What's Driving Network as a Service Market Size? | Top Players - Aryaka, AT&T, Brocade, Ciena, Cisco,  Citrix, Cloudgenix, Cradlepoint, IBM

The global network as a service market has been gaining a commendable impetus in the recent years as NaaS can provide companies with greater flexibility and improve the performance of their network infrastructure. The worldwide NaaS market is also making a major headway as enterprises of all sizes are striving to run IT infrastructure more efficiently and methodically operate and manage their networks.

The Network as a Service market has garnered some of its most loyal customers among the small and medium enterprises as NaaS allows companies to buy into infrastructure services and solutions, they could hardly afford to buy outright but can now pay a subscription to avail as needed. NaaS market through SMEs is expected to record a significant CAGR of 35% over 2019-2025. This is because NaaS not only provides the bandwidth, flexibility and technology besides 24-7 support and on-call expertise that SMEs desperately need, but also saves such small and medium sized enterprises from the crippling one-off CAPEX cost, swapping it with the predictable monthly OPEX bill.

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As a service segment, WAN is anticipated to amass substantial gains by holding a major share of over 30% of the NaaS market by 2025. Large enterprises are majorly dependent on the WAN infrastructure for connecting their remote employees and devices. Enterprises are utilizing NaaS offerings to minimize the costs associated with the management of WAN networks.

The Network as a Service model allows organizations to use or provide network services on a subscription-based pricing model, which eliminates the requirement to re-architect networks. As enterprises keep looking forward to adopting a network that aids cutting down upon costs, the demand for cloud network services is estimated to experience a boost over the analysis period.

Asia Pacific is estimated to be major regional ground for the expansion of NaaS market. As per estimates, APAC network as a service market will register notable CAGR of over 40% over the forecast timespan. This massive growth rate across the region can be attributed to increasing deployment of cloud and network virtualization solutions to cater to growing network traffic demands.

With digital transformation, each and every aspect of all businesses have become highly competitive. This, however, is not an easy feat in an environment where technology seems to be changing daily. More often than not, all businesses cannot afford to jump on to the bandwagon mostly due to cost challenges. With network as a service however, businesses of all sizes can afford become more flexible and scalable and remain competitive by taking a risk of upgrading, as the service can be easily cancelled if the business decides against its requirement. Endowed with such a unique offering as making technology accessible, affordable and flexible, network as a service market is poised to witness explosive expansion over 2019-2025.

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Partial Chapter of the Table of Content
Chapter 6. Network as a Service Market, By Enterprise Size
6.1. Key trends, by enterprise size
6.2. Large enterprises
6.2.1. Market estimates and forecast, 2014 - 2025
6.3. Small and Medium Enterprises (SMEs)
6.3.1. Market estimates and forecast, 2014 - 2025
Chapter 7. Network as A Service Market, By Application
7.1. Key trends, by application
7.2. IT & telecom
7.2.1. Market estimates and forecast, 2014 - 2025
7.3. BFSI
7.3.1. Market estimates and forecast, 2014 – 2025
7.4. Manufacturing
7.4.1. Market estimates and forecast, 2014 - 2025
7.5. Government & public sector
7.5.1. Market estimates and forecast, 2014 - 2025
7.6. Healthcare
7.6.1. Network as a Service Market estimates and forecast, 2014 - 2025
7.7. Retail

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