The Network as a Service market is expected to grow at a CAGR of more than 16% during the forecast period. Network as a Service is a model for virtual network services on the internet. The market growth is driven by the emergence of cloud computing, software design networking, improving demand for global connectivity, network visualization. In addition, growing demand for pay per use business models and growing awareness regarding the economic benefit of network as a service owing to decrease operational and capital expenditure are anticipated to drive the growth of the network as a service market during the forecast period. Furthermore, the network as a service industry is growing inclination towards cloud technologies, however, high installation costs and poor infrastructure development are the factors that are hampering the growth of the market over the forecast period.
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The global network as a service market is further segmented based on geography including North America, Europe, Asia-Pacific and Rest of the World (RoW).North America is expected to hold the largest market share in the network as a service industry during the forecast period owing to penetration of cloud computing, a large concentration of the network virtualization solution, and improved IT infrastructure is anticipated to boost the adoption of NaaS in the region. The increasing demand for high-performance computing infrastructure has grown the need for virtualized computing environments.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Network as Service Market- Segmentation
By Application
- Virtual Private Network
- Wide Area Network
- Cloud-based services
- Bandwidth on Demand
- Integrated Network Security as a Service
By Vertical
- BFSI
- Retail and Ecommerce
- IT & Telecom
- Healthcare
- Government &Public Sector
- Transportation and Logistics
- Other
Global Network as Service Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pharmaceutical drug delivery system market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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