Categories: IT & Communication Technology

Network as a Service Market 2023 – Market Share, Size, Key Players, Industry Growth | Verizon Communications Inc., Cisco Systems Inc., IBM, Oracle Corporation, Juniper Networks Inc.

The Business Research Company’s Network as a Service Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Network as a Service Global Market Report 2023 evaluates network as a service market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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The global network as a service market size grew from $16.11 billion in 2022 to $21.37 billion in 2023 at a compound annual growth rate (CAGR) of 32.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The network as a service market size is expected to grow to $66.15 billion in 2027 at a CAGR of 32.6%.

The network as a service market segments in the report are:

Network as a Service Market By Type:
LAN as a Service
WAN as a Service
Bandwidth on Demand (BoD)
VPN as a Service
Managed Services

Network as a Service Market By Enterprise Size:
Large Enterprises
SMEs

Network as a Service Market By End-User:
Banking Financial Services and Insurance (BFSI)
Government and Public Sector
Healthcare
IT and Telecommunication
Manufacturing
Retail and E-commerce
Other End Users

Top Major Players:

Verizon Communications Inc.
Cisco Systems Inc.
IBM
Oracle Corporation
Juniper Networks Inc.

North America was the largest region in the network as a service market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period.

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The table of contents in TBRC’s network as a service market report includes:

1. Executive Summary
2. Network as a Service Market Characteristics
3. Network as a Service Market Trends And Strategies
4. Network as a Service Market – Macro Economic Scenario
5. Network as a Service Market Size And Growth
……
26. Africa Network as a Service Market
27. Network as a Service Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Network as a Service Market
29. Network as a Service Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Network as a Service Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Network as a Service Market, Segmentation By Enterprise Size, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Network as a Service Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

…….

Table 46: Verizon Communications Inc Financial Performance

Table 47: Cisco Systems Inc Financial Performance

Table 48: IBM Financial Performance

Table 49: Oracle Corporation Financial Performance

Table 50: Juniper Networks Inc Financial Performance

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