Posts

Showing posts with the label Engineering Services Market Analysis

Engineering Services Market Size, Share and Global Forecast to 2028

Image
  Engineering Services Market The Engineering Services Market is expected to grow at a robust CAGR during the forecast period (2021-2028). The factors driving the growth of Engineering Services Market includes collaboration between Engineering Service Providers (ESP) and Original Equipment Manufacturers (OEM), growing demand to integrate advanced technologies such as Artificial Intelligence (AI) AND Internet of Things (IoT). Moreover, the increasing development of green buildings and transportation infrastructure such as railway, bridges, and roads, are some of the additional factors supplementing the Global Engineering Services Market . According to the report published by Financial Express, the Government of India, has allocated INR 1,40,367.13 crore to the Ministry of Railways for the fiscal year 2022-2023 to upgrade the Railways networks in India, which is expected to boost the Engineering Services Market size in the approaching years. In addition, the increasing application o...