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Procurement Outsourcing Market By Component, Healthcare, IT & Telecommunication): Global Opportunity Analysis and Industry Forecast, 2024-2032

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    Report

  • 303 Pages
  • June 2024
  • Region: Global
  • Allied Market Research
  • ID: 5994104
The procurement outsourcing market was valued at $6.39 billion 2023 and is estimated to reach $16.11 billion by 2032, exhibiting a CAGR of 11.0% from 2024 to 2032.

Procurement outsourcing is the practice of assigning certain procurement responsibilities, including sourcing, category management, and transaction management, to a procurement BPO provider. This involves choosing an external third-party partner to manage and provide procurement services. Initially, procurement outsourcing only covered transactional purchase-to-pay processes, now businesses outsource complete category management of non-core spending areas to a third party. By adopting procurement outsourcing, companies streamline their workforce without major disruptions to their daily operations.

The expansion of the global procurement outsourcing sector is attributed to various factors, including rise in demand for enhanced efficiency & productivity and utilization of AI & ML. In recent time, procurement solutions utilizing AI algorithms are trending as they analyze supplier data, optimize sourcing strategies, and predict market trends, thereby revolutionizing the procurement dynamics with smart automation and data-driven insights.

However, loss of control and visibility poses a significant challenge for the procurement outsourcing market. When companies delegate their procurement processes to external providers, they lack direct supervision, leading to a range of concerns. These concerns encompass transparency, accountability, and alignment with organizational goals. Contrarily, surge in demand for strategic sourcing is expected to provide ample opportunities for market growth during the forecast period. Strategic sourcing involves a systematic and forward-thinking strategy for identifying, evaluating, and selecting suppliers to improve cost-efficiency, quality, and overall performance. For instance, in February 2024, Accenture acquired Insight Sourcing, a well-known strategic sourcing and procurement services provider. This acquisition is expected to broaden Accenture's offerings in sourcing and procurement services for private equity firms and the consumer goods, retail, technology, and industrial sectors.

Segmentation Overview

The procurement outsourcing market is segmented into component, deployment, organization size, industry vertical, and region. Depending on the component, the market is bifurcated into solution and services. According to deployment, it is segregated into on-premise and cloud. As per organization size, the market is divided into large enterprises and small and medium-sized enterprises. By industry vertical, it is classified into BFSI, healthcare, IT & telecommunication, and manufacturing. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Key Findings

By component, the solution segment acquired the highest market share in 2023.

Depending on deployment, the cloud segment held the largest share in the market in 2023.

According to organization size, the large enterprises segment has captured the major share in the market in 2023.

As per industry vertical, the BFSI segment held the largest market share in 2023.

Region wise, North America dominated the procurement outsourcing market in 2023.

Competitive Scenario

The major players operating in the procurement outsourcing market include Accenture, IBM Corporation, Infosys, Capgemini, Genpact, Wipro Limited, WNS, Corbus LLC, HCL Technologies Limited, and Tata Consultancy Services. These market players have adopted several strategies to maintain their foothold in the market, including mergers & acquisitions, collaborations, partnerships, new product development, and R&D.

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  • End user preferences and pain points
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  • Product Life Cycles
  • Senario Analysis & Growth Trend Comparision
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  • Technology Trend Analysis
  • Go To Market Strategy
  • Market share analysis of players by products/segments
  • Pain Point Analysis
  • Regulatory Guidelines
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  • Criss-cross segment analysis- market size and forecast
  • Expanded list for Company Profiles
  • Historic market data
  • Market share analysis of players at global/region/country level
  • SWOT Analysis

Key Market Segments

By Component

  • Solution
  • Service

By Deployment

  • On-premise
  • Cloud

By Organization Size

  • Small and Medium-sized Enterprises (SMEs)
  • Large Enterprises

By Industry Vertical

  • Banking Financial Services Insurance (BFSI)
  • Healthcare
  • IT Telecommunication

