Procurement Outsourcing Services - Global Market Outlook (2017-2026)

Procurement Outsourcing Services - Global Market Outlook (2017-2026)

  • Published: June 2019
  • ID: SMRC18310

According to Stratistics MRC, the Global Procurement Outsourcing Services market is accounted for $2,856.72 billion in 2017 and is expected to reach $9,437.63 billion by 2026 growing at a CAGR of 14.2% during the forecast period. The need to adhere to regulatory guidelines and ensure compliance and emergence of nearshore and offshore outsourcing locations are some key factors propelling the growth of the market. However, the augmented gap between growing customer need and association capability are hampering the market.

Procurement outsourcing services is a process wherein a company engages an external service provider to manage its core and non-core purchase transactions and expenditures. This helps the company allocate important resources to work on strategic initiatives and handling important business activities. Procurement outsourcing services help companies reduce operational costs, increase savings on investments, and improve businesses.

Based on the type, the consulting services segment is likely to develop at a major pace due to an increase in acceptance of procurement services across customers. This process helps companies save on significant capital.  By Geography, North America held a well-known contributor to the global procurement outsourcing services market due to the elevated response about the services among users and an increasing number of service providers in the region. 

Some of the key players profiled in the Procurement Outsourcing Services include Xchanging, WNS, Wipro Limited, Optimum Procurement, LLC, Infosys Ltd., IBM Corporation, HCL Technologies, GEP, Genpact Ltd., Corbus, Aquanima,  and Accenture Plc.

Types Covered:
• Consulting Services
• Business Process Outsourcing Services

End Users Covered:
• Consumer Goods & Retail 
• Media & Entertainment 
• Logistics 
• Energy & Utilities 
• Building, Construction & Real Estate 
• Healthcare 
• Travel & Hospitality 
• Education 
• Automotive 
• Manufacturing 
• Professional Services 
• Banking, Financial Services and Insurance (BFSI)
• IT & Telecom 
• Other End Users  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players 
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segment, and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

1 Executive Summary    
      
2 Preface     
 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
      
3 Market Trend Analysis   
 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats    
 3.6 End User Analysis   
 3.7 Emerging Markets   
 3.8 Futuristic Market Scenario  
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes  
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Procurement Outsourcing Services Market, By Type
 5.1 Introduction   
 5.2 Consulting Services   
 5.3 Business Process Outsourcing Services 
  5.3.1 Procurement Management 
  5.3.2 Source Management 
  5.3.3 Supplier Management 
  5.3.4 Procure to Pay  
  5.3.5 Category Management 
      
6 Global Procurement Outsourcing Services Market, By End User
 6.1 Introduction   
 6.2 Consumer Goods & Retail  
 6.3 Media & Entertainment  
 6.4 Logistics     
 6.5 Energy & Utilities    
 6.6 Building, Construction & Real Estate 
 6.7 Healthcare    
 6.8 Travel & Hospitality   
 6.9 Education   
 6.10 Automotive    
 6.11 Manufacturing    
 6.12 Professional Services   
 6.13 Banking, Financial Services and Insurance (BFSI)
 6.14 IT & Telecom    
 6.15 Other End Users    
  6.15.1 Paper & Pulp  
  6.15.2 Defense   
      
7 Global Procurement Outsourcing Services Market, By Geography
 7.1 Introduction   
 7.2 North America   
  7.2.1 US   
  7.2.2 Canada   
  7.2.3 Mexico   
 7.3 Europe    
  7.3.1 Germany   
  7.3.2 UK   
  7.3.3 Italy   
  7.3.4 France   
  7.3.5 Spain   
  7.3.6 Rest of Europe  
 7.4 Asia Pacific   
  7.4.1 Japan   
  7.4.2 China   
  7.4.3 India   
  7.4.4 Australia   
  7.4.5 New Zealand  
  7.4.6 South Korea  
  7.4.7 Rest of Asia Pacific  
 7.5 South America   
  7.5.1 Argentina  
  7.5.2 Brazil   
  7.5.3 Chile   
  7.5.4 Rest of South America 
 7.6 Middle East & Africa  
  7.6.1 Saudi Arabia  
  7.6.2 UAE   
  7.6.3 Qatar   
  7.6.4 South Africa  
  7.6.5 Rest of Middle East & Africa 
      
8 Key Developments    
 8.1 Agreements, Partnerships, Collaborations and Joint Ventures
 8.2 Acquisitions & Mergers  
 8.3 New Product Launch  
 8.4 Expansions   
 8.5 Other Key Strategies  
      
