Research and Development Outsourcing Services Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, India, Germany, UK - Size and Forecast 2024-2028

Published: Nov 2023 Pages: 185 SKU: IRTNTR44675

Research and Development (R&D) Outsourcing Services Market 2024-2028 

The research and development (R&D) outsourcing services market size is estimated to grow at a CAGR of 8.11% between 2023 and 2028. The market size is forecast to increase by USD 3.89 billion. The growth of the market depends on several factors, including the cost-effective nature of outsourcing research and development services, the increasing need for end-users to focus on core competencies, and the increased access to the global talent pool. Research and Development outsourcing is defined as the outsourcing of non-physical engineering R&D tasks, such as simulation, design, and consultation, to third-party service providers or specialized market players. These players help enterprises enhance efficiency, improve different processes, and reduce the time to market for products.

This research and development outsourcing services market report extensively covers market segmentation by end-user (automotive, consumer electronics, telecommunications, semiconductor, and others), type (large enterprises, small, and medium enterprises), and geography (North America, Europe, APAC, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2018-2022.

What will be the Size of the Research And Development Outsourcing Services Market During the Forecast Period?

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Research and Development Outsourcing Services Market Overview

Driver

Increased access to a global talent pool is the key factor driving market growth. Most SMEs have limited operational reach, due to which they have access to only the regional talent pool. However, specialized market players such as Wipro and HCL have operations across the world. Hence, outsourcing R&D services to such research and development outsourcing services market players will provide enterprises, especially SMEs, access to the global talent pool. Enterprises can leverage diverse skill sets distributed across geographies by outsourcing R&D services to these market players.

Therefore, market players from countries such as the US focus on expanding their operations to countries such as India for real-time support and low-cost labor. Accessing the talent pool from such countries can lead to a reduction in R&D costs, which will help enterprises increase their profit margins. This will lead to the growth of the global research and development outsourcing services market during the forecast period.

Trends

An increase in merger and acquisition activities is the primary trend shaping market growth. The intense competition has increased the number of strategic mergers and acquisitions (MA) over the last few years. Market players are opting for MA to enhance their market reach and customer base with the increasing demand for R&D outsourcing services from various end-users, such as the healthcare and construction industries. Also, intense competition in the market is expected to compel established research and development outsourcing services market players to increase their market presence through MA.

Moreover, market players in R&D outsourcing services are investing extensively in joint ventures and acquisitions to capture a major share of the research and development outsourcing services market and expand their presence to new regions. Thus, the increase in MA activities will help major market players expand their product portfolios and geographical reach in the global market, which is expected to record more such acquisitions during the forecast period.

Restrain

The risk of poor quality research and development is a challenge that affects market growth. Quality is one of the most important aspects of R&D engineering tasks, such as designing and simulation for enterprises. However, after outsourcing the tasks, enterprises lose control and visibility over the R&D process. Market players offering R&D services may not have the same standards of quality or technical adequacy. Hence, the quality of R&D could decrease. The quality can also be compromised if research and development outsourcing services market players are inexperienced or lack in-depth knowledge about engineering tasks.

In addition, a substandard output from R&D can harm the brand value of enterprises as the product or service developed may not be up to regulatory compliance standards. Such issues can discourage enterprises from outsourcing R&D services, which, in turn, can impede the growth of the global research and development outsourcing services market during the forecast period.

Research and Development Outsourcing Services Market Segmentation By End-user 

The market share growth by the automotive segment will be significant during the forecast period. The demand for vehicles is increasing continuously across the globe, mostly due to changing consumer needs, which are encouraging original equipment manufacturers (OEMs) to produce new vehicles. Modern automobiles are essentially becoming computers on wheels, with digital technology taking up to 50% of the development cost of new car models. Furthermore, engineering R&D will help these OEMs embrace efficient and cleaner technologies as well as integrate solutions based on cloud, mobility, and analytics with existing products.

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The automotive segment showed a gradual increase in the market share of USD 1.77 billion in 2018. Moreover, market players in R&D services can help OEMs identify key areas of improvement and support them in implementing innovative solutions. This, in turn, will help OEMs gain a competitive advantage over their rivals. Thus, the growth of the automotive industry will lead to the growth of the global R&D outsourcing services market. Therefore, such factors will drive the growth of the automotive segment in the R&D outsourcing services market during the forecast period.