By Region

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Colombia
  • Rest of Latin America
  • Middle East Africa
  • Saudi Arabia
  • South Africa
  • UAE
  • Rest of Middle East Africa

Key Market Players

  • Accenture
  • IBM Corporation
  • Infosys
  • Capgemini
  • Genpact
  • Wipro Limited
  • WNS
  • HCL Technologies Limited
  • Tata Consultancy Services
  • GEP

 

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Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report Description
1.2. Key Market Segments
1.3. Key Benefits
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET LANDSCAPE
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter's Five Forces Analysis
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitutes
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among Buyers
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
CHAPTER 4: PROCUREMENT OUTSOURCING MARKET, BY COMPONENT
4.1. Market Overview
4.1.1 Market Size and Forecast, By Component
4.2. Solution
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, By Region
4.2.3. Market Share Analysis, By Country
4.3. Service
4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast, By Region
4.3.3. Market Share Analysis, By Country
CHAPTER 5: PROCUREMENT OUTSOURCING MARKET, BY DEPLOYMENT
5.1. Market Overview
5.1.1 Market Size and Forecast, By Deployment
5.2. On-premise
5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast, By Region
5.2.3. Market Share Analysis, By Country
5.3. Cloud
5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast, By Region
5.3.3. Market Share Analysis, By Country
CHAPTER 6: PROCUREMENT OUTSOURCING MARKET, BY ORGANIZATION SIZE
6.1. Market Overview
6.1.1 Market Size and Forecast, By Organization Size
6.2. Small And Medium-sized Enterprises (SMEs)
6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast, By Region
6.2.3. Market Share Analysis, By Country
6.3. Large Enterprises
6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast, By Region
6.3.3. Market Share Analysis, By Country
CHAPTER 7: PROCUREMENT OUTSOURCING MARKET, BY INDUSTRY VERTICAL
7.1. Market Overview
7.1.1 Market Size and Forecast, By Industry Vertical
7.2. Banking Financial Services Insurance (BFSI)
7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Size and Forecast, By Region
7.2.3. Market Share Analysis, By Country
7.3. Healthcare
7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Size and Forecast, By Region
7.3.3. Market Share Analysis, By Country
7.4. IT Telecommunication
7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Size and Forecast, By Region
7.4.3. Market Share Analysis, By Country
CHAPTER 8: PROCUREMENT OUTSOURCING MARKET, BY REGION
8.1. Market Overview
8.1.1 Market Size and Forecast, By Region
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. Market Size and Forecast, By Component
8.2.3. Market Size and Forecast, By Deployment
8.2.4. Market Size and Forecast, By Organization Size
8.2.5. Market Size and Forecast, By Industry Vertical
8.2.6. Market Size and Forecast, By Country
8.2.7. U.S. Procurement Outsourcing Market
8.2.7.1. Market Size and Forecast, By Component
8.2.7.2. Market Size and Forecast, By Deployment
8.2.7.3. Market Size and Forecast, By Organization Size
8.2.7.4. Market Size and Forecast, By Industry Vertical
8.2.8. Canada Procurement Outsourcing Market
8.2.8.1. Market Size and Forecast, By Component
8.2.8.2. Market Size and Forecast, By Deployment
8.2.8.3. Market Size and Forecast, By Organization Size
8.2.8.4. Market Size and Forecast, By Industry Vertical
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Market Size and Forecast, By Component
8.3.3. Market Size and Forecast, By Deployment
8.3.4. Market Size and Forecast, By Organization Size
8.3.5. Market Size and Forecast, By Industry Vertical
8.3.6. Market Size and Forecast, By Country
8.3.7. UK Procurement Outsourcing Market
8.3.7.1. Market Size and Forecast, By Component
8.3.7.2. Market Size and Forecast, By Deployment
8.3.7.3. Market Size and Forecast, By Organization Size
