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Global Procurement as a Service Market

: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2014-2018 and Forecast 2019-2025

Global Procurement as a Service Market: By Component (Category Management, Strategic Sourcing, Spend Management, Process Management, Contract Management and Transactions Management), By Organization Size (Small and Medium-Sized Enterprises  and Large Enterprises), By End User (BFSI, Energy and Utilities, Manufacturing, Retail and Consumer Packaged Goods, IT and Telecom, Travel and Hospitality, Healthcare and Others), and By Geography

 

Global Procurement as a Service Market

 

 

Global Procurement as a Service Market Report Description:

Global procurement as a service market report gives comprehensive outlook on procurement as a service across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global procurement as a service market gives historical, current, and future market sizes (US$ Mn) on the basis of component, organization size, end user and region. This report studies global procurement as a service market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global procurement as a service market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global procurement as a service market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities). Key stakeholders of the global procurement as a service market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global procurement as a service products.

 

Global Procurement as a Service Market:

The global procurement as a service market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Some of the key factors boosting the market growth include rising need for procurement processes solutions among enterprises. However, factors such as rising integrity issues along with increasing data security and privacy concerns are expected to hamper the market in the long term.

 

Growing Demand among Enterprises to Streamline the Procurement Processes

Enterprises are expanding their operations globally to increase their customer base. Procurement has a major role to play in improving the supply chain transparency, accessing supplier innovation, and delivering enterprise-wide cost reduction. The procurement as a service model not only offers flexibility and cost reduction but also offers subject matter expertise to enterprises. Procurement as a service is the way things are headed because this delivery model puts companies in better control. It will potentially make it easier for organizations to handle strategic procurement. Procurement as a profession continues to grow, but only large organizations can afford to invest in all the capabilities procurement has to offer.

 

North America Accounts for Larger Market Revenue Share in Global Procurement as a Service Market

 North America accounted for larger revenue share in global procurement as a service market with considerable CAGR. North America is one of the fastest growing regions due to the presence of strong market players and also it is considered to be the early adopter of new technologies. The business enterprises in North America are focusing on enhancing procurement operations which in turn drives the growth of the market.

 

Competition Assessment

Key player’s profiles in the global procurement as a service market include:

  • WNS
  • Wipro
  • Proxima
  • Infosys
  • IBM
  • GEP
  • Genpact
  • Capgemini
  • CA Technologies
  • Accenture

Global procurement as a service market is surging owing to frequent acquisitions and launchings by the market players. For instance in 2018, Accenture acquired Intrigo Systems, a provider of advisory and systems integration services for SAP enterprise and cloud solutions in eCommerce, supply chain, and procurement. The acquisition strengthens Accenture’s competencies in delivering enterprises with supply chain and procurement transformations

 

Key Findings of the Report:

 

  • Global procurement as a service market expanding at significant CAGR over 2019 to 2025 owing to high adoption of analytics solutions to improve the procurement process
  • Based on organization size, large enterprises segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global procurement as a service market

 

Key Features of the Report:

 

  • The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Component

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

 

By Organization Size 

  • Small and Medium-Sized Enterprises
  • Large Enterprises

 

By End User

  • BFSI
  • Energy and Utilities
  • Manufacturing
  • Retail and Consumer Packaged Goods
  • IT and Telecom
  • Travel and Hospitality
  • Healthcare
  • Others

 

By Geography

North America

  • US
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa (MEA)

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA

 

