Network as a Service Market Overview:
Market Research future (MRFR) discusses different factors that can promote the expansion of the network as a service market 2020, in the recently published report. MRFR data reveals that the network as service (NaaS) market can rise at the highest pace across the review period at 28.4% CAGR through the forecast period (2016-2022). The network as service market worth can escalate from USD 35.3 Bn USD 126.8 Bn from 2016 to 2022 across the analysis period. The growing popularity of Network as a Service Market business model due to virtual networking service benefit can impel the expansion of the network as a service market through the forecast period. The high application of cloud computing services and integrate cloud networking framework can add momentum to the market growth.
Fast developments in network virtualization solutions and increase in the adoption of cloud computing are observed as chief causes that can drive the network as a service market through the analysis period. The growing adoption of cloud services replacing traditional practices can support the expansion of the market in the years to come. In addition, the rise in preference for subscription-based (pay per use) business models can support the expansion of the network as a service global market through the analysis period, reveals MRFR study.
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Major Key Players:
Alcatel Lucent (U.S.), Ciena Corporation (U.S), Brocade Communications Systems Inc. (U.S.), Juniper Networks (U.S.), Cisco Systems (U.S.), IBM Corp. (U.S.), NEC Corp. (Japan), Aryaka Networks Inc. (U.S.), VMware (U.S.), and AT&T (U.S.) among others are some notable marketers in the global network as service market as listed by MRFR.
The segment assessment of the global network as a service market is done by service, type, end-user, component, and deployment.
- The type-based segments of the NaaS market are wide area network (WAN) and local area network (LAN).
- The service-based segments of the NaaS market are WAN connection, network virtual function (NVF), data center, and bandwidth.
- The component-based segments of the NaaS market are technology service and infrastructure.
- The deployment-based segments of the NaaS market are on-cloud and on-premise.
- The end-users-based segments of the NaaS market are BFSI, IT and telecommunication, retail, transportation, manufacturing, healthcare, and others. The increased IT applications of NaaS can drive the market in the years ahead.
Detailed Regional Analysis:
The global network as a service market trends are analysed across APAC, North America, EU, and the rest of the world. The inclination towards adoption of disruptive technologies and intense research in telecom industry resulting in rapid development are observed as chief factors that can prompt the expansion of the network as a service market in the years to come.
The rise in cloud-based services can drive North America network as a service market across the analysis period. North America can secure the highest share of the global market, with the US leading the regional market through the study period. In Europe, the surge in the telecommunication sector and rise in network facilities can prompt the expansion of the network as a service market in the years to come. The existence of firm IT infrastructure and rise in the number of IT projects can drive EU NaaS market through study period. In Asia Pacific region, the network as a service market can garner considerable revenue in the years to come. The expansion of APAC NaaS market can be attribute to the initiative taken by government to promote NaaS across rising economies.
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.3 Market Structure
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List of Tables
Table 1 Global Network As A Service Market, By Type
Table 2 Global Networks As A Service Market, By Service
Table 3 Global Networks As A Service Market, By Component
Table 4 Global Networks As A Service Market, By Deployment
List of Figures
Figure 1 Research Network Solution
Figure 2 Global Network As A Service Market: By Type (%)
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