8.3.7.4. Market Size and Forecast, By Industry Vertical
8.3.8. Germany Procurement Outsourcing Market
8.3.8.1. Market Size and Forecast, By Component
8.3.8.2. Market Size and Forecast, By Deployment
8.3.8.3. Market Size and Forecast, By Organization Size
8.3.8.4. Market Size and Forecast, By Industry Vertical
8.3.9. France Procurement Outsourcing Market
8.3.9.1. Market Size and Forecast, By Component
8.3.9.2. Market Size and Forecast, By Deployment
8.3.9.3. Market Size and Forecast, By Organization Size
8.3.9.4. Market Size and Forecast, By Industry Vertical
8.3.10. Italy Procurement Outsourcing Market
8.3.10.1. Market Size and Forecast, By Component
8.3.10.2. Market Size and Forecast, By Deployment
8.3.10.3. Market Size and Forecast, By Organization Size
8.3.10.4. Market Size and Forecast, By Industry Vertical
8.3.11. Spain Procurement Outsourcing Market
8.3.11.1. Market Size and Forecast, By Component
8.3.11.2. Market Size and Forecast, By Deployment
8.3.11.3. Market Size and Forecast, By Organization Size
8.3.11.4. Market Size and Forecast, By Industry Vertical
8.3.12. Rest Of Europe Procurement Outsourcing Market
8.3.12.1. Market Size and Forecast, By Component
8.3.12.2. Market Size and Forecast, By Deployment
8.3.12.3. Market Size and Forecast, By Organization Size
8.3.12.4. Market Size and Forecast, By Industry Vertical
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Market Size and Forecast, By Component
8.4.3. Market Size and Forecast, By Deployment
8.4.4. Market Size and Forecast, By Organization Size
8.4.5. Market Size and Forecast, By Industry Vertical
8.4.6. Market Size and Forecast, By Country
8.4.7. China Procurement Outsourcing Market
8.4.7.1. Market Size and Forecast, By Component
8.4.7.2. Market Size and Forecast, By Deployment
8.4.7.3. Market Size and Forecast, By Organization Size
8.4.7.4. Market Size and Forecast, By Industry Vertical
8.4.8. Japan Procurement Outsourcing Market
8.4.8.1. Market Size and Forecast, By Component
8.4.8.2. Market Size and Forecast, By Deployment
8.4.8.3. Market Size and Forecast, By Organization Size
8.4.8.4. Market Size and Forecast, By Industry Vertical
8.4.9. India Procurement Outsourcing Market
8.4.9.1. Market Size and Forecast, By Component
8.4.9.2. Market Size and Forecast, By Deployment
8.4.9.3. Market Size and Forecast, By Organization Size
8.4.9.4. Market Size and Forecast, By Industry Vertical
8.4.10. Australia Procurement Outsourcing Market
8.4.10.1. Market Size and Forecast, By Component
8.4.10.2. Market Size and Forecast, By Deployment
8.4.10.3. Market Size and Forecast, By Organization Size
8.4.10.4. Market Size and Forecast, By Industry Vertical
8.4.11. South Korea Procurement Outsourcing Market
8.4.11.1. Market Size and Forecast, By Component
8.4.11.2. Market Size and Forecast, By Deployment
8.4.11.3. Market Size and Forecast, By Organization Size
8.4.11.4. Market Size and Forecast, By Industry Vertical
8.4.12. Rest of Asia-Pacific Procurement Outsourcing Market
8.4.12.1. Market Size and Forecast, By Component
8.4.12.2. Market Size and Forecast, By Deployment
8.4.12.3. Market Size and Forecast, By Organization Size
8.4.12.4. Market Size and Forecast, By Industry Vertical
8.5. Latin America
8.5.1. Key Market Trends and Opportunities
8.5.2. Market Size and Forecast, By Component
8.5.3. Market Size and Forecast, By Deployment
8.5.4. Market Size and Forecast, By Organization Size
8.5.5. Market Size and Forecast, By Industry Vertical
8.5.6. Market Size and Forecast, By Country
8.5.7. Argentina Procurement Outsourcing Market
8.5.7.1. Market Size and Forecast, By Component
8.5.7.2. Market Size and Forecast, By Deployment
8.5.7.3. Market Size and Forecast, By Organization Size
8.5.7.4. Market Size and Forecast, By Industry Vertical
8.5.8. Brazil Procurement Outsourcing Market
8.5.8.1. Market Size and Forecast, By Component
8.5.8.2. Market Size and Forecast, By Deployment
8.5.8.3. Market Size and Forecast, By Organization Size
8.5.8.4. Market Size and Forecast, By Industry Vertical
8.5.9. Colombia Procurement Outsourcing Market
8.5.9.1. Market Size and Forecast, By Component
