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
The 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.
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