Global Engineering Research And Development (ER&D) Outsourcing Market Report 2024

Engineering Research And Development (ER&D) Outsourcing Global Market Report 2024 – By Type (Mechanic, Embedded IT, Software), By Location (Onsite, Offshore), By End User (Automotive, Consumer Electronics, Telecom, Heavy Machinery, Semiconductor, Computing System, Aerospace, Energy, Medical Devices, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Engineering Research And Development (ER&D) Outsourcing Global Market Report 2024

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Engineering Research And Development (ER&D) Outsourcing Market Definition

Engineering research and development (ER&D) outsourcing refers to the process of contracting out the research project to a development company that specializes in cutting-edge technology and employs knowledgeable engineers, skilled at creating profitable outsourcing partnerships. These are used as a widespread practice in which a corporation engages a different contractor to carry out tasks and manage activities.

The main types of engineering research and development (ER&D) outsourcing market are mechanic, embedded IT, and software. Mechanic is used for PLM implementation and customization services. The mechanic refers to the process of outsourcing that transfers ownership of the product to the individuals in charge of the CAD drawings that are used to convey measurements, tolerances, and crucial specifications for designs. The various types of locations include onsite, offshore. The several end users include automotive, consumer electronics, telecom, heavy machinery, semiconductor, computing system, aerospace, energy, medical devices, others.

Engineering Research And Development (ER&D) Outsourcing Market Segmentation

The engineering research and development (ER&D) outsourcing market covered in this report is segmented –

1) By Type: Mechanic, Embedded IT, Software

2) By Location: Onsite, Offshore

3) By End User: Automotive, Consumer Electronics, Telecom, Heavy Machinery, Semiconductor, Computing System, Aerospace, Energy, Medical Devices, Other End Users

Global Engineering Research And Development ER&D Outsourcing Market Size 2023 to 2028: Graph

Engineering Research And Development (ER&D) Outsourcing Market Size 2024 And Growth Rate

The engineering research and development (ER&D) outsourcing market size has grown exponentially in recent years. It will grow from $433.91 billion in 2023 to $537.67 billion in 2024 at a compound annual growth rate (CAGR) of 23.9%. The growth in the historic period can be attributed to need for niche skills and expertise, increase in globalization, emergence of startups, rise of multi-national corporations, shifts in global economic conditions.

Engineering Research And Development (ER&D) Outsourcing Market Growth Forecast

The engineering research and development (ER&D) outsourcing market size is expected to see exponential growth in the next few years. It will grow to $1288.8 billion in 2028 at a compound annual growth rate (CAGR) of 24.4%. The growth in the forecast period can be attributed to global talent shortages, increased regulatory complexity, need for flexibility, growing emphasis on sustainability, increased adoption of 5G. Major trends in the forecast period include artificial intelligence (AI) and machine learning (ML) integration, proliferation of IoT technologies, augmented reality (AR) and virtual reality (VR) implementation, remote collaboration tools.

Engineering Research And Development (ER&D) Outsourcing Market Driver: The Surge In Outsourcing Demand Propelling Growth In The Engineering Research And Development (ER&D) Outsourcing Market

Rising outsourcing demand is expected to propel the growth of the engineering research and development (ER&D) outsourcing market going forward. Outsourcing refers to the process of contracting out the research project to a development company that specializes in cutting-edge technology and employs knowledgeable engineers, skilled at creating profitable outsourcing partnerships. Outsourcing engineering services allow businesses to reduce work cost and reduce the costs associated with extra office space, labor, infrastructure, and operations. For instance, according to NASSCOM, an India-based National Association of Software and Service Companies, it is estimated that the global spending on engineering R&D (ER&D) to cross the $1.5 trillion mark by 2025-2026, of which $200 billion will be in the form of outsourced services. Therefore, the increase in rising outsourcing demand is driving the growth of the engineering research and development (ER&D) outsourcing market.

Engineering Research And Development (ER&D) Outsourcing Market Driver: The Role Of Cybersecurity Challenges In Accelerating Growth In The Engineering Research And Development (ER&D) Outsourcing Market

The increasing cybersecurity threat is expected to boost the growth of the engineering research and development (ER&D) outsourcing market going forward. A cybersecurity threat refers to a malicious and potential act or occurrence that aims to compromise the confidentiality, integrity, or availability of information systems, networks, and data. Outsourcing engineering research and development (ER&D) activities to specialized cybersecurity firms or experts grants access to a skilled professional pool, ensuring that security features are developed and implemented by experts with specific knowledge of cybersecurity. For instance, in September 2023, AAG, a provider of IT support services, reported that 39% of UK companies stated that they had experienced a cyberattack in 2022. Furthermore, in the first half of 2022, cybercrime had an impact on 53.35 million US individuals. Therefore, the increasing cybersecurity threat is driving the growth of the engineering research and development (ER&D) outsourcing market.

