A recent report published by Infinium Global Research on intelligent networks market provides in-depth analysis of segments and sub-segments in the global as well as regional intelligent networks market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional intelligent networks market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global intelligent networks market. According to the report, the global intelligent networks market is projected to grow at a CAGR of 25.1% over the forecast period of 2018-2024.
The intelligent network is the service-specific telecommunication network. This technology is intended to develop and control telecommunication services more effectively. The continued expansion of the communication method is increasing rapidly. Thus, the existing network architecture is not supported the increased complex services. The intelligent network helps to carry networking more easily and provides a flexible and reliable path for databases. This network offers a framework to generate various services in the integrated place, independent of the switch. The intelligent network provides various benefits that include digitalization and the change of line switching. It helps to monitor and manage the complete telecommunication services. It enhances the evolution and development of new services as per the consumer’s preference. In addition, intelligent networks are more time effective, reliable and efficient as compare to the traditional network infrastructure.
The primary factors that drive the growth of intelligent networks market are includes, changing network traffic patterns and adaption of intelligent technology across the world. Additionally, the intelligent network provides several benefits over the traditional methods that contributing to the growth of intelligent network market. However, the difficult configuration of the intelligent network and the high cost of installation are expected to hamper the growth of this market. Furthermore, the high adoption of the Internet of things and big data are projected to create several opportunities in this market over the forecast period. The digital transformation across several industry verticals are expected to boost the market of intelligent network in upcoming years.
Geographically, North America is the dominating region in the intelligent network market followed by Europe. The high adaption of intelligent networks across several industry verticals is driving the growth of this market in the North America region. Moreover, the factors such as the presence of major players, growing demand for intelligent technologies from the cloud service providers are contributing to the growth of intelligent network market. Additionally, Asia Pacific is the fastest growing region in the intelligent network market. The high rate of adoption of cloud-based service by medium and small enterprises are likely to create several growth opportunities for this market in the Asia Pacific region.
The report on global intelligent networks market covers segments such as application, and end-user. On the basis of application, the sub-markets include resource management and network adoption, traffic prediction and classification, information cognition, performance prediction and configuration extrapolation, and others. On the basis of end-user, the sub-markets include telecom service providers, managed network service providers, cloud service providers, and other enterprises.
The report provides profiles of the companies in the market such as FUJITSU, Loom Systems, Sandvine, Netcracker Inc., Colt Technology Services Group Limited, Juniper Networks, Inc., Nokia, Tech Mahindra Limited, Telefonaktiebolaget LM Ericsson, Huawei Technologies Co., Ltd., and Cisco.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of intelligent networks market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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