Network Engineering Services Market
PUBLISHED: 2024 ID: SMRC27074
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Network Engineering Services Market

Network Engineering Services Market Forecasts to 2030 - Global Analysis By Service Type (Managed Services, Professional Services and Other Service Types), Transmission Mode, Organization Size, Deployment Mode, End User and By Geography

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4.1 (89 reviews)
Published: 2024 ID: SMRC27074

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Network Engineering Services Market is accounted for $57.8 billion in 2024 and is expected to reach $110.0 billion by 2030 growing at a CAGR of 11.3% during the forecast period. Network engineering services encompass the planning, implementation, and management of computer networks, ensuring connectivity and performance for data, voice, video, and wireless communications. These services are critical for organizations as they provide the infrastructure necessary for seamless IT operations. Network engineers, often regarded as network architects, are responsible for designing network configurations, troubleshooting issues, and enhancing security measures.

According to 2023 research by Hewlett Packard Enterprise Development LP’s HPE Aruba Networking, 44% of the surveyed 2,100 IT leaders primarily consider the network as a tool for digital transformation.

Market Dynamics: 

Driver: 

Growing demand for automated network design

The demand for automated network design in the market is rapidly increasing due to the growing complexity of network infrastructures and the need for efficient management. As businesses embrace digital transformation, technologies such as IoT, cloud computing, and edge computing necessitate scalable and robust network solutions. This shift towards automation is crucial for organizations seeking to optimize their network capabilities while ensuring security and reliability in an ever-evolving technological landscape.

Restraint:

Complexity of modern network infrastructure

The complexity of modern network infrastructure negatively impacts the market by increasing management challenges and operational costs. As networks become more intricate, integrating diverse technologies and protocols complicates configuration and maintenance, leading to higher resource demands. Consequently, organizations may face prolonged downtimes and inefficient troubleshooting, ultimately affecting their performance and reliability in an increasingly digital landscape.

Opportunity:

Rising adoption of cloud computing services

The rising adoption of cloud computing services is significantly impacting the market, as organizations increasingly migrate their data and workloads to cloud infrastructures. This transition allows for enhanced scalability, enabling network engineers to adjust resources based on demand, thus optimizing performance and reducing capital expenditures associated with traditional hardware. Additionally, cloud computing facilitates global service delivery, further driving the demand for specialized network engineering services.

Threat:

Increase in cyber threats

The increase in cyber threats significantly hampers the market by escalating security concerns and operational complexities. As organizations face sophisticated attacks such as ransomware, phishing, and data breaches, the demand for robust security measures intensifies. Consequently, the heightened focus on cybersecurity diverts resources and attention from other critical network functions, potentially leading to vulnerabilities and increased costs associated with implementing and maintaining secure network infrastructures.

Covid-19 Impact: 

The COVID-19 pandemic significantly impacted the market by accelerating the demand for remote work and cloud-based solutions. Lockdowns and social distancing measures heightened the need for robust, scalable network infrastructure to support increased remote operations and secure communications. Additionally, the pandemic disrupted global supply chains and project timelines, creating challenges in service delivery and project implementation, but also spurred innovation and digital transformation.

The managed services segment is expected to be the largest during the forecast period

The managed services is expected to be the largest during the forecast period. Managed services providers offer comprehensive solutions for monitoring, maintenance, and optimization of network infrastructure. Businesses are recognizing the value of leveraging managed services to streamline operations, enhance reliability, security, and performance, while focusing on their core activities. This trend reflects the growing complexity of network infrastructure and the need for specialized expertise to manage it effectively.

The manufacturing segment is expected to have the highest CAGR during the forecast period

The manufacturing segment is expected to have the highest CAGR during the forecast period. Network engineers play a crucial role in designing and maintaining these advanced systems, ensuring seamless connectivity and data flow. The integration of 5G technology further enhances the capabilities of manufacturing networks, enabling real-time monitoring and improved operational efficiency. As the manufacturing sector continues to digitize, the need for specialized network engineering services will continue to rise, driving market expansion.

Region with largest share:

North America is projected to hold the largest market share during the forecast period. The region's early adoption of innovative solutions, such as cloud computing and IoT, enhances the demand for specialized network services. Major players are investing in 5G technology and network optimization to meet evolving needs. The market is characterized by competitive dynamics, with a focus on innovative solutions and enhanced service delivery across various industries.

