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Market Research Report
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1065987

Network as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Published: | IMARC Services Private Limited | 143 Pages | Delivery time: 2-3 business days

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Network as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
Published: March 15, 2022
IMARC Services Private Limited
Content info: 143 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

The global network as a service market reached a value of US$ 10.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 59.1 Billion by 2027, exhibiting at a CAGR of 32.5% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Network-as-a-Service (NaaS) is a cloud-based technological solution that involves the renting of networking services from service providers. It involves the hiring of hardware, software, management tools, lifecycle services and licenses without owning, building or maintaining the setup infrastructure. NaaS can aid in replacing hardware-centric virtual private networks (VPNs), load balancers, firewall appliances and multiprotocol label switching (MLPS) connections. The network infrastructure is also virtualized through flexible operating expenses (OpEx). The service is provided to the customers in exchange for a subscription and can be scaled as per the requirement of the user. As a result, it finds extensive applications across various industries, including banking, financial services and insurance (BFSI), retail, information technology (IT) and healthcare.

Network as a Service Market Trends:

  • Significant growth in the IT industry across the globe is one of the key factors creating a positive outlook for the market. NaaS is widely used for video conferencing, operating VPNs, wide area network (WAR) optimization and running secure web gateways. Moreover, the widespread adoption of NaaS platforms by small, medium and large-sized organizations is providing a thrust to the market growth. The solutions are deployed on the cloud and on-premises for converting physical networking elements to sharable virtual resources. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), virtual reality (VR) and augmented reality (AR) solutions, are acting as other growth-inducing factors. These technologies offer enhanced technological flexibility and data security to the organizations and improved access to private and public gateways. They also provide enhanced connectivity with smart devices, computing systems, remote offices and data centers. Other factors, including the increasing adoption of 5G technologies, along with the widespread adoption of a pay-per-use pricing model, are anticipated to drive the market toward growth.

Key Market Segmentation:

  • IMARC Group provides an analysis of the key trends in each sub-segment of the global network as a service market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, application and end use industry.

Breakup by Type:

  • LAN-as-a-Service
  • WAN-as-a-Service

Breakup by Application:

  • Cloud-based Services
  • Bandwidth on Demand
  • Integrated Network Security-as-a-Service
  • Wide Area Network
  • Virtual Private Network

Breakup by End Use Industry:

  • Healthcare
  • BFSI
  • Retail and E-Commerce
  • IT and Telecom
  • Manufacturing
  • Transportation and Logistics
  • Public Sector

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Akamai Technologies Inc., AT&T Inc., Broadcom Inc., Ciena Corporation, Cisco Systems Inc., GTT Communications Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks Inc., Nokia Corporation, Oracle Corporation, Telstra Corporation Limited, Verizon Communications Inc. and VMware Inc. (Dell Technologies Inc.). Key Questions Answered in This Report:

  • How has the global network as a service market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global network as a service market?
  • What are the key regional markets?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end use industry?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global network as a service market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR0322A257_Report

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Network as a Service Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 LAN-as-a-Service
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 WAN-as-a-Service
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Application

  • 7.1 Cloud-based Services
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Bandwidth on Demand
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Integrated Network Security-as-a-Service
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Wide Area Network
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast
  • 7.5 Virtual Private Network
    • 7.5.1 Market Trends
    • 7.5.2 Market Forecast

