Service Procurement Market Size, Segments, Analysis | SAP Fieldglass (US), Beeline (US), DCR Workforce (US), PRO Unlimited (US), PeopleFluent (US)
Several factors such as the increasing number of freelancers in the job market, growing impetus on workforce analytics, and effective management of spending on contractual workers, are driving the growth of the service procurement market. Moreover, an increasing adoption rate of services procurement solutions by several industry verticals, such as telecom, manufacturing, BFSI, and information technology, is expected to boost the service procurement market growth.
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Top Leading players covered in this report:
SAP Fieldglass (US)
DCR Workforce (US)
PRO Unlimited (US)
Upwork (US) and more….
The global Service Procurement market will reach xxx Million USD in 2019 with CAGR xx% 2019-2024. The objective of report is to define, segment, and project the market on the basis of product type, application, and region, and to describe the content about the factors influencing market dynamics, policy, economic, technology and market entry etc.
Services procurement solutions help organizations make decisions using a comprehensive analysis and reporting of information generated throughout the life cycle of the external workforce. The growing requirement for automation, need for data-driven businesses, and the increasing use of social media and smartphones for enhanced collaboration and spend management are expected to drive the demand for services procurement solutions.
The evolution of services procurement technologies has transformed various MSP and vendor management for organizations that depend on considerable external workforce for carrying out various projects. The automation of various processes, such as timesheet approval and generation of statement of work procurement. The services procurement solutions help organizations to control and reduce expenditure by helping them increase the employee visibility and MSP management.
Market Segment By Key Product Type:
Contingent Workforce Management
Statement of Work Procurement
Services Governance and MSA Management
Analytics and Reporting
Resource Sourcing and Tracking
Market Segment by Application Type:
Banking, Financial Services, and Insurance
Telecom and IT
Retail and Consumer goods
Healthcare and Life Sciences
Transportation and Logistics
Energy and Utilities
Key questions answered in this report:
What will the market size be in 2025 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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