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Network-as-a-Service (Naas) Market

Network-as-a-Service (Naas) Market Size, Share & Segmentation by Type (Local Area Network, Wide Area Network, Communication and Collaboration, and Network Security), by Organization Size (Large Enterprises and Small and Medium-Sized enterprises), by End-User (BFSI, Manufacturing, Retail, and eCommerce Software and Technology, Media and Entertainment, Healthcare, Education, Government, Others End Users), by Application (Video Conferencing, Virtual Private Network, Cloud and SaaS Connectivity, Bandwidth on Demand, Multi-Brach Connectivity, Wan Optimization, Secure Web Gateway, Network Access Control, Other Applications ), by Regions and Global Market Forecast 2022-2028

Report Id: SNS/ICT/2397 | July 2022 | Region: Global | 138 Pages

Report Scope & Overview:

The Network-as-a-Service (Naas) Market size was valued at USD 9.81 Bn in 2021 and is expected to reach USD 62.59 Bn by 2028, and grow at a CAGR of 30.31% over the forecast period 2022-2028.

In the current environment, Network as a Service is commonly described as a virtual networking business model; it is totally used to combine or merge modern cloud computing services with the sophisticated cloud networking framework. Network as a Service is a type of model used to swiftly supply network services completely digitally. Network as a Service can be delivered via a 'pay as you go' service or through a simple subscription approach. Network as a Service is another term for an on-demand network provider for any form of organization.

Network-as-a-Service (Naas) Market

Network-as-a-Service is an Internet-wide virtual network service outsourcing paradigm. The major service providers supply end users with essential network gear on a subscription basis, which is cost-effective and provides a comprehensive network solution. Some of the key features of NaaS include increased network flexibility, efficient network bandwidth, and a positive impact on resource-centric processes such as trouble management, network monitoring, and provisioning, as well as service-centric processes such as service configuration, selling, and activation. However, dependency on the provider for whole network solutions and network outages restrict NaaS adoption.

MARKET DYNAMICS:

KEY DRIVERS:

  • Accelerated cloud service adoption among major and small businesses.

  • For mission-critical business applications, high dependability and security are required.

  • Rise in the construction of new data center infrastructures.

  • Increased integration of SDN with existing network infrastructures.

RESTRAINTS:

  • In the NaaS market, there is a lack of uniformity.

OPPORTUNITY:

  • Demand for cloud-native solutions based on SDN and NFV to replace the existing networking approach.

  • Expanding global workforce.

CHALLENGES:

  • Concerns about data security and privacy.

IMPACT OF COVID-19:

COVID 19 has had an impact on practically all nations, as well as the Network as a Service Market share. To counteract the negative impacts, nations have implemented lockdowns that have harmed the Network as a Service market. The epidemic poses various obstacles to the industry; it affects people all over the world. Numerous issues, such as the danger of uninterrupted manufacturing, supply chain, distribution, a shortage of workforce personnel, and significantly reduced development activities, have substantially influenced continued demand and supply. People are less active than they used to be. Significant strategic changes are taking place. Because of rising customer demand, multinational corporations are increasing their investments in the Network as a Service market.

MARKET ESTIMATION:

VPN-as-a-service allows businesses to connect to the cloud through physical data centers or private networks. Cloud VPN/hosted VPN/VPN as-a-service allows customers to securely access enterprise applications, data, and files in the cloud via websites, PCs, or mobile apps. Because of the widespread use of cloud infrastructure, businesses are increasingly turning to cloud-based VPN services. VPN is an essential application of Network as a Service, which is built on a network architecture that is hosted in the cloud. VPNaaS offers end-users, including subscribers and third-party users, worldwide VPN access through the public internet. It is primarily intended to let consumers to access to the internet via company servers. Because most data or information on servers is encrypted for privacy, VPNaaS may enable safe internet access via a virtual private environment.

Large enterprises are classified as companies with more than 999 employees. Due to a variety of advantages, businesses are shifting away from the historical ownership model and toward the subscription model. Large corporations have several departments and a diverse workforce. This increases the need for good WAN, LAN, and WLAN connections for employees, as well as access to laptops, tablets, and cellphones. Large corporations have several business units that operate all around the world. These businesses benefit from seamless LAN and Wi-Fi connectivity. These advantages include increased productivity, a better user experience, more cooperation, and increased worker efficiency. Cloud-based infrastructure connection from NaaS providers covers various networking resources such as virtual machines, servers, load balancers, network switches, memory, and storage.

