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
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.
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.
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.
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.
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.
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.
Regional Outlook
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.
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
Global Network Engineering Services Market Report Segmentation
By Transmission Mode
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