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Intent-based Networking (IBN) Market Share

Report ID: GMI2758
Published Date: Nov 2022
Report Format: PDF

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Intent-based Networking Market Share

Top participants operating in the intent-based networking industry are:

Huawei Technologies Co., Ltd
Capgemini Group (Altran)
Cisco Systems, Inc
Fortinet, Inc
Gluware, Inc
Indeni Ltd
Juniper Networks Inc.

These leaders are developing innovative IBN solutions through partnerships.

In March 2022, cybersecurity solutions developer Fortinet partnered with five new service providers, including Indian technology company Microland, telecommunication service providers Etihad Atheeb Telecom Company, Spectrotel, Radius Telecoms, and TIME dotCom. These service providers integrated Fortinet Secure SD-WAN into their managed services to broaden the company’s reach internationally.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of intent-based networking crossed USD 1.5 billion in 2022 and is slated to grow at CAGR of over 25% through 2032 propelled by the rising trend of digitalization.

The demand for intent-based networking solutions for government & defense applications is estimated to generate over USD 1.5 billion in revenue by 2032 owing to the increasing deployment of IBN technology to safeguard sensitive information from several external threats.

The APAC IBN industry is foreseen to expand at more than 30% gains between 2023 and 2032 on account of the prevalent adoption of SDN and SD-WAN technology across the region.

The major companies operating in the market are Huawei Technologies Co., Ltd., Capgemini Group (Altran), Cisco Systems, Inc., Fortinet, Inc., Gluware, Inc., Indeni Ltd., Juniper Networks, Inc., and Wipro Limited, among others.