Pune, Maharashtra -- (SBWIRE) -- 11/24/2023 -- According to HTF Market Intelligence, the Global Network-as-a-Service (NaaS) market to witness a CAGR of 24.6% during the forecast period (2023-2029). The Latest Released Network-as-a-Service (NaaS) Market Research assesses the future growth potential of the Network-as-a-Service (NaaS) market and provides information and useful statistics on market structure and size. This report aims to provide market intelligence and strategic insights to help decision-makers make sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report identifies and analyses the changing dynamics and emerging trends along with the key drivers, challenges, opportunities and constraints in the Network-as-a-Service (NaaS) market.

The Network-as-a-Service (NaaS) market size is estimated to increase by USD 29.9 Billion at a CAGR of 24.6% from 2023 to 2029. The report includes historic market data from 2017 to 2022E. Currently, the market value is pegged at USD 10.3 Billion.

The Major Players Covered in this Report: Cisco Systems (United States), Juniper Networks (United States), IBM Corporation (United States), NEC Corporation (Japan), Vmware (United States), Aryaka Networks (United States), Alcatel Lucent (France), Brocade Communications Systems (United States), Others

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Definition:
Network as a Service (NaaS) is a networking solution providers offers cloud-based and various networking solutions, such as load balancers, virtual machines, servers, network switches, and storage memory. NaaS solutions are provided by third parties to customers who are not interested to invest in building their own networking infrastructure. These technologies are gaining tremendous opportunity among network operators due to cost-effectiveness. Further, the rising number of mobile applications and network endpoints has propelled the market growth to meet enterprise mobility demands and ensure long network uptime.

Market Trends:
Emergence of Cloud Computing & Network Virtualization
Rising Demand for Global Connectivity & Expanding Awareness about NaaS
Shifting IT investment from capital expenditure (CAPEX) to operating expense (OPEX) business model

Market Drivers:
Accelerating Adoption of Cloud Services among Large and SMEs
Rapid Development of Data Centers and On Demand Network Services
Features Such as Reduced Operational & Capital Expenditure

Market Opportunities:
Global Enterprise Network for Supporting Distributed Workforce in International Locations
Target Audience:
Regulatory Bodies, Potential Investors, New Entrants, Research and Development Institutes, Others

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Network-as-a-Service (NaaS) market segments by Types: LAN-as-a-Service (LANaaS), WAN-as-a-Service (WANaaS)
Detailed analysis of Network-as-a-Service (NaaS) market segments by Applications: Network Security, Web Security, Email Security, Database and Cloud Security, Others

Major Key Players of the Market: Cisco Systems (United States), Juniper Networks (United States), IBM Corporation (United States), NEC Corporation (Japan), Vmware (United States), Aryaka Networks (United States), Alcatel Lucent (France), Brocade Communications Systems (United States), Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:
- -To carefully analyse and forecast the size of the Network-as-a-Service (NaaS) market by value and volume.
- -To estimate the market shares of major segments of the Network-as-a-Service (NaaS) market.
- -To showcase the development of the Network-as-a-Service (NaaS) market in different parts of the world.
- -To analyse and study micro-markets in terms of their contributions to the Network-as-a-Service (NaaS) market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Network-as-a-Service (NaaS) market.
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Network-as-a-Service (NaaS) market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Key takeaways from the Network-as-a-Service (NaaS) market report:
– Detailed consideration of Network-as-a-Service (NaaS) market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets.
– Comprehensive valuation of all prospects and threats in the
– In-depth study of industry strategies for growth of the Network-as-a-Service (NaaS) market-leading players.
– Network-as-a-Service (NaaS) market latest innovations and major procedures.
– Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market.
– Conclusive study about the growth conspiracy of Network-as-a-Service (NaaS) market for forthcoming years.

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Major highlights from Table of Contents:
Network-as-a-Service (NaaS) Market Study Coverage:
- It includes major manufacturers, emerging player's growth story, and major business segments of Network-as-a-Service (NaaS) market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
- Network-as-a-Service (NaaS) Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
- Network-as-a-Service (NaaS) Market Production by Region Network-as-a-Service (NaaS) Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Network-as-a-Service (NaaS) Market Report:
- Network-as-a-Service (NaaS) Overview, Definition and Classification Market drivers and barriers
- Network-as-a-Service (NaaS) Market Competition by Manufacturers
- Network-as-a-Service (NaaS) Capacity, Production, Revenue (Value) by Region (2023-2029)
- Network-as-a-Service (NaaS) Supply (Production), Consumption, Export, Import by Region (2023-2029)
- Network-as-a-Service (NaaS) Production, Revenue (Value), Price Trend by Type {LAN-as-a-Service (LANaaS), WAN-as-a-Service (WANaaS)}
- Network-as-a-Service (NaaS) Market Analysis by Application {Network Security, Web Security, Email Security, Database and Cloud Security, Others}
- Network-as-a-Service (NaaS) Manufacturers Profiles/Analysis Network-as-a-Service (NaaS) Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
- Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Major questions answered:
- What are influencing factors driving the demand for Network-as-a-Service (NaaS) near future?
- What is the impact analysis of various factors in the Global Network-as-a-Service (NaaS) market growth?
- What are the recent trends in the regional market and how successful they are?
- How feasible is Network-as-a-Service (NaaS) market for long-term investment?

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