Network Engineering Services are used by enterprises to maintain network analytics connectivity in terms of calls, data, videos, and voice. The service providers implement and execute the complete computer networks in an organization. It is provided to deliver improved performance and secure & robust network infrastructure to the firms.
The size of the global market for network engineering services was estimated at USD 39.90 billion in 2021 and is projected to grow at a compound annual growth rate (CAGR) of 9.9% to reach USD 90.02 billion in 2030.
.jpg
"The Global Network Engineering Services Market 2020-2030 (USD Billion)")
The aim of the report is to estimate the size of the market for Network Engineering Services and the future growth potential of the market for Network Engineering Services across various segments, such as Service Type, Transmission Mode, Organization Size, and End-Use.
The base year considered for the analysis is 2019 and from 2020 to 2025 the market size is estimated. Increasing business's focus toward enhancing value chain management, reducing production costs, gaining competitive skills, and delivering higher customer satisfaction, and improving internal functioning, has substantially escalated the industry growth.
In the service type, the network design services is anticipated to hold a substantial share. Network design is a crucial component of the services. The emerging technology landscape has mandated firms to maintain updated with the latest technologies, in order to offer an improved customer value proposition. Therefore, the rising demand for effective and flexible network design is augmenting the service demand.
In addition, North America is expected to hold a significant share, on account of the inclination toward the adoption of emerging technologies. Its strong financial cloud position, in comparison to other regions, enables it to invest heavily in the deployment of the leading technologies and machine tools to ensure effective business operations. The presence of multiple players in the region offering services has further complemented the industry growth in the region.
Network Engineering Services Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | USD 90.02 billion |
| Growth Rate | CAGR of 9.9% during 2020-2030 |
| Segment Covered | Service Type, Transmission, Organization, End-Use, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | Cisco Systems, Accenture, Juniper Networks, IBM, Aviat Networks, Tech Mahindra, Ericsson, Huawei, Fujitsu, and Dell. |
Key Segments of the Global Network Engineering Services Market
Service Type Overview, (USD Million)
- Network Assessment
- Network Design
- Network Deployment
Transmission Mode Overview, (USD Million)
- Wired
- Hybrid Wireless
Organization Size Overview, (USD Million)
- Large Enterprises
- SMEs
End-Use Overview (USD Million)
- BFSI
- Retail
- Media & Entertainment
- Healthcare
- Telecom & IT
- Others
Regional Overview,(USD Million)
North America
- U.S.
- Canada
Europe
- UK
- Germany
- France
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
South America
- Brazil
- Rest of South America
Important Companies in Global Network Engineering Services market
- Accenture
- Ericsson
- IBM
- Huawei
- Juniper Networks
- Dell
- Cisco
- Fujitsu
- Aviat Networks
- Tech Mahindra
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of Network Engineering Services Market Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on Network Engineering Services Market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the field service management industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on solution, service, and industry End-Use. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global Network Engineering Services Market. The report will benefit: Every stakeholder involved in the Network Engineering Services Market.
- Managers within the field service management industry looking to publish recent and forecasted statistics about Network Engineering Services Market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global Network Engineering Services Market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Frequently Asked Questions (FAQ) :
The Global network engineering services Market is Segmented on the basis of Service Type,End-Use,Regions.
The base year for the report is 2023 in network engineering services market
Asia Pacific dominated the market for network engineering services market and accounted for the largest revenue share.