Network-as-a-service Market By Type (WAN-as-a-service, LAN-as-a-service), By Application (WAN Optimization, Bandwidth on Demand, Cloud and SaaS Connectivity, Network Access Control, Virtual Private Network, Secure Web Gateway, UCaaS/Video Conferencing, Others), By Enterprise Size (Large Enterprise, SMEs), By Industry Vertical (IT and Telecom, BFSI, Healthcare, Manufacturing, Retail and E commerce, Government and Public Sector, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
Network-as-a-service is defined as network infrastructure hardware, software, services, management, and licensing components consumed in a subscription-based or flexible consumption model. Network-as-a-service allows organizations to outsource the provisioning, deployment, network management, maintenance, and lifecycle management of network infrastructure. It is a flexible way to consume enterprise network infrastructure that enables organizations to keep pace with innovation, meet rapidly changing business needs, and optimize network performance and user experiences through a cloud-like subscription model.
Organizations have traditionally consumed enterprise network infrastructure through a one-time capital expenditure of hardware, software, licenses, and services that may or may not be packaged together. Network-as-a-service also provides access to new technology, including infrastructure such as Wi-Fi 6 and 100 Gigabit Ethernet, with access to equipment refresh and upcycle opportunities to that ensure the network has the latest gear to operate at peak performance and can scale up or down to meet fluctuating demand. Moreover, companies can be more cost-conscious with on-demand purchasing, paying just for the required networking services. Network-as-a-Service (NaaS) can also assist businesses that desire more flexibility in provisioning without rebuilding networks or renegotiating contracts from scratch. The enterprise proclivity toward digitalization is driving even more need for robust network services. Many businesses are trying to improve their network capabilities, which is where network-as-a-service is boosting in the market.
The network-as-a-service market is segmented on the basis of type, application, enterprise size, industry vertical, and region. By type, it is segmented into WAN-as-a-service and LAN-as-a-service. By application, it is segmented into WAN optimization, bandwidth on demand, cloud and SaaS connectivity, network access control, virtual private network, secure web gateway, UCaaS/video conferencing, and others. By enterprise size, the market is categorized into large enterprise and SMEs. By industry vertical, the market is categorized into IT and telecom, BFSI, healthcare, manufacturing, retail and e commerce, government and public sector, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.
The key players operating in the market include China Mobile, Cloudflare, Inc, GTT Communications Inc., KDDI Corporation, NTT communications, Tata Communications Ltd, Telefonica, Verizon Communications Inc., Vodafone Group plc, and Wipro Limited. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.
KEY BENEFITS FOR STAKEHOLDERS
The study provides an in-depth analysis of the global network-as-a-service market forecast along with the current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global network-as-a-service market trends is provided in the report.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.
Key Market Segments
By Type
WAN-as-a-service
LAN-as-a-service
By Industry Vertical
BFSI
Healthcare
Manufacturing
Retail and E commerce
Government and Public Sector
Others
IT and Telecom
By Application
WAN Optimization
Bandwidth on Demand
Cloud and SaaS Connectivity
Network Access Control
Virtual Private Network
Secure Web Gateway
UCaaS/Video Conferencing
Others
By Enterprise Size
Large Enterprise
SMEs
By Region
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Netherlands
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
NNT Communications
Verizon Communications Inc.
Telefonica
Vodafone Group plc
Tata Communications Ltd
Cloudflare, Inc.
Wipro Limited
China Mobile
KDDI CORPORATION
GTT Communications Inc
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