Network as a Service Market

Global Network as a Service Market Size, Share & Trends Analysis Report by Application (Virtual Private Network, Wide Area Network, Cloud-Based Service, Bandwidth on Demand, and Integrated Network Security as a Service), by Verticals (BFSI, Retail & E-Commerce, IT & Telecom, Healthcare, Government & Public Sector, Transportation & Logistics, and Other), Forecast 2019-2025
    Update Available - Forecast 2024-2030   

Published: Jul 2023 | Report Code: OMR2021442 | Category : Electronics Parts and Components | Delivery Format: /

The Network as a Service market is expected to grow at a CAGR of more than 16% during the forecast period. Network as a Service is a model for virtual network services on the internet. The market growth is driven by the emergence of cloud computing, software design networking, improving demand for global connectivity, network visualization. In addition, growing demand for pay per use business models and growing awareness regarding the economic benefit of network as a service owing to decrease operational and capital expenditure are anticipated to drive the growth of the network as a service market during the forecast period. Furthermore, the network as a service industry is growing inclination towards cloud technologies, however, high installation costs and poor infrastructure development are the factors that are hampering the growth of the market over the forecast period.

The network service providers offer necessary network hardware for the end-users on the basis of subscription that is cost-effective and offers complete network solutions. Higher flexibility of the network over consumption, effective network bandwidth, and impact on resource-centric processes that include network monitoring, troubleshooting, and provision & service-centric process are the Characteristics of the network as a service.  

The network as a service market is expected to have significant market growth owing to the growing usage of bandwidth-on-demand, network function virtualization technologies and software-defined network. Moreover, lower costs along with pooled large area networks are anticipated to offer a growth opportunity for the network as a service industry during the forecast period. Network as a service offered to the sale of network services from third parties to customers with no networking infrastructure for a contracted period of time. 

Segmental Outlook

The global network as a service market is segmented on the basis of applications and verticals. Based on the application, the market is segmented into the virtual private networks, wide area network, cloud-based service, bandwidth on demand, and integrated network security as a service. The bandwidth on the demand segment is anticipated to drive the significant growth rate during the forecast period owing to the adoption of business-oriented applications in a different sector that includes healthcare, government, retail, and manufacturing. Suchapplications demanda higher level of connectivity and bandwidth to support the need for business. This offers the adoption of the NaaS model that supports the bandwidth on the demand services and offer enterprises to overcome the bandwidth issues and aids bandwidth applications to meet their needs.

IT & telecom have a considerable market share 

Based on vertical, the market is segmented into BFSI, retail & eCommerce, IT & telecom, healthcare, government & public sector, transportation & logistics and other. The IT & telecom is expected to hold considerable industry share in the network as a service market during the forecast period owing to penetration of cloud and networking technologies that allow customers with on-demand network services and decrease expenditure on IT devise procurement and maintenance that boost the growth of the market. The telecom companies are transferring their enterprise networks through using virtualization technologies owing to compelling economic benefits.

Global Network as a Service Market Share by Application, 2018 (%)

Regional Outlook

The global network as a service market is further segmented based on geography including North America, Europe, Asia-Pacific and Rest of the World (RoW).North America is expected to hold the largest market share in the network as a service industry during the forecast period owing to penetration of cloud computing, a large concentration of the network virtualization solution, and improved IT infrastructure is anticipated to boost the adoption of NaaS in the region. The increasing demand for high-performance computing infrastructure has grown the need for virtualized computing environments.

Global Network as a Service Market Growth, by Region 2019-2025

Asia-Pacific will augment with the fastest rate in the network as a service market

Asia-Pacific is expected to hold the fastest growth rate in the network as a service market during the forecast period attributed to the rising deployment of cloud and network virtualization solutions to meet the increasing demand for network traffic. Moreover, the telecom services have projected usage of the NaaS model owing to the increasing trend of workforce mobility. The emerging countries such as China, South Korea, and Japan are leading the countries in terms of market share owing to the deployment of NaaS platforms that are growing by technologies such as NFV and SDN.

Market Players Outlook

The key players of the network as a service market include Amazon Web Services, Inc., AT&T, Inc., IBM Corp., VMware Inc., Verizon Communication, Inc.Ciena Corp.,NEC Corp., Akiri Inc., and Cisco Systems Inc.

