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The publisher has been monitoring the procurement outsourcing market and it is poised to grow by $ 5.03 bn during 2021-2025, progressing at a CAGR of over 15% during the forecast period. The report on procurement outsourcing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to adhere to regulatory guidelines and ensure compliance and need to outsource indirect procurement function.
The procurement outsourcing market analysis includes end-user segment and geographic landscape.
The procurement outsourcing market is segmented as below:
By End-user
- BFSI
- Manufacturing
- Retail
- IT and Telecom
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- MEA
This study identifies the access to external expertise with advantage of cost reduction as one of the prime reasons driving the procurement outsourcing market growth during the next few years.
The report on procurement outsourcing market covers the following areas:
- Procurement outsourcing market sizing
- Procurement outsourcing market forecast
- Procurement outsourcing market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading procurement outsourcing market vendors that include Accenture Plc, Aegis One Consults Ltd., Capgemini SE, CGI Inc., DXC Technology Co., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., and NB Ventures Inc. Also, the procurement outsourcing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary- Market overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End-user
- BFSI - Market size and forecast 2020-2025
- Manufacturing - Market size and forecast 2020-2025
- Retail - Market size and forecast 2020-2025
- IT and telecom - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by End-user
Market Segmentation by Industry type
- Market segments
- Comparison by Industry type
- Large enterprises - Market size and forecast 2020-2025
- SMEs - Market size and forecast 2020-2025
- Market opportunity by Industry type
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- APAC - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity By Geographical Landscape
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Accenture Plc
- Aegis One Consults Ltd.
- Capgemini SE
- CGI Inc.
- DXC Technology Co.
- Genpact Ltd.
- HCL Technologies Ltd.
- Infosys Ltd.
- International Business Machines Corp.
- NB Ventures Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
List of Exhibits
- Key Finding 1
- Key Finding 2
- Key Finding 3
- Key Finding 5
- Key Finding 6
- Key Finding 7
- Key Finding 8
- Key Finding 9
- Parent market
- Market characteristics
- Offerings of vendors included in the market definition
- Market segments
- Global - Market size and forecast 2020 - 2025 ($ million)
- Global market: Year-over-year growth 2020 - 2025 (%)
- Five forces analysis 2020 & 2025
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition - Five forces 2020
- End-user - Market share 2020-2025 (%)
- Comparison by End-user
- BFSI - Market size and forecast 2020-2025 ($ million)
- BFSI - Year-over-year growth 2020-2025 (%)
- Manufacturing - Market size and forecast 2020-2025 ($ million)
- Manufacturing - Year-over-year growth 2020-2025 (%)
- Retail - Market size and forecast 2020-2025 ($ million)
- Retail - Year-over-year growth 2020-2025 (%)
- IT and telecom - Market size and forecast 2020-2025 ($ million)
- IT and telecom - Year-over-year growth 2020-2025 (%)
- Others - Market size and forecast 2020-2025 ($ million)
- Others - Year-over-year growth 2020-2025 (%)
- Market opportunity by End-user
- Industry type - Market share 2020-2025 (%)
- Comparison by Industry type
- Large enterprises - Market size and forecast 2020-2025 ($ million)
- Large enterprises - Year-over-year growth 2020-2025 (%)
- SMEs - Market size and forecast 2020-2025 ($ million)
- SMEs - Year-over-year growth 2020-2025 (%)
- Market opportunity by Industry type
- Customer landscape
- Market share By Geographical Landscape 2020-2025 (%)
- Geographic comparison
- North America - Market size and forecast 2020-2025 ($ million)
- North America - Year-over-year growth 2020-2025 (%)
- Europe - Market size and forecast 2020-2025 ($ million)
- Europe - Year-over-year growth 2020-2025 (%)
- APAC - Market size and forecast 2020-2025 ($ million)
- APAC - Year-over-year growth 2020-2025 (%)
- South America - Market size and forecast 2020-2025 ($ million)
- South America - Year-over-year growth 2020-2025 (%)
- MEA - Market size and forecast 2020-2025 ($ million)
- MEA - Year-over-year growth 2020-2025 (%)
- Key leading countries
- Market opportunity By Geographical Landscape ($ million)
- Impact of drivers and challenges
- Vendor landscape
- Landscape disruption
- Industry risks
- Vendors covered
- Market positioning of vendors
- Accenture Plc - Overview
- Accenture Plc - Business segments
- Accenture Plc - Key offerings
- Accenture Plc - Key customers
- Accenture Plc - Segment focus
- Aegis One Consults Ltd. - Overview
- Aegis One Consults Ltd. - Product and service
- Aegis One Consults Ltd. - Key offerings
- Aegis One Consults Ltd. - Key customers
- Aegis One Consults Ltd. - Segment focus
- Capgemini SE - Overview
- Capgemini SE - Business segments
- Capgemini SE - Key offerings
- Capgemini SE - Key customers
- Capgemini SE - Segment focus
- CGI Inc. - Overview
- CGI Inc. - Business segments
- CGI Inc. - Key offerings
- CGI Inc. - Key customers
- CGI Inc. - Segment focus
- DXC Technology Co. - Overview
- DXC Technology Co. - Business segments
- DXC Technology Co. - Key offerings
- DXC Technology Co. - Key customers
- DXC Technology Co. - Segment focus
- Genpact Ltd. - Overview
- Genpact Ltd. - Business segments
- Genpact Ltd. - Key offerings
- Genpact Ltd. - Key customers
- Genpact Ltd. - Segment focus
- HCL Technologies Ltd. - Overview
- HCL Technologies Ltd. - Business segments
- HCL Technologies Ltd. - Key offerings
- HCL Technologies Ltd. - Key customers
- HCL Technologies Ltd. - Segment focus
- Infosys Ltd. - Overview
- Infosys Ltd. - Business segments
- Infosys Ltd. - Key offerings
- Infosys Ltd. - Key customers
- Infosys Ltd. - Segment focus
- International Business Machines Corp. - Overview
- International Business Machines Corp. - Business segments
- International Business Machines Corp. - Key offerings
- International Business Machines Corp. - Key customers
- International Business Machines Corp. - Segment focus
- NB Ventures Inc. - Overview
- NB Ventures Inc. - Product and service
- NB Ventures Inc. - Key offerings
- NB Ventures Inc. - Key customers
- NB Ventures Inc. - Segment focus
- Currency conversion rates for US$
- Research Methodology
- Validation techniques employed for market sizing
- Information sources
- List of abbreviations
Executive Summary
The publisher recognizes the following companies as the key players in the global procurement outsourcing market: Accenture Plc, Aegis One Consults Ltd., Capgemini SE, CGI Inc., DXC Technology Co., Genpact Ltd., HCL Technologies Ltd., Infosys Ltd., International Business Machines Corp., and NB Ventures Inc.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the access to external expertise with advantage of cost reduction.`
According to the report, one of the major drivers for this market is the need to adhere to regulatory guidelines and ensure compliance.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Accenture Plc
- Aegis One Consults Ltd.
- Capgemini SE
- CGI Inc.
- DXC Technology Co.
- Genpact Ltd.
- HCL Technologies Ltd.
- Infosys Ltd.
- International Business Machines Corp.
- NB Ventures Inc.