Global Engineering Research And Development (ER&D) Outsourcing Market Major Players

Major companies operating in the engineering research and development (ER&D) outsourcing market report are Accenture plc, International Business Machines Corporation, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, DXC Technology Company, Harman International Industries, Wipro LTD., Tech Mahindra Limited, EPAM Systems lnc., Alten Group, HCL Technologies Limited, Altran Technologies SA, Horiba Ltd., Akka Technologies Group, Mindtree Limited, Bertrandt AG, L&T Technology Services Limited, GlobalLogic Inc., IAV Gmbh, Cyient Limited, Tata Technologies Limited, Assystem, Kistler Group, KPIT Technologies Limited, FEV Europe GmbH, Infosys Limited, Vikram Solar Pvt. Ltd., QuEST Global Services Pte. Ltd., Luxoft lnc., Wabtec Corporation, Siemens AG, Robert Bosch GmbH, ABB Ltd., Honeywell International Inc., NEC Corporation

Global Engineering Research And Development (ER&D) Outsourcing Market Trend: The Role Of Engineering Research And Development Outsourcing In Mitigating The Impact Of Skilled Personnel Shortages

The lack of skilled personnel is expected to propel the growth of the engineering research and development outsourcing market going forward. Skilled personnel refer to any worker who has special skills, training, and knowledge that they can then apply to their work. A skilled worker is a person who had got trained in college, university, or technical school. Because of the lack of skilled personnel in many manufacturing and IT organizations, most of these companies are giving their technical work for outsourcing to other companies. This can be decreased by providing internal training in the organization. For instance, according to the Centre for Monitoring Indian Economy, an India-based government organization, in March 2022, the Indian skilled labor force had decreased by 3.8 million during 2022. Also, employment decreased by 1.4 million which is 396 million in 2022. This reduction decreased the employment rate by 36.7% for the year 2022. Further, according to Fortune, a US-based online news daily, in 2022, it is estimated that 85 million jobs will go unfilled globally by 2030 due to skills shortages, resulting in about $8.5 trillion in unrealized annual revenues. Therefore, the Lack of skilled personnel is driving the growth of the engineering research and development outsourcing market.

Global Engineering Research And Development (ER&D) Outsourcing Market Trend: Facility Expansion Trends In Engineering Research And Development Outsourcing

Major companies in this market are focusing on expanding their facilities to drive the development of the mining sector and meet market demand. A facility expansion refers to the process of increasing the capacity or capabilities of an existing facility. For instance, in May 2023, Applied Materials Inc., a US-based provider of engineering solutions, announced a facility expansion for collaborative research and development (R&D) in semiconductor process technology and manufacturing equipment. The extensive facility, with a multibillion-dollar investment, is strategically crafted to offer a unique combination of capabilities within the industry. It boasts over 180,000 square feet of cutting-edge cleanroom space—equivalent to more than three American football fields—dedicated to collaborative innovation with chipmakers, universities, and ecosystem partners. Purpose-built to expedite the introduction of new manufacturing advancements, the EPIC Center is anticipated to significantly shorten the industry's timeline for transitioning technologies from concept to commercialization, thereby enhancing the success rate of new innovations and maximizing the return on R&D investments across the semiconductor ecosystem.

Engineering Research And Development (ER&D) Outsourcing Market Merger And Acquisition:

HCL And Novo Nordisk Forge Strategic Partnership To Transform It Operations And Enhance End-User Experiences

In March 2022, HCL, an India-based software technology company, partnered with Novo Nordisk for an undisclosed amount. With this partnership HCL helps, Novo Nordisk transforms its IT operations, creates world-class end-user experiences, and increases the efficiency across its workforce. Through this partnership, HCL will implement a diversified omni-channel digital workplace solution for Novo Nordisk. Using the knowledge-centered service (KCS) methodology it helps the company to develop its next-generation automation and self-service capabilities. With this HCL will support more than 48,000 end-users. Novo Nordisk is a Denmark-based pharmaceutical company.

