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Network as a Service Market by Type, Application (Sales & Marketing Management, Customer Experience Management, Competitive Intelligence, & Risk Management), Organization Size, Industry Vertical, Deployment Model, & Region - Global Forecast to 2023

  • ID: 4758424
  • Report
  • Region: Global
  • 137 Pages
  • Markets and Markets
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The Global Network as a Service (NaaS) Market Size to Grow from USD 4.3 Billion in 2018 to USD 21.7 Billion By 2023, at a CAGR of 38.3%

FEATURED COMPANIES

  • AT&T
  • Cisco
  • GTT Communications
  • IBM
  • Masergy
  • NEC
  • MORE

Accelerated adoption of cloud services among enterprises to drive the global NaaS market

The author expects the global Network as a Service (NaaS) market size to grow from USD 4.3 billion in 2018 to USD 21.7 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 38.3% during the forecast period. The key factors driving the NaaS market include accelerated adoption of cloud services among enterprises and an increase in the development of new data center infrastructures.

WiFi type to contribute the largest share during the forecast period

WiFi-as-a-Service (WaaS) is cloud-based wireless internet connectivity offered through on-demand subscription basis by various service providers. It comprises access points, WLAN controllers, wireless hotspot gateways, and among others. Cloud-based WiFi services are more powerful than maintaining the hardware equipment, hence organizations are increasingly moving toward WaaS as a primary means to connect with the world. WaaS can be availed through two types: high-density Wi-Fi and enterprise-class Wi-Fi.

Infrastructure service to hold the largest market size during the forecast period

The NaaS networking solution providers offer cloud-based infrastructure connectivity that includes various networking solutions, including virtual machine, servers, load balancers, network switches, memory, and storage. These services are offered by third parties to customers who do not want to invest in building their own networking infrastructure. Zero upfront costs, scalability, flexibility, and security are some of the benefits offered by this service. Infrastructure services are standardized, highly automated offering, where compute resources, storage, and networking capabilities are owned and managed by a service provider and offered to the users based on the pay-as-you-go model.

Asia Pacific (APAC) to record the highest growth rate during the forecast period

Growing cloud adoption and vendor expansion are expected to drive the APAC NaaS market during the forecast period. The high rate of internet usage and increased adoption of smartphones in APAC facilitate companies to adopt advanced solutions and forge strong connections with a wide range of target audiences. In addition, APAC is witnessing an increasing demand for cloud-driven based network connectivity solutions, resulting in increasing investments and technological advancements across the retail and eCommerce industry vertical.

In-depth interviews were conducted with the Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the NaaS market.

  • By Company – Tier 1 – 22%, Tier 2 – 30%, and Tier 3 – 48%
  • By Designation – C-Level – 25%, Director Level – 30%, and Others – 45%
  • By Region – North America – 12%, Europe – 42%, APAC – 26%, and RoW – 20%

Major vendors in the global NaaS market include IBM (US), Oracle (US), Cisco (US), Verizon (US), AT&T (US), VMware (US) DXC (US), HPE (US), SYNNEX (US), Juniper Networks (US), NEC Corporation (Japan), Ciena Corporation (US), Aryaka Networks (US), Arista (US), Extreme Networks (US), Meta Networks (Israel), GTT (US), Masergy (US), Telstra (Australia), Silver Peak Systems (US), Global Cloud Xchange (India), NETSCOUT (US) and CenturyLink (US). The study includes in-depth competitive analysis of these key players in the NaaS market with their company profiles, recent developments, and key market strategies.

Research Coverage
The NaaS market revenue is primarily classified into revenues from solutions, tools, and platforms. The revenue is associated with software and platform offerings associated with support and maintenance, training and education in addition to the consulting services. Other segmentations comprises type, component, application, industry vertical, and region.

Key Benefits
The report would help the market leaders/new entrants in the market with the information on the closest approximations of the revenue numbers for the NaaS market and the subsegments. The report would help stakeholders understand the competitive landscape and gain insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AT&T
  • Cisco
  • GTT Communications
  • IBM
  • Masergy
  • NEC
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.4 Microquadrant Research Methodology
2.5 Vendor Inclusion Criteria
2.6 Market Forecast
2.7 Assumptions for the Study
2.8 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Network as a Service Market
4.2 Market Share, By Region
4.3 Market By Type
4.4 Market in Europe: Top 3 Applications and Countries

