Procurement-as-a-Service Market was valued at USD 3.4 Billion in 2022, and is expected to reach USD 5.30 Billion by 2029, exhibiting a CAGR of 6.5% during the forecast period (2023-2029)
Procurement-as-a-Service Market Market Report Scope and Research Methodology
Maximize Market Research Pvt. Ltd., a leading market research and consulting company, is pleased to announce the release of its latest in-depth market research report on Procurement-as-a-Service. This report delves into the dynamic and evolving landscape of the Procurement-as-a-Service market, providing valuable insights into trends, opportunities, and challenges in the industry.
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This comprehensive market research report provides industry professionals, stakeholders, and decision-makers with critical information to make informed choices in a rapidly evolving market.
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What are Procurement-as-a-Service Market Market Dynamics?
1. Rapid Growth in the Asia Pacific Procurement-as-a-Service Market: During the forecast period, the Asia Pacific Procurement-as-a-Service Market is expected to experience significant growth. This surge can be attributed to the increasing demand for streamlined procurement operations within organizations and the positive impact of Business Process Outsourcing (BPO) on procurement outsourcing. Prominent organizations in the region are also driving demand through their significant technological advancements.
2. Key Players in the Procurement-as-a-Service Market: The report profiles several key players in the Procurement-as-a-Service market, including GEP, Accenture, IBM Corporation, Infosys Ltd., HCL Technologies, Corbus, LLC, WNS (Holdings) Limited, CAPGEMINI SE, Genpact Ltd., and Wipro Limited, among others. Additionally, it identifies other significant players in the procurement-as-a-service ecosystem.
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What is Procurement-as-a-Service Market Market Regional Insight?
The Asia Pacific region is expected to lead the Procurement-as-a-Service market, with robust growth anticipated, driven by factors such as economic growth, technological advancements, and government initiatives. North America is also experiencing growth, with a focus on advanced technologies and trade agreements to support procurement services.
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What is Procurement-as-a-Service Market Market Segmentation?
by Component
1. Strategic Sourcing
2. Spend Management
3. Category Management
4. Process Management
5. Contract Management
6. Transaction Management
by Enterprise Size
1. SMEs
2. Large Enterprises
by End-Use Industry
1. IT & Telecom
2. Consumer Goods & Retail
3. Manufacturing
4. Energy & Utility
5. Healthcare
6. Hospitality & Tourism
7. Others
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Who are Procurement-as-a-Service Market Market Key Players?
1. Accenture
2. Infosys
3. GEP
4. Genpact
5. Proxima
6. WNS Denali
7. Capgemini
8. IBM
9. Wipro
10. HCL Technologies
11. Tata Consultancy Services(TCS)
12. Xchanging
13. Aegis Components Inc.
14. Corbus LLC
15. Bain & Company
16. CA Technologies
17. Hewlett Packard Enterprise Development LP
18. Skybox Security Inc.
19. Palo Alto Networks, Inc
20. Cisco Systems, Inc.
Table of content for the Procurement-as-a-Service Market Market includes:
- Procurement-as-a-Service Market Market: Research Methodology
- Procurement-as-a-Service Market Market: Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Procurement-as-a-Service Market Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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