Topic: engineering services and outsourcing market

According to the Astute Analytica study on the global Engineering Services and Outsourcing Market, the size of the market will increase from USD 1,430.75 Billion in 2021 to USD 3,803.21 Billion by the year 2027, registering a remarkable compound annual growth rate (CAGR) of 17.7% from 2022 to 2027. The segmentation section of the report focuses on every segment, along with highlighting the ones having a strong impact on the global Engineering Services and Outsourcing market. The segmentation ...

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, implementat...