A comprehensive research study on intent-based networking market introduced by GMI, Inc. into the market size and growth trends of this industry over the forecast timeline. The rise in demand for commercialization of the next-generation 5G technology will positively influence intent-based networking (IBN) market forecast. Given the high data speed of 5G technology, the commercialization will allow the service providers to introduce many customized virtual private networks that are targeted towards certain customers and applications.

Moreover, intent-based networking market allows enterprises to gain software that defines control over several aspects of the network including the segmentation, Quality of Service, content filtering, and malware detection. AI-based smart technology allows companies to automate the configuration of these network devices as per the changing objectives of the business.

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IBN solutions offer secure automation and optimization network process. They also reduce the number of human interventions, delivery time by automatic configuration abilities, and network downtimes.

Global intent-based networking market is fairly consolidated with prominent market players such as Juniper Networks, Inc., Huawei Technologies, Cisco Systems, Inc., and A10 Networks, among various others. Explained below are some of the important factors that have influenced intent-based networking industry size over the years:

Robust healthcare application

Increasing cases of chronic diseases, rise in infections and the ability of people to spend on advanced healthcare solutions are driving developments in the healthcare sector world over.  The governments are undertaking measures to increase the penetration of hospitals to cater to the rising cases of illnesses and people being affected by novel viruses such as the COVID-19.

Hospitals are increasingly deploying the use of IBN technological solutions to simplify complex tasks and for network automation and monitoring. As per reports, by the end of 2026, healthcare application in IBN market is expected to grow at a CAGR of 30%. Technological advancements in various sectors of the economy have driven the healthcare industry to adopt the latest technologies to improve their quality of services.

In the year 2018, Switzerland based Felix Platter Hospitals deployed intent-based networking offered by Cisco Systems to carry out digital operations across its infrastructure. The use of IBN services rendered hospital network monitoring, asset tracking, and patient collaboration system capabilities. It also helped Felix Platter Hospital to remove the need for network expansion and reduce the cost of capital.

Higher adoption of cloud-based IBN solutions

Many leading corporates are adopting cloud-based intent-based networking modules to integrate with the components of the cloud infrastructure. Hybrid and multi-cloud platforms are integrated with virtualized overlays and APIs, leveraging intent-based networking to reduce complexity.

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Cloud-based segment was anticipated to register a notable CAGR of more than 30% during the period of study. Consistently lowering costs of providing and availing cloud platforms has certainly bolstered the demand for advanced solutions.

Presence of key industry players in North America

In terms of regional expanse, North America will emerge as a key revenue terrain over the years for the demand for intent-based networking market. The region boasts of a wide variety of IBN providers and many leading firms are increasingly upgrading their offerings to expand their customer base.

In May 2019, Apstra unveiled Data Center Automation 3.0 for intent-based data center operations. The solution offered VMWare vSphere connectivity and intent-based analytics. The upgrade assisted the company to serve multi-domain customers and helped them to reduce OPEX and CAPEX.

Table of Contents (ToC) of the report:

Chapter 1    Methodology & Scope

1.1   Methodology

1.2   Scope

1.2.1    Definitions

1.2.2    Methodology and forecast parameters

1.3   Data Sources

1.3.1    Secondary

1.3.2    Primary

Chapter 2   Executive Summary

2.1   Intent-based networking market 360⁰ synopsis, 2016-2026

2.1.1    Business trends

2.1.2    Regional trends

2.1.3    Component trends

2.1.3.1   Hardware trends

2.1.3.2   Service trends

2.1.4    Deployment model trends

2.1.5    Application trends

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