Research and Development Outsourcing Services Market Segmentation By Type 

Large enterprises can redirect their resources and efforts toward their core competencies, such as product development, innovation, and strategic planning while leaving research and development outsourcing service management to experts. Research and development outsourcing services providers can easily scale their services up or down to meet the fluctuating demands of large enterprises. Outsourcing of research and development services allows large enterprises to adapt to changing R&D outsourcing services market conditions, customer needs, and industry trends quickly. This flexibility is crucial for remaining competitive in a highly dynamic market. Hence, such factors will drive the growth of the segment of the market during the forecast period.

Regional Overview

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North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market for research and development outsourcing services is expected to grow in North America due to the increasing demand from industries such as aerospace, semiconductor, and consumer electronics. Moreover, research and development outsourcing service providers are also known to have expertise in a variety of designs, advanced designing techniques, collaborative R&D activities, and others, which help organizations achieve desired results. Such factors are anticipated to drive the growth of the regional R&D outsourcing services market.

Furthermore, market players of R&D outsourcing services help OEMs in enhancing application management services, testing, infrastructure support, and new product development. The market players will also help enterprises in the aerospace industry in this region in identifying key areas of improvement and support them in implementing innovative solutions. Thus, with the growth of data centers in this region, the demand for semiconductors will increase. Thus, such factors will drive the growth of the regional research and development (R&D) outsourcing services market during the forecast period.

The outbreak of COVID-19 in 2020 had a negative impact on the regional research and development outsourcing services market. However, in 2021, the initiation of large-scale vaccination drives?lifted the lockdown and travel restrictions, which led to the resumption of supply chain activities. Furthermore, factors like the growth of the aerospace, semiconductor, and consumer electronics industries and the construction of new data centers in the region will foster the growth of the research and development outsourcing services market in the region during the forecast period.

Research And Development Outsourcing Services Market Customer Landscape

The Research and Development Outsourcing Services Market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Research and Development Outsourcing Services Market Customer Landscape

Who are the Major Research and Development Outsourcing Services Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Accenture Plc: The company offers research and development outsourcing services that provides connecting expertise with insights into the patient experience, powered by intelligent platform technology.
  • Altair Engineering Inc.: The company offers research and development outsourcing services which provide a unique concept development phase for an automotive that deploys optimization to ensure simulation technology.
  • Capgemini Service SAS: The company offers research and development outsourcing services which provide application development outsourcing services in a variety of computing environments, using the latest advancements in server architectures object-oriented programming, distributed databases and networking and communication technologies.

The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • Carl Zeiss AG
  • Cisco Systems Inc.
  • Cyient Ltd.
  • DXC Technology Co.
  • HCL Technologies Ltd.
  • Hitachi Ltd.
  • IAV GmbH
  • Infosys Ltd.
  • Kistler Holding AG
  • KPIT Technologies Ltd.
  • Mindfire Solutions
  • Quest Global Services Pte. Ltd.
  • Sonata Software Ltd.
  • Tata Sons Pvt. Ltd.
  • Tech Mahindra Ltd.
  • Wipro Ltd.
  • Mindtree Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The research and development outsourcing services market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2022.

  • End-user Outlook
    • Automotive
    • Consumer electronics
    • Telecommunications
    • Semiconductor
    • Others
  • Type Outlook
    • Large enterprises
    • Small-medium enterprises
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile 
      • Brazil 
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Research And Development Outsourcing Services Market Scope

