Global Network as a Service Market Scenario , Leading Players , Segments Analysis and Growth Drivers to 2022
Market Highlights
Network as a Service ( NaaS ) Market is expected to grow at CAGR of 28.4 % during the forecast period and expected to reach market size of US $ 126.8 Billion by the end of forecast period . The network as a service ( NaaS ) market is growing rapidly with the emerging need of connecting various devices wirelessly . The growing demand of the NB- IoT solutions among the enterprise companies help to increase the utilization of their assets in the optimum way , the usage of these solutions caters in creating the standardization in 3 rd generation partnership projects , provides robust authentication and for global coverage .
During the study it was found that the network function visualization ( NFV ) in the network as a service market is emerging rapidly . It enables the smartphone to interact with something in close proximity . It provides connectivity between two devices which are active at the same time and are able to send and receive data in the real time . The technology helps in transmission and receiving of data by the use of radio waves . This is followed by bandwidth on demand which is utilized for network connectivity service that allows the user to request bandwidth at the desired level as and when they are required . It also allows the individual to customize the connectivity parameter by providing the control to the user .
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Major Key Players in Network as a Service Market are
� Alcatel Lucent ( U . S .), � Brocade Communications Systems Inc . ( U . S .), � Ciena Corporation ( U . S ), � Cisco Systems ( U . S .), � IBM Corp . ( U . S .),
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