LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their updated report on the engineering services outsourcing (ESO) market in the US. This new report will provide expert market insights for the forecast period 2018-2022.
The report will present updated insights into the market regarding the recent developments in this sector along with an in-depth analysis of the market in the global context. It will also provide new forecasts based on the most up-to-date information on numerous parameters such as trends, drivers, and challenges, which will have an impact on the overall market scenario.
The upgraded research report on the engineering services outsourcing market in the US is an integral part of Technavio’s ITO and BPO portfolio. Technavio offers valuable information and insights pertaining to market opportunities in this sector with a wide variety of market research reports covering different regions and top industry segments. Some of the topics covered include IT outsourcing, procurement outsourcing, human resource outsourcing, and ancillary revenue management.
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New opportunities for growth: engineering services outsourcing market in the US
The ability of outsourced services to reduce operating costs and to optimize return on investment will spur the growth prospects of this market. With the help of ESO services, enterprises can get support for a variety of capabilities, which includes working with the company's supply chain, designing manufactured parts, or developing aftermarket support for technical and engineering documentation. Furthermore, the capability of ESO to boost product development processes is a critical factor that will enhance market growth.
In the previous report, a senior research analyst at Technavio stated, “The ESO market in the US has high growth potential as only a small portion of the existing engineering service needs of the US market are being outsourced. Vendors that focus on co-innovating domain intensive technology solutions for the manufacturing, automotive, and energy and utility sectors are anticipated to gain maximum market prominence.”
Technavio’s new report on the engineering services outsourcing market in the US will evaluate the top performing countries and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving market growth
- Key trends expected to impact the market
- Competitive landscape and market share analysis of the key players
- Market opportunities and factors impeding growth
The report on the engineering services outsourcing market in the US for the period of 2018-2022 is available to order now and will be delivered within one week of purchase.
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