Albany, NY -- (SBWIRE) -- 05/07/2015 -- 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.

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

Covered in this report

Recent 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.

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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
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Market challenge

Lack of control over product development
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Market trend

Nearshoring
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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?

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