Network Engineering Services Market

Global Network Engineering Services Market Size, Share & Trends Analysis Report By Transmission Mode (Wired, and Wireless), By Organization Size, By Service Type, By Vertical, By Regional Outlook and Forecast, 2024 - 2031

Report Id: KBV-26535 Publication Date: January-2025 Number of Pages: 332
2023
USD 50.63 Billion
2031
USD 95.63 Billion
CAGR
8.4%
Historical Data
2020 to 2022

“Global Network Engineering Services Market to reach a market value of USD 95.63 Billion by 2031 growing at a CAGR of 8.4%”

Analysis of Market Size & Trends

The Global Network Engineering Services Market size is expected to reach $95.63 billion by 2031, rising at a market growth of 8.4% CAGR during the forecast period.

Governments worldwide invest in secure and scalable network solutions to support public services, law enforcement, emergency response systems, and critical infrastructure. The rise of smart transportation, surveillance systems, and digital identity programs has further necessitated reliable networking capabilities. Additionally, the growing emphasis on cloud adoption, data security, and secure communication networks for defense and public administration drives demand for network engineering services in the government sector. Thus, the government segment recorded 15% revenue share in the market in 2023.

Network Engineering Services Market Size - Global Opportunities and Trends Analysis Report 2020-2031

The major strategies followed by the market participants are Partnership as the key developmental strategy to keep pace with the changing demands of end users. For instance, In October, 2024, Ericsson and Dell Technologies announced a partnership to offer cloud network infrastructure solutions, assisting telecom operators in their cloud strategies. Additionally, In July, 2024, Infosys announced a collaboration with Qualcomm to provide smart city solutions, leveraging advanced network engineering services for urban infrastructure.

KBV Cardinal Matrix - Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Cisco Systems Inc., Huawei Technologies Inc., Accenture PLC  and IBM Corporation are the forerunners in the Network Engineering Services. Companies such as Dell Technologies, Inc. and Infosys Limited are some of the key innovators in Network Engineering Services. In November, 2024, Cisco and LTIMindtree expanded their partnership to deliver AI-driven Secure Access and SASE solutions globally, enhancing hybrid workforce security and client services. This collaboration strengthens network engineering services with zero trust, seamless connectivity, and simplified IT management.

Network Engineering Services Market - Competitive Landscape and Trends by Forecast 2031

Market Growth Factors

The integration of digital technologies has also resulted in an exponential increase in data generation and consumption. From processing vast transaction volumes in the financial sector to enabling real-time inventory management in retail, networks must handle heavy traffic loads efficiently. Hence, the rapid adoption of digital technologies across industries transforms network requirements, making network engineering services indispensable.

Additionally, as organizations transition to public, private, and hybrid cloud environments, the complexity of integrating diverse systems and managing data traffic has increased significantly. Network engineering services ensure seamless communication between these platforms, providing the flexibility and reliability required to support modern business operations. Thus, the growing demand for cloud services is transforming the role of network engineering, making it an indispensable component of modern IT infrastructure.

Market Restraining Factors

Establishing network infrastructure and engineering services often involves substantial financial outlays, creating a significant barrier for many businesses, particularly small and medium-sized enterprises (SMEs). These costs encompass the procurement of advanced hardware, licensing fees for sophisticated software, and recruiting or training skilled personnel to design, deploy, and maintain the network. For SMEs with limited budgets, these expenditures can be overwhelming, forcing them to delay the adoption of advanced network solutions or settle for less efficient alternatives. However, this trend poses a significant challenge for external network engineering service providers, reducing their potential client base and intensifying market competition. Hence, these factors may hamper the growth of the market.

Network Engineering Services Market Share 2023

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies to cater to demand coming from the different industries. The key developmental strategies in the market are Partnerships, Collaborations & Agreements.

Driving and Restraining Factors
Network Engineering Services Market
  • Rapid Digital Transformation Across Industries
  • Growing Demand for Cloud Services
  • Rising Proliferation of Internet of Things (IoT) Devices
  • High Initial Costs and Competition from In-House Solutions
  • Lack of Skilled Workforce and Interoperability
  • Global Expansion of 5G Networks
  • Emergence of Software-Defined Networking (SDN)
  • Increasing Cyber Threats and Vulnerabilities in Network Systems
  • Limited Awareness and Complex Regulatory Landscape

Transmission Mode Outlook

Based on transmission mode, the market is bifurcated into wired and wireless. The wireless segment procured 41% revenue share in the market in 2023. The rising adoption of remote work, IoT devices, and mobile-first strategies has significantly increased the demand for wireless networking solutions.

Organization Size Outlook

On the basis of organization size, the market is classified into large enterprises and small & medium enterprises. The large enterprises segment acquired 68% revenue share in the market in 2023. Large corporations require robust and scalable networks to support their extensive operations, global connectivity, and data-driven decision-making processes.

