Intelligent Network Market to Grow at a CAGR of 27.1% - Global Forecast to 2023
DUBLIN, July 17, 2018 /PRNewswire/ --
The "Intelligent Network Market by Application (Information Cognition, Traffic Prediction and Classification, Resource Management, Performance Prediction, and Configuration Extrapolation), End-user, Enterprise Size, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The global intelligent network market to grow from USD 3.01 billion in 2018 to USD 9.99 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 27.1% during the forecast period.
The major factors driving the market growth are the advent of new technologies, such as 5G, IoT and cloud, increasing the complexity of networks, growth in data volumes, and changes in traffic patterns.
The objective of the report is to define, describe, and forecast the intelligent network market size by application, end-user, enterprise size, and region. Among application, information cognition is expected to have a larger market share during the forecast period, as there is an increasing need for information cognition for on data accumulation of networking operations which include network characteristics, trace route, traffic matrix and other such data functionalities.
Among end-user, the cloud service providers segment is expected to grow at the fastest rate during the forecast period. The cloud service providers increase the number of data centers globally to decrease the latency, which increases the demand for massive integrated network infrastructure. Therefore, the network becomes complex for delivering business applications and other content at high speed rates.
Among enterprise size, the large enterprises segment is expected to have a larger market share than the SMEs segment. The large enterprises segment is expected to witness significant growth due to an array of features, including traffic monitoring, bandwidth monitoring, application monitoring, network security, and capacity planning, which is prevalent among the large enterprises.
North America is expected to hold the largest market size in the intelligent network market during the forecast period. The adoption of intelligent networking solutions in North America is driven by the growth of innovative technologies, such as deep learning, analytics, and virtualization of network. Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period, as many telecom operators and cloud service providers have started relying on AI-enabled solutions.
Large-scale adoption of solutions among highly regulated verticals and growth potential across developing nations could be opportunities for intelligent network market in future. However, lack of skills and expertise in AI-based networking solutions may hinder the market growth and act as a restraining factor for the growth of market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Intelligent Network Market
4.2 Market Share of Top 3 End-Users and Regions
4.3 Market Investment Scenario
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Advent of New Technologies, Such as 5G, IoT, and Cloud, Increases the Complexity of Networks
5.2.1.2 Growth in Data Volume and Changes in Traffic Patterns
5.2.2 Restraints
5.2.2.1 Lack of Skills and Expertise in Ai-Based Networking
5.2.3 Opportunities
5.2.3.1 Large-Scale Adoption of Solutions Among Highly Regulated Verticals
5.2.3.2 Growth Potential Across Developing Nations
5.2.4 Challenges
5.2.4.1 Lack of Budget Among SMEs
5.2.4.2 Lack of Awareness Among Network Administrators and End-User Enterprises
5.3 Industry Trends
5.3.1 Intelligent Network Market: Use Cases
5.3.1.1 Use Case 1: Loom Systems
5.3.1.2 Use Case 2: Netcracker
6 Market By Application
6.1 Introduction
6.2 Information Cognition
6.3 Traffic Prediction and Classification
6.4 Resource Management and Network Adoption
6.5 Performance Prediction and Configuration Extrapolation
7 Intelligent Network Market, By End-User
7.1 Introduction
7.2 Telecom Service Providers
7.3 Cloud Service Providers
7.4 Managed Network Service Providers
7.5 Other Enterprises
8 Market By Enterprise Size
8.1 Introduction
8.2 Small and Medium-Sized Enterprises
8.3 Large Enterprises
9 Intelligent Network Market, By Region
9.1 Introduction
9.2 North America
9.3 Europe
9.4 Asia Pacific
9.5 Latin America
9.6 Middle East and Africa
10 Competitive Landscape
10.1 Overview
10.2 Key Players in the Intelligent Network Market
10.3 Competitive Scenario
10.3.1 Partnerships, Agreements, and Collaborations
10.3.2 New Product/Service Launches and Upgradations
10.3.3 Mergers and Acquisitions
10.3.4 Business Expansions
11 Company Profiles
11.1 Introduction
11.2 Cisco
11.3 Huawei
11.4 Ericsson
11.5 Tech Mahindra
11.6 Aruba
11.7 Nokia
11.8 Juniper Networks
11.9 Colt Technology Services
11.10 Netcracker
11.11 Sandvine
11.12 Loom Systems
11.13 Aricent
11.14 Ennetix
11.15 Aria Networks
11.16 Extrahop Networks
11.17 Entuity
11.18 Apcon
11.19 Mist Systems
11.20 Bluvector
11.21 Nitro Mobile Solutions
11.22 Darktrace
11.23 Netrolix
11.24 Flowmon Networks
11.25 Balbix
11.26 Boco Systems
For more information about this report visit https://www.researchandmarkets.com/research/twrnjf/intelligent?w=5
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