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New Report says Engineering Services Outsourcing Market: Global Industry Analysis and Opportunity Assessment 2021

Friday, February 10, 2017 6:42
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Engineering Services Outsourcing Market Research Report covers the present scenario and the growth prospects of the Engineering Services Outsourcing Industry for 2016-2020. Engineering Services Outsourcing Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Engineering Services Outsourcing globally.

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The Engineering Services Outsourcing report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.

Following Companies Are Key Players of the Engineering Services Outsourcing Market:

  • HCL Technologies
  • Infosys
  • TCS
  • Tech Mahindra
  • Wipro

Other Prominent Vendors of Engineering Services Outsourcing Market Are:

  • Luxoft
  • Cyient
  • Tata Elxsi
  • QuEST Global
  • Symphony Teleca

“Automation in engineering services has triggered the usage of AI technology. AI-powered engineering solutions help to resolve various stages of design and development of engineering products. Automation in engineering services helps an organization to reduce cost by 35%-45%. Leading vendors in the market have invested in the development of engineering services powered by AI technologies.”


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According to the Engineering Services Outsourcing report, advanced IT solutions such as AI and machine learning are driven by automation in the various stages of product engineering phases. The traditional IT services are not capable of making innovative products to improve performance. The need to replace legacy automation systems with new highly efficient automation solutions for process improvements is one of the primary drivers in the market.

Report also presents Geographical Segmentation analysis of Engineering Services Outsourcing Market of Americas, APAC, EMEA region.


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Further, the Engineering Services Outsourcing report states that protecting IP is one of the major challenges confronting the global ESO market. Outsourcing engineering tasks to other countries raises IP concerns, given the risks associated with theft, or misuse of trade secrets or loss of IP rights. ESOs just work on the products of their customers, and they do not own them. Any innovation that emerges as a result of the work carried out belongs to the third-party service provider. Therefore, the enterprises that outsource their engineering services to third-party vendors always have concerns for IP loss as the service providers serve multiple customers that can be competitors.

Key questions answered in Engineering Services Outsourcing market report:

  • What will the Engineering Services Outsourcing market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving Engineering Services Outsourcing market?
  • What are the challenges to Engineering Services Outsourcing market growth?
  • Who are the key vendors in Engineering Services Outsourcing market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


No of Pages: 64

Price of Report: $ 2500 (Single User License)

Purchase Report @

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Mr. Ameya Pingaley

Market Reports World

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