Network as a Service Market to Grow at a Significant CAGR of 23.5% During Forecast Period; Eliminating Need to Buy Physical Networking Infrastructures to Propel Market Growth

The global network as a service market size was valued at USD 28.25 billion in 2025. The market is projected to grow from USD 34.58 billion in 2026 to USD 187.18 billion by 2034, exhibiting a CAGR of 23.5% during the forecast period.

Fortune Business Insights™ presents this information in its report titled, “Network as a Service Market Size, Share & Industry Analysis, By Type (WAN as a Service and LAN as a Service), By Enterprise Type (Small and Medium Enterprises and Large Enterprises), By Application (Wide Area Network, Virtual Private Network, Cloud Based Services, Bandwidth on Demand, and Others), By End User (Corporate Customers and Individual Customers), By Industry (Corporate Customers) (BFSI, IT & Telecom, Manufacturing, Healthcare, Retail, and Others), and Regional Forecast, 2026 – 2034”.

Network as a Service (NaaS) is a cloud-based service that allows you to pay for networking capabilities on a monthly or volume basis and deploy, manage, and consume them as needed. This eliminates the need to buy physical networking infrastructures or run complicated hardware in order to provide an organization with a variety of networking services, including connection, bandwidth, and security, when needed.

AT&T Inc. Commits to Fuel Cloud and NaaS Network Expansion Across U.S.

March 2026: In order to enable the expansion of cloud-managed and Naas-based enterprise networking services, AT&T Inc. announced a USD 250 billion long-term investment commitment to build fiber, 5G, and next-generation broadband infrastructure throughout the U.S. The investment is intended to improve AI-driven network operations, SD-WAN adoption, and secure connection.

Need for Software-Defined, Scalable, and Adaptable Networking Solutions to Drive Market Growth

Many businesses are choosing cloud-first or hybrid IT environments, where some of their workloads and apps are on-premises or in data centers, some are in private clouds, and some are in public clouds. As a result, businesses are constantly in need of software-defined, scalable, and adaptable networking solutions to satisfy their evolving business requirements, all of which contribute to the network as a service market growth.

However, growing compliance concerns and data security, hamper market growth.

Major Players are Propelling NaaS Growth Through 5G and Secure Connectivity

With major players including Verizon Communication Inc., AT&T Inc., Lumen Technologies, Inc., BT Group plc, and Vodafone Group Plc holding prominent positions, the global market has a semi-consolidated market structure. Through ongoing investments in cloud-managed networking, SD-WAN, SASE, private 5G, and secure enterprise connectivity solutions, these businesses are propelling the expansion of network as a service market. Businesses are able to manage distributed networks with increased scalability, dependability, and operational efficiency thanks to technological advancements including edge computing, network virtualization, AI driven network automation, and zero-trust security.

Notable Industry Development

• April 2025: Hewlett Packard Enterprise added new virtual private cloud and on-premised deployment options to HPE Aruba Networking Central for businesses that require more robust data sovereignty, security, and regulatory control. By providing AI-powered network management across public Saas, dedicated VPC, on-premises, and NaaS deployment types, this enhances the company’s positioning.

List of Key Companies Profiled in the Report

• Verizon Communications Inc. (U.S.)
• AT&T Inc. (U.S.)
• Lumen Technologies, Inc. (U.S.)
• BT Group plc (U.K.)
• Vodafone Group Plc (U.K.)
• Hewlett Packard Enterprise Company (U.S.)
• Tata Communications Limited (India)
• Megaport Limited (Australia)
• Telefónica, S.A. (Spain)
• Cisco Systems, Inc. (U.S.)

To get a detailed report summary and research scope of this market, click here:

https://www.fortunebusinessinsights.com/network-as-a-service-market-106700

Further Report Findings

• North America dominates the network as a service market share. This growth is propelled by the region’s robust enterprise adoption of cloud networking, SD-Wan, SASE, and subscription-based network infrastructure, particularly in the U.S. and Canada. Large-scale broadband developments also help in the region’s growth.   
• Europe holds a significant share in the network as a service market due to SD-WAN/SASE migration, growing enterprise cloud use, and the need for adaptable OpEx-based networking across dispersed offices and cloud workloads. Telecom-led network upgrading and consumption-based business connectivity also contribute to the region’s market expansion.