The Report Covers

  • Market value data analysis of 2018 and forecast to 2025.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global pharmaceutical drug delivery system market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Geography

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

2.3. Rules & Regulations

3. Competitive Landscape

3.1. Company Share Analysis 

3.2. Key Strategy Analysis

3.3. Key Company Analysis

3.3.1. Amazon Web Services, Inc.

3.3.1.1. Overview

3.3.1.2. Financial Analysis

3.3.1.3. SWOT Analysis

3.3.1.4. Recent Developments

3.3.2. Cisco Systems, Inc.

3.3.2.1. Overview

3.3.2.2. Financial Analysis

3.3.2.3. SWOT Analysis

3.3.2.4. Recent Developments

3.3.3. VMware Inc.

3.3.3.1. Overview

3.3.3.2. Financial Analysis

3.3.3.3. SWOT Analysis

3.3.3.4. Recent Developments

3.3.4. Verizon Communication, Inc.

3.3.4.1. Overview

3.3.4.2. Financial Analysis

3.3.4.3. SWOT Analysis

3.3.4.4. Recent Developments

3.3.5. IBM Corp.

3.3.5.1. Overview

3.3.5.2. Financial Analysis

3.3.5.3. SWOT Analysis

3.3.5.4. Recent Developments

4. Market Determinants 

4.1 Motivators

4.2 Restraints

4.1. Opportunities 

5. Market Segmentation

5.1. Global Network as a Service Market by Application

5.1.1. Virtual Private Network

5.1.2. Wide Area Network

5.1.3. Cloud Based Services

5.1.4. Bandwidth on Demand

5.1.5. Integrated Network Security as a Service

5.2. Global Network as a Service Market by VERTICAL

5.2.1. Banking, Financial Services, and Insurance (BFSI)

5.2.2. IT & Telecom

5.2.3. Healthcare

5.2.4. Government & Public sector

5.2.5. Transportation & Logistics 

5.2.6. Retail and E-commerce

5.2.7. Other (Media and Entertainment and Education)

6. Regional Analysis

6.1. North America

6.1.1. US

6.1.2. Canada

6.2. Network as a Service Market Europe

6.2.1. UK

6.2.2. Germany

6.2.3. Italy

6.2.4. Spain

6.2.5. France

6.2.6. Rest of Europe

6.3. Asia-Pacific

6.3.1. China

6.3.2. India

6.3.3. Japan

6.3.4. Rest of Asia-Pacific

6.4. Rest of the World

7. Company Profiles

7.1. Akamai Technologies, Inc. 

7.2. Akiri, Inc.

7.3. ALE International 

7.4. Amazon Web Services, Inc.

7.5. Aryaka Networks, Inc.

7.6. AT&T Inc.

7.7. Broadcom, Inc.

7.8. CenturyLink, Inc. 

7.9. Ciena Corp.

7.10. Cisco Systems, Inc.

7.11. Citrix Systems, Inc.

7.12. DXC Technology Co.

7.13. Extreme Networks, Inc.

7.14. Hewlett Packard Enterprise Development LP

7.15. Huawei Technologies Co. Ltd.

7.16. IBM Corp.

7.17. Juniper Networks, Inc.

7.18. Masergy Communications, Inc. 

7.19. NEC Corp.

7.20. Oracle Corp. 

7.21. Rackspace US, Inc. 

7.22. Silver Peak Systems, Inc. 

7.23. Telstra Corp. Ltd. 

7.24. Verizon Communication, Inc. 

7.25. VMware, Inc.


1. GLOBAL NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

2. GLOBAL VIRTUAL PRIVATE NETWORK  MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

3. GLOBAL WIDE-AREA NETWORK MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

4. GLOBAL CLOUD-BASED SERVICES MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2018-2025 ($ MILLION)

5. GLOBAL BANDWIDTH ON DEMAND MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2018-2025 ($ MILLION)

6. GLOBAL INTEGRATED NETWORK SECURITY AS A SERVICE MARKET RESEARCH AND ANALYSIS BY PROCEDURE, 2018-2025 ($ MILLION)

7. GLOBAL NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)

8. GLOBAL BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

9. GLOBAL RETAIL AND ECOMMERCE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

10. GLOBAL TELECOM & IT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

11. GLOBAL HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

12. GLOBAL TRANSPORTATION AND LOGISTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

13. GLOBAL GOVERNMENT AND PUBLIC SECTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

14. GLOBAL OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)

15. NORTH AMERICA NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

16. NORTH AMERICAN NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)

17. NORTH AMERICAN NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

18. EUROPEANNETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

19. EUROPEANNETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)

20. EUROPEANNETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

21. ASIA-PACIFIC NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)

22. ASIA-PACIFIC NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)

23. ASIA-PACIFIC NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)

24. REST OF THE WORLD NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY VERTICAL, 2018-2025 ($ MILLION)

25. REST OF THE WORLD NETWORK AS A SERVICE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)


1. GLOBAL NETWORK AS A SERVICE MARKET SHARE BY VERTICAL, 2018 VS 2025 (%)

2. GLOBAL NETWORK AS A SERVICE MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)

3. GLOBAL NETWORK AS A SERVICE MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)

4. THE US NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

5. CANADA NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

6. UK NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

7. FRANCE NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

8. GERMANY NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

9. ITALY NETWORK AS A SERVICE  MARKET SIZE, 2018-2025 ($ MILLION)

10. SPAIN NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

11. ROE NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

12. INDIA NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

13. CHINA NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

14. JAPAN NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

15. REST OF ASIA-PACIFIC NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)

16. REST OF THE WORLD NETWORK AS A SERVICE MARKET SIZE, 2018-2025 ($ MILLION)