The latest report, titled ‘Global Network as a Service Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Network as a Service market scenario. The research report provides the reader with an in-depth interpretation of the Network as a Service market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Network as a Service industry. The market intelligence report is a prototype of the 360° overview of the global Network as a Service industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The global Network as a Service (NaaS) market size reached USD 16.65 Billion in 2021 and is expected to register a revenue CAGR of 22.4 % during the forecast period, according to latest analysis by Emergen Research. Network as a Service (NaaS) is a critical component in enterprise network architecture for supporting the adaptation of innovative technologies depending on market demands, as well as for improving network performance, productivity, user experiences, and proactive maintenance. Owing to the increased internet penetration in functional business domains, many enterprises are deploying Network as a Service (Naas) in their business functions. Growing number of customers are turning to cloud alternatives to help them save money on network quality improvement. Network as a Service (NaaS) reduces costs by introducing new virtualized network infrastructure processes for hardware, software, operations, and maintenance. In addition, technological advancements in Machine Learning (ML) and Artificial Intelligence (AI) based Network as a Service (NaaS) algorithms are accelerating revenue growth of the market. Many market players are introducing Artificial Intelligence (AI) and Machine Learning (ML) algorithms to streamline and distribution of data. These metrics are significant in cost reduction and time. However, concerns regarding data security are a significant barrier to network as a service market growth. The protection of varied personal user data is becoming challenging owing to the rise in cyberattacks and data breaches. According to a leading cybersecurity company, globally WannaCry ransomware attacks affect around 230,000 computers. Revenue and reputation of the company may significantly affect owing to data breaches.

In view of the current COVID-19 pandemic, the growth of the Network as a Service industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Network as a Service sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Network as a Service industry.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Research Report on the Network as a Service Market Addresses the Following Key Questions:

• Who are the dominant players of the Network as a Service market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Network as a Service market?
• What are the key growth drivers and restraining factors of the Network as a Service market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Network as a Service market and its key segments?
• The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

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Market Dynamics:

The report offers insightful information about the market dynamics of the Network as a Service market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Network as a Service market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Network as a Service market.

Key Companies Profiled in the Report:

Cisco Systems Inc, Cloudflare, Inc., Hewlett Packard Enterprise Development LP, Verizon Communications Inc., Nokia Corporation, Dell Inc., Tata Communications Limited, Cato Networks Ltd., Amdocs Management Limited, Palo Alto Networks, Inc., Perimeter 81 Ltd., ALE USA Inc., NTT Communication and among others

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Network as a Service Market Segmentation:

• Type Outlook (Revenue, USD Billion; 2019-2030)

  • WAN as a service
  • LAN as a service

• Organization Size Outlook (Revenue, USD Billion; 2019-2030)

  • Large Enterprises
  • Small and medium enterprises

• Application Outlook (Revenue, USD Billion; 2019-2030)

  • Virtual private network
  • Bandwidth on demand
  • Multi-branch connectivity
  • WAN Optimization
  • Secure web gateway
  • Others (Integrated network security as a Service)

Regional Outlook of the Network as a Service Market

The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Global Network as a Service Market Report – Table of Contents:

• Chapter 1 includes the global Network as a Service market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
• Chapter 2 broadly categorizes the Network as a Service market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
• Chapter 3 elaborates on the competitive outlook of the Network as a Service market, focusing on the major manufacturers and vendor landscape.
• Chapter 4 exhaustively studies the key manufacturers of the Network as a Service industry, along with their anticipated sales and revenue shares.
• Chapters 5 includes market segmentation based on product type, application range, and market players.

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