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Network as a Serviceto enable users to operate the network by achieving what they expect from it. Hardware centric VPNs, Multiprotocol Label Switching connections, firewall appliances and load balancers can be replaced by NaaS. NaaS provides the services like paying money based on usage. It also provides ability to manage and monitor networking services & track usage and billing in which services can be deployed, ordered on demand.
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Network as a Service Market is estimated to be US$ 7.4 billion by 2020 with a CAGR of 32.7% during the forecast period 2030 The Network as a Service (Naas) Market is a revolutionary concept that offers on-demand networking solutions over the internet. It leverages virtualization, software-defined networking (SDN), and automation to provide flexible and scalable network resources. NaaS has gained widespread adoption due to its cost-effectiveness, improved performance, and simplified management. It finds applications across various industries, empowering businesses to adapt to digital transformation. With the rise of IoT, edge computing, and cloud services, the NaaS market is poised for continued growth and innovation, transforming the future of networking solutions. The report“Global Network as a Service Market, By Type (Wide Area Network Services (WAN), Wireless as a Service (Waa S), Local Area Network Services (LAN), and Others, By Application (IT and Communication Sector, Government & Public Sectors, Healthcare, Retail, Manufacturing), and Others, and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030” Key Highlights: In 2022, Nokia launches Adaptive Cloud Networking which helps to transform service provider cloud networks to be agile, automated and consumable. It is designed to respond to the unpredictable demands of 5G era by extending operations to edge clouds and provides supercharging service providers data center fabric. In 2022, Airtel acquires stake in 5G ready network as a service provider Cnergee. The stake acquisition by Airtel will able to sharpen its NaaS proposition for medium and small businesses looking to accelerate their shift to cloud-based applications. Analyst View: The analyst view on the Network as a Service (NaaS) market is positive, recognizing its potential to revolutionize networking by providing flexible, cost-effective solutions. Despite challenges, NaaS is expected to drive digital transformation and find widespread adoption across various industries, making it a vital component of the modern digital ecosystem. Before purchasing this report, request a sample or make an inquiry by clicking the following link: https://www.prophecymarketinsights.com/market_insight/Insight/request-sample/4911 Key Market Insights from the report:
Global Network as a Service Marketaccounted for US$ 7.4 billion in 2020 and is estimated to be US$ 131.35 billion by 2030 and is anticipated to register a CAGR of 32.7%. The Global Network as a Service Market is segmented based on Type, Application and Region. Based on Type, Global Network as a Service Marketis segmented into Wide Area Network Services (WAN), Wireless as a Service (Waa S), Local Area Network Services (LAN), and others. Based on Application, Global Network as a Service Marketis segmented into IT and Communication Sector, Government & Public Sectors, Healthcare, Retail, Manufacturing, and others. By Region, the Global Network as a Service Marketis segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Competitive Landscape & their strategies of Global Network as a Service Market: The prominent players operating in the Global Network as a Service Marketincludes, Global Cloud Exchange, Alcatel Lucent, Masergy, Cisco Systems Inc., Cloudfare Inc., Brocade Communications Systems Inc., Juniper Networks, IBM Corporation, Meta Networks, Arista, Extreme Networks, Verizon Wireless Inc., Aryaka Networks Inc., NETSCOUT, Ciena Corporation, Oracle Corporation, Telstra, NEC Corp, AT&T Inc., Century Link, SYNNEX, Silver Peak Systems, etc. The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub- segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report. To know more Contact Us: Sales Prophecy Market Insights U.S: 1 860 531 2574 RoW: 91 7775049802 Email- sales@prophecymarketinsights.com Website- www.prophecymarketinsights.com