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Redding, California - July 26, 2024

Intent-based Networking Market to be Worth $8.9 Billion by 2031

Intent-based Networking Market Size, Share, Forecast, & Trends Analysis by Offering, Deployment Mode, Organization Size, Application (Network Automation & Orchestration, Policy Enforcement & Security, Network Monitoring & Analytics), and End User - Global Forecast to 2031

Meticulous Research^®— a leading global market research company, published a research report titled, 'Intent-based Networking Market by Offering, Deployment Mode, Organization Size, Application (Network Automation & Orchestration, Policy Enforcement & Security, Network Monitoring & Analytics), End User, and Geography - Global Forecast to 2031’.

According to this latest publication from Meticulous Research^®, the intent-based networking market is projected to reach $8.9 billion by 2031, at a CAGR of 23.9% from 2024 to 2031. The intent-based networking market's growth is driven by increasing network complexity, the growing demand for network agility and efficiency, and the rising need for Zero-touch Provisioning (ZTP) and unified network visibility. However, the standardization restrains the growth of this market.

The integration of networking with Artificial Intelligence (AI) & Machine Learning (ML) technologies and the increasing adoption of cloud-based networking are expected to generate growth opportunities for the players operating in this market. However, complexities in the deployment & integration of intent-based networking solutions are a major challenge for market growth.

The global intent-based networking market is segmented by offering (solutions and services), deployment mode (on-premise deployment and cloud-based deployment), organization size (large enterprises and small & medium-sized enterprises), application (network automation & orchestration, policy enforcement & security, dynamic network optimization, network monitoring & analytics, and network policy compliance & governance), end user (CSPs, data centers, and enterprises (IT & telecommunications, manufacturing, government & public sector, retail, BFSI, healthcare and life sciences, education, energy and utilities, media & entertainment, and other end-use industries), and geography (Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa). This study also evaluates industry competitors and analyzes the market at the country and regional levels.

Based on offering, the global intent-based networking market is broadly segmented into solutions and services. In 2024, the solutions segment is expected to account for a larger share of above 60% of the global intent-based networking market. The growth of this segment is attributed to the increasing R&D investments and rising demand for dynamic connectivity among communication service providers.

However, the services segment is anticipated to register the highest CAGR during the forecast period. This segment’s rapid growth is driven by enterprises’ growing requirements for network integration and key market players’ emphasis on providing advanced network automation professional services.

Based on deployment mode, the global intent-based networking market is segmented into on-premise deployment and cloud-based deployment. In 2024, the on-premise deployment segment is expected to account for a larger share of above 64% of the global intent-based networking market. This segment’s growth is attributed to the high acceptance of intent-based networking among large enterprises, the rising demand for comprehensive network security and control, the increasing deployment of network automation solutions across on-premises data centers, and the growing demand for custom configurations to suit organizations’ unique requirements. Benefits of on-premise deployment of intent-based networking include enhanced network visibility, reduced manual configuration efforts, improved network security, better compliance with business objectives, and overall increased network efficiency and reliability.

However, the cloud-based deployment segment is expected to register the highest CAGR during the forecast period. The segment’s growth is driven by enterprises’ surging need to manage complex network requirements and reduce infrastructures’ initial and operating expenses and their increasing investments in network infrastructure expansion with cloud deployment.

Based on organization size, the global intent-based networking market is broadly segmented into large and small & medium-sized enterprises. In 2024, the small & medium-sized enterprises segment is expected to account for the larger share of above 63% of the global intent-based networking market. This segment’s growth is attributed to the SMEs’ rising need to create agile, secure, and efficient work environments and the growing demand for intent-based networking solutions among SMEs operating in the education, retail, healthcare, manufacturing, government, and manufacturing sectors.

Moreover, this segment is also poised to record the highest CAGR during the forecast period.

Based on application, the global intent-based networking market is broadly segmented into network automation & orchestration, policy enforcement & security, dynamic network optimization, network monitoring & analytics, and network policy compliance & governance. In 2024, the network monitoring & analytics segment is expected to account for the largest share of 36% of the global intent-based networking market. This segment’s growth is attributed to the increasing use of network monitoring among organizations to identify and resolve issues promptly, growing demand for network monitoring tools demand for enhanced network security and increasing demand for highly reliable and scalable network monitoring solutions.

Furthermore, the network automation & orchestration segment is anticipated to record the highest CAGR during the forecast period. This segment's growth is driven by the growing demand for safe and smart healthcare systems with intent-based networking technology, the growing need to detect and identify old hardware, compliance issues, and storage issues, and the increasing need for zero-touch provisioning and unified network visibility.

Based on end user, the global intent-based networking market is segmented into CSPs, data centers, and enterprises. In 2024, the data centers segment is expected to account for the largest share of 42% of the global intent-based networking market. This segment’s growth is attributed to the data centers’ growing need to automate routine workflows and processes, reduce repetitive/mundane tasks, speed up processes, and drive down overheads, and the increasing deployment of network automation solutions among data centers. However, the enterprises segment is expected to record the highest CAGR during the forecast period. It is further sub-segmented into IT & telecommunications, manufacturing, government & public sector, retail, BFSI, healthcare & life sciences, education, energy & utilities, media & entertainment, and other end-use industries. This segment’s rapid growth is driven by the rising demand for intent-based networking solutions and increasing deployments of network automation solutions across enterprises.

Based on geography, the intent-based networking market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2024, North America is expected to account for the largest share of 37% of the global intent-based networking market. This region’s large market share is attributed to an established sales force for network automation solutions, service providers’ initiatives towards network automation, and increasing demand for data center and IT infrastructure automation.

Moreover, Asia-Pacific is estimated to register the highest CAGR of 11% during the forecast period. The increasing deployment of SDN and NFV by enterprises and rising demand for a broad range of value-added network services are the major factors contributing to the market's growth.

Key Players

The key players operating in the global intent-based networking market are Arista Networks, Inc. (U.S), Cisco Systems, Inc. (U.S.), Juniper Networks, Inc (U.S.), Fortinet, Inc. (U.S.), VMware, Inc. (U.S.), Hewlett Packard Enterprise Company (U.S.), Nokia Corporation (Finland), Huawei Technologies Co., Ltd. (China), IBM Corporation(U.S.), Anuta Networks International LLC (U.S.), NetBrain Technologies, Inc. (U.S.), Forward Networks, Inc. (U.S.), Gluware, Inc. (U.S.), NetYCE BV (Netherlands), AppViewX (U.S.), and Itential (U.S.).

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Key questions answered in the report-

Which are the high-growth market segments in terms of offering, deployment mode, organization size, application, and end user?
What is the historical market for intent-based networking across the globe?
What are the market forecasts and estimates for the period of 2024–2031?
What are the major drivers, restraints, opportunities, challenges, and trends in the global intent-based networking market?
Who are the major players in the global intent-based networking market, and what are their market shares?
How is the competitive landscape?
What are the recent developments in the global intent-based networking market?
What do the major players in the market adopt the different strategies?
What are the geographic trends and high-growth countries?
Who are the emerging players in the global intent-based networking market, and how do they compete with the other players?

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Redding, California - July 26, 2024

Intent-based Networking Market to be Worth $8.9 Billion by 2031

Intent-based Networking Market Size, Share, Forecast, & Trends Analysis by Offering, Deployment Mode, Organization Size, Application (Network Automation & Orchestration, Policy Enforcement & Security, Network Monitoring & Analytics), and End User - Global Forecast to 2031

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