HCL Technologies, Infosys, Symphony Teleca Profiled in Engineering Services Outsourcing Market
Engineeringoutsourcing has always seen an upward growth in the past and this trend will
continue in the same way in 2019 as well. 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 2026.
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Top Key Players of Engineering
Services Outsourcing Market:
·
HCL Technologies
·
Infosys
·
Symphony Teleca
·
Aricent
·
TCS
·
Luxoft
·
Wipro
·
Accenture
The
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
The
global Engineering Services Outsourcing Market research report is integrated
considering the primary and secondary research methodologies that have been
collected from reliable sources intended to generate a factual database. The
data from market journals, publications, conferences, white papers and
interviews of key market leaders are compiled to generate our segmentation and
is mapped to a fair trajectory of the market during the forecast period.
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