Regional Insights For The Global Engineering Research And Development (ER&D) Outsourcing Market

Asia-Pacific was the largest region in the engineering research and development outsourcing market in 2023. The regions covered in the engineering research and development (er&d) outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the engineering research and development (er&d) outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The engineering research and development (ER&D) outsourcing market includes revenues earned by entities by providing outsourcing services such as service outsourcing, equipment outsourcing. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The engineering research and development (ER&D) outsourcing market research report is one of a series of new reports from The Business Research Company that provides engineering research and development (ER&D) outsourcing market statistics, including engineering research and development (ER&D) outsourcing industry global market size, regional shares, competitors with an engineering research and development (ER&D) outsourcing market share, detailed engineering research and development (ER&D) outsourcing market segments, market trends and opportunities, and any further data you may need to thrive in the engineering research and development (ER&D) outsourcing industry. This engineering research and development (ER&D) outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Engineering Research And Development (ER&D) Outsourcing Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $537.67 billion
Revenue Forecast In 2033 $1288.8 billion
Growth Rate CAGR of 24.4% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Mechanic, Embedded IT, Software
2) By Location: Onsite, Offshore
3) By End User: Automotive, Consumer Electronics, Telecom, Heavy Machinery, Semiconductor, Computing System, Aerospace, Energy, Medical Devices, Other End Users
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Accenture plc; International Business Machines Corporation; Tata Consultancy Services Limited; Capgemini SE; Cognizant Technology Solutions Corporation; DXC Technology Company; Harman International Industries; Wipro LTD.; Tech Mahindra Limited; EPAM Systems lnc.; Alten Group; HCL Technologies Limited; Altran Technologies SA; Horiba Ltd.; Akka Technologies Group; Mindtree Limited; Bertrandt AG; L&T Technology Services Limited; GlobalLogic Inc.; IAV Gmbh; Cyient Limited; Tata Technologies Limited; Assystem; Kistler Group; KPIT Technologies Limited; FEV Europe GmbH; Infosys Limited; Vikram Solar Pvt. Ltd.; QuEST Global Services Pte. Ltd.; Luxoft lnc.; Wabtec Corporation; Siemens AG; Robert Bosch GmbH; ABB Ltd.; Honeywell International Inc.; NEC Corporation
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Engineering Research And Development (ER&D) Outsourcing Market Characteristics

    3. Engineering Research And Development (ER&D) Outsourcing Market Trends And Strategies

    4. Engineering Research And Development (ER&D) Outsourcing Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Engineering Research And Development (ER&D) Outsourcing Market Size and Growth

    5.1. Global Engineering Research And Development (ER&D) Outsourcing Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Engineering Research And Development (ER&D) Outsourcing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Engineering Research And Development (ER&D) Outsourcing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Engineering Research And Development (ER&D) Outsourcing Market Segmentation

    6.1. Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Mechanic

    Embedded IT

    Software

    6.2. Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Onsite

    Offshore

    6.3. Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Automotive

    Consumer Electronics

    Telecom

    Heavy Machinery

    Semiconductor

    Computing System

    Aerospace

    Energy

    Medical Devices

    Other End Users

    7. Engineering Research And Development (ER&D) Outsourcing Market Regional And Country Analysis

    7.1. Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Engineering Research And Development (ER&D) Outsourcing Market

    8.1. Asia-Pacific Engineering Research And Development (ER&D) Outsourcing Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Engineering Research And Development (ER&D) Outsourcing Market

    9.1. China Engineering Research And Development (ER&D) Outsourcing Market Overview

    9.2. China Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Engineering Research And Development (ER&D) Outsourcing Market

    10.1. India Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Engineering Research And Development (ER&D) Outsourcing Market

    11.1. Japan Engineering Research And Development (ER&D) Outsourcing Market Overview

    11.2. Japan Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Engineering Research And Development (ER&D) Outsourcing Market

    12.1. Australia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Engineering Research And Development (ER&D) Outsourcing Market

    13.1. Indonesia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Engineering Research And Development (ER&D) Outsourcing Market

    14.1. South Korea Engineering Research And Development (ER&D) Outsourcing Market Overview

    14.2. South Korea Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Engineering Research And Development (ER&D) Outsourcing Market

    15.1. Western Europe Engineering Research And Development (ER&D) Outsourcing Market Overview

    15.2. Western Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Engineering Research And Development (ER&D) Outsourcing Market

    16.1. UK Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Engineering Research And Development (ER&D) Outsourcing Market

    17.1. Germany Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Engineering Research And Development (ER&D) Outsourcing Market

