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Procurement Outsourcing Market Grow at 12.1% CAGR to 2025 | IBM, Accenture, Infosys, Capgemini, GEP, Xchanging
Procurement Outsourcing Market
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.
According to this study, over the next five years the Procurement Outsourcing market will register a 12.1% CAGR in terms of revenue, the global market size will reach $ 5505 million by 2025, from $ 3481.5 million in 2019. In particular, this report presents the global revenue market share of key companies in Procurement Outsourcing business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Procurement Outsourcing market by type, application, key companies and key regions.
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Companies Profiled in this report includes: IBM, Accenture, Infosys, Capgemini, GEP, Xchanging, Genpact, WNS, TCS
This study considers the Procurement Outsourcing value generated from the sales of the following segments:
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7.
Direct Procurement
Indirect Procurement
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8.
CPG and Retail
BFSI Sector
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Research objectives
To study and analyze the global Procurement Outsourcing market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Procurement Outsourcing market by identifying its various subsegments.
Focuses on the key global Procurement Outsourcing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Procurement Outsourcing with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Procurement Outsourcing submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Procurement Outsourcing by Players
4 Procurement Outsourcing by Regions
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Procurement Outsourcing Market Forecast
11 Key Players Analysis
11.1 IBM
11.1.1 Company Details
11.1.2 Procurement Outsourcing Product Offered
11.1.3 IBM Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2020)
11.1.4 Main Business Overview
11.1.5 IBM News
11.2 Accenture
11.2.1 Company Details
11.2.2 Procurement Outsourcing Product Offered
11.2.3 Accenture Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2020)
11.2.4 Main Business Overview
11.2.5 Accenture News
11.3 Infosys
11.3.1 Company Details
11.3.2 Procurement Outsourcing Product Offered
11.3.3 Infosys Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2020)
11.3.4 Main Business Overview
11.3.5 Infosys News
11.4 Capgemini
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