Global Network Engineering Services Market Size is expected to grow USD 78.7 billion with a CAGR of 17.1% by 2032
Research Reports
Jul 13, 2023
Market Research Future Insights
According to MRFR analysis, Global Network Engineering Services market is expected to register a CAGR of ~17.1% from 2022 to 2032 and hold a value of over USD 78.7 billion by 2032. the global network engineering services market is a rapidly growing industry that provides a wide range of services related to the design, implementation, optimization, and maintenance of network infrastructure. Network engineering services are essential for organizations to establish and maintain reliable and secure communication networks. The network engineering services market has been experiencing significant growth over the past decade. Increasing demand for high-speed internet connectivity, cloud-based services, and the proliferation of connected devices has been driving the market’s expansion.
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Key Players
- Cisco (US),
- IBM (US),
- Ericsson (Sweden),
- Huawei (China),
- Juniper Networks (US),
- HCL Technologies (India),
- Infosys (India),
- NTT Global Networks (US),
- Fujitsu (Japan),
- Cyient (Hyderabad),
- CSS Corp (US),
- Accenture (Ireland),
- Aviat Networks (US),
- AT&T (US),
- Wipro (India),
- TCS (India),
- Tech Mahindra (India),
- Mphasis (India),
- CODETRU (US),
- Inspira Enterprise (India),
- Advance Digital Systems (US),
- Nexius (US)
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Regional Analysis
North America is one of the leading regions in the network engineering services market. The United States and Canada are major contributors to the market growth in this region. The presence of a large number of enterprises and their increasing reliance on network infrastructure drive the demand for network engineering services. Advanced technologies like 5G, cloud computing, and IoT further boost the market growth in this region.
Europe holds a significant share in the network engineering services market. Countries such as the United Kingdom, Germany, France, and the Netherlands are the key contributors to market growth in this region. The presence of established industries, including IT, telecommunications, and manufacturing, drives the demand for network engineering services. The increasing adoption of digital transformation strategies by European businesses further fuels market growth.
Asia Pacific is a rapidly growing market for network engineering services. Countries like China, India, Japan, South Korea, and Australia are witnessing substantial growth in this market. The region’s booming IT sector, expanding telecommunications infrastructure, and the proliferation of smartphones drive the demand for network engineering services. Increasing investments in emerging technologies, such as 5G, AI, and cloud computing, contribute to the market growth in Asia Pacific.
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Market Segmentation
Global Network Engineering Services market has been segmented into Type, Vertical
Type: Network Assessment, Network Design, Network Deployment
vertical: Telecom, Banking, Financial services, Education, Energy and utilities, Healthcare
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