8.5.9.2. Market Size and Forecast, By Deployment
8.5.9.3. Market Size and Forecast, By Organization Size
8.5.9.4. Market Size and Forecast, By Industry Vertical
8.5.10. REST oF Latin America Procurement Outsourcing Market
8.5.10.1. Market Size and Forecast, By Component
8.5.10.2. Market Size and Forecast, By Deployment
8.5.10.3. Market Size and Forecast, By Organization Size
8.5.10.4. Market Size and Forecast, By Industry Vertical
8.6. Middle East And Africa
8.6.1. Key Market Trends and Opportunities
8.6.2. Market Size and Forecast, By Component
8.6.3. Market Size and Forecast, By Deployment
8.6.4. Market Size and Forecast, By Organization Size
8.6.5. Market Size and Forecast, By Industry Vertical
8.6.6. Market Size and Forecast, By Country
8.6.7. Saudi Arabia Procurement Outsourcing Market
8.6.7.1. Market Size and Forecast, By Component
8.6.7.2. Market Size and Forecast, By Deployment
8.6.7.3. Market Size and Forecast, By Organization Size
8.6.7.4. Market Size and Forecast, By Industry Vertical
8.6.8. South Africa Procurement Outsourcing Market
8.6.8.1. Market Size and Forecast, By Component
8.6.8.2. Market Size and Forecast, By Deployment
8.6.8.3. Market Size and Forecast, By Organization Size
8.6.8.4. Market Size and Forecast, By Industry Vertical
8.6.9. UAE Procurement Outsourcing Market
8.6.9.1. Market Size and Forecast, By Component
8.6.9.2. Market Size and Forecast, By Deployment
8.6.9.3. Market Size and Forecast, By Organization Size
8.6.9.4. Market Size and Forecast, By Industry Vertical
8.6.10. Rest of Middle East And Africa Procurement Outsourcing Market
8.6.10.1. Market Size and Forecast, By Component
8.6.10.2. Market Size and Forecast, By Deployment
8.6.10.3. Market Size and Forecast, By Organization Size
8.6.10.4. Market Size and Forecast, By Industry Vertical
CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top Winning Strategies
9.3. Product Mapping Of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top Player Positioning, 2023
CHAPTER 10: COMPANY PROFILES
10.1. Accenture
10.1.1. Company Overview
10.1.2. Key Executives
10.1.3. Company Snapshot
10.1.4. Operating Business Segments
10.1.5. Product Portfolio
10.1.6. Business Performance
10.1.7. Key Strategic Moves and Developments
10.2. IBM Corporation
10.2.1. Company Overview
10.2.2. Key Executives
10.2.3. Company Snapshot
10.2.4. Operating Business Segments
10.2.5. Product Portfolio
10.2.6. Business Performance
10.2.7. Key Strategic Moves and Developments
10.3. Infosys
10.3.1. Company Overview
10.3.2. Key Executives
10.3.3. Company Snapshot
10.3.4. Operating Business Segments
10.3.5. Product Portfolio
10.3.6. Business Performance
10.3.7. Key Strategic Moves and Developments
10.4. Capgemini
10.4.1. Company Overview
10.4.2. Key Executives
10.4.3. Company Snapshot
10.4.4. Operating Business Segments
10.4.5. Product Portfolio
10.4.6. Business Performance
10.4.7. Key Strategic Moves and Developments
10.5. Genpact
10.5.1. Company Overview
10.5.2. Key Executives
10.5.3. Company Snapshot
10.5.4. Operating Business Segments
10.5.5. Product Portfolio
10.5.6. Business Performance
10.5.7. Key Strategic Moves and Developments
10.6. Wipro Limited
10.6.1. Company Overview
10.6.2. Key Executives
10.6.3. Company Snapshot
10.6.4. Operating Business Segments
10.6.5. Product Portfolio
10.6.6. Business Performance
10.6.7. Key Strategic Moves and Developments
10.7. WNS
10.7.1. Company Overview
10.7.2. Key Executives
10.7.3. Company Snapshot
10.7.4. Operating Business Segments
10.7.5. Product Portfolio
10.7.6. Business Performance
10.7.7. Key Strategic Moves and Developments
10.8. HCL Technologies Limited
10.8.1. Company Overview
10.8.2. Key Executives
10.8.3. Company Snapshot
10.8.4. Operating Business Segments
10.8.5. Product Portfolio
10.8.6. Business Performance
10.8.7. Key Strategic Moves and Developments
10.9. Tata Consultancy Services
10.9.1. Company Overview
10.9.2. Key Executives
10.9.3. Company Snapshot
10.9.4. Operating Business Segments
10.9.5. Product Portfolio
10.9.6. Business Performance