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Accelerated Adoption of Cloud Services Among Large and Small Enterprises
5.2.1.2 Increase in Development of New Data Center Infrastructures
5.2.1.3 Rise in SDN Integration With Existing Network Infrastructures
5.2.2 Restraints
5.2.2.1 Lack of Standardization in the Network as a Service Market Technology
5.2.3 Opportunities
5.2.3.1 Demand for SDN- and NFV-Based Solutions to Replace Traditional Approaches and Propel Market Growth
5.2.4 Challenges
5.2.4.1 Limited Bandwidth Providers and Lack of Access to High-Speed Internet
5.2.4.2 Data Security and Privacy Concerns
5.3 Industry Trends
5.3.1 Network as a Service Market: Regulations
5.3.1.1 Virtual Ethernet Port Aggregator (VEPA)
5.3.1.2 Virtual Extensible Local Area Network (VXLAN)
5.3.1.3 Transparent Interconnection of Lots of Links (Trill)
5.3.1.4 Shortest Path Bridging (SPB)
5.3.1.5 Fiber Channel Over Ethernet (FCOE)
5.3.1.6 Network Virtualization Using Generic Routing Encapsulation (NVGRE)
5.3.1.7 Data Center Bridging (DCB)
5.3.1.8 Priority Flow Control (PFC) 802.1qbb
5.3.1.9 Bandwidth Management (802. 1qa Z)
5.3.1.10 Data Center Bridging Exchange (DCBX)
5.3.2 Network as a Service Market: Use Cases
5.3.2.1 Juniper Networks: Providing Greater Networking Agility
5.3.2.2 Aryaka: Gaining Faster Application Performance
5.4 Value Chain Analysis

6 Network as a Service Market, By Type
6.1 Introduction
6.2 LAN as A Service
6.2.1 WiFi as A Service
6.2.1.1 Digitalization of Businesses has Revolutionized WiFi as A Service
6.3 WAN as A Service
6.3.1 Intervention of SD-WAN to Increase the Adoption of WANaaS

7 Network as a Service Market, By Component
7.1 Introduction
7.2 Infrastructure Services
7.2.1 Increasing Digitalization to Boost the Growth of Infrastructure Services
7.3 Technology Services
7.3.1 Advanced Technologies, Including SDN and NFV, to Enhance the Growth of Network as a Service Market

8 Network as a Service Market, By Application
8.1 Introduction
8.2 Virtual Private Network
8.2.1 Need for Providing Private and Secure Access Over the Internet to Drive the Growth of Vpn
8.3 Wide Area Network
8.3.1 Intervention of SD-WAN to Revolutionize the WAN Ecosystem
8.4 Cloud-Based Services
8.4.1 Increasing Competition Among Cloud Service Providers to Enhance the Growth of Network as a Service Market
8.5 Bandwidth on Demand
8.5.1 On-Demand Services to Offer Flexible Bandwidth, Connectivity Times, and Location
8.6 Integrated Network Security as A Service
8.6.1 Easy Deployment of Integrated Network as A Service Minimizes Time to Market

9 Network as a Service Market, By Industry Vertical
9.1 Introduction
9.2 Banking, Financial Services, and Insurance
9.2.1 Increasing Need for Real-Time Customer Service and Growth of Fintech to Drive Market Growth in the Vertical
9.3 Manufacturing and Automotive
9.3.1 Manufacturing Companies Adopting Network as A Service Tools to Understand and Identify Early Warning Signals
9.4 Retail and E-commerce
9.4.1 Increasing Adoption of Latest Technologies By Retail and E-commerce
9.5 Telecom and IT
9.5.1 Focus on Gaining Insights From Voluminous Content to Drive the Adoption of Network as A Service in the Vertical
9.6 Media and Entertainment
9.6.1 Increasing Need for Managing Data to Drive the Adoption of Market
9.7 Healthcare
9.7.1 Digital Revolution in Healthcare to Drive the Adoption of Market
9.8 Education
9.8.1 Focus on Saving Costs to Drive the Adoption of Market in the Vertical
9.9 Transportation and Logistics
9.9.1 Complexities Across Logistics and Supply Chain to Create the Need for Network as A Service
9.10 Government and Public Sector
9.10.1 Reengineered Traditional Models to Drive Network as A Service Adoption Among Government Organizations
9.11 Others