    18.1. France Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Engineering Research And Development (ER&D) Outsourcing Market

    19.1. Italy Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Engineering Research And Development (ER&D) Outsourcing Market

    20.1. Spain Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Engineering Research And Development (ER&D) Outsourcing Market

    21.1. Eastern Europe Engineering Research And Development (ER&D) Outsourcing Market Overview

    21.2. Eastern Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Engineering Research And Development (ER&D) Outsourcing Market

    22.1. Russia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Engineering Research And Development (ER&D) Outsourcing Market

    23.1. North America Engineering Research And Development (ER&D) Outsourcing Market Overview

    23.2. North America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Engineering Research And Development (ER&D) Outsourcing Market

    24.1. USA Engineering Research And Development (ER&D) Outsourcing Market Overview

    24.2. USA Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Engineering Research And Development (ER&D) Outsourcing Market

    25.1. Canada Engineering Research And Development (ER&D) Outsourcing Market Overview

    25.2. Canada Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Engineering Research And Development (ER&D) Outsourcing Market

    26.1. South America Engineering Research And Development (ER&D) Outsourcing Market Overview

    26.2. South America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Engineering Research And Development (ER&D) Outsourcing Market

    27.1. Brazil Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Engineering Research And Development (ER&D) Outsourcing Market

    28.1. Middle East Engineering Research And Development (ER&D) Outsourcing Market Overview

    28.2. Middle East Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Engineering Research And Development (ER&D) Outsourcing Market

    29.1. Africa Engineering Research And Development (ER&D) Outsourcing Market Overview

    29.2. Africa Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Engineering Research And Development (ER&D) Outsourcing Market Competitive Landscape And Company Profiles

    30.1. Engineering Research And Development (ER&D) Outsourcing Market Competitive Landscape

    30.2. Engineering Research And Development (ER&D) Outsourcing Market Company Profiles

    30.2.1. Accenture plc

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. International Business Machines Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Tata Consultancy Services Limited

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Capgemini SE

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Cognizant Technology Solutions Corporation

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Engineering Research And Development (ER&D) Outsourcing Market Other Major And Innovative Companies

    31.1. DXC Technology Company

    31.2. Harman International Industries

    31.3. Wipro LTD.

    31.4. Tech Mahindra Limited

    31.5. EPAM Systems lnc.

    31.6. Alten Group

    31.7. HCL Technologies Limited

    31.8. Altran Technologies SA

    31.9. Horiba Ltd.

    31.10. Akka Technologies Group

    31.11. Mindtree Limited

    31.12. Bertrandt AG

    31.13. L&T Technology Services Limited

    31.14. GlobalLogic Inc.

    31.15. IAV Gmbh

    32. Global Engineering Research And Development (ER&D) Outsourcing Market Competitive Benchmarking

    33. Global Engineering Research And Development (ER&D) Outsourcing Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Engineering Research And Development (ER&D) Outsourcing Market

    35. Engineering Research And Development (ER&D) Outsourcing Market Future Outlook and Potential Analysis

    35.1 Engineering Research And Development (ER&D) Outsourcing Market In 2028 - Countries Offering Most New Opportunities

    35.2 Engineering Research And Development (ER&D) Outsourcing Market In 2028 - Segments Offering Most New Opportunities

    35.3 Engineering Research And Development (ER&D) Outsourcing Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Accenture plc Financial Performance
  • Table 75: International Business Machines Corporation Financial Performance
  • Table 76: Tata Consultancy Services Limited Financial Performance
  • Table 77: Capgemini SE Financial Performance
  • Table 78: Cognizant Technology Solutions Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Engineering Research And Development (ER&D) Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By Location, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Engineering Research And Development (ER&D) Outsourcing Market, Segmentation By End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Accenture plc Financial Performance
  • Figure 75: International Business Machines Corporation Financial Performance
  • Figure 76: Tata Consultancy Services Limited Financial Performance
  • Figure 77: Capgemini SE Financial Performance
  • Figure 78: Cognizant Technology Solutions Corporation Financial Performance
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Frequently Asked Questions

What is the definition of the engineering research and development (ER&D) outsourcing market?

