Security News > 2022 > February > NaaS market to reach $1,18,709.3 million by 2027

The growing impetus of the Global Network-as-a-Service Market is attributed to increasing adoption of cloud services among enterprises and augmentation in software-defined network.

Readiness towards the implementation and acceptance of advanced technology, strong research and development in the telecom industry, the surge in the number of cloud-based services and other factors are driving the Network as a Service market.

North America is projected to have the highest market share of 40% in the global network-as-a-service market in 2021.

UK holds the major share in the European NaaS market.

Europe network-as-a-service market holds a modest share of 25.5%, in the global network-as-a-service market in 2021.

Wide area network services segment contributed the major share of 37.1% in the Asia Pacific market with an increased demand for enhanced mobile services in network-as-a-service.

News URL

https://www.helpnetsecurity.com/2022/02/07/naas-market-2027/