Published Date: 31-Mar-23
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According to a new report, published by KBV research, The Global Intelligent Network Market size is expected to reach $16 billion by 2028, rising at a market growth of 21.1% CAGR during the forecast period.
The Small & Medium Enterprises segment is showcasing a CAGR of 20% during (2022 - 2028). Modernizing SMEs today relies heavily on inter-firm linkages, like subcontracting, franchising, joint ventures, alliance building, or developing international and domestic cooperative arrangements. These connections enable SMEs to learn about export market customer preferences, how the market functions, and the features of worldwide output and competition.
The Information Cognition segment acquired maximum revenue share in the Global Intelligent Network Market by Application in 2021 thereby, achieving a market value of $5.7 billion by 2028. This can be related to the growing demand for information identification to gather operational network data such as network characteristics, traceroute, traffic matrix, and other fundamental operations. Cognitive computing technology is used by intelligent networks to provide continuous wide-area coverage, low-power big connections, high-capacity hotspots, high dependability, low latency, and other outcomes.
The Cloud Service Providers segment has shown the growth rate of 21.6% during (2022 - 2028). To take advantage of practical digital services and platforms in the world of the cloud, every person, family, and business needs a network connection at all times. The pace of enterprise digital change has accelerated, and better linkages are urgently needed. A new class of service networks can move networks to the cloud while integrating cloud-network security due to an intelligent cloud-network solution.
The North America market dominated the Global Intelligent Network Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5.6 billion by 2028. The Europe market is exhibiting a CAGR of 20.9% during (2022 - 2028). Additionally, The Asia Pacific market would display a CAGR of 21.7% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/intelligent-network-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Orange S.A., Tech Mahindra Limited, Juniper Networks, Inc., Nokia Corporation, Cisco Systems, Inc., Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), NetCracker Technology Corporation (NEC Corporation), Telefonaktiebolaget LM Ericsson, Aruba Networks (Hewlett Packard Enterprise Company) and Colt Technology Services Group Limited.
By Enterprise Size
By End User
Unique Offerings from KBV Research
North America Intelligent Network Market size & Opportunities 2022-2028
Europe Intelligent Network Market & Growth Forecast 2022-2028
Asia Pacific Intelligent Network Market Share & Industry Outlook to 2028
LAMEA Intelligent Network Market Growth, Trends & Forecasts 2022-2028