PUBLISHER: KBV Research | PRODUCT CODE: 1709930
PUBLISHER: KBV Research | PRODUCT CODE: 1709930
The Europe Network as a Service Market would witness market growth of 24.8% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe 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 $6,965.2 million by 2031. The UK market is exhibiting a CAGR of 23.7% during (2024 - 2031). Additionally, The France market would experience a CAGR of 25.8% during (2024 - 2031).
NaaS's applications span various industries and use cases, making it a versatile tool for modern enterprises. One prominent application is supporting distributed workforces. As organizations expand globally or adopt flexible work arrangements, NaaS ensures employees can connect to corporate networks securely and efficiently from any location.
Another key application enables rapid network resource deployment for temporary or seasonal needs. For instance, retail businesses preparing for high-traffic events like holiday sales can scale their network bandwidth and security features without investing in permanent infrastructure. Similarly, event organizers can use NaaS to establish reliable, high-speed connectivity for conferences, festivals, or live-streamed events, dismantling the setup once the event concludes.
The market is growing rapidly, driven by the increasing need for scalable, cloud-based networking solutions that support digital transformation, automation, and data-intensive operations. In Europe and the UK, factors such as rising industrial production, digitalization, and the expansion of data-driven businesses are accelerating the adoption of NaaS. As industries modernize and businesses generate vast amounts of data, flexible, software-defined networking (SDN) solutions offered by NaaS are becoming essential to enhance connectivity, security, and operational efficiency. The EU's industrial production has seen a continuous upward trend, growing 8% in 2021 and 5% in 2022, with the value of sold production increasing by 19% to €6.179 trillion in 2022. This growth reflects increased manufacturing output, automation, and the adoption of Industry 4.0 technologies, which require highly secure, scalable, and reliable network infrastructures. As factories and industrial facilities integrate IoT, robotics, and AI-driven analytics, they demand low-latency, software-defined networking (SDN) solutions-a core feature of NaaS. Additionally, real-time data processing, remote monitoring, and cloud integration in Europe's manufacturing sector fuel NaaS adoption, ensuring cost-efficient and flexible networking capabilities for industrial enterprises. Thus, the expansion of Europe's industrial sector and the growth of data-driven businesses in the UK significantly contribute to the demand for NaaS solutions.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Network as a Service Market Report Segmentation
By Type
By End User
By Application
By Enterprise Type
By Industry
By Country