Network Engineering Services Market Size

The increasing number of connected devices, the increased requirement for new highly developed network infrastructure, and technological advancements in the field of Information and Communications Technology (ICT) are the major factors driving the market forwards. Such services are widely used in the ICT industry, which is expected to drive the market for network infrastructure among various businesses even further. With the growth of IoT across industries and the growth of communications technologies, there is a rising demand for advanced network infrastructure.

 

In addition, the dependence of growing data-based services on web hosting propels the growth of the market. However, the major restraint of the network engineering services market is the high price of the upgradation of software. Contrarily, the introduction of advanced networking solutions is expected to provide major growth opportunities for the growth of the market.

 

Network engineering is an important emerging engineering discipline that encompasses specific features of the digital network and services. The growth of the worldwide digital network and services has increased the demand and need for engineering graduates with core digital networking skills. Furthermore, network engineering services are utilized by various organizations to maintain the connectivity of networks in terms of data, calls, voice, videos, and wireless networks.

 

In addition, for the smooth operation of an organization, new technologies and applications are introduced on a regular basis. Maintaining and ensuring the effective execution of information and communication within and outside the organization requires computer network engineering.

 

Segment Review

 

The network engineering services market is segmented on the basis of service type, connectivity, enterprise size, industry vertical, and region. By service type, it is segmented into network design, network deployment, and network assessment. By connectivity, the market is divided into wired, and wireless. By enterprise size, it is bifurcated into large enterprise, and small and medium enterprise. By industry vertical, it is segmented into BFSI, IT & telecom, healthcare, manufacturing, education, media & entertainment, and others. By region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

 

On the basis of enterprise size, the large enterprise segment dominated the overall network engineering services market in 2021 and is expected to continue this trend during the forecast period. This is attributed to the complex communication demands of various large corporations needing custom networking solutions. However, the SMEs segment is expected to witness the highest growth owing to their growing technological investments and growing innovation, which is expected to further fuel the growth of the global network engineering services industry.

 

Region wise, the network engineering services market was dominated by North America in 2021, and is expected to retain its position during the forecast period, owing to its transforming technology and communications sector which is expected to drive the market for network engineering services within the region during the forecast period.

 

Asia-Pacific is expected to witness significant growth during the forecast period, owing to its growing digital capabilities and a highly competitive market space, which is anticipated to fuel the network engineering services industry growth in the region in the coming few years.

 

Market Share:

 

The network engineering services market was dominated by North America in 2021, owing to advancements in communications sector. The small & medium enterprise segment is expected to witness the highest market growth, owing to their growing technological investments and growing innovation.

 

By Service Type

 

⦁    Network Design
⦁    Network Deployment
⦁    Network Assessment

 

 

By Connectivity

 

⦁    Wireless
⦁    Wired

 

By Enterprise Size

 

⦁    Large Enterprise
⦁    Small and Medium Enterprise

 

By Industry Vertical

⦁    BFSI
⦁    IT and Telecom
⦁    Healthcare
⦁    Manufacturing
⦁    Education
⦁    Media and Entertainment

 

Key Market Players

 

Integration International, Inc., Datavision, Inc., Imagit Inc, Cyient, Mphasis, TATA Communications, Softnautics, Sincera Consulting LLC, PCS Technologies Inc., Infosys Limited.

Report Metric	Details
Report Name	Network Engineering Services Market
Accounted market size in 2021	$ 43.7 billion
Forecasted market size in 2031	$ 111.7 billion
CAGR	10.1%
Base Year	2021
Forecasted years	2024 - 2031
By Service Type	● Network Design ● Network Deployment ● Network Assessment
By Connectivity	● Wireless ● Wired
By Enterprise Size	● Large Enterprise ● Small and Medium Enterprise
By Industry Vertical	● BFSI ● IT and Telecom ● Healthcare ● Manufacturing ● Education ● Media and Entertainment ● Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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