Network as a Service Market expected to Witness a Sustainable Growth over 2016 - 2026

Global Network as a Service Market: Drivers

Emergence of cloud computing, network virtualization, software defined networking (SDN), rising demand for pay per use business model, expanding demand for global connectivity and rising awareness about the economic benefits of Network as a Service (NaaS) due to reduced operational & capital expenditure, are some of the key factors identified as the major growth factors drivers the global network as a service market. Furthermore, increasing challenges faced by global enterprise network for supporting distributed workforce in international locations is expected to create huge business opportunity for network as a service market, from the global enterprise environment. Optimized bandwidth usage, reduced network traffic, transparent network visibility, faster deployment, and reduced network maintenance & management hassles, are some of the potential benefits of NaaS are expected to positively impact the growth of global network as a service market. Also, the growing trend among enterprises shifting IT investment from capital expenditure (CAPEX) to operating expense (OPEX) business model and the option to implement Network as a Service (NaaS) on existing networking infrastructures of cloud, further accelerates the growth of global network as a service market during the forecast period. However, data security and privacy concerns is likely to deter the progression of global network as a service market, as enterprises hesitate to share critical business data and statistical information with the service providers.

Global Network as a Service Market: Segmentation

Global Network as a Service Market is segmented on the basis of end user and region. On the basis of end user, global network as a service market can be segmented into IT & telecommunication, Manufacturing, Banking, Financial services, and Insurance (BFSI), Government, Healthcare, Transport & logistics, Retail and others. On the basis of region, global network as a service market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Japan and Middle East & Africa. Among all end user segments, IT & telecommunication and Banking, Financial Services, and Insurance (BFSI) segments expected to dominates the market during the forecast period, due to increasing applications and continuous adaptation for cost effective IT infrastructure operations.

Global Network as a Service Market: Regional Outlook

Global Network as a Service Market is witnessing robust growth and is expected to witness double digit CAGR during the forecast period. North America was the dominant regional market in 2015, but it is expected to lose its share to some extent during the forecast period. Overall Asia Pacific market particularly emerging economies, such as China and India, is anticipated to exhibit highest growth rate among all the regions, due to major interment in IT infrastructure projects, expanding telecommunication network and continuous adaptation of cloud services in sectors such as telecom, Banking and Financial Services.

Request for more detailed information (TOC And Sample) @
https://www.persistencemarketresearch.com/samples/12412

Global Network as a Service Market: Competition Landscape

The key vendors in the Global Network as a Service Market Cisco, IBM, VMware, Juniper Networks, Aryaka Networks, Inc., Aerohive, Akamai Technologies, Masergy, Citrix, Level 3 Communications Inc. Major vendors collaborating with other players in Network as a Service Market is the key strategy followed by major market vendors to gain competitive edge. For Instance, Cisco offers Intelligent WAN with Akamai Connect.

About Us

Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research Pvt. Ltd

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA – Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

media@persistencemarketresearch.com

Web: www.persistencemarketresearch.com

This release was published on openPR.