
Procurement Outsourcing Services Market by Services (Business Process Outsourcing Services, Consulting Services), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance) - Global Forecast 2024-2030
Description
Procurement Outsourcing Services Market by Services (Business Process Outsourcing Services, Consulting Services), Industry (Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance) - Global Forecast 2024-2030
The Procurement Outsourcing Services Market size was estimated at USD 3.48 billion in 2023 and expected to reach USD 3.96 billion in 2024, at a CAGR 14.12% to reach USD 8.79 billion by 2030.
Global Procurement Outsourcing Services Market
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Procurement Outsourcing Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Procurement Outsourcing Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Procurement Outsourcing Services Market, highlighting leading vendors and their innovative profiles. These include Accenture PLC, Aquanima Group, Capgemini SE, Conduent, Inc., Corbus, LLC, DXC Technology Company, Genpact, GEP Worldwide, HCL Technologies Limited, Hewlett Packard Enterprise Development LP, Hexaware Technologies Limited, International Business Machines Corporation, TTEC Holdings, Inc., Wipro Limited, and WNS Global Services Private Limited.
Market Segmentation & Coverage
This research report categorizes the Procurement Outsourcing Services Market to forecast the revenues and analyze trends in each of the following sub-markets:
Services
Business Process Outsourcing Services
Category Management
Procure to Pay
Procurement Management
Source Management
Supplier Management
Consulting Services
Industry
Aerospace & Defense
Automotive & Transportation
Banking, Financial Services & Insurance
Building, Construction & Real Estate
Consumer Goods & Retail
Education
Energy & Utilities
Government & Public Sector
Healthcare & Life Sciences
Information Technology
Manufacturing
Media & Entertainment
Telecommunication
Travel & Hospitality
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom
The report offers valuable insights on the following aspects:
1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:
1. What is the market size and forecast of the Procurement Outsourcing Services Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Procurement Outsourcing Services Market?
3. What are the technology trends and regulatory frameworks in the Procurement Outsourcing Services Market?
4. What is the market share of the leading vendors in the Procurement Outsourcing Services Market?
5. Which modes and strategic moves are suitable for entering the Procurement Outsourcing Services Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
181 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Procurement Outsourcing Services Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing adoption of IT solutions
- 5.1.1.2. Expanding demand of procurement outsourcing services from manufacturing and financial industry
- 5.1.1.3. Increasing adoption of procurement outsourcing services among various enterprises
- 5.1.2. Restraints
- 5.1.2.1. Risk associated with outsourcing services along with complexities related to category management
- 5.1.3. Opportunities
- 5.1.3.1. Technological development and advancement in procurement outsourcing services
- 5.1.3.2. Growing need for improving procurement function, coupled with increasing penetration of advanced technologies
- 5.1.4. Challenges
- 5.1.4.1. Data security and privacy issues
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Procurement Outsourcing Services Market, by Services
- 6.1. Introduction
- 6.2. Business Process Outsourcing Services
- 6.3.1. Category Management
- 6.3.2. Procure to Pay
- 6.3.3. Procurement Management
- 6.3.4. Source Management
- 6.3.5. Supplier Management
- 6.3. Consulting Services
- 7. Procurement Outsourcing Services Market, by Industry
- 7.1. Introduction
- 7.2. Aerospace & Defense
- 7.3. Automotive & Transportation
- 7.4. Banking, Financial Services & Insurance
- 7.5. Building, Construction & Real Estate
- 7.6. Consumer Goods & Retail
- 7.7. Education
- 7.8. Energy & Utilities
- 7.9. Government & Public Sector
- 7.10. Healthcare & Life Sciences
- 7.11. Information Technology
- 7.12. Manufacturing
- 7.13. Media & Entertainment
- 7.14. Telecommunication
- 7.15. Travel & Hospitality
- 8. Americas Procurement Outsourcing Services Market
- 8.1. Introduction
- 8.2. Argentina
- 8.3. Brazil
- 8.4. Canada
- 8.5. Mexico
- 8.6. United States
- 9. Asia-Pacific Procurement Outsourcing Services Market
- 9.1. Introduction
- 9.2. Australia
- 9.3. China
- 9.4. India
- 9.5. Indonesia
- 9.6. Japan
- 9.7. Malaysia
- 9.8. Philippines
- 9.9. Singapore
- 9.10. South Korea
- 9.11. Taiwan
- 9.12. Thailand
- 9.13. Vietnam
- 10. Europe, Middle East & Africa Procurement Outsourcing Services Market
- 10.1. Introduction
- 10.2. Denmark
- 10.3. Egypt
- 10.4. Finland
- 10.5. France
- 10.6. Germany
- 10.7. Israel
- 10.8. Italy
- 10.9. Netherlands
- 10.10. Nigeria
- 10.11. Norway
- 10.12. Poland
- 10.13. Qatar
- 10.14. Russia
- 10.15. Saudi Arabia
- 10.16. South Africa
- 10.17. Spain
- 10.18. Sweden
- 10.19. Switzerland
- 10.20. Turkey
- 10.21. United Arab Emirates
- 10.22. United Kingdom
- 11. Competitive Landscape
- 11.1. FPNV Positioning Matrix
- 11.2. Market Share Analysis, By Key Player
- 11.3. Competitive Scenario Analysis, By Key Player
- 12. Competitive Portfolio
- 12.1. Key Company Profiles
- 12.1.1. Accenture PLC
- 12.1.2. Aquanima Group
- 12.1.3. Capgemini SE
- 12.1.4. Conduent, Inc.
- 12.1.5. Corbus, LLC
- 12.1.6. DXC Technology Company
- 12.1.7. Genpact
- 12.1.8. GEP Worldwide
- 12.1.9. HCL Technologies Limited
- 12.1.10. Hewlett Packard Enterprise Development LP
- 12.1.11. Hexaware Technologies Limited
- 12.1.12. International Business Machines Corporation
- 12.1.13. TTEC Holdings, Inc.
- 12.1.14. Wipro Limited
- 12.1.15. WNS Global Services Private Limited
- 12.2. Key Product Portfolio
- 13. Appendix
- 13.1. Discussion Guide
- 13.2. License & Pricing
- FIGURE 1. PROCUREMENT OUTSOURCING SERVICES MARKET RESEARCH PROCESS
- FIGURE 2. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, 2023 VS 2030
- FIGURE 3. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. PROCUREMENT OUTSOURCING SERVICES MARKET DYNAMICS
- FIGURE 7. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY SERVICES, 2023 VS 2030 (%)
- FIGURE 8. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY SERVICES, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY INDUSTRY, 2023 VS 2030 (%)
- FIGURE 10. PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AMERICAS PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 12. AMERICAS PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. UNITED STATES PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 14. UNITED STATES PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. ASIA-PACIFIC PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. ASIA-PACIFIC PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. EUROPE, MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 18. EUROPE, MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING SERVICES MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. PROCUREMENT OUTSOURCING SERVICES MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 20. PROCUREMENT OUTSOURCING SERVICES MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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