Press release
Service Procurement Market Set to Surge Significantly during 2019-2026 | DCR Workforce, SAP Fieldglass, Peoplefluent, Upwork, Workmarket, Enlighta, Beeline
The Global Service Procurement Market was valued at USD 637.99 Million in 2018 and is projected to reach USD 1541.68 Million by 2026, growing at a CAGR of 11.6% from 2019 to 2026. The Service Procurement process helps the organizations to manage, ensure the supplies, and control the operational activities in a business. It is used for comprehensive analysis, decision making, and reporting of generated information considering the external workforce. It enhances employee visibility and MSP management to control the expenditure. This service is widely applicable in the various banking, financial services, and other sectors.The service procurement market is experiencing tremendous growth owing to the increasing number of freelancers all across the globe. In addition, the growing incentive on the analytics of workforce, and the creation of new possibilities owing to the technological advancement led to propel the market growth. However, owing to the lack of online order management, and access to the non-permanent workers to the corporate systems and facilities expected to restrain the market growth.
Some of the key players of Service Procurement Market:
DCR Workforce, SAP Fieldglass, Peoplefluent, Upwork, Workmarket, Enlighta, Beeline, PRO Unlimited, Superior Group, Provade, Inc.
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In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Global Service Procurement Market, By Component
• Solutions
o Statement of Work Procurement
o Services Governance and Master Service Agreement Management
o Freelancer Management
o Contingent Workforce Management
• Services
o Support and Maintenance
o Deployment and Integration
o Consulting
Global Service Procurement Market, By Vertical
• Telecom and IT
• Manufacturing
• Retail and Consumer Goods
• Government
• Healthcare and Life Sciences
• Others
Global Service Procurement Market, Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World
o Latin America
o Middle East and Africa
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Service Procurement Market Size
2.2 Service Procurement Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Service Procurement Market Size by Manufacturers
3.2 Service Procurement Key Players Head office and Area Served
3.3 Key Players Service Procurement Product/Solution/Service
3.4 Date of Enter into Service Procurement Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Service Procurement Sales by Product
4.2 Global Service Procurement Revenue by Product
4.3 Service Procurement Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Service Procurement Breakdown Data by End User
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Mr. Edwyne Fernandes
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Email: sales@verifiedmarketresearch.com
About Us:
Verified market research partners with clients to provide insight into strategic and growth analytics; data that help achieve business goals and targets. Our core values include trust, integrity, and authenticity for our clients. Our research studies help our clients to make superior data-driven decisions, capitalize on future opportunities, and optimize efficiency and keeping them competitive by working as their partner to deliver the right information without compromise.
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