Engineering R&D Services Outsourcing Market Outlook:
Engineering R&D Services Outsourcing Market size was over USD 407.53 billion in 2025 and is anticipated to cross USD 2.01 trillion by 2035, witnessing more than 17.3% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of engineering R&D services outsourcing is assessed at USD 470.98 billion.
With increasing digitization in almost every country, the competition to attract customers is at an all-time high. With so many options available for consumers, companies need to go out of their way for customer satisfaction to ensure long-term relationships with them. Therefore, the scope for software product testing services is very significant.
Increasing strategic investments by the leading market players are also accelerating the engineering R&D services outsourcing market. For instance, in June 2022, Capgemini announced plans to set up semiconductor design services centers throughout Europe to support Intel's expanded chip manufacturing and ecosystem design services program. This will help enhance the production capacity of next-generation semiconductors in Europe to better support regional enterprises and build resilience in the European semiconductor supply chains, in keeping with the strategic aims of the European Chips Act.
