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An intelligent network (IN), also known as a smart network, offers technical capabilities or services to simplify the connectivity of networks in remote location areas. Intelligent network helps in eliminating the intermediaries between network functioning and business consequence. This unique ability of intelligent network aids improving the performance as well as the delivery of enhanced and reliable services.
Intelligent network market is growing in the overall network industries at a decent growth rate. This growth is primarily driven by the rising adoption of network devices based on a cloud computing platform in the telecommunication industry. According to various sources, the number of network devices in cloud data centres in Huawei Technologies Co., Ltd is increasing by 50 % every year. As a result, in 2018, globally, the company have deployed more than 20,000 network devices in over 10 data centres.
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The rapid adoption of advanced technologies, such as AI, IoT, and cloud, helps to increase the overall density of the networks. This increase in network density is likely to boost the intelligent network market during the forecast period. Further, rising adoption of big data solutions, enormous data volumes and network centered applications are anticipated to drive the global intelligent network market.
Key providers of cloud solutions are focusing on increasing the number of data centres globally to reduce operation time and cost. This would help increase the demand for massive integrated intelligent network infrastructure. For instance, Huawei Technologies Co., Ltd., IT division had 40,000 network data center units in 2014. However, this number reached around 10 million in numbers by the end of 2017.
Some of the key players in global intelligent network market are Cisco Systems, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Nokia Corporation, Hewlett Packard Enterprise, Orange S.A., Tech Mahindra Limited, Colt Technology Services, Itential, Sandvine, and Netcracker Inc., among others.
· Information Cognition
· Traffic Prediction and Classification
· Resource Management
· Network Adoption
· Performance Prediction
· Configuration Extrapolation
· Telecom Service Providers
· Cloud Service Providers
· Managed Network Service Providers
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
North America is expected to lead the market in terms of market revenue in the forecast period. The rising adoption of network security solutions and network devices is majorly driving the growth of the intelligent network market in North America. Countries such as US and Canada are expected to lead the market, due to technical developments and growing adoption of cloud-based services. Leading providers of intelligent networks such as Cisco Systems, Juniper Networks, and others in the US are augmenting innovative technological architecture and providing reliable network security.
Further, Asia-Pacific is anticipated to be the fastest developing region in the market. Owing to the growing market of IoT services and the fast adoption of cloud service platform by small and medium enterprise and large, APAC is expected to grow with decent CAGR in the forecast period. The government are also taking several initiatives to improve the growth of intelligent network market in this region. For example, during 2017-18, the Chinese government has established ‘China’s ICT governance regime’, which allowed domestic key players to grab the market opportunities to provide enhanced network services to their customers.
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