8 Market Breakup by End Use Industry

  • 8.1 Healthcare
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 BFSI
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Retail and E-Commerce
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast
  • 8.4 IT and Telecom
    • 8.4.1 Market Trends
    • 8.4.2 Market Forecast
  • 8.5 Manufacturing
    • 8.5.1 Market Trends
    • 8.5.2 Market Forecast
  • 8.6 Transportation and Logistics
    • 8.6.1 Market Trends
    • 8.6.2 Market Forecast
  • 8.7 Public Sector
    • 8.7.1 Market Trends
    • 8.7.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 United States
      • 9.1.1.1 Market Trends
      • 9.1.1.2 Market Forecast
    • 9.1.2 Canada
      • 9.1.2.1 Market Trends
      • 9.1.2.2 Market Forecast
  • 9.2 Asia-Pacific
    • 9.2.1 China
      • 9.2.1.1 Market Trends
      • 9.2.1.2 Market Forecast
    • 9.2.2 Japan
      • 9.2.2.1 Market Trends
      • 9.2.2.2 Market Forecast
    • 9.2.3 India
      • 9.2.3.1 Market Trends
      • 9.2.3.2 Market Forecast
    • 9.2.4 South Korea
      • 9.2.4.1 Market Trends
      • 9.2.4.2 Market Forecast
    • 9.2.5 Australia
      • 9.2.5.1 Market Trends
      • 9.2.5.2 Market Forecast
    • 9.2.6 Indonesia
      • 9.2.6.1 Market Trends
      • 9.2.6.2 Market Forecast
    • 9.2.7 Others
      • 9.2.7.1 Market Trends
      • 9.2.7.2 Market Forecast
  • 9.3 Europe
    • 9.3.1 Germany
      • 9.3.1.1 Market Trends
      • 9.3.1.2 Market Forecast
    • 9.3.2 France
      • 9.3.2.1 Market Trends
      • 9.3.2.2 Market Forecast
    • 9.3.3 United Kingdom
      • 9.3.3.1 Market Trends
      • 9.3.3.2 Market Forecast
    • 9.3.4 Italy
      • 9.3.4.1 Market Trends
      • 9.3.4.2 Market Forecast
    • 9.3.5 Spain
      • 9.3.5.1 Market Trends
      • 9.3.5.2 Market Forecast
    • 9.3.6 Russia
      • 9.3.6.1 Market Trends
      • 9.3.6.2 Market Forecast
    • 9.3.7 Others
      • 9.3.7.1 Market Trends
      • 9.3.7.2 Market Forecast
  • 9.4 Latin America
    • 9.4.1 Brazil
      • 9.4.1.1 Market Trends
      • 9.4.1.2 Market Forecast
    • 9.4.2 Mexico
      • 9.4.2.1 Market Trends
      • 9.4.2.2 Market Forecast
    • 9.4.3 Others
      • 9.4.3.1 Market Trends
      • 9.4.3.2 Market Forecast
  • 9.5 Middle East and Africa
    • 9.5.1 Market Trends
    • 9.5.2 Market Breakup by Country
    • 9.5.3 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Akamai Technologies Inc.
      • 14.3.1.1 Company Overview
      • 14.3.1.2 Product Portfolio
      • 14.3.1.3 Financials
      • 14.3.1.4 SWOT Analysis
    • 14.3.2 AT&T Inc.
      • 14.3.2.1 Company Overview
      • 14.3.2.2 Product Portfolio
      • 14.3.2.3 Financials
      • 14.3.2.4 SWOT Analysis
    • 14.3.3 Broadcom Inc.
      • 14.3.3.1 Company Overview
      • 14.3.3.2 Product Portfolio
      • 14.3.3.3 Financials
      • 14.3.3.4 SWOT Analysis
    • 14.3.4 Ciena Corporation
      • 14.3.4.1 Company Overview
      • 14.3.4.2 Product Portfolio
      • 14.3.4.3 Financials
      • 14.3.4.4 SWOT Analysis
    • 14.3.5 Cisco Systems Inc.
      • 14.3.5.1 Company Overview
      • 14.3.5.2 Product Portfolio
      • 14.3.5.3 Financials
      • 14.3.5.4 SWOT Analysis
    • 14.3.6 GTT Communications Inc.
      • 14.3.6.1 Company Overview
      • 14.3.6.2 Product Portfolio
      • 14.3.6.3 Financials
      • 14.3.6.4 SWOT Analysis
    • 14.3.7 Hewlett Packard Enterprise Development LP
      • 14.3.7.1 Company Overview
      • 14.3.7.2 Product Portfolio
      • 14.3.7.3 Financials
      • 14.3.7.4 SWOT Analysis
    • 14.3.8 International Business Machines Corporation
      • 14.3.8.1 Company Overview
      • 14.3.8.2 Product Portfolio
      • 14.3.8.3 Financials
      • 14.3.8.4 SWOT Analysis
    • 14.3.9 Juniper Networks Inc.
      • 14.3.9.1 Company Overview
      • 14.3.9.2 Product Portfolio
      • 14.3.9.3 Financials
      • 14.3.9.4 SWOT Analysis
    • 14.3.10 Nokia Corporation
      • 14.3.10.1 Company Overview
      • 14.3.10.2 Product Portfolio
      • 14.3.10.3 Financials
      • 14.3.10.4 SWOT Analysis
    • 14.3.11 Oracle Corporation
      • 14.3.11.1 Company Overview
      • 14.3.11.2 Product Portfolio
      • 14.3.11.3 Financials
      • 14.3.11.4 SWOT Analysis
    • 14.3.12 Telstra Corporation Limited
      • 14.3.12.1 Company Overview
      • 14.3.12.2 Product Portfolio
      • 14.3.12.3 Financials
      • 14.3.12.4 SWOT Analysis
    • 14.3.13 Verizon Communications Inc.
      • 14.3.13.1 Company Overview
      • 14.3.13.2 Product Portfolio
      • 14.3.13.3 Financials
      • 14.3.13.4 SWOT Analysis
    • 14.3.14 VMware Inc. (Dell Technologies Inc.)
      • 14.3.14.1 Company Overview
      • 14.3.14.2 Product Portfolio
      • 14.3.14.3 Financials
      • 14.3.14.4 SWOT Analysis

