MARKET INTRODUCTION

The R&D outsourcing services provide an optimum solution to the needs of organizations for their research activities. Innovations often require expertise, skills, and equipment which may not necessarily be accessible to businesses. Outsourcing R&D services ensure access to advanced technologies and skilled expertise for solutions and services. Besides, it significantly saves time, money, and improve profits. Third-party R&D service providers cater to customized needs from designing, prototyping, testing, production to sales.

MARKET DYNAMICS

The R&D outsourcing services market is anticipated to witness high growth in the forecast period owing to a large number of small and medium enterprises having limited operational reach. R&D outsourcing helps them in adopting newer technologies to gain strategic advantages over competitors. However, shortage of skilled professionals may hamper the growth of the R&D outsourcing services market. Besides, constant digital transformation and emerging technologies in smart production and automation offer lucrative opportunities for R&D outsourcing services market during the forecast period.

MARKET SCOPE

The "Global R&D Outsourcing Services Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of R&D outsourcing services market with detailed market segmentation by end-use industry and geography. The global R&D outsourcing services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading R&D outsourcing services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global R&D outsourcing services market is segmented on the basis of end-use industry as automotive, consumer electronics, semiconductors, media & telecommunications, aerospace & defense, BFSI, healthcare, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global R&D outsourcing services market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The R&D outsourcing services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting R&D outsourcing services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the R&D outsourcing services market in these regions.

MARKET PLAYERS

The reports cover key developments in the R&D outsourcing services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from R&D outsourcing services market are anticipated to lucrative growth opportunities in the future with the rising demand for R&D outsourcing services in the global market. Below mentioned is the list of few companies engaged in the R&D outsourcing services market.

The report also includes the profiles of key R&D outsourcing services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

- ALTEN Group
- Altran Technologies, SA
- Assystem
- Cyient Limited
- GlobalLogic
- HCL Technologies Limited
- Infosys Limited
- Mindtree Ltd.
- QuEST Global Services Pte. Ltd.
- Wipro Limited