Market Outlook : Engineering Services Outsourcing Market in the US Grow at a CAGR of 22.7% by Revenue During the Period 2017-2020

Researchmoz added Most up-to-date research on "Engineering Services Outsourcing Market in the US 2016-2020" to its huge collection of research reports.

Engineering service providers are aggressively working to enhance their capabilities through expanding their service offerings along with technology consulting services and IP-based solutions to sustain in the competition. The market is evolving with more mature outsourcing/delivery models and strategy formulation for nurturing sector-specific talent and M&A.

Engineering service providers are working to bring the best out of the outsourcing relationship in the value chain. OEMs in the US that outsource their engineering services expect enhanced capabilities, such as understanding both business outcomes and technology. Co-innovation, co-engineering capabilities, and co-investment partnerships are likely to be the most attractive USPs for service providers in the ESO market in the US.

Technavios analysts forecast the ESO market in the US to grow at a CAGR of 22.7% during the period 2016-2020.

Covered :
The report covers the present scenario and the growth prospects of the engineering services outsourcing (ESO) market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from engineering services outsourcing. It presents the vendor landscape and a corresponding detailed analysis of the top seven vendors in the ESO market in the US.

Technavio's report, Engineering Services Outsourcing (ESO) Market in the US 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
HCL Technologies
Infosys
KPIT
QuEST Global
Tata Elxsi
TCS
Tech Mahindra

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Other prominent vendors
Altran
Aricent Group
Atos Origin
Beyondsoft
Capgemini
Clasoft Labs
Clasoft Labs India
Computer Sciences Corporation
Cybage Software
GlobalLogic
HP
iGate
Infotech Enterprises
L&T
Luxoft
Mindfire Solutions
MindTree
Neilsoft
Sonata Software
Symphony
Vanceinfo Technologies
Xchanging
Wipro

Key driver
Demand for product localization
For a full, detailed list, view our report

Key challenge
Issues pertaining to IP ownership
For a full, detailed list, view our report

Key trend
Rise in engineering analytics
For a full, detailed list, view our report

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