The Europe Intelligent Network Market should witness market growth of 20.9% CAGR during the forecast period (2022-2028).
The demand for INis driven by the constantly escalating networkcomplexity, the enormousgrowth indata generation, and the erratic variations in the data traffic patterns. Corporate networks are coming under more and more strain as users, devices, and applicationsdepend more than ever on the network to connect seamlessly to a broad spectrum of end-user goods.
Organizations are also becoming increasingly interested in cutting-edge management tools as well as new network structures that can primarily use technology like AI and MLto construct anautonomous network. These developments are also altering how businesses depend on their suppliers' and partners' products and services. Major corporations like Cisco Systems assert that the pressure on networks is growing due to the development of data and devices. Moreover, muchof network changes are made manually, resultingin operational expenses that are two to three times higher than the network's value. Such issues increase the demand for IN.
Due to rising government initiatives and efforts by significant market companies in this region, the Europe market is anticipated to experience increasing demandthroughout the projected period. For instance, SES Water started implementing intelligent technology over its entire water distribution system in March 2022. The company's 'self-learning network'highlights issues in each of its 325 district-metered sectors almost immediately so that quick action may be taken to guarantee that customers continue to receivean uninterrupted supply of clean drinking water. Intending to accelerate research & innovation in 5G technology, the European Commission recognized the opportunity presented by 5G early on and established a public-private partnership on the subject (5G-PPP) in 2013. Therefore, the intelligent network market will expand in the region in the coming years.
The Germany market dominated the Europe Intelligent Network Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,044.1 million by 2028. The UK market is anticipated to grow at a CAGR of 19.8% during (2022-2028). Additionally, The France market would exhibit a CAGR of 21.8% during (2022-2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Information Cognition, Traffic Prediction & Classification, Resource Management & Network Adoption and Performance Prediction & Configuration Extrapolation. Based on End-user, the market is segmented into Telecom Service Providers, Cloud Service Providers, Managed Network Service Providers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
The demand for INis driven by the constantly escalating networkcomplexity, the enormousgrowth indata generation, and the erratic variations in the data traffic patterns. Corporate networks are coming under more and more strain as users, devices, and applicationsdepend more than ever on the network to connect seamlessly to a broad spectrum of end-user goods.
Organizations are also becoming increasingly interested in cutting-edge management tools as well as new network structures that can primarily use technology like AI and MLto construct anautonomous network. These developments are also altering how businesses depend on their suppliers' and partners' products and services. Major corporations like Cisco Systems assert that the pressure on networks is growing due to the development of data and devices. Moreover, muchof network changes are made manually, resultingin operational expenses that are two to three times higher than the network's value. Such issues increase the demand for IN.
Due to rising government initiatives and efforts by significant market companies in this region, the Europe market is anticipated to experience increasing demandthroughout the projected period. For instance, SES Water started implementing intelligent technology over its entire water distribution system in March 2022. The company's 'self-learning network'highlights issues in each of its 325 district-metered sectors almost immediately so that quick action may be taken to guarantee that customers continue to receivean uninterrupted supply of clean drinking water. Intending to accelerate research & innovation in 5G technology, the European Commission recognized the opportunity presented by 5G early on and established a public-private partnership on the subject (5G-PPP) in 2013. Therefore, the intelligent network market will expand in the region in the coming years.
The Germany market dominated the Europe Intelligent Network Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,044.1 million by 2028. The UK market is anticipated to grow at a CAGR of 19.8% during (2022-2028). Additionally, The France market would exhibit a CAGR of 21.8% during (2022-2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Information Cognition, Traffic Prediction & Classification, Resource Management & Network Adoption and Performance Prediction & Configuration Extrapolation. Based on End-user, the market is segmented into Telecom Service Providers, Cloud Service Providers, Managed Network Service Providers and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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.
Scope of the Study
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Information Cognition
- Traffic Prediction & Classification
- Resource Management & Network Adoption
- Performance Prediction & Configuration Extrapolation
By End-user
- Telecom Service Providers
- Cloud Service Providers
- Managed Network Service Providers
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- 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)
- Colt Technology Services Group Limited
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. Europe Intelligent Network Market by Enterprise Size
Chapter 5. Europe Intelligent Network Market by Application
Chapter 6. Europe Intelligent Network Market by End-user
Chapter 7. Europe Intelligent Network Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- 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)
- Colt Technology Services Group Limited
Methodology
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