Press release
Engineering Services Outsourcing Market Is Estimated To Expand At a Healthy CAGR in the Forecast Period 2022-2027 | International Business Machines Corporation, ITC Infotech, KPIT, L&T Technology Service, Neilsoft, QuEST Global, Ranal Inc., Segula Technol
The global engineering services outsourcing (ESO) market was valued at US$ 1430.75 Bn in 2021 and is expected to record a revenue of US$ 3,803.21 Bn by the end of the year 2027. The market is growing at a compound annual growth rate (CAGR) of 17.7% during the forecast period of 2022 - 2027.
Along with significant data and other pertinent information, the report also covers market growth drivers, key trends for the present and the future, resources that can help to potentially expand the market into untapped regions, and market growth drivers for the Engineering Services Outsourcing Market.
The research offers a comprehensive analysis of revenues, the COVID-19 effect, significant developments, strategies, historical data, and information by key competitors that provide essential perspectives and insights into various market scenarios.
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The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.
Leading Competitors
The details included in the report for companies are business overview, key official, company financials, strategic outlook, recent developments, and product list. The companies included in the report are, AKKA Technologies, Altair Engineering, Inc., ALTEN SA, ASAP Holding GmbH, AVL List GmbH, Cognizant, Bertrandt, Capgemini SE, Cyient, EDAG, ESI Group, Ferchau, Genpact, Geometric, HCL Technologies Limited, IAV, IGate, Infosys, International Business Machines Corporation, ITC Infotech, KPIT, L&T Technology Service, Neilsoft, QuEST Global, Ranal Inc., Segula Technologies, Semcon, Tata Consultancy Services, Tata Elxsi, Tata Technologies, Tech Mahindra, Wipro.
TheEngineering Services Outsourcing Marketsize section provides market revenue, taking into account both the market's historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players' market sizes, significant product launches, strategies, and other information.
The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry's total sales over the same period, experts in the field determine to share.
The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.
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Segmentation Analysis
The global engineering services outsourcing market is segmented into the following categories:
Based on Type Segment, the market is segmented into:
Product Designing
Prototyping
Process Designing
System Integration
Testing
Quality Control
Product Lifecycle Management
Plant Automation & Enterprise Asset Management
Based on Location Segment, the market is segmented into:
On-Site
Onshore
Offshore
Based on Pricing Module Segment, the market is segmented into:
Staff Augmentation (FTE based)
Time and Materia
Fixed Price Projects
Services
Risk/ Rewards
Based on Industry Segment, the market is segmented into:
Aerospace
Automotive
Computing Systems
Construction
Consumer Electronics
Energy
Heavy Machinery
Healthcare
Industrial
Medical Devices
Semiconductors
Telecom
Others
Based on Region, the market is segmented into:
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Italy
Spain
Poland
Russia
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.
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