Global Network-as-a-Service (NaaS) Market, By Component (Infrastructure, Technology), By Type (WaaS, VaaS, Others), By Enterprise Size (Small & Medium, Large), By End User (BFSI, Others), By Service Model, By Region, Estimation & Forecast 2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Network-as-a-Service (NaaS) market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Network-as-a-Service (NaaS) market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Market Introduction
The global Network-as-a-Service (NaaS) market held a market value of USD 11,422.0 Million in 2020 and is forecasted to reach USD 118,709.3 Million by the year 2027. The market is anticipated to register a CAGR of 40.7% over the projected period.
Network-as-a-Service or NaaS is a cloud service model. In this model, customers rent networking services from cloud providers. NaaS enabled users to operate their networks without maintaining their networking infrastructure. The increasing adoption of cloud services among enterprises as well as augmentation in a software-defined network (SDN) are expected to be the driving factors for market growth. Furthermore, the growing demand for NFV and SDN-based cloud-native solutions to replace the traditional networking model provides lucrative opportunities for market growth. However, privacy and data security concerns are expected to hinder market growth. Also, the NaaS vendor’s infrastructure is sometimes incompatible with legacy systems, such as the on-premise-based applications and older hardware, among others.
Growth Influencers:
Increasing adoption of cloud services among enterprises
The adoption of cloud-based services is rapidly increasing amongst small & medium as well as large enterprises. This is because these services are more cost-effective as compared to maintaining a costly IT resource as well as an on-premises data center for managing the organizations’ complete network. Such needs are increasing the adoption of the virtual resource-sharing environment provided by the NaaS components, which can convert the physical networking elements into virtual resources, which can be shared and made use of the enterprises for data center connectivity requirements. This boosts the market growth.
Augmentation in a software-defined network (SDN)
Software-defined networking assists in managing the network services using lower-level functionality abstraction. It is a major development in the network architecture that has paved way for unified communications and collaboration (UC&C) applications. The augmentation of SDN has transformed the management system and network infrastructure. It has simplified network management by replacing the hardware with software solutions. It also separates the control and data plane, hence making the networks programmable as well as software-driven. All these factors help in improving the NaaS model, hence contributing to the market growth.
Segments Overview:
The global Network-as-a-Service (NaaS) market is segmented the product.
By Component,
• Infrastructure Services
• Technology Services
The technology services segment held the largest share owing to its high demand in various industries. The infrastructure services segment is also expected to witness a significant growth rate during the forecast period.
By Type,
• Wide Area Network Services
• Local Area Network Services
• Wireless as a Service (WaaS)
• Enhanced Mobile Services
• Voice as a Service (VaaS)
• Security as a Service (SaaS)
The wide area network services segment is anticipated to hold the largest market share of 35% owing to its widespread adoption in various industries. Also, it provides a communication network via many resources, such as computers, mobiles, data centers, and remote offices. The enhanced mobile services segment is anticipated to grow at the fastest CAGR.
By Service Model,
• Bandwidth on demand
• Cloud-based services
• Integrated Network Security as a Service
• Virtual Private Network
• Wide-area network
The wide area network service model segment held the largest share of the market. This service model can be established to enable users to access public or private gateways based on the customer’s requirements. Cloud-based services are estimated to grow at the fastest rate of 43.7% during the projected period.
By Enterprise Size,
• Small & Medium Enterprise
• Large Enterprises
The large enterprises’ segment held the largest market share in 2020, owing to the high adoption of NaaS services in these enterprises. The small & medium enterprises segment is expected to grow at the fastest rate owing to the rising number of these enterprises globally.
By End-User Industry,
• Banking, Financial Services, and Insurance (BFSI)
• Government & Public Sector
• Healthcare
• IT & Telecommunication
• Manufacturing
• Retail & E-commerce
• Others
The IT & telecommunication segment is expected to hold the largest market share as well as is estimated to grow at the fastest rate owing to the increasing penetration of cloud and networking technologies that can offer customers on-demand network services. The healthcare segment is expected to hold the second-largest market share.
