According to a research report "Network Engineering Services Market by Service Type (Network Assessment, Network Design, Network Deployment), Transmission Mode (Wired, Wireless), Organization Size (Large Enterprises, SMEs), Vertical and Region - Global Forecast to 2027" published by MarketsandMarkets, the global Network Engineering Services market size is expected to grow from USD 48.7 billion in 2022 to USD 76.3 billion in 2027, at a Compound Annual Growth Rate (CAGR) of 9.4% during the forecast period. The major factors driving the growth of the Network Engineering Services market include the shift toward digital transformation, increasing adoption of cloud-based solutions and need of online presence.
Browse 233 market data Tables and 47 Figures spread through 241 Pages and in-depth TOC on "Network Engineering Services Market by Service Type (Network Assessment, Network Design, Network Deployment), Transmission Mode (Wired, Wireless), Organization Size (Large Enterprises, SMEs), Vertical and Region - Global Forecast to 2027"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/network-engineering-services-market-56168897.html
The increase in network traffic and the need to support the technology demand is creating opportunities for network assistance. The much-need help to businesses for optimizing the network functionality and availability to achieve business goals by identifying the network’s capabilities, security vulnerabilities, and helping existing infrastructure to support new technologies, an increasing need to deploy networks tailored to meet current and future traffic demands are continuously creating demand for advanced network design adoption. The evolution in hybrid connectivity technology, cloud inclusion, secure remote access, and the need for effective network design drive the demand for network design engineering services.
Based on service type, the network deployment segment is projected to hold the largest market size during the forecast period
Network deployment helps enterprises to deploy new network ecosystems effectively and network solutions or applications in such a way that there is reduced disruption of work during deployment. Network deployment services assist in developing the network implementation plan based on developed detailed design, requirements, operational readiness, site requirements, installation solutions available, and other solution requirements. The network deployment process includes accurate scheduling of each site-specific action that is required prior to implementation; cloud and other platform requirements; third-party assistance and management; equipment delivery; assemble the components at each site; configure devices as appropriate; physical installation; the regulatory and industry compliances; and hardware, software, and integration testing.
Based on transmission mode, the wired segment is projected to be the fastest market during the forecast period
The significant advancement in wireless communication technology data will drive the wireless transmission mode segment to have the fastest market growth. This high growth rate of the wireless transmission mode can be attributed to the penetration of IoT, semiconductor technology into enterprises across verticals, and the increased demand for connectivity, low latency, high speed, and cost efficiency.
APAC is expected to grow at a higher CAGR during the forecast period
The APAC region will have extensive growth opportunities in the next 5 years. As the broadband and mobile infrastructure are improving in this region, the mobile workforce and BYOD trend are also gaining momentum. The region encompasses developed and developing economies, such as Australia, Japan, Singapore, China, India, New Zealand, and South Korea. The developed countries in this region are expected to experience significant growth because of greater technological infrastructures. Developing countries, on the other hand, are gradually adopting network engineering services to advance and streamline their business processes. Mphasis and Tech Mahindra are some of the companies headquartered in this region.
Major vendors operating in the network engineering services market include 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), Hughes Systique (US), CHR Solutions (US), Velocis Systems (India), IMMCO (US), Sincera (US), and Vertikal6 (US).).
Don’t miss out on business opportunities in Network Engineering Services Market. Speak to our analyst and gain crucial industry insights that will help your business grow.
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
USA : 1-888-600-6441