Network
as a Service Market Analysis By Industry Size, Share, Revenue Growth and Demand
Forecast To 2031

The global Network as a Service market (NaaS) is expected to
grow at a significant CAGR during the forecast period (2024-2031). Network as a
Service (NaaS) is the sale of network services from third parties to clients
that don’t want to construct their own networking infrastructure. Network as a
Service (NaaS) packages networking resources, services, and applications as a
product that can be bought for a number of customers or users, usually for a
contracted and defined period of time. 

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Network as a service offers companies greater flexibility
and even performance gains in their network infrastructure. With on-demand
purchasing, companies can be more cost-conscious and pay only for the
networking services they need. Network as a service (NaaS) can also help
companies that want greater flexibility in provisioning without having to
rearchitect networks or redo contracts from the ground up.

The rising adoption and implementation of the cloud for data
storage and introduction of big data analytics is backing and contributing to
the growth of the Network as a Service market. In addition, the rapid growth
and evolution in IoT technologies also support the growth and development of
the global NaaS market.

The major players of the global NaaS market include Verizon
Communications Inc., IBM Corp., Cisco Systems, Inc., Oracle Corp., among
others. In order to maintain a strong position in the market, these market
players are adopting various strategic moves, such as product launches,
partnerships, collaborations, and mergers and acquisitions. 

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Recent Strategic Initiatives-

• In
  March 2021, SDx Networks, a provider of managed service to companies with
  a global reach, partnered with Masergy to officially launch Australia’s
  next generation of ICT Managed Service Providers. The collaboration aims
  to deliver cloud networking in Australia, New Zealand, and Asia-Pacific,
  and Masergy can expand its global footprint through this partnership, as
  well as its brand-awareness. Additionally, Masergy integrated its AIOps
  feature which is set into its SD-WAN solutions to enhance its SASE capabilities.
  As a result, Masergy AIOps acts as a virtual network engineer, automating
  the evaluation of network and security performance and making
  recommendations for optimization.


• In
  February 2021, Masergy enhanced its Masergy Unified Communications as a
  Service (UCaaS) solution by adding collaboration with Cisco Webex. The
  solution consolidates Masergy’s hosted UC calling platform and Cisco Webex
  into a single application experience which allows clients to add Masergy’s
  Managed SD-WAN Secure connectivity services. UCaaS solutions integrated
  with network services improve the end-user experience. 


• In
  November 2020, Mist Systems, a Juniper Networks company, announced the
  first AI-driven self-driving network for the enterprise, which leverages
  Mist’s AI engine and microservices cloud to streamline IT operations,
  simplify troubleshooting across wired/wireless domains and deliver
  optimized experiences to network users.

Market Coverage

• Segment
  Covered- 

o             By Type

o             By
Industry Verticals

• Competitive
  Landscape: Verizon Communications Inc., IBM Corp., Cisco Systems, Inc.,
  Oracle Corp., among others.

Key questions addressed by the report

• What
  is the market growth rate?


• Which
  segment and region dominates the market in base year?


• Which
  segment and region will project fastest growth in the market?


• How
  COVID-19 impacted the market?

o             Recovery
Timeline

o             Deviation
from pre-COVID forecast

o             Most
affected region and segment

• Who
  is the leader in the market?


• How
  players are addressing challenges to sustain growth?


• Where
  is the investment opportunity?

Global Network as a Service (NaaS) Market Report
Segmentation

By Type

•                
LAN-as-a-Service

•                
WAN-as-a-Service

By Industry Vertical

•                
BFSI

•                
Healthcare

•                
Retail and E-Commerce

•                
IT & Telecom

•                
Manufacturing

•                
Government

•                
Others

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1. We cover more than 15 major industries, further segmented into more than 90
sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

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purchasing your report.

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