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Network as a Service Market
Network as a Service Market Market Research Report – Segmented By Type (Types: Market Drivers, Types: COVID-19 Impact, Local Area Network and Wireless Local Area Network, Wide Area Network, Communication and Collaboration, Network Security), By Organization Size (Organization Size: Market Drivers, Organization Size: COVID-19 Impact, Large Enterprises, Small and Medium-Sized Enterprises), By End-user (End-users: Market Drivers, End-users: COVID-19 Impact, Banking, Financial Services, and Insurance, Manufacturing, Retail and Ecommerce, Software and Technology, Media and Entertainment, Healthcare, Education, Government, Other End-users), By Application (Applications: Market Drivers, Applications: COVID-19 Impact, Ucaas/Video Conferencing, Virtual Private Network, Cloud and Saas Connectivity, Bandwidth on Demand, Multi-Brach Connectivity, WAN Optimization, Secure Web Gateway, Network Access Control, Other Applications), By Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) & Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2027.
Table of contents
- Executive Summary
- Market Overview
- Industry Analysis
- Market Analysis
- By Type
- By Organization Size
- By End-user
- By Application
- By Region
- North America
- Europe
- Asia-Pacific
- Middle-East & Africa
- Latin America
- Company Analysis
- Competitive Analysis
- Research Methodology
- Appendix
Executive Summary
Network as a Service Market was valued at US $8.87 billion in 2021 and is projected to grow at 33.05% CAGR over the forecast period to reach US $49.22 billion by 2027. Network as a Service Market represented US $3.86 billion opportunity over 2019-2021 and estimated to create US $40.35 billion opportunity in 2027 over 2021.
Network as a Service from Consainsights analyses the Network as a Service Market in the Technology & Media industry over the forecast period to 2027.
Network as a Service research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.
Network as a Service segmentation includes Type, Organization Size, End-user, Application, Region and Geography.
Based on the Type, the Network as a Service analysis covers Types: Market Drivers, Types: COVID-19 Impact, Local Area Network and Wireless Local Area Network, Wide Area Network, Communication and Collaboration, Network Security.
In Type segment, Types: Market Drivers segment has highest cagr growth of 28.89%.
Based on the Organization Size, the Network as a Service analysis covers Organization Size: Market Drivers, Organization Size: COVID-19 Impact, Large Enterprises, Small and Medium-Sized Enterprises.
In Organization Size segment, Organization Size: Market Drivers segment has highest cagr growth of 28.89%.
Based on the End-user, the Network as a Service analysis covers End-users: Market Drivers, End-users: COVID-19 Impact, Banking, Financial Services, and Insurance, Manufacturing, Retail and Ecommerce, Software and Technology, Media and Entertainment, Healthcare, Education, Government, Other End-users.
In End-user segment, End-users: Market Drivers segment has highest cagr growth of 28.89%.
Based on the Application, the Network as a Service analysis covers Applications: Market Drivers, Applications: COVID-19 Impact, Ucaas/Video Conferencing, Virtual Private Network, Cloud and Saas Connectivity, Bandwidth on Demand, Multi-Brach Connectivity, WAN Optimization, Secure Web Gateway, Network Access Control, Other Applications.
In Application segment, Applications: Market Drivers segment has highest cagr growth of 28.89%.
Based on the Region, the Network as a Service analysis covers North America, Europe, Asia-Pacific, Middle East and Africa, Latin America.
In Region segment, North America segment has highest cagr growth of 28.89%.
Based on the region, the Network as a Service analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.
Key companies operating in the market include Major Players, Other Players and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.
Market Overview
Definition & Scope
The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.
The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.
The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.
Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.
Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.
As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.
Currency, Year & Forecast
The currency used in this report is USD, with the market size indicated in terms of USD million/billion.
For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.
For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.
Type
Introduction
In 2021, Types: Market Drivers segment has the highest revenue of US $3.64 billion and is expected to grow at CAGR of 28.89% by 2027 Types: Market Drivers segment has highest cagr growth of 28.89%.
Types: Market Drivers
Types: Market Drivers segment was valued at US $2.06 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $20.18 billion by 2027. Types: Market Drivers segment represented US $1.58 billion opportunity over 2019-2021 and estimated to create US $16.54 billion opportunity in 2027 over 2021.
Types: COVID-19 Impact
Types: COVID-19 Impact segment was valued at US $1.15 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $11.32 billion by 2027. Types: COVID-19 Impact segment represented US $0.89 billion opportunity over 2019-2021 and estimated to create US $9.28 billion opportunity in 2027 over 2021.
Local Area Network and Wireless Local Area Network
Local Area Network and Wireless Local Area Network segment was valued at US $0.78 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $7.67 billion by 2027. Local Area Network and Wireless Local Area Network segment represented US $0.60 billion opportunity over 2019-2021 and estimated to create US $6.29 billion opportunity in 2027 over 2021.
