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Network-as-a-service Market By Type, By Application, By Enterprise Size, By Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 242 Pages
  • November 2022
  • Region: Global
  • Allied Market Research
  • ID: 5725150
Network-as-a-service is defined as network infrastructure hardware, software, services, management, and licensing components consumed in a subscription-based or flexible consumption model. Network-as-a-service allows organizations to outsource the provisioning, deployment, network management, maintenance, and lifecycle management of network infrastructure. It is a flexible way to consume enterprise network infrastructure that enables organizations to keep pace with innovation, meet rapidly changing business needs, and optimize network performance and user experiences through a cloud-like subscription model.

Organizations have traditionally consumed enterprise network infrastructure through a one-time capital expenditure of hardware, software, licenses, and services that may or may not be packaged together. Network-as-a-service also provides access to new technology, including infrastructure such as Wi-Fi 6 and 100 Gigabit Ethernet, with access to equipment refresh and upcycle opportunities to that ensure the network has the latest gear to operate at peak performance and can scale up or down to meet fluctuating demand. Moreover, companies can be more cost-conscious with on-demand purchasing, paying just for the required networking services. Network-as-a-Service (NaaS) can also assist businesses that desire more flexibility in provisioning without rebuilding networks or renegotiating contracts from scratch. The enterprise proclivity toward digitalization is driving even more need for robust network services. Many businesses are trying to improve their network capabilities, which is where network-as-a-service is boosting in the market.

The network-as-a-service market is segmented on the basis of type, application, enterprise size, industry vertical, and region. By type, it is segmented into WAN-as-a-service and LAN-as-a-service. By application, it is segmented into WAN optimization, bandwidth on demand, cloud and SaaS connectivity, network access control, virtual private network, secure web gateway, UCaaS/video conferencing, and others. By enterprise size, the market is categorized into large enterprise and SMEs. By industry vertical, the market is categorized into IT and telecom, BFSI, healthcare, manufacturing, retail and e commerce, government and public sector, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

The key players operating in the market include China Mobile, Cloudflare, Inc, GTT Communications Inc., KDDI Corporation, NTT communications, Tata Communications Ltd, Telefonica, Verizon Communications Inc., Vodafone Group plc, and Wipro Limited. Furthermore, it highlights the strategies of the key players to improve the market share and sustain competition.

KEY BENEFITS FOR STAKEHOLDERS

  • The study provides an in-depth analysis of the global network-as-a-service market forecast along with the current & future trends to explain the imminent investment pockets.
  • Information about key drivers, restraints, & opportunities and their impact analysis on global network-as-a-service market trends is provided in the report.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
  • The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.

Key Market Segments

By Type

  • WAN-as-a-service
  • LAN-as-a-service

By Industry Vertical

  • BFSI
  • Healthcare
  • Manufacturing
  • Retail and E commerce
  • Government and Public Sector
  • Others
  • IT and Telecom

By Application

  • WAN Optimization
  • Bandwidth on Demand
  • Cloud and SaaS Connectivity
  • Network Access Control
  • Virtual Private Network
  • Secure Web Gateway
  • UCaaS/Video Conferencing
  • Others

By Enterprise Size

  • Large Enterprise
  • SMEs

By Region

  • North America
  • U. S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • NNT Communications
  • Verizon Communications Inc.
  • Telefonica
  • Vodafone Group plc
  • Tata Communications Ltd
  • Cloudflare, Inc.
  • Wipro Limited
  • China Mobile
  • KDDI CORPORATION
  • GTT Communications Inc

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: NETWORK-AS-A-SERVICE MARKET, BY TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 WAN-as-a-service
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 LAN-as-a-service
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country

CHAPTER 5: NETWORK-AS-A-SERVICE MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 WAN Optimization
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Bandwidth on Demand
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Cloud and SaaS Connectivity
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Network Access Control
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
5.6 Virtual Private Network
5.6.1 Key market trends, growth factors and opportunities
5.6.2 Market size and forecast, by region
5.6.3 Market share analysis by country
5.7 Secure Web Gateway
5.7.1 Key market trends, growth factors and opportunities
5.7.2 Market size and forecast, by region
5.7.3 Market share analysis by country
5.8 UCaaS/Video Conferencing
5.8.1 Key market trends, growth factors and opportunities
5.8.2 Market size and forecast, by region
5.8.3 Market share analysis by country
5.9 Others
5.9.1 Key market trends, growth factors and opportunities
5.9.2 Market size and forecast, by region
5.9.3 Market share analysis by country

CHAPTER 6: NETWORK-AS-A-SERVICE MARKET, BY ENTERPRISE SIZE
6.1 Overview
6.1.1 Market size and forecast
6.2 Large Enterprise
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 SMEs
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country

