Summary – A new market study, “Global R&D Outsourcing Services Market Size, Status and Forecast 2020-2026”has been featured on WiseGuyReports. About R&D Outsourcing Services
About R&D Outsourcing Services
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.
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Technavio’s analysts forecast the global R&D outsourcing services market to grow at a CAGR of 8.31% during the period 2017-2021.
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
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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
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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
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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 analyst’s time when you purchase this market report. Details are provided within the report.
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