Telecom Service Providers With Game Changing Technologies to Hold 45% of the Intelligent Network End-User's Share
Wednesday, July 11, 2018
PUNE, India, July 11, 2018 /PRNewswire/ --
According to a new market research report "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", published by MarketsandMarkets(TM), the global market
size is expected 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.
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Browse 65 market data Tables and 32 Figures spread through 123 Pages and in-depth TOC
on "Intelligent Network Market"
Early buyers will receive 10% customization on this report
Advent of new technologies, such as 5G, IoT, and cloud, increasing complexity of
networks, rapid growth in data volumes, and changes in traffic patterns are expected to
drive the Intelligent Network Market.
The information cognition segment is expected to grow faster during the forecast
Among applications, information cognition is expected to have a larger market share
during the forecast period, as there is an increasing need for information cognition on
data accumulation of networking operations which include network characteristics, trace
route, traffic matrix, and other such data functionalities.
The telecom service providers segment is estimated to have the largest market size in
Among end-users, 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, in turn, is expected to drive the
demand for massive integrated network infrastructure. Therefore, the network becomes
complex for delivering business applications and other content at high speed rates. The
telecom service providers segment is expected to hold the largest market size the forecast
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North America is expected to hold the largest market size in the global Intelligent
Network Market during the forecast period.
North America is expected to hold the largest size in the global 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 upon AI-enabled solutions.
The key players in the Intelligent Network Market include include Cisco Systems (US),
Huawei Technologies (China), Ericsson (Sweden), Tech Mahindra Limited (India), Aruba
Networks (US), Nokia Corporation (Finland), Juniper Networks (US), Colt Technology
Services (UK), Netcracker Inc. (UK), Sandvine (Canada), Loom Systems (US), Aricent, Inc.
(US), Ennetix, Inc (US), Aria Networks (UK), ExtraHop Networks (US), Entuity, Ltd (UK),
APCON, Inc (US), Mist Systems (US), BluVector (US), Nitro Mobile Solutions, LLC (US),
Netrolix LLC (US), Darktrace (UK), Flowmon Networks (Czech Republic), Balbix Inc (US), and
BOCO Inter-Telecom Co. Ltd (China).
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