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Network Engineering Services Market Research Report Information By Type (Network Assessment, Network Design, Network Deployment), By Vertical (Telecom, Banking, Financial Services, Education, Energy And Utilities, Healthcare) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Industry Size, Share and Forecast Till 2032


  • ID: MRFR/SEM/9568-HCR
  • | Pages: 120
  • | Author: Shubham Munde
  • | Publish Date: Sep 2025

Network Engineering Services Market Summary

As per Market Research Future Analysis, the Global Network Engineering Services Market was valued at USD 38.40 billion in 2023 and is projected to reach USD 86.19 billion by 2032, growing at a CAGR of 9.40% from 2024 to 2032. Key drivers include increasing investments in IoT devices and the trend of connected wearables. The market is segmented by type into network assessment, design, and deployment, with network design leading in revenue share due to the growing demand for consumer electronic products. The banking sector is expected to dominate the verticals due to digitalization and open banking trends. North America holds the largest market share, followed by Europe and Asia-Pacific, which is anticipated to grow at the fastest rate.

Key Market Trends & Highlights

The network engineering services market is experiencing significant growth driven by technological advancements and increasing demand for connectivity.

  • Market Size in 2023: USD 38.40 billion
  • Projected Market Size by 2032: USD 86.19 billion
  • CAGR from 2024 to 2032: 9.40%
  • Largest Regional Market: North America

Market Size & Forecast

2023 Market Size: USD 38.40 billion
2024 Market Size: USD 42.01 billion
2032 Market Size: USD 86.19 billion
CAGR (2024-2032): 9.40%
Largest Regional Market Share in 2024: North America

Major Players

Key players include Cisco, IBM, Ericsson, Huawei, Juniper Networks, HCL Technologies, Infosys, NTT Global Networks, and Accenture.

Network Engineering Services Market

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Network Engineering Services Market Trends

    • Increasing emphasis on technological evolution drives market growth

Market CAGR for network engineering service is being driven by the increasing focus on technology evolution, growing diversity of technology solutions and thus customer requirements, increase in demand for Internet of Things, proliferation of smooth and high-speed wireless communication, and rising network investments are key factors driving the network engineering services market.

Network investments are becoming increasingly important in driving performance, particularly for communication service providers (CSPs). All key vendors are planning and optimizing networking technology with the impact on capital investment, operational expense, and overall performance in mind. Network engineering is the primary focus of software-defined networking (SD), network functions virtualization (NFV), and massively distributed computing. For networking technology, various technologies such as wireless data links for drones, ambient backscatter, 4D networks, and so on have emerged.

Additionally, new technology and applications are introduced on a regular basis to ensure the smooth operation of an organization. Computer network engineering is required to maintain and ensure proper information and communication execution within and outside the organization. The network engineering services market for operations is expected to grow in the near future due to the need to streamline network operations around the world and quickly resolve networking operations-related issues.

Network Engineering Services Market Segment Insights:

Network Engineering Services Type Insights

The Network Engineering Services Market segmentation, based on type includes network assessment, network design, and network deployment. Due to its tailored approach based on the network, the network design segment accounted for the biggest revenue share in 2022. Network design comprises examining, comprehending, and scoping the network to be deployed. The expanding number of consumer electronic products and services, including as smartwatches and OTT platforms, has generated a large amount of data that must be adapted and managed for better performance, which is likely to fuel network design service segment growth.

Furthermore, network design creates a physical network and specifies network kinds and equipment needed for deployment, such as routers, servers, and switches.

Figure1: Network Engineering Services Market, by type, 2022 & 2032 (USD billion)

Network Engineering Services Market, by type, 2022 & 2032

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Network Engineering Services Verticals Insights

The Network Engineering Services Market segmentation, based on verticals, includes telecom, banking, financial services, education, energy and utilities, healthcare, verticals. The banking category is expected to dominate the market over the forecast period due to expanding digitalization and increased acceptance of open banking. Consumer transition from direct cash payment to various application programming interfaces (APIs) such as e-wallet, net banking, and e-bill payments has raised financial businesses' growth and improved competitive advantage among other organizations, driving market expansion.