Regional Overview
Based on region, the global Network-as-a-Service (NaaS) market is divided into Europe, North America, Asia Pacific, Middle East, Africa, and South America.
The North American region held the largest market share of around 40% in the global market owing to the growing penetration of advanced IT infrastructure, cloud computing, and high concentration of the network virtualization solution vendors in the region, especially in the U.S.
The European market is expected to hold the second-largest market share owing to the rising initiatives by various governments to push towards automation and digitalization of businesses. The Asia Pacific region is anticipated to grow at a significant growth rate owing to the presence of technologically advanced countries, such as Japan, South Korea, and China.
Competitive Landscape
Key players operating in the global Network-as-a-Service (NaaS) market include Aryaka Networks, AT&T, Ciena Corporation, Cisco, Extreme Networks, Global Cloud Xchange, IBM Corp., Juniper Networks, NEC Corporation, Oracle Corp., Silver Peak Systems, SYNNEX, Telstra, Verizon, VMware, and other such prominent players.
The approximate market share of the top 5 players is near about 61%. These market players are involved in collaborations, mergers & acquisitions, and new product launches to strengthen their market presence. For instance, in July 2021, Aryaka Networks partnered with Vodafone Fiji for offering its business in Fiji hassle-free access to fast as well as secure connectivity. It also offers simplicity as well as flexibility in today’s fast-growing business environment.
The global Network-as-a-Service (NaaS) market report provides insights on the below pointers:
• Market Penetration: Provides comprehensive information on the market offered by the prominent players
• Market Development: The report offers detailed information about lucrative emerging markets and analyzes penetration across mature segments of the markets
• Market Diversification: Provides in-depth information about untapped geographies, recent developments, and investments
• Competitive Landscape Assessment: Mergers & acquisitions, certifications, product launches in the global Network-as-a-Service (NaaS) market have been provided in this research report. In addition, the report also emphasizes the SWOT analysis of the leading players.
• Product Development & Innovation: The report provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The global Network-as-a-Service (NaaS) market report answers questions such as:
• What is the market size and forecast of the Global Network-as-a-Service (NaaS) Market?
• What are the inhibiting factors and impact of COVID-19 on the Global Network-as-a-Service (NaaS) Market during the assessment period?
• Which are the products/segments/applications/areas to invest in over the assessment period in the Global Network-as-a-Service (NaaS) Market?
• What is the competitive strategic window for opportunities in the Global Network-as-a-Service (NaaS) Market?
• What are the technology trends and regulatory frameworks in the Global Network-as-a-Service (NaaS) Market?
• What is the market share of the leading players in the Global Network-as-a-Service (NaaS) Market?
• What modes and strategic moves are considered favorable for entering the Global Network-as-a-Service (NaaS) Market?
What is market research report?
Market research is a defined process to collect information about customers, competitors, and everything that a business needs to understand to sustain and grow. It offers important analysis to distinguish and examine the market needs, size, and trends. Market research is generally divided into, primary research and/or secondary research. The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process. The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage. Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more. These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry. Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Browse market information, tables and figures extent in-depth TOC, The latest independent research document on various market development activities and business strategies such as new product/services development, Joint Ventures, partnerships, mergers and acquisitions, etc. In order to provide a more informed view, a market company profiles include Business Overview, Product / Service Offerings, SWOT Analysis, Segment & Total Revenue, Gross Margin and % Market Share. This report explores market definitions, overview, classification, segmentation, inclusive of market type and applications followed by product specifications, manufacturing initiatives, pricing structures, raw material sourcing and supply chain analysis.
About Data Collection and Research Methodology: Majorly data is collected via primary sources that includes interviews and survey with industry experts from core and related industries, and manufacturers and part suppliers involved in supply chain. Additionally, secondary sources are also utilized like annual reports, whitepapers, press releases etc.
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data, and forecast.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Network-as-a-Service (NaaS) Market Report:
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Network-as-a-Service (NaaS) market, Applications, Market Segment by Regions North America, Europe or Asia;
Chapter 2, objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5, to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation, comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)
Chapter 15, deals with Network-as-a-Service (NaaS) Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
……..and view more in complete table of Contents
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