Press release
Global R&D Outsourcing Services Market To Set At CAGR Of 8.31% Between 2017-2021
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.
Technavios analysts forecast the global R&D outsourcing services market to grow at a CAGR of 8.31% during the period 2017-2021.
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Covered in this report
The 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
Technavio's 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
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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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
Factors affecting outsourcing industry
Benefits and drawbacks of outsourcing
PART 05: MARKET LANDSCAPE
Market overview
Product lifecycle
Market size and forecast
Five forces analysis
PART 06: MARKET SEGMENTATION BY END-USER
Market overview
Global R&D outsourcing services market in automotive sector
Global R&D outsourcing services market by consumer electronics
Global R&D outsourcing services market by telecommunication
Global R&D outsourcing services market by semiconductor
Global R&D outsourcing services market by aerospace
Global R&D outsourcing services market by healthcare
Global R&D outsourcing services market by construction
PART 07: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas: Market size and forecast
EMEA: Market size and forecast
APAC: Market size and forecast
Key leading countries
Market opportunity
PART 08: DECISION FRAMEWORK
PART 09: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 10: MARKET TRENDS
Rise in engineering analytics
Emergence of AI and machine learning
Evolution of industrial IoT
PART 11: VENDOR LANDSCAPE
Competitive scenario
Product offerings
Competitive analysis
Other prominent vendors
PART 12: KEY VENDOR PROFILE
HCL Technologies
Infosys
TCS
Tech Mahindra
Wipro
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