Report Detail
Global Procurement Outsourcing Market Size, Status and Forecast 2019-2025
- RnM3123949 |
- 15 March, 2019 |
- Global |
- 96 Pages |
- QYResearch |
- Service & Software
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.
Cost reduction is the top priority for CPOs as they look to sustain business growth in a slowing market.
Demand for impactful procurement continues to run high, both in terms of managing cost as well as unleashing the potential of the supply market to differentiate business performance. However the traditional constraints of manpower, expertise, and policy driven process are inhibiting.
Cycle times need to be shorter, insight needs to be richer and more agile, and performance needs to be more transparent and efficient.
Whether it's cognitive analytics to redefine scenario analysis, crowdsourcing to improve reach and creativity, or mobile analytics to unlock real-time performance management, the potential for these digital solutions to transform the procurement value proposition is considerable. Digital solutions should be embraced by CPOs and harnessed to greatly improve the function's accuracy, speed of execution, and relevance to the greatest business challenges.
In 2018, the global Procurement Outsourcing market size was 2820 million US$ and it is expected to reach 6830 million US$ by the end of 2025, with a CAGR of 11.7% during 2019-2025.
This report focuses on the global Procurement Outsourcing status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Procurement Outsourcing development in United States, Europe and China.
The key players covered in this study
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
Market segment by Type, the product can be split into
Direct Procurement
Indirect Procurement
Market segment by Application, split into
CPG and Retail
BFSI Sector
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Procurement Outsourcing status, future forecast, growth opportunity, key market and key players.
To present the Procurement Outsourcing development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Procurement Outsourcing are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Table of Contents
1 Report Overview
- 1.1 Study Scope
- 1.2 Key Market Segments
- 1.3 Players Covered
- 1.4 Market Analysis by Type
- 1.4.1 Global Procurement Outsourcing Market Size Growth Rate by Type (2014-2025)
- 1.4.2 Direct Procurement
- 1.4.3 Indirect Procurement
- 1.5 Market by Application
- 1.5.1 Global Procurement Outsourcing Market Share by Application (2014-2025)
- 1.5.2 CPG and Retail
- 1.5.3 BFSI Sector
- 1.6 Study Objectives
- 1.7 Years Considered
2 Global Growth Trends
- 2.1 Procurement Outsourcing Market Size
- 2.2 Procurement Outsourcing Growth Trends by Regions
- 2.2.1 Procurement Outsourcing Market Size by Regions (2014-2025)
- 2.2.2 Procurement Outsourcing Market Share by Regions (2014-2019)
- 2.3 Industry Trends
- 2.3.1 Market Top Trends
- 2.3.2 Market Drivers
- 2.3.3 Market Opportunities
3 Market Share by Key Players
- 3.1 Procurement Outsourcing Market Size by Manufacturers
- 3.1.1 Global Procurement Outsourcing Revenue by Manufacturers (2014-2019)
- 3.1.2 Global Procurement Outsourcing Revenue Market Share by Manufacturers (2014-2019)
- 3.1.3 Global Procurement Outsourcing Market Concentration Ratio (CR5 and HHI)
- 3.2 Procurement Outsourcing Key Players Head office and Area Served
- 3.3 Key Players Procurement Outsourcing Product/Solution/Service
- 3.4 Date of Enter into Procurement Outsourcing Market
- 3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type and Application
- 4.1 Global Procurement Outsourcing Market Size by Type (2014-2019)
- 4.2 Global Procurement Outsourcing Market Size by Application (2014-2019)
5 United States
- 5.1 United States Procurement Outsourcing Market Size (2014-2019)
- 5.2 Procurement Outsourcing Key Players in United States
- 5.3 United States Procurement Outsourcing Market Size by Type
- 5.4 United States Procurement Outsourcing Market Size by Application
6 Europe
- 6.1 Europe Procurement Outsourcing Market Size (2014-2019)
- 6.2 Procurement Outsourcing Key Players in Europe
- 6.3 Europe Procurement Outsourcing Market Size by Type
- 6.4 Europe Procurement Outsourcing Market Size by Application
7 China
- 7.1 China Procurement Outsourcing Market Size (2014-2019)
- 7.2 Procurement Outsourcing Key Players in China
- 7.3 China Procurement Outsourcing Market Size by Type
- 7.4 China Procurement Outsourcing Market Size by Application
