Intelligent Network Market Size, Trends, Global Industry Review 2022, Company Profiles, Comprehensive Analysis, Development Strategy, Emerging Technologies Forecast to 2031

Kenneth Research, in its repository of market research reports, have recently added a report on Intelligent Network Market which emphasizes on the latest trends, key opportunities, drivers, and the challenges associated with the growth of the market during the forecast period, i.e., 2022-2031. The Intelligent Network Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Intelligent Network Market products.

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Moreover, backed by the increasing demand for high-speed internet amongst the individuals, organizations operating in the field of telecom are increasingly working on deploying 5G network technology, as this technology provides internet access at very high speeds. By 2025, it is estimated that as many as 1.2 billion of total internet connections will account to 5G. Further, one-third of the world is projected to be covered with 5G connectivity by the end of 2025.

The Intelligent Network Market is expected to grow with a significant CAGR during the forecast period, i.e. 2021-2025, on the back of growing internet penetration around the world along with the rising adoption of smartphone. The statistics by the GSMA Intelligence stated that the total unique mobile subscribers as on May 2020 around the world was 5.24 billion.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Global Intelligent Network Market was valued at USD 2.2 Billion in the year 2017. Global Intelligent Network Market is further estimated to grow at a CAGR of 28.2% from 2019 to reach USD 15.63 Billion by the year 2025. North America region holds the highest Market share in 2017 and the Asia-Pacific Market is considered as the fastest growing Market in the forecasted period. At the country level, developed industries like the US as well the emerging industries like China with highest population base holds the notable Market share in 2017 and it is projected to grow at a gradual rate in the coming years.

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Major market players in Intelligent Network Market are Cisco Systems Inc., Huawei Technologies Co. Ltd., Nokia Corp, Colt Technology Services Group Ltd., Telefonaktiebolaget LM Ericsson, Tech Mahindra Limited, Netcracker Inc., Hewlett Packard Enterprise Development LP
Juniper Networks Inc., and brief information of other 10 companies will be provided in the report.
Technological upgradation to cater changing demand of end users Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.

SWOT analysis of Intelligent Network Market:
Strength:

Advancement in Data Volume and Changes in Traffic Patterns
Weakness:
Lack of expertise and skills in Artificial Intelligent based networking
Opportunities:
High adoption of network-based solutions
Threats:
Lack of awareness among Network Administrators

Segmentation is done on the basis of End- User includes Managed Network Service Providers, Telecom Service Providers, Cloud Service Providers and Other Enterprises of which the Cloud Service Provider segment is expected to hold the highest Market share during the forecast period. On the other hand, segmentation done on the basis of Enterprise Size include large enterprise and small and medium-sized enterprises of which large enterprise segment is expected to grow at the highest CAGR during the forecast period.

Intelligent Network Market Segmentation:
By Enterprise Size

• Large Enterprise
• Small and Medium-sized Enterprises

By Application
• Information Cognition
• Performance prediction and Configuration Extrapolation
• Traffic Prediction and Classification
• Resource Management and Network Adoption

By End-user
• Managed Network Service Providers
• Telecom Service Providers
• Cloud Service Providers
• Other Enterprises

By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa

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