Get more nformation on Network-as-a-Service (Naas) Market - Request Sample Report
Network-as-a-Service (Naas) Market size was recorded at USD 19.2 billion in 2023 and is expected to reach USD 285.9 billion by 2032, growing at a CAGR of 35% over the forecast period of 2024-2032.
This rapid growth of the Network-as-a-Service market has mostly occurred due to widespread cloud-based services, and proliferation of IoT devices that require a decent network infrastructure, and a desire for scalable networks. Enterprises are adopting Network-as-a-Service to simplify operations, lower costs and provide the flexibility needed as business demands evolve. Additionally, the surge in remote work and digital transformation projects are also driving business needs for NaaS offerings. In Addition to that, Software-defined networking summarizes the lower-level functionality as it relates to network services as it is a major milestone in network architecture that helps enable unified communications and collaboration (UC&C) applications. It has evaded hardware approaches with software solutions and streamlined network management, and decouples the control and data plane, thus enabling programmable as well as software-driven networks. All these factors together contribute to accelerating the market growth of the NaaS model.
As most of the organizations have stated approx. 75% of their work is held by Cloud in 2023. Cisco System (2023) disclosed that cloud-native technologies such as DevOps & CloudOps are used in 91% of their apps. Accordingly, with over 30% of the market for cloud-based services, Amazon Web Service (AWS) is the industry leader.
Of the 33,000 cloud service providers worldwide, over 17,000 are situated in the United States. These companies use cutting-edge technology like artificial intelligence (AI), machine learning (ML), virtual reality (VR), and so forth.
Key Drivers:
As cloud-based services are growing in usage since more and more applications work in a browser. With increasing investments by SMEs, cloud computing is being adopted. Based on data provided by Cisco Systems, in 2023 the IP traffic was predicted to approach around 20,407 Exabytes for global cloud data centers. Therefore, the cloud services segment is anticipated to drive market growth. In addition, as businesses are becoming more reliant on cloud infrastructure services to operate their applications and store data in the cloud, there is a growing trend for business use of cloud-based VPN services.
Restraints:
Opportunities:
The primary drivers for cloud-based Network as a Service adoption are the need to enable enterprises seamless connectivity and access corporate resources from anywhere and anytime in a hybrid work model. Cost-efficient, scalable, and flexible networking solutions demand led by on-prem CapEx shifting to OpEx model used via cloud network infrastructure service providers such as Microsoft Azure Cloud Networking, AWS Virtual Private Networks & GCP Google Global Net. Latest technology trends such as Software Defined networks SDNs + programmable networking provide centralized management and control of network resources across multiple sites, and scalability to adapt as you grow or your business changes.
Challenges:
The medium-sized companies with significant costs in distant, regional campuses and data center connectivity and security infrastructure, switching to NaaS will be a challenge and time-intensive task. Because Network-as-a-Service relies on fast, low-latency internet providers, any loss of the WAN connection can seriously hinder or even stop the operation of the business network.
By Type
The WANaaS segment dominated the market with the largest revenue share of around 66.3% in 2023, as WAN services are one of the most commonly adopted solutions for enterprises across different industry sectors. All those are integrated resources that you use to build a chain of communication and finally bring together multiple mobile phones, and computers with remote offices into 1 system called the data center. WAN connection can be configured to support public or private gateway connections depending on the customer's requirements.
Need any customization research on Network-as-a-Service (Naas) Market - Enquire Now
By Enterprise Size
The large enterprise segment led the global cloud orchestration market with more than 40% of revenue share in 2023, as organizations across sectors are increasingly moving towards NaaS and Platform as a Service. For large enterprises, virtualization enables companies to conduct extensive control over these resources and is especially useful for managing connections between distant branches of a company or rising support for the BYOD (bring your device) trend that allows users can also configure their devices. Since these technologies reduce the cost of investment and allow companies to invest in other areas, it is expected that networks as a service will be adopted faster.
The small and medium-sized enterprise segment is expected to grow at a significant rate, as it would not depend on high infrastructure costs. Low-cost cloud services and as-a-service models have been prompting SMEs to concentrate on digital transformation to benefit from emerging technologies like cloud, SDN, analytics –IoT.
