Network as a service Market to 2023 - Overview, Industry Analysis and Prominent Corporations Profiled Such as Cisco, Juniper Networks, IBM Corporation, NEC Corporation,VMware Inc., Aryaka Networks, AT&T, Alcatel Lucent S.A

According to this Report, the rise in inclination toward the reduction of operating costs and the proliferation of the cost control techniques are primary drivers of the market. Further, NaaS provides on-demand network service and pay-per-use pricing model, which makes it one of the popular technologies in the market. The long-term recurring expense and data security & privacy concerns are foremost restraints of the market. The emergence of the local players and need of low-cost network services is expected to offer abundant opportunities for the market growth.

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The market is in its emerging stage and is expected to grow at a considerable growth rate. Innovation in the technology and collaboration across the various players in the market intensifies the competition. For instance, Level 3 Communications, LLC. and Cisco Systems Inc. collaborated for an adaptive NaaS on August 2016.

The NaaS market is segmented by component, application, type, industry vertical, and geography. In terms of component, it is bifurcated into infrastructure and technology service.

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The market is classified based on the application as bandwidth-on-demand, network function virtualization, CPE, and integrated NaaS. The segmentation on the basis of type area includes LAN-as-a-service and WAN-as-a-service. Based on industry vertical, the market is categorized into banking, financial services, and insurance (BFSI), aerospace & defense, healthcare, public sector, IT & telecom, retail, and others. By geography, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

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Comprehensive and Competitive Analysis of Leading Industry Players

- Cisco
- Juniper Networks
- IBM Corporation
- NEC Corporation
- VMware Inc.
- Aryaka Networks
- AT&T
- Alcatel Lucent S.A
- Brocade Communication Systems
- Ciena Corporation

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