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Network-as-a-Service Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Network-as-a-Service Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Network-as-a-Service Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 05 Sep 2020
  • Report ID: ICT&S 0083
  • Pages:172
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Network-as-a-Service (NaaS) is a service that enables customers to purchase network and value-added services and computing and network resources as a service, from CSPs. NaaS reduces the overall cost and helps the organization keep up with ever-changing business requirements, rapid changes in technologies, new business applications, and security threats. NaaS is introduced to the customer along with a marketplace of services and applications in a single self-service portal. This enables customers to order and co-manage their services on-demand to improve agility and scalability capabilities.  Increasing inclination toward cloud technology is anticipated to create a lucrative market during the forecast period. According to a study published by Insure Insights, the global Network-as-a-Service Market is expected to grow at a CAGR of 37.6% during the forecast period.

Top Driver: Rise in Preference Toward Reducing Operation Costs and Emerging Local Players

The rise in preference toward reducing operation costs and developing cost control techniques is a prominent driver of the market. In addition, NaaS offers an on-demand network service and pay-per-use pricing model, thereby gaining more traction in the customers. The rise in the number of emerging local players and the need for low-cost network services is anticipated to create abundant opportunities for market growth. However, the long-term recurring expense and data security & privacy concerns are the major factors hindering the growth of the market.

IT and Telecom to Make Crucial Contribution to Growth of Global Cognitive Computing Market

Among end use segment the IT and Telecom is anticipated to witness huge growth in the market. Other major segments in end use include Retail and E-commerce, Manufacturing, Healthcare, Transportation and Logistics, Public Sector. The manufacturing segment is expected to hold a larger share in the market. On the basis of type the market is segmented into LAN as a Service, WAN as a Service. The LAN as Service segment is expected to hold the largest market share owing to the increased commercial demand for network services.

    Rising Advancements in IT infrastructure to Benefit North America Market

North America is anticipated to gain the highest revenue shares in the forecast period. The high penetration of cloud computing, advanced IT infrastructure, and increased concentration of the network virtualization solution vendors are anticipated to boost the NaaS adoption in the region. The increasing demand for high-performance computing infrastructure has increased the need for virtualized computing environments. Furthermore, the technology companies and the telecom service providers are improvising cloud platforms to reduce labor costs.

Players to Focus on Network as- a- service Market

The global market is expected to stay fragmented with the increase in the number of new entrants in the coming years. Aerohive, Akamai, ALE, IBM, Amazon Web Services, Aryaka, AT&T, Brocade, Ciena, Cisco,  Citrix, Cloudgenix, Cradlepoint, Level3 Communications, NEC, Juniper, Rackspace, Verizon, VMWare, Talari, Silver Peak, and Extreme Networks. among others could be at the forefront of the competition in the global market.

IBM: In January 2019, IBM had partnered with Juniper Networks to manage Juniper Network’s prevailing infrastructures, which include data centers, help desks, and data and voice networks. Furthermore, IBM would combine its services platform with Watson to manage Juniper Network’s infrastructure.

Oracle: In January 2019, Oracle had announced to expand its cloud business with next-generation data center in Canada. The company’s next-generation cloud infrastructure provides the most flexibility in the public cloud, allowing companies to run traditional and cloud-native workloads on the same platform.

Scope of the Report

By Type

  • LAN as a Service
  • WAN as a Service

By End-User

  • Retail and E-commerce
  • IT and Telecom
  • Manufacturing
  • Healthcare
  • Transportation and Logistics
  • Public Sector

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Network as a Service Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Network as a Service Market -Industry Snapshots

6.1             Overview

6.1.1          Global Network as a Service Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Network as a Service Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Network as a Service Market- By Type

7.2.1          Network as a Service Market- LAN as a Service

7.2.2          Network as a Service Market- WAN as a Service

Chapter 8           Global Network as a Service Market Analysis, by End Use

8.1             Overview

8.2             Key Findings for Network as a Service Market- By End Use

8.2.1          Network as a Service Market- Retail and E-commerce

8.2.2          Network as a Service Market- IT and Telecom

8.2.3          Network as a Service Market- Manufacturing

8.2.4          Network as a Service Market- Healthcare

8.2.5          Network as a Service Market- Transportation and Logistics

8.2.6          Network as a Service Market- Public Sector

Chapter 9           Network as a Service Market Analysis by Region

9.1             Key Findings for Network as a Service Market- By region

9.2             Overview

9.2.1          Global Network as a Service Market Analysis, By Type, 2019 – 2028

9.2.2          Global Network as a Service Market Analysis, By End Use, 2019 – 2028

9.3             Network as a Service Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By End Use

9.4             Network as a Service Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By End Use

9.5             Network as a Service Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By End Use

9.6             Network as a Service Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By End Use

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Aerohive

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Akamai

11.3           ALE

11.4           IBM

11.5           Amazon Web Services

11.6           Aryaka

11.7           AT&T

11.8           Brocade

11.9           Ciena

11.10        Cisco

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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