Global Research and Development Outsourcing Services Market 2020-2024: Market is Poised to Grow by $6.09 Billion – Focus on Automotive, Consumer…

DUBLIN--(BUSINESS WIRE)--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:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Vendor Landscape

Vendor Analysis

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/bmj80d

Read the original:
Global Research and Development Outsourcing Services Market 2020-2024: Market is Poised to Grow by $6.09 Billion - Focus on Automotive, Consumer...