Network as a Service Market

“Global Network as a Service Market: Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2024-2029” provides a deep and thorough evaluation of the global network as a service market. Network as a service (NaaS) is a cloud computing service model that enables organizations to outsource the management and delivery of their networks and services from a third-party provider. It is a type of infrastructure-as-a-service (IaaS) solution that provides organizations with a flexible and cost-effective way to scale their networks and network-related services. It helps businesses to deploy new network services and manage existing ones quickly and easily. This solution also enables enterprises to reduce their capital expenditure and operating costs and streamline their IT operations. Additionally, it assists organizations with a range of network services, including software-defined networking (SDN), virtual private networks (VPNs), and cloud-based firewalls. Besides this, it aids businesses with enhanced network security and performance, as well as improved visibility into their networks. Some of the common applications of network-as-a-service include bandwidth on demand, network access control, secure web gateway, UCaaS/video conferencing, WAN optimization, cloud, and SaaS connectivity, and virtual private network. The demand for NaaS is rising as it helps organizations to achieve greater scalability, agility, and cost savings.

The growing adoption of cloud computing across multiple establishments majorly drives the global market. Since NaaS provides businesses the flexibility and scalability to support their cloud-based applications, allowing them to add or remove resources as needed easily, this has led to the shift toward cloud-based services, thereby positively influencing the market. Coupled with this, the growing penetration of the internet of things (IoT) across the globe is significantly supporting the NaaS market as it offers the necessary infrastructure to support the flexible business environment. With NaaS, businesses can easily connect and manage their IoT devices, allowing them to understand better and control their networks, further impacting the demand favorably. In addition, due to the emerging trend of automation in the IT sector, the employment of NaaS has rapidly accelerated as it enhances their resources and increases efficiency. Apart from this, the widespread adoption of the network as a service (NaaS) among enterprises to protect networks from potential threats and improve security features is providing a thrust to the market. Moreover, the increasing shift toward software-defined networking (SDN)- and network functions virtualization (NFV)- based cloud native solutions over traditional networking models is creating a positive market outlook. 

Beginning with a global overview, the report explores the dynamics that have a strong influence on the network as a service market and can also impact its future growth. Taking 2023 as the base year, the report covers the historical market scenario from 2018-2023 and provides forecasts till 2029. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the network as a service market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the network as a service market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the network as a service industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the network as a service industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the network as a service industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the network as a service industry. Furthermore, the value chain analysis of the network as a service industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Network as a Service Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the network as a service industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.