Sales of Product Engineering Services Prompted by Demand for Smart Consumer Electronics, reports FactMR Study
Verfasser: ashwani_kailiya on Wednesday, 7 August 2019FactMR has recently published a new study titled “Product Engineering Services Market Forecast, Trend Analysis & Competition Tracking: Global Market Insights 2019 to 2029”, which delivers a precise insight about the global product engineering services market and their anticipated emergence across diverse sectors. The report highpoints that advent of connected/smart technology along with the succeeding hike in sales of smart electronic devices, in-vehicle networking systems and smart homes, are marked as key factors stirring demand for product engineering services in the global market.
As per this smart FactMR, the global demand for product engineering services is predicted to account for revenues valued US$ 26 Bn by the end of 2019. It has been recorded that gains will be mainly underpinned by the surging demand for shorter product life cycles. In addition, myriad opportunities are expected to hit vendors of product engineering services, after the dramatic growth of new product launches across diverse industry verticals.
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