10 Network as a Service Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Demand for High-Performance Networks and High Adoption of Reliable Connectivity Solutions to Drive the US Market Market
10.2.2 Canada
10.2.2.1 Rising Adoption of Innovative Delivery Method to Drive the Market in Canada
10.3 Europe
10.3.1 UK and Ireland
10.3.1.1 Increasing Need for Steady Performance in Abnormal Conditions to Drive the Demand for Market in the UK and Ireland
10.3.2 Germany
10.3.2.1 New Government Regulations and Digitalization to Fuel the Market Growth
10.3.3 France
10.3.3.1 Supportive Government Initiatives and Increased Spending to Boost the Market Growth in France
10.3.4 Russia
10.3.4.1 Fast Adoption of Advanced Technologies to Drive the Market Growth
10.3.5 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 Broad Internet User Base and Widespread Adoption of WiFi Technology to Fuel the Market Growth
10.4.2 Japan
10.4.2.1 Expansion in 5G and Focus on Cloud to Support the Adoption of Network as A Service in Japan
10.4.3 South Korea
10.4.3.1 Strategic Collaborations and Developed Infrastructure to Drive the Market Growth in South Korea
10.4.4 India
10.4.4.1 Rising Adoption By Retail and E-commerce and Telecom Verticals to Drive the Market Growth in India
10.4.5 Rest of Asia Pacific
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Supportive Government Initiatives to Boost Higher Adoption in UAE, Qatar, and Saudi Arabia
10.5.2 Africa
10.5.2.1 Business Transformations and Supportive Policies to Gain Market Traction
10.6 Latin America
10.6.1 Brazil
10.6.1.1 Increasing Adoption of Wireless Internet Connectivity By Enterprises to Drive the Market in Brazil
10.6.2 Mexico
10.6.2.1 Wireless Internet Connectivity Initiatives to Fuel the Market Growth in Mexico
10.6.3 Rest of Latin America

11 Competitive Landscape
11.1 Microquadrant Overview
11.1.1 Visionaries
11.1.2 Innovators
11.1.3 Dynamic Differentiators
11.1.4 Emerging Companies
11.1.5 Strength of Product Portfolio Adopted By Major Players in the Market
11.1.6 Business Strategy Excellence Adopted By Major Players in the Market

12 Company Profiles
(Business Overview, Solutions Offered, Recent Developments, SWOT Analysis, and MNM View)*
12.1 AT&T
12.2 Verizon
12.3 Cisco
12.4 Synnex Corporation
12.5 DXC Technology
12.6 IBM
12.7 NEC
12.8 HPE
12.9 Meta Networks
12.10 Masergy
12.11 Juniper Networks
12.12 VMware
12.13 Telstra
12.14 Centurylink
12.15 Oracle
12.16 GTT Communications
*Details on Business Overview, Solutions Offered, Recent Developments, SWOT Analysis, and MNM View might not be captured in case of unlisted companies.

13 Appendix
13.1 Key Insight of Industry Expert
13.2 Discussion Guide
13.3 Knowledge Store: Subscription Portal
13.4 Available Customization
13.5 Related Reports
13.6 Author Details

List of Tables (54 Tables)
Table 1 United States Dollar Exchange Rate, 2015–2017
Table 2 Evaluation Criteria
Table 3 Factor Analysis
Table 4 Network as a Service Market Size and Growth Rate, 2017–2023 (USD Million)
Table 5 Market Size By Type, 2017–2023 (USD Million)
Table 6 LAN as A Service: Market Size By Region, 2017–2023 (USD Million)
Table 7 WiFi as A Service Market Size By Region, 2017–2023 (USD Million)
Table 8 WAN as A Service: Market Size By Region, 2017–2023 (USD Million)
Table 9 Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 10 Infrastructure Services: Market Size By Region, 2017–2023 (USD Million)
Table 11 Technology Services: Market Size By Region, 2017–2023 (USD Million)
Table 12 Network as a Service Market Size, By Application, 2017–2023 (USD Million)
Table 13 Virtual Private Network: Market Size By Region, 2017–2023 (USD Million)
Table 14 Wide Area Network: Market Size By Region, 2017–2023 (USD Million)
Table 15 Cloud-Based Services: Market Size By Region, 2017–2023 (USD Million)
Table 16 Bandwidth on Demand: Market Size By Region, 2017–2023 (USD Million)
Table 17 Integrated Network Security as A Service: Market Size By Region, 2017–2023 (USD Million)
Table 18 Network as a Service Market Size, By Industry Vertical, 2017–2023 (USD Million)
Table 19 Banking, Financial Services, and Insurance: Market Size By Region, 2017–2023 (USD Million)
Table 20 Manufacturing: Market Size By Region, 2017–2023 (USD Million)
Table 21 Retail and Ecommerce: Market Size By Region, 2017–2023 (USD Million)
Table 22 Telecom and IT: Market Size By Region, 2017–2023 (USD Million)
Table 23 Media and Entertainment: Market Size By Region, 2017–2023 (USD Million)
Table 24 Healthcare and Life Sciences: Market Size By Region, 2017–2023 (USD Million)
Table 25 Education: Market Size By Region, 2017–2023 (USD Million)
Table 26 Transportation and Logistics: Market Size By Region, 2017–2023 (USD Million)
Table 27 Government and Public Sector: Market Size By Region, 2017–2023 (USD Million)
Table 28 Others: Market Size By Region, 2017–2023 (USD Million)
Table 29 Market Size By Region, 2017–2023 (USD Million)
Table 30 North America: Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 31 North America: Market Size By Application, 2017–2023 (USD Million)
Table 32 North America: Market Size By Type, 2017–2023 (USD Million)
Table 33 North America: Market Size By Industry Vertical, 2017–2023 (USD Million)
Table 34 North America: Market Size By Country, 2017–2023 (USD Million)
Table 35 Europe: Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 36 Europe: Market Size By Application, 2017–2023 (USD Million)
Table 37 Europe: Market Size By Type, 2017–2023 (USD Million)
Table 38 Europe: Market Size By Industry Vertical, 2017–2023 (USD Million)
Table 39 Europe: Market Size By Country, 2017–2023 (USD Million)
Table 40 Asia Pacific: Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 41 Asia Pacific: Market Size By Application, 2017–2023 (USD Million)
Table 42 Asia Pacific: Market Size By Type, 2017–2023 (USD Million)
Table 43 Asia Pacific: Market Size By Industry Vertical, 2017–2023 (USD Million)
Table 44 Asia Pacific: Market Size By Country, 2017–2023 (USD Million)
Table 45 Middle East and Africa: Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 46 Middle East and Africa: Market Size By Application, 2017–2023 (USD Million)
Table 47 Middle East and Africa: Market Size By Type, 2017–2023 (USD Million)
Table 48 Middle East and Africa: Market Size By Industry Vertical, 2017–2023 (USD Million)
Table 49 Middle East and Africa: Market Size By Region, 2016–2023 (USD Million)
Table 50 Latin America: Network as a Service Market Size, By Component, 2017–2023 (USD Million)
Table 51 Latin America: Market Size By Application, 2017–2023 (USD Million)
Table 52 Latin America: Market Size By Type, 2017–2023 (USD Million)
Table 53 Latin America: Market Size By Industry Vertical, 2017–2023 (USD Million)
Table 54 Latin America: Market Size By Country, 2016–2023 (USD Million)

