Europe software services offshoring market
is expected to grow at an impressive rate during the forecast period. The Europe
software services offshoring market is driven by the increasing adoption of
cloud computing by various enterprises across the region. This has led to the
enhancement in the quality of offshoring services being provided. Additionally,
other benefits of cloud such as flexibility, scalability, improved security,
24/7 availability, automated update features, among others, are further creating
lucrative opportunities for the market growth during forecast period.
Additionally, offshoring brings down the operational and labor costs and allows
the organizations to focus on their core competencies. This in turn is expected
to positively influence the market growth over the next few years.
The Europe software services offshoring market
is segmented based on type, service, vertical, company, and country. Based on type, the market can be bifurcated into direct and
indirect. The indirect offshoring segment is expected to dominate the
market during the forecast period. This can be ascribed to the associated
benefits of indirect offshoring such as flexibility and affordability, while avoiding
the communication, legal and offshore employee organizational hurdles.
Major players operating in the Europe software
services offshoring market include N-iX, Eleks, MentorMate,
STX Next, Qulix Systems, Perfectial, IT Craft, Itransition, Kanda Software, Devoxx
Software, and others. The companies are developing advanced technologies
and launching new services in order to stay competitive in the market. Other
competitive strategies include mergers & acquisitions and new product
considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of Europe software services
offshoring market from 2015 to 2018.
- To estimate and forecast the market size of Europe software
services offshoring market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast Europe software services offshoring market
based on type, service, vertical, company, and country distribution.
- To identify dominant region or segment in the Europe software
services offshoring market.
- To identify drivers and challenges for Europe software services
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Europe software services
- To identify and analyze the profile of leading players operating in
Europe software services offshoring market.
- To identify key sustainable strategies adopted by market players in
Europe software services offshoring market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the region. Subsequently, TechSci Research
conducted primary research surveys with the identified companies. While
interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the service providers which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the service providers, vendors and presence of all major
players across the region.
Research calculated the market size of Europe software services offshoring market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Software services offshoring service providers,
vendors and other stakeholders
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
software services offshoring
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, vendors, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
In this report, Europe software services
offshoring market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Europe Software Services Offshoring Market, By Type:
- Europe Software Services Offshoring Market, By Service:
Design & Architecture
- SaaS Development
- Europe Software Services Offshoring Market, By Vertical:
- IT &
- Europe Software Services Offshoring
Market, By Country:
- United Kingdom
Company Profiles: Detailed analysis of the major
companies present in Europe software services offshoring market.
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Europe software services
offshoring market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]
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- Detailed analysis and profiling of
additional market players (up to five).