Procurement Outsourcing Services Market 2027 | The Insight Partners

Procurement Outsourcing Services Market to 2027 - Global Analysis and Forecasts By Component (Source Management, Supplier Management, Procurement Management, Transactions Management, Others); Industry Vertical (Manufacturing, Healthcare, IT and Telecom, BFSI, Retail and Consumer Goods, Others) and Geography

Report Code: TIPRE00007489 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION

The demand for procurement outsourcing services is gaining traction with the increasing global competition and cost-effectiveness of the service. Technological advancements and rising digitization are further projected to expand the growth of the procurement outsourcing services market. The key market players are adopting advanced analytics and integrating machine learning and artificial intelligence to achieve intelligent operations. This scenario creates a favorable industry outlook for the key market players during the forecast period.

MARKET DYNAMICS

The procurement outsourcing services market is anticipated to flourish in the forecast period owing to driving factors such as demand from enterprises to streamline the procurement process and an increasing need to handle compliance policies and contracts. However, data security and privacy issues hinder the growth of the procurement outsourcing services market during the forecast period. On the other hand, the adoption of technologies like artificial intelligence and machine learning are exacted to offer significant growth prospects to the players operating in the procurement outsourcing services market in the future.

MARKET SCOPE

The "Global Procurement Outsourcing Services Market Analysis to 2027" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of procurement outsourcing services market with detailed market segmentation by component, industry vertical, and geography. The global procurement outsourcing services market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading procurement outsourcing services market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global procurement outsourcing services market is segmented on the basis of component and industry vertical. Based on component, the market is segmented as source management, supplier management, procurement management, transactions management, and others. On the basis of the industry vertical, the market is segmented as manufacturing, healthcare, IT & telecom, BFSI, retail and consumer goods, and others.

REGIONAL FRAMEWORK


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global procurement outsourcing services market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The procurement outsourcing services market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting procurement outsourcing services market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the procurement outsourcing services market in these regions.

MARKET PLAYERS


The reports cover key developments in the procurement outsourcing services market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from procurement outsourcing services market are anticipated to lucrative growth opportunities in the future with the rising demand for procurement outsourcing services in the global market. Below mentioned is the list of few companies engaged in the procurement outsourcing services market.

The report also includes the profiles of key procurement outsourcing services companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

  •  Accenture plc
  •  Capgemini SE
  •  DXC Technology Company
  •  Genpact Ltd
  •  GEP
  •  HCL Technologies Limited
  •  IBM Corporation
  •  Infosys Limited
  •  Wipro Limited
  •  WNS (Holdings) Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Procurement Outsourcing Services Market - By Component
1.3.2 Procurement Outsourcing Services Market - By Industry Vertical
1.3.3 Procurement Outsourcing Services Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PROCUREMENT OUTSOURCING SERVICES MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. PROCUREMENT OUTSOURCING SERVICES MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. PROCUREMENT OUTSOURCING SERVICES MARKET - GLOBAL MARKET ANALYSIS
6.1. PROCUREMENT OUTSOURCING SERVICES - GLOBAL MARKET OVERVIEW
6.2. PROCUREMENT OUTSOURCING SERVICES - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. PROCUREMENT OUTSOURCING SERVICES MARKET - REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOURCE MANAGEMENT
7.3.1. Overview
7.3.2. Source Management Market Forecast and Analysis
7.4. SUPPLIER MANAGEMENT
7.4.1. Overview
7.4.2. Supplier Management Market Forecast and Analysis
7.5. PROCUREMENT MANAGEMENT
7.5.1. Overview
7.5.2. Procurement Management Market Forecast and Analysis
7.6. TRANSACTIONS MANAGEMENT
7.6.1. Overview
7.6.2. Transactions Management Market Forecast and Analysis
7.7. OTHERS
7.7.1. Overview
7.7.2. Others Market Forecast and Analysis
8. PROCUREMENT OUTSOURCING SERVICES MARKET - REVENUE AND FORECASTS TO 2027 - INDUSTRY VERTICAL
8.1. OVERVIEW
8.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
8.3. MANUFACTURING
8.3.1. Overview
8.3.2. Manufacturing Market Forecast and Analysis
8.4. HEALTHCARE
8.4.1. Overview
8.4.2. Healthcare Market Forecast and Analysis
8.5. IT AND TELECOM
8.5.1. Overview
8.5.2. IT and Telecom Market Forecast and Analysis
8.6. BFSI
8.6.1. Overview
8.6.2. BFSI Market Forecast and Analysis
8.7. RETAIL AND CONSUMER GOODS
8.7.1. Overview
8.7.2. Retail and Consumer Goods Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

