Trends in Engineering Services Market

Authors

  • Svetlana Vasilyevna Ivanova Plekhanov Russian University of Economics
  • Andrey Viktorovich Sotnikov Russian Foreign Trade Academy
  • Evgenija Vadimovna Taranovskaya Russian Foreign Trade Academy

DOI:

https://doi.org/10.24412.2072-8042-2022-8-54-60

Keywords:

engineering, civil engineering, industry, international trade, the impact of the Internet of things

Abstract

Under the influence of scientific and technological progress, new types of services appear on the global market for high-tech services that are in great demand in civil engineering, manufacturing aimed at automation, and in foreign markets. The average annual sales growth rates of new types of services exceed the growth rates of industrial output. The market is greatly influenced by the growing spread of the Internet of things. Corporations of industrialized countries are the leading market players, but the role of India, China and a number of states in Southeast Asia is growing among the countries providing the services in question.

Author Biographies

Svetlana Vasilyevna Ivanova, Plekhanov Russian University of Economics

Doctor of Economic Sciences
Place of work, post: Plekhanov Russian University of Economics, Professor of World Economics Department

Andrey Viktorovich Sotnikov, Russian Foreign Trade Academy

Doctor of Economic Sciences, Professor
Place of work, post: Russian Foreign Trade Academy, Department of International Trade and Foreign Trade of RF, Professor

Evgenija Vadimovna Taranovskaya, Russian Foreign Trade Academy

Candidate of Technical Sciences, Associate Professor
Place of work, post: Russian Foreign Trade Academy, Department of Finance, Monetary and Credit Relations, Professor

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Published

2024-01-26

How to Cite

Ivanova, S. V., Sotnikov, A. V., & Taranovskaya, E. V. (2024). Trends in Engineering Services Market. Russian Foreign Economic Journal, (8), 54–60. https://doi.org/10.24412.2072-8042-2022-8-54-60

Issue

No. 8 (2022)

Section

World economy