Engineering Services Outsourcing Market
Market Insights on Engineering Services Outsourcing covering sales outlook, demand forecast & up-to-date key trends
Engineering Services Outsourcing Market by Service, Application, Location & Region - Forecast 2022 - 2032
Engineering Services Outsourcing Market Snapshot (2022-2032)
[280 Pages Report] The global engineering services outsourcing market size is expected to be valued at US$ 949.7 Billion in 2022. With the Increase in adoption of automation and integrated solutions for analysis, coupled with introduction of cloud-based engineering software products, overall demand for Engineering Services Outsourcing is projected to grow at a CAGR of 18.9% between 2022 and 2032, totaling around US$ 5,362.7 Billion by 2032.
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Data Points |
Key Statistics |
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Engineering Services Outsourcing Market Value 2022 |
US$ 949.7 Billion |
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Engineering Services Outsourcing Market Projected Value (2032) |
US$ 5,362.7 Billion |
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Engineering Services Outsourcing Market CAGR (2022-2032) |
18.9% |
Engineering services outsourcing refers to utilizing the best technology and services related to the business core engineering process such as auto designing, computer-aided manufacturing and designing to get new-age engineering product with low cost and a competitive edge.
Engineering services outsourcing has applications in industries such as aerospace, automotive, construction, consumer electronics, semiconductor, pharmaceuticals, and telecom and among others.
One of the key drivers driving the adoption of the engineering services outsourcing is likely to be the growing collaborations between original equipment manufacturers and engineering service providers.
The globalization of research and development activities, increased demand for utilizing the advanced and latest technologies into product offerings and the growing need to shorten product lifecycles and minimize costs are all likely to drive the engineering services outsourcing market expansion.
The engineering services outsourcing market has been steadily developing in response to customer’s increasing emphasis on outsourcing various services as part of their cost-cutting efforts.
The major challenges in the global engineering service outsourcing market such as the lack of domain expertise among workers or companies, poor infrastructure development, and poor regulatory support are all expected to impede the growth of the Engineering Services Outsourcing Market over the analysis period.
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Engineering Services Outsourcing Demand Analysis (2017 To 2021) Vs Market Outlook (2022 To 2032)
The global demand for engineering services outsourcing is projected to increase at a CAGR of 18.9% during the forecast period between 2022 and 2032, reaching a total of US$ 5,362.7 Billion in 2032, according to a report from Future Market Insights (FMI). From 2016 to 2021, sales witnessed significant growth, registering a CAGR of 14.8%.
The implementation of Industry 4.0 is encouraging smart manufacturing and is propelling the demand for the latest industrial solutions based on robotics, artificial intelligence (AI), and machine learning (ML), which is gradually creating opportunities for IT integration in the service offerings ESPs.
End-use industries such as automotive and aerospace, among others, require dedicated hardware manufacturing capabilities; as a result, they are approaching providers of digital transformation services. This in turn is expected to create lucrative opportunities for the growth of the Engineering Services Outsourcing Market during the forecast period. Furthermore, the growing demand for automation in the open systems is expected to create immense opportunities for ESPs.
The rapid technological advancements in industrial and communication technologies are expected to fuel higher demand for Engineering Services Outsourcing over the analysis period. Due to the growing focus on digitization in numerous industry verticals, engineering service providers focus on providing IIoT engineering services for OEMs.
Some of the IoT engineering services include IoT platform integration and IoT device development. As the Industrial Internet of Things (IIoT) becomes more prevalent and secured with the growing adoption of robotics, industrial automation, and 3D printing, the prominence of Engineering Services Outsourcing providers will increase during 2022-2032.
Which Drivers Underpin Engineering Services Outsourcing Industry Expansion?
Rise in the number of OEMs and ESO Collaborations
The growing collaborations between OEMs and Engineering Service Outsourcing providers are expected to boost the growth of the market during the forecast period. OEMs leverage the advantages of outsourcing services to improve quality, control costs of their products and services, and improve their expertise across various capabilities.
