Procurement Outsourcing Services Market Global Industry Analysis by Size, Demand, Future Trends, Challenges, Opportunities and Forecast to 2028
1. The Procurement Outsourcing Services Market Growth Globally at a rate of 14.25% in the forecast period 2021 to 2028.
2. The Procurement Outsourcing Services Market Scope and Size
- Procurement outsourcing services market is segmented on the basis of service type into business process outsourcing services and consulting services. Business process outsourcing services have further been segmented into category management, source management, procurement management, supplier management and procure to pay.
- The end user segment of the procurement outsourcing services market is segmented into banking, financial services, and insurance (BFSI), energy and utilities, healthcare, IT and telecom, professional services, manufacturing, retail, logistics and others. Energy and utilities have further been segmented into oil and gas, power generation and water. Healthcare has further been segmented into pharmaceuticals and biotechnology. Manufacturing has further been segmented into automotive, consumer goods, industrial and electronics. Others have further been segmented into defense and paper and pulp.
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3. Procurement Outsourcing Services Market Country Level Analysis
Procurement outsourcing services market is analyzed and market size, volume information is provided by country, service type and end user as referenced above.
The countries covered in the procurement outsourcing services market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
4. Market Analysis and Insights - Global Procurement Outsourcing Services Market
- Procurement outsourcing services is a procedure in which a company keeps an external service provider to supervise their purchase transactions and expenses. These services also help the companies lessen operational costs, improve savings on investments and progress businesses. Procurement outsourcing services also helps to allot important resources to work on strategic initiatives and managing important business activities.
- The increase in the need to adopt new IT solutions with modern consumer trends across the world is expected to influence the growth of procurement outsourcing services market over the forecast period of 2021 to 2028.
5. Procurement Outsourcing Services Market Share Analysis
The countries covered in the Procurement Outsourcing Services market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
6. Key Players Procurement Outsourcing Services Market
- Accenture
- Aegis One Consults Ltd.
- Alorica
- Capita plc
- Concentrix Corporation
- Conduent
- Genpact
- Hexaware Technologies Limited
- Tata Consultancy Services Limited
- Teleperformance
- Wipro Limited
- TTEC
- Corbus
- Infosys Limited
- IBM
7. Major Toc Of The Report
- Chapter One: Procurement Outsourcing Services Market Overview
- Chapter Two: Manufacturers Profiles
- Chapter Three: Competition, by Players
- Chapter Four: Global Procurement Outsourcing Services Market Size by Regions
- Chapter Five: North America Procurement Outsourcing Services Market Revenue by Countries
- Chapter Six: Europe Procurement Outsourcing Services Market Revenue by Countries
- Chapter Seven: Asia-Pacific Procurement Outsourcing Services Market Revenue by Countries
- Chapter Eight: South America Procurement Outsourcing Services Market Revenue by Countries
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8. Key Report Highlights
- Comprehensive pricing analysis based on different product types and regional segments
- Market size data in terms of revenue and sales volume
- Deep insights about regulatory and investment scenarios of the Procurement Outsourcing Services Market
- Analysis of market effect factors and their impact on the forecast and outlook of the Procurement Outsourcing Services Market
- The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Procurement Outsourcing Services Market
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