Engineering Services Outsourcing Market Size to Expand Significantly by the End of 2029


Global Engineering Services Outsourcing Market size is expected to grow at 22.5% throughout the forecast period, reaching nearly US$ 423.33 Bn. by 2029.

Engineering Services Outsourcing Market

Engineering Services Outsourcing Market Overview

Maximize Market Research has published an intelligence report entitled Global Engineering Services Outsourcing Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, which includes meticulous primary and secondary research methods. The report covers insights into the market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. The research methodology has been applied to examine the global market and the findings have been logically mentioned in the report.

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Engineering Services Outsourcing Market Scope

Global Market research report provides vital statistics and analytical knowledge to grant an entire understanding of the market size, share, growth, trend, demand, top player and industry summary, opportunities, worth cycle, end-users, technology, types, and application. In addition, the report provides a detailed analysis of the competitive landscape and product offerings of key players, as well as investment opportunities available in the micro market for stakeholders. Qualitative and quantitative data provided by market research show that decision-makers are likely to see which market segments and regions are expected to grow faster, the factors that influence the market, and which areas are important opportunities. The report includes the competitive landscape of key industry players as well as new trends in themarket.


The telecom ESO segment is anticipated to experience significant growth during the projection period, depending on the application. During the course of the projected period, the consumer electronics ESO category is anticipated to expand quickly at a CAGR of around 30%. The idea of convergence is the main force behind the industry’s rapid transformations.

In 2021, the offshore segment’s revenue share was higher than the onshore segment’s based on geography. Due to the availability of competent and affordable labour in offshore countries, which makes them desirable outsourcing destinations, offshore outsourcing is predicted to become more popular.

Global Market (ESO)

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology

3. Executive Summary
3.1. Global Engineering Services Outsourcing (ESO) Market Size, by Market Value (US$ Bn) and Market, by Region

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Porter’s Analysis
4.3.5. Value Chain Analysis
4.3.6. SWOT Analysis

Key Players

• Infosys Limited
• Mindfire Solutions
• Sonata Software Limited
• Tata Consultancy Services Limited
• EPAM Systems Inc.
• KPIT Technologies Ltd.
• Aricent Inc.
• ALTEN Calsoft Labs
• RLE International, Inc.,
• Altair Engineering, Inc.
• PM Group
• Fareva
• Deaton Engineering, Inc.
• Aricent Group
• Cybage Software Pvt. Ltd.
• EPAM Systems, Inc.
• GlobalLogic
• Cyient
• Pactera Technology International Ltd

Regional Analysis

The report on the Market’s growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.

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Key Questions answered in the Market Report are:

  • What is Market?
  • What is the forecast period of the Market?
  • What is the competitive scenario of the market?
  • Which region held the largest market share in the  Market?
  • What are the opportunities for the Market?
  • What are the restraining factors in the market?
  • Who are the key players of the market?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Engineering Services Outsourcing
  • Landscape- Leading key players and other prominent key players.

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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