There has been a growth in the number of collaborations of OEMs with specific partnered Engineering Services Outsourcing to remain competitive and cost-effective. In addition, OEMs prefer to collaborate with ESPs to maintain product customization needs and integrate advanced technologies such as the Internet of Things (IoT), Machine-to-Machine (M2M) communications, embedded electronics, and other digital transformative solutions.
For instance, in March 2022, Airbus India awarded a multi-year contract to L&T Technology Services (LTTS), an IT solutions provider for aerostructure & systems design, manufacturing engineering, avionics, and software development, aero-engine design, ATM solutions, airlines, and MRO solutions.
Growing Research and Development Activities in Automotive Designs
The development of new and innovative technologies and solutions require research and development initiatives and good number of investments. The globalization of research and development has prompted leading industry participants to incorporate global delivery systems into their separate company strategies. This is one of the major factors that is expected to augment the growth of the Engineering Services Outsourcing Market in the near future.
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Talk to AnalystWhich Factors Are Limiting The Growth Of Engineering Services Outsourcing Market?
Risk of exposing confidential information and Threat of Cyberattack
The danger of losing sensitive data and confidentiality is the major drawback of engineering services outsourcing. When negotiating outsourced deals, having flawless procedures and checks regarding data loss and confidentiality contracts is a necessity. Thus, the risk of exposing confidential information is hindering the growth of the engineering services outsourcing market over the forecast period. In addition, digitization increases the threat of cyberattacks.
Various end-use industries and industry verticals exchange large volumes of data related to monitoring, load management, and quality assurance with service providers, OEMs, and consumers, which may be susceptible to data thefts and cybersecurity issues. Similarly, service providers, suppliers, and OEMs usually exchange confidential information on technology, performance, design, development, and support specifications.
Region-Wise Insights
Will North America Continue Dominance in the Global Engineering Services Outsourcing Market?
Adoption of New and Innovative Technology in the Region
The North America Engineering Services Outsourcing market is expected to accumulate a market share of 30.0% in 2022. On geographic basis, North America is anticipated to be the largest market for Engineering Services Outsourcing market, as the region is home to long standing suppliers as well as end user sectors that are constantly adopting new and innovative technologies to improve business efficiency and productivity.
Moreover, North America is gradually emerging as the most preferred offshore outsourcing location for manufacturers and suppliers based in the US. Also, North America has favorable government policies supporting outsourcing activity in the region, making it a lucrative market for both parties.
Where does the growth of Asia-Pacific Engineering Services Outsourcing Market stands?
Availability of Highly-Skilled Engineers in the Region
The Engineering Services Outsourcing market in Asia-Pacific is expected to accumulate a market share of 25.5% in 2022.The Asia-Pacific region is one of the fastest growing regions in the engineering services outsourcing market. For manufacturers and suppliers, the Asia-Pacific region has emerged as one of the most popular offshore outsourcing destinations.
This growth can be attributed to the presence of prominent software outsourcing service providers in the region, due to the availability of highly skilled engineers at low-cost locations offering technologically upgraded services. Moreover, APAC is a major hub for consumer electronics, telecom, and semiconductor industries, which are the primary users of ESO services.
Additionally, the emerging local outsourcing demand, strong manufacturing base, and cost arbitrage in developing countries, such as China and India are the major growth drivers of the Asia-Pacific engineering services outsourcing market.
How Will Growth of the European Engineering Services Outsourcing Market unfold?
Rising Adoption of Integrated Solutions to reaffirm growth in Europe
The Engineering Services Outsourcing Market in Europe is expected to accumulate a market share value of 21.5% in 2022.
Increasing industrial automation, along with the rising adoption of integrated solutions for analyzing and designing engineering systems, is one of the major factors driving the growth of the market.
Furthermore, widespread utilization of engineering systems, such as computer-aided design (CAD), computer-aided engineering (CAE), computer-aided manufacturing (CAM), and electronic design automation (EDA) software, is also boosting the market growth. This software aid in enhancing the overall efficiencies of the production processes and can be operated by the user over smartphones, laptops, and tablets.
Various technological advancements and the incorporation of digital transformational services are other factors that are expected to flourish the market growth. Other factors, including the increasing utilization of strategic outsourcing services by the automotive, marine, and offshore sectors, along with the development of 3D printing solutions, are expected to fuel the market further.
