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Engineering Services Outsourcing Market: Cost Pressures in Product Development and Operations
The global engineering services outsourcing market is experiencing significant growth, driven by the increasing demand for cost-effective and specialized engineering solutions. Valued at USD 1,668.94 billion in 2024, the market is projected to reach USD 6,335.04 billion by 2033, reflecting a robust CAGR of 15.18% during 2025–2033. This expansion is fueled by factors such as the need for...
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