Region with highest CAGR:

Asia Pacific is projected to hold the highest CAGR over the forecast period due to increased digitalization, the rise of 5G technology, and the growing demand for cloud services. Rapid urbanization and technological advancements are driving investments in network infrastructure and cybersecurity. As businesses and governments invest heavily in modernizing their network infrastructure to support digital initiatives, there is a growing emphasis on network optimization, managed services, and cybersecurity solutions.

Key players in the market

Some of the key players in Network Engineering Services market include Cisco Systems, Inc., Hewlett Packard Enterprise (HPE), Ericsson, Nokia Corporation, Huawei Technologies Co., Ltd., Dell Technologies, IBM Corporation, Fujitsu Limited, Verizon Communications Inc., AT&T Inc., Tata Consultancy Services (TCS), Wipro Limited, Infosys Limited, Tech Mahindra Limited, Accenture plc, Capgemini SE, Cognizant Technology Solutions and HCL Technologies.

Key Developments:

In August 2024, Bounteous x Accolite, a global digital transformation services consultancy, has signed an agreement to utilize Nokia’s Network as Code platform with developer portal, with the aim of creating new use cases in areas like health care and gaming that harness 5G network capabilities.

In May 2024, CGI and Nokia Corporation have signed an agreement that deepens their strategic partnership, combining leading-edge 5G private wireless networking technology with CGI business services and solutions. This will enable the accelerated delivery and efficient operation of industry leading digital solutions for connected, real-time, data-driven business operations.

Service Types Covered:
• Managed Services
• Professional Services
• Other Service Types

Transmission Modes Covered:
• Wired
• Wireless

Organization Sizes Covered:
• Small and Medium Enterprises (SMEs)
• Large Enterprises

Deployment Modes Covered:
• On-Premises
• Cloud-Based

End Users Covered:
• IT and Telecommunications
• Healthcare
• Government and Public Sector
• Manufacturing
• Retail
• Energy and Utilities
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface           
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 End User Analysis         
 3.7 Emerging Markets         
 3.8 Impact of Covid-19         
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Network Engineering Services Market, By Service Type     
 5.1 Introduction         
 5.2 Managed Services         
  5.2.1 Operations Support        
  5.2.2 Network Monitoring & Maintenance      
 5.3 Professional Services        
  5.3.1 Design & Planning        
  5.3.2 Network Optimization       
  5.3.3 Implementation        
  5.3.4 Integration        
 5.4 Other Service Types         
            
6 Global Network Engineering Services Market, By Transmission Mode     
 6.1 Introduction         
 6.2 Wired          
  6.2.1 Ethernet         
  6.2.2 Copper Cables        
  6.2.3 Fiber Optics        
 6.3 Wireless          
  6.3.1 Wi-Fi         
  6.3.2 Cellular         
  6.3.3 Satellite Communication       
            
7 Global Network Engineering Services Market, By Organization Size     
 7.1 Introduction         
 7.2 Small and Medium Enterprises (SMEs)       
 7.3 Large Enterprises         
            
8 Global Network Engineering Services Market, By Deployment Mode     
 8.1 Introduction         
 8.2 On-Premises         
 8.3 Cloud-Based         
            
9 Global Network Engineering Services Market, By End User      
 9.1 Introduction         
 9.2 IT and Telecommunications        
 9.3 Healthcare         
 9.4 Government and Public Sector        
 9.5 Manufacturing         
 9.6 Retail          
 9.7 Energy and Utilities         
 9.8 Other End Users         
            
10 Global Network Engineering Services Market, By Geography      
 10.1 Introduction         
 10.2 North America         
  10.2.1 US         
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe          
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe        
 10.4 Asia Pacific         
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand        
  10.4.6 South Korea        
  10.4.7 Rest of Asia Pacific        
 10.5 South America         
  10.5.1 Argentina        
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia        
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa        
  10.6.5 Rest of Middle East & Africa       
            
11 Key Developments          
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions         
 11.5 Other Key Strategies        
            
