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Research And Development Outsourcing Services Global Market Report 2022: Ukraine-Russia War Impact

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    Report

  • 175 Pages
  • November 2022
  • Region: Global
  • The Business Research Company
  • ID: 5695500
Major players in the research and development outsourcing services market are Cyient Limited, GlobalLogic, HCL Technologies Ltd, Tech Mahindra Ltd, Mindtree, Tata Consultancy Services Ltd, Wipro Ltd, Aricent Group, Accenture plc, Aspire Systems Inc, Beyondsoft Corp, Kistler Instrumente AG, Microsoft Corporation, Samsung Electronics Co Ltd, Altair Engineering Inc, Capgemini Services SAS, and Kistler Instrumente AG.

The global research and development outsourcing services market is expected to grow from $7.18 billion in 2021 to $7.75 billion in 2022 at a compound annual growth rate (CAGR) of 8.02%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting manyevery markets across the globe. The research and development outsourcing services market is expected to reach $11.10 billion in 2026 at a CAGR of 9.40%.

The research and development outsourcing services market consists of sales of research and development outsourcing services by entities (organizations, sole traders, and partnerships) that refers to a service in which a company hires another company to handle R&D duties and operations that were previously held by the company's staff. The primary goal of R&D outsourcing is to reduce costs, reduce business risks, and accelerate product market entry. This outsourcing function improves organizational effectiveness, shorter product development cycles, greater access to high technology, or restructured and improved resource use.

The main types of research and development outsourcing services are onshore and offshore. Onshore refers to the service obtaining services from someone who is not affiliated with a corporation yet lives in the same country. The research and development outsourcing services are used by small, medium, and large enterprises in automotive, consumer electronics, telecommunications, semiconductor, aerospace, healthcare, and construction.

North America was the largest region in the research and development outsourcing services market in 2021. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in research and development outsourcing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Enterprises increased access to the global talent outsourcing service is expected to propel the research and development outsourcing services market. Companies are pooling talent from around the world to meet their demands and requirements. Global talent increases the diversity and breadth of experience in the current staff, increasing organizations' mobility. It helps to interact with workers from diverse cultures using a global talent pool. According to the 2022 Global Software Outsourcing Trends and Rates Guide report published by Accelerance, an outsourcing advisor providing software development resources states that 64 % of companies outsource their application development to other enterprises requiring enhanced expertise from external partners such as an IT outsourcing firm. Furthermore, Mid-sized businesses are driving software outsourcing demand, with average outsourcing increasing to 11.8 % from 9.1% in 2020. Therefore, increasing access to global outsourcing services will drive the research and development outsourcing services market.

Partnerships and collaborations are a key trend gaining popularity in the research and development outsourcing market. Major technology providers are partnering with different companies to advance their developments in the research and development outsourcing market. For instance, In March 2020, Microsoft, a US-based technology company, and Accenture, an Ireland-based Information technology company, partnered to increase the societal impact of emerging technology. Microsoft Research India and Accenture Labs will collaborate to help social enterprise startups with R&D of testing and validating proofs-of-concept, conducting creative thinking sessions to help them re-imagine the impact of their solutions, and providing support in exploring and using Microsoft technologies through the program.

In November 2021, Softline Group, a London-based provider of IT solutions and services, acquired the software development outsourcing business of the Aplana Group for an undisclosed amount. With this acquisition, Softline would encourage the expansion of trade in customs development and the export of Russian competencies and technologies worldwide. Aplana Group is a Europe-based software company providing services for developing, implementing, and integrating corporate software products.

The countries covered in the research and development outsourcing services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The research and development outsourcing services market research report is one of a series of new reports that provides research and development outsourcing services market statistics, including research and development outsourcing services industry global market size, regional shares, competitors with a research and development outsourcing services market share, detailed research and development outsourcing services market segments, market trends and opportunities, and any further data you may need to thrive in the research and development outsourcing services industry. This research and development outsourcing services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.



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Frequently Asked Questions about the Global Research and Development Outsourcing Services Market

What is the estimated value of the Global Research and Development Outsourcing Services Market?

The Global Research and Development Outsourcing Services Market was estimated to be valued at $7.75 billion in 2022.

What is the growth rate of the Global Research and Development Outsourcing Services Market?

The growth rate of the Global Research and Development Outsourcing Services Market is 9.4%, with an estimated value of $11.1 billion by 2026.

What is the forecasted size of the Global Research and Development Outsourcing Services Market?

The Global Research and Development Outsourcing Services Market is estimated to be worth $11.1 billion by 2026.

Who are the key companies in the Global Research and Development Outsourcing Services Market?

