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The publisher has been monitoring the engineering research and development services market and it is poised to grow by $513.86 bn during 2022-2026, accelerating at a CAGR of 12.75% during the forecast period. The report on the engineering research and development services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the need for technological innovation, optimized time-to-market strategy, and a lack of in-house expertise.
The engineering research and development services market analysis includes the end-user segment and geographic landscape.
The engineering research and development services market is segmented as below:
By End-user
- IT and telecom
- automotive
- semiconductor
- aerospace
- others
By Geography
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the advent of industry 4.0 as one of the prime reasons driving the engineering research and development services market growth during the next few years. Also, rising wages in ER and D destinations and growing captive operations in emerging economies will lead to sizable demand in the market.
The report on engineering research and development services market covers the following areas:
- Engineering research and development services market sizing
- Engineering research and development services market forecast
- Engineering research and development services market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading engineering research and development services market vendors that include ABB Ltd., Accenture Plc, AECOM, ALTEN Group, Cognizant Technology Solutions Corp., Happiest Minds Technologies Ltd., HCL Technologies Ltd., iNCAETEK Solutions Pvt. Ltd., Infosys Ltd., Magnasoft Consulting India Pvt. Ltd., QuEST Global Services Pte. Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., Virtusa Corp., Wipro Ltd., Capgemini Service SAS, and Tata Sons Pvt. Ltd. Also, the engineering research and development services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global engineering research and development services market: ABB Ltd., Accenture Plc, AECOM, ALTEN Group, Cognizant Technology Solutions Corp., Happiest Minds Technologies Ltd., HCL Technologies Ltd., iNCAETEK Solutions Pvt. Ltd., Infosys Ltd., Magnasoft Consulting India Pvt. Ltd., QuEST Global Services Pte. Ltd., Tata Consultancy Services Ltd., Tech Mahindra Ltd., Virtusa Corp., Wipro Ltd., Capgemini Service SAS, and Tata Sons Pvt. Ltd.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the advent of industry 4.0.`
According to the report, one of the major drivers of this market is the need for technological innovation.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- Accenture Plc
- AECOM
- ALTEN Group
- Cognizant Technology Solutions Corp.
- Happiest Minds Technologies Ltd.
- HCL Technologies Ltd.
- iNCAETEK Solutions Pvt. Ltd.
- Infosys Ltd.
- Magnasoft Consulting India Pvt. Ltd.
- QuEST Global Services Pte. Ltd.
- Tata Consultancy Services Ltd.
- Tech Mahindra Ltd.
- Virtusa Corp.
- Wipro Ltd.
- Capgemini Service SAS
- Tata Sons Pvt. Ltd.
