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.