Wide Area Network
Wide Area Network segment was valued at US $0.60 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $5.87 billion by 2027. Wide Area Network segment represented US $0.46 billion opportunity over 2019-2021 and estimated to create US $4.82 billion opportunity in 2027 over 2021.
Communication and Collaboration
Communication and Collaboration segment was valued at US $0.19 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $1.89 billion by 2027. Communication and Collaboration segment represented US $0.15 billion opportunity over 2019-2021 and estimated to create US $1.55 billion opportunity in 2027 over 2021.
Network Security
Network Security segment was valued at US $0.23 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $2.28 billion by 2027. Network Security segment represented US $0.18 billion opportunity over 2019-2021 and estimated to create US $1.87 billion opportunity in 2027 over 2021.
Organization Size
Introduction
In 2021, Organization Size: Market Drivers segment has the highest revenue of US $4.41 billion and is expected to grow at CAGR of 28.89% by 2027 Organization Size: Market Drivers segment has highest cagr growth of 28.89%.
Organization Size: Market Drivers
Organization Size: Market Drivers segment was valued at US $2.49 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $24.45 billion by 2027. Organization Size: Market Drivers segment represented US $1.92 billion opportunity over 2019-2021 and estimated to create US $20.04 billion opportunity in 2027 over 2021.
Organization Size: COVID-19 Impact
Organization Size: COVID-19 Impact segment was valued at US $1.56 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $15.35 billion by 2027. Organization Size: COVID-19 Impact segment represented US $1.20 billion opportunity over 2019-2021 and estimated to create US $12.58 billion opportunity in 2027 over 2021.
Large Enterprises
Large Enterprises segment was valued at US $0.55 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $5.35 billion by 2027. Large Enterprises segment represented US $0.42 billion opportunity over 2019-2021 and estimated to create US $4.39 billion opportunity in 2027 over 2021.
Small and Medium-Sized Enterprises
Small and Medium-Sized Enterprises segment was valued at US $0.41 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $4.07 billion by 2027. Small and Medium-Sized Enterprises segment represented US $0.32 billion opportunity over 2019-2021 and estimated to create US $3.33 billion opportunity in 2027 over 2021.
End-user
Introduction
In 2021, End-users: Market Drivers segment has the highest revenue of US $3.38 billion and is expected to grow at CAGR of 28.89% by 2027 End-users: Market Drivers segment has highest cagr growth of 28.89%.
End-users: Market Drivers
End-users: Market Drivers segment was valued at US $1.91 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $18.75 billion by 2027. End-users: Market Drivers segment represented US $1.47 billion opportunity over 2019-2021 and estimated to create US $15.37 billion opportunity in 2027 over 2021.
End-users: COVID-19 Impact
End-users: COVID-19 Impact segment was valued at US $1.18 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $11.61 billion by 2027. End-users: COVID-19 Impact segment represented US $0.91 billion opportunity over 2019-2021 and estimated to create US $9.51 billion opportunity in 2027 over 2021.
Banking, Financial Services, and Insurance
Banking, Financial Services, and Insurance segment was valued at US $0.74 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $7.25 billion by 2027. Banking, Financial Services, and Insurance segment represented US $0.57 billion opportunity over 2019-2021 and estimated to create US $5.94 billion opportunity in 2027 over 2021.
Manufacturing
Manufacturing segment was valued at US $0.45 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $4.43 billion by 2027. Manufacturing segment represented US $0.35 billion opportunity over 2019-2021 and estimated to create US $3.63 billion opportunity in 2027 over 2021.
Retail and Ecommerce
Retail and Ecommerce segment was valued at US $0.28 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $2.73 billion by 2027. Retail and Ecommerce segment represented US $0.21 billion opportunity over 2019-2021 and estimated to create US $2.24 billion opportunity in 2027 over 2021.
Software and Technology
Software and Technology segment was valued at US $0.19 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $1.83 billion by 2027. Software and Technology segment represented US $0.14 billion opportunity over 2019-2021 and estimated to create US $1.50 billion opportunity in 2027 over 2021.
Media and Entertainment
Media and Entertainment segment was valued at US $0.12 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $1.15 billion by 2027. Media and Entertainment segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.94 billion opportunity in 2027 over 2021.
Healthcare
Healthcare segment was valued at US $0.07 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.73 billion by 2027. Healthcare segment represented US $0.06 billion opportunity over 2019-2021 and estimated to create US $0.60 billion opportunity in 2027 over 2021.
Education
Education segment was valued at US $0.04 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.39 billion by 2027. Education segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.32 billion opportunity in 2027 over 2021.
Government
Government segment was valued at US $0.02 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.18 billion by 2027. Government segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.15 billion opportunity in 2027 over 2021.
