Engineering Services Outsourcing Market in APAC 2016 to Grow at a CAGR of 25.5% During the Period to 2020
Engineering services outsourcing Market in APAC 2016 size, share, growth, trends, review, research, industry analysis and forecast upto 2020 by Market Research Store
Deerfield Beach, FL -- (SBWire) -- 04/15/2016 --About ESO Market in APAC Region
Engineering services in APAC remains a dynamic and fast-evolving area of the global outsourcing industry. In APAC, engineering services outsourcing 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.
Engineering services outsourcing (ESO) market in APAC to grow at a CAGR of 25.5% during the period 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
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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
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- 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
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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
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