Global R&D Outsourcing Services Market 2017-2021

Published: November 2017
No. of Pages: 76
    ReportsandReports

R&D outsourcing refers to outsourcing non-physical engineering R&D tasks such as designing, simulation, and consultation to specialized vendors. It involves factors such as improvement in different processes, efficiency enhancement, cost advantage, and lowered time-to-market for products. Firms outsourcing their engineering R&D services consider these factors prior to adopting the service.

The analysts forecast global R&D outsourcing services market to grow at a CAGR of 8.31% during the period 2017-2021.

Covered in this report

This report covers the present scenario and the growth prospects of the global R&D outsourcing services market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

This report, Global R&D Outsourcing Services Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • HCL Technologies
  • Infosys
  • TCS
  • Tech Mahindra
  • Wipro

Other prominent vendors

  • Aricent
  • GlobalLogic
  • Cyient
  • Luxoft
  • Mindtree
  • QuEST Global Services
  • Tata Elxsi

Market driver

  • Cost reduction and efficiency
  • For a full, detailed list, view our report

Market challenge

  • Lack of effective communication between client and vendor
  • For a full, detailed list, view our report

Market trend

  • Rise in engineering analytics
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Published By: Technavio
Product Code: Technavio17908


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