Press release
Market Overview: Global R&D Outsourcing Services Market to grow at a CAGR of 8.31% during Forecast 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.The global R&D outsourcing services market to grow at a CAGR of 8.31% during the period 2017-2021. 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
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
View Complete TOC with Tables and Figures at: https://www.researchmoz.us/global-randd-outsourcing-services-market-2017-2021-report.html/toc
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?
ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.
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