Engineering Services Outsourcing Market in US 2023-2027

List of Tables

US Engineering Services Outsourcing Market 2023-2027

The US engineering services outsourcing market is forecasted to grow by USD 93,984.53 mn during 2022-2027, accelerating at a CAGR of 23.34% during the forecast period. The report on the US engineering services outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost savings from lower labor wages, access to high-quality manpower of engineering services outsourcing services, and a growing focus on core competencies/lack of in-house expertise.

Technavio's US engineering services outsourcing market is segmented as below:

By End-user

Telecom
Automotive
Healthcare
Aerospace
Semiconductor and others

By Geographical Landscape

North America

This study identifies the innovations in engineering services outsourcing services as one of the prime reasons driving the US engineering services outsourcing market growth during the next few years. Also, increasing digital transformation in organizations and growing adoption of ai by engineering services outsourcing providers will lead to sizable demand in the market.

The report on the US engineering services outsourcing market covers the following areas:

US engineering services outsourcing market sizing
US engineering services outsourcing market forecast
US engineering services outsourcing 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 US engineering services outsourcing market vendors that include Alten SA, Atos SE, Backoffice Pro, Capgemini Service SAS, Cognizant Technology Solutions Corp., Cyient Ltd., EPAM Systems Inc., FEV Consulting GmbH, Genpact Ltd., HCL Technologies Ltd., Honeywell International Inc., Infosys Ltd., Quest Global Services Pte. Ltd., Siemens AG, Sonata Software Ltd., SSA Business Solutions India, Tata Consultancy Services Ltd., Tech Mahindra Ltd., Wipro Ltd., and Flatworld Solutions Pvt. Ltd.. Also, the us engineering services outsourcing 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 the accurate market growth.

Product Code: IRTNTR70628

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Sourcing
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 11: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 12: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 14: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Engineering services outsourcing market in US 2017 - 2021
Exhibit 15: Historic Market Size - Data Table on engineering services outsourcing market in US 2017 - 2021 ($ million)
4.2 Sourcing Segment Analysis 2017 - 2021
Exhibit 16: Historic Market Size - Sourcing Segment 2017 - 2021 ($ million)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 19: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 20: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 21: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 22: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 23: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Sourcing

