Middle East and Africa Procurement as-a-Service Market Analysis, Size, and Share by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Middle East and Africa Procurement as-a-Service Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Strategic Sourcing, Spend Management, Category Management, Process Management, Contract Management, Transaction Management); Enterprise Size (SMEs, Large Enterprises); End-User Industry (IT and Telecom, Consumer Goods and Retail, Manufacturing, Energy and Utility, Healthcare, Hospitality and Tourism, Others); and Country

Report Date : Aug 2020
Report Code : TIPRE00013333

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 106

Page Updated: Dec 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Procurement as-a-Service market in Middle East and Africa is expected to grow from US$ 108.4 Million in 2019 to US$ 165.9 Million by 2027; it is estimated to grow at a CAGR of 6.60 % from 2020 to 2027.

The region is expected to see a rapid rise in marketing and industrialization, which would further improve the diverse industries. The Gulf countries are economically advanced, while the African countries still have to balance the economic conditions of the Gulf countries. Organizations in the region are working internationally for raw materials and product procurements from several suppliers and countries. Procurement services in supply chain aids finished goods delivery, and it also supports the business’s competitive advantage, which requires a huge effective supply chain operation. The procurement service professionals in the Middle East have to optimize their procurement know-how as the company environment has been changed, and the competition is surging.

There is a rising focus on developing procurement capabilities and embracing new technologies in order to gain benefit of the opportunity to handle growing threats to the supply chain. Advanced technologies offer an opportunity for procurement and supply specialists to re-evaluate the skills, which are needed, and which tasks are important and what activities can be better undertaken by the technology.

The growing advanced technology tools enable procurement service providers to focus on strategic objectives targeted at producing a competitive advantage for an organization. The increasing demand from enterprises to streamline the procurement processes and positive impact of BPO evolution on procurement outsourcing are the major driving factors for the Middle East and Africa procurement as-a-service market.

Saudi Arabia has the largest COVID-19 cases in the Middle East and Africa region and is followed by Iran, South Africa, and UAE, among others. UAE was the first country in the Middle East and Africa to report a confirmed case of coronavirus. MEA countries are still combating the virus, and are exercising lockdown, which is a critical factor towards the slowdown in the growth of procurement as-a service market.

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Middle East and Africa Procurement as-a-Service Market Segmentation

Middle East and Africa Procurement as-a-Service Market – by Component

Strategic Sourcing
Spend Management
Category Management
Process Management
Contract Management
Transaction Management

Middle East and Africa Procurement as-a-Service Market – by Enterprise Size

SMEs
Large Enterprises

Middle East and Africa Procurement as-a-Service Market – by End-User Industry

IT and Telecom
Consumer Goods and Retail
Manufacturing
Energy and Utility
Healthcare
Hospitality and Tourism
Others

Middle East and Africa Procurement as-a-Service Market – by Country

Saudi Arabia
UAE
South Africa
Rest of MEA

Middle East and Africa Procurement as-a-Service Market-Companies Mentioned

Accenture
Genpact Ltd
GEP
HCL Technologies
IBM Corporation
Infosys Ltd
Wipro Limited
WNS (Holdings) Limited

Middle East and Africa Procurement as-a-Service Report Scope

Report Attribute	Details
Market size in 2019	US$ 108.4 Million
Market Size by 2027	US$ 165.9 Million
Global CAGR (2020 - 2027)	6.60 %
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Component Strategic Sourcing Spend Management Category Management Process Management Contract Management Transaction Management By Enterprise Size SMEs Large Enterprises By End-User Industry IT and Telecom Consumer Goods and Retail Manufacturing Energy and Utility Healthcare Hospitality and Tourism
Regions and Countries Covered	Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Accenture Genpact Ltd GEP HCL Technologies IBM Corporation Infosys Ltd Wipro Limited WNS (Holdings) Limited

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Middle East and Africa Procurement as-a-Service Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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