Companies Dominating the Engineering R&D Services Outsourcing Landscape
- Capgemini Engineering
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- ALTEN Group
- HCL Technologies Limited
- Siemens
- SOLIZE Corporation
- Bertrandt AG
- Tech Mahindra Limited
- EDAG Engineering Group AG.
- Wipro Ltd.
- Infosys Limited
- Tata Consultancy Services Ltd.
- L&T Technology Services Limited
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of engineering R&D services outsourcing is evaluated at USD 407.53 billion.
The engineering R&D services outsourcing market size was valued at USD 314.46 billion in 2024 and is set to exceed USD 2.5 trillion by 2037, expanding at over 17.3% CAGR during the forecast period i.e., between 2025-2037. Growing demand for product solutions that incorporate the most advanced technologies, coupled with dynamically increasing spending on R&D developments throughout the world will boost the market growth.
Asia Pacific industry is predicted to dominate majority revenue share of 47% by 2037, due to strong presence of engineering R&D services providers in the region.
The major players in the market are Capgemini Engineering, ALTEN Group, HCL Technologies Limited, Siemens, SOLIZE Corporation, Bertrandt AG, Tech Mahindra Limited, EDAG Engineering Group AG., Wipro Ltd., Infosys Limited, Tata Consultancy Services Ltd., L&T Technology Services Limited
