Product Engineering Services Market 2023 | Future Outlook: Alten, AVL, HCL, Akka Technologies, IBM, Capgemini, TCS, Wipro, Happiest Minds, NeST Digital, Tvs Next, Mphasis, Luxoft Holdings, Nuos Infosystems, Pactera Edge and Others

The product engineering services market size is expected to grow from USD 1056.2 billion in 2022 to USD 1510.0 billion by 2027 at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period. ISVs that specialize in developing and selling software designed for the masses are the primary market drivers for product engineering services. In response to the growing demand for IoT, many service providers have established a separate IoT engineering portfolio. Because of agile development methodologies, there has been a shift towards leveraging automation for testing activities.

Download a FREE Sample Research Report at https://www.reportsnreports.com/contacts/requestsample.aspx?name=945727

The Product Engineering Services (PES) market refers to the business of providing engineering and design services to companies that manufacture or develop products. PES companies work with clients across various industries such as automotive, aerospace, healthcare, consumer electronics, and industrial equipment, among others.

PES companies offer a range of services such as concept design, prototyping, product testing, validation, manufacturing, and maintenance support. They use advanced technologies such as artificial intelligence, machine learning, and the Internet of Things (IoT) to design and develop innovative and efficient products.

The PES market is expected to grow due to the increasing demand for cost-effective and innovative product design and development services. The growth of digitalization and the increasing adoption of automation and IoT technologies in manufacturing processes have also contributed to the growth of the PES market.

Product Engineering Services vendors include Alten (France), AVL (Austria), HCL (India), Akka Technologies (France), IBM (US), Capgemini (France), TCS (India), Wipro (India), Happiest Minds (India), NeST Digital (India), Tvs Next (US), Mphasis (India), Luxoft Holdings (Switzerland), Nuos Infosystems (India), Pactera Edge (US), EPAM Systems (US), Tech Mahindra (India), Trigent Software (US), Segula Technologies (France). The study includes an in-depth competitive analysis of these key players in the product engineering services market with their company profiles, recent developments, and key market strategies.

Direct Purchase of the Global Product Engineering Services Market Research Report at https://www.reportsnreports.com/purchase.aspx?name=945727

+ 1 347 333 3771
sales@reportsandreports.com

ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.

This release was published on openPR.