Press release
Procurement Outsourcing Market To Amplify by CAGR of 11.7% during 2018-2025 | Huge Opportunities for Prominent Players IBM, Accenture, GEP, Infosys, Capgemini, Genpact
InForGrowth
To reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorization and vendor management of indirect materials and services (commonly referred to as indirect procurement) are typically the most popular outsourced activity. Cost reduction is the top priority for CPOs as they look to sustain business growth in a slowing market.
Demand for impactful procurement continues to run high, both in terms of managing cost as well as unleashing the potential of the supply market to differentiate business performance. However the traditional constraints of manpower, expertise, and policy driven process are inhibiting
In 2017, the global Procurement Outsourcing market size was 2820 million US$ and it is expected to reach 6830 million US$ by the end of 2025, with a CAGR of 11.7% during 2018-2025.
To Get Sample PDF of Procurement Outsourcing Market Report covering details of the Industry, Visit https://www.inforgrowth.com/samplerequest/r/54773/global-procurement-outsourcing-market-size-sta
The report will assist the market leaders/new entrants in the hundreds of ways. This report helps in better understanding the competitors and gaining more insights to better position their businesses. There is a separate section on competitive landscape, including competitor ecosystem, and mergers and acquisitions. Besides, there are company profiles of 9 players offering services in this market.
Key Players covered in this report are IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging, WNS
Procurement Outsourcing Market segment by Type: Digital, Analog, Mixed Signal, Others
Procurement Outsourcing Market segment by Application: CPG and Retail, BFSI Sector
Procurement Outsourcing Market segment by Regions of United States, Europe, China, Japan, Southeast Asia, India, Central & South America
With the tables and figures the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Major Table of Content:
1. Key Market Segments
2. Global Procurement Outsourcing Market Size Growth Rate by Type
3. Global Procurement Outsourcing Market Share by Application
4. Procurement Outsourcing Growth Trends by Regions
5. Market Drivers
6. Market Top Trends
7. Global Procurement Outsourcing Revenue by Manufacturers
8. Key Players Procurement Outsourcing Product/Solution/Service
9. Mergers & Acquisitions, Expansion Plans
10. Market Opportunities
11. Market Size Forecast by Application
Talk to our Analyst to know more about this report https://www.inforgrowth.com/enquiry/r/54773/global-procurement-outsourcing-market-size-sta
About InForGrowth:
We are a market-intelligence company formed with the objective of providing clients access to the most relevant and accurate research content for their growth needs. At InForGrowth, we understand Research requirements and help a client in taking informed business critical decisions. Given the complexities and interdependencies of market-intelligence, there is always more than one source to explore and arrive at the right answer. Through our smart search feature and our reliable & trusted publishing partners, we are paving way for a more simplified and relevant research.
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