Network as a Service Market

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.