The global network-as-a-service (NaaS) market is anticipated to grow rapidly, reaching a projected value of $142,037.3 million by 2031 and registering a remarkable CAGR of 30.2% from 2021 to 2031. The market is expanding as a result of the enormous expansion of the IT sector and the quickening adoption of cloud services by both large and small businesses. The market’s continuous growth is also greatly aided by the expansion of new data centre infrastructures and several technical developments, such as linked devices, 5G, the Internet of Things (IoT), virtual reality (VR), and augmented reality (AR).
Businesses are increasingly depending on effective and scalable network infrastructure to support their operations as the IT sector continues to flourish. As a flexible option, Network-as-a-Service (NaaS) gives businesses the ease of outsourcing network management and infrastructure to service providers. This enables businesses to concentrate on their core skills while utilising the networking expertise of NaaS providers. The growth of NaaS across numerous industrial sectors is driven by the growing demand for flexible and affordable networking solutions.
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The extensive use of cloud services by businesses also contributes to the NaaS market’s expansion. The requirement for dependable and scalable network access becomes crucial as enterprises move their operations to the cloud. With the help of NaaS, businesses may access network resources on demand, guaranteeing smooth access to cloud platforms and services. As a result, cooperation is improved, business agility is increased, and effective network infrastructure management is made possible.
The global network-as-a-service (NaaS) market is expected to experience rapid growth due to a number of factors, including the IT sector’s rapid expansion, the rapid use of cloud services, the construction of data centre infrastructures, and several technological developments. Businesses working in this industry have the opportunity to take advantage of the expanding demand for NaaS to achieve significant growth, with an estimated valuation of over $142,000 million by 2031.
Highlighted with 80 tables and 87 figures, this 191-page report “Global Network-as-a-Service (NaaS) Market 2021-2031 by Component (Infrastructure and Hardware, Technology and Software), Service Type (LAN-as-a-Service, WAN-as-a-Service, SaaS, WaaS, EMS, VaaS), Application (WAN, BoD, vCPE, INSaaS, VPN, Others), Industry Vertical, Enterprise Size, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global network-as-a-service (NaaS) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2018-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global network-as-a-service (NaaS) market in every aspect of the classification from perspectives of Component, Service Type, Application, Industry Vertical, Enterprise Size, and Region.
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Based on Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Infrastructure and Hardware
- Technology and Software
Based on Service Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- LAN-as-a-Service
- WAN-as-a-Service
- Security-as-a-Service (SaaS)
- Wireless-as-a-Service (WaaS)
- Enhanced Mobile Services (EMS)
- Voice-as-a-Service (VaaS)
By Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Wide Area Network (WAN)
- Bandwidth on Demand (BoD)
- Cloud-based Services (vCPE)
- Integrated Network Security-as-a-Service (INSaaS)
- Virtual Private Network (VPN)
- Other Applications
By Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- IT and Telecom
- Retail and Ecommerce
- BFSI
- Healthcare
- Manufacturing
- Transportation and Logistics
- Government & Public Sector
- Other Industry Verticals
By Enterprise Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Large Enterprises
- Small & Medium Enterprise
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa, Other Nations)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of national markets by Service Type, Application, and Industry Vertical over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
- Akamai Technologies
- Aryaka Networks
- AT&T Inc.
- Brocade Communication Systems Inc.
- CenturyLink Inc.
- Ciena Corporation
- Cisco Systems Inc.
- DXC Technology Company
- GTT Communications Inc.
- Hewlett Packard Enterprise Co.
- IBM Corporation
- Juniper Networks Inc.
- Masergy Communications
- Meta Networks Ltd.
- NEC Corporation
- Nokia Corporation (Alcatel Lucent)
- Oracle Corporation
- Synnex Corporation
- Telstra Corporation Limited
- Verizon Communications Inc.
- VMware Inc.
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