Sellbyville, DE -- (SBWIRE) -- 06/18/2019 -- Global Intent-Based Networking Market report 2024 focuses on the major Types and Applications for the key players. The market forecast report also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The research report is a professional and in-depth study on the current state of global Industry.

Intent-Based Networking Market penetrated into different technologies such as the internet of things, machine learning, and artificial intelligence. The surge in demand for "self-driving" cars will boost the demand for IBN systems in the upcoming years. Installation of IBN systems in the existing networks will help the network administrators to perform real-time analytics. For instance, Cisco DNA Center developed network-centric applications that will allow the customers and partners to directly program their devices.

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Asia Pacific is anticipated to witness the fastest growth rate among all the regions due to the surge in investments by the key players of the Intent-Based Networking Market. In February 2018, Huawei Technologies launched intent-based networking solution at Mobile World Congress to maximize its profit. The company aims to decrease the gap between the user and the system to increase the network uptime by 50%. Huawei launched intent-based networking solutions to manage the five business scenarios, data center networks, wide area network, campus network, network interconnection, and network security.

North America, especially the U.S. dominates the Intent-Based Networking Market due to the presence of major key players in this region. Cisco Systems, Apstra, and Veriflow Systems are expected to have major market shares during the forecast period. Apstra recently launched Apstra Operating System 2.2 that provides advanced analytics and enterprise capabilities. AOS 2.2 reduces the delivery time and enhances the teamwork efficiency. The latest of Apstra Operating System (AOS) 2.2 offers the first multi-vendor Ethernet-Virtual Private Network (EVPN) and advanced analytics that increases the network uptime by 50 - 70%. Europe is anticipated to witness growth over the forecast period owing to the presence of numerous market giants and various projects undertaken by the government.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Cisco Systems, Inc.
- Apstra
- Veriflow Systems
- Huawei Technologies Co.Ltd.
- Juniper Networks, Inc.
- Cerium Networks
- Pluribus Networks
- Forward Networks, Inc.
- Anuta Networks
- Indeni

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Intent-Based Networking Market is fragmented with the presence of a substantial number of players. Some of the players present in the market are Cisco Systems, Inc., Apstra, Veriflow Systems, Huawei Technologies Co., Ltd., Juniper Networks, Inc., Cerium Networks, Pluribus Networks, Forward Networks, Inc., Anuta Networks, and Indeni.