The "Global Research and Development (R&D) Outsourcing Services Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The research and development outsourcing services market is poised to grow by $ 6.09 bn during 2020-2024 progressing at a CAGR of 7% during the forecast period.
The report on 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.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the outsourcing R&D services is a cost-effective solution, increasing need to focus on core competencies, and increased access to global talent pool. In addition, outsourcing R&D services is a cost-effective solution is anticipated to boost the growth of the market as well.
This study identifies the emergence of industry 4.0 as one of the prime reasons driving the research and development outsourcing services market growth during the next few years. Also, increase in M&A activities, and advent of IoT will lead to sizable demand in the market.
The report 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.
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading research and development outsourcing services market vendors that include Altair Engineering Inc., Capgemini Services SAS, IAV GmbH, Infosys Ltd., Kistler Instrumente AG, KPIT Technologies Ltd., Mindtree Ltd., Tata Elxsi Ltd., Tata Consultancy Services Ltd., and Wipro Ltd..
Also, the research and development outsourcing services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Key Topics Covered:
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Market Segmentation by End-user
Comparison by End-user
Automotive - Market size and forecast 2019-2024
Consumer electronics - Market size and forecast 2019-2024
Telecommunications - Market size and forecast 2019-2024
Semiconductor - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End-user
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume drivers - Demand led growth
Market positioning of vendors
Altair Engineering Inc.
Capgemini Services SAS
Kistler Instrumente AG
KPIT Technologies Ltd.
Tata Elxsi Ltd.
Tata Consultancy Services Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/bmj80d
View source version on businesswire.com: https://www.businesswire.com/news/home/20201020005883/en/
Laura Wood, Senior Press Manager
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