Engineering Services Outsourcing (ESO) Market Trends, Company Share To 2020: Grand View Research.
New Market Research Reports Title “Engineering Services Outsourcing (ESO) Market Analysis Size and Segment Forecasts to 2020” Has Been Added to GrandViewResearch.com Report Database
The Global Engineering Services Outsourcing (ESO) Market is expected to reach USD 415.74 billion by 2020, according to a new study by Grand View Research, Inc. Increased cost pressures on global firms resulting in constrained R&D budgets is a primary driver for market growth over the forecast period. Additionally, shorter product life cycles owing to dynamic consumer buying behavior are also expected to favorably impact market growth.
Enhancement in production process, cost advantage and lowered time-to-market are some of the other factors expected to boost market growth. Threat of intellectual property (IP) theft may pose a challenge to industry growth as it results in significant losses for businesses. Legal enforcements in a few offshore locations make it difficult for prosecuting firms which misuse confidential data and patents.
Browse full research report on Global Engineering Services Outsourcing (ESO) Market: http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market
Further key findings from the study suggest:
Read detailed report or request for sample of this research report:
For the purpose of this study, Grand View Research has segmented the global engineering services outsourcing market on the basis of end-use and region:
Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/communication-services
Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHOR
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Corporate Sales Specialist, USA
Grand View Research, Inc