Global Network as a Service Top Major Players 2025, Forecast To 2034

12 Mar, 2025

What Is The Current and Historic Market Size Analysis Of Network as a Service Market?

The network as a service market has seen considerable growth due to a variety of factors.
• The size of the Network as a Service market has seen a rapid expansion in the past few years. It is expected to rise from $25.71 billion in 2024, reaching $33 billion by 2025, reflecting a Compound Annual Growth Rate (CAGR) of 28.4%.
The considerable growth during the historic period can be related to the growing need for scalable solutions, cost-effectiveness, and the increase in remote working.

What Is the Forecasted Market Size and Growth Rate for The Network as a Service Market?

The network as a service market is expected to maintain its strong growth trajectory in upcoming years.
• Projections indicate a significant surge in the network as a service market in the forthcoming years, with its value projected to reach $106.74 billion by 2029, boasting a compound annual growth rate (CAGR) of 34.1%.
This robust growth throughout the forecast period is expected to be fueled by various factors such as the proliferation of edge computing, increased security and adherence to regulatory compliance, the need for industry-specific networking solutions, as well as the adaptation of flexible subscription models. Notable trends predicted for the forecast period include the integration of 5G, the rise in digital transformation agendas, the embrace of software-defined networking (SDN), the advent of network security as a service (SECaaS), and improvements in network analytics and intelligence.

Gain Insights Into The Network as a Service Global Market Report 2025 With A Free Sample Report Here:

Which Key Drivers Are Propelling Th Network as a Service Market's Growth?

The increase in the use of cloud-based applications across businesses is likely to drive the expansion of the network as a service market. These applications utilize cloud computing for data storage. The rise in internet usage due to more people staying at home has heightened the need for network connections with faster speeds. Network as a service caters to this demand by using cloud computing to allow customers to manage their networks with the deployment of cloud-based applications, ensuring direct and secure access to the network infrastructure. For example, projections for 2023 suggest that the United States will be the largest public cloud market, with anticipated expenditure reaching $697 billion by 2027. Western Europe is predicted to be the second-largest market, with a forecasted investment total of $273 billion. China, predicted to be the third largest market, is expected to reach a spending amount of $117 billion by 2027. Hence, the expanding usage of cloud-based applications throughout businesses propels the growth of the network as a service market.

What Are The Main Segments Of The Global Network as a Service Market?

The network as a service market covered in this report is segmented –
1) By Type: LAN as a Service, WAN as a Service, Bandwidth on Demand (BoD), VPN as a Service, Managed Services
2) By Enterprise Size: Large Enterprises, SMEs
3) 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 Subsegments:
1) By LAN as a Service (LaaS): Virtual LAN Services, Network Configuration and Management
2) By WAN as a Service (WaaS): Software-Defined WAN (SD-WAN), Wide Area Network Optimization
3) By Bandwidth on Demand (BoD): Dynamic Bandwidth Allocation, Pay-As-You-Go Bandwidth Services
4) By VPN as a Service: Secure Remote Access VPN, Site-to-Site VPN, VPN for Mobile Users
5) By Managed Services: Network Monitoring and Management, Security as a Service, Network Optimization and Support Services

Pre-Book The Network as a Service Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:

What Emerging Trends Are Influencing The Growth Of The Network as a Service Market Landscape?

In the network as a service sector, leading firms are introducing cutting-edge products, such as digital orchestrations, with the aim of expanding their customer reach, augmenting sales, and boosting revenue. Digital orchestration encompasses the harmonization, consolidation, and control of different digital assets, procedures, and technology to realize a particular result or objective. For example, UK telecom operator BT Group PLC debuted Global Fabric in October 2023. Operating on a network-as-a-service model, Global Fabric underlines the significance of adaptability, scalability, and resiliency in connectivity. Its design enables customers to utilize digital automation and AI through a convenient pay-as-you-use system. Its unique attribute is that it provides customers with the power to choose and administer their preferred connectivity for applications and workloads, giving them control over routes as they traverse the network. BT maintains that this control promotes improved application performance, effective cost management, and alignment with regulatory data transit norms.

What Is The Most Dominant Region In The Network as a Service Market?

North America was the largest region in the network as a service market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the network as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.