Network as a Service Market Size, Share and Global Market Forecast to 2027
Network as a service Market The Network as a Service Market is projected to expand at a healthy CAGR of 29.9% over the forecast period and expected to reach USD 48,713 million by 2027. The factors driving the growth of Network as a service Market includes growing demand for cloud computing, rising adoption of 5G Network Services and Internet of Things and increase in the number of new data infrastructure across the globe. According to the report published by Bloomberg, the global 5G services market is anticipated to reach USD 1.67 trillion by 2030, growing at a CAGR of 52.0% during the forecast period (2022-2030), which will boost the Network as a Service Market size in the upcoming years. Moreover, the emerging demand for virtual resource-sharing platforms and NFV- based solutions and Cloud-based services ability to improve scalability and mobility, are some of the additional factors influencing the growth of Network as a service Market. In addition, the increasing demand for ...