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Title Top Companies in the Network as a Service (NaaS) Industry: Cisco Systems Inc., AT&T Inc
Category Media News --> Breaking News
Meta Keywords Network as a Service (NaaS) Market, Network as a Service (NaaS) Market Size, Network as a Service Market Share, Network as a Service Market Growth, Network as a Service Market Trend Analysis,
Owner MarkNtel
Description

Network as a Service (NaaS) Market Statistics:

  • NaaS market to reach USD 63.9 billion by 2030.
  • CAGR of approximately 25.34% forecasted from 2025 to 2030.
  • North America dominates with over 43% market share.
  • IT & Telecommunications sector leads end-user usage.
  • Increasing cloud adoption driving market growth.

@Get No Cost Report Free Sample PDF Copy - https://www.marknteladvisors.com/query/request-sample/network-as-a-service-market.html 

Research Report Overview:

The global Network as a Service (NaaS) market is expected to witness substantial growth, projected to grow from USD 16.48 billion in 2024 to USD 63.9 billion by 2030. This robust growth trajectory is driven by the increasing digitalization across sectors, the rapid adoption of 5G technologies, and a surge in cloud computing needs. As enterprises seek scalable solutions to enhance their network capabilities, the demand for NaaS is rising, providing a compelling opportunity for service providers and technology companies alike.

Key Players:

  • Cisco Systems Inc.
  • AT&T Inc.
  • Verizon Communications Inc.
  • China Telecom Corporation Limited
  • Deutsche Telekom AG
  • NTT Communications Corporation
  • IBM Corp
  • Vodafone Group plc
  • Orange S.A.
  • Tata Communications Ltd.
  • Others

@View Full Research Report - https://www.marknteladvisors.com/research-library/network-as-a-service-market.html 

Global Network as a Service Market Driver:

Increasing Adoption of Cloud Computing Across Multiple Sectors – A surge in the adoption of cloud services is being observed lately across multiple sectors such as automotive, healthcare, manufacturing, etc. This is due to the integration of AI, ML algorithms, advanced machinery with Industrial Internet of Things (IIoT), increasing digitalization, etc.

Due to the digitalization of various sectors, such as healthcare, etc., and the increasing remote working culture, there is a surge in the demand for cloud services. The increasing telehealth wearables, advanced high-tech medical equipment, laboratory informatics management tools used for monitoring and optimizing the inventory, generation of electronic healthcare records, and others, have increased the usage of cloud services in the healthcare sector. Similarly, digitalization of other industries also requires a well-connected network and cloud services for the operation.

Thus, for the efficient working of sectors like healthcare, cloud connectivity is necessary. The service providers, such as Aruba NaaS, Cisco Meraki, etc., are offering cloud services in the network, hence driving the demand for Network as a Service, worldwide.

Network as a Service (NaaS) Market Challenge and Opportunity Ahead:

While the NaaS market presents significant growth opportunities, it also faces challenges such as data privacy concerns and the rising incidence of cyberattacks. As companies increasingly migrate to cloud-based infrastructure, the influx of sensitive data coupled with sophisticated hacking attempts could undermine market growth. However, the government support for digital infrastructure and ongoing investments in AI and machine learning present bright opportunities, enhancing security measures and operational efficiencies.

Network as a Service (NaaS) Market Segmentation and Regions:

By Type:

  • WAN as a Service
  • LAN as a Service
  • Communication and Collaboration
  • Network Security

By Application:

  • WAN Optimization
  • Virtual Private Network (VPN)
  • Cloud-based Services
  • Bandwidth on Demand
  • UCaaS and Video Conferencing
  • Others

By Enterprise:

  • Small and Medium-Sized Enterprises (SMEs)
  • Large Enterprises

By End User:

  • Banking, Financial Services, and Insurance (BFSI)
  • Healthcare
  • IT & Telecommunications
  • Manufacturing
  • Retail and E-commerce
  • Education
  • Others

- According to the Report, the IT & Telecommunications holds the largest market share of about 32%.

By Region:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

- According to the Report, the North America dominates the market by more than 43% share.

Looking for Global, Regional, or Country-specific reports on this Network as a Service (NaaS) Market? Visit our website - https://www.marknteladvisors.com/query/request-customization/network-as-a-service-market.html 

Research Methodology:

  • Comprehensive data collection through qualitative and quantitative research.
  • Targeted sampling methods to ensure accurate market representation.
  • Use of statistical software for data validation and analysis.
  • Predictive modeling for forecasting market trends.
  • Incorporation of an iterative review process to confirm accuracy and minimize bias.

Related Research Report:

About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

Contact Us:

MarkNtel Advisors LLP

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511 

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

For Sales Enquiriessales@marknteladvisors.com