Type
Chapter 6. North America Intent-based Networking (IBN) Market by Organization Size
Chapter 7. North America Intent-based Networking (IBN) Market by Vertical
Chapter 8. North America 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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