The US market dominated the North America Network Engineering Services Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $24.69 billion by 2031. The Canada market is experiencing a CAGR of 9.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8.9% during 2024-2031.
The network engineering services market has become a cornerstone of the global digital infrastructure landscape, driven by rapid technological advancements, increasing connectivity demands, and the pervasive adoption of digital transformation across industries. In today’s interconnected world, businesses, governments, and individuals rely heavily on networks to facilitate communication, data transfer, and operational efficiency.
Additionally, network engineering services, encompassing network systems' design, deployment, and maintenance, are pivotal in ensuring these infrastructures remain robust, scalable, and secure. Industries such as healthcare, retail, banking, and financial services (BFSI), manufacturing, and telecommunications are leveraging these services to optimize their networks for high performance and seamless integration with advanced technologies. From enabling real-time data exchange in healthcare systems to supporting global e-commerce operations, network engineering has become a critical enabler of modern business processes.
Rapid digital transformation and rising investments in 5G deployment, data centers, cybersecurity, and cloud computing are driving significant development in the North American market for network engineering services. The BFSI sector significantly contributes to the growing demand for network engineering services in the United States. According to the International Trade Administration (ITA), the finance and insurance industries accounted for 8.3% of the U.S. GDP, or $1.7 trillion, in 2020. As financial institutions accelerate digital transformation, online banking expansion, fintech adoption, and cloud-based services, the demand for secure, high-performance network infrastructures has surged.
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
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 Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- 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
Methodology
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