There is a rise in preference for the outsourcing of engineering services among small and medium-size engineering service providers, these services include, new product induction from conceptual design to final product development and validation, process engineering, automation, enterprise asset management, and overall business process enhancement.
This attributes to witness lucrative growth of the global engineering services outsourcing market.
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Category-Wise Insights
By Service, which Engineering Services Outsourcing Category will remain prominent?
Testing Engineering Services Outsourcing to beat Competition in Untiring Markets
The testing segment held the largest share of over 31% of the global revenue in 2021. The growing demand to reduce turnaround time by minimizing manual intervention is expected to propel the growth of the testing segment in recent years.
Also, OEMs hire software testing services from ESPs to develop and redesign product models with higher compatibility and bug-free operations. This in turn is expected to escalate the growth of the Engineering Services Outsourcing market over the analysis period.
By End-Use Application, which Engineering Services Outsourcing Category to dominate?
Industrial to Constitute the Bulk of the Engineering Services Outsourcing Market
The industrial segment dominated the ESO market, registering a revenue share of over 61% in 2022, and is expected to continue doing so during the forecast period. Digitization in exploration services, including drilling, blasting, crushing, and tunneling, is increasing the adoption of ESO in this sector.
The industrial sector extensively implements cloud infrastructure to modernize its IT infrastructure, drive automation, and streamline processes. Additionally, the deployment of the industrial internet of things (IIoT) to reduce downtimes, detect and prevent errors, and cut maintenance costs is expected to drive the industrial segment growth.
The Start-Up Ecosystem: How Key Players Are Opening Frontiers For Future Growth?
Start-ups consider outsourcing engineering groups with regards to conveying a most valued product or including usefulness inside directed due dates. This choice brings them access to certified assets with a constrained spending plan.
Engineering Services Outsourcing Providers such as IDSS Global, Chemionix, Microsourcing, Yempo Solutions, Sourcefit, DRC Systems, Pareekh Consulting, and Flatworld Solutions are adopting various marketing strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to identify the interest of potential buyers and create a larger customer base.
For instance,
- In March 2020, Chemionix, an Engineering Process Outsourcing Company, introduced an outsourcing solution for 2D and 3D outsource floorplan design service. Floor plan designing is put to use in promoting brochures and other web services. These are accurate and planned by experienced architects. Floor plans are displayed either alone or with other vital information to aid in interactive floor designing.
Market Competition
Who are the Leading Players in the Engineering Services Outsourcing Market?
Prominent players in the Engineering Services Outsourcing market are
- HCL Technologies
- Tata Elxsi
- Tata Consultancy Services Limited
- Tech Mahindra Limited
- Infosys Limited
- Wipro Limited
- Capgemini Engineering
- Alten Group
- AKKA
- Entelect
Recent Developments
- In December 2021, Tech Mahindra announced a strategic collaboration with the SOVICO Group, a leading investment group in Vietnam, to enable digital transformation for the SOVICO Group. The partnership was announced on the occasion of the official visit of H.E Vuong Dinh Hue, The Chairman of the National Assembly of Vietnam, to India.
- In May 2019, UK-based automobile and aerospace significant Rolls-Royce had chosen Infosys as a strategic long-term assistant to convey designing, and advanced administrations. It will offer Rolls-Royce, building a computerized answers to address its clients' issues. The US$ 11 Bn outsourcing firm has conveying programs in air and land-based gas turbines spanning component advancement, cutting edge producing advances, administration building, backing, testing and approval administrations.