10.9.7. Key Strategic Moves and Developments
10.10. GEP
10.10.1. Company Overview
10.10.2. Key Executives
10.10.3. Company Snapshot
10.10.4. Operating Business Segments
10.10.5. Product Portfolio
10.10.6. Business Performance
10.10.7. Key Strategic Moves and Developments
LIST OF TABLES
TABLE 1. GLOBAL PROCUREMENT OUTSOURCING MARKET, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 2. PROCUREMENT OUTSOURCING MARKET FOR SOLUTION, BY REGION, 2024 - 2032 ($MILLION)
TABLE 3. PROCUREMENT OUTSOURCING MARKET FOR SERVICE, BY REGION, 2024 - 2032 ($MILLION)
TABLE 4. GLOBAL PROCUREMENT OUTSOURCING MARKET, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 5. PROCUREMENT OUTSOURCING MARKET FOR ON-PREMISE, BY REGION, 2024 - 2032 ($MILLION)
TABLE 6. PROCUREMENT OUTSOURCING MARKET FOR CLOUD, BY REGION, 2024 - 2032 ($MILLION)
TABLE 7. GLOBAL PROCUREMENT OUTSOURCING MARKET, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 8. PROCUREMENT OUTSOURCING MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), BY REGION, 2024 - 2032 ($MILLION)
TABLE 9. PROCUREMENT OUTSOURCING MARKET FOR LARGE ENTERPRISES, BY REGION, 2024 - 2032 ($MILLION)
TABLE 10. GLOBAL PROCUREMENT OUTSOURCING MARKET, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 11. PROCUREMENT OUTSOURCING MARKET FOR BANKING FINANCIAL SERVICES INSURANCE (BFSI), BY REGION, 2024 - 2032 ($MILLION)
TABLE 12. PROCUREMENT OUTSOURCING MARKET FOR HEALTHCARE, BY REGION, 2024 - 2032 ($MILLION)
TABLE 13. PROCUREMENT OUTSOURCING MARKET FOR IT TELECOMMUNICATION, BY REGION, 2024 - 2032 ($MILLION)
TABLE 14. PROCUREMENT OUTSOURCING MARKET, BY REGION, 2024 - 2032 ($MILLION)
TABLE 15. NORTH AMERICA PROCUREMENT OUTSOURCING, BY COUNTRY, 2024 - 2032 ($MILLION)
TABLE 16. NORTH AMERICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 17. NORTH AMERICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 18. NORTH AMERICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 19. NORTH AMERICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 20. U.S. PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 21. U.S. PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 22. U.S. PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 23. U.S. PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 24. CANADA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 25. CANADA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 26. CANADA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 27. CANADA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 28. EUROPE PROCUREMENT OUTSOURCING, BY COUNTRY, 2024 - 2032 ($MILLION)
TABLE 29. EUROPE PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 30. EUROPE PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 31. EUROPE PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 32. EUROPE PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 33. UK PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 34. UK PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 35. UK PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 36. UK PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 37. GERMANY PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 38. GERMANY PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 39. GERMANY PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 40. GERMANY PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 41. FRANCE PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 42. FRANCE PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 43. FRANCE PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 44. FRANCE PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 45. ITALY PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 46. ITALY PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 47. ITALY PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 48. ITALY PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 49. SPAIN PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 50. SPAIN PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 51. SPAIN PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 52. SPAIN PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 53. REST OF EUROPE PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 54. REST OF EUROPE PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 55. REST OF EUROPE PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 56. REST OF EUROPE PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 57. ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY COUNTRY, 2024 - 2032 ($MILLION)
