Intent-based Networking (IBN) Market

Top Companies list of Intent-based Networking Industry - Cisco (US) and Juniper Networks (US)

MarketsandMarkets forecasts the global intent-based networking market size to grow from USD 0.8 billion in 2022 to USD 2.6 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 25.9% during the forecast period.

Major factors expected to drive the growth of the intent-based networking market include need of automation in network architecture, growing need for efficient connectivity network to handle increasing, and growing number of devices on network.

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Top Intent-based Networking Companies:

The major intent-based networking companies include Cisco (US), Juniper Networks (US), IBM (US), Huawei (China), HPE (US), Nokia (Finland), Wipro (India), Gluware (US), Forward Networks (US), NetBrain Technologies (US), Frinx (Slovakia), and Indeni (US).

These players have adopted various growth strategies in the intent-based networking market. Agreements, collaborations, and partnerships, and new product launches and enhancements have been the most dominating strategies adopted by major players from 2021 to 2023, which helped them innovate their offerings and increase their customer base.

Cisco:

  • Cisco is one of the leading vendors that provide intent-based networking solutions. Intent-based networking built on Cisco DNA takes a software-delivered approach to automating and assuring services across the WAN and campus and branch networks of users. Cisco's one of the product categories—secure agile networks—has generated the revenue of USD 23.8 billion in fiscal year 2022. The company has a wide product portfolio for intent-based networking management and automation. The R&D investments of the company are applied generally to all product areas, with specific areas of focus being identified regularly. The company’s recent areas of increased focus include intent based networking technologies, security, and analytics products. The company also focuses on acquisitions and partnerships to achieve business growth and increase in intent-based networking category. In the year 2021, the company acquired IMImobile, Socio Labs, and Kenna Security to improve its product portfolio.

Juniper Networks:

  • Juniper Networks provides enterprise networking solutions that transform the network experience of users with resilient, closed-loop, and intent-driven automation powered by AI and ML. The company also focuses on launching intent-based networking products regularly. Juniper Networks provides intent-based networking solutions that transform the network experience of users with resilient, closed-loop, and intent-driven automation powered by Artificial Intelligence (AI) and Machine Learning (ML). Juniper Networks has entered into strategic acquisitions and partnerships with strong players, which would help it to expand its product portfolio and distribution networks in several markets. Juniper Networks has emerged as a key player for intent-based networking services and solutions. In addition, Juniper Networks has global operations and earns its revenue from multiple regions, including Americas, EMEA, and APJC. The company also focuses on acquisitions and partnerships to achieve business growth and increase in intent-based networking. For instance, Juniper Networks acquired Netrounds in September 2020, enabling Juniper to fully automate the complexities of testing. In the year 2021, the company acquired Apstra and partnered with Indonet; it acquired WiteSand in 2022, thus increasing its product portfolio. Also, Juniper Networks partnered with Anuta Networks in June 2020 to deliver advanced intent-based networking.

IBM (US):

  • A leading technology giant, IBM offers IBN solutions through its network management software portfolio. These solutions focus on automation, analytics, and machine learning to translate business intent into actionable network configurations, optimizing performance and security.

Huawei (China):

  • A major telecom equipment provider, Huawei offers IBN solutions through its CloudCampus and HiSec offerings. These solutions aim for simplified network management and automation, allowing businesses to define network goals and automate configuration for faster deployment and improved network control.

HPE (US):

  • A technology solutions provider, HPE offers IBN solutions through Aruba Network's AI-powered tools. These solutions focus on network automation, anomaly detection, and self-healing capabilities. They translate business intent into network configurations while ensuring continuous monitoring and optimization.

Nokia (Finland):

  • A telecom equipment manufacturer, Nokia offers IBN solutions through its Nuage Networks SD-WAN platform. This platform enables businesses to define policies and automate network configuration across various network types, including WAN, LAN, and cloud environments.

Wipro (India):

  • A global IT services company, Wipro offers IBN solutions as part of its network consulting and implementation services. They help businesses design, deploy, and manage IBN solutions, leveraging automation and analytics to simplify network operations and improve efficiency.

 

Related Reports:

Intent-based Networking (IBN) Market by Component (Solution, Services (Professional Services and Managed Services)), Deployment Type (Cloud and On-premises), Vertical (IT & Telecom, BFSI, Healthcare), Organization Size, & Region - Global Forecast to 2027

Intent-based Networking (IBN) Market Size,  Share & Growth Report
Report Code
TC 8584
RI Published ON
2/27/2023
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