What is Network as a Service?
Network as a Service (NaaS) is the virtual networking business model, it is used to incorporate current cloud computing services with the cloud networking framework. This model used to provide the network service virtually, it can be through ‘pay as you’ service as well as subscription model. NaaS is also mentioned as an on demand network provider for any business. The growing adoption cloud technology for data storage coupled with introduction of Big Data analytics is backing the growth of the Network as a Service market over the coming years. Furthermore, the fast growth in IoT technologies also drives the growth of the global Network as a Service market.
The market study is broken down by Type (LAN as a Service and WAN as a Service), by Application (Bandwidth on Demand, Network Function Virtualization, V-CPE and Integrated Network Security as a Service) and major geographies with country level break-up. and may see market size of USD9.98 Billion by 2026.
Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Network as a Service market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Cisco systems (United States), Juniper Networks (United States), IBM Corp. (United States), NEC Corp. (Japan), VMware (United States), Aryaka Networks Inc. (United States), Alcatel Lucent (United States), Brocade Communications Systems Inc. (United States) and AT&T(United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are The Hewlett-Packard Company (United States), Silver Peak Systems (United States) and Ciena Corporation (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Network as a Service market by Type, Application and Region.
On the basis of geography, the market of Network as a Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. If we see Market by Vertical, the sub-segment i.e. Transportation and Logistics will boost the Network as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Infrastructure will boost the Network as a Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Faster adoption of cloud services among various enterprises
- Software-defined pattern shift across the whole IT industry
- Service providers getting away from the low margin commodity services to value-added services
Opportunities
- Streamlined installation, configuration, and management of enterprise branch appliances
- Low cost with blended WAN approaches
Restraints
- Absence of standardization in NaaS technology for internetwork interoperability as well as portability
Challenges
- Absence of situational awareness & understanding among the stakeholders
Key Target Audience
Mobile network operators, SDN solution providers, Wireless infrastructure provider, Cloud and virtualized datacenters and Network infrastructure providers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.