Integration of Automation and Technology Drive Rapid Growth in the Engineering Services Market

New ARC Advisory Group research on the Engineering Services by Indian Global Service Providers market reveals that the integration of automation and technology innovations are driving this market. Engineering services play a key role in the efficiency and productivity of manufacturing industries. For that reason, a high level of efficiency is needed at the engineering stage, as the first step toward better production.

"Engineering service providers will find more opportunities in the future in efficient interoperability of all automation components, based on open system architecture that covers the entire production process with consistent data management, global standards, and uniform hardware and software interfaces. R&D benefits from data analytics and machine learning, allow engineers to analyze large datasets for trends, patterns, and insights. This helps in making data-driven decisions and improving the design process," according to Kiran Chavan, Analyst and key author of ARC's Engineering Services by Indian Global Service Providers Market Research.

Engineering Services by Indian Global Service Providers Market Trends

In addition to providing detailed competitive market share data, the research also addresses key market trends as follows:

  • Digitalization Trends 
  • IoT Trends
  • Renewable Energy and Clean Technologies 
  • Cybersecurity in Engineering
  • Nearshoring Closer to the Customer
  • Business Model Transformation with Industry Domain Knowledge 
  • Investments for Deep Core Competencies
  • Competitive Service Providers
  • Ability to Handle Significant Functions with Broad Scope 
  • Effect of Growing Captives

Leading Suppliers to the Engineering Services by Indian Global Service Providers Market Identified

In addition to providing specific market data and industry trends, this ARC market research also identifies and positions the leading suppliers to this market and provides and summarizes their relevant offerings. An alphabetical list of key suppliers covered in this analysis includes: HCL Technologies, InfoSys, Tata Consultancy Services, Tech Mahindra, Wipro.

About the Engineering Services by Indian Global Service Providers Research

Engineering ServicesThe Engineering Services by Indian Global Service Providers research explores the current and future market performance and related technology and business trends and identifies leading technology suppliers. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, five-year market forecasts, and five years of historical analysis. The research segmentation includes Industry, World Region, Revenue Type, Customer Tier, Solution Category, Overall Scope.

This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. ARC's Market Data Service (MDS) is an annual subscription service that provides a unique online environment to each customer, together with all the necessary user interface apps and datasets. MDS unlocks the full benefits of ARC’s time-tested market intelligence by leveraging the latest analytical tools and technologies to allow you to make more actionable, real-time business decisions. Interactive access to ARC’s qualitative analysis is displayed in context with up-to-date market data, allowing clients to develop customized views of the market to best suit their needs.  ARC continues to offer our traditional static Market Reports as a PDF.

ARC provides several types of market data services.  The most common are Market Growth Outlook and Competitive Analysis Services.  These services provide detailed market analysis of a single or multiple products or software applications. Please visit Market Data Services page for more details on these services.

Engage with ARC Advisory Group