Network-as-a-service Market To Project Huge Growth In Coming Years

 
SEATTLE - Aug. 16, 2019 - PRLog -- Network-as-a-service (NaaS) is the network transport connectivity used for delivering network services virtually over the internet on a metered service (pay-per-use). NaaS providers offer necessary network hardware to end users on subscription basis, which provides a complete network solution.

Adoption of cloud computing services and network virtualization has led to significant increase in data collected on various digital and social platforms. In cloud computing, the NaaS benefits in providing scalable, pluggable, and API (Application Programmer Interface) driven network management, where the users can deploy and manage their networks virtually. NaaS offers a networking framework that outspreads the cloud computing's on-demand and self-service provisioning model to the network service provider.

IT and telecommunication segment is expected to be dominant in the market over the forecast period, due to increasing deployment of cloud computing services. Therefore, increasing cloud computing services is driving adoption of cloud-based networking services, which offer the end-users on-demand network resources. The IT and telecom end-users are rapidly using networking and cloud technologies, which vary from checking of emails to managing the large volume of business data on the cloud.

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Kay players in the network-as-a-service ecosystem comprises solutions and service providers, such as Cisco Systems Inc., Juniper Networks, Inc., IBM Corp., NEC Corp., VMware, Aryaka Networks Inc., Alcatel Lucent, Brocade Communications Systems Inc., AT&T Inc., and Ciena Corporation.

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Tags:Network as service
Industry:Internet
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