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Global Engineering Services Outsourcing (Automotive, Telecom, Computer Electronics) Market Size, Share & Trends Analysis Report 2019-2025 - ResearchAndMarkets.com

November 13, 2019 GMT

DUBLIN--(BUSINESS WIRE)--Nov 13, 2019--

The “Engineering Services Outsourcing (ESO) Market Size, Share & Trends Analysis Report By Application (Automotive, Telecom, Computer Electronics), Location (Onshore, Offshore), And Region Segment Forecasts, 2019 - 2025” report has been added to ResearchAndMarkets.com’s offering.

The global engineering services outsourcing market size is projected to reach USD 1.50 trillion by 2025.

It is anticipated to expand at a CAGR of 29.5% during the forecast period. Engineering Service Providers (ESPs) aid in simplifying the complexities faced by Original Equipment Manufacturers (OEMs) in the development of contemporary products. Tasks such as designing, testing, prototyping, and Product Lifecycle Management (PLM), as well as equipping products with Artificial Intelligence (AI) and IoT connectivity, are often outsourced to ESPs.

Multinational companies based in countries such as U.S., U.K., Germany, and France, among others, are outsourcing advanced technological services to India, South Africa, China, Brazil, Mexico, Russia, and other developing nations due to the cost benefit and technical proficiency these countries offer. This factor is anticipated to bode well for ESO market growth over the forecast period.

The hazards associated with the breach of Intellectual Property (IP) secrecy has proven to be an obstacle while outsourcing critical tasks to ESPs. Companies have to exert a high degree of vigilance to prevent IP theft, particularly in a few offshore locations where the existing legal enforcements make it difficult to prosecute firms which misuse patents and confidential data.

Further key findings from the report suggest:

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

2.1. Industry Snapshot & Key Buying Criteria, 2014 - 2025

Chapter 3. ESO Industry Outlook

3.1. Market Segmentation & Scope

3.2. ESO Market Size and Growth Prospects

3.3. Outsourcing Classification

3.4. ESO - Value Chain Analysis

3.5. ESO Services Evolution

3.6. Market Dynamics

3.6.1. Market driver analysis

3.6.1.1. Increased tie-ups between automotive OEMs and suppliers

3.6.1.2. Need to reduce overall costs incurred by the OEMS

3.6.1.3. Shorter product lifecycle

3.6.2. Market restraint analysis

3.6.2.1. Intellectual Property (IP) confidentiality and security threats

3.7. Key Opportunities - Prioritized

3.8. Industry Analysis - Porter’s

3.9. ESO - PEST Analysis

3.10. ESO - Key Competitor Analysis, 2018

Chapter 4. ESO Application Estimates & Trend Analysis

4.1. Application Outlook Key Takeaways, 2014 - 2025

4.2. ESO: Application Movement Analysis, 2018 & 2025

4.3. Aerospace

4.4. Automotive

4.4.1. Market estimates & forecasts by region, 2014 - 2025 (USD Billion)

4.4.2. Designing

4.4.3. Prototyping

4.4.4. System Integration

4.4.5. Testing

4.5. Construction

4.6. Consumer Electronics

4.7. Semiconductors

4.8. Pharmaceuticals

4.9. Telecom

4.10. Others

Chapter 5. ESO Location Type Estimates & Trend Analysis

5.1. Location Type Outlook Key Takeaways, 2014 - 2025

5.2. ESO: Location Type Movement Analysis, 2018 & 2025

5.3. Onshore

5.4. Offshore

Chapter 6. ESO Regional Estimates & Trend Analysis

6.1. Regional Outlook Key Takeaways, 2014 - 2025

6.2. ESO Market Share by Region, 2018 & 2025

Chapter 7. Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/ibtlle

View source version on businesswire.com:https://www.businesswire.com/news/home/20191113005614/en/

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KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING ENGINEERING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 11/13/2019 11:06 AM/DISC: 11/13/2019 11:06 AM

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