We are proud to have been ranked as a “leading innovator” in the latest MarketsandMarkets report on Networking as a Service, a market forecast to reach nearly USD $22 billion by 2023.
The report covers the Network as a Service (NaaS) market and the delivery of network services from third parties to business customers without the requirement for networking infrastructure. Major factors cited for driving the NaaS market include accelerated adoption of cloud services among large and small enterprises, the development of new data center infrastructures, and increased SDN integration with existing enterprise networks.
According to MarketsandMarkets, “The report analyzes global adoption trends, future growth potentials, key drivers, competitive outlook, restraints, opportunities, key challenges, and value chain analysis. This report also presents a detailed analysis, market sizing, and forecasting for the emerging subsegments within the NaaS market. The market is segmented by type, application, component, industry vertical, and region… Growth is expected to rise from USD 4,296.2 million in 2018 to USD 21,730.9 million by 2023, at a CAGR of 38.3%.”
Access the full report online at: https://www.marketsandmarkets.com/Market-Reports/network-as-a-service-market-94208411.html