How big is the Network As A Service Market?

The Network As A Service Market size is expected to reach USD 25.67 billion in 2024 and grow at a CAGR of 32.09% to reach USD 103.19 billion by 2029. Read More

What is the current Network As A Service Market size?

In 2024, the Network As A Service Market size is expected to reach USD 25.67 billion. Read More

Who are the key players in Network As A Service Market?

DXC Technology Company, Cisco Systems Inc., AT&T Intellectual Property, Verizon and TD SYNNEX Corporation are the major companies operating in the Network As A Service Market. Read More

Which is the fastest growing region in Network As A Service Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Network As A Service Market?

In 2024, the North America accounts for the largest market share in Network As A Service Market. Read More

What years does this Network As A Service Market cover, and what was the market size in 2023?

In 2023, the Network As A Service Market size was estimated at USD 17.43 billion. The report covers the Network As A Service Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Network As A Service Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the latest trends in the Network as a Service (NaaS) Market?

Current trends in the Network as a Service (NaaS) Market are a) Integration of AI and machine learning for smarter network solutions b) Increased adoption of SD-WAN c) Expansion of 5G networks. Read More

Network As A Service Market Size and Trends: Comprehensive Global Market Report

Network as a Service Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Network-As-Service Providers and the Market is Segmented by Type (LAN-As-A-Service and WAN-As-A-Service), Application (Cloud-Based Services [vCPE], Bandwidth On-Demand [BoD], Integrated Network Security-As-A-Service, Wide Area Network [WAN], and Virtual Private Network [VPN]}, Industry Vertical (Healthcare, BFSI, Retail, and E-Commerce, IT, and Telecom, Manufacturing, Transportation and Logistics, and Public Sector), and Geography (North America [United States and Canada], Europe [Germany, United Kingdom, France, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], Latin America [Brazil, Argentina, Mexico, and Rest of Latin America], and the Middle East and Africa [United Arab Emirates, Saudi Arabia, and Rest of the Middle East and Africa]. The Market Size and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Network as a Service Industry Overview

The Network-as-a-Service market is fragmented due to the presence of several small and large players. The key players holding a prominent market share focus on expanding their customer base across regional boundaries. These companies leverage strategic collaborative initiatives to increase their market profitability and share. Some major players in the market are AT&T Intellectual Property, Verizon, and Cisco System Inc.

February 2024: Nokia partnered with Liberty Global, a converged video, broadband, and communications company, in which Liberty Global's Belgian subsidiary Telenet utilizes Nokia's Network-as-a-Code platform to enhance the services offered at the Port of Antwerp. Developers can use application programming interfaces (APIs) and software development kits (SDKs) accessed via Nokia's Network as Code Platform with a developer portal to obtain network functionality and data. This will enable them to build new applications for use cases.
October 2023: Lumen Technologies announced the integration of its Network-as-a-Service (NaaS) platform with Equinix Fabric, which will enable customers to instantly buy, use, and manage Lumen Internet On-Demand and future Lumen NaaS services. The company collaborates with Equinix to offer businesses a quick and easy network buying experience, providing customers access to quick bandwidth boosts and personalized on-demand services.