8 Japan
- 8.1 Japan Procurement Outsourcing Market Size (2014-2019)
- 8.2 Procurement Outsourcing Key Players in Japan
- 8.3 Japan Procurement Outsourcing Market Size by Type
- 8.4 Japan Procurement Outsourcing Market Size by Application
9 Southeast Asia
- 9.1 Southeast Asia Procurement Outsourcing Market Size (2014-2019)
- 9.2 Procurement Outsourcing Key Players in Southeast Asia
- 9.3 Southeast Asia Procurement Outsourcing Market Size by Type
- 9.4 Southeast Asia Procurement Outsourcing Market Size by Application
10 India
- 10.1 India Procurement Outsourcing Market Size (2014-2019)
- 10.2 Procurement Outsourcing Key Players in India
- 10.3 India Procurement Outsourcing Market Size by Type
- 10.4 India Procurement Outsourcing Market Size by Application
11 Central & South America
- 11.1 Central & South America Procurement Outsourcing Market Size (2014-2019)
- 11.2 Procurement Outsourcing Key Players in Central & South America
- 11.3 Central & South America Procurement Outsourcing Market Size by Type
- 11.4 Central & South America Procurement Outsourcing Market Size by Application
12 International Players Profiles
- 12.1 IBM
- 12.1.1 IBM Company Details
- 12.1.2 Company Description and Business Overview
- 12.1.3 Procurement Outsourcing Introduction
- 12.1.4 IBM Revenue in Procurement Outsourcing Business (2014-2019)
- 12.1.5 IBM Recent Development
- 12.2 Accenture
- 12.2.1 Accenture Company Details
- 12.2.2 Company Description and Business Overview
- 12.2.3 Procurement Outsourcing Introduction
- 12.2.4 Accenture Revenue in Procurement Outsourcing Business (2014-2019)
- 12.2.5 Accenture Recent Development
- 12.3 GEP
- 12.3.1 GEP Company Details
- 12.3.2 Company Description and Business Overview
- 12.3.3 Procurement Outsourcing Introduction
- 12.3.4 GEP Revenue in Procurement Outsourcing Business (2014-2019)
- 12.3.5 GEP Recent Development
- 12.4 Infosys
- 12.4.1 Infosys Company Details
- 12.4.2 Company Description and Business Overview
- 12.4.3 Procurement Outsourcing Introduction
- 12.4.4 Infosys Revenue in Procurement Outsourcing Business (2014-2019)
- 12.4.5 Infosys Recent Development
- 12.5 Capgemini
- 12.5.1 Capgemini Company Details
- 12.5.2 Company Description and Business Overview
- 12.5.3 Procurement Outsourcing Introduction
- 12.5.4 Capgemini Revenue in Procurement Outsourcing Business (2014-2019)
- 12.5.5 Capgemini Recent Development
- 12.6 Genpact
- 12.6.1 Genpact Company Details
- 12.6.2 Company Description and Business Overview
- 12.6.3 Procurement Outsourcing Introduction
- 12.6.4 Genpact Revenue in Procurement Outsourcing Business (2014-2019)
- 12.6.5 Genpact Recent Development
- 12.7 TCS
- 12.7.1 TCS Company Details
- 12.7.2 Company Description and Business Overview
- 12.7.3 Procurement Outsourcing Introduction
- 12.7.4 TCS Revenue in Procurement Outsourcing Business (2014-2019)
- 12.7.5 TCS Recent Development
- 12.8 Xchanging
- 12.8.1 Xchanging Company Details
- 12.8.2 Company Description and Business Overview
- 12.8.3 Procurement Outsourcing Introduction
- 12.8.4 Xchanging Revenue in Procurement Outsourcing Business (2014-2019)
- 12.8.5 Xchanging Recent Development
- 12.9 WNS
- 12.9.1 WNS Company Details
- 12.9.2 Company Description and Business Overview
- 12.9.3 Procurement Outsourcing Introduction
- 12.9.4 WNS Revenue in Procurement Outsourcing Business (2014-2019)
- 12.9.5 WNS Recent Development
13 Market Forecast 2019-2025
- 13.1 Market Size Forecast by Regions
- 13.2 United States
- 13.3 Europe
- 13.4 China
- 13.5 Japan
- 13.6 Southeast Asia
- 13.7 India
- 13.8 Central & South America
- 13.9 Market Size Forecast by Product (2019-2025)
- 13.10 Market Size Forecast by Application (2019-2025)
14 Analyst's Viewpoints/Conclusions
15 Appendix
- 15.1 Research Methodology
- 15.1.1 Methodology/Research Approach
- 15.1.1.1 Research Programs/Design
- 15.1.1.2 Market Size Estimation
- 12.1.1.3 Market Breakdown and Data Triangulation
- 15.1.2 Data Source
- 15.1.2.1 Secondary Sources
- 15.1.2.2 Primary Sources
- 15.1.1 Methodology/Research Approach
- 15.2 Disclaimer
Summary:
Get latest Market Research Reports on Procurement Outsourcing . Industry analysis & Market Report on Procurement Outsourcing is a syndicated market report, published as Global Procurement Outsourcing Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Procurement Outsourcing market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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