The global product engineering services market size accounted for USD 1.29 trillion in 2024, grew to USD 1.38 trillion in 2025 and is expected to be worth around USD 2.59 trillion by 2034, registering a solid CAGR of 7.24% between 2024 and 2034. The North America product engineering services market size is calculated at USD 660 million in 2024 and is expected to grow at a CAGR of 7.27% during the forecast year.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
5.1. COVID-19 Landscape: Product Engineering Services Industry Impact
5.2. COVID-19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
8.1. Product Engineering Services Market, by Service, 2024-2034
8.1.1 Design
8.1.1.1. Market Revenue and Forecast (2021-2034)
8.1.2. Development
8.1.2.1. Market Revenue and Forecast (2021-2034)
8.1.3. Deployment
8.1.3.1. Market Revenue and Forecast (2021-2034)
8.1.4. Testing
8.1.4.1. Market Revenue and Forecast (2021-2034)
8.1.5. Support and Maintenance
8.1.5.1. Market Revenue and Forecast (2021-2034)
8.1.6. Redesigning and Re-Engineering
8.1.6.1. Market Revenue and Forecast (2021-2034)
8.1.7. Others (Strategy, Research, and Consulting)
8.1.7.1. Market Revenue and Forecast (2021-2034)
9.1. Product Engineering Services Market, by Enterprise, 2024-2034
9.1.1. Large Enterprises
9.1.1.1. Market Revenue and Forecast (2021-2034)
9.1.2. Small and Medium Enterprises (SMEs)
9.1.2.1. Market Revenue and Forecast (2021-2034)
10.1. Product Engineering Services Market, by Industry, 2024-2034
10.1.1. Automotive
10.1.1.1. Market Revenue and Forecast (2021-2034)
10.1.2. Aerospace and Defense
10.1.2.1. Market Revenue and Forecast (2021-2034)
10.1.3. Healthcare
10.1.3.1. Market Revenue and Forecast (2021-2034)
10.1.4. BFSI
10.1.4.1. Market Revenue and Forecast (2021-2034)
10.1.5. IT
10.1.5.1. Market Revenue and Forecast (2021-2034)
10.1.6. Industrial Manufacturing
10.1.6.1. Market Revenue and Forecast (2021-2034)
10.1.7. Energy and Utilities
10.1.7.1. Market Revenue and Forecast (2021-2034)
10.1.8. Telecom
10.1.8.1. Market Revenue and Forecast (2021-2034)
10.1.9. Others
10.1.9.1. Market Revenue and Forecast (2021-2034)
11.1. North America
11.1.1. Market Revenue and Forecast, by Service (2021-2034)
11.1.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.1.3. Market Revenue and Forecast, by Industry (2021-2034)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.1.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.1.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.1.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.1.5.3. Market Revenue and Forecast, by Industry (2021-2034)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Service (2021-2034)
11.2.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.2.3. Market Revenue and Forecast, by Industry (2021-2034)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.2.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.2.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.2.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.2.5.3. Market Revenue and Forecast, by Industry (2021-2034)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Service (2021-2034)
11.2.6.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.2.6.3. Market Revenue and Forecast, by Industry (2021-2034)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Service (2021-2034)
11.2.7.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.2.7.3. Market Revenue and Forecast, by Industry (2021-2034)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Service (2021-2034)
11.3.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.3.3. Market Revenue and Forecast, by Industry (2021-2034)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.3.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.3.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.3.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.3.5.3. Market Revenue and Forecast, by Industry (2021-2034)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Service (2021-2034)
11.3.6.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.3.6.3. Market Revenue and Forecast, by Industry (2021-2034)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Service (2021-2034)
11.3.7.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.3.7.3. Market Revenue and Forecast, by Industry (2021-2034)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.4.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.4.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.4.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.4.5.3. Market Revenue and Forecast, by Industry (2021-2034)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Service (2021-2034)
11.4.6.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.4.6.3. Market Revenue and Forecast, by Industry (2021-2034)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Service (2021-2034)
11.4.7.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.4.7.3. Market Revenue and Forecast, by Industry (2021-2034)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.5.3. Market Revenue and Forecast, by Industry (2021-2034)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Service (2021-2034)
11.5.4.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.5.4.3. Market Revenue and Forecast, by Industry (2021-2034)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Service (2021-2034)
11.5.5.2. Market Revenue and Forecast, by Enterprise (2021-2034)
11.5.5.3. Market Revenue and Forecast, by Industry (2021-2034)
12.1. Oracle. (U.S.)
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Accenture (Ireland)
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Infosys Limited (India)
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. GEP (U.S.)
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Genpact (U.S.)
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Proxima (U.K.)
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. IBM (U.S.)
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Broadcom (U.S.)
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. WNS (Holdings) Ltd. (India)
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Capgemini (France)
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
14.1. About Us
14.2. Glossary of Terms
No cookie-cutter, only authentic analysis – take the 1st step to become a Precedence Research client
Report Description
Get a Sample