Market Overview:
The global network-as-a-service market is expected to grow from USD 2.02 billion in 2018 to USD 10.01 billion by 2030, at a CAGR of 24.8% during the forecast period. The growth of this market can be attributed to the increasing demand for cloud services and the need for agility and flexibility in networking infrastructure. LANaaS (LAN-as-a service) is expected to hold the largest share of the global network-as service market in 2018, owing to its low cost and easy deployment as compared with WANaaS (WAN - as - a - service).
Product Definition:
A Network-as-a-Service (NaaS) offering enables customers to consume networking services in a pay-per-use model. This type of service can be used to provide connectivity for cloud workloads, data centers, or branch offices. NaaS offerings can also be used to connect multiple clouds or data centers together.
LANaaS (LAN-as-a-Service):
LANaaS is a cloud-based solution that provides network capacity as a service. It helps enterprises to lease physical infrastructure and virtual servers on demand, thereby allowing them to reduce their capital expenditure (CAPEX) and operating expenditure (OPEX). The service also offers features such as centralized management, scalability, security & compliance along with disaster recovery & high availability at an economical price.
The global LANaaS market was valued at USD 1.07 billion in 2015.
WANaaS (WAN-as-a-Service):
WANaaS is a cloud-based service that allows remote access to corporate applications and data from any location. It also helps in reducing the total cost of ownership by offering scalable, secure and reliable connectivity to users at reasonable prices. WANaaS can be used for various purposes such as collaboration, content distribution, virtual meeting & webcasting among others.
The key drivers of the market include growing adoption of cloud services across small & medium enterprises.
Application Insights:
The large enterprises segment dominated the global network-as-a-service market in 2017. The segment is expected to witness significant growth over the forecast period owing to increasing demand for cloud services and need for managing data centers efficiently. Furthermore, growing adoption of automation solutions is further expected to drive the market over the forecast period.
Small and medium enterprises (SMEs) are projected to emerge as prominent application segment during the study period owing to increasing penetration of SMEs in developing countries such as India, China and Brazil which offer low cost labor force thereby making it affordable for small businesses owners. Furthermore, these companies require a high level of security regarding their data which can be managed through automation solutions offered by vendors in networkaaS market space thus driving demand from SMEs over next seven years.
Regional Analysis:
The North American region dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of service providers and enterprises. Moreover, these companies are continuously investing in network infrastructure expansion for enhanced performance and higher capacity. This is also expected to drive the regional demand over the forecast period.
Asia Pacific is projected to emerge as a lucrative regional market during the same period owing to increasing adoption by SMEs for conducting business operations over mobile devices, thereby driving their requirement for LANaaS solutions in this region. Furthermore, increased government initiatives towards implementation of cloud services are further anticipated to fuel industry growth across APAC during 2018-2030 periods ending with 2030CE (2030 Common Era).
Growth Factors:
- Increasing demand for bandwidth and network capacity to support the growth of data-driven applications and services.
- Proliferation of connected devices and the Internet of Things (IoT) driving the need for more reliable, secure, and scalable networks.
- Rapid adoption of cloud computing services requiring fast, low-latency networking capabilities.
- Emergence of new technologies such as 5G, software-defined networking (SDN), and network function virtualization (NFV) that are creating opportunities for Network-as-a Service providers to offer innovative new services and solutions.
- Growing demand for managed network services as businesses look to outsource their networking needs in order to reduce costs and focus on their core competencies
Scope Of The Report
Report Attributes
Report Details
Report Title
Network-as-a-Service Market Research Report
By Type
LANaaS (LAN-as-a-Service), WANaaS (WAN-as-a-Service)
By Application
Small and Medium Enterprises (SMEs), Large enterprises
By Companies
Cisco Systems, Juniper Networks, IBM, NEC, VMware, Aryaka Networks, Alcatel Lucent, AT&T, Brocade Communications Systems, Ciena
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Network-as-a-Service Market Report Segments:
The global Network-as-a-Service market is segmented on the basis of:
Types
LANaaS (LAN-as-a-Service), WANaaS (WAN-as-a-Service)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium Enterprises (SMEs), Large enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco Systems
- Juniper Networks
- IBM
- NEC
- VMware
- Aryaka Networks
- Alcatel Lucent
- AT&T
- Brocade Communications Systems
- Ciena
Highlights of The Network-as-a-Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LANaaS (LAN-as-a-Service)
- WANaaS (WAN-as-a-Service)
- By Application:
- Small and Medium Enterprises (SMEs)
- Large enterprises
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Network-as-a-Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Network-as-a-Service (NaaS) is a model for delivering cloud computing services. In NaaS, the provider manages the infrastructure and provides access to applications and data through a web browser or application interface. Customers can deploy their own applications on the provider's infrastructure, or use prebuilt applications provided by the provider.
Some of the key players operating in the network-as-a-service market are Cisco Systems, Juniper Networks, IBM, NEC, VMware, Aryaka Networks, Alcatel Lucent, AT&T, Brocade Communications Systems, Ciena.
The network-as-a-service market is expected to register a CAGR of 24.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Network-as-a-Service Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Network-as-a-Service Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Network-as-a-Service Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Network-as-a-Service Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Network-as-a-Service Market Size & Forecast, 2020-2028 4.5.1 Network-as-a-Service Market Size and Y-o-Y Growth 4.5.2 Network-as-a-Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LANaaS (LAN-as-a-Service)
5.2.2 WANaaS (WAN-as-a-Service)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Small and Medium Enterprises (SMEs)
6.2.2 Large enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Network-as-a-Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Network-as-a-Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LANaaS (LAN-as-a-Service)
9.6.2 WANaaS (WAN-as-a-Service)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Small and Medium Enterprises (SMEs)
9.10.2 Large enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LANaaS (LAN-as-a-Service)
10.6.2 WANaaS (WAN-as-a-Service)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Small and Medium Enterprises (SMEs)
10.10.2 Large enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LANaaS (LAN-as-a-Service)
11.6.2 WANaaS (WAN-as-a-Service)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Small and Medium Enterprises (SMEs)
11.10.2 Large enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LANaaS (LAN-as-a-Service)
12.6.2 WANaaS (WAN-as-a-Service)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Small and Medium Enterprises (SMEs)
12.10.2 Large enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LANaaS (LAN-as-a-Service)
13.6.2 WANaaS (WAN-as-a-Service)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Small and Medium Enterprises (SMEs)
13.10.2 Large enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Network-as-a-Service Market: Competitive Dashboard
14.2 Global Network-as-a-Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cisco Systems
14.3.2 Juniper Networks
14.3.3 IBM
14.3.4 NEC
14.3.5 VMware
14.3.6 Aryaka Networks
14.3.7 Alcatel Lucent
14.3.8 AT&T
14.3.9 Brocade Communications Systems
14.3.10 Ciena