The BFSI segment of the Network as a Service Market is expected to have a greater market size during the forecast period, based on end-users. Banks, financial institutions, and insurance companies are all BFSI stakeholders. The digital economy is booming across all developed and emerging countries as a result of technological breakthroughs such as the introduction of the internet and mobile banking. Consumers' rising technical sophistication has compelled BFSI establishments to become more technologically proficient and provide on-the-go financial services. The banking industry is worried about financial data security. As a result, CIOs are embracing secure wireless connectivity to increase data security, improve user experience, and provide new services to consumers.

KEY MARKET SEGMENTS:

On The Basis of Type

  • Local Area Network

  • Wide Area Network

  • Communication and Collaboration

  • Network Security

On The Basis of Organization Size

  • Large Enterprises

  • Small and Medium-Sized enterprises

On The Basis of End-User

  • BFSI

  • Manufacturing

  • Retail And Ecommerce

  • Software And Technology

  • Media and Entertainment

  • Healthcare

  • Education

  • Government

  • Others End Users

On The Basis of Application

  • Video Conferencing

  • Virtual Private Network

  • Cloud And SaaS Connectivity

  • Bandwidth On Demand

  • Multi-Brach Connectivity

  • Wan Optimization

  • Secure Web Gateway

  • Network Access Control

  • Other Applications

Network-as-a-Service (Naas) Market

REGIONAL ANALYSIS:

North America dominated the Network as a Service market in 2021 and is anticipated to do so again by 2028. Cloud computing penetration, modern IT infrastructure, and a greater concentration of network virtualization solution manufacturers are projected to increase NaaS adoption in the area. The rising need for high-performance computing infrastructure has heightened the importance of virtualized computing environments. Cloud platforms are being used by technology enterprises and telecom service providers in order to minimize personnel expenses. This would encourage the use of NaaS by removing the need to maintain their sophisticated network infrastructure.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • MexicO

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The major key players are 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

Network-as-a-Service (Naas) Market Report Scope
Report Attributes Details
Market Size in 2021 US$  9.81 Billion
Market Size by 2028 US$ 62.59 Billion
CAGR CAGR 30.31% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Local Area Network, Wide Area Network, Communication and Collaboration, and Network Security)
• by Organization Size (Large Enterprises and Small and Medium-Sized enterprises)
• by End-User (BFSI, Manufacturing, Retail, and eCommerce Software and Technology, Media and Entertainment, Healthcare, Education, Government, Others End Users)
• by Application (Video Conferencing, Virtual Private Network, Cloud and SaaS Connectivity, Bandwidth on Demand, Multi-Brach Connectivity, Wan Optimization, Secure Web Gateway, Network Access Control, Other Applications)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, +D11UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, 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.


Frequently Asked Questions (FAQ) :

Ans: - The estimated market size for the Network-as-a-Service (Naas) market for the year 2028 is USD 95.12 Bn.

Ans: - Data privacy and security concerns and regulations and compliances are becoming more stringent.

Ans: - The segments covered in the Network-as-a-Service (Naas) Market report for study are on the basis of Type, Deployment Mode, Organization Size, and Verticals.

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. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of the Ukraine- Russia war

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7. PEST Analysis

 

8. Network-as-a-Service (Naas) Market Segmentation, by Type

8.1 Local Area Network

8.2 Wide Area Network

8.3 Communication and Collaboration

8.4 Network Security

 

9. Network-as-a-Service (Naas) Market Segmentation, by Organization Size

9.1 Large Enterprises

9.2 Small and Medium-Sized enterprises

 

10. Network-as-a-Service (Naas) Market Segmentation, by End-User

10.1 BFSI

10.2 Manufacturing

10.3 Retail and Ecommerce

10.4 Software and Technology

10.5 Media and Entertainment

10.6 Healthcare

10.7 Education

10.8 Government

10.9 Others End Users

 

11. Network-as-a-Service (Naas) Market Segmentation, by Application

11.1 Video Conferencing

11.2 Virtual Private Network

11.3 Cloud and SaaS Connectivity

11.4 Bandwidth on Demand

11.5 Multi-Brach Connectivity

11.6 Wan Optimization

11.7 Secure Web Gateway

11.8 Network Access Control

11.9 Other Applications

 

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

 

13. Company Profiles

13.1 Cisco Systems, Inc.

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Juniper Networks, Inc.

13.3 IBM Corporation

13.4 NEC Corporation

13.5 VMware Inc.

13.6 Aryaka Networks, Inc.

13.7 AT&T, Inc.

13.8 Alcatel Lucent S.A

13.9 Brocade Communication Systems, Inc,

13.10 Ciena Corporation

 

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

 

15. Conclusion

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