Global Procurement As A Service Market Research Report 2021-2025
Procurement as a service is an outsourced procurement model that combines technology, staff, and expertise to handle various procurement functions of the organization. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Procurement as a Service Report by Material, Application, and Geography Global Forecast to 2025 is a professional and comprehensive research report on the worlds major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).
In this report, the global Procurement as a Service market is valued at USD 5.4 billion in 2021 and is projected to reach USD 7.8 billion by the end of 2025, growing at a CAGR of 7.6% during the period 2021 to 2025.
The report firstly introduced the Procurement as a Service basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the worlds main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.
The major players profiled in this report include:.
· Accenture
· Infosys
· GEP
· Genpact
· Proxima
· WNS
· Capgemini
· IBM
· Wipro
· HCL
· TCS
· Xchanging
· Aegis
The end users/applications and product categories analysis:
On the basis of product, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into-
· Strategic Sourcing
· Spend Management
· Category Management
· Process Management
· Contract Management
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate of Procurement as a Service for each application, including-
· Manufacturing
· Retail and Consumer Packaged Goods
· BFSI
· IT and Telecom
· Energy and Utilities
· Travel and Hospitality
· Healthcare
Reasons to Purchase Our Research Report:
· Analyzing the outlook of the market with the recent trends and SWOT analysis
· Market dynamics scenario, along with growth opportunities of the market in the years to come
· Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
· Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
· Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
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Table of content
Part I Procurement as a Service Industry Overview
Chapter One Procurement as a Service Industry Overview
1.1 Procurement as a Service Definition
1.2 Procurement as a Service Classification Analysis
1.2.1 Procurement as a Service Main Classification Analysis
1.2.2 Procurement as a Service Main Classification Share Analysis
1.3 Procurement as a Service Application Analysis
1.3.1 Procurement as a Service Main Application Analysis
1.3.2 Procurement as a Service Main Application Share Analysis
1.4 Procurement as a Service Industry Chain Structure Analysis
1.5 Procurement as a Service Industry Development Overview
1.5.1 Procurement as a Service Product History Development Overview
1.5.1 Procurement as a Service Product Market Development Overview
1.6 Procurement as a Service Global Market Comparison Analysis
1.6.1 Procurement as a Service Global Import Market Analysis
1.6.2 Procurement as a Service Global Export Market Analysis
1.6.3 Procurement as a Service Global Main Region Market Analysis
1.6.4 Procurement as a Service Global Market Comparison Analysis
1.6.5 Procurement as a Service Global Market Development Trend Analysis
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Procurement as a Service MarketThe global procurement service market is valued at USD 4.93 billion in 2018 and is rising at a CAGR of 8.9% with a forecast of USD 9 billion by 2025.All enterprises utilize procurement services and have traditionally managed them in-house.
The changing economic landscape with its emphasis on e-procurement, supply chain management, and efficient p2p systems has made it more cost-effective to outsource these services to businesses dedicated to providing procurement solutions.As this industry grows, it becomes more cost-effective for all businesses to avail procurement services and that is a big factor in this market’s growth.An excellent supporting infrastructure is provided by various IT companies who have expanded their profile to offer procurement services with the largest enterprises setting up their own procurement service units.MARKET USPAn increasing number of enterprises outsourcing all their procurement services related requirements to third-party vendors leading to rapid market growth.SEGMENTATIONBy Component1.
Strategic sourcing overlooks the collation of information pertinent to an organization to maximize its profitability.
It is utilized by all the industries across sectors.2.
Category management benefits businesses of all sizes and with its sphere of application encompassing virtually all industries, this segment is slated to grow.4.
Process Management: With an overarching aim to align and attune an organization’s entire machinery to the goals of the organization, process management is an excellent way for an enterprise to shape up and eliminate all wasteful procedures and ventures.
Procurement as a Service (PaaS) MarketThe global procurement service market is valued at USD 4.93 billion in 2018 and is rising at a CAGR of 8.9% with a forecast of USD 9 billion by 2025.
All enterprises utilize procurement services and have traditionally managed them in-house.
The changing economic landscape with its emphasis on e-procurement, supply chain management, and efficient p2p systems has made it more cost-effective to outsource these services to businesses dedicated to providing procurement solutions.FREE PDF@ https://www.marketresearchfuture.com/sample_request/8293As this industry grows, it becomes more cost-effective for all businesses to avail procurement services and that is a big factor in this market’s growth.
Strategic sourcing overlooks the collation of information pertinent to an organization to maximize its profitability.
It is utilized by all the industries across sectors.Spend Management: This is the fastest-growing segment.
Category management benefits businesses of all sizes and with its sphere of application encompassing virtually all industries, this segment is slated to grow.
OverviewThe procurement as a service market size is projected to grow at a CAGR of 8.9% during the forecast period.
As per the procurement as a service market research report, the global market for procurement as a service is projected to grow swiftly by US$9 billion by 2025.
Additionally, the market on the basis of vertical, is segmented into government & defense, healthcare, IT & telecom, manufacturing, retail, BFSI, and others.
However, according to the procurement as a service market research report, unique solutions for all business verticals along with dynamic economic landscape will propel growth throughout the forecast period.
The procurement as a service market research report provides an extensive understanding of the procurement as a service market based on the information and forecasts till 2025.Regional OverviewNorth America, Europe, Asia Pacific and the rest of the world regional market for procurement as a service are predominantly covered in the global procurement as a service market research report.
The procurement as a service market research report also covers regional markets from the rest of the world alongside procurement as a service markets of Africa and the Middle East.Complete Report Details @ https://www.marketresearchfuture.com/reports/procurement-service-market-8293Competitive LandscapeDemands across industry verticals and components are presumed to drive the procurement as a service market growth worldwide.
