Engineering Services Outsourcing (ESO) Market Current Trends, Size, Share, Industry Analysis, Competitive Intelligence, Growth, Opportunities and Forecasts To 2020 The global engineering services outsourcing (ESO) market is expected to reach USD 415.74 billion by 2020. Increased cost pressures on global firms resulting in constrained R&D budgets are 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. 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. To Get More Details @ http://www.radiantinsights.com/research/engineering-servicesoutsourcing-eso-market-analysis-by-end-use-aerospace-automotive-constructionconsumer-electronics-semiconductors-pharmaceuticals-telecom-and-segment-forecasts-to2020 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 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. Table Of Content: Chapter 1. Executive Summary 1.1. Engineering Services Outsourcing - Industry Summary and Critical Success Factors (CSFs) Chapte 2. ESO Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. ESO Value Chain Analysis Browse All Reports of This Category @ http://www.radiantinsights.com/catalog/technology-and-media 2.4. ESO Market Dynamics 2.4.1. Market Driver Analysis 2.4.1.1. Increased tie-ups between automotive OEMs and suppliers 2.4.1.2. Cost reduction pressure 2.4.1.3. Shorter product life cycles 2.4.2. Market Restraint Analysis 2.4.2.1. IP confidentiality and security threats 2.5. Key Opportunities Prioritized 2.6. Industry Analysis - Porter's 2.7. ESO - Company Market Share Analysis, 2013 2.8. ESO Market PESTEL Analysis, 2013
Chapter3. ESO End-Use Outlook 3.1. Aerospace 3.1.1. Demand in aerospace, by region, (USD Billion), 2012 - 2020 3.2. Automotive 3.2.1. Demand in automotive, by region, (USD Billion), 2012 - 2020 3.3. Construction 3.3.1. Demand in construction, by region, (USD Billion), 2012 - 2020 3.4. Consumer Electronics 3.4.1. Demand in consumer electronics, by region, (USD Billion), 2012 - 2020 3.5. Semiconductors 3.5.1. Demand in semiconductors, by region, (USD Billion), 2012 - 2020 3.6. Pharmaceuticals 3.6.1. Demand in pharmaceuticals, by region, (USD Billion), 2012 - 2020 3.7. Telecom 3.7.1. Demand in telecom, by region, (USD Billion), 2012 - 2020 3.8. Others 3.8.1. Demand in other end-use industries, by region, (USD Billion), 2012 - 2020 To Get Sample Copy of Report visit @ http://www.radiantinsights.com/research/engineering-services-outsourcing-eso-marketanalysis-by-end-use-aerospace-automotive-construction-consumer-electronicssemiconductors-pharmaceuticals-telecom-and-segment-forecasts-to-2020#tabs-4 Chapter 4. ESO Regional Outlook 4.1. North America 4.1.1. North America engineering services outsourcing market by end-use, (USD Billion), 2012 2020 4.2. Europe 4.2.1. Europe engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020 4.3. Asia Pacific 4.3.1. Asia Pacific engineering services outsourcing market by end-use, (USD Billion), 2012 2020 4.4. Row 4.4.1. Row engineering services outsourcing market by end-use, (USD Billion), 2012 - 2020 Chapter 5 ESO Competitive Landscape 5.1 Aricent Group 5.1.1 Company Overview 5.1.2 Financial Performance 5.1.3 Product Benchmarking 5.1.4 Strategic Initiatives
