Network As a Service Market, New-Age Technology Upgrading Greater Restraints, Opportunities, Opportunities Demographic, Geographic Segment By 2027
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Market Scenario:
The
global Network
as a Service Market had a recorded market size of USD
$35.3 billion as of 2016. But with the rise in demand, the market size is
predicted to increase to USD $126.8 billion by the end of the present forecast
years. The growth rate is recorded at a high CAGR rate of 28.4%.
In
modern-day terminology, Network as a Service is accountable as a model of
virtual networking business, as of the present scenario. This service is
utilized for integrating or merging the modern-day cloud computing services
with that of advanced cloud networking framework. It is the business model that
works upon quickly delivering the network services, but on virtual measures. It
can be adapted in the form of diverse payment options and is also referred to
as the ongoing demand network provider for diverse business types.
The
use of this business model has risen in demand with the spread of potential
awareness upon cloud technology, which offers vast storage of data and concept
introduction to Big Data Analytics. The speedy growth of this market is also
noticed over some IoT implementations that work upon supporting the massive
growth of this industry. Moreover, with this market boost, it is expected that
the modern NFV will get developed within a minimal estimated period of time.
The
report focuses on highlighting the growth potential of the industry. Along with
that, this report also focuses upon the market segmentation, market drivers,
regional analysis, and other such important factors. The report also explains
the potential of key players across the various regions that are working upon
improving the growth of this industry. The market size was higher in the
initiating years of this model, as people just came to know about it at the
start. Now, with the rise in adaptation, the market size is expected to boom in
the present forecast years on a high scale.
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Segmentation:
Based
on the type segmentation, the global Network as a Service Market is segmented
into LAN and WAN type implementation. The people utilizing upon this model can
pick the type that their business would profit from!
Based
on the service segmentation, the global Network as a Service Market is
segmented into offering services such as WAN connection, Data Center, and BOD.
Based
on the component segmentation, the global NaaS Market is segmented into
technology service and infrastructure. It offers services to be implemented
over a complete business infrastructure or as a specific technology service.
Based
on the end-user segmentation, the global NaaS market is segmented into diverse
end-users such as IT & Telecommunication, Healthcare, and BFSI. These are
the sectors that are progressively implementing the use of NaaS solutions.
Regional
Analysis:
The global network as a service market trend are
analysed across APAC, North America, EU, and the rest of the world. The
inclination towards adoption of disruptive technologies and intense research in
telecom industry resulting in rapid development are observed as chief factors
that can prompt the expansion of the network as a service market in the years
to come. The rise in cloud-based services can drive North America network as a
service market across the analysis period. North America can secure the highest
share of the global market, with the US leading the regional market through the
study period. In Europe, the surge in the telecommunication sector and rise in
network facilities can prompt the expansion of the network as a service market
in the years to come. The existence of firm IT infrastructure and rise in the
number of IT projects can drive EU NaaS market through study period. In Asia
Pacific region, the network as a service market can garner considerable revenue
in the years to come. The expansion of APAC NaaS market can be attribute to the
initiative taken by government to promote NaaS across rising economies.
Competitive
Outlook:
Alcatel
Lucent (U.S.), Ciena Corporation (U.S), Brocade Communications Systems Inc.
(U.S.), Juniper Networks (U.S.), Cisco Systems (U.S.), IBM Corp. (U.S.), NEC
Corp. (Japan), Aryaka Networks Inc. (U.S.), VMware (U.S.), and AT&T (U.S.)
among others are some notable marketers in the global network as service market
as listed by MRFR.
Industry News
The
telecom cloud is adapting to the change of modern-day telecommunication
companies. They are upgrading from the landline services to offer advanced
level cloud-computing services. Hence, that will definitely be permitting the
actual employment of the networking resources. This concept of NaaS is helping
companies adapt the benefits of modern-day cloud computing solutions for IT
optimization. Hence, that results in lesser costs, higher elasticity, and a
high level of accuracy.
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Table of Contents:
1 Executive
Summary
2 Scope of the
Report
2.1 Market
Definition
2.2 Scope
of the Study
2.2.1 Research objectives
2.2.2 Assumptions & Limitations
2.3 Markets
Structure
Continued….
LIST OF TABLES
TABLE 1 GLOBAL
NETWORK AS A SERVICE MARKET, BY TYPE
TABLE 2 GLOBAL
NETWORK AS A SERVICE MARKET, BY SERVICE
TABLE 3 GLOBAL
NETWORK AS A SERVICE MARKET, BY COMPONENT
Continued….
LIST OF FIGURES
FIGURE 1 RESEARCH
NETWORK SOLUTION
FIGURE 2 GLOBAL
NETWORK AS A SERVICE MARKET: BY TYPE (%)
FIGURE 3 GLOBAL
NETWORK AS A SERVICE MARKET: BY SERVICE (%)
Continued….
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