9. PROCUREMENT OUTSOURCING SERVICES MARKET REVENUE AND FORECASTS TO 2027 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Procurement Outsourcing Services Market Overview
9.1.2 North America Procurement Outsourcing Services Market Forecasts and Analysis
9.1.3 North America Procurement Outsourcing Services Market Forecasts and Analysis - By Component
9.1.4 North America Procurement Outsourcing Services Market Forecasts and Analysis - By Industry Vertical
9.1.5 North America Procurement Outsourcing Services Market Forecasts and Analysis - By Countries
9.1.5.1 United States Procurement Outsourcing Services Market
9.1.5.1.1 United States Procurement Outsourcing Services Market by Component
9.1.5.1.2 United States Procurement Outsourcing Services Market by Industry Vertical
9.1.5.2 Canada Procurement Outsourcing Services Market
9.1.5.2.1 Canada Procurement Outsourcing Services Market by Component
9.1.5.2.2 Canada Procurement Outsourcing Services Market by Industry Vertical
9.1.5.3 Mexico Procurement Outsourcing Services Market
9.1.5.3.1 Mexico Procurement Outsourcing Services Market by Component
9.1.5.3.2 Mexico Procurement Outsourcing Services Market by Industry Vertical
9.2. EUROPE
9.2.1 Europe Procurement Outsourcing Services Market Overview
9.2.2 Europe Procurement Outsourcing Services Market Forecasts and Analysis
9.2.3 Europe Procurement Outsourcing Services Market Forecasts and Analysis - By Component
9.2.4 Europe Procurement Outsourcing Services Market Forecasts and Analysis - By Industry Vertical
9.2.5 Europe Procurement Outsourcing Services Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Procurement Outsourcing Services Market
9.2.5.1.1 Germany Procurement Outsourcing Services Market by Component
9.2.5.1.2 Germany Procurement Outsourcing Services Market by Industry Vertical
9.2.5.2 France Procurement Outsourcing Services Market
9.2.5.2.1 France Procurement Outsourcing Services Market by Component
9.2.5.2.2 France Procurement Outsourcing Services Market by Industry Vertical
9.2.5.3 Italy Procurement Outsourcing Services Market
9.2.5.3.1 Italy Procurement Outsourcing Services Market by Component
9.2.5.3.2 Italy Procurement Outsourcing Services Market by Industry Vertical
9.2.5.4 United Kingdom Procurement Outsourcing Services Market
9.2.5.4.1 United Kingdom Procurement Outsourcing Services Market by Component
9.2.5.4.2 United Kingdom Procurement Outsourcing Services Market by Industry Vertical
9.2.5.5 Russia Procurement Outsourcing Services Market
9.2.5.5.1 Russia Procurement Outsourcing Services Market by Component
9.2.5.5.2 Russia Procurement Outsourcing Services Market by Industry Vertical
9.2.5.6 Rest of Europe Procurement Outsourcing Services Market
9.2.5.6.1 Rest of Europe Procurement Outsourcing Services Market by Component
9.2.5.6.2 Rest of Europe Procurement Outsourcing Services Market by Industry Vertical
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Procurement Outsourcing Services Market Overview
9.3.2 Asia-Pacific Procurement Outsourcing Services Market Forecasts and Analysis
9.3.3 Asia-Pacific Procurement Outsourcing Services Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Procurement Outsourcing Services Market Forecasts and Analysis - By Industry Vertical
9.3.5 Asia-Pacific Procurement Outsourcing Services Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Procurement Outsourcing Services Market
9.3.5.1.1 Australia Procurement Outsourcing Services Market by Component
9.3.5.1.2 Australia Procurement Outsourcing Services Market by Industry Vertical
9.3.5.2 China Procurement Outsourcing Services Market
9.3.5.2.1 China Procurement Outsourcing Services Market by Component
9.3.5.2.2 China Procurement Outsourcing Services Market by Industry Vertical
9.3.5.3 India Procurement Outsourcing Services Market
9.3.5.3.1 India Procurement Outsourcing Services Market by Component
9.3.5.3.2 India Procurement Outsourcing Services Market by Industry Vertical
9.3.5.4 Japan Procurement Outsourcing Services Market
9.3.5.4.1 Japan Procurement Outsourcing Services Market by Component
9.3.5.4.2 Japan Procurement Outsourcing Services Market by Industry Vertical
