About Network-as-a-Service (NaaS)
Network as a Service (NaaS) is a networking solution providers offers cloud-based and various networking solutions, such as load balancers, virtual machines, servers, network switches, and storage memory. NaaS solutions are provided by third parties to customers who are not interested to invest in building their own networking infrastructure. These technologies are gaining tremendous opportunity among network operators due to cost-effectiveness. Further, the rising number of mobile applications and network endpoints has propelled the market growth to meet enterprise mobility demands and ensure long network uptime.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 33.6% |
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Network-as-a-Service (NaaS) market throughout the forecasted 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 Corporation (United States), NEC Corporation (Japan), Vmware (United States), Aryaka Networks (United States), Alcatel Lucent (France) and Brocade Communications Systems (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 AT&T (United States), Ciena Corporation (United States) and Anuta Networks (India).
Segmentation Overview
AMA Research has segmented the market of Global Network-as-a-Service (NaaS) market by Type (LAN-as-a-Service (LANaaS) and WAN-as-a-Service (WANaaS)), Application (Network Security, Web Security, Email Security, Database and Cloud Security and Others) and Region.
On the basis of Type, LAN-as-a-Service (LANaaS) are dominating the market in the year 2023On the basis of geography, the market of Network-as-a-Service (NaaS) 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).
If we see Market by , the sub-segment i.e. will boost the Network-as-a-Service (NaaS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Emergence of Cloud Computing & Network Virtualization, Rising Demand for Global Connectivity & Expanding Awareness about NaaS and Shifting IT investment from capital expenditure (CAPEX) to operating expense (OPEX) business model
Market Growth Drivers:
Accelerating Adoption of Cloud Services among Large and SMEs, Rapid Development of Data Centers and On Demand Network Services and Features Such as Reduced Operational & Capital Expenditure
Challenges:
Data Security & Privacy Concerns is likely to pose a challenge for the market
Restraints:
Data Security & Privacy Concerns is likely to hamper the NaaS market
Opportunities:
Global Enterprise Network for Supporting Distributed Workforce in International Locations
Market Leaders and their expansionary development strategies
In February 2024, Liberty Global and Amazon Web Services (AWS) are collaborating to create a Network-as-a-Service (NaaS) framework that enables developers to use and access Liberty Global’s fixed and mobile networks as a platform for innovation. The collaboration seeks to leverage the combination of Liberty Global’s extensive telecoms networks and AWS’s global cloud infrastructure and existing developer ecosystem to develop compelling use cases for NaaS.
In February 2023, Anuta Networks announced the general availability of ATOM, a powerful Assurance, Telemetry, and Orchestration platform for Multi-Vendor Networks. Worldwide network operation teams are facing intense demands from both internal constituents and application owners for a flexible, secure and predictable infrastructure. Anuta ATOM uniquely addresses these pain points and delivers a modular, extensible, scalable and cloud-native software platform that enables enterprises and service providers to rapidly design and provision network services, collect real-time telemetry, develop deep network analytics, ensure compliance and provide service assurance for multi-vendor physical and virtual infrastructure. With ATOM, networking teams can deliver services faster, eliminate human errors, avoid security violations, reduce OpEx and meet SLAs with exceptional high availability.
Key Target Audience
Network-As-a-Service Providers, Industry Association, Downstream Vendors, Marketing & Consulting Firms, Venture Capitalists and Government & Regulatory Bodies
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 a 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 the purpose to understand the companies positioning regarding the 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 a 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, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.