Global Engineering R-D Outsourcing Services Market Growth (Status and Outlook) 2023-2029

Global Engineering R-D Outsourcing Services Market Growth (Status and Outlook) 2023-2029

The global Engineering R-D Outsourcing Services market size is projected to grow from US$ 139010 million in 2022 to US$ 316020 million in 2029; it is expected to grow at a CAGR of 12.4% from 2023 to 2029.

United States market for Engineering R-D Outsourcing Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Engineering R-D Outsourcing Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Engineering R-D Outsourcing Services is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Engineering R-D Outsourcing Services players cover HCL Technologies, Capgemini SE, Cognizant, Tata Consultancy Services Limited, Wipro, Infosys Ltd., Persistent System, LTIMindtree Limited and Accenture, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Engineering R&D outsourcing service is a business model that entrusts the company's R&D projects and tasks to external service providers or professional teams. Through outsourcing R&D services, enterprises can hand over part or all of the R&D work to professional external teams to improve efficiency, reduce costs and obtain professional technical support.

LPI (LP Information)' newest research report, the “Engineering R-D Outsourcing Services Industry Forecast” looks at past sales and reviews total world Engineering R-D Outsourcing Services sales in 2022, providing a comprehensive analysis by region and market sector of projected Engineering R-D Outsourcing Services sales for 2023 through 2029. With Engineering R-D Outsourcing Services sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Engineering R-D Outsourcing Services industry.

This Insight Report provides a comprehensive analysis of the global Engineering R-D Outsourcing Services landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Engineering R-D Outsourcing Services portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Engineering R-D Outsourcing Services market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Engineering R-D Outsourcing Services and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Engineering R-D Outsourcing Services.

This report presents a comprehensive overview, market shares, and growth opportunities of Engineering R-D Outsourcing Services market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Product Design and Development
Manufacturing Process Development
Resources and Device Support

Segmentation by application
Electronic
Industrial
Automobile
Medical
Aerospace
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
HCL Technologies
Capgemini SE
Cognizant
Tata Consultancy Services Limited
Wipro
Infosys Ltd.
Persistent System
LTIMindtree Limited
Accenture
KPIT
Tech Mahindra Limited
Quest Global
Encora Digital LLC
ALTEN Group

Please note: The report will take approximately 2 business days to prepare and deliver.