South and Central America Procurement as-a-Service Market Growth and Analysis by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027South and Central America 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 : TIPRE00013336
- Category : Technology, Media and Telecommunications
- Status : Published
- Available Report Formats :
- No. of Pages : 102
The Procurement as-a-Service market in South and Central America is expected to grow from US$ 452.8 Million in 2019 to US$ 689.8 Million by 2027; it is estimated to grow at a CAGR of 6.50% from 2020 to 2027.
South and Central America (SAM) includes countries such as Brazil, Argentina, and the rest of SAM. The outsourcing market in the region grew immensely in 2019, with procurement outsourcing accounting for more than 30% of this growth as per the GEP study. Countries in the region, such as Brazil, Argentina, and Chile, offers attractive features for outsourcing and have attracted several top global companies to invest in BPOs and shared service centers (SSC), call centers, and offshore delivery centers.
Public procurement is a strong tool for governments to create dynamic, advanced, and sustainable markets and economies. The International Institute for Sustainable Development (IISD) realized a requirement for a compact tool that will help government procurement officials in the region procure sustainably. This would create a demand for environmentally friendly goods, services, and infrastructure and drive green industrial development. Thus, it will help to increase demand for procurement as-a-service in the region.
Moreover, the rising need for efficient procurement services and solutions to enhance procurement performance and reduce operational costs is expected to provide lucrative business opportunities for the South and Central America Procurement as-a-Service market players during the coming years.
Though the complete impact of COVID-19 is still unidentified, the impact across the electronics value chain will probably be far-reaching—and strongly affecting parties involved with semiconductor manufacturing. COVID-19 is underlining the possible risks and vulnerability of procurement management value chain model as well as challenging the information communication and technology (ICT) industry to consider altering in its supply chain model.
South and Central America Procurement as-a-Service Market
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
South and Central America Procurement as-a-Service Market Segmentation
South and Central America Procurement as-a-Service Market – by Component
- Strategic Sourcing
- Spend Management
- Category Management
- Process Management
- Contract Management
- Transaction Management
South and Central America Procurement as-a-Service Market – by Enterprise Size
- SMEs
- Large Enterprises
South and Central America 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
South and Central America Procurement as-a-Service Market – by Country
- Brazil
- Argentina
- Rest of SAM
South and Central America Procurement as-a-Service Market-Companies Mentioned
- Accenture
- CAPGEMINI SE
- Genpact Ltd
- HCL Technologies
- Infosys Ltd
- Wipro Limited
- WNS (Holdings) Limited
South and Central America Procurement as-a-Service Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 452.8 Million |
| Market Size by 2027 | US$ 689.8 Million |
| Global CAGR (2020 - 2027) | 6.50% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Component
|
| Regions and Countries Covered | South and Central America
|
| Market leaders and key company profiles |
- 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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- Accenture
- CAPGEMINI SE
- Genpact Ltd
- HCL Technologies
- Infosys Ltd
- Wipro Limited
- WNS (Holdings) Limited
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