
Global Engineering Research & Development (ER&D) Outsourcing Market: Analysis By Type (Embedded IT, Mechanic and Software) Size & Trends with Impact of Covid-19 and Forecast up to 2025
Description
Global Engineering Research & Development (ER&D) Outsourcing Market: Analysis By Type (Embedded IT, Mechanic and Software) Size & Trends with Impact of Covid-19 and Forecast up to 2025
Scope of the Report
The report provides an analysis of the global ER&D outsourcing market with market sizing and growth. The analysis includes market size in terms of value, market share by segments, and growth outlook of end-users of the market. A brief segment analysis has also been provided in the report with their historical and forecasted value.
The report also assesses the key opportunities available in the engineering research & development (ER&D) outsourcing market and outlines the factors that are and will be driving the growth of the industry. Growth of the market has forecasted till the period 2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Global engineering research & development (ER&D) outsourcing market is highly fragmented, as the top ten players accounted for one-tenth market share globally. Altran Technologies, Alten Group, Akka Technologies, and Bertrandt AG are major players in the global market whose company profiling has been done in the report. This segment of the report provides business overview, financial overview, and business strategies adopted by the respective companies.
Company Coverage
Altran Technologies
Alten Group
Akka Technologies
Bertrandt AG
Executive Summary
Engineering services research and development industry is at the point of revolution which is boosted by rising consumer demand and disturbance in technology. Major industries are progressively concentrating on developing engineering research and development (ER&D) products that can assimilate with digital consumer network and this transformation led the demand for ER&D research and development outsourcing industry. Engineering research & development outsourcing market is categorized into three major segments namely mechanic, embedded IT, and software. Major end users of engineering research & development (ER&D) outsourcing market includes automobile, aeronautics, telecom, rail, software & internet industry etc.
The global research & development outsourcing market has shown rising trends over the past few years and is anticipated to grow at tremendous growth rate over the forecasted period as well. Lack of skilled personnel, and rising demand for cost reduction are some of the major factors driving the growth of the industry. Other growth drivers such as shorter project lifecycle, cost saving from lower labor wages, industry consolidation, and growing offshore outsourcing demand would propel the growth of the market over the next five years. However, the growth of the market is restrained by some factors which include risk associated with intellectual property outsourcing, and lack of domain expertise.
Scope of the Report
The report provides an analysis of the global ER&D outsourcing market with market sizing and growth. The analysis includes market size in terms of value, market share by segments, and growth outlook of end-users of the market. A brief segment analysis has also been provided in the report with their historical and forecasted value.
The report also assesses the key opportunities available in the engineering research & development (ER&D) outsourcing market and outlines the factors that are and will be driving the growth of the industry. Growth of the market has forecasted till the period 2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Global engineering research & development (ER&D) outsourcing market is highly fragmented, as the top ten players accounted for one-tenth market share globally. Altran Technologies, Alten Group, Akka Technologies, and Bertrandt AG are major players in the global market whose company profiling has been done in the report. This segment of the report provides business overview, financial overview, and business strategies adopted by the respective companies.
Company Coverage
Altran Technologies
Alten Group
Akka Technologies
Bertrandt AG
Executive Summary
Engineering services research and development industry is at the point of revolution which is boosted by rising consumer demand and disturbance in technology. Major industries are progressively concentrating on developing engineering research and development (ER&D) products that can assimilate with digital consumer network and this transformation led the demand for ER&D research and development outsourcing industry. Engineering research & development outsourcing market is categorized into three major segments namely mechanic, embedded IT, and software. Major end users of engineering research & development (ER&D) outsourcing market includes automobile, aeronautics, telecom, rail, software & internet industry etc.
The global research & development outsourcing market has shown rising trends over the past few years and is anticipated to grow at tremendous growth rate over the forecasted period as well. Lack of skilled personnel, and rising demand for cost reduction are some of the major factors driving the growth of the industry. Other growth drivers such as shorter project lifecycle, cost saving from lower labor wages, industry consolidation, and growing offshore outsourcing demand would propel the growth of the market over the next five years. However, the growth of the market is restrained by some factors which include risk associated with intellectual property outsourcing, and lack of domain expertise.
