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Intent based Networking Market Statistics : Size, New Technologies and Growth Predictions 2026

A new report by MarketsandMarkets forecasts a significant upswing in the Intent-Based Networking market, predicting a growth from $0.8 billion in 2022 to $2.6 billion by 2027. This translates to a promising Compound Annual Growth Rate (CAGR) of 25.9%.

Key Drivers of Intent-Based Networking Market Growth:

  • Reduced Human Error and Network Downtime: Automating network configurations through IBN solutions minimizes human error, a leading cause of network outages.
  • Explosive Growth of Network Devices: The ever-increasing number of devices connected to networks necessitates efficient management, which IBN solutions address.
  • Need for Automation in Network Architecture: Simplifying network management through automation is a crucial aspect of IBN adoption.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=16628271

Solutions Segment to Lead the IBN Market:

The report highlights the solutions segment as the biggest contributor to the IBN market share during the forecast period. These solutions offer:

  • Simplified Network Management: IBN solutions leverage Graphical User Interfaces (GUI) to automate and streamline network configuration.
  • Enhanced Network Efficiency: Advanced algorithms and GUIs provide network visibility and empower businesses to optimize network performance.
  • Multi-Level Management: Effective IBN solutions cater to diverse needs, ranging from virtual machine management to comprehensive network discovery.

Large Enterprises Drive IBN Adoption:

The report identifies large enterprises as the primary drivers of IBN market share growth. Their substantial budgets and focus on advanced network management techniques contribute to this trend.

  • Efficient Management of Large Device Networks: IBN enables large enterprises to effectively integrate and manage their growing number of devices.
  • Improved Operational and Cost Efficiency: IBN solutions deliver tangible benefits like streamlined network operations and reduced costs.

Healthcare Industry Sees Fastest IBN Growth:

The healthcare sector is projected to experience the most rapid growth in IBN adoption. This is fueled by:

  • Technological Transformation: IBN plays a vital role in integrating digital technologies within healthcare, enhancing procedures and improving overall efficiency.
  • Improved Patient Care: Automating network processes frees up healthcare staff to focus on patient interaction, leading to better service and outcomes.
  • Integration with Advanced Technologies: IBN fosters integration with AI, cloud, and other cutting-edge technologies used in modern healthcare systems.

North America Retains IBN Market Lead:

North America is expected to maintain its position as the region with the largest IBN market share throughout the forecast period. This dominance can be attributed to several factors:

  • Technological Advancements: North America is a hub for technological innovation, fostering early adoption of IBN solutions.
  • Significant R&D Investments: Major investments in network infrastructure research and development drive IBN adoption within the region.
  • Established Industry Leaders: The presence of key players like Cisco, Juniper Networks, and HPE positions North America at the forefront of IBN technology.

Key Players in the IBN Market:

The report identifies prominent players in the IBN market, including:

  • Cisco (US)
  • Juniper Networks (US)
  • IBM (US)
  • Huawei (China)
  • HPE (US)
  • Nokia (Finland)

These companies are actively implementing various growth strategies to solidify their positions within the global IBN market.

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit https://www.marketsandmarkets.com/ or follow us on TwitterLinkedIn and Facebook.

Contact:

Mr. Rohan Salgarkar

MarketsandMarkets™ INC

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com

Visit Our Website: https://www.marketsandmarkets.com
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/intent-based-networking-ibn-market.asp

Content Source: https://www.marketsandmarkets.com/PressReleases/intent-based-networking-ibn.asp

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