6.1 Market segments
Exhibit 25: Chart on Sourcing - Market share 2022-2027 (%)
Exhibit 26: Data Table on Sourcing - Market share 2022-2027 (%)
6.2 Comparison by Sourcing
Exhibit 27: Chart on Comparison by Sourcing
Exhibit 28: Data Table on Comparison by Sourcing
6.3 Offshore - Market size and forecast 2022-2027
Exhibit 29: Chart on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 30: Data Table on Offshore - Market size and forecast 2022-2027 ($ million)
Exhibit 31: Chart on Offshore - Year-over-year growth 2022-2027 (%)
Exhibit 32: Data Table on Offshore - Year-over-year growth 2022-2027 (%)
6.4 Onshore - Market size and forecast 2022-2027
Exhibit 33: Chart on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 34: Data Table on Onshore - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Chart on Onshore - Year-over-year growth 2022-2027 (%)
Exhibit 36: Data Table on Onshore - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Sourcing
Exhibit 37: Market opportunity by Sourcing ($ million)
Exhibit 38: Data Table on Market opportunity by Sourcing ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 39: Chart on End-user - Market share 2022-2027 (%)
Exhibit 40: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 41: Chart on Comparison by End-user
Exhibit 42: Data Table on Comparison by End-user
7.3 Telecom - Market size and forecast 2022-2027
Exhibit 43: Chart on Telecom - Market size and forecast 2022-2027 ($ million)
Exhibit 44: Data Table on Telecom - Market size and forecast 2022-2027 ($ million)
Exhibit 45: Chart on Telecom - Year-over-year growth 2022-2027 (%)
Exhibit 46: Data Table on Telecom - Year-over-year growth 2022-2027 (%)
7.4 Automotive - Market size and forecast 2022-2027
Exhibit 47: Chart on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Automotive - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Automotive - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Automotive - Year-over-year growth 2022-2027 (%)
7.5 Healthcare - Market size and forecast 2022-2027
Exhibit 51: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
7.6 Aerospace - Market size and forecast 2022-2027
Exhibit 55: Chart on Aerospace - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Aerospace - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Aerospace - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Aerospace - Year-over-year growth 2022-2027 (%)
7.7 Semiconductor and others - Market size and forecast 2022-2027
Exhibit 59: Chart on Semiconductor and others - Market size and forecast 2022-2027 ($ million)
Exhibit 60: Data Table on Semiconductor and others - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Chart on Semiconductor and others - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Semiconductor and others - Year-over-year growth 2022-2027 (%)
7.8 Market opportunity by End-user
Exhibit 63: Market opportunity by End-user ($ million)
Exhibit 64: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 65: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 66: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 67: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 68: Overview on factors of disruption
10.4 Industry risks
Exhibit 69: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 70: Vendors covered
11.2 Market positioning of vendors
Exhibit 71: Matrix on vendor position and classification
11.3 Alten SA
Exhibit 72: Alten SA - Overview
Exhibit 73: Alten SA - Product / Service
Exhibit 74: Alten SA - Key news
Exhibit 75: Alten SA - Key offerings
11.4 Atos SE
Exhibit 76: Atos SE - Overview
Exhibit 77: Atos SE - Business segments
Exhibit 78: Atos SE - Key news
Exhibit 79: Atos SE - Key offerings
Exhibit 80: Atos SE - Segment focus
11.5 Capgemini Service SAS
Exhibit 81: Capgemini Service SAS - Overview
Exhibit 82: Capgemini Service SAS - Business segments
Exhibit 83: Capgemini Service SAS - Key news
Exhibit 84: Capgemini Service SAS - Key offerings
Exhibit 85: Capgemini Service SAS - Segment focus
11.6 Cognizant Technology Solutions Corp.
Exhibit 86: Cognizant Technology Solutions Corp. - Overview
Exhibit 87: Cognizant Technology Solutions Corp. - Business segments
Exhibit 88: Cognizant Technology Solutions Corp. - Key news
Exhibit 89: Cognizant Technology Solutions Corp. - Key offerings
Exhibit 90: Cognizant Technology Solutions Corp. - Segment focus
11.7 EPAM Systems Inc.
Exhibit 91: EPAM Systems Inc. - Overview
Exhibit 92: EPAM Systems Inc. - Business segments
Exhibit 93: EPAM Systems Inc. - Key offerings
Exhibit 94: EPAM Systems Inc. - Segment focus
11.8 Genpact Ltd.
Exhibit 95: Genpact Ltd. - Overview
Exhibit 96: Genpact Ltd. - Business segments
Exhibit 97: Genpact Ltd. - Key news
Exhibit 98: Genpact Ltd. - Key offerings
Exhibit 99: Genpact Ltd. - Segment focus
11.9 HCL Technologies Ltd.
Exhibit 100: HCL Technologies Ltd. - Overview
Exhibit 101: HCL Technologies Ltd. - Business segments
Exhibit 102: HCL Technologies Ltd. - Key news
Exhibit 103: HCL Technologies Ltd. - Key offerings
Exhibit 104: HCL Technologies Ltd. - Segment focus
11.10 Honeywell International Inc.
Exhibit 105: Honeywell International Inc. - Overview
Exhibit 106: Honeywell International Inc. - Business segments
Exhibit 107: Honeywell International Inc. - Key news
Exhibit 108: Honeywell International Inc. - Key offerings
Exhibit 109: Honeywell International Inc. - Segment focus
11.11 Infosys Ltd.
Exhibit 110: Infosys Ltd. - Overview
Exhibit 111: Infosys Ltd. - Business segments
Exhibit 112: Infosys Ltd. - Key news
Exhibit 113: Infosys Ltd. - Key offerings
Exhibit 114: Infosys Ltd. - Segment focus
11.12 Quest Global Services Pte. Ltd.
Exhibit 115: Quest Global Services Pte. Ltd. - Overview
Exhibit 116: Quest Global Services Pte. Ltd. - Product / Service
Exhibit 117: Quest Global Services Pte. Ltd. - Key offerings
11.13 Siemens AG
Exhibit 118: Siemens AG - Overview
Exhibit 119: Siemens AG - Business segments
Exhibit 120: Siemens AG - Key news
Exhibit 121: Siemens AG - Key offerings
Exhibit 122: Siemens AG - Segment focus
11.14 Sonata Software Ltd.
Exhibit 123: Sonata Software Ltd. - Overview
Exhibit 124: Sonata Software Ltd. - Business segments
Exhibit 125: Sonata Software Ltd. - Key news
Exhibit 126: Sonata Software Ltd. - Key offerings
Exhibit 127: Sonata Software Ltd. - Segment focus
11.15 Tata Consultancy Services Ltd.
Exhibit 128: Tata Consultancy Services Ltd. - Overview
Exhibit 129: Tata Consultancy Services Ltd. - Business segments
Exhibit 130: Tata Consultancy Services Ltd. - Key news
Exhibit 131: Tata Consultancy Services Ltd. - Key offerings
Exhibit 132: Tata Consultancy Services Ltd. - Segment focus
11.16 Tech Mahindra Ltd.
Exhibit 133: Tech Mahindra Ltd. - Overview
Exhibit 134: Tech Mahindra Ltd. - Business segments
Exhibit 135: Tech Mahindra Ltd. - Key offerings
Exhibit 136: Tech Mahindra Ltd. - Segment focus
11.17 Wipro Ltd.
Exhibit 137: Wipro Ltd. - Overview
Exhibit 138: Wipro Ltd. - Business segments
Exhibit 139: Wipro Ltd. - Key news
Exhibit 140: Wipro Ltd. - Key offerings
Exhibit 141: Wipro Ltd. - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 142: Inclusions checklist
Exhibit 143: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 144: Currency conversion rates for US$
12.4 Research methodology
Exhibit 145: Research methodology
Exhibit 146: Validation techniques employed for market sizing
Exhibit 147: Information sources
12.5 List of abbreviations
Exhibit 148: List of abbreviations