In 2023, it was estimated the market value of business engineering, research and development (ER&D) sourcing would reach 45 billion U.S. dollars. It was forecasted that the market value would reach 170 billion dollars by the year 2030. In 2023, India's share of global ER&D sourcing market was at 17 percent.
Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030
(in billion U.S. dollars)
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NASSCOM (India). (October 20, 2023). Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/
NASSCOM (India). "Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030 (in billion U.S. dollars)." Chart. October 20, 2023. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/
NASSCOM (India). (2023). Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/
NASSCOM (India). "Estimated Market Value of Business Engineering, Research and Development Sourcing in India in 2023 with Forecast for 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 20 Oct 2023, https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/
NASSCOM (India), Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/ (last visited October 04, 2024)
Estimated market value of business engineering, research and development sourcing in India in 2023 with forecast for 2030 (in billion U.S. dollars) [Graph], NASSCOM (India), October 20, 2023. [Online]. Available: https://www.statista.com/statistics/1427345/india-market-value-of-business-erandd-sourcing/
