What is Network Engineering Services Market?
Network engineering also known as computer architecture. It is the service used in small and large scale industry to provide entrance and information about the company’s technical terms. Regulate the accessibility of the internet access and the network across the place is the important job of network engineer. There are two transmission mode of network engineering including wired and wireless.
The market study is being classified by Type (Network Assessment, Network Design and Network Deployment) and major geographies with country level break-up. According to AMA, the Global Network Engineering Services market is expected to see growth rate of 9.5%
Accenture (Ireland), Ericsson (Sweden), IBM (United States), Huawei (China), Juniper Networks (United States), Dell (United States), Cisco (United States), Fujitsu (Japan), Tech Mahindra (India) and VMware (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Mphasis (India), Aviat Networks (United States) and Extream Network (United States).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Network Engineering Services market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Network Engineering Services market by Type, Application and Region.
On the basis of geography, the market of Network Engineering Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2020. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Demand of High Speed Network
- Rising Demand of Network Services across World
Market Trend
- Increasing Dependency on ICT Sector
- Evolution in The Communication Space
Restraints
- High Price of Upgradation of Software
Opportunities
- Adoption of IOT Technology
- Introduction of Advanced Networking Solutions
Challenges
- Network Scalability in Large Network Deployment
Market Leaders and some development strategies
On 9th August 2018, Accenture has acquired hardware engineering firm Mindtribe and smart embedded software company Pillar Technology for expansion of Industry X.0 Practice. and On 4th September 2018, Ericsson has acquired 100 percent of the shares in CENX for enhancing Ericsson’s Operations Support Systems (OSS) portfolio.
On 19th October 2018, Ericsson Unified Delivery Network (UDN) and Limelight Networks are together for content delivery and edge cloud services.
Key Target Audience
Network Engineering Services Providers, System Integrator, Re sellers, Network Engineering Service Distributor, Software Developers, Potential Investors, Government and Private Research Organizations and Others