• Market Insights

Engineering Service Providers (ESP) Market Insight

Strongest revenue growth potential for engineering service providers in the automotive and life science & electronics industry with a CAGR of 8% each in the period 2016-2019, mainly driven by e-mobility, connectivity and infotainment. Compared to other sectors, the entire ESP market is still highly fragmented across all industries, with the top 10 ESP only account for a market share of around 15%. Persistent trend towards outsourcing of development services.

Link to Full Report (German only)