Report Published: "Global Network as a Service Market 2016-2020"

NaaS is a virtual networking business model that refers to the delivery of networking resources, services, and applications over the Internet. Clients include individual businesses and enterprises that compensate the service provider on a pay-per-use basis. NaaS (or cloud-based electronic networking) has emerged as a new way to build cost-effective, dynamic, and flexible business networks that addresses the challenges of a rapidly evolving enterprise IT landscape. Cloud-based networking systems have moved traditional network functions and services (such as connectivity, management and control, security, and other network service functions) into the cloud based on network virtualization principles. This technology eliminates the need for capital investment (on the part of clients) to purchase network infrastructure. NaaS offers on-demand network services based on business requirements and helps in optimal bandwidth utilization with minimal downtime. The technology offers many of the benefits of other cloud-based IT services, such as rapid deployment, built-in scalability, no upfront costs, easy administration, and improved accessibility and mobility.

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Technavio's analysts forecast the network-as-a-service market to grow at a CAGR of 35.76% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global network-as-a-service marke for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud WAN services, such as business-class Internet, WAN optimization, security, and application policy control.

The market is divided into the following segments based on geography:

* Americas
* APAC
* Europe

Technavio's report, Global Network-as-a-service Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Cisco
* IBM
* Juniper Networks
* VMware

Other prominent vendors

* Aerohive Networks
* Akamai Technologies
* Aryaka Networks
* CloudGenix
* Fatpipe Networks
* HP
* Intellipath
* Netcraftsmen
* Pertino
* Silver Peak Systems
* Talari Networks
* VeloCloud
* Viptela

Market driver

* Shift from CAPEX to OPEX model
* For a full, detailed list, view our report

Market challenge

* Data security and privacy concerns
* For a full, detailed list, view our report

Market trend

* Increasing adoption of software-defined networking
* For a full, detailed list, view our report

Key questions answered in this report

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