TABLE 58. ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 59. ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 60. ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 61. ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 62. CHINA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 63. CHINA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 64. CHINA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 65. CHINA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 66. JAPAN PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 67. JAPAN PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 68. JAPAN PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 69. JAPAN PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 70. INDIA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 71. INDIA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 72. INDIA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 73. INDIA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 74. AUSTRALIA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 75. AUSTRALIA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 76. AUSTRALIA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 77. AUSTRALIA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 78. SOUTH KOREA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 79. SOUTH KOREA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 80. SOUTH KOREA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 81. SOUTH KOREA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 82. REST OF ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 83. REST OF ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 84. REST OF ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 85. REST OF ASIA-PACIFIC PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 86. LATIN AMERICA PROCUREMENT OUTSOURCING, BY COUNTRY, 2024 - 2032 ($MILLION)
TABLE 87. LATIN AMERICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 88. LATIN AMERICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 89. LATIN AMERICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 90. LATIN AMERICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 91. ARGENTINA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 92. ARGENTINA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 93. ARGENTINA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 94. ARGENTINA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 95. BRAZIL PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 96. BRAZIL PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 97. BRAZIL PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 98. BRAZIL PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 99. COLOMBIA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 100. COLOMBIA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 101. COLOMBIA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 102. COLOMBIA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 103. REST OF LATIN AMERICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 104. REST OF LATIN AMERICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 105. REST OF LATIN AMERICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 106. REST OF LATIN AMERICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 107. MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING, BY COUNTRY, 2024 - 2032 ($MILLION)
