According to a new report, published by KBV research, The Global Network as a Service Market size is expected to reach $117.14 billion by 2031, rising at a market growth of 25.2% CAGR during the forecast period.
Several trends are shaping the evolution of the market, reflecting changes in technology and business priorities. One notable trend is integrating artificial intelligence (AI) and machine learning (ML) into NaaS platforms. These technologies enable providers to offer predictive analytics, automated network optimization, and proactive issue resolution, enhancing the overall user experience.
The WAN as a Service segment is exhibiting a CAGR of 24.9 % during the forecast period. This growth can be attributed to the increasing adoption of cloud-based services and the rising need for scalable and flexible network solutions across enterprises. Organizations increasingly shift from traditional WAN infrastructure to software-defined WAN (SD-WAN) solutions to enhance connectivity, improve network security, and reduce operational costs.
The Corporate Customers segment captured the maximum revenue in the Global Network as a Service Market by End User in 2023, thereby, achieving a market value of $90.00 billion by 2031. Businesses across various industries increasingly adopt NaaS solutions to enhance operational efficiency, reduce infrastructure costs, and improve network security. The growing reliance on cloud computing, remote work solutions, and digital transformation initiatives has driven corporate demand for NaaS.
The Wide Area Network segment is experiencing a CAGR of 24.7 % during the forecast period. This is primarily due to the increasing adoption of cloud-based applications, remote work environments, and the need for seamless global connectivity. Businesses are shifting toward software-defined WAN (SD-WAN) solutions to enhance network agility, security, and cost-efficiency.
The Large Enterprise segment led the maximum revenue in the Global Network as a Service Market by Enterprise Type in 2023, thereby, achieving a market value of $63.07 billion by 2031. This dominance is driven by large organizations' extensive IT infrastructure requirements, which demand high-performance, secure, and scalable network solutions. Large enterprises increasingly adopt NaaS to enhance operational efficiency, support global connectivity, and reduce the complexities of managing traditional networking hardware.
The IT & Telecom segment is growing at a CAGR of 23.9 % during the forecast period. This dominance is driven by the increasing demand for scalable, high-speed, and secure network solutions to support cloud computing, 5G deployment, and data-intensive applications. Telecom providers leverage network as a service (NaaS) to enhance network management, reduce operational costs, and improve service delivery.
Full Report: https://www.kbvresearch.com/network-as-a-service-market/
The North America region dominated the Global Network as a Service Market by Region in 2023, thereby, achieving a market value of $46.49 billion by 2031. The Europe region is anticipated to grow a CAGR of 24.8% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 26.2% during (2024 - 2031).
By Type
By End User
By Application
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Unique Offerings 