9 Company Profiling    
 9.1 Xchanging   
 9.2 WNS    
 9.3 Wipro Limited   
 9.4 Optimum Procurement  
 9.5 LLC    
 9.6 Infosys Ltd.    
 9.7 IBM Corporation   
 9.8 HCL Technologies   
 9.9 GEP    
 9.10 Genpact Ltd.   
 9.11 Corbus    
 9.12 Aquanima   
 9.13 Accenture Plc         


List of Tables     
1 Global Procurement Outsourcing Services Market Outlook, By Region (2016-2026) (US $MN)
2 Global Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
3 Global Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
4 Global Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
5 Global Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
6 Global Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
7 Global Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
8 Global Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
9 Global Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
10 Global Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
11 Global Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
12 Global Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
13 Global Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
14 Global Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
15 Global Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
16 Global Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
17 Global Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
18 Global Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
19 Global Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
20 Global Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
21 Global Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
22 Global Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
23 Global Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
24 Global Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
25 Global Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
26 Global Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)
27 North America Procurement Outsourcing Services Market Outlook, By Country (2016-2026) (US $MN)
28 North America Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
29 North America Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
30 North America Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
31 North America Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
32 North America Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
33 North America Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
34 North America Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
35 North America Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
36 North America Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
37 North America Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
38 North America Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
39 North America Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
40 North America Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
41 North America Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
42 North America Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
43 North America Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
44 North America Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
45 North America Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
46 North America Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
47 North America Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
48 North America Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
49 North America Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
50 North America Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
51 North America Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
52 North America Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)
53 Europe Procurement Outsourcing Services Market Outlook, By Country (2016-2026) (US $MN)
54 Europe Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
55 Europe Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
56 Europe Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
57 Europe Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
58 Europe Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
59 Europe Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
60 Europe Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
61 Europe Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
62 Europe Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
63 Europe Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
64 Europe Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
65 Europe Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
66 Europe Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
67 Europe Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
68 Europe Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
69 Europe Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
70 Europe Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
71 Europe Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
72 Europe Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
73 Europe Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
74 Europe Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
75 Europe Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
76 Europe Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
77 Europe Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
78 Europe Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)
79 Asia Pacific Procurement Outsourcing Services Market Outlook, By Country (2016-2026) (US $MN)
80 Asia Pacific Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
81 Asia Pacific Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
82 Asia Pacific Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
83 Asia Pacific Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
84 Asia Pacific Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
85 Asia Pacific Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
86 Asia Pacific Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
87 Asia Pacific Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
88 Asia Pacific Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
89 Asia Pacific Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
90 Asia Pacific Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
91 Asia Pacific Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
92 Asia Pacific Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
93 Asia Pacific Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
94 Asia Pacific Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
95 Asia Pacific Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
96 Asia Pacific Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
97 Asia Pacific Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
98 Asia Pacific Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
99 Asia Pacific Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
100 Asia Pacific Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
101 Asia Pacific Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
102 Asia Pacific Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
103 Asia Pacific Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
104 Asia Pacific Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)
105 South America Procurement Outsourcing Services Market Outlook, By Country (2016-2026) (US $MN)
106 South America Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
107 South America Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
108 South America Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
109 South America Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
110 South America Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
111 South America Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
112 South America Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
113 South America Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
114 South America Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
115 South America Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
116 South America Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
117 South America Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
118 South America Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
119 South America Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
120 South America Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
121 South America Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
122 South America Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
123 South America Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
124 South America Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
125 South America Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
126 South America Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
127 South America Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
128 South America Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
129 South America Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
130 South America Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)
131 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Country (2016-2026) (US $MN)
132 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Type (2016-2026) (US $MN)
133 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Consulting Services (2016-2026) (US $MN)
134 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Business Process Outsourcing Services (2016-2026) (US $MN)
135 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Procurement Management (2016-2026) (US $MN)
136 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Source Management (2016-2026) (US $MN)
137 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Supplier Management (2016-2026) (US $MN)
138 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Procure to Pay (2016-2026) (US $MN)
139 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Category Management (2016-2026) (US $MN)
140 Middle East & Africa Procurement Outsourcing Services Market Outlook, By End User (2016-2026) (US $MN)
141 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Consumer Goods & Retail (2016-2026) (US $MN)
142 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Media & Entertainment (2016-2026) (US $MN)
143 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Logistics (2016-2026) (US $MN)
144 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Energy & Utilities (2016-2026) (US $MN)
145 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Building, Construction & Real Estate (2016-2026) (US $MN)
146 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Healthcare (2016-2026) (US $MN)
147 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Travel & Hospitality (2016-2026) (US $MN)
148 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Education (2016-2026) (US $MN)
149 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Automotive (2016-2026) (US $MN)
150 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Manufacturing (2016-2026) (US $MN)
151 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Professional Services (2016-2026) (US $MN)
152 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2016-2026) (US $MN)
153 Middle East & Africa Procurement Outsourcing Services Market Outlook, By IT & Telecom  (2016-2026) (US $MN)
154 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Other End Users  (2016-2026) (US $MN)
155 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Paper & Pulp (2016-2026) (US $MN)
156 Middle East & Africa Procurement Outsourcing Services Market Outlook, By Defense (2016-2026) (US $MN)

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