The market is driven by outsourcing research and development services as a cost-effective solution, increasing the need to focus on core competencies, and increasing access to the global talent pool
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The research and development outsourcing services market is forecasted to grow by USD 3894.6 mn during 2023-2028, accelerating at a CAGR of 8.11% during the forecast period. The report on the research and development outsourcing services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by cost-effective nature of outsourcing research and development services, increasing need for end-users to focus on core competencies, and increased access to global talent pool.
The research and development outsourcing services market is segmented as below:
By End-user
- Automotive
- Consumer electronics
- Telecommunications
- Semiconductor
- Others
By Type
- Large enterprises
- Small and medium enterprises
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the research and development outsourcing services market covers the following areas:
- Research and development outsourcing services market sizing
- Research and development outsourcing services market forecast
- Research and development outsourcing services market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global research and development outsourcing services market: Accenture Plc, Altair Engineering Inc., Capgemini Service SAS, Carl Zeiss AG, Cisco Systems Inc., Cyient Ltd., DXC Technology Co., HCL Technologies Ltd., Hitachi Ltd., IAV GmbH, Infosys Ltd., Kistler Holding AG, KPIT Technologies Ltd., Mindfire Solutions, Quest Global Services Pte. Ltd., Sonata Software Ltd., Tata Sons Pvt. Ltd., Tech Mahindra Ltd., Wipro Ltd., and Mindtree Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is emergence of industry 4.0.'
According to the report, one of the major drivers for this market is the cost-effective nature of outsourcing research and development services.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Altair Engineering Inc.
- Capgemini Service SAS
- Carl Zeiss AG
- Cisco Systems Inc.
- Cyient Ltd.
- DXC Technology Co.
- HCL Technologies Ltd.
- Hitachi Ltd.
- IAV GmbH
- Infosys Ltd.
- Kistler Holding AG
- KPIT Technologies Ltd.
- Mindfire Solutions
- Quest Global Services Pte. Ltd.
- Sonata Software Ltd.
- Tata Sons Pvt. Ltd.
- Tech Mahindra Ltd.
- Wipro Ltd.
- Mindtree Ltd.