5.2 Calsoft Labs 5.2.1 Company Overview 5.2.2 Financial Performance 5.2.3 Product Benchmarking 5.2.4 Strategic Initiatives 5.3 Cybage Software Pvt. Ltd. 5.3.1 Company Overview 5.3.2 Financial Performance 5.3.3 Product Benchmarking 5.3.4 Strategic Initiatives 5.4 Cyient (Infotech Enterprises Ltd.) 5.4.1 Company Overview 5.4.2 Financial Performance 5.4.3 Product Benchmarking 5.4.4 Strategic Initiatives 5.5 EPAM Systems Inc. 5.5.1 Company Overview 5.5.2 Financial Performance 5.5.3 Product Benchmarking 5.5.4 Strategic Initiatives 5.6 GlobalLogic Inc. 5.6.1 Company Overview 5.6.2 Financial Performance 5.6.3 Product Benchmarking Enquire About Report: http://www.radiantinsights.com/research/engineering-servicesoutsourcing-eso-market-analysis-by-end-use-aerospace-automotive-constructionconsumer-electronics-semiconductors-pharmaceuticals-telecom-and-segment-forecasts-to2020 5.6.4 Strategic Initiatives 5.7 HCL Technologies Ltd. 5.7.1 Company Overview 5.7.2 Financial Performance 5.7.3 Product Benchmarking 5.7.4 Strategic Initiatives 5.8 IGATE Corp. 5.8.1 Company Overview 5.8.2 Financial Performance 5.8.3 Product Benchmarking 5.8.4 Strategic Initiatives 5.9 Infosys Ltd. 5.9.1 Company Overview 5.9.2 Financial Performance
5.9.3 Product Benchmarking 5.9.4 Strategic Initiatives 5.10 KPIT Technologies Limited (KPIT Cummins Infosystems Ltd.) 5.10.1 Company Overview 5.10.2 Financial Performance 5.10.3 Product Benchmarking 5.10.4 Strategic Initiatives 5.11 Luxoft 5.11.1 Company Overview 5.11.2 Financial Performance 5.11.3 Product Benchmarking 5.11.4 Strategic Initiatives 5.12 Mindfire Solutions 5.12.1 Company Overview 5.12.2 Financial Performance 5.12.3 Product Benchmarking 5.12.4 Strategic Initiatives 5.13 MindTree Ltd. 5.13.1 Company Overview 5.13.2 Financial Performance Request Free Sample Of This Study @ http://www.radiantinsights.com/research/engineering-services-outsourcing-eso-marketanalysis-by-end-use-aerospace-automotive-construction-consumer-electronicssemiconductors-pharmaceuticals-telecom-and-segment-forecasts-to-2020#tabs-4 5.13.3 Product Benchmarking 5.13.4 Strategic Initiatives 5.14 Pactera Technology International Ltd. (Vanceinfo Technologies Inc.) 5.14.1 Company Overview 5.14.2 Financial Performance 5.14.3 Product Benchmarking 5.14.4 Strategic Initiatives 5.15 QuEST Global Services Pte. Ltd. 5.15.1 Company Overview 5.15.2 Financial Performance 5.15.3 Product Benchmarking 5.15.4 Strategic Initiatives 5.16 Sonata Software Ltd. 5.16.1 Company Overview 5.16.2 Financial Performance 5.16.3 Product Benchmarking 5.16.4 Strategic Initiatives 5.17 Symphony Teleca Corp.
5.17.1 Company Overview 5.17.2 Financial Performance 5.17.3 Product Benchmarking 5.17.4 Strategic Initiatives 5.18 Tata Consultancy Services 5.18.1 Company Overview 5.18.2 Financial Performance 5.18.3 Product Benchmarking 5.18.4 Strategic Initiatives 5.19 Tata Elxsi Ltd. 5.19.1 Company Overview 5.19.2 Financial Performance 5.19.3 Product Benchmarking 5.19.4 Strategic Initiatives 5.20 Tech Mahindra 5.20.1 Company Overview 5.20.2 Financial Performance 5.20.3 Product Benchmarking 5.20.4 Strategic Initiatives Chapter 6. Methodology and Scope 6.1. Research Methodology 6.2. Research Scope & Assumption 6.3. List of Data Sources About Us Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of Ancillary services such as, research partnerships/ tie-ups and customized research solutions. Media Contact: Michelle Thoras Corporate Sales Specialist, USA Radiant Insights, Inc Phone: 1-415-349-0054 Toll Free: 1-888-202-9519 Email: sales@radiantinsights.com Website: Radiant Insights Visit Our Blog: radiantri.blogspot.com