Global Network as a Service Market Trends, Size, Forecast - 2019-2025
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.
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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.
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Global Network as a Service Market Segmentation
By Application
Virtual Private Network
Wide Area Network
Cloud Based Services
Bandwidth on Demand
Integrated Network Security as a Service
By VERTICAL
Banking, Financial Services, and Insurance (BFSI)
IT & Telecom
Healthcare
Government & Public sector
Transportation & Logistics
Retail and E-commerce
Other (Media and Entertainment and Education)
Regional Analysis
North America
US
Canada
Network as a Service Market Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Akamai Technologies, Inc.
Akiri, Inc.
ALE International
Amazon Web Services, Inc.
Aryaka Networks, Inc.
AT&T Inc.
Broadcom, Inc.
CenturyLink, Inc.
Ciena Corp.
Cisco Systems, Inc.
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