Network As A Service Market

The Network as a Service (NaaS) market is expected to reach USD 59.44 billion by the end of the forecast period, registering a CAGR of 32.67%. The primary factors driving the growth of the NaaS market are an increase in new data center infrastructure globally, the adoption and implementation of the cloud for data storage, the introduction of Big Data analytics, and virtualization in the data center for workload mobility. The market is further influenced by the rising need for subscription (pay-per-use) based services and the increasing demand for cloud-based services.