global engineering services outsourcing eso market expected to reach usd 415 74 billion by 2020 n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Engineering Services Outsourcing Market:Grand View Research PowerPoint Presentation
Download Presentation
Engineering Services Outsourcing Market:Grand View Research

Loading in 2 Seconds...

play fullscreen
1 / 5

Engineering Services Outsourcing Market:Grand View Research - PowerPoint PPT Presentation


  • 149 Views
  • Uploaded on

Increased cost pressures on global firms resulting in constrained R&D budgets is a primary driver for market growth over the forecast period. Additionally, shorter product life cycles owing to dynamic consumer buying behavior are also expected to favorably impact market growth. More information visit http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Engineering Services Outsourcing Market:Grand View Research' - elina23


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
global engineering services outsourcing eso market expected to reach usd 415 74 billion by 2020

Global Engineering Services Outsourcing (ESO) Market Expected to Reach USD 415.74 Billion by 2020

Grand View Research has announced the addition of "Global Engineering Services Outsourcing Market Analysis And Segment Forecasts To 2020" Market Research report to their Database

slide2

The global engineering services outsourcing (ESO) market (http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market) is expected to reach USD 415.74 billion by 2020, according to a new study by Grand View Research, Inc. Increased cost pressures on global firms resulting in constrained R&D budgets is a primary driver for market growth over the forecast period. Additionally, shorter product life cycles owing to dynamic consumer buying behavior are also expected to favorably impact market growth.

Enhancement in production process, cost advantage and lowered time-to-market are some of the other factors expected to boost market growth. Threat of intellectual property (IP) theft may pose a challenge to industry growth as it results in significant losses for businesses. Legal enforcements in a few offshore locations make it difficult for prosecuting firms which misuse confidential data and patents.

The report “Engineering Services Outsourcing Market Analysis By End-Use (Aerospace, Automotive, Construction, Consumer Electronics, Semiconductors, Pharmaceuticals, Telecom) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

slide3

Further key findings from the study suggest:

  • ESO demand in telecom accounted for over 20% of the overall market in 2013. Telecommunications service providers have been implementing operations and business support systems for ensuring smooth business operations. This requires significant back-end expertise and equipment, thus propelling the use of ESO in systems. The consumer electronics segment is expected to witness the fastest growth over the forecast period. This can be primarily attributed to drastic reduction in product life cycles, forcing companies to bring about product innovations at a faster rate.
  • Asia Pacific was the largest regional market in 2013, accounting for over 50% of the total demand; it is further expected to remain the market leader over the forecast period. This is mainly on account of the presence of a large talent pool, strong manufacturing base, emerging local demand and cost arbitrage in countries such as China and India. The market in Europe is expected to grow at a CAGR of over 25% from 2014 to 2020, owing to an inclination among several European firms to outsource engineering activities within the same country or within Western European nations for ensuring regulatory compliance.
  • Key industry participants include HCL Technologies Ltd, Wipro, Tata Consultancy Services and Infosys Ltd. Other companies operating in the market include VanceInfo Technologies Inc., Tata ELXSI, QuEST Global, MindTree Ltd., KPIT Cummins Infosystems Ltd., Infotech Enterprises Ltd., IGATE Corp., GlobalLogic, EPAM Services, Cybage Software Pvt. Ltd., Calsoft Labs, Aricent Group, etc.

For More http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

slide4

Request free sample of this Report @ http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market/request

For the purpose of this study, Grand View Research has segmented the global engineering services outsourcing market on the basis of end-use and region:

• ESO End-Use Outlook (Revenue, USD Billion, 2012 – 2020)

• Aerospace

• Automotive

• Construction

• Consumer Electronics

• Semiconductors

• Pharmaceuticals

• Telecom

• Others

• ESO Regional Outlook (Revenue, USD Billion, 2012 – 2020)

• North America

• Europe

• Asia Pacific

• RoW

Browse all reports at http://www.grandviewresearch.com/industry/communication-services

slide5

About Grand View Research

Grand View Research, Inc. is a market research and consulting company that provides off-the-shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit http://www.grandviewresearch.com/

Contact:

Sherry James

Corporate Sales Specialist, USA

Grand View Research, Inc

Phone: 1-415-349-0058

Email: sales@grandviewresearch.com