Global Procurement Outsourcing Services Market Growth (Status and Outlook) 2024-2030

Publication ID:

LPI03248735

Publication Date:

March 27, 2024

Pages:

113

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Procurement Outsourcing Services market size was valued at US$ 4380.2 million in 2023. With growing demand in downstream market, the Procurement Outsourcing Services is forecast to a readjusted size of US$ 5822.3 million by 2030 with a CAGR of 4.1% during review period.
The research report highlights the growth potential of the global Procurement Outsourcing Services market. Procurement Outsourcing Services are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Procurement Outsourcing Services. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Procurement Outsourcing Services market.
Procurement outsourcing services is a process wherein a company engages an external service provider to manage their core and non-core purchase transactions and expenditures.
Rising demand from Asia-Pacific region a major driver for the growth of the market.
Key Features:
The report on Procurement Outsourcing Services market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Procurement Outsourcing Services market. It may include historical data, market segmentation by Type (e.g., Category Management, Source Management), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Procurement Outsourcing Services market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Procurement Outsourcing Services market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Procurement Outsourcing Services industry. This include advancements in Procurement Outsourcing Services technology, Procurement Outsourcing Services new entrants, Procurement Outsourcing Services new investment, and other innovations that are shaping the future of Procurement Outsourcing Services.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Procurement Outsourcing Services market. It includes factors influencing customer ' purchasing decisions, preferences for Procurement Outsourcing Services product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Procurement Outsourcing Services market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Procurement Outsourcing Services market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Procurement Outsourcing Services market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Procurement Outsourcing Services industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Procurement Outsourcing Services market.
Market Segmentation:
Procurement Outsourcing Services market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
Category Management
Source Management
Procurement Management
Supplier Management
Segmentation by application
BFSI
Energy and Utilities
Healthcare
IT and Telecom
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Accenture
GEP
Genpact
Aquanima
Optimum Procurement
Corbus
Wipro
Infosys
HCL Technologies
WNS
IBM Corporation

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Procurement Outsourcing Services Market Size 2019-2030
2.1.2 Procurement Outsourcing Services Market Size CAGR by Region 2019 VS 2023 VS 2030
2.2 Procurement Outsourcing Services Segment by Type
2.2.1 Category Management
2.2.2 Source Management
2.2.3 Procurement Management
2.2.4 Supplier Management
2.3 Procurement Outsourcing Services Market Size by Type
2.3.1 Procurement Outsourcing Services Market Size CAGR by Type (2019 VS 2023 VS 2030)
2.3.2 Global Procurement Outsourcing Services Market Size Market Share by Type (2019-2024)
2.4 Procurement Outsourcing Services Segment by Application
2.4.1 BFSI
2.4.2 Energy and Utilities
2.4.3 Healthcare
2.4.4 IT and Telecom
2.4.5 Other
2.5 Procurement Outsourcing Services Market Size by Application
2.5.1 Procurement Outsourcing Services Market Size CAGR by Application (2019 VS 2023 VS 2030)
2.5.2 Global Procurement Outsourcing Services Market Size Market Share by Application (2019-2024)
3 Procurement Outsourcing Services Market Size by Player
3.1 Procurement Outsourcing Services Market Size Market Share by Players
3.1.1 Global Procurement Outsourcing Services Revenue by Players (2019-2024)
3.1.2 Global Procurement Outsourcing Services Revenue Market Share by Players (2019-2024)
3.2 Global Procurement Outsourcing Services Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2022-2024)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Procurement Outsourcing Services by Regions
4.1 Procurement Outsourcing Services Market Size by Regions (2019-2024)
4.2 Americas Procurement Outsourcing Services Market Size Growth (2019-2024)
4.3 APAC Procurement Outsourcing Services Market Size Growth (2019-2024)
4.4 Europe Procurement Outsourcing Services Market Size Growth (2019-2024)
4.5 Middle East & Africa Procurement Outsourcing Services Market Size Growth (2019-2024)
5 Americas
5.1 Americas Procurement Outsourcing Services Market Size by Country (2019-2024)
5.2 Americas Procurement Outsourcing Services Market Size by Type (2019-2024)
5.3 Americas Procurement Outsourcing Services Market Size by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Procurement Outsourcing Services Market Size by Region (2019-2024)
6.2 APAC Procurement Outsourcing Services Market Size by Type (2019-2024)
6.3 APAC Procurement Outsourcing Services Market Size by Application (2019-2024)
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Procurement Outsourcing Services by Country (2019-2024)
7.2 Europe Procurement Outsourcing Services Market Size by Type (2019-2024)
7.3 Europe Procurement Outsourcing Services Market Size by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Procurement Outsourcing Services by Region (2019-2024)
8.2 Middle East & Africa Procurement Outsourcing Services Market Size by Type (2019-2024)
8.3 Middle East & Africa Procurement Outsourcing Services Market Size by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Procurement Outsourcing Services Market Forecast
10.1 Global Procurement Outsourcing Services Forecast by Regions (2025-2030)
10.1.1 Global Procurement Outsourcing Services Forecast by Regions (2025-2030)
10.1.2 Americas Procurement Outsourcing Services Forecast
10.1.3 APAC Procurement Outsourcing Services Forecast
10.1.4 Europe Procurement Outsourcing Services Forecast
10.1.5 Middle East & Africa Procurement Outsourcing Services Forecast
10.2 Americas Procurement Outsourcing Services Forecast by Country (2025-2030)
10.2.1 United States Procurement Outsourcing Services Market Forecast
10.2.2 Canada Procurement Outsourcing Services Market Forecast
10.2.3 Mexico Procurement Outsourcing Services Market Forecast
10.2.4 Brazil Procurement Outsourcing Services Market Forecast
10.3 APAC Procurement Outsourcing Services Forecast by Region (2025-2030)
10.3.1 China Procurement Outsourcing Services Market Forecast
10.3.2 Japan Procurement Outsourcing Services Market Forecast
10.3.3 Korea Procurement Outsourcing Services Market Forecast
10.3.4 Southeast Asia Procurement Outsourcing Services Market Forecast
10.3.5 India Procurement Outsourcing Services Market Forecast
10.3.6 Australia Procurement Outsourcing Services Market Forecast
10.4 Europe Procurement Outsourcing Services Forecast by Country (2025-2030)
10.4.1 Germany Procurement Outsourcing Services Market Forecast
10.4.2 France Procurement Outsourcing Services Market Forecast
10.4.3 UK Procurement Outsourcing Services Market Forecast
10.4.4 Italy Procurement Outsourcing Services Market Forecast
10.4.5 Russia Procurement Outsourcing Services Market Forecast
10.5 Middle East & Africa Procurement Outsourcing Services Forecast by Region (2025-2030)
10.5.1 Egypt Procurement Outsourcing Services Market Forecast
10.5.2 South Africa Procurement Outsourcing Services Market Forecast
10.5.3 Israel Procurement Outsourcing Services Market Forecast
10.5.4 Turkey Procurement Outsourcing Services Market Forecast
10.5.5 GCC Countries Procurement Outsourcing Services Market Forecast
10.6 Global Procurement Outsourcing Services Forecast by Type (2025-2030)
10.7 Global Procurement Outsourcing Services Forecast by Application (2025-2030)