Table of Content

  1. Executive Summary
  2. Global Procurement as a Service Market Introduction
    • Global Procurement as a Service Market – Taxonomy
    • Global Procurement as a Service Market –Definitions
      • Component
      • Organization Size
      • End-User
  1. Global Procurement as a Service Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Procurement as a Service Market Dynamic Factors – Impact Analysis
    • Global Procurement as a Service Market – Competition Landscape
  2. Global Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025
    • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Procurement as a Service Market, By Component, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Category Management 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Strategic Sourcing  
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Spend Management
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Process Management
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Contract Management 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Transactions Management 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Procurement as a Service Market, By Organization Size, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Small and Medium-Sized Enterprises   
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Large Enterprises   
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Procurement as a Service Market, By End-User, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • BFSI
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Energy and Utilities 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Manufacturing 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Retail and Consumer Packaged Goods  
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • IT and Telecom  
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Travel and Hospitality 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Healthcare 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others 
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Procurement as a Service Market Forecast, By Region, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Region, 2019 – 2025
  2. North America Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Category Management  
      • Strategic Sourcing  
      • Spend Management
      • Process Management
      • Contract Management 
      • Transactions Management
    • Organization Size Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Small and Medium-Sized Enterprises 
      • Large Enterprises  
    • End-User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • BFSI 
      • Energy and Utilities
      • Manufacturing 
      • Retail and Consumer Packaged Goods
      • IT and Telecom
      • Travel and Hospitality 
      • Healthcare 
      • Others 
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • US.
      • Canada
    • North America Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Country, 2019 – 2025
    • North America Procurement as a Service Market Dynamics – Trends
  3. Europe Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Category Management  
      • Strategic Sourcing  
      • Spend Management
      • Process Management
      • Contract Management 
      • Transactions Management
    • Organization Size Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Small and Medium-Sized Enterprises 
      • Large Enterprises  
    • End-User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • BFSI 
      • Energy and Utilities
      • Manufacturing 
      • Retail and Consumer Packaged Goods
      • IT and Telecom
      • Travel and Hospitality 
      • Healthcare 
      • Others 
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Poland
      • Rest of Europe
    • Europe Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Country, 2019 – 2025
    • Europe Procurement as a Service Market Dynamics – Trends
  4. Asia-Pacific Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Category Management  
      • Strategic Sourcing  
      • Spend Management
      • Process Management
      • Contract Management 
      • Transactions Management
    • Organization Size Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Small and Medium-Sized Enterprises 
      • Large Enterprises  
    • End-User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • BFSI 
      • Energy and Utilities
      • Manufacturing 
      • Retail and Consumer Packaged Goods
      • IT and Telecom
      • Travel and Hospitality 
      • Healthcare 
      • Others 
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Country, 2019 – 2025
    • Asia-Pacific Procurement as a Service Market Dynamics – Trends
  5. Latin America Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Category Management  
      • Strategic Sourcing  
      • Spend Management
      • Process Management
      • Contract Management 
      • Transactions Management
    • Organization Size Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Small and Medium-Sized Enterprises 
      • Large Enterprises  
    • End-User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • BFSI 
      • Energy and Utilities
      • Manufacturing 
      • Retail and Consumer Packaged Goods
      • IT and Telecom
      • Travel and Hospitality 
      • Healthcare 
      • Others 
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Country, 2019 – 2025
    • Latin America Procurement as a Service Market Dynamics – Trends
  6. Middle East and Africa Procurement as a Service Market Analysis, 2014 – 2018 and Forecast, 2019 – 2025 (Revenue, USD Mn)
    • Component Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Category Management  
      • Strategic Sourcing  
      • Spend Management
      • Process Management
      • Contract Management 
      • Transactions Management
    • Organization Size Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Small and Medium-Sized Enterprises 
      • Large Enterprises  
    • End-User Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • BFSI 
      • Energy and Utilities
      • Manufacturing 
      • Retail and Consumer Packaged Goods
      • IT and Telecom
      • Travel and Hospitality 
      • Healthcare 
      • Others 
    • Country Analysis 2014 – 2018 and Forecast 2019 – 2025 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Procurement as a Service Market – Opportunity Analysis Index, By Component, Application, Component and Country, 2019 – 2025
    • MEA Procurement as a Service Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Component & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
      • WNS 
      • Wipro
      • Proxima 
      • Infosys 
      • IBM 
      • GEP 
      • Genpact 
      • Capgemini 
      • CA Technologies
      • Accenture 
  1. Research Methodology
  2. Key Assumptions and Acronyms
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