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Monday, 8 September 2014

Global Engineering Services Outsourcing (#ESO) Market is Expected to Reach USD 415.74 Billion by 2020: #GrandViewResearch


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.
http://www.grandviewresearch.com/industry-analysis/engineering-services-outsourcing-market

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