AI in Networks Market

AI in Networks Companies -Resideo Technologies Inc (US) and nVent Electric Plc (UK) are the Key Players

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, growing at a CAGR of 33.8% from 2024 to 2029. Market players ' major growth strategies are product launches, acquisitions, collaborations, partnerships, agreements, and expansions. These strategies have enabled them to fulfill the growing demand for AI in Networks from different verticals and expand their global footprint by offering products in all the major regions.    

Key players operating in the AI in Networks market are NVIDIA Corporation (US), Cisco Systems, Inc. (US), Telefonaktiebolaget LM Ericsson (Sweden), Hewlett Packard Enterprise Development LP (US), Arista Networks, Inc. (US), Juniper Networks, Inc. (US),  Ciena Corporation (US), Extreme Networks (US), Fujitsu (Japan), Huawei Technologies Co., Ltd. (China), Nokia (Finland), Dell Inc. (US), Forward Networks (US), Fortinet, Inc. (US), Anuta Networks International LLC (US), Palo Alto Networks (US), NETSCOUT (US), A10 Networks, Inc. (US), Versa Networks, inc. (US),  Riverbed Technology (US), IBM (US),  ALE International (France), BlueCat Networks (Canada), GIGABIT Technologies Pvt. Ltd. (India), SolarWinds Worldwide, LLC (US), and Zoho Corporation Pvt. Ltd. (India).

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Major AI in Networks companies include:

  • NVIDIA Corporation (US)
  • Cisco Systems, Inc. (US)
  • Telefonaktiebolaget LM Ericsson (Sweden)
  • Hewlett Packard Enterprise Development LP (US)
  • Arista Networks, Inc. (US)

NVIDIA Corporation (US)

NVIDIA Corp. is the leading provider of computer graphics processors, chipsets, and related multimedia software. Company operates its business through these business segments: Graphics Processing Unit (GPU) and Compute and Networking. Graphics Processing Unit (GPU) segment provides GPUs for PCs and gaming and related infrastcuture. It also offers cloud-based computing, automotive platforms, and enterprise software for internet applications. The Compute and Networking segment offers data centers computing solutions and networking platforms. It also offers AI enterprise cloud software services through the segment.  In the AI in network market, company provides network ethernet switches and AI networking platform catering to data centers, telecom service providers and enterprise industries.

Cisco Systems, Inc. (US)

Cisco is the leading player in the AI in networks market. Company offers solutions related to networking, security, collaboration and cloud for businesses of all sizes, public institutions, governments, and service providers, including large webscale providers. It offers wide range of networking solutions such as ethernet switches, router, software, and end-to-end network infrastcuture solutions. Company operates its business through geographical segments: Americas, Europe, Middle East, and Africa, Asia Pacific, Japan, and China. Cisco offers AI driven networking platform which includes cloud driven automation and detailed network insights. It also offers range of services for network management and security. It includes lifecycle services, hardware and software support services.

Telefonaktiebolaget LM Ericsson (Sweden)

Ericsson is a leading provider of mobile connectivity solutions to telecom operators and enterprises in various sectors. Its portfolio spans the following areas: Networks, Cloud Software and Services, Enterprise Wireless Solutions, Global Communications Platforms, and Intellectual Property Rights (IPR) licensing. Its solutions for Communications Service Providers (CSP) are sold and distributed through five geographical market areas: North America; Europe and Latin America; Middle East and Africa; Southeast Asia, Oceania and India; and Northeast Asia. Company offers complet portfolio solutions for core networks, business and operational support systems, network design and optimization, and managed network services. Its software solutions helps service providers completely manage and transform network operations.

Hewlett Packard Enterprise Development LP (US)

Hewlett Packard Enterprise Co. is a global provider in information technology, enterprise products, service and software solutions. Company offers AI driven networking hardware and software solutuons through its HPC and AI segment. These solutions include ethernet switches, networking software and services catering to telecom service providers, enterprises, data centers, and government industries. Company’s networking software deliver AI powered analytics, end-to-end automation and advanced security to deploy and secure networks operations. Additionally, company has a diverse regional presence across America, Europe, Middle East and Africa, and Asia Pacifc, enhancing its customer base and strengthen its market position.  

Arista Networks, Inc. (US)

Arista Networks, Inc. designs, manufactures, and delivers leading software-driven cloud networking solutions. Arista Networks is an industry leader in data-driven, client-to-cloud networking for large data centers, campus, and routing environments. Arista’s platforms deliver availability, agility, automation, analytics, and security through an advanced network operating stack. Arista's high-speed Data Center and Cloud Networking systems include newer artificial intelligence ("AI") Ethernet switching platforms. It also provides a suite of value-added software solutions that leverage Arista’s EOS to provide advanced end-to-end orchestration, automation, analytics, network monitoring, and security.

The company sells its products through both a direct sales force and channel partners, competing primarily in the high-speed data center Ethernet switching markets for 10 Gigabit Ethernet ("GbE") and above, including the AI Ethernet switching market, the cloud-grade and enterprise routing markets, and the campus wired and wireless markets.

Related Reports:

AI in Networks Market by Offering (Router & Switches, AI Networking Platform, Management Software, Software Defined Networking), Function (Optimization, Cybersecurity, Predictive Maintenance), Technology (Gen AI, ML, NLP) - Global Forecast to 2029

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AI in Networks Market Size,  Share & Growth Report
Report Code
SE 9113
RI Published ON
8/7/2024
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