Global Network As A Service Market

Network As A Service Market Size, Share, Growth Analysis, By Type, By Organization Size, By Application, By End User, By Region - Industry Forecast 2025-2032


Report ID: SQMIG45A2396 | Region: Global | Published Date: December, 2024
Pages: 181 | Tables: 102 | Figures: 69

Network as a Service Market Regional Insights

North America led the largest revenue share of over 47.0% in 2023, due to rapid adoption of network as a service solutions. The major driver is the presence of important players such as Palo Alto, Amdocs, Megaport, Akamai, Cisco Systems Inc. and others. and other presence, which has driven the growth of the market. Significant companies invest heavily in data center research and development, and network infrastructure supports growth. In addition, the widespread adoption of IoT and cloud-based services is fueling the network as a service market growth. Businesses and organizations are modernizing their traditional networks with advanced IT infrastructure, network virtualization solutions and cloud computing services. Cloud providers and telecom service providers are adopting and using cloud platforms to eliminate complex network deployment management.

As per network as a service market outlook, Asia Pacific is expected to expand at a substantial CAGR of 34.1% throughout the forecast period. The growth is driven by increasing use of cloud computing driven by startups adopting SaaS, PaaS and NaaS cloud services in the region. India and China have a wide and distributed customer base driving demand and creating new opportunities. The growth was driven by network infrastructure improvements, CAPEX across the region and increased demand to reduce government infrastructure. Additionally, the untapped potential of the sector provides new investment opportunities for technology upgrades and upgrades such as Bring Your Own Device (BYOD) technology. In addition, MNCs are expanding their presence across the APAC region, resulting in a wider customer base and Internet customers that provide opportunities for profitable growth.

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FAQs

Network as a Service Market size was valued at USD 15.66 Billion in 2023 and is poised to grow from USD 20.81 Billion in 2024 to USD 152.37 Billion by 2032, growing at a CAGR of 32.9% during the forecast period (2025-2032).

The competitive landscape of the network as a service market has been characterized by innovations, strategic partnerships, and huge investments in R&D. Key players are competing based on technology, supply chain and local presence, with an emphasis on meeting the requirements of industries such as the semiconductor industry, consumer electronics, automotive and telecommunications. Japan-based Advantest is a global leader in the market, known for its advanced semiconductor test equipment. The company focuses on high-performance, scalable solutions and is particularly strong in the market. Advantest's investment in R&D is substantial, ensuring its competitiveness with next-generation test systems designed for complex integrated circuits (ICs) and 5G-enabled devices. 'AT&T ', 'Verizon ', 'Telefónica ', 'NTT Communications ', 'Orange Business Services ', 'Vodafone ', 'BT Group ', 'Tata Communications ', 'Lumen Technologies ', 'Comcast Business ', 'Amdocs Inc. ', 'Cloudflare Inc. ', 'Cisco Systems Inc. ', 'Megaport ', 'Akamai Technologies ', 'IBM (NaaS solutions) ', 'Fortinet ', 'Aryaka Networks ', 'HPE Aruba ', 'Amazon Web Services (AWS)'

Increasing Demand for Cloud-based Communications Solutions

Integration of AI Automation for Advanced Network Management: The key trend shaping the market is the integration of artificial intelligence (AI) and automation into network management. AI-powered tools are widely used to monitor network performance, detect anomalies and respond to real possibilities time. Automation also streamlines tasks such as bandwidth allocation, troubleshooting, and scaling resources when required. Together, these technologies reduce the need for manual intervention, increase network reliability, and improve customer satisfaction, positioning AI and automation as imperatives in a NaaS offering.

North America led the largest revenue share of over 47.0% in 2023, due to rapid adoption of network as a service solutions. The major driver is the presence of important players such as Palo Alto, Amdocs, Megaport, Akamai, Cisco Systems Inc. and others. and other presence, which has driven the growth of the market. Significant companies invest heavily in data center research and development, and network infrastructure supports growth. In addition, the widespread adoption of IoT and cloud-based services is fueling the network as a service market growth. Businesses and organizations are modernizing their traditional networks with advanced IT infrastructure, network virtualization solutions and cloud computing services. Cloud providers and telecom service providers are adopting and using cloud platforms to eliminate complex network deployment management.

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Global Network As A Service Market

Report ID: SQMIG45A2396

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