9.3.5.5 South Korea Procurement Outsourcing Services Market
9.3.5.5.1 South Korea Procurement Outsourcing Services Market by Component
9.3.5.5.2 South Korea Procurement Outsourcing Services Market by Industry Vertical
9.3.5.6 Rest of Asia-Pacific Procurement Outsourcing Services Market
9.3.5.6.1 Rest of Asia-Pacific Procurement Outsourcing Services Market by Component
9.3.5.6.2 Rest of Asia-Pacific Procurement Outsourcing Services Market by Industry Vertical
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Procurement Outsourcing Services Market Overview
9.4.2 Middle East and Africa Procurement Outsourcing Services Market Forecasts and Analysis
9.4.3 Middle East and Africa Procurement Outsourcing Services Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Procurement Outsourcing Services Market Forecasts and Analysis - By Industry Vertical
9.4.5 Middle East and Africa Procurement Outsourcing Services Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Procurement Outsourcing Services Market
9.4.5.1.1 South Africa Procurement Outsourcing Services Market by Component
9.4.5.1.2 South Africa Procurement Outsourcing Services Market by Industry Vertical
9.4.5.2 Saudi Arabia Procurement Outsourcing Services Market
9.4.5.2.1 Saudi Arabia Procurement Outsourcing Services Market by Component
9.4.5.2.2 Saudi Arabia Procurement Outsourcing Services Market by Industry Vertical
9.4.5.3 U.A.E Procurement Outsourcing Services Market
9.4.5.3.1 U.A.E Procurement Outsourcing Services Market by Component
9.4.5.3.2 U.A.E Procurement Outsourcing Services Market by Industry Vertical
9.4.5.4 Rest of Middle East and Africa Procurement Outsourcing Services Market
9.4.5.4.1 Rest of Middle East and Africa Procurement Outsourcing Services Market by Component
9.4.5.4.2 Rest of Middle East and Africa Procurement Outsourcing Services Market by Industry Vertical
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Procurement Outsourcing Services Market Overview
9.5.2 South and Central America Procurement Outsourcing Services Market Forecasts and Analysis
9.5.3 South and Central America Procurement Outsourcing Services Market Forecasts and Analysis - By Component
9.5.4 South and Central America Procurement Outsourcing Services Market Forecasts and Analysis - By Industry Vertical
9.5.5 South and Central America Procurement Outsourcing Services Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Procurement Outsourcing Services Market
9.5.5.1.1 Brazil Procurement Outsourcing Services Market by Component
9.5.5.1.2 Brazil Procurement Outsourcing Services Market by Industry Vertical
9.5.5.2 Argentina Procurement Outsourcing Services Market
9.5.5.2.1 Argentina Procurement Outsourcing Services Market by Component
9.5.5.2.2 Argentina Procurement Outsourcing Services Market by Industry Vertical
9.5.5.3 Rest of South and Central America Procurement Outsourcing Services Market
9.5.5.3.1 Rest of South and Central America Procurement Outsourcing Services Market by Component
9.5.5.3.2 Rest of South and Central America Procurement Outsourcing Services Market by Industry Vertical

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. PROCUREMENT OUTSOURCING SERVICES MARKET, KEY COMPANY PROFILES
11.1. ACCENTURE PLC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CAPGEMINI SE
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DXC TECHNOLOGY COMPANY
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GENPACT LTD
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GEP
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HCL TECHNOLOGIES LIMITED
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. IBM CORPORATION
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. INFOSYS LIMITED
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. WIPRO LIMITED
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. WNS (HOLDINGS) LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Accenture plc
2.Capgemini SE
3.DXC Technology Company
4.Genpact Ltd
5.GEP
6.HCL Technologies Limited
7.IBM Corporation
8.Infosys Limited
9.Wipro Limited
10.WNS (Holdings) Ltd.