Fast Market Research announces the availability of the new TechNavio report, "Engineering services outsourcing Market in APAC 2016-2020", on their comprehensive research portal

Boston, MA -- (SBWire) -- 03/15/2016 --Engineering services in APAC remains a dynamic and fast-evolving area of the global outsourcing industry. In APAC, engineering services outsourcing (ESO) is a relatively new trend compared to IT and other business process outsourcing services. ESO helps companies to boost business flexibility, reduce R&D costs, and help to resolve engineering bottlenecks. The use of ESO services also boosts efficiency gains through product specialization and scale effects. Product engineering is a crucial step for OEMs and their respective component suppliers.

Technavio's analysts forecast the ESO market in APAC to grow at a CAGR of 25.5% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Engineering services outsourcing Market in APAC 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the ESO market in APAC for 2016-2020. To calculate the market size, the report considers revenue generated from the contracts outsourced to APAC.

The market is divided into the following segments based on end-user:

-Automotive
-Telecom
-Consumer electronic appliances
-Construction
-Semiconductors
-Pharma
-OEM
-Others

Technavio's report, ESO Market in APAC Region 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-IBM
-HCL
-Wipro
-Infosys

Other prominent vendors

-KPIT
-Altran
-Aricent Group
-Atos Origin
-Beyondsoft
-Capgemini
-Clasoft Labs India
-Computer Sciences Corporation
-Cybage Software
-GlobalLogic
-HP
-iGate
-L&T
-MindTree
-Mindfire Solutions
-QuEST Global Services
-Sonata Software
-Symphony
-Tech Mahindra
-Tata ELXSI
-Vanceinfo Technologies

Market driver

-Need to reduce time-to-market
-For a full, detailed list, view our report

Market challenge

-Established captive and in-house centers
-For a full, detailed list, view our report

Market trend

-Increased use of high-performance computing
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: IBM, HCL, Wipro, Infosys, KPIT, Altran, Aricent Group, Atos Origin, Beyondsoft, Capgemini, Clasoft Labs India, Computer Sciences Corporation, Cybage Software, GlobalLogic, HP, iGate, L&T, MindTree, Mindfire Solutions, QuEST Global Services, Sonata Software, Symphony, Tech Mahindra, Tata ELXSI, Vanceinfo Technologies

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