CHAPTER 7: NETWORK-AS-A-SERVICE MARKET, BY INDUSTRY VERTICAL
7.1 Overview
7.1.1 Market size and forecast
7.2 IT and Telecom
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 BFSI
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Healthcare
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
7.5 Manufacturing
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market share analysis by country
7.6 Retail and E commerce
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market share analysis by country
7.7 Government and Public Sector
7.7.1 Key market trends, growth factors and opportunities
7.7.2 Market size and forecast, by region
7.7.3 Market share analysis by country
7.8 Others
7.8.1 Key market trends, growth factors and opportunities
7.8.2 Market size and forecast, by region
7.8.3 Market share analysis by country

CHAPTER 8: NETWORK-AS-A-SERVICE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Type
8.2.3 North America Market size and forecast, by Application
8.2.4 North America Market size and forecast, by Enterprise Size
8.2.5 North America Market size and forecast, by Industry Vertical
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Type
8.2.6.1.3 Market size and forecast, by Application
8.2.6.1.4 Market size and forecast, by Enterprise Size
8.2.6.1.5 Market size and forecast, by Industry Vertical
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Type
8.2.6.2.3 Market size and forecast, by Application
8.2.6.2.4 Market size and forecast, by Enterprise Size
8.2.6.2.5 Market size and forecast, by Industry Vertical
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Type
8.3.3 Europe Market size and forecast, by Application
8.3.4 Europe Market size and forecast, by Enterprise Size
8.3.5 Europe Market size and forecast, by Industry Vertical
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Type
8.3.6.1.3 Market size and forecast, by Application
8.3.6.1.4 Market size and forecast, by Enterprise Size
8.3.6.1.5 Market size and forecast, by Industry Vertical
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Type
8.3.6.2.3 Market size and forecast, by Application
8.3.6.2.4 Market size and forecast, by Enterprise Size
8.3.6.2.5 Market size and forecast, by Industry Vertical
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Type
8.3.6.3.3 Market size and forecast, by Application
8.3.6.3.4 Market size and forecast, by Enterprise Size
8.3.6.3.5 Market size and forecast, by Industry Vertical
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Type
8.3.6.4.3 Market size and forecast, by Application
8.3.6.4.4 Market size and forecast, by Enterprise Size
8.3.6.4.5 Market size and forecast, by Industry Vertical
8.3.6.5 Spain
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Type
8.3.6.5.3 Market size and forecast, by Application
8.3.6.5.4 Market size and forecast, by Enterprise Size
8.3.6.5.5 Market size and forecast, by Industry Vertical
8.3.6.6 Netherlands
8.3.6.6.1 Key market trends, growth factors and opportunities
8.3.6.6.2 Market size and forecast, by Type
8.3.6.6.3 Market size and forecast, by Application
8.3.6.6.4 Market size and forecast, by Enterprise Size
8.3.6.6.5 Market size and forecast, by Industry Vertical
8.3.6.7 Rest of Europe
8.3.6.7.1 Key market trends, growth factors and opportunities
8.3.6.7.2 Market size and forecast, by Type
8.3.6.7.3 Market size and forecast, by Application
8.3.6.7.4 Market size and forecast, by Enterprise Size
8.3.6.7.5 Market size and forecast, by Industry Vertical
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Type
8.4.3 Asia-Pacific Market size and forecast, by Application
8.4.4 Asia-Pacific Market size and forecast, by Enterprise Size
8.4.5 Asia-Pacific Market size and forecast, by Industry Vertical
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Type
8.4.6.1.3 Market size and forecast, by Application
8.4.6.1.4 Market size and forecast, by Enterprise Size
8.4.6.1.5 Market size and forecast, by Industry Vertical
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Type
8.4.6.2.3 Market size and forecast, by Application
8.4.6.2.4 Market size and forecast, by Enterprise Size
8.4.6.2.5 Market size and forecast, by Industry Vertical
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Type
8.4.6.3.3 Market size and forecast, by Application
8.4.6.3.4 Market size and forecast, by Enterprise Size
8.4.6.3.5 Market size and forecast, by Industry Vertical
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Type
8.4.6.4.3 Market size and forecast, by Application
8.4.6.4.4 Market size and forecast, by Enterprise Size
8.4.6.4.5 Market size and forecast, by Industry Vertical
8.4.6.5 Australia
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Type
8.4.6.5.3 Market size and forecast, by Application
8.4.6.5.4 Market size and forecast, by Enterprise Size
8.4.6.5.5 Market size and forecast, by Industry Vertical
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Key market trends, growth factors and opportunities
8.4.6.6.2 Market size and forecast, by Type
8.4.6.6.3 Market size and forecast, by Application
8.4.6.6.4 Market size and forecast, by Enterprise Size
8.4.6.6.5 Market size and forecast, by Industry Vertical
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Type
8.5.3 LAMEA Market size and forecast, by Application
8.5.4 LAMEA Market size and forecast, by Enterprise Size
8.5.5 LAMEA Market size and forecast, by Industry Vertical
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Type
8.5.6.1.3 Market size and forecast, by Application
8.5.6.1.4 Market size and forecast, by Enterprise Size
8.5.6.1.5 Market size and forecast, by Industry Vertical
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Type
8.5.6.2.3 Market size and forecast, by Application
8.5.6.2.4 Market size and forecast, by Enterprise Size
8.5.6.2.5 Market size and forecast, by Industry Vertical
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Type
8.5.6.3.3 Market size and forecast, by Application
8.5.6.3.4 Market size and forecast, by Enterprise Size
8.5.6.3.5 Market size and forecast, by Industry Vertical

