
North America Network as a Service Market Size, Share & Trends Analysis Report By Type, (WAN as a Service and LAN as a Service). By End User, By Application, By Enterprise Type, By Industry, By Country and Growth Forecast, 2024 - 2031
Description
The North America Network as a Service Market would witness market growth of 24.5% CAGR during the forecast period (2024-2031).
The US market dominated the North America Network as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $33,377.5 million by 2031. The Canada market is experiencing a CAGR of 27% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 26.1% during (2024 - 2031).
The network as a service market represents a transformative shift in how organizations access, manage, and deploy network infrastructure. By leveraging a subscription-based model, NaaS allows businesses to outsource their networking needs to third-party providers, who deliver scalable, flexible, and efficient network solutions over the internet.
NaaS is built on the foundation of virtualization and cloud computing, drawing parallels with other “as-a-service” models like software as a Service (SaaS) and Infrastructure as a Service (IaaS). It allows businesses to tailor network resources to their specific requirements, whether for short-term projects or long-term operational needs.
The market is expanding globally, driven by increasing digital transformation, the adoption of cloud-based networking, and the growing demand for scalable, cost-efficient network solutions. The U.S. telecom industry’s revenue from internet access services increased by 46.3% between 2015 and 2022, reaching $115.8 billion. This surge is driven by higher demand for high-speed internet, 5G expansion, and the shift toward wireless-only households—which rose from 47.7% in 2015 to 72.6% in 2022. The Canadian government has pledged $198.6 billion over ten years to enhance healthcare services, including $46.2 billion in new funding. As hospitals and healthcare providers increasingly adopt telemedicine, AI-powered diagnostics, and electronic health records (EHRs), there is a growing demand for secure, high-speed network solutions. Mexico’s retail industry, valued at $76 billion, is dominated by major players like Walmart de Mexico, which controlled 66.4% of supermarket sales in 2021. In conclusion, the growth of the U.S. telecom industry, Canada’s healthcare investments, and Mexico’s booming retail sector are key drivers of NaaS adoption in North America.
Based on Type, the market is segmented into WAN as a Service and LAN as a Service. Based on End User, the market is segmented into Corporate Customers and Individual Customers. Based on Application, the market is segmented into Wide Area Network, Cloud-based Services, Virtual Private Network, Bandwidth on Demand, and Other Application. Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on Industry, the market is segmented into IT & Telecom, BFSI, Manufacturing, Retail, Healthcare, and Other Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
By Type
The US market dominated the North America Network as a Service Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $33,377.5 million by 2031. The Canada market is experiencing a CAGR of 27% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 26.1% during (2024 - 2031).
The network as a service market represents a transformative shift in how organizations access, manage, and deploy network infrastructure. By leveraging a subscription-based model, NaaS allows businesses to outsource their networking needs to third-party providers, who deliver scalable, flexible, and efficient network solutions over the internet.
NaaS is built on the foundation of virtualization and cloud computing, drawing parallels with other “as-a-service” models like software as a Service (SaaS) and Infrastructure as a Service (IaaS). It allows businesses to tailor network resources to their specific requirements, whether for short-term projects or long-term operational needs.
The market is expanding globally, driven by increasing digital transformation, the adoption of cloud-based networking, and the growing demand for scalable, cost-efficient network solutions. The U.S. telecom industry’s revenue from internet access services increased by 46.3% between 2015 and 2022, reaching $115.8 billion. This surge is driven by higher demand for high-speed internet, 5G expansion, and the shift toward wireless-only households—which rose from 47.7% in 2015 to 72.6% in 2022. The Canadian government has pledged $198.6 billion over ten years to enhance healthcare services, including $46.2 billion in new funding. As hospitals and healthcare providers increasingly adopt telemedicine, AI-powered diagnostics, and electronic health records (EHRs), there is a growing demand for secure, high-speed network solutions. Mexico’s retail industry, valued at $76 billion, is dominated by major players like Walmart de Mexico, which controlled 66.4% of supermarket sales in 2021. In conclusion, the growth of the U.S. telecom industry, Canada’s healthcare investments, and Mexico’s booming retail sector are key drivers of NaaS adoption in North America.
Based on Type, the market is segmented into WAN as a Service and LAN as a Service. Based on End User, the market is segmented into Corporate Customers and Individual Customers. Based on Application, the market is segmented into Wide Area Network, Cloud-based Services, Virtual Private Network, Bandwidth on Demand, and Other Application. Based on Enterprise Type, the market is segmented into Large Enterprise and Small & Medium Enterprise. Based on Industry, the market is segmented into IT & Telecom, BFSI, Manufacturing, Retail, Healthcare, and Other Industry. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Amdocs Limited
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Hewlett Packard Enterprise Company
- NEC Corporation
- Cisco Systems, Inc.
- Cloudflare, Inc.
- Verizon Communications, Inc.
- Juniper Networks, Inc.
- AT&T, Inc.
