Global Network as a Service Market 2018-2022

This market research report presents a comprehensive analysis of the global network as a service market by end-user such as IT and telecom, BFSI, manufacturing, healthcare, and others. The network as a service market research report also provides a comprehensive analysis of the growth opportunities for companies in this industry in regions such as the Americas, APAC, and EMEA.

Global network as a service market overview

The OPEX model is gaining prominence in comparison to traditional networking implementation owing to its highly flexible proposition, inherent operational efficiencies, and cost-effectiveness. This model minimizes the cost of maintenance and ownership of the entire networking infrastructure. In addition, since the entire networking infrastructure risk is transferred from enterprises to network as a service (NaaS) vendors, the need for dedicated IT teams is eliminated.  The global network as a service market analysis identifies that the growing acceptance of OPEX model will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that the network as a service market will grow at a CAGR of more than 42% by 2022.

Factors such as the cost-effectiveness, mass appeal, scalability, reach, and easy maintenance are encouraging vendors to offer an increasing number of services via the cloud services deployment model. NaaS deployment creates an end-to-end networking solution to reduce the software runtime, enhance enterprise cloud security, and boost the process efficiency. The increasing penetration of cloud networking and cloud computing is identified as one of the key trends that will stimulate growth in the network as a service market throughout the predicted period.

Companies covered

According to the network as a service market forecast report, this industry appears to be fragmented owing to the presence of a large number of vendors. This market research report offers information about the competitive environment among players in this marketspace and offers an analysis of key companies and their products. Additionally, our analysts also offer information about key areas the players of the network as a service model market currently focus on and strategies they follow to sustain the competition and improve their market shares and revenues.

This research report provides an analysis of various companies in the market including

• Cisco
• CloudGenix
• IBM
• Juniper Networks
• VMware

Market segmentation by end-user and the network as a service industry analysis

• IT and telecom
• BFSI
• Manufacturing
• Healthcare

The IT and telecom segment contributed the majority of market shares toward the network as a service industry during 2017. The segment is expected to lead the network as a service model market for the next four years.

Market segmentation by geography and the network as a service industry analysis

• Americas
• APAC
• EMEA

The network as a service market is witnessing growth in the Americas due to the increased focus on IT productivity and managed IT services, accelerated technology adoption, and service delivery optimization. The region has a large presence of a matured set of enterprise end-users. This results in an easy distribution of NaaS solution and drives the growth prospects for the network as a service model market in the Americas.

Key questions answered in the report include

• What will the network as a service market size and the growth rate be in 2022?
• What are the key factors driving the global network as a service market?
• What are the key network as a service market trends impacting the growth of the market?
• What are the challenges to market growth?
• Who are the key vendors in the global network as a service market?
• What are the market opportunities and threats faced by the vendors in the global network as a service market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global network as a service market?

Technavio also offers customization on reports based on specific client requirement.