Procurement Outsourcing Market 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) : Global Opportunity Analysis and Industry Forecast, 2024-2032
The procurement outsourcing market was valued at $6,395.03 million 2023 and is estimated to reach $16,113.24 million 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.
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
- 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
- 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
- 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 SALE
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