Report Scope
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Report Attribute |
Details |
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Growth Rate |
CAGR of 18.9% from 2022-2032 |
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Market Value in 2022 |
US$ 949.7 Billion |
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Market Value in 2032 |
US$ 5,362.7 Billion |
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Base Year for Estimation |
2021 |
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Historical Data |
2017-2021 |
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Forecast Period |
2022-2032 |
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Quantitative Units |
Revenue in US$ Million and CAGR from 2022-2032 |
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Report Coverage |
Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Key Segments Covered in the Engineering Services Outsourcing Industry Analysis
Engineering Services Outsourcing Market by Service:
- Engineering Designing Outsourcing
- Prototyping Services Outsourcing
- System Integration Services Outsourcing
- Testing E Services Outsourcing
- Other Engineering Services Outsourcing
Engineering Services Outsourcing Market by Location:
- Onshore Engineering Services Outsourcing
- Offshore Engineering Services Outsourcing
Engineering Services Outsourcing Market by Application:
- Engineering Services Outsourcing for Aerospace
- Engineering Services Outsourcing for Automotive
- Engineering Services Outsourcing for Industrial
- Engineering Services Outsourcing for Consumer Electronics
- Engineering Services Outsourcing for Semiconductors
- Engineering Services Outsourcing for Healthcare
- Engineering Services Outsourcing for Telecom
Engineering Services Outsourcing Market by Region:
- North America Engineering Services Outsourcing Market
- Latin America Engineering Services Outsourcing Market
- Europe Engineering Services Outsourcing Market
- Asia Pacific Engineering Services Outsourcing Market
- Middle East & Africa Engineering Services Outsourcing Market
Frequently Asked Questions
As of 2021, the market for Engineering Services Outsourcing was valued at US$ 798.7 Billion, as per FMI
By 2022-end, sales of Engineering Services Outsourcing closed at a value of US$ 949.7 Billion
From 2016 to 2021, Engineering Services Outsourcing demand expanded at a CAGR of 14.8%
From 2022 to 2032, Engineering Services Outsourcing sales are expected to flourish at a CAGR of 18.9%
According to FMI, what is the anticipated market value for Engineering Services Outsourcing in 2032?
By 2032, the market value of Engineering Services Outsourcing is expected to reach US$ 5,362.7 Billion
By Service, the Testing Services category constitutes the bulk of market share of 33% during the forecast period.
By Application, the Industrial category of engineering services outsourcing is expected to dominate the market with a share of 64%.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Investment Feasibility Matrix
3.5. PESTLE and Porter’s Analysis
3.6. Regulatory Landscape
3.6.1. By Key Regions
3.6.2. By Key Countries
3.7. Regional Parent Market Outlook
4. Global Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast, 2022-2032
4.1. Historical Market Size Value (US$ Mn) Analysis, 2017-2021
4.2. Current and Future Market Size Value (US$ Mn) Projections, 2022-2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Service
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Mn) Analysis By Service, 2017-2021
5.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Service, 2022-2032
5.3.1. Designing
5.3.2. Prototyping
5.3.3. System Integration
5.3.4. Testing
5.4. Y-o-Y Growth Trend Analysis By Service, 2017-2021
5.5. Absolute $ Opportunity Analysis By Service, 2022-2032
6. Global Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Location
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Mn) Analysis By Location, 2017-2021
6.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Location, 2022-2032
6.3.1. On-Shore
6.3.2. Off-Shore
6.4. Y-o-Y Growth Trend Analysis By Location, 2017-2021
6.5. Absolute $ Opportunity Analysis By Location, 2022-2032
7. Global Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Application
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Mn) Analysis By Application, 2017-2021
7.3. Current and Future Market Size Value (US$ Mn) Analysis and Forecast By Application, 2022-2032
7.3.1. Aerospace
7.3.2. Automotive
7.3.3. Industrial
7.3.4. Consumer Electronics
7.3.5. Semiconductors
7.3.6. Healthcare
7.3.7. Telecom
7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
7.5. Absolute $ Opportunity Analysis By Application, 2022-2032
8. Global Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Mn) Analysis By Region, 2017-2021
8.3. Current Market Size Value (US$ Mn) Analysis and Forecast By Region, 2022-2032
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. MEA
8.4. Market Attractiveness Analysis By Region
9. North America Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
9.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
9.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
9.2.1. By Country
9.2.1.1. U.S.
9.2.1.2. Canada
9.2.2. By Service
9.2.3. By Location
9.2.4. By Application
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Service
9.3.3. By Location
9.3.4. By Application
9.4. Key Takeaways
10. Latin America Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
10.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
10.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Service
10.2.3. By Location
10.2.4. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Service
10.3.3. By Location
10.3.4. By Application
10.4. Key Takeaways
11. Europe Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
11.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
11.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. U.K.