By Industry
The IT & Telecommunication segment led the market with 27% of the market share in 2023. Because of the large financial benefits, IT & telecommunication businesses are replacing their traditional enterprise networks with virtualization technology. This segment describes how cloud-enabled virtualization techniques can enable telecom carriers and network service providers to deliver services quickly over existing infrastructures while tackling bandwidth scarcity considerations at the same time. For Instance, Marco and Pouzin said the market will grow with cloud implementation and the adoption of networking technologies that enable service providers to offer on-demand network services, thus reducing capital expenditure through acquisition-cost savings for IT equipment.
The adoption of Network 5G in recent times has boosted the market as it reached around USD 2 billion in 2023. The major reason to push the adoption is the ongoing function of the Industries, Logistic, Healthcare, and smart cities.
By Application
Wide Area Network is the most dominant type of Technology holding a share of around 35% in 2023, due to growing use in Enterprise mobility. Mobile personal computers (smartphones, laptops, tablets) are entering corporate networks in increasing numbers. According to research, 63 million PCs were shipped in 2023, a 0.3% increase following a prolonged period of decrease in 2022.
The need for parallel processing across multiple servers and smooth interfaces to handle the increased size of mobile datasets. Hence this has resulted in an increased adoption rate of SD-WAN (software-defined wide area network). Transmissions from on-premise modules to cloud-based services and increasing investments in cloud-related services by several end-use industries are contributing towards the growth of the highest CAGR for the segment, i.e. Cloud-Based Services during the forecast period.
North America is leading the world in revenue share with over 39.5% in 2023, due to the quick uptake of network solutions as a service. A significant component contributing to the growth of this market is the existence of many major companies, including Palo Alto, Amdocs, Megaport, Akamai, and Cisco Systems Inc. The big businesses are making significant investments in data center R&D, leveraging network infrastructure to support the expansion. NaaS use is projected to increase in the region due to the penetration of cloud computing, more advanced IT infrastructure, and a higher concentration of network virtualization solution providers.
It is anticipated that Asia Pacific will expand at a very high compound annual growth rate of 35.5%. A large and diverse customer base fuels the need forNaaS. Demand for NaaS is being driven by a large and diverse client base in China and India, which is also opening up new opportunities.
REGIONAL COVERAGE:
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
The major key players are Juniper Networks, Inc., Cisco Systems, Inc., IBM Corporation, VMware Inc., NEC Corporation, Aryaka Networks, Inc., AT&T, Inc., Alcatel Lucent S.A, Brocade Communication Systems, Inc., Ciena Corporation & Other Players
| Report Attributes | Details |
|---|---|
| Market Size in 2023 | US$ 19.2 Billion |
| Market Size by 2032 | US$ 285.9 Billion |
| CAGR | CAGR 35 % From 2024 to 2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Type (WANaaS, LANaaS) • By Enterprise size (Large Enterprises, SMEs) • By Industry (Healthcare, BFSI, IT & Telecommunication, Manufacturing, Retail,Others) • By Application (Bandwidth on Demand, Virtual Private Network, Cloud-based Services, Wide Area network, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Cisco Systems, Inc., Juniper Networks, Inc., IBM Corporation, NEC Corporation, VMware Inc., Aryaka Networks, Inc., AT&T, Inc., Alcatel Lucent S.A, Brocade Communication Systems, Inc, Ciena Corporation |
| Key Drivers | • Accelerated cloud service adoption among major and small businesses. • For mission-critical business applications, high dependability and security are required. |
| Market Restraints | • In the NaaS market, there is a lack of uniformity. |
Ans: The Network-as-a-Service (Naas) Market was valued at USD 19.2 billion in 2023.
Ans: - The Network-as-a-Service (Naas) Market is to grow at CAGR of 35 % over the forecast period 2024-2031
Ans: - The segments covered in the Network-as-a-Service (Naas) Market report for study are based on Type, Enterprise Size, and Types of Industry, and application.
Ans: - North America dominates the managed network services market and will maintain its dominance throughout the projected period.
