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Network as a Service Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

November 2023 | 147 pages | ID: NF43BC3D0366EN
IMARC Group

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The global network as a service market size reached US$ 14.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 77.6 Billion by 2028, exhibiting a growth rate (CAGR) of 32.56% during 2022-2028.


Network-as-a-Service (NaaS) is a cloud-based technological solution that involves the renting of networking services from service providers. It involves the hiring of hardware, software, management tools, lifecycle services and licenses without owning, building or maintaining the setup infrastructure. NaaS can aid in replacing hardware-centric virtual private networks (VPNs), load balancers, firewall appliances and multiprotocol label switching (MLPS) connections. The network infrastructure is also virtualized through flexible operating expenses (OpEx). The service is provided to the customers in exchange for a subscription and can be scaled as per the requirement of the user. As a result, it finds extensive applications across various industries, including banking, financial services and insurance (BFSI), retail, information technology (IT) and healthcare.

Network as a Service Market Trends:
Significant growth in the IT industry across the globe is one of the key factors creating a positive outlook for the market. NaaS is widely used for video conferencing, operating VPNs, wide area network (WAR) optimization and running secure web gateways. Moreover, the widespread adoption of NaaS platforms by small, medium and large-sized organizations is providing a thrust to the market growth. The solutions are deployed on the cloud and on-premises for converting physical networking elements to sharable virtual resources. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), virtual reality (VR) and augmented reality (AR) solutions, are acting as other growth-inducing factors. These technologies offer enhanced technological flexibility and data security to the organizations and improved access to private and public gateways. They also provide enhanced connectivity with smart devices, computing systems, remote offices and data centers. Other factors, including the increasing adoption of 5G technologies, along with the widespread adoption of a pay-per-use pricing model, are anticipated to drive the market toward growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global network as a service market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, application and end use industry.

Breakup by Type:

LAN-as-a-Service
WAN-as-a-Service

Breakup by Application:

Cloud-based Services
Bandwidth on Demand
Integrated Network Security-as-a-Service
Wide Area Network
Virtual Private Network

Breakup by End Use Industry:

Healthcare
BFSI
Retail and E-Commerce
IT and Telecom
Manufacturing
Transportation and Logistics
Public Sector

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Akamai Technologies Inc., AT&T Inc., Broadcom Inc., Ciena Corporation, Cisco Systems Inc., GTT Communications Inc., Hewlett Packard Enterprise Development LP, International Business Machines Corporation, Juniper Networks Inc., Nokia Corporation, Oracle Corporation, Telstra Corporation Limited, Verizon Communications Inc. and VMware Inc. (Dell Technologies Inc.).

Key Questions Answered in This Report:
How has the global network as a service market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global network as a service market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global network as a service market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL NETWORK AS A SERVICE MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY TYPE

6.1 LAN-as-a-Service
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 WAN-as-a-Service
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Cloud-based Services
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Bandwidth on Demand
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Integrated Network Security-as-a-Service
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Wide Area Network
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Virtual Private Network
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY END USE INDUSTRY

8.1 Healthcare
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 BFSI
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Retail and E-Commerce
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 IT and Telecom
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Manufacturing
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Transportation and Logistics
  8.6.1 Market Trends
  8.6.2 Market Forecast
8.7 Public Sector
  8.7.1 Market Trends
  8.7.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Akamai Technologies Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
    14.3.1.4 SWOT Analysis
  14.3.2 AT&T Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Broadcom Inc.
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Ciena Corporation
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 Cisco Systems Inc.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 GTT Communications Inc.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 Hewlett Packard Enterprise Development LP
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 International Business Machines Corporation
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
    14.3.8.3 Financials
    14.3.8.4 SWOT Analysis
  14.3.9 Juniper Networks Inc.
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 Nokia Corporation
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 Financials
    14.3.10.4 SWOT Analysis
  14.3.11 Oracle Corporation
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
    14.3.11.3 Financials
    14.3.11.4 SWOT Analysis
  14.3.12 Telstra Corporation Limited
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 Financials
    14.3.12.4 SWOT Analysis
  14.3.13 Verizon Communications Inc.
    14.3.13.1 Company Overview
    14.3.13.2 Product Portfolio
    14.3.13.3 Financials
    14.3.13.4 SWOT Analysis
  14.3.14 VMware Inc. (Dell Technologies Inc.)
    14.3.14.1 Company Overview
    14.3.14.2 Product Portfolio
    14.3.14.3 Financials
    14.3.14.4 SWOT Analysis

LIST OF TABLES

Table 1: Global: Network as a Service Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Network as a Service Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Network as a Service Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Network as a Service Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 5: Global: Network as a Service Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Network as a Service Market: Competitive Structure
Table 7: Global: Network as a Service Market: Key Players

LIST OF FIGURES

Figure 1: Global: Network as a Service Market: Major Drivers and Challenges
Figure 2: Global: Network as a Service Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Network as a Service Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Network as a Service Market: Breakup by Type (in %), 2022
Figure 5: Global: Network as a Service Market: Breakup by Application (in %), 2022
Figure 6: Global: Network as a Service Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Network as a Service Market: Breakup by Region (in %), 2022
Figure 8: Global: Network as a Service (LAN-as-a-Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Network as a Service (LAN-as-a-Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Network as a Service (WAN-as-a-Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Network as a Service (WAN-as-a-Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Network as a Service (Cloud-based Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Network as a Service (Cloud-based Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Network as a Service (Bandwidth on Demand) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Network as a Service (Bandwidth on Demand) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Network as a Service (Integrated Network Security-as-a-Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Network as a Service (Integrated Network Security-as-a-Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Network as a Service (Wide Area Network) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Network as a Service (Wide Area Network) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Network as a Service (Virtual Private Network) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Network as a Service (Virtual Private Network) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Network as a Service (Healthcare) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Network as a Service (Healthcare) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Network as a Service (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Network as a Service (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Network as a Service (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Network as a Service (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Network as a Service (IT and Telecom) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Network as a Service (IT and Telecom) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Network as a Service (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Network as a Service (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Network as a Service (Transportation and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Network as a Service (Transportation and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Network as a Service (Public Sector) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Network as a Service (Public Sector) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Network as a Service Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Network as a Service Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Network as a Service Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Network as a Service Industry: SWOT Analysis
Figure 86: Global: Network as a Service Industry: Value Chain Analysis
Figure 87: Global: Network as a Service Industry: Porter's Five Forces Analysis


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