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Europe
11.2.2. By Service
11.2.3. By Location
11.2.4. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Service
11.3.3. By Location
11.3.4. By Application
11.4. Key Takeaways
12. Asia Pacific Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
12.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
12.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
12.2.1. By Country
12.2.1.1. China
12.2.1.2. Japan
12.2.1.3. South Korea
12.2.1.4. India
12.2.1.5. Malaysia
12.2.1.6. Singapore
12.2.1.7. Australia
12.2.1.8. New Zealand
12.2.1.9. Rest of APAC
12.2.2. By Service
12.2.3. By Location
12.2.4. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Service
12.3.3. By Location
12.3.4. By Application
12.4. Key Takeaways
13. MEA Engineering Services Outsourcing Market Analysis 2017-2021 and Forecast 2022-2032, By Country
13.1. Historical Market Size Value (US$ Mn) Trend Analysis By Market Taxonomy, 2017-2021
13.2. Market Size Value (US$ Mn) Forecast By Market Taxonomy, 2022-2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. South Africa
13.2.1.3. Israel
13.2.1.4. Rest of MEA
13.2.2. By Service
13.2.3. By Location
13.2.4. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Service
13.3.3. By Location
13.3.4. By Application
13.4. Key Takeaways
14. Key Countries Engineering Services Outsourcing Market Analysis
14.1. U.S.
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Service
14.1.2.2. By Location
14.1.2.3. By Application
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Service
14.2.2.2. By Location
14.2.2.3. By Application
14.3. Brazil
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Service
14.3.2.2. By Location
14.3.2.3. By Application
14.4. Mexico
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Service
14.4.2.2. By Location
14.4.2.3. By Application
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Service
14.5.2.2. By Location
14.5.2.3. By Application
14.6. U.K.
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Service
14.6.2.2. By Location
14.6.2.3. By Application
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Service
14.7.2.2. By Location
14.7.2.3. By Application
14.8. Spain
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Service
14.8.2.2. By Location
14.8.2.3. By Application
14.9. Italy
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Service
14.9.2.2. By Location
14.9.2.3. By Application
14.10. China
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Service
14.10.2.2. By Location
14.10.2.3. By Application
14.11. Japan
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Service
14.11.2.2. By Location
14.11.2.3. By Application
14.12. South Korea
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Service
14.12.2.2. By Location
14.12.2.3. By Application
14.13. Malaysia
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Service
14.13.2.2. By Location
14.13.2.3. By Application
14.14. Singapore
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Service
14.14.2.2. By Location
14.14.2.3. By Application
14.15. Australia
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Service
14.15.2.2. By Location
14.15.2.3. By Application
14.16. New Zealand
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Service
14.16.2.2. By Location
14.16.2.3. By Application
14.17. GCC Countries
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Service
14.17.2.2. By Location
14.17.2.3. By Application
14.18. South Africa
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Service
14.18.2.2. By Location
14.18.2.3. By Application
14.19. Israel
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Service
14.19.2.2. By Location
14.19.2.3. By Application
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Service
15.3.3. By Location
15.3.4. By Application
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. AKKA
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.2. Alten Group
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.3. Capgemini Engineering
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.4. Entelect
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.5. HCL Technologies Limited
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.6. Infosys Limited
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.7. Tata Elxsi
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.8. Tata Consultancy Services Limited.