Other End-users
Other End-users segment was valued at US $0.02 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.17 billion by 2027. Other End-users segment represented US $0.01 billion opportunity over 2019-2021 and estimated to create US $0.14 billion opportunity in 2027 over 2021.
Application
Introduction
In 2021, Applications: Market Drivers segment has the highest revenue of US $3.40 billion and is expected to grow at CAGR of 28.89% by 2027 Applications: Market Drivers segment has highest cagr growth of 28.89%.
Applications: Market Drivers
Applications: Market Drivers segment was valued at US $1.92 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $18.88 billion by 2027. Applications: Market Drivers segment represented US $1.48 billion opportunity over 2019-2021 and estimated to create US $15.47 billion opportunity in 2027 over 2021.
Applications: COVID-19 Impact
Applications: COVID-19 Impact segment was valued at US $1.19 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $11.66 billion by 2027. Applications: COVID-19 Impact segment represented US $0.91 billion opportunity over 2019-2021 and estimated to create US $9.55 billion opportunity in 2027 over 2021.
Ucaas/Video Conferencing
Ucaas/Video Conferencing segment was valued at US $0.74 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $7.24 billion by 2027. Ucaas/Video Conferencing segment represented US $0.57 billion opportunity over 2019-2021 and estimated to create US $5.94 billion opportunity in 2027 over 2021.
Virtual Private Network
Virtual Private Network segment was valued at US $0.46 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $4.56 billion by 2027. Virtual Private Network segment represented US $0.36 billion opportunity over 2019-2021 and estimated to create US $3.74 billion opportunity in 2027 over 2021.
Cloud and Saas Connectivity
Cloud and Saas Connectivity segment was valued at US $0.28 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $2.75 billion by 2027. Cloud and Saas Connectivity segment represented US $0.22 billion opportunity over 2019-2021 and estimated to create US $2.25 billion opportunity in 2027 over 2021.
Bandwidth on Demand
Bandwidth on Demand segment was valued at US $0.17 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $1.71 billion by 2027. Bandwidth on Demand segment represented US $0.13 billion opportunity over 2019-2021 and estimated to create US $1.40 billion opportunity in 2027 over 2021.
Multi-Brach Connectivity
Multi-Brach Connectivity segment was valued at US $0.11 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $1.13 billion by 2027. Multi-Brach Connectivity segment represented US $0.09 billion opportunity over 2019-2021 and estimated to create US $0.92 billion opportunity in 2027 over 2021.
WAN Optimization
WAN Optimization segment was valued at US $0.05 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.53 billion by 2027. WAN Optimization segment represented US $0.04 billion opportunity over 2019-2021 and estimated to create US $0.44 billion opportunity in 2027 over 2021.
Secure Web Gateway
Secure Web Gateway segment was valued at US $0.04 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.36 billion by 2027. Secure Web Gateway segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.29 billion opportunity in 2027 over 2021.
Network Access Control
Network Access Control segment was valued at US $0.04 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.37 billion by 2027. Network Access Control segment represented US $0.03 billion opportunity over 2019-2021 and estimated to create US $0.30 billion opportunity in 2027 over 2021.
Other Applications
Other Applications segment was valued at US $0.00 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $0.04 billion by 2027. Other Applications segment represented US $0.00 billion opportunity over 2019-2021 and estimated to create US $0.03 billion opportunity in 2027 over 2021.
Region
Introduction
In 2021, North America segment has the highest revenue of US $3.38 billion and is expected to grow at CAGR of 28.89% by 2027 North America segment has highest cagr growth of 28.89%.
North America
North America segment was valued at US $1.91 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $18.74 billion by 2027. North America segment represented US $1.47 billion opportunity over 2019-2021 and estimated to create US $15.36 billion opportunity in 2027 over 2021.
Europe
Europe segment was valued at US $1.43 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $14.07 billion by 2027. Europe segment represented US $1.10 billion opportunity over 2019-2021 and estimated to create US $11.54 billion opportunity in 2027 over 2021.
Asia-Pacific
Asia-Pacific segment was valued at US $0.88 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $8.60 billion by 2027. Asia-Pacific segment represented US $0.67 billion opportunity over 2019-2021 and estimated to create US $7.05 billion opportunity in 2027 over 2021.
Middle East and Africa
Middle East and Africa segment was valued at US $0.50 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $4.92 billion by 2027. Middle East and Africa segment represented US $0.39 billion opportunity over 2019-2021 and estimated to create US $4.04 billion opportunity in 2027 over 2021.
Latin America
Latin America segment was valued at US $0.29 billion in 2019 and is projected to grow at 28.89% CAGR over the forecast period to reach US $2.88 billion by 2027. Latin America segment represented US $0.23 billion opportunity over 2019-2021 and estimated to create US $2.36 billion opportunity in 2027 over 2021.