The Network as a Service market is estimated to be driven by growing adoption of cloud-based networking technologies, rapid broadband penetration, investments in next-generation 5G network commercialization and surging demand for cost-effective networking solutions.
Naas technologies are gaining popularity among network operators primarily due to cost-effectiveness. Rise in number of network endpoints and mobile applications have put extreme pressure on the traditional network infrastructure. In order to meet such enterprise mobility demands along with ensuring an extended network computer science vs software engineering, enterprises are switching to SDN-enabled network as service, which aids in providing on-demand network services to customers.
In the current scenario, network virtualization is enabling enterprises to reduce their capital and operating expenditure required for managing and maintaining physical infrastructure. Shifting trends toward pay-per-use business model will aid customers to pay only for the network services they avail, thereby fostering Network as a Service share. Moreover, government regulations pertaining to data security & data privacy are anticipated to influence network as a service trends over the analysis period. In terms of revenue, Network as a Service Market is projected to be worth over 50 billion by 2025.
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