Press release
Engineering Services Outsourcing Market Developing at Fast Growth Ratio with Top Market Players like HCL Technologies, Infosys, Symphony Teleca, Wipro, Accenture, Aricent, TCS, and Luxoft
Engineering services outsourcing refers to the outsourcing of a part or the whole of engineering or development operations, which are non-core functions of companies, to third-party service providers either in the same country or in an offshore location. The changing role of engineering service providers from being a third party vendor to gradually becoming key stakeholders in product development is driving the industry’s growth substantially.The global engineering services outsourcing market is expected to grow at a compound annual growth rate of +27% during the forecast period 2023.
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Top Key Players of Engineering Services Outsourcing Market:
• HCL Technologies
• Infosys
• Symphony Teleca
• Aricent
• TCS
• Luxoft
• Wipro
• Accenture
The overall engineering services outsourcing market is also segmented on the basis of geography in the United States, Europe, India, Japan, China, and Southeast Asia. The geographical segmentation provides a distinct assessment of the factors supporting these regions, the favorable regulatory policies, and the impact of the political frameworks. Market drivers, restraints, and opportunities have been evaluated to explain the anticipated nature of investments and its impact on the global market in terms of future prospects.
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On the basis of product, this Engineering Services Outsourcing Market report primarily split into-
• Drafting and 3D modeling
• Engineering analysis
• Product design and testing
On the basis on the end users/Applications, this Engineering Services Outsourcing Market report covers-
• Automotive
• Consumer electronics
• Construction
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Table of Content:
1. Market Overview of Global Engineering Services Outsourcing Market
2. Competition Analysis by Players
3. Company (Top Players) Profiles
4. Engineering Services Outsourcing Market Size by Type and Application
5. US Market Status and Outlook
6. EU Manufacturing Development Market Status and Outlook
7. Japan Market Development Status and Outlook
8. China Market Status and Outlook
9. India Engineering Services Outsourcing Market Status and Outlook
10. Southeast Asia Market Status and Outlook
11. Market Forecast by Region, Type and Application
12. Market Dynamics
13. Engineering Services Outsourcing Market Effect Factor Analysis
14. Research Finding/ Conclusion
15. Appendix
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