TABLE 108. MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 109. MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 110. MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 111. MIDDLE EAST & AFRICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 112. SAUDI ARABIA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 113. SAUDI ARABIA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 114. SAUDI ARABIA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 115. SAUDI ARABIA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 116. SOUTH AFRICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 117. SOUTH AFRICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 118. SOUTH AFRICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 119. SOUTH AFRICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 120. UAE PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 121. UAE PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 122. UAE PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 123. UAE PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 124. REST OF MIDDLE EAST AND AFRICA PROCUREMENT OUTSOURCING, BY COMPONENT, 2024 - 2032 ($MILLION)
TABLE 125. REST OF MIDDLE EAST AND AFRICA PROCUREMENT OUTSOURCING, BY DEPLOYMENT, 2024 - 2032 ($MILLION)
TABLE 126. REST OF MIDDLE EAST AND AFRICA PROCUREMENT OUTSOURCING, BY ORGANIZATION SIZE, 2024 - 2032 ($MILLION)
TABLE 127. REST OF MIDDLE EAST AND AFRICA PROCUREMENT OUTSOURCING, BY INDUSTRY VERTICAL, 2024 - 2032 ($MILLION)
TABLE 128. ACCENTURE: KEY EXECUTIVES
TABLE 129. ACCENTURE: COMPANY SNAPSHOT
TABLE 130. ACCENTURE: OPERATING SEGMENTS
TABLE 131. ACCENTURE: PRODUCT PORTFOLIO
TABLE 132. ACCENTURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 133. IBM CORPORATION: KEY EXECUTIVES
TABLE 134. IBM CORPORATION: COMPANY SNAPSHOT
TABLE 135. IBM CORPORATION: OPERATING SEGMENTS
TABLE 136. IBM CORPORATION: PRODUCT PORTFOLIO
TABLE 137. IBM CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 138. INFOSYS: KEY EXECUTIVES
TABLE 139. INFOSYS: COMPANY SNAPSHOT
TABLE 140. INFOSYS: OPERATING SEGMENTS
TABLE 141. INFOSYS: PRODUCT PORTFOLIO
TABLE 142. INFOSYS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 143. CAPGEMINI: KEY EXECUTIVES
TABLE 144. CAPGEMINI: COMPANY SNAPSHOT
TABLE 145. CAPGEMINI: OPERATING SEGMENTS
TABLE 146. CAPGEMINI: PRODUCT PORTFOLIO
TABLE 147. CAPGEMINI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 148. GENPACT: KEY EXECUTIVES
TABLE 149. GENPACT: COMPANY SNAPSHOT
TABLE 150. GENPACT: OPERATING SEGMENTS
TABLE 151. GENPACT: PRODUCT PORTFOLIO
TABLE 152. GENPACT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 153. WIPRO LIMITED: KEY EXECUTIVES
TABLE 154. WIPRO LIMITED: COMPANY SNAPSHOT
TABLE 155. WIPRO LIMITED: OPERATING SEGMENTS
TABLE 156. WIPRO LIMITED: PRODUCT PORTFOLIO
TABLE 157. WIPRO LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 158. WNS: KEY EXECUTIVES
TABLE 159. WNS: COMPANY SNAPSHOT
TABLE 160. WNS: OPERATING SEGMENTS
TABLE 161. WNS: PRODUCT PORTFOLIO
TABLE 162. WNS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 163. HCL TECHNOLOGIES LIMITED: KEY EXECUTIVES
TABLE 164. HCL TECHNOLOGIES LIMITED: COMPANY SNAPSHOT
TABLE 165. HCL TECHNOLOGIES LIMITED: OPERATING SEGMENTS
TABLE 166. HCL TECHNOLOGIES LIMITED: PRODUCT PORTFOLIO
TABLE 167. HCL TECHNOLOGIES LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 168. TATA CONSULTANCY SERVICES: KEY EXECUTIVES
TABLE 169. TATA CONSULTANCY SERVICES: COMPANY SNAPSHOT
TABLE 170. TATA CONSULTANCY SERVICES: OPERATING SEGMENTS
TABLE 171. TATA CONSULTANCY SERVICES: PRODUCT PORTFOLIO
TABLE 172. TATA CONSULTANCY SERVICES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 173. GEP: KEY EXECUTIVES
TABLE 174. GEP: COMPANY SNAPSHOT
TABLE 175. GEP: OPERATING SEGMENTS
TABLE 176. GEP: PRODUCT PORTFOLIO
TABLE 177. GEP: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 1. GLOBAL PROCUREMENT OUTSOURCING MARKET SEGMENTATION
FIGURE 2. GLOBAL PROCUREMENT OUTSOURCING MARKET
FIGURE 3. SEGMENTATION PROCUREMENT OUTSOURCING MARKET
FIGURE 4. TOP INVESTMENT POCKET IN PROCUREMENT OUTSOURCING MARKET
FIGURE 5. MODERATE BARGAINING POWER OF BUYERS
FIGURE 6. MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 7. MODERATE THREAT OF NEW ENTRANTS
FIGURE 8. LOW THREAT OF SUBSTITUTION
