Network as a Service Market Share, Analysis, Report and Forecast, 2017-2024

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Network as a Service Market Price, Trends,
Industry Outlook Forecast 2017-2024
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Key Insights from Network as a Service Market

• Network-as-a-Service (NaaS) Market size has risen
  to prominence recently as it serves as a fine
  business model for enterprises providing network
  services on a subscription basis over the
  internet. The client has to pay only for the
  services that are being used. Network-as-a-Service
  is a very attractive business opportunity as it
  saves considerable money as the hardware network
  and the complete arrangement are managed by the
  in-house network.
• The lower costs with blended Wide Area Network
  (WAN) approaches present an attractive
  opportunity in growing regions such as APAC,
  where the technology is on an upward growth. It
  is also estimated that the Network-as-a-Service
  market is going to impact Internet of Things
  (IoT) and cloud considerably, leading to intense
  competition. Furthermore, technological
  advancements will present an increase in
  applications in many industries.
• An important feature of the NaaS market is
  Bandwidth on Demand (BoD), available from its
  respective Internet Service Providers (ISP) at a
  low price than accessing it by contacting other
  ISPs.

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Continued...

• The Network-as-a-Service market is also
  benefiting from the IT and telecom industry end
  users as they are using various networking and
  cloud technologies, placing a huge amount of data
  on the cloud. Thus, it is aiding network
  operators by providing key resources such as data
  and communications along with intelligence to
  third parties professionally.
• The Network-as-a-Service market also comes with a
  few challenges of its own, primarily migrating
  the complete network to the cloud. The problem
  arises in dealing with cloud providers over the
  control of the network and how services are to be
  deployed on it. Furthermore, it is difficult to
  run the service in parallel with the existing
  network for each website. Although it is
  cost-effective in nature, the resultant cost
  savings of adopting this model is offset by the
  overhead cost of migration.

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Major Companies in Network as a Service Market

• Cisco
• Juniper
• VMware
• Aryaka
• Alcatel Lucent
• ATT
• Ciena
• NEC
• Brocade, and IBM

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Regional Insights in Network as a Service Market

• North America is leading in the
  Network-as-a-Service market with the majority of
  telecom providers present there though its growth
  is going to stagnate in the immediate future.
• It is expected that APAC region is going to be
  rapidly gaining in the market by virtue of its
  large working population. India, China, and Japan
  owing to their huge population and growing
  demands look set for a significant growth in the
  Network-as-a-Service market.

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