The advent of 5G network technology and increasing advancements in the IoT sector are the key driving factors of the Intelligent Network market.
The global Intelligent Network Market is anticipated to reach USD 13.04 billion by 2027, from its valuation of USD 2.71 billion in 2019, growing at a steady CAGR of 25.1%. The intelligent network is the standardized network architecture that enables the incorporation of telecommunications services in a flexible method. The intelligent network architectures enable the operators to separate themselves from others by offering value added services in addition to the standard telecom services they offer.
The advent of 5G network technology and increasing advancements in the IoT sector are the key driving factors of the Intelligent Network market. The rising demand for additional services by the customers is anticipated to drive the growth of the Intelligent Network market over the projected period. The advent of advanced technologies like 5G, Cloud, IoT, coupled with increasing data volume and increasing network complications, are further fueling the market growth.
However, the lack of budget for SMEs and minimal awareness about the intelligent network among the consumers is anticipated to hinder the growth of the market over the coming years.
Some of the prominent players in the industry are APCON, Inc., Aria Networks, Aricent, Inc., Aruba Networks, Balbix Inc., BluVector, BOCO Inter-Telecom Co. Ltd., Cisco Systems, Colt Technology Services, Darktrace, Ennetix, Inc., Entuity, Ltd., Ericsson, ExtraHop Networks, Flowmon Networks, Huawei Technologies, Juniper Networks, Loom Systems, Mist Systems, Netcracker Inc., Netrolix LLC, Nitro Mobile Solutions, LLC, Nokia Corporation, Sandvine, and Tech Mahindra Limited.
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For the purpose of this study, Reports and Data has segmented the Intelligent Network Market on the basis of application, end-user, enterprise size, and region:
By Application (Revenue, USD Million; 2017–2027)
By End-user (Revenue, USD Million; 2017–2027)
By Enterprise Size (Revenue, USD Million; 2017–2027)
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By Region (Revenue, USD Million; 2017–2027)
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