Network as a Service Market Report: Trends, Forecast and Competitive Analysis to 2030

Network as a Service Trends and Forecast

The future of the global network as a service market looks promising with opportunities in the BFSI, IT & telecommunication, manufacturing, healthcare, and retail sectors. The global network as a service market is expected to reach an estimated $76.0 billion by 2030 with a CAGR of 28.0% from 2024 to 2030. The major drivers for this market are rising trend of hybrid work model, increasing use of cloud services by both big and small businesses, and growing SDN integration with current network infrastructures.

A more than 150-page report is developed to help in your business decisions.

Network as a Service by Segment

The study includes a forecast for the global network as a service by type, enterprise type, application, end use industry, and region.

Network as a Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• WAN as a Service
• LAN as a Service

Network as a Service Market by Enterprise Type [Shipment Analysis by Value from 2018 to 2030]:

• Small and Medium-Sized Enterprise
• Large Enterprise

Network as a Service Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Wide Area Network
• Virtual Private Network
• Cloud-Based Services
• Bandwidth on Demand
• Others

Network as a Service Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• IT & Telecommunication
• Manufacturing
• Healthcare
• Retail
• Others

Network as a Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Network as a Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network as a service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network as a service companies profiled in this report include-

• AT&T
• Verizon
• Telefonica
• NTT Communications
• Orange Business Services
• Vodafone
• BT
• Tata Communications
• Lumen
• Comcast
• Axians

Network as a Service Market Insights

Lucintel forecasts that wide area network is expected to witness highest growth over the forecast period due to its significant use in several industries to create communication networks using a variety of tools such mobile phones, PCs, remote offices, and data centers.

North America is expected to witness highest growth over the forecast period due to continuous technological development in network infrastructure and data centers, rapid adoption of iot and cloud-based services, and presence of key players in the region.

Features of the Global Network as a Service Market

Market Size Estimates: Network as a service market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Network as a service market by various segments, such as by type, enterprise type, application, end use industry and region in terms of($B).

Regional Analysis: Network as a service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, enterprise types, applications, end use industries, and region.s for the network as a service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network as a service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1. What is the network as a service market size?

Answer: The global network as a service market is expected to reach an estimated $76.0 billion by 2030.

Q.2. What is the growth forecast for network as a service market?

Answer: The global network as a service market is expected to grow with a CAGR of 28.0% from 2024 to 2030.

Q.3. What are the major drivers influencing the growth of the network as a service market?

Answer: The major drivers for this market are rising trend of hybrid work model, increasing use of cloud services by both big and small businesses, and growing SDN integration with current network infrastructures.

Q.4. What are the major segments for network as a service market?

Answer: The future of the network as a service market looks promising with opportunities in the BFSI, IT & telecommunication, manufacturing, healthcare, and retail markets.

Q.5. Who are the key network as a service market companies?

Answer: Some of the key network as a service companies are as follows:

• AT&T
• Verizon
• Telefonica
• NTT Communications
• Orange Business Services
• Vodafone
• BT
• Tata Communications
• Lumen
• Comcast

Q.6. Which network as a service market segment will be the largest in future?

Answer: Lucintel forecasts that wide area network is expected to witness highest growth over the forecast period due to its significant use in several industries to create communication networks using a variety of tools such mobile phones, PCs, remote offices, and data centers.

Q.7. In network as a service market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness highest growth over the forecast period due to continuous technological development in network infrastructure and data centers, rapid adoption of iot and cloud-based services, and presence of key players in the region.

Q.8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the network as a service market by type (WAN as a service and LAN as a service), enterprise type (small and medium-sized enterprise and large enterprise), application (wide area network, virtual private network, cloud-based services, bandwidth on demand, and others), end use industry (BFSI, IT & telecommunication, manufacturing, healthcare, retail, and others), and region. (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?