Engineering research and development (ER&D) outsourcing refers to the process of contracting out the research project to a development company that specializes in cutting-edge technology and employs knowledgeable engineers, skilled at creating profitable outsourcing partnerships. These are used as a widespread practice in which a corporation engages a different contractor to carry out tasks and manage activities. For further insights on the engineering research and development (ER&D) outsourcing market, request a sample here

How will the engineering research and development (ER&D) outsourcing market drivers and restraints affect the engineering research and development (ER&D) outsourcing market dynamics? What forces will shape the engineering research and development (ER&D) o

The engineering research and development (ER&D) outsourcing market major growth driver - the surge in outsourcing demand propelling growth in the engineering research and development (ER&D) outsourcing market. For further insights on the engineering resea request a sample here

What is the forecast market size or the forecast market value of the engineering research and development (ER&D) outsourcing market ?

The engineering research and development (ER&D) outsourcing market size has grown exponentially in recent years. It will grow from $433.91 billion in 2023 to $537.67 billion in 2024 at a compound annual growth rate (CAGR) of 23.9%. The growth in the historic period can be attributed to need for niche skills and expertise, increase in globalization, emergence of startups, rise of multi-national corporations, shifts in global economic conditions. The engineering research and development (ER&D) outsourcing market size is expected to see exponential growth in the next few years. It will grow to $1288.8 billion in 2028 at a compound annual growth rate (CAGR) of 24.4%. The growth in the forecast period can be attributed to global talent shortages, increased regulatory complexity, need for flexibility, growing emphasis on sustainability, increased adoption of 5G. Major trends in the forecast period include artificial intelligence (AI) and machine learning (ML) integration, proliferation of IoT technologies, augmented reality (AR) and virtual reality (VR) implementation, remote collaboration tools. For further insights on the engineering research and development (ER&D) outsourcing market, request a sample here

How is the engineering research and development (ER&D) outsourcing market segmented?

The engineering research and development (ER&D) outsourcing market is segmented
1) By Type: Mechanic, Embedded IT, Software
2) By Location: Onsite, Offshore
3) By End User: Automotive, Consumer Electronics, Telecom, Heavy Machinery, Semiconductor, Computing System, Aerospace, Energy, Medical Devices, Other End UsersFor further insights on the engineering research and development (ER&D) outsourcing market,
request a sample here

Which region has the largest share of the engineering research and development (ER&D) outsourcing market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the engineering research and development outsourcing market in 2023. The regions covered in the engineering research and development (er&d) outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the engineering research and development (ER&D) outsourcing market, request a sample here.

Who are the major players in the engineering research and development (ER&D) outsourcing market?

Major companies operating in the engineering research and development (ER&D) outsourcing market report are Accenture plc, International Business Machines Corporation, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, DXC Technology Company, Harman International Industries, Wipro LTD., Tech Mahindra Limited, EPAM Systems lnc., Alten Group, HCL Technologies Limited, Altran Technologies SA, Horiba Ltd., Akka Technologies Group, Mindtree Limited, Bertrandt AG, L&T Technology Services Limited, GlobalLogic Inc., IAV Gmbh, Cyient Limited, Tata Technologies Limited, Assystem, Kistler Group, KPIT Technologies Limited, FEV Europe GmbH, Infosys Limited, Vikram Solar Pvt. Ltd., QuEST Global Services Pte. Ltd., Luxoft lnc., Wabtec Corporation, Siemens AG, Robert Bosch GmbH, ABB Ltd., Honeywell International Inc., NEC Corporation For further insights on the engineering research and development (ER&D) outsourcing market, request a sample here.

What are the key trends in the engineering research and development (ER&D) outsourcing market?

Major trend in the engineering research and development (ER&D) outsourcing market - facility expansion trends in engineering research and development outsourcing. For further insights on the engineering research and development (ER&D) outsourcing market, request a sample here.

What are the major opportunities in the engineering research and development (ER&D) outsourcing market? What are the strategies for the engineering research and development (ER&D) outsourcing market?

For detailed insights on the major opportunities and strategies in the engineering research and development (ER&D) outsourcing market, request a sample here.

How does the engineering research and development (ER&D) outsourcing market relate to the overall economy and other similar markets?

For detailed insights on engineering research and development (ER&D) outsourcing market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the engineering research and development (ER&D) outsourcing industry?

For detailed insights on the mergers and acquisitions in the engineering research and development (ER&D) outsourcing industry, request a sample here.

What are the key dynamics influencing the engineering research and development (ER&D) outsourcing market growth? SWOT analysis of the engineering research and development (ER&D) outsourcing market.

For detailed insights on the key dynamics influencing the engineering research and development (ER&D) outsourcing market growth and SWOT analysis of the engineering research and development (ER&D) outsourcing industry, request a sample here.