Network Engineering Services Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and the Rest of the World. The biggest market for network engineering services is North America. Due to its well-established IT hub and the adoption of cutting-edge technology by numerous enterprises, it is anticipated to grow more quickly over the projection period.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure2: Network Engineering Services Market SHARE BY REGION 2022 (%)

Network Engineering Services Market SHARE BY REGION 2022

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe’s network engineering services market accounts for the second-largest market share, because of the introduction of wireless networks, users can now access information virtually anywhere that has a wireless connection, which has increased employee productivity. Further, the German network engineering services market held the largest market share, and the UK network engineering services market was the fastest-growing market in the European region

The Asia-Pacific Network Engineering Services Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to rising demand for new network infrastructure supporting various applications. Moreover, China’s network engineering services market held the largest market share, and the Indian network engineering services market was the fastest-growing market in the Asia-Pacific region.

Network Engineering Services Key Market Players & Competitive Insights

Leading market players are investing heavily in R&D in order to expand their product lines, which will help the network engineering services market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, network engineering services industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global network engineering services industry to benefit clients and increase the market sector. In recent years, the network engineering services industry has offered some of the most significant advantages to medicine. Major players in the network engineering services market, including Tech Mahindra (India), Mphasis (India), CODETRU (US), Inspira Enterprise (India), Advance Digital Systems (US), Nexius (US) and others, are attempting to increase market demand by investing in R&D operations.

Telefonaktiebolaget LM Ericsson (lit. "LM Ericsson Telephone Stock Company"), also known as Ericsson, is a Swedish multinational networking and telecommunications firm headquartered in Stockholm. The company supplies information and communications technology infrastructure, software, and services to telecommunications service providers and companies, including 3G, 4G, and 5G equipment, as well as Internet Protocol (IP) and optical transport systems. The corporation employs around 100,000 people and operates in over 180 countries. Ericsson has received almost 57,000 patents. In September 2022, Ericsson unveiled the Radio 6646, a revolutionary triple-band, tri-sector radio.

The company claims that it can replace nine radios while consuming 40% less energy and weighing 60% less than competing products. The radio supports stable networks.

Sky Max is a British pay television channel that debuted with Sky Showcase on September 1, 2021. Sky Group, a Comcast company, owns and operates it. On July 28, 2021, the channel was announced to replace Sky One, which had been on the air for nearly 40 years. It broadcasts the entertainment and drama output that was previously seen on Sky One, with the majority of the comedic output relocated to Sky comedic. Sky Serie, an Italian equivalent of Sky Max, debuted on July 1, 2021, with significantly different programming.

In August 2022: SkyMax network limited and Ericsson signed a memorandum of understanding for two years to establish a corporation developing a next-generation 5G broadband network across sub-Saharan Africa.

Key Companies in the network engineering services market include

    • IBM (US)

    • Ericsson (Sweden)

    • Huawei (China)

    • Juniper Networks (US)

    • HCL Technologies (India)

    • Infosys (India)

    • NTT Global Networks (US)

    • Fulitsu (Japan)

    • Cyient (Hyderabad)

    • CSS Corp (US) Accenture (Ireland)

    • Aviat Networks (US)

    • AT&T (US)

    • Wipro (India)

    • TOS (India)

