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Global Network Engineering Services Market Growth Prospects, Future Industry Landscape 2032 | Ericsson, Huawei, Juniper Networks, IBM Corporation, Cisco Systems, Aviat Networks
Network Engineering Services
Network Engineering Services Market Size, Growth Rate, And Forecast
The global network engineering services market size grew from $50.06 billion in 2022 to $55.76 billion in 2023 at a compound annual growth rate (CAGR) of 11.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The network engineering services market size is expected to grow to $80.49 billion in 2027 at a CAGR of 9.6%.
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Network Engineering Services Market Drivers
The increased adoption of broadband will propel the growth of the network engineering services market. Broadband attributes to high-speed internet connectivity that is always quicker than typical dial-up access.
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Network Engineering Services Market Segments
1) By Service Type: Network Assessment, Network Design, Network Deployment
2) By Transmission Mode: Wired, Wireless
3) By Organization Size: Large Enterprises, Small and Medium-sized Enterprises (SMEs)
4) By Industry Vertical: Banking, Financial Services, and Insurance (BFSI), Telecom, Information Technology, Healthcare, Education, Media and Entertainment, Energy and Utilities, Manufacturing, Other Industry Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Network Engineering Services market.
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Network Engineering Services Market Key Players
Major players in the network engineering services market are Ericsson, Huawei, Juniper Networks, IBM Corporation, Cisco Systems, Aviat Networks, Tech Mahindra, Mphasis Ltd., Cyient, Nexius, CHR Solutions, Datavision, CSS Corp, and Codetrue.
The Business Research Company's "Global Network Engineering Services Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Network Engineering Services Market Include:
1. Executive Summary
2. Network Engineering Services Market Characteristics
3. Network Engineering Services Market Trends And Strategies
4. Network Engineering Services Market - Macro Economic Scenario
5. Network Engineering Services Market Size And Growth
……
27. Network Engineering Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Network Engineering Services Market
29. Network Engineering Services Market Future Outlook and Potential Analysis
30. Appendix
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