- IBM Corporation
By Type
- WAN as a Service
- LAN as a Service
- Corporate Customers
- Individual Customers
- Wide Area Network
- Cloud-based Services
- Virtual Private Network
- Bandwidth on Demand
- Other Application
- Large Enterprise
- Small & Medium Enterprise
- IT & Telecom
- BFSI
- Manufacturing
- Retail
- Healthcare
- Other Industry
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
154 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Network as a Service Market, by Type
- 1.4.2 North America Network as a Service Market, by End User
- 1.4.3 North America Network as a Service Market, by Application
- 1.4.4 North America Network as a Service Market, by Enterprise Type
- 1.4.5 North America Network as a Service Market, by Industry
- 1.4.6 North America Network as a Service Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis - Global
- 4.1 KBV Cardinal Matrix
- 4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
- 4.3 Market Share Analysis, 2023
- 4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2023, Nov – 2025, Feb) Leading Players
- 4.5 Porter Five Forces Analysis
- Chapter 5. North America Network as a Service Market by Type
- 5.1 North America WAN as a Service Market by Region
- 5.2 North America LAN as a Service Market by Region
- Chapter 6. North America Network as a Service Market by End User
- 6.1 North America Corporate Customers Market by Country
- 6.2 North America Individual Customers Market by Country
- Chapter 7. North America Network as a Service Market by Application
- 7.1 North America Wide Area Network Market by Country
- 7.2 North America Cloud-based Services Market by Country
- 7.3 North America Virtual Private Network Market by Country
- 7.4 North America Bandwidth on Demand Market by Country
- 7.5 North America Other Application Market by Country
- Chapter 8. North America Network as a Service Market by Enterprise Type
- 8.1 North America Large Enterprise Market by Country
- 8.2 North America Small & Medium Enterprise Market by Country
- Chapter 9. North America Network as a Service Market by Industry
- 9.1 North America IT & Telecom Market by Country
- 9.2 North America BFSI Market by Country
- 9.3 North America Manufacturing Market by Country
- 9.4 North America Retail Market by Country
- 9.5 North America Healthcare Market by Country
- 9.6 North America Other Industry Market by Country
- Chapter 10. North America Network as a Service Market by Country
- 10.1 US Network as a Service Market
- 10.1.1 US Network as a Service Market by Type
- 10.1.2 US Network as a Service Market by End User
- 10.1.3 US Network as a Service Market by Application
- 10.1.4 US Network as a Service Market by Enterprise Type
- 10.1.5 US Network as a Service Market by Industry
- 10.2 Canada Network as a Service Market
- 10.2.1 Canada Network as a Service Market by Type
- 10.2.2 Canada Network as a Service Market by End User
- 10.2.3 Canada Network as a Service Market by Application
- 10.2.4 Canada Network as a Service Market by Enterprise Type
- 10.2.5 Canada Network as a Service Market by Industry
- 10.3 Mexico Network as a Service Market
- 10.3.1 Mexico Network as a Service Market by Type
- 10.3.2 Mexico Network as a Service Market by End User
- 10.3.3 Mexico Network as a Service Market by Application
- 10.3.4 Mexico Network as a Service Market by Enterprise Type
- 10.3.5 Mexico Network as a Service Market by Industry
- 10.4 Rest of North America Network as a Service Market
- 10.4.1 Rest of North America Network as a Service Market by Type
- 10.4.2 Rest of North America Network as a Service Market by End User
- 10.4.3 Rest of North America Network as a Service Market by Application
- 10.4.4 Rest of North America Network as a Service Market by Enterprise Type
- 10.4.5 Rest of North America Network as a Service Market by Industry
- Chapter 11. Company Profiles
- 11.1 Amdocs Limited
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.5.3 Acquisition and Mergers:
- 11.1.6 SWOT Analysis
- 11.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Recent strategies and developments:
- 11.2.4.1 Partnerships, Collaborations, and Agreements:
- 11.2.5 SWOT Analysis
- 11.3 Hewlett Packard Enterprise Company
- 11.3.1 Company Overview
- 11.3.2 Financial Analysis
- 11.3.3 Segmental and Regional Analysis
- 11.3.4 Research & Development Expense
- 11.3.5 SWOT Analysis
- 11.4 NEC Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Product Launches and Product Expansions:
- 11.4.5.2 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 Cisco Systems, Inc.
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 SWOT Analysis
- 11.6 Cloudflare, Inc.
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Regional Analysis
- 11.6.4 Research & Development Expense
- 11.6.5 SWOT Analysis
- 11.7 Verizon Communications, Inc.
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental Analysis
- 11.7.4 SWOT Analysis
- 11.8 Juniper Networks, Inc.
- 11.8.1 Company Overview
- 11.8.2 Financial Analysis
- 11.8.3 Regional Analysis
- 11.8.4 Research & Development Expenses
- 11.8.5 SWOT Analysis
- 11.9 AT&T, Inc.
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 SWOT Analysis
- 11.10. IBM Corporation
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional & Segmental Analysis
- 11.10.4 Research & Development Expenses
- 11.10.5 SWOT Analysis
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