Key companies in the Global Research and Development Outsourcing Services Market include Cyient Limited, GlobalLogic, HCL Technologies Ltd and Mindtree.

Table of Contents

1. Executive Summary2. Research And Development Outsourcing Services Market Characteristics3. Research And Development Outsourcing Services Market Trends And Strategies
4. Research And Development Outsourcing Services Market - Macro Economic Scenario
4.1. COVID-19 Impact On Research And Development Outsourcing Services Market
4.2. Ukraine-Russia War Impact On Research And Development Outsourcing Services Market
4.3. Impact Of High Inflation On Research And Development Outsourcing Services Market
5. Research And Development Outsourcing Services Market Size And Growth
5.1. Global Research And Development Outsourcing Services Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Research And Development Outsourcing Services Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Research And Development Outsourcing Services Market Segmentation
6.1. Global Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • On Shore
  • Off Shore
6.2. Global Research And Development Outsourcing Services Market, Segmentation By Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Small And Medium Enterprises
  • Large Enterprises
6.3. Global Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Automotive
  • Consumer Electronics
  • Telecommunications
  • Semiconductor
  • Aerospace
  • Healthcare
  • Construction
7. Research And Development Outsourcing Services Market Regional And Country Analysis
7.1. Global Research And Development Outsourcing Services Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Research And Development Outsourcing Services Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Research And Development Outsourcing Services Market
8.1. Asia-Pacific Research And Development Outsourcing Services Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Research And Development Outsourcing Services Market
9.1. China Research And Development Outsourcing Services Market Overview
9.2. China Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Research And Development Outsourcing Services Market
10.1. India Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Research And Development Outsourcing Services Market
11.1. Japan Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Research And Development Outsourcing Services Market
12.1. Australia Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Research And Development Outsourcing Services Market
13.1. Indonesia Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Research And Development Outsourcing Services Market
14.1. South Korea Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Research And Development Outsourcing Services Market
15.1. Western Europe Research And Development Outsourcing Services Market Overview
15.2. Western Europe Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Research And Development Outsourcing Services Market
16.1. UK Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Research And Development Outsourcing Services Market
17.1. Germany Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Research And Development Outsourcing Services Market
18.1. France Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Research And Development Outsourcing Services Market
19.1. Eastern Europe Research And Development Outsourcing Services Market Overview
19.2. Eastern Europe Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Research And Development Outsourcing Services Market
20.1. Russia Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Research And Development Outsourcing Services Market
21.1. North America Research And Development Outsourcing Services Market Overview
21.2. North America Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Research And Development Outsourcing Services Market
22.1. USA Research And Development Outsourcing Services Market Overview
22.2. USA Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Research And Development Outsourcing Services Market
23.1. South America Research And Development Outsourcing Services Market Overview
23.2. South America Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Research And Development Outsourcing Services Market
24.1. Brazil Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Research And Development Outsourcing Services Market
25.1. Middle East Research And Development Outsourcing Services Market Overview
25.2. Middle East Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Research And Development Outsourcing Services Market
26.1. Africa Research And Development Outsourcing Services Market Overview
26.2. Africa Research And Development Outsourcing Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Research And Development Outsourcing Services Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Research And Development Outsourcing Services Market Competitive Landscape And Company Profiles
27.1. Research And Development Outsourcing Services Market Competitive Landscape
27.2. Research And Development Outsourcing Services Market Company Profiles
27.2.1. Cyient Limited
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. GlobalLogic
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. HCL Technologies Ltd
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Tech Mahindra Ltd
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Mindtree
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Research And Development Outsourcing Services Market29. Research And Development Outsourcing Services Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. About the Publisher
30.6. Copyright And Disclaimer

Executive Summary

Research And Development Outsourcing Services Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global research and development outsourcing services market.

This report focuses on research and development outsourcing services market which is experiencing strong growth. The report gives a guide to the research and development outsourcing services market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the research and development outsourcing services ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Research And Development Outsourcing Services market global report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider research and development outsourcing services market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
  • Our forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The research and development outsourcing services market section of the report gives context. It compares the research and development outsourcing services market with other segments of the research and development outsourcing services market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, research and development outsourcing services indicators comparison.

Scope

Markets Covered:

1) By Type: On Shore; Off Shore
2) By Size: Small and Medium Enterprises; Large Enterprises
3) By End User: Automotive; Consumer Electronics; Telecommunications; Semiconductor; Aerospace; Healthcare; Construction

Companies Mentioned: Cyient Limited; GlobalLogic; HCL Technologies Ltd; Tech Mahindra Ltd; Mindtree

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Cyient Limited
  • GlobalLogic
  • HCL Technologies Ltd
  • Tech Mahindra Ltd
  • Mindtree

Methodology

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