Digital Engineering Spend is Expected to Grow by 124% by 2022; Creating Vast Revenue Opportunities for Engineering R&D Service Providers, Predicts Zinnov

~ Global Corporate Engineering and R&D (ER&D) spend is pegged at US$ 1,099 billion and is expected to reach US$ 1,310 billion by 2022 ~

~ Global Digital Engineering spend stands at US$ 217 billion and accounts for 20% of Corporate ER&D spending, which is expected to touch US$ 485 billion by 2022 ~

Zinnov, a global management consulting firm…

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