Global Engineering Services Outsourcing Market to Grow at a CAGR of 25.68%, 2016-2020 with HCL Technologies, Infosys, TCS, Tech Mahindra & Wipro Dominating - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Engineering Services Outsourcing Market 2016-2020" report to their offering.

The global engineering services outsourcing market to grow at a CAGR of 25.68% during the period 2016-2020.

The report, Global Engineering Services Outsourcing Market 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.

Automation in engineering services has triggered the usage of AI technology. AI-powered engineering solutions help to resolve various stages of design and development of engineering products. Automation in engineering services helps an organization to reduce cost by 35%-45%. Leading vendors in the market have invested in the development of engineering services powered by AI technologies.

According to the report, advanced IT solutions such as AI and machine learning are driven by automation in the various stages of product engineering phases. The traditional IT services are not capable of making innovative products to improve performance. The need to replace legacy automation systems with new highly efficient automation solutions for process improvements is one of the primary drivers in the market.

Key vendors

  • HCL Technologies
  • Infosys
  • TCS
  • Tech Mahindra
  • Wipro

Other prominent vendors

  • Luxoft
  • Cyient
  • Tata Elxsi
  • QuEST Global
  • Symphony Teleca
  • Aricent
  • Mindtree
  • Tech Mahindra
  • GlobalLogic
  • Xchanging

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by services

Part 07: Market segmentation by end-user

Part 08: Market segmentation by outsource destinations

Part 09: Geographical segmentation

Part 10: Market drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market trends

Part 15: Vendor landscape

Part 16: Key vendor profile

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/zzsrpm/global

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Engineering