Cloud-Based Application Surge Propels Network As A Service Market Growth: A Significant Driver Propelling The Network as a Service Market In 2025

The Network as a Service Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Expected Network as a Service Market Size During the Forecast Period?
In recent times, the size of the network as a service market has seen a significant increase. Projections show a growth from $25.71 billion in 2024 to $33 billion in 2025, with a compound annual growth rate (CAGR) of 28.4%. The expansive growth in the previous period can be tied to the rising demand for scalable solutions, cost-effectiveness, and the advent of remote work.

The anticipated expansion of the network as a service market is set to be significant in the upcoming years, expected to reach a value of $106.74 billion by 2029, experiencing a compound annual growth rate (CAGR) of 34.1%. The expansion of edge computing, the need for security and compliance, specific industry networking solutions, and flexible subscription models are all attributing factors to growth during this forecasted period. Some key trends for this upcoming period include the integration of 5G, the initiation of digital transformation, the adoption of software-defined networking (SDN), security as a service (SECaaS) in networking, and the rise of network analytics and intelligence.

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What Are the High-Growth Segments in the Network as a Service Market?
The network as a service market covered in this report is segmented -

1) By Type: LAN as a Service, WAN as a Service, Bandwidth on Demand (BoD), VPN as a Service, Managed Services
2) By Enterprise Size: Large Enterprises, SMEs
3) By End-User: Banking, Financial Services, And Insurance (BFSI), Government And Public Sector, Healthcare, IT And Telecommunication, Manufacturing, Retail And E-commerce, Other End Users

Subsegments:
1) By LAN as a Service (LaaS): Virtual LAN Services, Network Configuration and Management
2) By WAN as a Service (WaaS): Software-Defined WAN (SD-WAN), Wide Area Network Optimization
3) By Bandwidth on Demand (BoD): Dynamic Bandwidth Allocation, Pay-As-You-Go Bandwidth Services
4) By VPN as a Service: Secure Remote Access VPN, Site-to-Site VPN, VPN for Mobile Users
5) By Managed Services: Network Monitoring and Management, Security as a Service, Network Optimization and Support Services

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What Key Drivers Are Expected to Influence Future Network as a Service Market Growth?
The increase in the deployment of cloud-based apps in various businesses is predicted to push the expansion of the network as a service market. These applications employ cloud computing to store data. As more individuals engage in remote work or stay at home, the use of the internet accelerates, spiking the need for fast network connections. Network as a service, through leveraging cloud computing, is beneficial to clients as they can manage their own networks by using cloud-based apps, providing direct, secure access to the network infrastructure. A forecast for 2023 indicated the United States to be the largest public cloud market, with an estimated spending of $697 billion by 2027. Western Europe is slated to be the second-largest market, with projected investments amounting to $273 billion. China, on the other hand, is believed to come third, with an estimated expenditure of $117 billion by 2027. As such, the surging use of cloud-based apps in businesses fuels the growth of the network as a service market.

Which Companies Hold the Largest Share Across Different Network as a Service Market Segments?
Major companies operating in the network as a service market include China Telecom Corporation Limited, Verizon Communications Inc., China Mobile Limited, AT&T Inc., Deutsche Telekom AG, NTT Communications Corporation, IBM Corp, Cisco Systems Inc., Vodafone Group plc, KDDI Corporation, Orange SA, Telefonica S.A., Oracle Corp, BT Group plc, Lumen Technologies Inc., Telstra Corporation Limited, TELUS Corporation, Singtel, Wipro Limited, Comcast Business, Telia Company AB, Juniper Networks Inc., Colt Technology Services Group Limited, Tata Communications Ltd., Cloudflare Inc., Axians, PCCW Global, GTT Communications Inc., Aryaka Networks Inc.

What Trends Are Driving Growth in The Network as a Service Market?
Leading companies in the network as a service market are involved in the creation of ground-breaking products like digital orchestrations in an effort to expand their customer base, increase sales volume, and boost their revenue. Digital orchestration is the strategic alignment, amalgamation, and oversight of various digital resources, procedures, and technologies to attain a desired result or objective. For example, BT Group PLC, a telecommunications operator based in the UK, introduced Global Fabric in October 2023. Global Fabric is built on a network-as-a-service model, prioritizing adaptable and easy-to-use options with a pay-as-you-go structure, providing users the advantage of digital automation and AI. The distinguishing aspect is the power it gives to users to choose and manage their desired connectivity for their applications and tasks, providing control over the pathways they navigate through the network. BT maintains that this control promotes better application functionality, effective cost handling, and adherence to regulations on data transportation.

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What Are the Emerging Geographies for The Network as a Service Market Growth?
North America was the largest region in the network as a service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Network as a Service Market?
2. What is the CAGR expected in the Network as a Service Market?
3. What Are the Key Innovations Transforming the Network as a Service Industry?
4. Which Region Is Leading the Network as a Service Market?

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