Network as a Service Market Competitive Dynamics & Global Outlook 2025

Network as a Service Market Competitive Dynamics & Global Outlook 2025

The network as a service market report encompasses an in-depth analysis of the business space in question. All the growth facilitators responsible for furling the revenue scope of this industry are mentioned in the study in conjunction with the competitive and geographical trends characterizing this business. Some of the very pivotal parameters encompassed in the report fall along the lines of industry segmentation, industry ecosystem analysis, vendor matrix, and industry insights.

The global network as a service market has been gaining a commendable impetus in the recent years as NaaS can provide companies with greater flexibility and improve the performance of their network infrastructure. The worldwide market is also making a major headway as enterprises of all sizes are striving to run IT infrastructure more efficiently and methodically operate and manage their networks.

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Business models like network as a service promise the much-needed efficiency, through an on-demand provisioning model. Companies can act more cost-consciously with on-demand purchasing as they need to pay for only for the networking services they need. NaaS helps businesses that want demand provisioning flexibility without requiring to rearchitect networks from the ground up. NaaS also offers palpable return on investment by helping customers to trade Capex for Opex and refocusing person hours on other, more demanding priorities. Such benefits are majorly driving the network as a service market size, expected to surpass $50 billion by 2025.

One of the instances to demonstrate the growth of the network as a service market can be provided through the WAN as a service segment that is slated to garner nearly 30% of the market share by 2025. In traditional networking architectures, the hub of the network was built around a company’s building headquarters or a data center which housed most of the equipment for computing, storage, communications, and security. This location traditionally hosted enterprise applications and traffic is typically backhauled to this location in case of people in branch and other remote locations.

This formula has recently started to fail the needs of many enterprises today, especially due to the major migration to the cloud. The demand for cloud network services has also begun to increase due to its networking cost reduction capabilities. Enterprises are also coming to prefer WAN infrastructure to connect remote employees & devices and network as a service market is capitalizing such a shift, as enterprises are showing increased preference for NaaS offerings that help in minimizing costs associated with WAN networks management. NaaS models also eliminate the need of network rearchitecting and enable a subscription-based pricing model for enterprises.

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The Network as a Service market has garnered some of its most loyal customers among the small and medium enterprises as NaaS allows companies to buy into infrastructure services and solutions, they could hardly afford to buy outright but can now pay a subscription to avail as needed. Market through SMEs is expected to record a significant CAGR of 35% over 2019-2025. This is because NaaS not only provides the bandwidth, flexibility and technology besides 24-7 support and on-call expertise that SMEs desperately need, but also saves such small and medium sized enterprises from the crippling one-off CAPEX cost, swapping it with the predictable monthly OPEX bill.

With digital transformation, each and every aspect of all businesses have become highly competitive. This, however, is not an easy feat in an environment where technology seems to be changing daily. More often than not, all businesses cannot afford to jump on to the bandwagon mostly due to cost challenges. With network as a service however, businesses of all sizes can afford become more flexible and scalable and remain competitive by taking a risk of upgrading, as the service can be easily cancelled if the business decides against its requirement. Endowed with such a unique offering as making technology accessible, affordable and flexible, network as a service market is poised to witness explosive expansion over 2019-2025.

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