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 segmented on the basis of applications and verticals. Based on the application, the market is segmented into the virtual private networks, wide area network, cloud-based service, bandwidth on demand, and integrated network security as a service. The bandwidth on the demand segment is anticipated to drive the significant growth rate during the forecast period owing to the adoption of business-oriented applications in a different sector that includes healthcare, government, retail, and manufacturing. Suchapplications demanda higher level of connectivity and bandwidth to support the need for business. This offers the adoption of the NaaS model that supports the bandwidth on the demand services and offer enterprises to overcome the bandwidth issues and aids bandwidth applications to meet their needs.
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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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