FIGURE 9. HIGH COMPETITIVE RIVALRY
FIGURE 10. OPPORTUNITIES, RESTRAINTS AND DRIVERS: GLOBALPROCUREMENT OUTSOURCING MARKET
FIGURE 11. GLOBAL PROCUREMENT OUTSOURCING MARKET SEGMENTATION, BY COMPONENT
FIGURE 12. PROCUREMENT OUTSOURCING MARKET FOR SOLUTION, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 13. PROCUREMENT OUTSOURCING MARKET FOR SERVICE, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 14. GLOBAL PROCUREMENT OUTSOURCING MARKET SEGMENTATION, BY DEPLOYMENT
FIGURE 15. PROCUREMENT OUTSOURCING MARKET FOR ON-PREMISE, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 16. PROCUREMENT OUTSOURCING MARKET FOR CLOUD, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 17. GLOBAL PROCUREMENT OUTSOURCING MARKET SEGMENTATION, BY ORGANIZATION SIZE
FIGURE 18. PROCUREMENT OUTSOURCING MARKET FOR SMALL AND MEDIUM-SIZED ENTERPRISES (SMES), BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 19. PROCUREMENT OUTSOURCING MARKET FOR LARGE ENTERPRISES, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 20. GLOBAL PROCUREMENT OUTSOURCING MARKET SEGMENTATION, BY INDUSTRY VERTICAL
FIGURE 21. PROCUREMENT OUTSOURCING MARKET FOR BANKING FINANCIAL SERVICES INSURANCE (BFSI), BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 22. PROCUREMENT OUTSOURCING MARKET FOR HEALTHCARE, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 23. PROCUREMENT OUTSOURCING MARKET FOR IT TELECOMMUNICATION, BY COUNTRY, 2024 - 2032 ($MILLION)
FIGURE 24. TOP WINNING STRATEGIES, BY YEAR, 2021-2023*
FIGURE 25. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2021-2023*
FIGURE 26. TOP WINNING STRATEGIES, BY COMPANY, 2021-2023*
FIGURE 27. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 28. COMPETITIVE DASHBOARD
FIGURE 29. COMPETITIVE HEATMAP: PROCUREMENT OUTSOURCING MARKET
FIGURE 30. TOP PLAYER POSITIONING, 2023
FIGURE 31. ACCENTURE: NET SALES, 2021-2023 ($MILLION)
FIGURE 32. ACCENTURE: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 33. ACCENTURE: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 34. IBM CORPORATION: NET SALES, 2021-2023 ($MILLION)
FIGURE 35. IBM CORPORATION: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 36. IBM CORPORATION: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 37. INFOSYS: NET SALES, 2021-2023 ($MILLION)
FIGURE 38. INFOSYS: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 39. INFOSYS: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 40. CAPGEMINI: NET SALES, 2021-2023 ($MILLION)
FIGURE 41. CAPGEMINI: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 42. CAPGEMINI: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 43. GENPACT: NET SALES, 2021-2023 ($MILLION)
FIGURE 44. GENPACT: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 45. GENPACT: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 46. WIPRO LIMITED: NET SALES, 2021-2023 ($MILLION)
FIGURE 47. WIPRO LIMITED: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 48. WIPRO LIMITED: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 49. WNS: NET SALES, 2021-2023 ($MILLION)
FIGURE 50. WNS: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 51. WNS: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 52. HCL TECHNOLOGIES LIMITED: NET SALES, 2021-2023 ($MILLION)
FIGURE 53. HCL TECHNOLOGIES LIMITED: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 54. HCL TECHNOLOGIES LIMITED: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 55. TATA CONSULTANCY SERVICES: NET SALES, 2021-2023 ($MILLION)
FIGURE 56. TATA CONSULTANCY SERVICES: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 57. TATA CONSULTANCY SERVICES: REVENUE SHARE, BY REGION, 2023 (%)
FIGURE 58. GEP: NET SALES, 2021-2023 ($MILLION)
FIGURE 59. GEP: REVENUE SHARE, BY SEGMENT, 2023 (%)
FIGURE 60. GEP: REVENUE SHARE, BY REGION, 2023 (%)

Companies Mentioned

  • Accenture
  • IBM Corporation
  • Infosys
  • Capgemini
  • Genpact
  • Wipro Limited
  • WNS
  • HCL Technologies Limited
  • Tata Consultancy Services
  • GEP

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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