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.9. Tech Mahindra Limited
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.10. Wipro Limited
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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List of Tables
Table 01: Global Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 02: Global Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 03: Global Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 04: Global Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 05: North America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 06: North America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 07: North America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 08: North America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 09: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 11: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 12: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 13: Europe Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 14: Europe Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 15: Europe Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 16: Europe Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 17: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 19: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 20: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
Table 21: MEA Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 22: MEA Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Service, 2017-2032
Table 23: MEA Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Location, 2017-2032
Table 24: MEA Engineering Services Outsourcing Market Value (US$ Mn) Forecast by Application, 2017-2032
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Figure 01: Global Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 02: Global Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 03: Global Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 04: Global Engineering Services Outsourcing Market Value (US$ Mn) by Region, 2022-2032
Figure 05: Global Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 06: Global Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 07: Global Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 08: Global Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 09: Global Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 10: Global Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 11: Global Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 12: Global Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 13: Global Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 14: Global Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 15: Global Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 16: Global Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 17: Global Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 18: Global Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 19: Global Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 20: Global Engineering Services Outsourcing Market Attractiveness by Region, 2022-2032
Figure 21: North America Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 22: North America Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 23: North America Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 24: North America Engineering Services Outsourcing Market Value (US$ Mn) by Country, 2022-2032
Figure 25: North America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 26: North America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 27: North America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 28: North America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 29: North America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 30: North America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 31: North America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 32: North America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 33: North America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 34: North America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 35: North America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 36: North America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 37: North America Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 38: North America Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 39: North America Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 40: North America Engineering Services Outsourcing Market Attractiveness by Country, 2022-2032
Figure 41: Latin America Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 42: Latin America Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 43: Latin America Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 44: Latin America Engineering Services Outsourcing Market Value (US$ Mn) by Country, 2022-2032
Figure 45: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 46: Latin America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 47: Latin America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 48: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 49: Latin America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 50: Latin America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 51: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 52: Latin America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 53: Latin America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 54: Latin America Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 55: Latin America Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 56: Latin America Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 57: Latin America Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 58: Latin America Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 59: Latin America Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 60: Latin America Engineering Services Outsourcing Market Attractiveness by Country, 2022-2032
Figure 61: Europe Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 62: Europe Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 63: Europe Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 64: Europe Engineering Services Outsourcing Market Value (US$ Mn) by Country, 2022-2032
Figure 65: Europe Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 66: Europe Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 67: Europe Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 68: Europe Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 69: Europe Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 70: Europe Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 71: Europe Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 72: Europe Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 73: Europe Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 74: Europe Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 75: Europe Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 76: Europe Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 77: Europe Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 78: Europe Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 79: Europe Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 80: Europe Engineering Services Outsourcing Market Attractiveness by Country, 2022-2032
Figure 81: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 82: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 83: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 84: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) by Country, 2022-2032
Figure 85: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 86: Asia Pacific Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 87: Asia Pacific Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 88: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 89: Asia Pacific Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 90: Asia Pacific Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 91: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 92: Asia Pacific Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 93: Asia Pacific Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 94: Asia Pacific Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 95: Asia Pacific Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 96: Asia Pacific Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 97: Asia Pacific Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 98: Asia Pacific Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 99: Asia Pacific Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 100: Asia Pacific Engineering Services Outsourcing Market Attractiveness by Country, 2022-2032
Figure 101: MEA Engineering Services Outsourcing Market Value (US$ Mn) by Service, 2022-2032
Figure 102: MEA Engineering Services Outsourcing Market Value (US$ Mn) by Location, 2022-2032
Figure 103: MEA Engineering Services Outsourcing Market Value (US$ Mn) by Application, 2022-2032
Figure 104: MEA Engineering Services Outsourcing Market Value (US$ Mn) by Country, 2022-2032
Figure 105: MEA Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 106: MEA Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 107: MEA Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 108: MEA Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Service, 2017-2032
Figure 109: MEA Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Service, 2022-2032
Figure 110: MEA Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Service, 2022-2032
Figure 111: MEA Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Location, 2017-2032
Figure 112: MEA Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Location, 2022-2032
Figure 113: MEA Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Location, 2022-2032
Figure 114: MEA Engineering Services Outsourcing Market Value (US$ Mn) Analysis by Application, 2017-2032
Figure 115: MEA Engineering Services Outsourcing Market Value Share (%) and BPS Analysis by Application, 2022-2032
Figure 116: MEA Engineering Services Outsourcing Market Y-o-Y Growth (%) Projections by Application, 2022-2032
Figure 117: MEA Engineering Services Outsourcing Market Attractiveness by Service, 2022-2032
Figure 118: MEA Engineering Services Outsourcing Market Attractiveness by Location, 2022-2032
Figure 119: MEA Engineering Services Outsourcing Market Attractiveness by Application, 2022-2032
Figure 120: MEA Engineering Services Outsourcing Market Attractiveness by Country, 2022-2032
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