Network Engineering Services Market Share and Industry Analysis Report 2023

Services Type Outlook

By services type, the market is divided into network deployment, network design, and network assessment. The network design segment garnered 34% revenue share in the market in 2023. The shift toward virtualization, software-defined networking (SDN), and AI-driven automation has increased the need for customized network designs that enhance performance and efficiency. Organizations focus on network security, scalability, and cost-effectiveness, making professional design services essential for seamless integration.

Verticals Outlook

Based on vertical, the market is segmented into IT & telecom, BFSI, healthcare, retail, government, energy & utilities, education, manufacturing, and others. The manufacturing segment witnessed 11% revenue share in the market in 2023. As manufacturers integrate AI, robotics, and real-time monitoring systems, they require high-performance, low-latency networks to support seamless data exchange and predictive maintenance.

Free Valuable Insights: Global Network Engineering Services Market size to reach USD 95.63 Billion by 2031

Market Competition and Attributes

Network Engineering Services Market Competition and Attributes

The Network Engineering Services Market is highly competitive, driven by increasing demand for robust network infrastructure across industries like telecom, IT, and BFSI. Companies compete on innovation, offering tailored solutions for advanced technologies such as 5G, IoT, and cloud computing. Price competitiveness, service quality, and rapid deployment capabilities are key differentiators. Players are also focusing on strategic partnerships and expanding their service portfolios to stay ahead. The market's dynamic nature encourages continuous innovation to meet evolving customer and technological demands.

By Regional Analysis

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Europe segment procured 30% revenue share in the market in 2023. 5G expansion, AI-driven network optimization, and stringent data protection laws, including the General Data Protection Regulation (GDPR), are all contributing to market growth in Europe.

Network Engineering Services Market Report Coverage
Report Attribute Details
Market size value in 2023 USD 50.63 Billion
Market size forecast in 2031 USD 95.63 Billion
Base Year 2023
Historical Period 2020 to 2022
Forecast Period 2024 to 2031
Revenue Growth Rate CAGR of 8.4% from 2024 to 2031
Number of Pages 332
Number of Tables 484
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Market Share Analysis, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Transmission Mode, Organization Size, Service Type, Vertical, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Spain, Italy, and Rest of Europe)
  • Asia Pacific (China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included

Cisco Systems, Inc., Accenture PLC, Ericsson AB, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Dell Technologies, Inc., IBM Corporation, Juniper Networks, Inc.,HCL Technologies Ltd., Infosys Limited and Fujitsu Limited

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Recent Strategies Deployed in the Market

  • Dec-2024: Ericsson signed a deal with India's Bharti Airtel to supply 4G and 5G equipment for network expansion across India.
  • Nov-2024: Cisco and LTIMindtree expanded their partnership to deliver AI-driven Secure Access and SASE solutions globally, enhancing hybrid workforce security and client services. This collaboration strengthens network engineering services with zero trust, seamless connectivity, and simplified IT management.
  • Oct-2024: Ericsson and Dell Technologies announced a partnership to offer cloud network infrastructure solutions, assisting telecom operators in their cloud strategies.
  • Sep-2024: Ericsson formed a joint venture with twelve telecom operators, including Verizon, Deutsche Telekom, and Reliance Jio, to sell network API software for enhanced gaming speeds and fraud prevention.
  • Jul-2024: Infosys announced a collaboration with Qualcomm to provide smart city solutions, leveraging advanced network engineering services for urban infrastructure.
  • Jun-2024: HCL Technologies and IBM announced an expansion of their partnership to help clients adopt hybrid cloud networks, improving telecom service delivery.

List of Key Companies Profiled

  • Cisco Systems, Inc.
  • Accenture PLC
  • Ericsson AB
  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Dell Technologies, Inc.
  • IBM Corporation
  • Juniper Networks, Inc.
  • HCL Technologies Ltd.
  • Infosys Limited
  • Fujitsu Limited

Network Engineering Services Market Report Segmentation

By Transmission Mode

  • Wired
  • Wireless

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Service Type

  • Network Deployment
  • Network Design
  • Network Assessment

By Vertical

  • IT & Telecom
  • BFSI
  • Healthcare
  • Retail
  • Government
  • Energy & Utilities
  • Education
  • Manufacturing
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
    • Rest of LAMEA

Frequently Asked Questions About This Report

This Market size is expected to reach $95.63 billion by 2031.

Rapid Digital Transformation Across Industries are driving the Market in coming years, however, High Initial Costs and Competition from In-House Solutions restraints the growth of the Market.

Cisco Systems, Inc., Accenture PLC, Ericsson AB, Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.), Dell Technologies, Inc., IBM Corporation, Juniper Networks, Inc.,HCL Technologies Ltd., Infosys Limited and Fujitsu Limited

The expected CAGR of this Market is 8.4% from 2023 to 2031.

The Network Deployment segment is generating the maximum revenue in the Market by Service Type in 2023; thereby, achieving a market value of $37.1 billion by 2031.

The North America region dominated the Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $34,005.7 million by 2031.

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