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Engineering Services Outsourcing (ESO) Market in India 2015-2019

About ESO

ESO refers to the outsourcing of specific engineering services. Engineering services are the core business activities of industries such as automotive and aerospace. However, due to lack of expertise and increased pressure to reduce costs, companies have started outsourcing their engineering services requirements. The need for quick delivery of products and services because of shorter product lifecycle has prompted the need for ESO. In addition, the inherent benefit of cost advantage remains a key criterion for businesses outsourcing their engineering services.

Technavio's analysts forecast the ESO market in India to grow at a CAGR of 30 percent over the period 2014-2019.

Covered in this report



Technavio's report, ESO Market in India 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes the profiles of key vendors operating in this market.

Key vendors

  • HCL Technologies
  • Infosys
  • Tata Consultancy Services
  • Wipro
Other prominent vendors
  • Altran
  • Aricent Group
  • Atos Origin
  • Auriga
  • Capgemini
  • Clasoft Labs India
  • Computer Sciences Corporation
  • Cybage Software
  • Dell
  • GlobalLogic
  • HP
  • IBM
  • iGate
  • Infotech
  • KPIT Cummins Infosystems
  • L&T IES
  • Mahindra Satyam
  • Mindfire Solutions
  • MindTree
  • QuEST Global Services
  • Sonata Software
  • Symphony
  • Tata ELXSI
Market driver
  • Short time-to-market
  • For a full, detailed list, view our report
Market challenge
  • Lack of control over product development
  • For a full, detailed list, view our report
Market trend
  • Nearshoring
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2018 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?


Press Release

Technavio Announces the Publication of its Research Report – Engineering Services Outsourcing (ESO) Market in India 2015-2019
Technavio recognizes the following companies as the key players in Engineering Services Outsourcing (ESO) Market in India 2015-2019: HCL Technologies Ltd., Infosys Ltd., TCS Ltd. And Wipro Ltd.
Other Prominent Vendors in the market are: Altran, Aricent Group, Atos Origin, Auriga, Capgemini, Clasoft Labs India, Computer Sciences Corporation, Cybage Software, Dell, GlobalLogic, HP, IBM, iGate, Infotech, KPIT Cummins Infosystems, L&T IES, Mahindra Satyam, Mindfire Solutions, MindTree, QuEST Global Services, Sonata Software, Symphony and Tata ELXSI
Commenting on the report, an analyst from Technavio’s team said: “The free flow of information across geographies, driven by the increasing usage of the internet, has resulted in shortening of product lifecycles. Some products are becoming obsolete in the online industry even before hitting the market because the underlying technology has failed to keep pace with advances in the market. Other dynamic market segments such as consumer electronics and telecom are also suffering from the same problem. Time-to-market is particularly important for new products as it enables companies to capture a larger market share compared to the competition. Early entry in the market enables companies to enjoy premium pricing of the product. This also provides high ROI and fast redeployment of resources. Growth in Indian offshore ER&D played a vital role in accelerating innovation and established India as a design and innovation hub. The most preferred outsourcing destinations such as India and China provide 24/7 services to their clients, which helps companies minimize product development times.”
According to the report, businesses worldwide are cautious about cost management during the set-up of R&D facilities. India is the most preferable destination for ESO because of its cost advantage and high availability of skilled labor. Indian service providers get contracts from western countries including the US, the UK, and Germany because the cost of ER&D is low in the country compared to the west.
Further, the report states that issues pertaining to IP ownership are deterring some companies from outsourcing their engineering needs to the country.

Companies Mentioned

HCL Technologies, Infosys, Tata Consultancy Services, Wipro, Altran, Aricent Group, Atos Origin, Auriga, Capgemini, Clasoft Labs India, Computer Sciences Corporation, Cybage Software, Dell, GlobalLogic, HP, IBM, iGate, Infotech, KPIT Cummins Infosystems, L&T IES, Mahindra Satyam, Mindfire Solutions, MindTree, QuEST Global Services, Sonata Software, Symphony, Tata ELXSI

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market overview
    • Product offerings
  • Market Research Methodology
    • Market research process
    • Research methodology
      • Table Market research methodology
  • Introduction
  • Market Landscape
    • Market overview
      • Evolution of ESO solutions
        • Table Evolution of ESO solutions
      • Engineering services' product development lifecycle
        • Table Engineering services for electronics, software, and embedded software product development
        • Table Engineering services for mechanical and hardware product development
      • Types of ESO
    • Market size and forecast
      • Table ESO market in India 2014-2019 ($ billion)
    • Five forces analysis
  • Market Segmentation by End-user
    • ESO market in India by end-user 2014
      • Table ESO market in India by end-user 2014
      • Aerospace
        • Table Aerospace: outsourced ER&D services
      • Automotive
        • Table Automotive: outsourced ER&D services
      • Telecommunications
        • Table Telecommunications: outsourced ER&D services
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
    • Market share analysis 2013
    • Other prominent vendors
  • Key Vendor Analysis
    • HCL Technologies
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table HCL Technologies : Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table HCL Technologies : Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table HCL Technologies: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Infosys
      • Key Facts
      • Business Overview
      • Revenue by Business Segmentation 2014
        • Table Infosys: Revenue by Business Segmentation 2014
      • Revenue by Business Segmentation 2013 and 2014
        • Table Infosys: Revenue by Business Segmentation 2013 and 2014 (US$ billion)
      • Revenue by Geographical Segmentation 2014
        • Table Infosys: Revenue by Geographical Segmentation 2014
      • Business Strategy
      • Key Information
      • SWOT Analysis
    • TCS
      • Key Facts
      • Business Overview
      • Revenue by Business Segmentation 2013
        • Table Engineering Services Outsourcing (ESO) Market in India: Revenue by Business Segmentation 2013
      • Revenue by Business Segmentation 2012 and 2013
        • Table Engineering Services Outsourcing (ESO) Market in India: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
      • Revenue by Geographical Segmentation 2013
        • Table Engineering Services Outsourcing (ESO) Market in India: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Wipro
      • Key Facts
      • Business Overview
      • Revenue by Business Segmentation 2014
        • Table Wipro: Revenue by Business Segmentation 2014
      • Revenue by Business Segmentation 2013 and 2014
        • Table Wipro: Revenue by Business Segmentation 2013 and 2014 (US$ billion)
      • Revenue by Geographical Segmentation 2014
        • Table Wipro: Revenue by Geographical Segmentation 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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