CHICAGO, Aug. 13, 2024 /PRNewswire/ -- The
global AI in Networks market is expected to
be valued at USD 10.9 billion in 2024
and is projected to reach USD 46.8
billion by 2029 and grow at a CAGR of 33.8% from 2024 to
2029 according to a new report by MarketsandMarkets™. The
growing adoption of 5G, IoT, connected devices, and advanced
security solutions creates new avenues for AI in network
applications. Advanced cybersecurity systems are being utilized to
identify real-time threat detection. The heightened focus on
cybersecurity drives the demand for AI in the networks market.
Download PDF
Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=131514910
Browse in-depth TOC on "AI in Networks
Market"
199 – Tables
60 – Figures
283 – Pages
AI in Networks Market Report Scope:
Report
Coverage
|
Details
|
Market Revenue in
2024
|
$ 10.9
billion
|
Estimated Value by
2029
|
$ 46.8
billion
|
Growth Rate
|
Poised to grow at a
CAGR of 33.8%
|
Market Size Available
for
|
2020–2029
|
Forecast
Period
|
2024–2029
|
Forecast
Units
|
Value (USD
Million/Billion)
|
Report
Coverage
|
Revenue Forecast,
Competitive Landscape, Growth Factors, and Trends
|
Segments
Covered
|
By Offering, Function,
Technology and Region
|
Geographies
Covered
|
North America, Europe,
Asia Pacific, and Rest of World
|
Key Market
Challenge
|
Rapid change in the
technology landscape
|
Key Market
Opportunities
|
Increasing prevalence
of smart city initiatives
|
Key Market
Drivers
|
Rising adoption of 5G
technology
|
The AI in networks market for AI networking platforms will hold the
highest CAGR during the forecast period.
AI networking platform is expected to hold the highest CAGR
during the forecast period. The growth is primarily driven by the
demand for a single platform to automate network management tasks.
The platform uses AI and ML technology to identify anomalies,
manage traffic, and increase operational efficiency while
minimizing errors. It also detects equipment failures by analyzing
historical data for scheduled maintenance. Additionally, AI
networking platforms work efficiently with existing infrastructure
and ensure infrastructure interoperability without the need for new
hardware and software.
The AI in networks market for Gen AI technology to hold the
highest CAGR during the forecast period
The AI in networks market for Gen AI technology is expected to
grow at the highest CAGR during the forecast period. Gen AI helps
telecom operators optimize network resource distribution, enabling
the efficient operation of telecom services. It also helps predict
equipment failure patterns based on historical data to schedule
maintenance and minimize downtime. Additionally, Gen AI helps
telecom operators manage and optimize vast traffic data to detect
potential fraud and security breaches. Telecom operators can use
Gen AI in networks to secure their network operations and
customer data.
The AI in networks market for the data center end-use
industry is expected to hold the highest CAGR during the forecast
period.
The AI in networks market for the data centers end-use industry
is expected to hold the highest CAGR during the forecast period.
Data centers utilize AI-driven networking solutions for resource
management, such as dynamic bandwidth allocation, computing power,
and storage. This helps data centers reduce operational costs and
increase performance. Additionally, AI-driven networks help
automate various network management tasks in data centers, from
system updates to traffic routing. These factors contribute to the
significant demand for AI network solutions in data centers.
Inquiry Before Buying:
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=131514910
The AI in networks market for Asia
Pacific to hold the highest CAGR during the forecast
period
The AI in networks industry in the Asia Pacific region is expected to hold the
highest CAGR during the forecast period. Rapid industrialization,
technological advancements, and significant growth in internet and
mobile penetration primarily drive the growth in Asia Pacific. Countries like China, Japan,
India, and South Korea are investing heavily in digital
infrastructure developments in the region. Additionally, various
countries in the region have AI strategies in place, offering
investment, regulatory support, and incentives for the development
of AI-driven network solutions.
Key Players
The AI in networks companies includes significant Tier I
and II players like NVIDIA Corporation, Cisco Systems, Inc. (US),
Telefonaktiebolaget LM Ericsson (Sweden), Hewlett Packard Enterprise
Development LP (US), Arista Networks, Inc. (US), and others. These
players have a strong market presence for AI in networks across
various North America,
Europe, Asia Pacific, and RoW
countries.
Get 10% Free Customization on this Report:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=131514910
Browse Adjacent Market: Aerospace and Defence
Market Research Reports & Consulting
Related Reports:
Network Switches Market Size, Share, Statistics and
Industry Growth Analysis Report by Type (Fixed Configuration
Switches, Modular Switches), End User, Switching Port (100 MBE
& 1 GBE, 2.5 GBE & 5 GBE, 10 GBE, 25 GBE & 50 GBE, 100
GBE, 200 GBE & 400 GBE) and Region – Global Forecast to
2028
Data Center Switch Market by Type (Core, Distribution, and
Access), Technology (Ethernet, Fiber Channel, and InfiniBand), End
User (Enterprise, Telecom, Government, and Cloud), Bandwidth, and
Geography - Global Forecast to 2023
Network Monitoring Market Size, Share, Statistics and
Industry Growth Analysis Report by Offering (Equipment, Software
& Services), Bandwidth (1&10 Gbps, 40 Gbps, 100 Gbps),
Technology (Ethernet, Fiber Optic, InfiniBand), End User and
Geography - Global Forecast to 2027
Silicon Photonics Market (SiPh) Size, Share, Statistics and
Industry Growth Analysis Report with Recession Impact Analysis by
Product (Transceivers, Switches, Sensors), Application (Data
Centers & High-Performance Computing, Telecommunications),
Waveguide, Component and Geography - Global Forecast to 2028
Optical Interconnect Market by Product Category (Cable
Assemblies, Connectors, Optical Transceivers), Interconnect Level,
Fiber Mode, Data Rate, Distance, Application (Data Communication,
Telecommunication), Region - Global Forecast to 2025
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's
best management consulting firms by Forbes, as per their recent
report.
MarketsandMarkets™ is a blue ocean alternative in growth
consulting and program management, leveraging a man-machine
offering to drive supernormal growth for progressive organizations
in the B2B space. We have the widest lens on emerging technologies,
making us proficient in co-creating supernormal growth for
clients.
Earlier this year, we made a formal transformation into one of
America's best management consulting firms as per a survey
conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are
substituting existing revenue streams in this decade alone. We work
with clients on growth programs, helping them monetize this
$25 trillion opportunity through our
service lines - TAM Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement, and Thought
Leadership Marketing.
Built on the 'GIVE Growth' principle, we work with several
Forbes Global 2000 B2B companies - helping them stay relevant in a
disruptive ecosystem. Our insights and strategies are molded by our
industry experts, cutting-edge AI-powered Market Intelligence
Cloud, and years of research. The KnowledgeStore™ (our Market
Intelligence Cloud) integrates our research, facilitates an
analysis of interconnections through a set of applications, helping
clients look at the entire ecosystem and understand the revenue
shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or
follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight:
https://www.marketsandmarkets.com/ResearchInsight/ai-in-networks-companies.asp
Content Source:
https://www.marketsandmarkets.com/PressReleases/ai-in-networks.asp
Logo:
https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/ai-in-networks-market-worth-46-8-billion-by-2029---exclusive-report-by-marketsandmarkets-302220718.html