The Global Network-as-a-Service Market accounted for USD 1.62 billion in 2016 growing at a CAGR of 49.3% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2019 to 2026.
Market Definition: Network-as-a-Service Market
Network-as-a-Service (NaaS) is a cloud model which provides businesses with network services over the Internet on pay-per-use or subscription consumption models. The biggest advantage of NaaS is that it is flexible, and also has network capacity, and scalability. This is cost-saving for the businesses that are running applications from many years. The complexities are easily taken care of by the service provider. It is widely applicable in transportation and logistics, IT and telecom, manufacturing, retail, banking, financial services, and insurance, healthcare, others. Opportunities in controller applications and value-added reseller may act as the major driver in the growth of network-as-a-service market.
Major Market Drivers:
- Network expansion
- Opportunities in controller applications and value-added reseller (VAR) products
- Optimized bandwidth usage
- Reduced network traffic, transparent network visibility, and reduced network maintenance
- Data security and privacy concerns
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Major Key players profiled in this report are:
Cisco, Juniper Networks, IBM Corporation, NEC Corporation, VMware, Inc, ARYAKA NETWORKS, INC., AT&T, Alcatel Lucent, Brocade Communications Systems, Inc., Ciena Corporation, Aerohive, Akamai Technologies, Masergy, Citrix Systems, Inc., Level 3 Communications, LLC,and others.
Segmentation: Global Network-as-a-Service Market
The global network-as-a-service market is segmented on the basis of type into LAN as a service, and WAN as a service.
On the basis of component, the global network-as-a-service market is segmented into infrastructure, and technology service.
On the basis of application, the global network-as-a-service market is segmented into bandwidth on demand, network function virtualization, V-CPE, and integrated network security as a service.
On the basis of vertical, the global network-as-a-service market is segmented into transportation and logistics, IT and telecom, manufacturing, retail, banking, financial services, and insurance, healthcare, others.
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The Global Network-as-a-Service Market research report is the key to achieve success in the competition of the global market place. The report explains market analysis based on regional, local as well as global level. To produce this Global Network-as-a-Service Market report, a team of multilingual researchers who are skilled in different languages come together with which they professionally execute market research globally. By synchronizing with project managers, the team provides the clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets.
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