Insights on the Network Engineering Services Global Market to 2027 – Featuring Accenture, Dell…

first_img DUBLIN–(BUSINESS WIRE)–Jan 28, 2021– The “Network Engineering Services – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. The publisher brings years of research experience to the 9th edition of this report. The 187-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed. Global Network Engineering Services Market to Reach US$70.4 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Network Engineering Services estimated at US$40.2 Billion in the year 2020, is projected to reach a revised size of US$70.4 Billion by 2027, growing at a CAGR of 8.3% over the analysis period 2020-2027. Network Assessment, one of the segments analyzed in the report, is projected to grow at a 7.7% CAGR to reach US$26.8 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Network Design segment is readjusted to a revised 9.1% CAGR for the next 7-year period. This segment currently accounts for a 32.6% share of the global Network Engineering Services market. The U.S. Accounts for Over 29.6% of Global Market Size in 2020, While China is Forecast to Grow at a 7.9% CAGR for the Period of 2020-2027 The Network Engineering Services market in the U.S. is estimated at US$11.9 Billion in the year 2020. The country currently accounts for a 29.59% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$12.3 Billion in the year 2027 trailing a CAGR of 7.9% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 6.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR while Rest of European market (as defined in the study) will reach US$12.3 Billion by the year 2027. Network Deployment Segment Corners a 27.7% Share in 2020 In the global Network Deployment segment, USA, Canada, Japan, China and Europe will drive the 8.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.9 Billion in the year 2020 will reach a projected size of US$15.8 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$8.2 Billion by the year 2027. Competitors identified in this market include, among others:Accenture PLCAviat Networks, Inc.Cisco Systems, Inc.Dell EMCEricsson ABFujitsu Ltd.Huawei Technologies Co., Ltd.IBM CorporationJuniper Networks, Inc.Mphasis Ltd.Tech Mahindra Ltd. Key Topics Covered: I. INTRODUCTION, METHODOLOGY & REPORT SCOPE II. EXECUTIVE SUMMARY 1. MARKET OVERVIEWImpact of Covid-19 and a Looming Global RecessionGlobal Competitor Market SharesNetwork Engineering Services Competitor Market Share Scenario Worldwide (in %): 2018E 2. FOCUS ON SELECT PLAYERS 3. MARKET TRENDS & DRIVERS 4. GLOBAL MARKET PERSPECTIVE III. MARKET ANALYSIS IV. COMPETITIONTotal Companies Profiled: 32 For more information about this report visit https://www.researchandmarkets.com/r/897cbr View source version on businesswire.com:https://www.businesswire.com/news/home/20210128005798/en/ CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SOURCE: Research and Markets Copyright Business Wire 2021. PUB: 01/28/2021 10:56 AM/DISC: 01/28/2021 10:56 AM http://www.businesswire.com/news/home/20210128005798/en WhatsApp Twitter Facebook Pinterest Insights on the Network Engineering Services Global Market to 2027 – Featuring Accenture, Dell and Ericsson Among Others – ResearchAndMarkets.com Twitter Local NewsBusinesscenter_img By Digital AIM Web Support – January 28, 2021 Facebook TAGS  WhatsApp Pinterest Previous articleOneStream Software Named Winner of the 2021 Top Workplaces USA AwardNext article272 Capital and B. Riley Financial Issue Joint Letter to Tile Shop Holdings Board of Directors Digital AIM Web Supportlast_img

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