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 Verizon Communications Inc.
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Telefonica
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 ntt communications
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Vodafone Group plc
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Tata Communications Ltd
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Cloudflare, Inc.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Wipro Limited
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 china mobile
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 KDDI CORPORATION
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 GTT Communications Inc
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments

Executive Summary

Network-as-a-service, is a cloud service model that allows users to operate networking services from cloud providers instead of building up their network. Network-as-a service eliminates the need for owning or building its networking infrastructure in order to achieve the outcomes. Network-as-a-service carries software-defined networking (SDN), transport, programmable networking, and API-based operation to WAN services, multi-cloud, hybrid cloud, Private Network Interconnect, and Internet Exchanges. Furthermore, growth in demand for low-cost IT infrastructure and faster data accessibility, increasing number of small & medium businesses, and rapid growth of cloud technology are the key factors that drive of the growth of the global network-as-a-service market. Additionally, growth in cloud adoption among SMEs boost the adoption of network-as-a-service market. However, security concerns over private cloud deployment are expected to hinder the growth of the market.

Depending on the enterprise size, the large enterprise segment dominated the network-as-a-service market share in 2021 and is expected to continue this trend during the forecast period, owing to increase in the embracing the IT infrastructure due to rise in complexity in the business operations and need of more visibility, manageability and flexibility, that leads to high competition across industries. However, the SMEs segment is expected to witness the highest growth in the upcoming years, owing to the increase in investments by the market players to develop network-as-a-service for SMEs.

Region-wise, the network-as-a-service market was dominated by North America in 2021 and is expected to retain its position during the forecast period, owing to the widespread deployment of management systems to monitor attacks on mission-critical communication networks aiding the growth of the network-as-a-service market. However, Asia Pacific is expected to witness significant growth during the forecast period, owing to surge in networks generates the demand for network services, enabling telecom operators to track and control the networks. Moreover, rapid technological advancements, digitization of economies, and government initiatives increased expandable income among the region's middle-income population are the key factor that propel the growth of Asia-Pacific region.

According to Shadaab Khan, Senior Research Analyst, 'The WAN optimization segment is expected to experience significant growth in the coming years, as it aids in enhancing reaction instances for commercial enterprise programs over WAN hyperlinks and cellular connections thus, many new age enterprises are adopting network services for wan optimization.'
The COVID-19 outbreak has high impact on the growth of network-as-a-service market, as increasing number of smartphone users, growing adoption of connected devices, and surging e-commerce sector provide lucrative opportunities for the growth of the network-as-a-service market. COVID has caused crises in social, economic, and energy areas and medical life worldwide throughout 2020. This crisis had many direct and indirect effects on all areas of society. In the meantime, the digital and artificial intelligence industry can be used as a professional assistant to manage and control the outbreak of the virus. In post-pandemic circumstances, enterprises strived to minimize operational and running costs around all the business functions to recover the losses incurred in COVID times.

The gradual shift from conventional business practices to online platforms resulted in establishing enterprise network services and solutions for efficient centralized management. Therefore, the IT sector played a pivotal role in supporting digital infrastructure. The global demand for NaaS has surged due to work from home during the pandemic. The augmented demand has contributed considerably to the development of cloud networking services leading to increased NaaS market growth during the pandemic. Moreover, licensing and software management components of enterprise networking drive the market growth via subscription.

KEY FINDINGS OF THE STUDY

By type, the WAN-as-a-service segment accounted for the largest network-as-a-service market share in 2021.

On the basis of enterprise size, the large enterprise segment generated the highest revenue in 2021.

By application, the WAN optimization segment accounts for the largest network-as-a-service market share in 2021.

On the basis of industry vertical, the IT and telecom segment generated the highest revenue in 2021.

Region-wise, North America generated the highest revenue in 2021.

The global network-as-a-service market is dominated by key players such as China Mobile, Cloudflare, Inc, GTT Communications Inc., KDDI Corporation, NTT communications, Tata Communications Ltd, Telefonica, Verizon Communications Inc., Vodafone Group plc, and Wipro Limited. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Companies Mentioned

  • Nnt Communications
  • Verizon Communications Inc.
  • Telefonica
  • Vodafone Group PLC
  • Tata Communications Ltd.
  • Cloudflare, Inc.
  • Wipro Limited
  • China Mobile
  • Kddi Corporation
  • Gtt Communications Inc

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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