DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Network-as-a-Service Market by Component, Application (Bandwidth on Demand (BoD), Network Function Virtualization (NFV), V-CPE, Integrated Network Security as a Services), Type, Vertical, and Region - Global Forecast to 2021" report to their offering.
The market is projected to grow from USD 1.33 billion in 2016 to USD 9.65 billion by 2021, at a CAGR of 48.4% during the period
The market is being driven by factors, such as service providers' drive, to get away from low margin commodity services, to and value-added services. Lack of standardization in NaaS technology for internetwork Internet work interoperability and portability are restraining the market growth.
NFV, lessens the time to launch new networking services to aid dynamic business requirements and grab hold of new market opportunities. With advancements in NaaS technologies, NFV is evolving as one of the most promising networking technologies, which is on its way to redefine redefining networking, with an advanced approach of unleashing the data plane from the control plane, a coherent improvisation to the traditionally distributed control planes.
In rapidly growing economies, such as China and India, the growing demand for enhancing the supply chain operations and the governments' efforts to standardize the NaaS technology are some of the growth drivers for the market. Additionally, huge population, developing technology hubs, and affluent countries, such as South Korea, Singapore, and & Hong Kong have further enhanced growth prospects in this region.
Key Topics Covered:
2 Research Methodology
3. Executive Summary
4. Premium Insights
5. Market Overview
6. Industry Trends
7. Network As a Service Market Analysis, By Component
8. Network As a Service Market Analysis, By Application
9. Network As a Service Market Analysis, By Type
10. Network As a Service Market Analysis, By Vertical
11. Geographic Analysis
12. Competitive Landscape
13. Company Profiles
- AT&T, Inc.
- Alcatel Lucent
- Aryaka Networks, Inc.
- Brocade Communication Systems, Inc.
- Ciena Corporation
- Cisco Systems, Inc
- IBM Corporation
- Juniper Networks, Inc.
- Key Innovator: Mushroom Network
- NEC Corporation
For more information about this report visit http://www.researchandmarkets.com/research/9jltvq/networkasaservi