Europe Engineering Services Outsourcing Market Size & Outlook
Europe engineering services outsourcing market, 2018-2030 (US$M)
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Europe engineering services outsourcing market highlights
- The Europe engineering services outsourcing market generated a revenue of USD 711.0 million in 2024.
- The market is expected to grow at a CAGR of 25.8% from 2025 to 2030.
- In terms of segment, automotive was the largest revenue generating application in 2024.
- Healthcare is the most lucrative application segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2025 to 2030.
Europe data book summary
| Market revenue in 2024 | USD 711.0 million |
| Market revenue in 2030 | USD 2,914.9 million |
| Growth rate | 25.8% (CAGR from 2025 to 2030) |
| Largest segment | Automotive |
| Fastest growing segment | Healthcare |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace, Automotive, Industrial, Consumer Electronics, Semiconductors, Healthcare, Telecom |
| Key market players worldwide | Adecco Group AG, Alten, Capgemini SE, HCL Technologies, Infosys Ltd ADR, Tata Consultancy Services, Mahindra & Mahindra Ltd DR, Wipro Ltd ADR |
Other key industry trends
- In terms of revenue, Europe region accounted for 27.6% of the global engineering services outsourcing market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Latin America is the fastest growing regional market and is projected to reach USD 1,021.2 million by 2030.
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Engineering Services Outsourcing Market Scope
Engineering Services Outsourcing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe engineering services outsourcing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to engineering services outsourcing market will help companies and investors design strategic landscapes.
Automotive was the largest segment with a revenue share of 24.51% in 2024. Horizon Databook has segmented the Europe engineering services outsourcing market based on aerospace, automotive, industrial, consumer electronics, semiconductors, healthcare, telecom covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Europe engineering services outsourcing market databook
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Our clientele includes a mix of engineering services outsourcing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe engineering services outsourcing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe engineering services outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe engineering services outsourcing market size, by country, 2018-2030 (US$M)
Europe Engineering Services Outsourcing Market Outlook Share, 2024 & 2030 (US$M)
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