Report Coverage

Details

Page number

185

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.11%

Market Growth 2024-2028

USD 3.89 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

7.59

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Accenture Plc, Altair Engineering Inc., Capgemini Service SAS, Carl Zeiss AG, Cisco Systems Inc., Cyient Ltd., DXC Technology Co., HCL Technologies Ltd., Hitachi Ltd., IAV GmbH, Infosys Ltd., Kistler Holding AG, KPIT Technologies Ltd., Mindfire Solutions, Quest Global Services Pte. Ltd., Sonata Software Ltd., Tata Sons Pvt. Ltd., Tech Mahindra Ltd., Wipro Ltd., and Mindtree Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Research And Development Outsourcing Services Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2024 and 2028
  • Precise estimation of the market size and its contribution of the focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global research and development outsourcing services market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global research and development outsourcing services market 2018 - 2022 ($ million)
    • 4.2 End-user Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • 4.3 Type Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Type Segment 2018 - 2022 ($ million)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 Automotive - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 35: Data Table on Automotive - Market size and forecast 2023-2028 ($ million)
      • Exhibit 36: Chart on Automotive - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
    • 6.4 Consumer electronics - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Consumer electronics - Market size and forecast 2023-2028 ($ million)
      • Exhibit 39: Data Table on Consumer electronics - Market size and forecast 2023-2028 ($ million)
      • Exhibit 40: Chart on Consumer electronics - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Consumer electronics - Year-over-year growth 2023-2028 (%)
    • 6.5 Telecommunications - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Telecommunications - Market size and forecast 2023-2028 ($ million)
      • Exhibit 43: Data Table on Telecommunications - Market size and forecast 2023-2028 ($ million)
      • Exhibit 44: Chart on Telecommunications - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Telecommunications - Year-over-year growth 2023-2028 (%)
    • 6.6 Semiconductor - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Semiconductor - Market size and forecast 2023-2028 ($ million)
      • Exhibit 47: Data Table on Semiconductor - Market size and forecast 2023-2028 ($ million)
      • Exhibit 48: Chart on Semiconductor - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Semiconductor - Year-over-year growth 2023-2028 (%)
    • 6.7 Others - Market size and forecast 2023-2028
      • Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
      • Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
    • 6.8 Market opportunity by End-user
      • Exhibit 54: Market opportunity by End-user ($ million)
      • Exhibit 55: Data Table on Market opportunity by End-user ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 56: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 57: Data Table on Type - Market share 2023-2028 (%)
    • 7.2 Comparison by Type
      • Exhibit 58: Chart on Comparison by Type
      • Exhibit 59: Data Table on Comparison by Type
    • 7.3 Large enterprises - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Large enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 61: Data Table on Large enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 62: Chart on Large enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Large enterprises - Year-over-year growth 2023-2028 (%)
    • 7.4 Small and medium enterprises - Market size and forecast 2023-2028
      • Exhibit 64: Chart on Small and medium enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 65: Data Table on Small and medium enterprises - Market size and forecast 2023-2028 ($ million)
      • Exhibit 66: Chart on Small and medium enterprises - Year-over-year growth 2023-2028 (%)
      • Exhibit 67: Data Table on Small and medium enterprises - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 68: Market opportunity by Type ($ million)
      • Exhibit 69: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 71: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 72: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 73: Chart on Geographic comparison
      • Exhibit 74: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 83: Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 84: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Exhibit 85: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.11 India - Market size and forecast 2023-2028
      • Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
      • Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
    • 9.12 UK - Market size and forecast 2023-2028
      • Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 115: Market opportunity by geography ($ million)
      • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 117: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 119: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 120: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 121: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 122: Matrix on vendor position and classification
