140 likes | 340 Views
Network-as-a-service market categorizes the global market by component, by application as bandwidth on demand (BoD), network function virtualization (NFV), V-CPE, integrated network security as a services, by type, by vertical, and by region.
E N D
MarketsandMarkets Presents Network-as-a-Service Market worth 9.65 Billion USD by 2021 https://www.marketsandmarkets.com/Market-Reports/network-as-a-service-market-94208411.html
The report "Network-as-a-Service Market by Component, Application (Bandwidth on Demand (BoD), Network Function Virtualization (NFV), V-CPE, Integrated Network Security as a Services), Type, Vertical, and Region - Global Forecast to 2021", The global Network-as-a-Service (NaaS) market is expected to grow from USD 1.33 Billion in 2016 to USD 9.65 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 48.4%.
Browse 41 market data tables and 63 figures spread through 122 pages and in-depth TOC on "Network-as-a-Service Market by Component, Application (Bandwidth on Demand (BoD), Network Function Virtualization (NFV), V-CPE, Integrated Network Security as a Services), Type, Vertical, and Region - Global Forecast to 2021“ https://www.marketsandmarkets.com/Market-Reports/network-as-a-service-market-94208411.html Early buyers will receive 10% customization on this report
This market is driven by factors, such as software-defined paradigm shift across the whole IT industry. Moreover, technological advancements have led to increased applications in numerous sectors and global deployment of wireless services have created promising ubiquitous connectivity as well as cost benefits from deploying solutions for asset tracking and management. Bandwidth on-Demand (BoD) has created vibrant prospects for marketers and other stakeholders in the market The main advantage of BoD is that, enterprises can buy BoD from their respective ISPs at a comparatively lower price, rather than leasing a fixed bandwidth from another ISP for a higher price. BoD can be very scalable, as enterprises are able to scale the network bandwidth to aid cloud applications. BoD functions in the background, making sure it is always ready for end-user disposal. It also provides a strong security feature over the network, when the cloud is being accessed.
The Information Technology (IT) and telecom vertical is projected to showcase a robust growth in the NaaS market End-users of the IT and telecom vertical are rapidly using various networking and cloud technologies, which vary from simply checking emails to managing huge amount of enterprise data placed on the cloud. The rapid use of IT and telecommunication, therefore generates a huge amount of data. With cloud becoming an economic platform for utilization of various resources, the demand for cloud platform among enterprises is rapidly increasing. In the case of NaaS model, network operators offer their key network resources, such as data and communication, as well as, intelligence to third parties on a commercial basis. “Managed services are expected to grow at the highest CAGR during the forecast period”
The growing demand to optimize supply chain and the governments’ efforts to standardize the NaaS technology creates remarkable potential in the APAC market The APAC region is expected to experience extensive growth opportunities in the next few years. The existence of a large working population and developing technology hubs have expanded the competitive environment in the region. Not only are China, Japan, and India putting in efforts to deploy various NaaS technologies. These developments, clubbed with a growing demand from a massive and growing population, certifies a tremendous growth potential for the NaaS market in the region. The key NaaS vendors and service providers profiled in the report include - Cisco Systems, Juniper Networks, and IBM. The key innovator showcased in the study includes Mushroom Networks Inc.
About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact Us Contact: Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets