Procurement as a service Market Size, Share, Value, and Competitive Landscape 2025

Market Research Engine has published a new report titled as “Procurement as a service Market Size By Vertical (Travel and Hospitality, Healthcare, Manufacturing, Retail and Consumer Packaged Goods, Banking, Financial Services, and Insurance, IT and Telecom, Energy and Utilities), By Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), By Component (Transactions Management, Contract Management, Process Management, Category Management, Spend Management, Strategic Sourcing), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2020-2025”.

Browse Full Report from Here:https://www.marketresearchengine.com/procurement-as-a-service-market

The Global Procurement as a service Market is expected to grow by 2025 at a CAGR of 8.28%.

An increasing need for improving procurement function, including growing penetration of progressive technologies across different industry verticals, is predicted to spice up the market development. During a highly competitive environment, supply chains round the world are modernizing processes to make sure productivity and enhance business operations. Because the supply chain may be a core component within the manufacturing sector, it is predicted to drive high demand for procurement as a service function to take care of market competitiveness. The awareness about the procurement process among organizations has increased over the past years. With the arrival of customized offerings, service providers are making continuous efforts to shift their business offerings to the “as-a-service” model. As consumers become more conscious of advanced procurement functions in their respective business, they are anticipated to seem for providers that provide robust procurement service model. Procurement technology vendors like Tradeshift and SAP are building individual suppliers network, procure-to-pay, and e-procurement solutions. Thus, consumers can swiftly deploy e-procurement solutions and gain benefits by reducing time to plug the products. Procurement as a service may be a delegated procurement model that comes with technology, employees, and knowledge to manage a neighborhood, if not all, of the procurement function of your organization. The rising need of cost-reducing, and streamline procurement service is predicted to dominate the worldwide procurement as a service market within the forecast period. North America is predicted to dominate the worldwide market within the forthcoming period.

FYI, You will get latest updated report as per the COVID-19 Impact on this industry. Our updated reports will now feature detailed analysis that will help you make critical decisions.

The global Procurement as a service market is segregated on the basis of Vertical as Travel and Hospitality, Healthcare, Manufacturing, Retail and Consumer Packaged Goods, Banking, Financial Services, and Insurance, IT and Telecom, Energy and Utilities, and Others. Based on Organization Size the global Procurement as a service market is segmented in Small and Medium-Sized Enterprises and Large Enterprises. Based on Component the global Procurement as a service market is segmented in Transactions Management, Contract Management, Process Management, Category Management, Spend Management, and Strategic Sourcing.

The global Procurement as a service market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Procurement as a service market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Procurement as a service industry trends
  • Find complete analysis on the market status
  • Identify the Procurement as a service market opportunities and growth segments
  • Analyse competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

TCS, Xchanging, Aegis, Corbus, CA Technologies, Accenture, Infosys, GEP, Genpact, Proxima, and others are among the major players in the global Procurement as a service market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Procurement as a service Market has been segmented as below:

Procurement as a service Market, By Vertical

  • Travel and Hospitality
  • Healthcare
  • Manufacturing
  • Retail and Consumer Packaged Goods
  • Banking, Financial Services, and Insurance
  • IT and Telecom
  • Energy and Utilities
  • Others

Procurement as a service Market, By Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

Procurement as a service Market, By Component

  • Transactions Management
  • Contract Management
  • Process Management
  • Category Management
  • Spend Management
  • Strategic Sourcing

Procurement as a service Market, By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Procurement as a service Market, By Company

  • TCS
  • Xchanging
  • Aegis
  • Corbus
  • CA Technologies
  • Accenture
  • Infosys
  • GEP
  • Genpact
  • Proxima

The report covers:

  • Global Procurement as a service market sizes from 2015 to 2024, along with CAGR for 2018-2024
  • Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
  • Global Procurement as a service market trends, covering comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Procurement as a service market
  • Major market opportunities and challenges in forecast timeframe to be focused
  • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
  • Comprehensive company profiles of the key industry players

Report Scope:

The global Procurement as a service market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Procurement as a service market share. Major industry players with significant revenue share include TCS, Xchanging, Aegis, Corbus, CA Technologies, Accenture, Infosys, GEP, Genpact, Proxima, and others.

Customization

Customized report as per the requirement can be offered with appropriate recommendations

Request Sample Report from here:https://www.marketresearchengine.com/procurement-as-a-service-market

Table of Content

  1. Introduction
    1.1 Key Insights
    1.2 Report Overview
    1.3 Markets Covered
    1.4 Stakeholders
    2. Research Methodology
    2.1 Research Scope
    2.2 Market Research Process
    2.3 Research Data Analysis
    2.4.1 Secondary Research
    2.4.2 Primary Research
    2.4.3 Models for Estimation
    2.5 Market Size Estimation
    2.5.1 Bottom-Up Approach – Segmental Market Analysis
    2.5.2 Top-Down Approach – Parent Market Analysis
    3. Executive Summary
    4. Market Overview
    4.1 Introduction
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.2.4 Challenges
    4.2 Porter’s Five Force Analysis
    5. Procurement as a service Market, By Vertical
    5.1 Introduction
    5.2 Travel and Hospitality
    5.2.1 Market Overview
    5.2.2 Market Size and Forecast
    5.3 Healthcare
    5.3.1 Market Overview
    5.3.2 Market Size and Forecast
    5.4 Manufacturing
    5.4.1 Market Overview
    5.4.2 Market Size and Forecast
    5.5 Retail and Consumer Packaged Goods
    5.5.1 Market Overview
    5.5.2 Market Size and Forecast
    5.6 Banking, Financial Services, and Insurance
    5.6.1 Market Overview
    5.6.2 Market Size and Forecast
    5.7 IT and Telecom
    5.7.1 Market Overview
    5.7.2 Market Size and Forecast
    5.8 Energy and Utilities
    5.8.1 Market Overview
    5.8.2 Market Size and Forecast
    5.9 Others
    5.9.1 Market Overview
    5.9.2 Market Size and Forecast
    6. Procurement as a service Market, By Organization Size
    6.1 Introduction
    6.2 Small and Medium-Sized Enterprises
    6.2.1 Market Overview
    6.2.2 Market Size and Forecast
    6.3 Large Enterprises
    6.3.1 Market Overview
    6.3.2 Market Size and Forecast
    7. Procurement as a service Market, By Component
    7.1 Introduction
    7.2 Transactions Management
    7.2.1 Market Overview
    7.2.2 Market Size and Forecast
    7.3 Contract Management
    7.3.1 Market Overview
    7.3.2 Market Size and Forecast
    7.4 Process Management
    7.4.1 Market Overview
    7.4.2 Market Size and Forecast
    7.5 Category Management
    7.5.1 Market Overview
    7.5.2 Market Size and Forecast
    7.6 Spend Management
    7.6.1 Market Overview
    7.6.2 Market Size and Forecast
    7.7 Strategic Sourcing
    7.7.1 Market Overview
    7.7.2 Market Size and Forecast
    8. Procurement as a service Market, By Geography
    8.1 Introduction
    8.2 North America
    8.2.1 North America Procurement as a service, By Vertical
    8.2.2 North America Procurement as a service, By Organization Size
    8.2.3 North America Procurement as a service, By Component
    8.3 Europe
    8.3.1 Europe Procurement as a service, By Vertical
    8.3.2 Europe Procurement as a service, By Organization Size
    8.3.3 Europe Procurement as a service, By Component
    8.4 Asia-Pacific
    8.4.1 Asia-Pacific Procurement as a service, By Vertical
    8.4.2 Asia-Pacific Procurement as a service, By Organization Size
    8.4.3 Asia-Pacific Procurement as a service, By Component
    8.5 Rest of the World
    8.5.1 Rest of the World Procurement as a service, By Vertical
    8.5.2 Rest of the World Procurement as a service, By Organization Size
    8.5.3 Rest of the World Procurement as a service, By Component
    9. Competitive Insights
    9.1 Key Insights
    9.2 Company Market Share Analysis
    9.3 Strategic Outlook
    9.3.1 Mergers & Acquisitions
    9.3.2 New Product Development
    9.3.3 Portfolio/Production Capacity Expansions
    9.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
    9.3.5 Others
    10. Company Profiles
    10.1 TCS
    10.1.1 Company Overview
    10.1.2 Product/Service Landscape
    10.1.3 Financial Overview
    10.1.4 Recent Developments
    10.2 Xchanging
    10.2.1 Company Overview
    10.2.2 Product/Service Landscape
    10.2.3 Financial Overview
    10.2.4 Recent Developments
    10.3 Aegis
    10.3.1 Company Overview
    10.3.2 Product/Service Landscape
    10.3.3 Financial Overview
    10.3.4 Recent Developments
    10.4 Corbus
    10.4.1 Company Overview
    10.4.2 Product/Service Landscape
    10.4.3 Financial Overview
    10.4.4 Recent Developments
    10.5 CA Technologies
    10.5.1 Company Overview
    10.5.2 Product/Service Landscape
    10.5.3 Financial Overview
    10.5.4 Recent Developments
    10.6 Accenture
    10.6.1 Company Overview
    10.6.2 Product/Service Landscape
    10.6.3 Financial Overview
    10.6.4 Recent Developments
    10.7 Infosys
    10.7.1 Company Overview
    10.7.2 Product/Service Landscape
    10.7.3 Financial Overview
    10.7.4 Recent Developments
    10.8 GEP
    10.8.1 Company Overview
    10.8.2 Product/Service Landscape
    10.8.3 Financial Overview
    10.8.4 Recent Developments
    10.9 Genpact
    10.9.1 Company Overview
    10.9.2 Product/Service Landscape
    10.9.3 Financial Overview
    10.9.4 Recent Developments
    10.10 Proxima
    10.10.1 Company Overview
    10.10.2 Product/Service Landscape
    10.10.3 Financial Overview
    10.10.4 Recent Developments
    10.11 WNS
    10.11.1 Company Overview
    10.11.2 Product/Service Landscape
    10.11.3 Financial Overview
    10.11.4 Recent Developments
    10.12 Capgemini
    10.12.1 Company Overview
    10.12.2 Product/Service Landscape
    10.12.3 Financial Overview
    10.12.4 Recent Developments
    10.13 IBM

    10.13.1 Company Overview
    10.13.2 Product/Service Landscape
    10.13.3 Financial Overview
    10.13.4 Recent Developments
    10.14 Wipro
    10.14.1 Company Overview
    10.14.2 Product/Service Landscape
    10.14.3 Financial Overview
    10.14.4 Recent Developments
    10.15 HCL
    10.15.1 Company Overview
    10.15.2 Product/Service Landscape
    10.15.3 Financial Overview
    10.15.4 Recent Developments

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

Media Contact

Company Name: Market Research Engine

Contact Person: John Bay

Email: [email protected]

Phone: +1-855-984-1862

Country: United States

Website: https://www.marketresearchengine.com/

 

Related Articles

Stay Connected

0FansLike
2,996FollowersFollow
0SubscribersSubscribe
- Advertisement -spot_img

Latest Articles