11 Key Players Analysis
11.1 Accenture
11.1.1 Accenture Company Information
11.1.2 Accenture Procurement Outsourcing Services Product Offered
11.1.3 Accenture Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.1.4 Accenture Main Business Overview
11.1.5 Accenture Latest Developments
11.2 GEP
11.2.1 GEP Company Information
11.2.2 GEP Procurement Outsourcing Services Product Offered
11.2.3 GEP Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.2.4 GEP Main Business Overview
11.2.5 GEP Latest Developments
11.3 Genpact
11.3.1 Genpact Company Information
11.3.2 Genpact Procurement Outsourcing Services Product Offered
11.3.3 Genpact Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.3.4 Genpact Main Business Overview
11.3.5 Genpact Latest Developments
11.4 Aquanima
11.4.1 Aquanima Company Information
11.4.2 Aquanima Procurement Outsourcing Services Product Offered
11.4.3 Aquanima Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.4.4 Aquanima Main Business Overview
11.4.5 Aquanima Latest Developments
11.5 Optimum Procurement
11.5.1 Optimum Procurement Company Information
11.5.2 Optimum Procurement Procurement Outsourcing Services Product Offered
11.5.3 Optimum Procurement Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.5.4 Optimum Procurement Main Business Overview
11.5.5 Optimum Procurement Latest Developments
11.6 Corbus
11.6.1 Corbus Company Information
11.6.2 Corbus Procurement Outsourcing Services Product Offered
11.6.3 Corbus Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.6.4 Corbus Main Business Overview
11.6.5 Corbus Latest Developments
11.7 Wipro
11.7.1 Wipro Company Information
11.7.2 Wipro Procurement Outsourcing Services Product Offered
11.7.3 Wipro Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.7.4 Wipro Main Business Overview
11.7.5 Wipro Latest Developments
11.8 Infosys
11.8.1 Infosys Company Information
11.8.2 Infosys Procurement Outsourcing Services Product Offered
11.8.3 Infosys Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.8.4 Infosys Main Business Overview
11.8.5 Infosys Latest Developments
11.9 HCL Technologies
11.9.1 HCL Technologies Company Information
11.9.2 HCL Technologies Procurement Outsourcing Services Product Offered
11.9.3 HCL Technologies Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.9.4 HCL Technologies Main Business Overview
11.9.5 HCL Technologies Latest Developments
11.10 WNS
11.10.1 WNS Company Information
11.10.2 WNS Procurement Outsourcing Services Product Offered
11.10.3 WNS Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.10.4 WNS Main Business Overview
11.10.5 WNS Latest Developments
11.11 IBM Corporation
11.11.1 IBM Corporation Company Information
11.11.2 IBM Corporation Procurement Outsourcing Services Product Offered
11.11.3 IBM Corporation Procurement Outsourcing Services Revenue, Gross Margin and Market Share (2019-2024)
11.11.4 IBM Corporation Main Business Overview
11.11.5 IBM Corporation Latest Developments
12 Research Findings and Conclusion

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