PUBLISHER: Grand View Research | PRODUCT CODE: 1362959
PUBLISHER: Grand View Research | PRODUCT CODE: 1362959
The global intent-based networking market size is anticipated to reach USD 9.30 billion by 2030, expanding at a CAGR of 24.1% from 2023 to 2030, according to a new report by Grand View Research, Inc.. Leveraging an intent-based networking solution can supplement network automation capabilities with additional features such as real-time visibility and providing insights of deviations from the defined business goal. Furthermore, the need to adopt technologically advanced solutions among small and large-scale companies is driving market growth.
Intent-based networking possesses several benefits over ordinary and software-defined networking. One of the key benefits of intent-based networking includes optimized network security and threat analysis. Moreover, intent-based networks are self-learning, meaning they automatically gather network data and can repair issues for the best possible business policy implementation.
Technological advancements across a range of industries are further expected to bode well for the growth of the market for intent-based networking. The digitization of airports would require the need to embrace new technologies. Intent-based networking can ensure smart connectivity throughout the airport, provide seamless passenger Wi-Fi connectivity, and also prioritize network traffic for critical applications like security systems and baggage handling.
The COVID-19 pandemic highlighted the need for flexible and digitally advanced operations. Businesses can leverage technology to use their resources efficiently and also streamline and scale operations. Moreover, changing customer preferences compels businesses to innovate to maintain market share and not become redundant.