Friday, 6 June 2014

Research and Development Outsourcing Industry Report 2014-2018

Global R&D Outsourcing Market 2014-2018 is the latest addition to Sandlerresearch.org industry research reports collection. 

R&D Outsourcing refers to the outsourcing of specific R&D services to third-party service providers such as designing, prototyping, testing, and manufacturing and sales. 

Though R&D services are a critical part of any vertical, the recent economic downturn and the need to survive in extremely competitive market environments has forced organizations to outsource their R&D operations to third-party service providers.

R&D outsourcing enables organizations to develop innovative and cost-effective products in minimal time. Also, R&D outsourcing services help organizations access talented and skilled engineering professionals from across the globe. 

Thus, R&D outsourcing enables organizations to develop an economic cost structure, use resources in the best possible way, and focus on core competencies. Analysts forecast the Global R&D Outsourcing market will grow at a CAGR of 8.65 percent over the period 2013-2018.

Covered in this Report
The R&D activities which are outsourced comprise of Research, Idea, Design, Product, Prototyping, Testing, and Manufacturing and Aftersales.

Global R&D Outsourcing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers Global R&D Outsourcing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.