Network Engineering Services Market Developments

  • Q2 2024: Vodafone and Nokia sign multi-year agreement to accelerate 5G network engineering services Vodafone announced a multi-year partnership with Nokia to enhance and accelerate the deployment of 5G network engineering services across Europe, focusing on network design, optimization, and managed services.
  • Q2 2024: Cyient expands network engineering services with new delivery center in Europe Cyient opened a new network engineering services delivery center in Europe to support growing demand for fixed and wireless network design, planning, and optimization for telecom operators.
  • Q2 2024: Ericsson launches AI-powered network engineering services suite Ericsson introduced a new suite of AI-powered network engineering services aimed at automating network design, deployment, and optimization for telecom operators globally.
  • Q3 2024: Ciena acquires Benu Networks to strengthen network engineering services portfolio Ciena completed the acquisition of Benu Networks, a provider of cloud-native broadband network solutions, to expand its network engineering services and managed broadband offerings.
  • Q3 2024: Nokia wins major network engineering services contract with European telecom operator Nokia secured a multi-year contract to provide network engineering, design, and optimization services for a leading European telecom operator, supporting next-generation network rollouts.
  • Q3 2024: Juniper Networks appoints new head of global network engineering services Juniper Networks announced the appointment of a new executive to lead its global network engineering services division, aiming to drive growth in managed and professional services.
  • Q4 2024: Arista Networks launches cloud-native network engineering services platform Arista Networks unveiled a new cloud-native platform for network engineering services, targeting enterprise and service provider customers seeking scalable, automated network solutions.
  • Q4 2024: BT and Tata Consultancy Services announce strategic partnership for network engineering services BT and Tata Consultancy Services entered a strategic partnership to jointly deliver network engineering services, including network design, deployment, and managed services for global clients.
  • Q1 2025: Cisco launches next-generation network engineering services for 400G and 800G networks Cisco introduced new network engineering services focused on the design and deployment of 400G and 800G high-capacity networks for telecom and hyperscale data center customers.
  • Q1 2025: Network engineering startup NetOps raises $30M Series B to expand AI-driven services NetOps, a startup specializing in AI-driven network engineering services, raised $30 million in Series B funding to accelerate product development and expand its global engineering team.
  • Q2 2025: Deutsche Telekom awards multi-year network engineering services contract to Accenture Deutsche Telekom selected Accenture for a multi-year contract to provide network engineering, design, and managed services as part of its digital transformation initiatives.
  • Q2 2025: Fujitsu opens new network engineering services center in North America Fujitsu inaugurated a new network engineering services center in North America to support the growing demand for advanced network design, deployment, and optimization services.

Network Engineering Services Market Segmentation:

Network Engineering Services Market Type Outlook

    • Network Assessment

    • Network Design

    • Network Deployment

Network Engineering Services Market Vertical Outlook

    • Telecom

    • Banking

    • Financial services

    • Education

    • Energy and utilities

    • Healthcare

Network Engineering Services Regional Outlook

    • North America

      • US
      • Canada
    • Europe

      • Germany
      • France
      • UK
      • Italy
      • Spain
      • Rest of Europe
    • Asia-Pacific

      • China

      • Japan

      • India

      • Australia

      • South Korea

      • Australia

      • Rest of Asia-Pacific

    • Rest of the World

      • Middle East

      • Africa

      • Latin America

Report Attribute/Metric Details
Market Size 2023 USD 38.40 billion
Market Size 2024 USD 42.01 billion
Market Size 2032 USD 86.19 billion
Compound Annual Growth Rate (CAGR) 9.40% (2024-2032)
Base Year 2023
Market Forecast Period 2024-2032
Historical Data 2019- 2021
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Vertical, and Region
Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled Cisco (US), IBM (US), Ericsson (Sweden), Huawei (China), Juniper Networks (US), HCL Technologies (India), Infosys (India), NTT Global Networks (US), Fujitsu (Japan), Cyient (Hyderabad), CSS Corp (US), Accenture (Ireland), Aviat Networks (US), AT&T (US), Wipro (India), TCS (India), Tech Mahindra (India), Mphasis (India), CODETRU (US), Inspira Enterprise (India), Advance Digital Systems (US), Nexius (US)
Key Market Opportunities Immersive Gaming and Virtual Reality Market.
Key Market Dynamics Increasing Investments in loT Devices.


Frequently Asked Questions (FAQ):

The Network Engineering Services Market size was valued at USD 38.40 Billion in 2023.

The global market is projected to grow at a CAGR of 9.40% during the forecast period, 2024-2032.

North America had the largest share of the global market

The key players in the market are Infosys (India), NTT Global Networks (US), Fujitsu (Japan), Cyient (Hyderabad), CSS Corp (US), Accenture (Ireland), Aviat Networks (US), AT&T (US), Wipro (India), TCS (India).

The banking category dominated the market in 2022.

The network design had the largest share of the global market.

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