Ans: - The primary growth tactics of Network-as-a-Service (Naas) market participants include merger and acquisition, business expansion, and product launch.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Porter’s 5 Forces Model
6. Pest Analysis
7. Network-as-a-Service Market Segmentation, By Type
7.1 Introduction
7.2 WANaaS
7.3 LANaaS
8. Network-as-a-Service Market Segmentation, By Enterprise
8.1 Introduction
8.2 Large Enterprises
8.3 SMEs
9. Network-as-a-Service Market Segmentation, By Industry
9.1 Introduction
9.2 Healthcare
9.3 BFSI
9.4 IT & Telecommunication
9.5 Manufacturing
9.6 Retail
9.7 Others
10. Network-as-a-Service Market Segmentation, By Application
10.1 Introduction
10.2 Bandwidth on Demand
10.3 Virtual Private Network
10.4 Cloud-based Services
10.5 Wide Area Network
10.6 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Aircraft MRO Market by Country
11.2.3 North America Aircraft MRO Market By Type
11.2.4 North America Aircraft MRO Market By Enterprise
11.2.5 North America Aircraft MRO Market By Industry
11.2.6 North America Aircraft MRO Market By Application
11.2.7 USA
11.2.7.1 USA Aircraft MRO Market By Type
11.2.7.2 USA Aircraft MRO Market By Enterprise
11.2.7.3 USA Aircraft MRO Market By Industry
11.2.7.4 USA Aircraft MRO Market By Application
11.2.8 Canada
11.2.8.1 Canada Aircraft MRO Market By Type
11.2.8.2 Canada Aircraft MRO Market By Enterprise
11.2.8.3 Canada Aircraft MRO Market By Industry
11.2.8.4 Canada Aircraft MRO Market By Application
11.2.9 Mexico
11.2.9.1 Mexico Aircraft MRO Market By Type
11.2.9.2 Mexico Aircraft MRO Market By Enterprise
11.2.9.3 Mexico Aircraft MRO Market By Industry
11.2.9.4 Mexico Aircraft MRO Market By Application
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Eastern Europe
11.3.2.1 Eastern Europe Aircraft MRO Market by Country
11.3.2.2 Eastern Europe Aircraft MRO Market By Type
11.3.2.3 Eastern Europe Aircraft MRO Market By Enterprise
11.3.2.4 Eastern Europe Aircraft MRO Market By Industry
11.3.2.5 Eastern Europe Aircraft MRO Market By Application
11.3.2.6 Poland
11.3.2.6.1 Poland Aircraft MRO Market By Type
11.3.2.6.2 Poland Aircraft MRO Market By Enterprise
11.3.2.6.3 Poland Aircraft MRO Market By Industry
11.3.2.6.4 Poland Aircraft MRO Market By Application
11.3.2.7 Romania
11.3.2.7.1 Romania Aircraft MRO Market By Type
11.3.2.7.2 Romania Aircraft MRO Market By Enterprise
11.3.2.7.3 Romania Aircraft MRO Market By Industry
11.3.2.7.4 Romania Aircraft MRO Market By Application
11.3.2.8 Hungary
11.3.2.8.1 Hungary Aircraft MRO Market By Type
11.3.2.8.2 Hungary Aircraft MRO Market By Enterprise
11.3.2.8.3 Hungary Aircraft MRO Market By Industry
11.3.2.8.4 Hungary Aircraft MRO Market By Application
11.3.2.9 turkey
11.3.2.9.1 Turkey Aircraft MRO Market By Type
11.3.2.9.2 Turkey Aircraft MRO Market By Enterprise
11.3.2.9.3 Turkey Aircraft MRO Market By Industry
11.3.2.9.4 Turkey Aircraft MRO Market By Application
11.3.2.10 Rest of Eastern Europe
11.3.2.10.1 Rest of Eastern Europe Aircraft MRO Market By Type
11.3.2.10.2 Rest of Eastern Europe Aircraft MRO Market By Enterprise
11.3.2.10.3 Rest of Eastern Europe Aircraft MRO Market By Industry
11.3.2.10.4 Rest of Eastern Europe Aircraft MRO Market By Application
11.3.3 Western Europe
11.3.3.1 Western Europe Aircraft MRO Market by Country
11.3.3.2 Western Europe Aircraft MRO Market By Type
11.3.3.3 Western Europe Aircraft MRO Market By Enterprise
