Network-as-a-Service (NaaS) Market Major Industry Players and Trends 2030 | Cisco Systems, Juniper Networks, IBM Corp

PRESS RELEASE
Published October 13, 2023

The Network-as-a-Service (NaaS) Market is advancing with a CAGR of 7.9%. It is set to grow from USD 3 billion in 2023 to USD 6 billion by 2030, offering flexible and scalable network solutions on a subscription basis.

Market Overview:
The Network-as-a-Service (NaaS) Market is on the rise as businesses shift toward flexible and scalable networking solutions. NaaS offers network services on a subscription basis, allowing organizations to avoid large upfront infrastructure investments and easily adapt to changing network requirements.

Prominent companies in this market, including Cisco, AT&T, and Juniper Networks, provide NaaS solutions that cater to businesses of all sizes and industries. NaaS is gaining traction due to its ability to streamline network management, improve agility, and reduce costs.

As organizations increasingly rely on cloud-based services, remote work, and digital transformation, the NaaS Market is expected to see continuous expansion to meet the evolving needs of the business landscape.

The Top Players in Network-as-a-Service (NaaS) market:
Cisco Systems, Juniper Networks, IBM Corp, NEC Corp, Vmware, Aryaka Networks, Alcatel Lucent, Brocade Communications Systems, AT&T, Ciena Corporation, Aerohive Networks, Inc., Akamai Technologies, Inc., Amazon Web Services, Inc., Broadcom Ltd., Century Link, Inc., Citrix Systems, Inc., CloudGenix Inc., Cradlepoint, Inc., Extreme Networks Inc., Rackspace Holdings Inc., Silver Peak Systems, Inc., Talari Networks Inc.(Oracle), Verizon Communications Inc. & Others.

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Network-as-a-Service (NaaS) by Segmentation:

By Type:
LAN-as-a-Service (LANaaS)

WAN-as-a-Service (WANaaS)

By Application:
Information Technology (IT) and Telecommunication

Manufacturing

Banking, Financial Services, and Insurance (BFSI)

Government

Healthcare

Transport and Logistics

Retail

Others

Reasons to Purchase This Report:
The updated research, available as an extract, also includes the option to acquire premium features that cover extensive historical, present, and future data. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and, region, and, as a result, provides a holistic view of, as well as a deep insight into the Network-as-a-Service (NaaS) market covering all its essential aspects.

Geographically analysis:
The Network-as-a-Service (NaaS) Market serves a global audience, with significant regional markets in North America, Europe, and Asia-Pacific. North America, including the United States, emphasizes cloud networking and NaaS for scalable and cost-effective connectivity. Europe places importance on network flexibility and virtualization. Asia-Pacific, including countries like Singapore, is growing as businesses seek agile and software-defined networking solutions through NaaS.

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Network-as-a-Service (NaaS) Market Dynamics:

Opportunity:
The NaaS Market offers a cloud-based approach to networking, enabling organizations to access network services on-demand. Opportunities involve delivering scalable and customizable NaaS solutions that support modern networking needs, including remote work and cloud integration. As digital transformation accelerates, NaaS is a key enabler of flexible and cost-effective network solutions.

Challenges:
In the Network-as-a-Service (NaaS) market, challenges include providing flexible and scalable network solutions to businesses on a subscription basis. Ensuring network performance, data security, and addressing the connectivity needs of remote work and cloud-based services are key concerns. Adapting to the evolving network infrastructure and the demand for cost-effective connectivity presents ongoing challenges.

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Research methodologies:
The research strategy for the Network-as-a-Service (NaaS) Market was meticulous. Primary research encompassed interviews and surveys with NaaS providers, IT professionals, and business clients, offering real-world perspectives. Simultaneously, secondary research mined data from existing market reports, tech publications, and trusted sources. This comprehensive methodology ensures a holistic understanding of the NaaS Market.

Following Chapter Covered in the Network-as-a-Service (NaaS) Market Research:

Chapter 1- Provides an overview of Network-as-a-Service (NaaS) market, containing global revenue and CAGR. The forecast and analysis of market by type, application, and region are also presented in this chapter.

Chapter 2- Describes the market environment and major players. It provides basic information of these players along with competitive situation and market concentration status.

Chapter 3- Introduces the industrial chain of Network-as-a-Service (NaaS). In this chapter, industrial chain analysis, raw materials (suppliers, price, supply and demand, market concentration rate), and downstream buyers are analysed.

Chapter 4- Concentrates on manufacturing analysis, including cost structure analysis and process analysis, constituting a comprehensive analysis of manufacturing cost.

Chapter 5- Provides clear insights on market dynamics, impact of COVID-19 on industries, and analysis of consumer behaviour.

Chapter 6- Provides a full-scale analysis of major players in Network-as-a-Service (NaaS) industry. Basic information is provided as well as profile, applications, and specifications of product market performance along with business overview.

Chapter 7- Pays attention to the sales, revenue, price, and gross margin of Network-as-a-Service (NaaS) in different geographical markets. This part covers the analysis of sales, revenue, price, and gross margin in the global market.

Chapter 8- Gives a worldwide view of the market. It includes sales, revenue, price, market share, and growth rate by type.

Chapter 9- Focuses on the application of Network-as-a-Service (NaaS), by analysing the consumption and growth rate of each application.

Chapter 10- Forecasts the entire Network-as-a-Service (NaaS) market, including global sales and revenue forecasts, as well as regional forecasts. It also foresees the Network-as-a-Service (NaaS) market by type and application.

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