Global Engineering Research and Development Services Market 2022-2028

About Engineering Research and Development Services

Engineering research and development services include engineering and development operations and research and development activities such as design, simulation, and consultation.

’s analysts forecast the Global Engineering Research and Development Services Market to grow at a CAGR of 1.31% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global engineering research and development services market. To calculate the market size, the report considers the revenue generated by the major ER&D services offered by the vendors.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

's report, global engineering research and development services market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Accenture
• HCL Technologies
• Infosys
• TCS
• Wipro


Market driver
• Lack of in-house expertise
• For a full, detailed list, view our report

Market challenge
• Issues related to IP ownership
• For a full, detailed list, view our report

Market trend
• Rising wages of ER&D destinations
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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