The Global Engineering Services Outsourcing Market is expected to grow by $ 187.99 billion during 2021-2025, progressing at a CAGR of almost 23% during the forecast period

New York, June 28, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Engineering Services Outsourcing Market 2021-2025" - https://www.reportlinker.com/p05483211/?utm_source=GNW
Our report on engineering services outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the cost savings from lower labor wages and reduced time to market and improved access to emerging markets. In addition, cost savings from lower labor wages is anticipated to boost the growth of the market as well.
The engineering services outsourcing market analysis includes end-user segment and geographic landscape.

The engineering services outsourcing market is segmented as below:
By End-user
• Automotive
• Consumer electronics
• Telecom
• Semiconductor
• Others

By Geographical Landscape
• North America
• APAC
• Europe
• South America
• MEA

This study identifies the growing focus on core competencies and lack of in-house expertiseas one of the prime reasons driving the engineering services outsourcing market growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on engineering services outsourcing market covers the following areas:
• Engineering services outsourcing market sizing
• Engineering services outsourcing market forecast
• Engineering services outsourcing market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading engineering services outsourcing market vendors that include Accenture Plc, Altair Engineering Inc., ALTEN Group, Capgemini Services SAS, HCL Technologies Ltd., Infosys Ltd., RLE INTERNATIONAL Produktentwicklungsgesellschaft mbH, Tata Consultancy Services Ltd., Tech Mahindra Ltd., and Wipro Ltd. Also, the engineering services outsourcing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio’s market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Read the full report: https://www.reportlinker.com/p05483211/?utm_source=GNW

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