Service Procurement Market 2027 by Product Type, Industry and Geography | The Insight Partners

Service Procurement Market to 2027 - Global Analysis and Forecasts by Product Type (Contingent Workforce Management, Freelancer Management, Statement Of Work Procurement, Services Governance And Master Service Agreement, Analytics And Reporting, Resource Sourcing and Tracking); Industry (BFSI, Telecom and IT, Manufacturing, Retail and Consumer Goods, Government, Others) and Geography

Report Code: TIPRE00007280 | No. of Pages: 150 | Category: Technology, Media and Telecommunications | Status: Upcoming
MARKET INTRODUCTION

Service procurement is a strategic outsourcing process of procuring operational services from external sources. Service procurement solutions facilitate organizations in improving their human resource recruitment process, resulting in a positive impact on work quality and productivity. Further, it is also useful for organizations in automatizing several governance activities essential for the management of the external workforce. Thereby, automatizing of governance activities aids an organization in enhancing their productivity along with helping in the workforce expansion.

MARKET DYNAMICS

Some of the factors propelling the growth of the service procurement market include effective management of expenditure on contractual workers, rising demand for freelancers, and increasing focus on workforce analytics. However, complexity in the selection of services process as well as access to corporate systems to temporary workers may hinder the service procurement market to a certain extent. Also, the growing number of temporary workers, particularly in the services sector, offers lucrative growth opportunity to the service procurement market.

MARKET SCOPE

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

MARKET SEGMENTATION

The global service procurement market is segmented on the basis of product type and industry. Based on the product type, the market is classified into contingent workforce management, freelancer management, statement of work procurement, services governance and master service agreement, analytics and reporting, and resource sourcing and tracking. Further, the industry segment of service procurement market is categorized into BFSI, telecom and IT, manufacturing, retail and consumer goods, government, 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 service procurement 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 & Africa (MEA), and South America (SAM). The service procurement 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 the service procurement 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 SAM after evaluating political, economic, social and technological factors affecting the service procurement market in these regions.

MARKET PLAYERS


The reports cover key developments in the service procurement 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 payers from service procurement market are anticipated to lucrative growth opportunities in the future with the rising demand for service procurement in the global market. Below mentioned is the list of few companies engaged in the service procurement market.

The report also includes the profiles of key service procurement 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 3 years, the key development in the past five years.

  • Acara Solutions, Inc.
  • Beeline
  • Coupa Software
  • Field Nation, LLC
  • Pro Unlimited Inc.
  • SAP SE
  • Smart ERP Solutions Inc.
  • Upwork
  • VectorVMS
  • WorkMarket, Inc.

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 Service Procurement Market - By Product Type
1.3.2 Service Procurement Market - By Industry
1.3.3 Service Procurement Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SERVICE PROCUREMENT 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. SERVICE PROCUREMENT 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. SERVICE PROCUREMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. SERVICE PROCUREMENT - GLOBAL MARKET OVERVIEW
6.2. SERVICE PROCUREMENT - GLOBAL MARKET AND FORECAST TO 2027
6.3. MARKET POSITIONING/MARKET SHARE

7. SERVICE PROCUREMENT MARKET - REVENUE AND FORECASTS TO 2027 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT TYPE MARKET FORECASTS AND ANALYSIS
7.3. CONTINGENT WORKFORCE MANAGEMENT
7.3.1. Overview
7.3.2. Contingent Workforce Management Market Forecast and Analysis
7.4. FREELANCER MANAGEMENT
7.4.1. Overview
7.4.2. Freelancer Management Market Forecast and Analysis
7.5. STATEMENT OF WORK PROCUREMENT
7.5.1. Overview
7.5.2. Statement Of Work Procurement Market Forecast and Analysis
7.6. SERVICES GOVERNANCE AND MASTER SERVICE AGREEMENT
7.6.1. Overview
7.6.2. Services Governance And Master Service Agreement Market Forecast and Analysis
7.7. ANALYTICS AND REPORTING
7.7.1. Overview
7.7.2. Analytics And Reporting Market Forecast and Analysis
7.8. RESOURCE SOURCING AND TRACKING
7.8.1. Overview
7.8.2. Resource Sourcing and Tracking Market Forecast and Analysis
8. SERVICE PROCUREMENT MARKET - REVENUE AND FORECASTS TO 2027 - INDUSTRY
8.1. OVERVIEW
8.2. INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. BFSI
8.3.1. Overview
8.3.2. BFSI Market Forecast and Analysis
8.4. TELECOM AND IT
8.4.1. Overview
8.4.2. Telecom and IT Market Forecast and Analysis
8.5. MANUFACTURING
8.5.1. Overview
8.5.2. Manufacturing Market Forecast and Analysis
8.6. RETAIL AND CONSUMER GOODS
8.6.1. Overview
8.6.2. Retail and Consumer Goods Market Forecast and Analysis
8.7. GOVERNMENT
8.7.1. Overview
8.7.2. Government Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis

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

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. SERVICE PROCUREMENT MARKET, KEY COMPANY PROFILES
11.1. ACARA SOLUTIONS, INC.
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. BEELINE
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. COUPA SOFTWARE
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. FIELD NATION, LLC
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. PRO UNLIMITED INC.
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. SAP SE
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. SMART ERP SOLUTIONS INC.
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. UPWORK
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. VECTORVMS
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. WORKMARKET, INC.
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.Acara Solutions, Inc.
2.Beeline
3.Coupa Software
4.Field Nation, LLC
5.Pro Unlimited Inc.
6.SAP SE
7.Smart ERP Solutions Inc.
8.Upwork
9.VectorVMS
10.WorkMarket, Inc.