11.3.3.4 Western Europe Aircraft MRO Market By Industry
11.3.3.5 Western Europe Aircraft MRO Market By Application
11.3.3.6 Germany
11.3.3.6.1 Germany Aircraft MRO Market By Type
11.3.3.6.2 Germany Aircraft MRO Market By Enterprise
11.3.3.6.3 Germany Aircraft MRO Market By Industry
11.3.3.6.4 Germany Aircraft MRO Market By Application
11.3.3.7 France
11.3.3.7.1 France Aircraft MRO Market By Type
11.3.3.7.2 France Aircraft MRO Market By Enterprise
11.3.3.7.3 France Aircraft MRO Market By Industry
11.3.3.7.4 France Aircraft MRO Market By Application
11.3.3.8 UK
11.3.3.8.1 UK Aircraft MRO Market By Type
11.3.3.8.2 UK Aircraft MRO Market By Enterprise
11.3.3.8.3 UK Aircraft MRO Market By Industry
11.3.3.8.4 UK Aircraft MRO Market By Application
11.3.3.9 Italy
11.3.3.9.1 Italy Aircraft MRO Market By Type
11.3.3.9.2 Italy Aircraft MRO Market By Enterprise
11.3.3.9.3 Italy Aircraft MRO Market By Industry
11.3.3.9.4 Italy Aircraft MRO Market By Application
11.3.3.10 Spain
11.3.3.10.1 Spain Aircraft MRO Market By Type
11.3.3.10.2 Spain Aircraft MRO Market By Enterprise
11.3.3.10.3 Spain Aircraft MRO Market By Industry
11.3.3.10.4 Spain Aircraft MRO Market By Application
11.3.3.11 Netherlands
11.3.3.11.1 Netherlands Aircraft MRO Market By Type
11.3.3.11.2 Netherlands Aircraft MRO Market By Enterprise
11.3.3.11.3 Netherlands Aircraft MRO Market By Industry
11.3.3.11.4 Netherlands Aircraft MRO Market By Application
11.3.3.12 Switzerland
11.3.3.12.1 Switzerland Aircraft MRO Market By Type
11.3.3.12.2 Switzerland Aircraft MRO Market By Enterprise
11.3.3.12.3 Switzerland Aircraft MRO Market By Industry
11.3.3.12.4 Switzerland Aircraft MRO Market By Application
11.3.3.13 Austria
11.3.3.13.1 Austria Aircraft MRO Market By Type
11.3.3.13.2 Austria Aircraft MRO Market By Enterprise
11.3.3.13.3 Austria Aircraft MRO Market By Industry
11.3.3.13.4 Austria Aircraft MRO Market By Application
11.3.3.14 Rest of Western Europe
11.3.3.14.1 Rest of Western Europe Aircraft MRO Market By Type
11.3.3.14.2 Rest of Western Europe Aircraft MRO Market By Enterprise
11.3.3.14.3 Rest of Western Europe Aircraft MRO Market By Industry
11.3.3.14.4 Rest of Western Europe Aircraft MRO Market By Application
11.4 Asia-Pacific
11.4.1 Trend Analysis
11.4.2 Asia-Pacific Aircraft MRO Market by Country
11.4.3 Asia-Pacific Aircraft MRO Market By Type
11.4.4 Asia-Pacific Aircraft MRO Market By Enterprise
11.4.5 Asia-Pacific Aircraft MRO Market By Industry
11.4.6 Asia-Pacific Aircraft MRO Market By Application
11.4.7 China
11.4.7.1 China Aircraft MRO Market By Type
11.4.7.2 China Aircraft MRO Market By Enterprise
11.4.7.3 China Aircraft MRO Market By Industry
11.4.7.4 China Aircraft MRO Market By Application
11.4.8 India
11.4.8.1 India Aircraft MRO Market By Type
11.4.8.2 India Aircraft MRO Market By Enterprise
11.4.8.3 India Aircraft MRO Market By Industry
11.4.8.4 India Aircraft MRO Market By Application
11.4.9 japan
11.4.9.1 Japan Aircraft MRO Market By Type
11.4.9.2 Japan Aircraft MRO Market By Enterprise
11.4.9.3 Japan Aircraft MRO Market By Industry
11.4.9.4 Japan Aircraft MRO Market By Application
11.4.10 South Korea
11.4.10.1 South Korea Aircraft MRO Market By Type
11.4.10.2 South Korea Aircraft MRO Market By Enterprise
11.4.10.3 South Korea Aircraft MRO Market By Industry
11.4.10.4 South Korea Aircraft MRO Market By Application
11.4.11 Vietnam
11.4.11.1 Vietnam Aircraft MRO Market By Type