12 Company Profiling          
 12.1 Cisco Systems, Inc.         
 12.2 Hewlett Packard Enterprise (HPE)       
 12.3 Ericsson          
 12.4 Nokia Corporation         
 12.5 Huawei Technologies Co., Ltd.        
 12.6 Dell Technologies         
 12.7 IBM Corporation         
 12.8 Fujitsu Limited         
 12.9 Verizon Communications Inc.        
 12.10 AT&T Inc.          
 12.11 Tata Consultancy Services (TCS)       
 12.12 Wipro Limited         
 12.13 Infosys Limited         
 12.14 Tech Mahindra Limited        
 12.15 Accenture plc         
 12.16 Capgemini SE         
 12.17 Cognizant Technology Solutions       
 12.18 HCL Technologies         
            
List of Tables           
1 Global Network Engineering Services Market Outlook, By Region (2022-2030) ($MN)   
2 Global Network Engineering Services Market Outlook, By Service Type (2022-2030) ($MN)   
3 Global Network Engineering Services Market Outlook, By Managed Services (2022-2030) ($MN)  
4 Global Network Engineering Services Market Outlook, By Operations Support (2022-2030) ($MN)  
5 Global Network Engineering Services Market Outlook, By Network Monitoring & Maintenance (2022-2030) ($MN) 
6 Global Network Engineering Services Market Outlook, By Professional Services (2022-2030) ($MN)  
7 Global Network Engineering Services Market Outlook, By Design & Planning (2022-2030) ($MN)  
8 Global Network Engineering Services Market Outlook, By Network Optimization (2022-2030) ($MN)  
9 Global Network Engineering Services Market Outlook, By Implementation (2022-2030) ($MN)   
10 Global Network Engineering Services Market Outlook, By Integration (2022-2030) ($MN)   
11 Global Network Engineering Services Market Outlook, By Other Service Types (2022-2030) ($MN)  
12 Global Network Engineering Services Market Outlook, By Transmission Mode (2022-2030) ($MN)  
13 Global Network Engineering Services Market Outlook, By Wired (2022-2030) ($MN)    
14 Global Network Engineering Services Market Outlook, By Ethernet (2022-2030) ($MN)   
15 Global Network Engineering Services Market Outlook, By Copper Cables (2022-2030) ($MN)   
16 Global Network Engineering Services Market Outlook, By Fiber Optics (2022-2030) ($MN)   
17 Global Network Engineering Services Market Outlook, By Wireless (2022-2030) ($MN)   
18 Global Network Engineering Services Market Outlook, By Wi-Fi (2022-2030) ($MN)    
19 Global Network Engineering Services Market Outlook, By Cellular (2022-2030) ($MN)   
20 Global Network Engineering Services Market Outlook, By Satellite Communication (2022-2030) ($MN)  
21 Global Network Engineering Services Market Outlook, By Organization Size (2022-2030) ($MN)  
22 Global Network Engineering Services Market Outlook, By Small and Medium Enterprises (SMEs) (2022-2030) ($MN)
23 Global Network Engineering Services Market Outlook, By Large Enterprises (2022-2030) ($MN)  
24 Global Network Engineering Services Market Outlook, By Deployment Mode (2022-2030) ($MN)  
25 Global Network Engineering Services Market Outlook, By On-Premises (2022-2030) ($MN)   
26 Global Network Engineering Services Market Outlook, By Cloud-Based (2022-2030) ($MN)   
27 Global Network Engineering Services Market Outlook, By End User (2022-2030) ($MN)   
28 Global Network Engineering Services Market Outlook, By IT and Telecommunications (2022-2030) ($MN) 
29 Global Network Engineering Services Market Outlook, By Healthcare (2022-2030) ($MN)   
30 Global Network Engineering Services Market Outlook, By Government and Public Sector (2022-2030) ($MN) 
31 Global Network Engineering Services Market Outlook, By Manufacturing (2022-2030) ($MN)   
32 Global Network Engineering Services Market Outlook, By Retail (2022-2030) ($MN)    
33 Global Network Engineering Services Market Outlook, By Energy and Utilities (2022-2030) ($MN)  
34 Global Network Engineering Services Market Outlook, By Other End Users (2022-2030) ($MN)   
            
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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