According to a new report published by Polaris Market Research the global engineering services outsourcing market is anticipated to reach more than USD 1.96 trillion by 2026. The major factors which are driving this market is the access to low cost highly skilled resources which can work towards complex tasks of not only designing and testing but also on validation, simulation and execution. Companies are moving from business process outsourcing to knowledge process outsourcing and major industry verticals such as automotive, consumer electronics, semiconductors, aerospace and telecom are providing huge opportunities to the consulting companies.

1. Engineering Services Outsourcing Market: Repository Of
Analysis And Information For Every Facet Of The Industry
2019-2025
According to a new report published by Polaris Market Research the global engineering services
outsourcing market is anticipated to reach more than USD 1.96 trillion by 2026. The major
factors which are driving this market is the access to low cost highly skilled resources which can
work towards complex tasks of not only designing and testing but also on validation, simulation
and execution. Companies are moving from business process outsourcing to knowledge process
outsourcing and major industry verticals such as automotive, consumer electronics,
semiconductors, aerospace and telecom are providing huge opportunities to the consulting
companies.
The traction of offshore outsourcing can be seen owing to the low cost and added capabilities
from the service providers. There are pureplay ESO service providers which are not only
providing basic services but also, they are jointly investing with the companies to expand their
businesses in growing markets and geographies. Companies are also focusing on ESO services
to expand their market reach along with faster turnaround times from these providers. These
are some of the major advantages for the companies to outsource their services.
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The market for ESO has been evolved from outsourcing of simple low-cost engineering services
to capacity augmentation. These days companies are focusing more on reduced timelines,
increased productivity and quality of outsourcing services. Countries such as India, China are
the biggest market for ESO providers. Growing number of engineering professionals every year
coupled with low cost of service have pushed the market for ESO in this region.

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Companies in North America and Europe are considered to spend more on these services
however, Asia Pacific is the largest market for the ESO service providers. Countries such as India
and China have pushed the market for ESO and are estimated to continue the trend over the
forecast period. ESO applications in the automotive, telecom, consumer electronics and
aerospace segments is considered to have large market share in 2017. There has been an
increase in adoption in the offshore services as compared to onsite service due to low costs and
highly skilled professionals on the offshore locations. The offshore outsourcing type would grow
at a higher rate during the forecast period as compared to its counterpart.
The major restrains this market is facing is the intellectual property theft specifically during the
offshore outsourcing. This is the major problem faced by many companies, which eventually
generates a loss for these companies. However due to strict laws and changing regulations, this
challenge is expected to overcome during the forecast period. Major players which are profiled
in the study include HCL Technologies Limited, IAV GmbH, P+Z Engineering GmbH, Tata
Consulting Services Limited, Wipro Limited, EDAG Engineering GmbH, ASAP Holdings GmbH,
FEV Group, Cybage software, Kistler Instruments AG, Infosys Ltd, among others.
Table of Contents:
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Over-The-Top Devices and Services Market Insights
3.1. Over-The-Top Devices and Services – Industry snapshot
3.2. Over-The-Top Devices and Services - Ecosystem analysis
3.3. Over-The-Top Devices and Services Market Dynamics
3.3.1. Over-The-Top Devices and Services – Market Forces
3.3.1.1. Over-The-Top Devices and Services Market Driver Analysis
3.3.1.2. Over-The-Top Devices and Services Market Restraint/Challenges analysis
3.3.1.3. Over-The-Top Devices and Services Market Opportunity Analysis

3. 3.4. Industry analysis - Porter's five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Over-The-Top Devices and Services Market PEST Analysis, 2016
3.6. Over-The-Top Devices and Services Market Value Chain Analysis
3.7. Over-The-Top Devices and Services Industry Trends
3.8. Competitive Ranking Analysis
4. Over-The-Top Devices and Services Market Size and Forecast, 2017-2026 by Content
4.1. Key Findings
4.2. VOiP
4.3. Video
4.4. Text and Image
5. Over-The-Top Devices and Services Market Size and Forecast, 2017-2026 by Devices
5.1. Key Findings
5.2. Mobile Devices
5.3. Laptops and Desktops
5.4. Set Top Box
5.5. Gaming Consoles
6. Over-The-Top Devices and Services Market Size and Forecast, 2017-2026 by Services
and continue………
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depth market analysis, and reliable forecast data.

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