Intent-based Networking Market To Reach $9.30 Billion By 2030

Intent-based Networking Market Growth & Trends

The global intent-based networking market size is anticipated to reach USD 9.30 billion by 2030, expanding at a CAGR of 24.1% from 2023 to 2030, according to a new report by Grand View Research, Inc. Leveraging an intent-based networking solution can supplement network automation capabilities with additional features such as real-time visibility and providing insights of deviations from the defined business goal. Furthermore, the need to adopt technologically advanced solutions among small and large-scale companies is driving market growth.

Intent-based networking possesses several benefits over ordinary and software-defined networking. One of the key benefits of intent-based networking includes optimized network security and threat analysis. Moreover, intent-based networks are self-learning, meaning they automatically gather network data and can repair issues for the best possible business policy implementation.

Technological advancements across a range of industries are further expected to bode well for the growth of the market for intent-based networking. The digitization of airports would require the need to embrace new technologies. Intent-based networking can ensure smart connectivity throughout the airport, provide seamless passenger Wi-Fi connectivity, and also prioritize network traffic for critical applications like security systems and baggage handling.

The COVID-19 pandemic highlighted the need for flexible and digitally advanced operations. Businesses can leverage technology to use their resources efficiently and also streamline and scale operations. Moreover, changing customer preferences compels businesses to innovate to maintain market share and not become redundant.

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Intent-Based Networking Market Report Highlights

• The solution segment dominated the market in 2022. Intent-based networking solutions can help align operations with business-level key performance parameters. It helps deliver enhanced network management and reduces response times

• The network automation & analytics segment dominated the market in 2022. Network automation using intent-based networks reduces complexity by breaking high-level policies into low-level configurations that connected devices can understand and implement. The software also verifies policy feasibility and consistency with the current network state

• The on-premise segment dominated the market in 2022. The dominance of the on-premise intent-based networking segment is due to many businesses’ transformation stage of improving technology capabilities. Moreover, core infrastructure on business premises helps investigate potential privacy risks

• The large enterprises segment dominated the market in 2022. The adoption of intent-based networking in large enterprises can be related to the large scale of their operations. Network automation in applications such as data centers and critical infrastructure minimizes operational disruption by proactively detecting and resolving potential issues

• The telecom & IT segment dominated the market in 2022. By leveraging automation and machine learning, telecom operators can analyze vast amounts of data to predict network failures. It also helps identify capacity bottlenecks and track customer behavior, allowing them to take proactive actions

• North America dominated the market in 2022. North America has a highly developed technological landscape with advanced infrastructure and widespread internet penetration. Moreover, prominent players in the region are expected to drive regional growth

Intent-based Networking Market Segmentation

Grand View Research has segmented the intent-based networking market based on component, function, deployment, enterprise size, vertical, and region.

Intent-based Networking Component Outlook (Revenue, USD Billion, 2017 - 2030)

• Solution

• Services

Intent-based Networking Function Outlook (Revenue, USD Billion, 2017 - 2030)

• Network Automation & Analytics

• Workflow Integration

• Business Policy Management

Intent-based Networking Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• Cloud

• On-premise

• Hybrid

Intent-based Networking Enterprise Size Outlook (Revenue, USD Billion, 2017 - 2030)

• Large Enterprises

• SME

Intent-based Networking Vertical Outlook (Revenue, USD Billion, 2017 - 2030)

• Telecom & IT

• Retail & Consumer Goods

• Manufacturing

• BFSI

• Healthcare

• Others

Intent-based Networking Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • U.K.

  • Germany

  • France

• Asia Pacific

  • China

  • Japan

  • India

  • Australia

  • South Korea

• Latin America

  • Brazil

  • Mexico

• Middle East & Africa

  • Kingdom of Saudi Arabia (KSA)

  • UAE

  • South Africa

List of Key Players of Intent-based Networking Market

• Cisco Systems, Inc.

• Juniper Networks, Inc.

• IBM Corporation

• Hewlett Packard Enterprise

• Nokia

• Gluware

• Forward Networks, Inc.

• NetBrain Technologies, Inc.

• ERICSSON GROUP

• Huawei Technologies Co., Ltd.