List of Figures (32 Figures)
Figure 1 Network as a Service Market: Research Design
Figure 2 Market: Bottom-Up and Top-Down Approaches
Figure 3 Market Snapshot By Component, 2018 vs 2023
Figure 4 Market Snapshot By Application, 2018 vs 2023
Figure 5 Market Snapshot By Type, 2018 vs 2023
Figure 6 Market Snapshot By Industry Vertical, 2018 vs 2023
Figure 7 Market Snapshot By Region, 2018 vs 2023
Figure 8 Accelerated Adoption of Cloud Services to Drive the Network as a Service Market Growth
Figure 9 North America to Account for the Highest Market Share in 2018
Figure 10 LAN as A Service to Dominate the Market in 2018
Figure 11 WAN and UK and Ireland to Hold the Largest Market Shares in 2018
Figure 12 Drivers, Restraints, Opportunities, and Challenges: Network as a Service Market
Figure 13 Virtual Infrastructure, Advanced Information System and Services From Healthcare Would Drive the Need for LAN as A Service, WiFi as A Service and WAN as A Service From Networking Players
Figure 14 Demanding Remote Monitoring Services From Telcos is Also Expected to Drive the Need for Preemptive Technical Support Services From Networking Players
Figure 15 LAN as A Service Segment to Account for A Larger Market Size During the Forecast Period
Figure 16 Infrastructure Services Segment to Account for A Larger Market Size During the Forecast Period
Figure 17 Wide Area Network Segment to Account for the Largest Market Size During the Forecast Period
Figure 18 Telecom and IT Industry Vertical to Hold the Largest Market Size During the Forecast Period
Figure 19 North America to Lead Network as a Service Market in 2018
Figure 20 North America Market Snapshot: Telecom and IT Vertical to Lead the Market in 2018
Figure 21 Asia Pacific Market Snapshot: SMEs Segment is Leading the Market in 2018
Figure 22 Network as a Service Market, Competitive Leadership Mapping, 2018
Figure 23 AT&T: Company Snapshot
Figure 24 Verizon: Company Snapshot
Figure 25 Cisco: Company Snapshot
Figure 26 Synnex: Company Snapshot
Figure 27 DXC Technology: Company Snapshot
Figure 28 IBM: Company Snapshot
Figure 29 NEC: Company Snapshot
Figure 30 HPE: Company Snapshot
Figure 31 Juniper Networks: Company Snapshot
Figure 32 VMware: Company Snapshot

Note: Product cover images may vary from those shown
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  • AT&T
  • Centurylink
  • Cisco
  • DXC Technology
  • GTT Communications
  • HPE
  • IBM
  • Juniper Networks
  • Masergy
  • Meta Networks
  • NEC
  • Oracle
  • Synnex Corporation
  • Telstra
  • VMware
  • Verizon
Note: Product cover images may vary from those shown
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