Global Intelligent Network Market valued approximately USD 1.63 billion in 2016 is forecasted to grow with a healthy growth rate of more than 27.60% over the forecast period 2018-2025.
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The major factors speculated to augment the markets are increases the complexity of networks, advent of new technologies, such as 5G, IoT, and cloud, growth in data volume and changes in traffic patterns. Proficiency in AI-based networking and lack of skills are restraining the growth rate of the market. Mainly, lack of awareness among network administrators & end-user enterprises and lack of budget among Small and Medium-Sized Enterprises (SMEs) are the challenges faced in the market. The Intelligent Network is the standard network architecture specified in the ITU-T Q.1200 series recommendations. It is meant for stationary as well as mobile telecom networks.
The regional analysis of Global Intelligent Network Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share. Deep learning, virtualization of network, and analytics are aiding the market growth in North America. Whereas, owing to countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025. This trend can be attributed to the increasing reliance of most mobile operators on an AI-based solution.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Information Cognition
- Resource Management & Network Adoption
- Traffic Prediction & Classification
- Performance Prediction & Configuration Extrapolation
- Cloud Service Providers
- Telecom Service Providers
- Managed Network Service Providers
- Small & Medium-Sized Enterprise (SMEs)
- Large Enterprise
Furthermore, the years considered for the study are as follows:
- North America
- Asia Pacific
- Latin America
- Rest of the World
The historical year 2015, 2016
The base year 2017
Forecast period 2018 to 2025
The industry is seeming to be fairly competitive. Some of the leading market players include Ennetix, Cisco, Extrahop Networks, Huawei, Entuity, Tech Mahindra, Aria Networks, Aruba, Nitro Mobile Solution Nokia, Netcracker, Juniper Networks, Loom Systems, Colt Technology Services, Mist Systems, Sandvine, Aricent, Apcon, Ericsson, Bluvector, and so on. The fierce competitiveness has made these players spend in product developments to improve the customers requirements.
Target Audience of the Intelligent Network Market Study:
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- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers