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Network as a Service Trends and Forecast
The future of the global network as a service market looks promising with opportunities in the BFSI, IT & telecommunication, manufacturing, healthcare, and retail sectors. The global network as a service market is expected to reach an estimated $76.0 billion by 2030 with a CAGR of 28.0% from 2024 to 2030. The major drivers for this market are rising trend of hybrid work model, increasing use of cloud services by both big and small businesses, and growing SDN integration with current network infrastructures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Network as a Service by Segment
The study includes a forecast for the global network as a service by type, enterprise type, application, end use industry, and region.
Network as a Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• WAN as a Service
• LAN as a Service
Network as a Service Market by Enterprise Type [Shipment Analysis by Value from 2018 to 2030]:
• Small and Medium-Sized Enterprise
• Large Enterprise
Network as a Service Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Wide Area Network
• Virtual Private Network
• Cloud-Based Services
• Bandwidth on Demand
• Others
Network as a Service Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• IT & Telecommunication
• Manufacturing
• Healthcare
• Retail
• Others
Network as a Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Network as a Service Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies network as a service companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the network as a service companies profiled in this report include-
• AT&T
• Verizon
• Telefonica
• NTT Communications
• Orange Business Services
• Vodafone
• BT
• Tata Communications
• Lumen
• Comcast
• Axians
Network as a Service Market Insights
Lucintel forecasts that wide area network is expected to witness highest growth over the forecast period due to its significant use in several industries to create communication networks using a variety of tools such mobile phones, PCs, remote offices, and data centers.
North America is expected to witness highest growth over the forecast period due to continuous technological development in network infrastructure and data centers, rapid adoption of iot and cloud-based services, and presence of key players in the region.
Features of the Global Network as a Service Market
Market Size Estimates: Network as a service market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Network as a service market by various segments, such as by type, enterprise type, application, end use industry and region in terms of($B).
Regional Analysis: Network as a service market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, enterprise types, applications, end use industries, and regions for the network as a service market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the network as a service market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the network as a service market size?
Answer: The global network as a service market is expected to reach an estimated $76.0 billion by 2030.
Q.2 What is the growth forecast for network as a service market?
Answer: The global network as a service market is expected to grow with a CAGR of 28.0% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the network as a service market?
Answer: The major drivers for this market are rising trend of hybrid work model, increasing use of cloud services by both big and small businesses, and growing SDN integration with current network infrastructures.
Q4. What are the major segments for network as a service market?
Answer: The future of the network as a service market looks promising with opportunities in the BFSI, IT & telecommunication, manufacturing, healthcare, and retail markets.
Q5. Who are the key network as a service market companies?
Answer: Some of the key network as a service companies are as follows:
• AT&T
• Verizon
• Telefonica
• NTT Communications
• Orange Business Services
• Vodafone
• BT
• Tata Communications
• Lumen
• Comcast
Q6. Which network as a service market segment will be the largest in future?
Answer: Lucintel forecasts that wide area network is expected to witness highest growth over the forecast period due to its significant use in several industries to create communication networks using a variety of tools such mobile phones, PCs, remote offices, and data centers.
Q7. In network as a service market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to continuous technological development in network infrastructure and data centers, rapid adoption of iot and cloud-based services, and presence of key players in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the network as a service market by type (WAN as a service and LAN as a service), enterprise type (small and medium-sized enterprise and large enterprise), application (wide area network, virtual private network, cloud-based services, bandwidth on demand, and others), end use industry (BFSI, IT & telecommunication, manufacturing, healthcare, retail, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Network As A Service Market, Network As A Service Market Size, Network As A Service Market Growth, Network As A Service Market Analysis, Network As A Service Market Report, Network As A Service Market Share, Network As A Service Market Trends, Network As A Service Market Forecast, Network As A Service Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Network as a Service Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Network as a Service Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Network as a Service Market by Type
3.3.1: WAN as a Service
3.3.2: LAN as a Service
3.4: Global Network as a Service Market by Enterprise Type
3.4.1: Small and Medium-Sized Enterprise
3.4.2: Large Enterprise
3.5: Global Network as a Service Market by Application
3.5.1: Wide Area Network
3.5.2: Virtual Private Network
3.5.3: Cloud-Based Services
3.5.4: Bandwidth on Demand
3.5.5: Others
3.6: Global Network as a Service Market by End Use Industry
3.6.1: BFSI
3.6.2: IT & Telecommunication
3.6.3: Manufacturing
3.6.4: Healthcare
3.6.5: Retail
3.6.6: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Network as a Service Market by Region
4.2: North American Network as a Service Market
4.2.1: North American Network as a Service Market by Application: Wide Area Network, Virtual Private Network, Cloud-Based Services, Bandwidth on Demand, and Others
4.2.2: North American Network as a Service Market by End Use Industry: BFSI, IT & Telecommunication, Manufacturing, Healthcare, Retail, and Others
4.3: European Network as a Service Market
4.3.1: European Network as a Service Market by Application: Wide Area Network, Virtual Private Network, Cloud-Based Services, Bandwidth on Demand, and Others
4.3.2: European Network as a Service Market by End Use Industry: BFSI, IT & Telecommunication, Manufacturing, Healthcare, Retail, and Others
4.4: APAC Network as a Service Market
4.4.1: APAC Network as a Service Market by Application: Wide Area Network, Virtual Private Network, Cloud-Based Services, Bandwidth on Demand, and Others
4.4.2: APAC Network as a Service Market by End Use Industry: BFSI, IT & Telecommunication, Manufacturing, Healthcare, Retail, and Others
4.5: ROW Network as a Service Market
4.5.1: ROW Network as a Service Market by Application: Wide Area Network, Virtual Private Network, Cloud-Based Services, Bandwidth on Demand, and Others
4.5.2: ROW Network as a Service Market by End Use Industry: BFSI, IT & Telecommunication, Manufacturing, Healthcare, Retail, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Network as a Service Market by Type
6.1.2: Growth Opportunities for the Global Network as a Service Market by Enterprise Type
6.1.3: Growth Opportunities for the Global Network as a Service Market by Application
6.1.4: Growth Opportunities for the Global Network as a Service Market by End Use Industry
6.1.5: Growth Opportunities for the Global Network as a Service Market by Region
6.2: Emerging Trends in the Global Network as a Service Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Network as a Service Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Network as a Service Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: AT&T
7.2: Verizon
7.3: Telefonica
7.4: NTT Communications
7.5: Orange Business Services
7.6: Vodafone
7.7: BT
7.8: Tata Communications
7.9: Lumen
7.10: Comcast
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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