Houston, TX -- (SBWIRE) -- 03/16/2018 -- R&D outsourcing refers to the outsourcing of specific R&D activities to third-party service providers for designing, prototyping, testing, production, and sales. The need to survive in extremely competitive market environments has forced organizations to outsource their R&D operations to third-party service providers. R&D outsourcing enables organizations to develop innovative and cost-effective products in a short time. Also, R&D outsourcing services help organizations access talented and skilled engineering professionals from across the globe. Thus, R&D outsourcing enables organizations to develop an economical cost structure, use resources in the best possible way, and focus on core competencies.

The global R&D outsourcing services market to grow at a CAGR of +8% during the period 2017-2021

Research analysis on the global R&D outsourcing services market identifies that the rising focus on core competencies and better efficiency will be one of the major factors that will have a positive impact on the growth of the market. Companies are increasingly outsourcing IT-related requirements such as application and infrastructure management to IT outsourcing service providers. This provides the companies better assistance to reach their vision by allowing them to concentrate their resources on their core business. Numerous companies have saved a considerable amount of finances by adopting IT outsourcing services as it helps them to plan their business strategies associated to IT such as software development, IT procurement, and data center outsourcing at much lower costs.

Key vendors profiled in the report:
HCL Technologies, Infosys, Tata Consultancy Services

Some of the most prominent Key Vendors:
Aricent, Aspire Systems, Beyondsoft, Blue Star Infotech, Calsoft Labs, Cyient, EPAM Systems, GlobalLogic, iGATE, KPIT Technologies, Larsen & Toubro, MindTree, Pactera Technology International, QuEST Global Services, Sonata Software, Symphony Teleca, Tata Elxsi, Tata Technologies, Tech Mahindra

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Key segmentations and sub segmentations are elaborated with right information for R&D outsourcing market. The popularity and anticipated opportunities for all the segmentations are well explained in order to give a clear idea about the market trends. On the basis of estimations of the key segmentations, R&D outsourcing market has been elucidated. Technological developments which have taken place during the ongoing market situation and the predicted scenario during the forecast period are presented systematically.

The evolution of industrial IoT is one of the key trends that will contribute to the growth of this market in the forthcoming years. The increase in application of industrial IoT in the numerous industry verticals have led to increased utilization of smart connected devices that are helping manufacturers to enable M2M communications. Industrial IoT services assist the industrial manufacturers to design and develop products through real-time information exchange. Engineering research and development (ER&D) services for product engineering are mainly outsourced by enterprises. This will lead to the rise in the R&D outsourcing services market during the forecast period to bring in innovation in engineered products.

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Table Of Content:

Chapter 1 R&D Outsourcing Market Overview

Chapter 2 Global Economic Impact on Industry

Chapter 3 Global Market Competition by Manufacturers

Chapter 4 Global Production, Revenue (Value) by Region

Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Global Production, Revenue (Value), Price Trend by Type

Chapter 7 Global Market Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

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