Global Procurement Outsourcing Market Research Report 2023(Status and Outlook)

Global Procurement Outsourcing Market Research Report 2023(Status and Outlook)



Report Overview

Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.

The Global Procurement Outsourcing Market Size was estimated at USD 4477.60 million in 2022 and is projected to reach USD 9714.43 million by 2029, exhibiting a CAGR of 11.70% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Procurement Outsourcing market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Procurement Outsourcing Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Procurement Outsourcing market in any manner.

Global Procurement Outsourcing Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

IBM

Accenture

GEP

Infosys

Capgemini

Genpact

TCS

Xchanging

WNS

Market Segmentation (by Type)

Direct Procurement

Indirect Procurement

Market Segmentation (by Application)

Commercial Buildings

Residential Buildings

Automobile

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Procurement Outsourcing Market

Overview of the regional outlook of the Procurement Outsourcing Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Procurement Outsourcing
1.2 Key Market Segments
1.2.1 Procurement Outsourcing Segment by Type
1.2.2 Procurement Outsourcing Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Procurement Outsourcing Market Overview
2.1 Global Procurement Outsourcing Market Size (M USD) Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Procurement Outsourcing Market Competitive Landscape
3.1 Global Procurement Outsourcing Revenue Market Share by Manufacturers (2018-2023)
3.2 Procurement Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Manufacturers Procurement Outsourcing Sales Sites, Area Served, Service Type
3.4 Procurement Outsourcing Market Competitive Situation and Trends
3.4.1 Procurement Outsourcing Market Concentration Rate
3.4.2 Global 5 and 10 Largest Procurement Outsourcing Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Procurement Outsourcing Value Chain Analysis
4.1 Procurement Outsourcing Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Procurement Outsourcing Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Procurement Outsourcing Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Procurement Outsourcing Market Size Market Share by Type (2018-2023)
6.3 Global Procurement Outsourcing Sales Growth Rate by Type (2019-2023)
7 Procurement Outsourcing Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Procurement Outsourcing Market Size (M USD) by Application (2018-2023)
7.3 Global Procurement Outsourcing Sales Growth Rate by Application (2019-2023)
8 Procurement Outsourcing Market Segmentation by Region
8.1 Global Procurement Outsourcing Market Size by Region
8.1.1 Global Procurement Outsourcing Market Size by Region
8.1.2 Global Procurement Outsourcing Market Share by Region
8.2 North America
8.2.1 North America Procurement Outsourcing Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Procurement Outsourcing Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Procurement Outsourcing Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Procurement Outsourcing Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Procurement Outsourcing Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 IBM
9.1.1 IBM Procurement Outsourcing Basic Information
9.1.2 IBM Procurement Outsourcing Product Overview
9.1.3 IBM Procurement Outsourcing Product Market Performance
9.1.4 IBM Business Overview
9.1.5 IBM Procurement Outsourcing SWOT Analysis
9.1.6 IBM Recent Developments
9.2 Accenture
9.2.1 Accenture Procurement Outsourcing Basic Information
9.2.2 Accenture Procurement Outsourcing Product Overview
9.2.3 Accenture Procurement Outsourcing Product Market Performance
9.2.4 Accenture Business Overview
9.2.5 Accenture Procurement Outsourcing SWOT Analysis
9.2.6 Accenture Recent Developments
9.3 GEP
9.3.1 GEP Procurement Outsourcing Basic Information
9.3.2 GEP Procurement Outsourcing Product Overview
9.3.3 GEP Procurement Outsourcing Product Market Performance
9.3.4 GEP Business Overview
9.3.5 GEP Procurement Outsourcing SWOT Analysis
9.3.6 GEP Recent Developments
9.4 Infosys
9.4.1 Infosys Procurement Outsourcing Basic Information
9.4.2 Infosys Procurement Outsourcing Product Overview
9.4.3 Infosys Procurement Outsourcing Product Market Performance
9.4.4 Infosys Business Overview
9.4.5 Infosys Recent Developments
9.5 Capgemini
9.5.1 Capgemini Procurement Outsourcing Basic Information
9.5.2 Capgemini Procurement Outsourcing Product Overview
9.5.3 Capgemini Procurement Outsourcing Product Market Performance
9.5.4 Capgemini Business Overview
9.5.5 Capgemini Recent Developments
9.6 Genpact
9.6.1 Genpact Procurement Outsourcing Basic Information
9.6.2 Genpact Procurement Outsourcing Product Overview
9.6.3 Genpact Procurement Outsourcing Product Market Performance
9.6.4 Genpact Business Overview
9.6.5 Genpact Recent Developments
9.7 TCS
9.7.1 TCS Procurement Outsourcing Basic Information
9.7.2 TCS Procurement Outsourcing Product Overview
9.7.3 TCS Procurement Outsourcing Product Market Performance
9.7.4 TCS Business Overview
9.7.5 TCS Recent Developments
9.8 Xchanging
9.8.1 Xchanging Procurement Outsourcing Basic Information
9.8.2 Xchanging Procurement Outsourcing Product Overview
9.8.3 Xchanging Procurement Outsourcing Product Market Performance
9.8.4 Xchanging Business Overview
9.8.5 Xchanging Recent Developments
9.9 WNS
9.9.1 WNS Procurement Outsourcing Basic Information
9.9.2 WNS Procurement Outsourcing Product Overview
9.9.3 WNS Procurement Outsourcing Product Market Performance
9.9.4 WNS Business Overview
9.9.5 WNS Recent Developments
10 Procurement Outsourcing Regional Market Forecast
10.1 Global Procurement Outsourcing Market Size Forecast
10.2 Global Procurement Outsourcing Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Procurement Outsourcing Market Size Forecast by Country
10.2.3 Asia Pacific Procurement Outsourcing Market Size Forecast by Region
10.2.4 South America Procurement Outsourcing Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Procurement Outsourcing by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Procurement Outsourcing Market Forecast by Type (2024-2029)
11.2 Global Procurement Outsourcing Market Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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