Table of Contents
76 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 Outsourcing: An Overview
- 2.1.1 Outsourcing Reasons
- 2.1.2 Outsourcing: Growth Drivers
- 2.1.3 Outsourcing: Advantages & Disadvantages
- Table 1: Outsourcing Advantages & Disadvantages
- 2.2 Research & Development Outsourcing: An Overview
- 2.2.1 Reason for Outsourcing Research & Development
- Table 2: Reason for Outsourcing Research & Development
- 2.3 Engineering Research & Development Outsourcing: An Overview
- 2.3.1 Engineering Research & Development (ER&D) Market Evolution
- Table 3: Engineering Research & Development (ER&D) Market Evolution
- 2.3.2 Engineering Research & Development Outsourcing Segments
- Table 4: Engineering Research & Development Outsourcing Segments
- 2.3.3 Engineering Research & Development Outsourcing End-Users
- Table 5: Engineering Research & Development Outsourcing End-Users
- 3. Global Market Analysis
- 3.1 Global Research & Development Market Analysis
- 3.1.1 Global Research & Development (R&D) Market by Value
- Table 6: Global Research & Development Market by Value; 2017-2020 (US$ Trillion)
- Table 7: Global Research & Development Market by Value; 2021-2025 (US$ Trillion)
- 3.2 Global ER&D Outsourcing Market Analysis
- 3.2.1 Global Engineering Research & Development (ER&D) Outsourcing Market by Value
- Table 8: Global Engineering Research & Development (ER&D) Outsourcing Market by Value; 2017-2020 (US$ Billion)
- Table 9: Global Engineering Research & Development (ER&D) Outsourcing Market by Value; 2021-2025 (US$ Billion)
- 3.2.2 Global Engineering Research & Development (ER&D) Outsourcing Market by Segments (embedded IT, mechanic, and software)
- Table 10: Global Engineering Research & Development (ER&D) Outsourcing Market by Segments; 2020 (Percentage, %)
- 3.3 Global ER&D Outsourcing Market: Segment Analysis
- 3.3.1 Global Mechanic ER&D Outsourcing Market by Value
- Table 11: Global Mechanic ER&D Outsourcing Market by Value; 2017-2020 (US$ Billion)
- Table 12: Global Mechanic ER&D Outsourcing Market by Value; 2021-2025 (US$ Billion)
- 3.3.2 Global Software ER&D Outsourcing Market by Value
- Table 13: Global Software ER&D Outsourcing Market by Value; 2017-2020 (US$ Billion)
- Table 14: Global Software ER&D Outsourcing Market by Value; 2021-2025 (US$ Billion)
- 3.3.3 Global Embedded IT ER&D Outsourcing Market by Value
- Table 15: Global Embedded IT ER&D Outsourcing Market by Value; 2017-2020 (US$ Billion)
- Table 16: Global Embedded IT ER&D Outsourcing Market by Value; 2021-2025 (US$ Billion)
- 3.4 Engineering ER&D Outsourcing Market: End-Users Analysis
- 3.4.1 Engineering Research & Development (ER&D) Outsourcing End-Users Growth Outlook
- Table 17: Engineering Research & Development (ER&D) Outsourcing End-Users Growth Outlook
- 4. Market Dynamics
- 4.1 Growth Drivers
- 4.1.1 Lack of Skilled Personnel
- 4.1.2 Improved Flexibility
- 4.1.3 Increasing Need for Cost Reduction
- 4.1.4 Shorter Project Lifecycle
- 4.1.5 Cross-Divisional Innovations in Major Industries
- 4.1.6 Cost Saving from Lower Labor Wages
- 4.2 Challenges
- 4.2.1 Risk Associated with Intellectual Property Outsourcing
- 4.2.2 Lack of Domain Expertise
- 4.2.3 Geo-Political Barriers
- 4.3 Market Trends
- 4.3.1 Industry Consolidation
- Table 18: Mergers & Acquisition Deals of Top Three Players; 2010-2018
- 4.3.2 Rising Outsourcing Spending
- 4.3.3 Industrial Revolution
- 4.3.4 Growing Offshore Outsourcing Demand
- 5. Competitive Landscape
- 5.1 Global ER&D Outsourcing Competitive Environment
- 5.2 Global ER&D Outsourcing Market Players by Revenue
- Table 19: Global ER&D Outsourcing Market Players by Revenue; 2017-2019
- 5.3 Global ER&D Outsourcing Market by Players
- Table 20: Global ER&D Outsourcing Market by Players; 2019
- 5.4 Global ER&D Outsourcing Market Players Competitive Landscape
- Table 21: Global ER&D Outsourcing Market Players Competitive Landscape
- 6. Company Profiles
- 6.1 Altran Technologies
- 6.1.1 Business Overview
- Table 22: Overview of Altran Digital and Altran Engineering
- Table 23: Altran Technologies Industries and Clients
- 6.1.2 Financial Overview
- Table 24: Altran Technologies Revenue; 2015-2019 (US$ Billion)
- Table 25: Altran Technologies Revenue by Segments; 2019 (Percentage, %)
- Table 26: Altran Technologies Revenue by Geography; 2019 (Percentage, %)
- 6.1.3 Business Strategy
- 6.2 Alten Group
- 6.2.1 Business Overview
- Table 27: Alten Group Business Overview
- 6.2.2 Financial Overview
- Table 28: Alten Group Revenue; 2016-2020 (US$ Billion)
- 6.2.3 Business Strategy
- 6.3 Akka Technologies
- 6.3.1 Business Overview
- 6.3.2 Financial Overview
- Table 29: AKKA Technologies Revenue; 2015-2019 (US$ Billion)
- Table 30: AKKA Technologies Revenue by Segments; 2019 (Percentage, %)
- Table 31: AKKA Technologies Revenue by Region; 2019 (Percentage, %)
- 6.3.3 Business Strategy
- 6.4 Bertrandt AG
- 6.4.1 Business Overview
- 6.4.2 Financial Overview
- Table 32: Bertrandt AG Revenue; 2016-2020 (US$ Billion)
- Table 33: Bertrandt AG Revenue by Segment; 2020 (Percentage, %)
- 6.4.3 Business Strategy
Pricing
Currency Rates
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