Network as a Service Market, By Type (Wide Area Network Services (WAN), Wireless as a Service (Waa S), Local Area Network Services (LAN) and Others) By Application (IT and Communication Sector, Government & Public Sectors, Healthcare, Retail, Manufacturing, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI491122 | Publish Date: May 2023 | No. of Pages: 170

Network As A Service Market Overview

Network as a service (NaaS) is a cloud service built model. Networks are widespread and grown because of Internet. To enable exchange and connections, network services has provides the infrastructure. In Naas the customers take on rent the networking services from cloud providers. Linkage relationships, combination of nodes, activity for coordinating and controlling the combinations has emerge in creating & providing healthcare services & conducting research. Naas has wide variety of advantages like better network administration, more effective call routing and higher sound quality which helps consumer to concentrate on work without being distracted by IT concerns. Examples of NaaS includes Community Social and Personal Services like Level 3 Communications, Verizon, Telefonica, Rackspace and Amazon. Software, services, hardware, licensing components and management are included in NaaS. Numerous companies are using networks to enable exchange of knowledge, information, and resources like Airbnb, Wikipedia and Amazon.  The Network as a Service Market size accounted for US$ 7.4 billion in 2020 and is estimated to be US$ 131.35 billion by 2030 and is anticipated to register a CAGR of 32.7%.

Network As A Service Market Dynamics

                                                  Rise in use of Internet in healthcare

Rise in use of internet and technology is one of the leading factors for the Global Network as a Service Market growth. On internet high amount of information is carried out in low cost as internet pricing is based on usage. Internet has wide variety of applications in healthcare. Internet enables the healthcare providers to obtain rapid access to information which can helps in diagnosis of diseases and provide the suitable treatment. Internet helps to communicate the patients with healthcare providers, health plan administrators to receive home health care. Internet helps in supporting variety of health-related activities. The Internet used to facilitate the communication by email between patients and care providers in the form of electronic mail. It helps in improving care within a time and lowering costs due to reduction in physical visit at health clinics. Internet helps to keep the health record of so that individual can directly access to their personal health records. However, voluminous records of patients have maintained within organizations like lab results, dates and time of consultations, prescriptions and more. For instance, 2021 Internet of Things (IoT) enabled technologies to be helpful in COVID-19 pandemic by providing information and facilities system in the medical field.

                                                      Technological advancement

Manufactures involved in network as a service in market are developing advanced versions of their products due to new age technological advancements. The latest technology in networking are 5G cellular, Network automation, Wi-Fi 6, SD-WAN. The technological advancement in network as a service has made elements of business like communication, purchasing, manufacturing, sales and advertising making it more effective, and easier in businesses. Thus, technological advancement has speed up the workflow providing the absolutely necessary systems for organizing the information. Advantages in service delivery using technology includes, saving customers time, money, labour capital. Businesses can reach more potential markets, serve more customers by using technology. For instance, Cisco announced new technology which can predict enterprise network issues before they happen to prevent problems and helps in increasing reliability. The predictive software engine is somewhat built to gather data within company’s network, which will able to help engineers to find hardware issues, app configuration changes, bandwidth spikes by learning patterns before they cause specific problems.

Restrains:

However, the expensive cost of file servers and network cabling will somewhat restrain the growth in Global Network as a service in market.

Network As A Service Market Segmentation

Source: Prophecy Market Insights

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The Global Network as a Service Market is segmented based on type, application, and region.

On the basis of type, the Global Network as a Service Market is segmented into Wide Area Network Services (WAN), Wireless as a Service (Waa S), Local Area Network Services (LAN), and others. On the basis of application, the target market is classified into IT and Communication Sector, Government & Public Sectors, Healthcare, Retail, Manufacturing, and others.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the Global Network as a Service Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor is anticipated to increase demand for Network as a Service Market in the region.

Report Scope:

Attribute

Details

Base year for estimation

2020

Forecast period

2020 – 2030

Market representation

Revenue in USD Billion & CAGR from 2020 to 2030

Market Segmentation

By Type - Wide Area Network Services (WAN), Wireless as a Service (Waa S), Local Area Network Services (LAN), and others

By ApplicationIT and Communication Sector, Government & Public Sectors, Healthcare, Retail, Manufacturing, and others

 

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Network as a Service Market report based on type, application, and region:

Global Network as a Service Market, By Type:

  • Wide Area Network Services (WAN)
  • Wireless as a Service (Waa S)
  • Local Area Network Services (LAN)
  • Others

Global Network as a Service Market, By Application:

  • IT and Communication Sector
  • Government & Public Sector
  • Healthcare
  • Retail
  • Manufacturing
  • Others

Global Network as a Service Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Network As A Service Market Key Players

The key players operating the Global Network as a Service Market includes, Global Cloud Exchange, Alcatel Lucent, Masergy, Cisco Systems Inc., Cloudfare Inc., Brocade Communications Systems Inc., Juniper Networks, IBM Corporation, Meta Networks, Arista, Extreme Networks, Verizon Wireless Inc., Aryaka Networks Inc., NETSCOUT, Ciena Corporation, Oracle Corporation, Telstra, NEC Corp, AT&T Inc., Century Link, SYNNEX, Silver Peak Systems etc. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2022, Oracle Cloud Infrastructure launched the new innovations expanding with 11 new networking, compute & storage services and capacity to enable the customers to run their workloads faster and within period of time which is also cost effective for customers.

Network As A Service Market Company Profile

  • Oracle*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Global Cloud Exchange
  • Alcatel Lucent
  • Masergy
  • Cisco Systems Inc.
  • Cloudfare Inc.
  • Brocade Communications Systems Inc.
  • Juniper Networks
  • IBM Corporation
  • Meta Networks
  • Arista
  • Extreme Networks
  • Verizon Wireless Inc.
  • Aryaka Networks Inc.
  • NETSCOUT
  • Ciena Corporation
  • Telstra
  • NEC Corp
  • AT&T Inc.
  • Century Link
  • SYNNEX
  • Silver Peak Systems

“*” marked represents similar segmentation in other categories in the respective section

Network As A Service Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Network as a Service Market, By Type
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Wide Area Network Services (WAN)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Wireless as a Service (Waa S)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Local Area Network Services (LAN)
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Network as a Service Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview                                      
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • IT and Communication Sector
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Government & Public Sectors
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Healthcare
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Retail
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Manufacturing
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  1. Global Network as a Service Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  2. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  3. Company Profiles
  • Global Cloud Exchange
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Alcatel Lucent
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Masergy
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cisco Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Cloudfare Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Brocade Communications Systems Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Juniper Networks
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IBM Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Meta Networks
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Arista
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Extreme Networks
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Verizon Wireless Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Aryaka Networks Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NETSCOUT
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ciena Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Oracle Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Telstra
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • NEC Corp
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • AT&T Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Century Link
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SYNNEX
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Silver Peak Systems
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Network as a Service Market is segmented into basis of on type, application, and region.

Rise in use of internet and technology is one of the leading factors for the Global Network as a Service Market growth.

By region, The North America market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements.

The Key players operating in the Network as a Service Market includes Global Cloud Exchange, Alcatel Lucent, Masergy, Cisco Systems Inc., Cloudfare Inc., Brocade Communications Systems Inc., Juniper Networks, IBM Corporation, Meta Networks, Arista, Extreme Networks, Verizon Wireless Inc., Aryaka Networks Inc., NETSCOUT, Ciena Corporation, Oracle Corporation, Telstra, NEC Corp, AT&T Inc., Century Link, SYNNEX, Silver Peak Systems etc