Procurement Outsourcing Market Show at 12.1% CAGR to 2026 | IBM, Accenture, GEP, Infosys, Capgemini, Genpact

Global Procurement Outsourcing Market Growth Status and Outlook 2021-2026

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 latest study, the 2020 growth of Procurement Outsourcing will have significant change from previous year. By the most conservative estimates of global Procurement Outsourcing market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 3481.5 million in 2019. 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 US$ 5505 million by 2025.

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Companies Profiled in this report includes: IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging, WNS

This report presents a comprehensive overview, market shares, and growth opportunities of Procurement Outsourcing market by product type, application, key manufacturers and key regions and countries.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.

Direct Procurement

Indirect Procurement

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 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

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 IBM Company Information

11.1.2 IBM Procurement Outsourcing Product Offered

11.1.3 IBM Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2021)

11.1.4 IBM Main Business Overview

11.1.5 IBM Latest Developments

11.2 Accenture

11.2.1 Accenture Company Information

11.2.2 Accenture Procurement Outsourcing Product Offered

11.2.3 Accenture Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2021)

11.2.4 Accenture Main Business Overview

11.2.5 Accenture Latest Developments

11.3 GEP

11.3.1 GEP Company Information

11.3.2 GEP Procurement Outsourcing Product Offered

11.3.3 GEP Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2021)

11.3.4 GEP Main Business Overview

11.3.5 GEP Latest Developments

11.4 Infosys

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