            • 12.3 Accenture Plc
              • Exhibit 123: Accenture Plc - Overview
              • Exhibit 124: Accenture Plc - Business segments
              • Exhibit 125: Accenture Plc - Key news
              • Exhibit 126: Accenture Plc - Key offerings
              • Exhibit 127: Accenture Plc - Segment focus
            • 12.4 Altair Engineering Inc.
              • Exhibit 128: Altair Engineering Inc. - Overview
              • Exhibit 129: Altair Engineering Inc. - Business segments
              • Exhibit 130: Altair Engineering Inc. - Key news
              • Exhibit 131: Altair Engineering Inc. - Key offerings
              • Exhibit 132: Altair Engineering Inc. - Segment focus
            • 12.5 Capgemini Service SAS
              • Exhibit 133: Capgemini Service SAS - Overview
              • Exhibit 134: Capgemini Service SAS - Business segments
              • Exhibit 135: Capgemini Service SAS - Key news
              • Exhibit 136: Capgemini Service SAS - Key offerings
              • Exhibit 137: Capgemini Service SAS - Segment focus
            • 12.6 Carl Zeiss AG
              • Exhibit 138: Carl Zeiss AG - Overview
              • Exhibit 139: Carl Zeiss AG - Business segments
              • Exhibit 140: Carl Zeiss AG - Key offerings
              • Exhibit 141: Carl Zeiss AG - Segment focus
            • 12.7 Cisco Systems Inc.
              • Exhibit 142: Cisco Systems Inc. - Overview
              • Exhibit 143: Cisco Systems Inc. - Business segments
              • Exhibit 144: Cisco Systems Inc. - Key news
              • Exhibit 145: Cisco Systems Inc. - Key offerings
              • Exhibit 146: Cisco Systems Inc. - Segment focus
            • 12.8 Cyient Ltd.
              • Exhibit 147: Cyient Ltd. - Overview
              • Exhibit 148: Cyient Ltd. - Business segments
              • Exhibit 149: Cyient Ltd. - Key offerings
              • Exhibit 150: Cyient Ltd. - Segment focus
            • 12.9 DXC Technology Co.
              • Exhibit 151: DXC Technology Co. - Overview
              • Exhibit 152: DXC Technology Co. - Business segments
              • Exhibit 153: DXC Technology Co. - Key news
              • Exhibit 154: DXC Technology Co. - Key offerings
              • Exhibit 155: DXC Technology Co. - Segment focus
            • 12.10 Hitachi Ltd.
              • Exhibit 156: Hitachi Ltd. - Overview
              • Exhibit 157: Hitachi Ltd. - Business segments
              • Exhibit 158: Hitachi Ltd. - Key news
              • Exhibit 159: Hitachi Ltd. - Key offerings
              • Exhibit 160: Hitachi Ltd. - Segment focus
            • 12.11 IAV GmbH
              • Exhibit 161: IAV GmbH - Overview
              • Exhibit 162: IAV GmbH - Product / Service
              • Exhibit 163: IAV GmbH - Key offerings
            • 12.12 Infosys Ltd.
              • Exhibit 164: Infosys Ltd. - Overview
              • Exhibit 165: Infosys Ltd. - Business segments
              • Exhibit 166: Infosys Ltd. - Key news
              • Exhibit 167: Infosys Ltd. - Key offerings
              • Exhibit 168: Infosys Ltd. - Segment focus
            • 12.13 Kistler Holding AG
              • Exhibit 169: Kistler Holding AG - Overview
              • Exhibit 170: Kistler Holding AG - Product / Service
              • Exhibit 171: Kistler Holding AG - Key offerings
            • 12.14 KPIT Technologies Ltd.
              • Exhibit 172: KPIT Technologies Ltd. - Overview
              • Exhibit 173: KPIT Technologies Ltd. - Product / Service
              • Exhibit 174: KPIT Technologies Ltd. - Key offerings
            • 12.15 Mindtree Ltd.
              • Exhibit 175: Mindtree Ltd. - Overview
              • Exhibit 176: Mindtree Ltd. - Business segments
              • Exhibit 177: Mindtree Ltd. - Key offerings
              • Exhibit 178: Mindtree Ltd. - Segment focus
            • 12.16 Tata Sons Pvt. Ltd.
              • Exhibit 179: Tata Sons Pvt. Ltd. - Overview
              • Exhibit 180: Tata Sons Pvt. Ltd. - Business segments
              • Exhibit 181: Tata Sons Pvt. Ltd. - Key offerings
              • Exhibit 182: Tata Sons Pvt. Ltd. - Segment focus
            • 12.17 Wipro Ltd.
              • Exhibit 183: Wipro Ltd. - Overview
              • Exhibit 184: Wipro Ltd. - Business segments
              • Exhibit 185: Wipro Ltd. - Key news
              • Exhibit 186: Wipro Ltd. - Key offerings
              • Exhibit 187: Wipro Ltd. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 188: Inclusions checklist
                • Exhibit 189: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 190: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 191: Research methodology
                • Exhibit 192: Validation techniques employed for market sizing
                • Exhibit 193: Information sources
              • 13.5 List of abbreviations
                • Exhibit 194: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              research and development outsourcing services market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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