List of Figures

  • Figure 1: Global: Network as a Service Market: Major Drivers and Challenges
  • Figure 2: Global: Network as a Service Market: Sales Value (in Billion US$), 2016-2021
  • Figure 3: Global: Network as a Service Market Forecast: Sales Value (in Billion US$), 2022-2027
  • Figure 4: Global: Network as a Service Market: Breakup by Type (in %), 2021
  • Figure 5: Global: Network as a Service Market: Breakup by Application (in %), 2021
  • Figure 6: Global: Network as a Service Market: Breakup by End Use Industry (in %), 2021
  • Figure 7: Global: Network as a Service Market: Breakup by Region (in %), 2021
  • Figure 8: Global: Network as a Service (LAN-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 9: Global: Network as a Service (LAN-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 10: Global: Network as a Service (WAN-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 11: Global: Network as a Service (WAN-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 12: Global: Network as a Service (Cloud-based Services) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 13: Global: Network as a Service (Cloud-based Services) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 14: Global: Network as a Service (Bandwidth on Demand) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 15: Global: Network as a Service (Bandwidth on Demand) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 16: Global: Network as a Service (Integrated Network Security-as-a-Service) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 17: Global: Network as a Service (Integrated Network Security-as-a-Service) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 18: Global: Network as a Service (Wide Area Network) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 19: Global: Network as a Service (Wide Area Network) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 20: Global: Network as a Service (Virtual Private Network) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 21: Global: Network as a Service (Virtual Private Network) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 22: Global: Network as a Service (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 23: Global: Network as a Service (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 24: Global: Network as a Service (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 25: Global: Network as a Service (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 26: Global: Network as a Service (Retail and E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 27: Global: Network as a Service (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 28: Global: Network as a Service (IT and Telecom) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 29: Global: Network as a Service (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 30: Global: Network as a Service (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 31: Global: Network as a Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 32: Global: Network as a Service (Transportation and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 33: Global: Network as a Service (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 34: Global: Network as a Service (Public Sector) Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 35: Global: Network as a Service (Public Sector) Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 36: North America: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 37: North America: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 38: United States: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 39: United States: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 40: Canada: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 41: Canada: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 42: Asia-Pacific: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 43: Asia-Pacific: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 44: China: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 45: China: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 46: Japan: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 47: Japan: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 48: India: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 49: India: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 50: South Korea: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 51: South Korea: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 52: Australia: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 53: Australia: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 54: Indonesia: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 55: Indonesia: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 56: Others: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 57: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 58: Europe: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 59: Europe: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 60: Germany: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 61: Germany: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 62: France: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 63: France: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 64: United Kingdom: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 65: United Kingdom: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 66: Italy: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 67: Italy: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 68: Spain: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 69: Spain: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 70: Russia: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 71: Russia: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 72: Others: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 73: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 74: Latin America: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 75: Latin America: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 76: Brazil: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 77: Brazil: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 78: Mexico: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 79: Mexico: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 80: Others: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 81: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 82: Middle East and Africa: Network as a Service Market: Sales Value (in Million US$), 2016 & 2021
  • Figure 83: Middle East and Africa: Network as a Service Market: Breakup by Country (in %), 2021
  • Figure 84: Middle East and Africa: Network as a Service Market Forecast: Sales Value (in Million US$), 2022-2027
  • Figure 85: Global: Network as a Service Industry: SWOT Analysis
  • Figure 86: Global: Network as a Service Industry: Value Chain Analysis
  • Figure 87: Global: Network as a Service Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Network as a Service Market: Key Industry Highlights, 2021 and 2027
  • Table 2: Global: Network as a Service Market Forecast: Breakup by Type (in Million US$), 2022-2027
  • Table 3: Global: Network as a Service Market Forecast: Breakup by Application (in Million US$), 2022-2027
  • Table 4: Global: Network as a Service Market Forecast: Breakup by End Use Industry (in Million US$), 2022-2027
  • Table 5: Global: Network as a Service Market Forecast: Breakup by Region (in Million US$), 2022-2027
  • Table 6: Global: Network as a Service Market: Competitive Structure
  • Table 7: Global: Network as a Service Market: Key Players