11.4.11.2 Vietnam Aircraft MRO Market By Enterprise
11.4.11.3 Vietnam Aircraft MRO Market By Industry
11.4.11.4 Vietnam Aircraft MRO Market By Application
11.4.12 Singapore
11.4.12.1 Singapore Aircraft MRO Market By Type
11.4.12.2 Singapore Aircraft MRO Market By Enterprise
11.4.12.3 Singapore Aircraft MRO Market By Industry
11.4.12.4 Singapore Aircraft MRO Market By Application
11.4.13 Australia
11.4.13.1 Australia Aircraft MRO Market By Type
11.4.13.2 Australia Aircraft MRO Market By Enterprise
11.4.13.3 Australia Aircraft MRO Market By Industry
11.4.13.4 Australia Aircraft MRO Market By Application
11.4.14 Rest of Asia-Pacific
11.4.14.1 Rest of Asia-Pacific Aircraft MRO Market By Type
11.4.14.2 Rest of Asia-Pacific Aircraft MRO Market By Enterprise
11.4.14.3 Rest of Asia-Pacific Aircraft MRO Market By Industry
11.4.14.4 Rest of Asia-Pacific Aircraft MRO Market By Application
11.5 Middle East & Africa
11.5.1 Trend Analysis
11.5.2 Middle East
11.5.2.1 Middle East Aircraft MRO Market by Country
11.5.2.2 Middle East Aircraft MRO Market By Type
11.5.2.3 Middle East Aircraft MRO Market By Enterprise
11.5.2.4 Middle East Aircraft MRO Market By Industry
11.5.2.5 Middle East Aircraft MRO Market By Application
11.5.2.6 UAE
11.5.2.6.1 UAE Aircraft MRO Market By Type
11.5.2.6.2 UAE Aircraft MRO Market By Enterprise
11.5.2.6.3 UAE Aircraft MRO Market By Industry
11.5.2.6.4 UAE Aircraft MRO Market By Application
11.5.2.7 Egypt
11.5.2.7.1 Egypt Aircraft MRO Market By Type
11.5.2.7.2 Egypt Aircraft MRO Market By Enterprise
11.5.2.7.3 Egypt Aircraft MRO Market By Industry
11.5.2.7.4 Egypt Aircraft MRO Market By Application
11.5.2.8 Saudi Arabia
11.5.2.8.1 Saudi Arabia Aircraft MRO Market By Type
11.5.2.8.2 Saudi Arabia Aircraft MRO Market By Enterprise
11.5.2.8.3 Saudi Arabia Aircraft MRO Market By Industry
11.5.2.8.4 Saudi Arabia Aircraft MRO Market By Application
11.5.2.9 Qatar
11.5.2.9.1 Qatar Aircraft MRO Market By Type
11.5.2.9.2 Qatar Aircraft MRO Market By Enterprise
11.5.2.9.3 Qatar Aircraft MRO Market By Industry
11.5.2.9.4 Qatar Aircraft MRO Market By Application
11.5.2.10 Rest of Middle East
11.5.2.10.1 Rest of Middle East Aircraft MRO Market By Type
11.5.2.10.2 Rest of Middle East Aircraft MRO Market By Enterprise
11.5.2.10.3 Rest of Middle East Aircraft MRO Market By Industry
11.5.2.10.4 Rest of Middle East Aircraft MRO Market By Application
11.5.3 Africa
11.5.3.1 Africa Aircraft MRO Market by Country
11.5.3.2 Africa Aircraft MRO Market By Type
11.5.3.3 Africa Aircraft MRO Market By Enterprise
11.5.3.4 Africa Aircraft MRO Market By Industry
11.5.3.5 Africa Aircraft MRO Market By Application
11.5.3.6 Nigeria
11.5.3.6.1 Nigeria Aircraft MRO Market By Type
11.5.3.6.2 Nigeria Aircraft MRO Market By Enterprise
11.5.3.6.3 Nigeria Aircraft MRO Market By Industry
11.5.3.6.4 Nigeria Aircraft MRO Market By Application
11.5.3.7 South Africa
11.5.3.7.1 South Africa Aircraft MRO Market By Type
11.5.3.7.2 South Africa Aircraft MRO Market By Enterprise
11.5.3.7.3 South Africa Aircraft MRO Market By Industry
11.5.3.7.4 South Africa Aircraft MRO Market By Application
11.5.3.8 Rest of Africa
11.5.3.8.1 Rest of Africa Aircraft MRO Market By Type
11.5.3.8.2 Rest of Africa Aircraft MRO Market By Enterprise
11.5.3.8.3 Rest of Africa Aircraft MRO Market By Industry
11.5.3.8.4 Rest of Africa Aircraft MRO Market By Application
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Aircraft MRO Market by Country
