Topic: engineering services and outsourcing market size

The global Engineering Services and Outsourcing market was valued at USD 1,430.75 Billion in 2021 and is forecasted to reach USD 3,803.21 Billion by the year 2027. The market is anticipated to register a CAGR of 17.7% over the projected period. Engineering Services and Outsourcing is a process of assigning certain engineering tasks and functions to an organization or a team outside of the organization. Reduction in overhead cost is expected to boost the market growth. Furthermore, impleme...