Network-as-a-service Market Booming the Industries by Ravisisng keyplayers | Cisco Systems Inc., Juniper Networks, Inc., IBM Corp., NEC Corp., VMware, Aryaka Networks Inc., Alcatel Lucent, Brocade Communications Systems Inc., AT&T Inc., and Ciena Corporat

Network-as-a-service (NaaS) is the network transport connectivity used for delivering network services virtually over the internet on a metered service (pay-per-use). NaaS providers offer necessary network hardware to end users on subscription basis, which provides a complete network solution.

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Increasing deployment of cloud computing and network virtualization are the major factors driving growth of the network-as-a-service market

Adoption of cloud computing services and network virtualization has led to significant increase in data collected on various digital and social platforms. In cloud computing, the NaaS benefits in providing scalable, pluggable, and API (Application Programmer Interface) driven network management, where the users can deploy and manage their networks virtually. NaaS offers a networking framework that outspreads the cloud computing’s on-demand and self-service provisioning model to the network service provider. Therefore, increasing deployment of cloud computing positively impacts growth of the market.

Information Technology (IT) and telecommunication segment is expected to account for the largest market share over the forecast period
IT and telecommunication segment is expected to be dominant in the market over the forecast period, due to increasing deployment of cloud computing services. Therefore, increasing cloud computing services is driving adoption of cloud-based networking services, which offer the end-users on-demand network resources.

Global Network-as-a-service Market: Regional Insights

Asia Pacific is expected to exhibit the highest growth, during the forecast period. India, China, and Japan are the major growth engines in the market of Asia Pacific. Increasing internet penetration is one of the major factors responsible for driving growth of the market in this particular region.

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Global Network-as-a-service Market: Competitive Background

Kay players in the network-as-a-service ecosystem comprises solutions and service providers, such as Cisco Systems Inc., Juniper Networks, Inc., IBM Corp., NEC Corp., VMware, Aryaka Networks Inc., Alcatel Lucent, Brocade Communications Systems Inc., AT&T Inc., and Ciena Corporation.

Global Network-as-a-service Market: Taxonomy

On basis of component, the global network-as-a-service market is segmented into:

• Infrastructure
• Technology Services

On basis of application, the global network-as-a-service market is segmented into:

• Bandwidth on Demand (BoD)
• Network Function Virtualization (NFV)
• Virtual Customer Premises Equipment (V-CPE)
• Integrated network security-as-a-service

On basis of vertical, the global network-as-a-service market is segmented into:

• Information Technology (IT) and Telecommunication
• Banking Finance Services and Insurance (BFSI)
• Manufacturing
• Government
• Healthcare
• Transport and Logistics
• Retail

On basis of region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East
• Africa

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