Network-as-a-Service (NaaS) Market Outlook 2023: Big Things are Happening

The latest study released on the Global Network-as-a-Service (NaaS) Market by HTF MI Research evaluates market size, trend, and forecast to 2029. The Network-as-a-Service (NaaS) market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:

Cisco Systems (United States), Juniper Networks (United States), IBM Corporation (United States), NEC Corporation (Japan), Vmware (United States), Aryaka Networks (United States), Alcatel Lucent (France), Brocade Communications Systems (United States), Others

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According to HTF Market Intelligence, the Global Network-as-a-Service (NaaS) market to witness a CAGR of 24.6% during forecast period of 2023-2029. The market is segmented by Application (Network Security, Web Security, Email Security, Database and Cloud Security, Others) by Type (LAN-as-a-Service (LANaaS), WAN-as-a-Service (WANaaS)) by Organization Size (Large Enterprises, SMEs) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Network-as-a-Service (NaaS) market size is estimated to increase by USD 29.89 Billion at a CAGR of 24.6% from 2023 to 2029. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD 10.30Billion

Definition:

Network as a Service (NaaS) is a networking solution providers offers cloud-based and various networking solutions, such as load balancers, virtual machines, servers, network switches, and storage memory. NaaS solutions are provided by third parties to customers who are not interested to invest in building their own networking infrastructure. These technologies are gaining tremendous opportunity among network operators due to cost-effectiveness. Further, the rising number of mobile applications and network endpoints has propelled the market growth to meet enterprise mobility demands and ensure long network uptime.

Market Trends:

• Emergence of Cloud Computing & Network Virtualization
• Rising Demand for Global Connectivity & Expanding Awareness about NaaS
• Shifting IT investment from capital expenditure (CAPEX) to operating expense (OPEX) business model

Market Drivers:

• Accelerating Adoption of Cloud Services among Large and SMEs
• Rapid Development of Data Centers and On Demand Network Services
• Features Such as Reduced Operational & Capital Expenditure

Market Opportunities:

• Global Enterprise Network for Supporting Distributed Workforce in International Locations

Major Highlights of the Network-as-a-Service (NaaS) Market report released by HTF MI

Market Breakdown by Applications: Network Security, Web Security, Email Security, Database and Cloud Security, Others

Market Breakdown by Types: LAN-as-a-Service (LANaaS), WAN-as-a-Service (WANaaS)

Global Network-as-a-Service (NaaS) market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

• -To carefully analyze and forecast the size of the Network-as-a-Service (NaaS) market by value and volume.
• -To estimate the market shares of major segments of the Network-as-a-Service (NaaS)
• -To showcase the development of the Network-as-a-Service (NaaS) market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Network-as-a-Service (NaaS) market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Network-as-a-Service (NaaS)
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Network-as-a-Service (NaaS) market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents:

Network-as-a-Service (NaaS) Market Study Coverage:

• It includes major manufacturers, emerging player's growth story, and major business segments of Network-as-a-Service (NaaS) market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Network-as-a-Service (NaaS) Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Network-as-a-Service (NaaS) Market Production by Region Network-as-a-Service (NaaS) Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.
• Key Points Covered in Network-as-a-Service (NaaS) Market Report:
• Network-as-a-Service (NaaS) Overview, Definition and Classification Market drivers and barriers
• Network-as-a-Service (NaaS) Market Competition by Manufacturers
• Network-as-a-Service (NaaS) Capacity, Production, Revenue (Value) by Region (2023-2029)
• Network-as-a-Service (NaaS) Supply (Production), Consumption, Export, Import by Region (2023-2029)
• Network-as-a-Service (NaaS) Production, Revenue (Value), Price Trend by Type {LAN-as-a-Service (LANaaS), WAN-as-a-Service (WANaaS)}
• Network-as-a-Service (NaaS) Market Analysis by Application {Network Security, Web Security, Email Security, Database and Cloud Security, Others}
• Network-as-a-Service (NaaS) Manufacturers Profiles/Analysis Network-as-a-Service (NaaS) Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered

• How feasible is Network-as-a-Service (NaaS) market for long-term investment?
• What are influencing factors driving the demand for Network-as-a-Service (NaaS) near future?
• What is the impact analysis of various factors in the Global Network-as-a-Service (NaaS) market growth?
• What are the recent trends in the regional market and how successful they are?

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COMTEX_427619613/2808/2023-03-27T05:04:54