11.6.3 Latin America Aircraft MRO Market By Type
11.6.4 Latin America Aircraft MRO Market By Enterprise
11.6.5 Latin America Aircraft MRO Market By Industry
11.6.6 Latin America Aircraft MRO Market By Application
11.6.7 brazil
11.6.7.1 Brazil Aircraft MRO Market By Type
11.6.7.2 Brazil Aircraft MRO Market By Enterprise
11.6.7.3 Brazil Aircraft MRO Market By Industry
11.6.7.4 Brazil Aircraft MRO Market By Application
11.6.8 Argentina
11.6.8.1 Argentina Aircraft MRO Market By Type
11.6.8.2 Argentina Aircraft MRO Market By Enterprise
11.6.8.3 Argentina Aircraft MRO Market By Industry
11.6.8.4 Argentina Aircraft MRO Market By Application
11.6.9 Colombia
11.6.9.1 Colombia Aircraft MRO Market By Type
11.6.9.2 Colombia Aircraft MRO Market By Enterprise
11.6.9.3 Colombia Aircraft MRO Market By Industry
11.6.9.4 Colombia Aircraft MRO Market By Application
11.6.10 Rest of Latin America
11.6.10.1 Rest of Latin America Aircraft MRO Market By Type
11.6.10.2 Rest of Latin America Aircraft MRO Market By Enterprise
11.6.10.3 Rest of Latin America Aircraft MRO Market By Industry
11.6.10.4 Rest of Latin America Aircraft MRO Market By Application
12. Company Profiles
12.1 Juniper Networks, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 The SNS View
12.2 Cisco Systems, Inc.
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 The SNS View
12.3 VMware Inc.
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 The SNS View
12.4 IBM Corporation
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 The SNS View
12.5 NEC Corporation
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 The SNS View
12.6 Aryaka Networks, Inc.
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 The SNS View
12.7 AT&T, Inc.
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 The SNS View
12.8 Alcatel Lucent S.A
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 The SNS View
12.9 Brocade Communication Systems, Inc.
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 The SNS View
12.10 Ciena Corporation
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 The SNS View
13. Competitive Landscape
13.1 Competitive Benchmarking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
The Threat Modeling Tools Market size was USD 1.03 billion in 2023 and is expected to Reach USD 3.09 billion by 2031 and grow at a CAGR of 14.7% over the forecast period of 2024-2031.
The Online Gambling & Betting Market size was valued at USD 71.06 Bn in 2023 and is expected to reach USD 174.6 Bn by 2031 and grow at a CAGR of 11.9% over the forecast period 2024-2031.
The Facility Management Market size was valued at USD 1.50 Trillion in 2023 and is projected to reach USD 3.26 Trillion in 2031 with a growing CAGR of 10.2% Over the Forecast Period of 2024-2031.
Network-as-a-Service (Naas) Market size was recorded at USD 19.2 billion in 2023 and is expected to reach USD 285.9 billion by 2032, growing at a CAGR of 35% over the forecast period of 2024-2032.
The M-commerce Payment market size was valued at $14.41 Billion in 2023 & is expected to reach $71.70 Billion by 2031 & grow at a CAGR of 22.2% by 2024-2031
The Sensitive Data Discovery Market size was USD 8.8 billion in 2023 and is expected to Reach USD 43.2 billion by 2031 and grow at a CAGR of 21.9% over the forecast period of 2024-2031.
Hi! Click one of our member below to chat on Phone
© 2024 All Rights Reserved by SNS Insider Pvt Ltd
