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Intent-Based Networking Market

Intent-Based Networking (IBN) Market Research Report, By Application (Data Center, Remote Office, Cloud), Component (Hardware, Software, Services), End-User (BFSI, IT and Telecommunication), Regional—Global Forecast till 2023

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Intent-Based Networking Market

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  1. Optical Sorter Market Forecast 2023 Intent-Based Networking Market Report-Forecast 2023 P a g e | 1 Copyright © 2017 Market Research Future.

  2. Optical Sorter Market Forecast 2023 VIEW REPORTS SAMPLE REPORTS P a g e | 2 Copyright © 2017 Market Research Future.

  3. Optical Sorter Market Forecast 2023 Summary The cutting-edge technology associated with optical sorter has cameras or laser beams at its core that incorporates automation to sort solid products. Feed system, optical system, image processing unit, and separation system unit form the basic structure of an Optical Sorter Market that then identifies materials to be sorted. The product has gained wide-spread acceptance owing to its ability to differentiate products ranging from wood, plastic, glass to food. The food industry is generating considerable demand for optical sorters as the incorporation of automation in the sector has become essential to increase production capacity by reducing delivery and process time considerably. The global optical sorter market is expecting a staggering 10% CAGR, riding on which it can scale valuation of USD 2 billion during the forecast period (2017- 2023), reveals Market Research Future (MRFR) in an article that holistically analyzes prospects of the said domain. Furthermore, governments are becoming increasingly concerned regarding food safety, and the snowballing labor costs are pushing the food sector more towards the adoption of optical sorters. However, the installation cost of the machine is quite high which can act as a detriment to the market. Along with it, operation and maintenance costs can also go up which can increase the cost of the final product. This factor can act as a market hindrance during the review period. P a g e | 3 Copyright © 2017 Market Research Future.

  4. Optical Sorter Market Forecast 2023 Major Key Players: The prominent players in intent-based networking (IBN) Market are Cisco Systems Inc. (US), Apstra Inc. (US), Veriflow Systems (US), Huawei Technologies Co Ltd (China), Juniper Networks Inc (US), Cerium Networks (US), Pluribus Networks (US), Forward Networks, Inc (US), Anuta Networks (US), Indeni Ltd (US) and others. P a g e | 4 Copyright © 2017 Market Research Future.

  5. Optical Sorter Market Forecast 2023 Segmentation: By application, the market is segmented into data center, remote offices, and cloud By component, the market is segmented into hardware, software and services By end-user, the market is segmented into BFSI, IT and telecommunication, government, defense, healthcare, and others. By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world. P a g e | 5 Copyright © 2017 Market Research Future.

  6. Optical Sorter Market Forecast 2023 Regional Analysis: The global market for Intent-Based Networking Market is estimated to grow at high rate during the forecast period from 2018 to 2023. The geographical analysis of intent- based networking (IBN) market is studied for North America, Europe, Asia-Pacific, and the rest of the world. North America is considered to be the dominating region due to presence of major key players in the region. The US dominates the intent-based networking market in North America. The presence of companies such as Apstra Inc, Veriflow Systems and Cisco in the region has the major market share and is expected to dominate the IBN market during the forecast period. Another factor that is driving the IBN market in North America is due to continuous research and development for the IBN and new development of products by the key players. In 2018, Apstra Inc launched AOS 2.2 that is used by the enterprises to enhance the working capabilities of the network and perform advanced analytics, by reducing the working efficiency. Europe is expected to grow with high pace during the forecast period due to presence of various industries such as BFSI, It and telecom industry and others. Additionally, the European government is also supporting for IBN to reduce the glitches. Asia-Pacific is expected to be the fastest growing market due to increasing investments by the key players in the region. Also, the increasing number of IoT devices in the region is also driving the IBN market, as strong network connectivity is required for information transfer. To enhance the network connectivity infrastructure in the region IBN will play a crucial role and this enables to grow the market in the region. Huawei Technologies Co., Ltd is one of the key players that is leading the growth of market in the region. P a g e | 6 Copyright © 2017 Market Research Future.

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