Press release
Procurement Outsourcing Services Market Segmentation Application, Technology and Market Analysis Research Report to 2026
Procurement Outsourcing Services Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026 published by Transparency Market Research the global procurement outsourcing services market is expected to reach US$ 8,050.6 Mn by 2026, from US$ 2,819.2 Mn in 2017, expanding at a CAGR of 12.7% from 2018 to 2026. According to the report, the global market is expected to continue to be influenced by a range of macroeconomic and industry-specific factors. North America is anticipated to continue to be at the forefront in generating demand for procurement outsourcing services, with the market in the region estimated to expand at a CAGR of 12.7% during the forecast period. Technological advancements, increased digitization, and presence of a large number of procurement outsourcing services providers in the region are anticipated to drive the procurement outsourcing services market in North America.Competitive market dynamics
The research study includes profiles of leading companies operating in the global procurement outsourcing services market. The profiles include details on company business overview, broad financial overview, business strategies, and recent developments. Key players operating in the procurement outsourcing services market profiled in the study are GEP, Genpact Ltd., Wipro Limited, Infosys Ltd., HCL Technologies, Aquanima, Optimum Procurement, Corbus, LLC, WNS, IBM Corporation, and Xchanging.
Get sample copy of “Procurement Outsourcing Services Market” at: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=61011
Market Segmentation
Procurement Outsourcing Services Market, by Component
– Business Process Outsourcing Services
– Category Management
– Source Management
– Procurement Management
– Supplier Management
– Procure to Pay
Procurement Outsourcing Services Market, by Industry
- Banking, Financial Services, and Insurance (BFSI)
- Energy & Utilities
- Oil & Gas
- Power Generation
- Water
- Healthcare
- Pharmaceuticals
- Biotechnology
- IT & Telecom
- Professional Services
- Manufacturing
- Automotive
- Consumer Goods
- Industrial
- Electronics
- Retail
- Logistics
- Others (Defense, Paper & Pulp)
Manufacturing and BFSI industries and stringent regulatory guidelines to drive the global procurement outsourcing services market
Increase in adoption of new IT solutions with modern consumer trends in different organizations and rise in emphasis on business process automation are expected to boost the growth of the procurement outsourcing services market in the next few years. Moreover, increase in demand for procurement services from the manufacturing and BFSI industries is expected to fuel the growth of the market in the near future. Companies are increasingly adopting procurement outsourcing services, which are outsourced by third-party vendors, to reduce their operational costs and increase their revenues. This is likely to propel the growth of the market during the forecast period.
In terms of growth, both North America and Europe are mature markets for procurement outsourcing services due to high awareness about the services among users and rising number of service providers in the region. The procurement outsourcing services market in Asia Pacific is expected to expand at a robust pace during the forecast period. Rise in penetration of technology as well as significant investments for optimal utilization of procurement software and services across countries such as the U.S., U.K., Germany, France, China, India, and Brazil are anticipated to offer lucrative opportunities to the procurement outsourcing services providers in the near future.
Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=61011
Research objectives:-
– To study and analyze the global Procurement Outsourcing Services consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Procurement Outsourcing Services market by identifying its various sub-segments.
– Focuses on the key global Procurement Outsourcing Services manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Procurement Outsourcing Services 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).
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Procurement Outsourcing Services Market Segmentation Application, Technology and Market Analysis Research Report to 2026 here
News-ID: 2302464 • Views: …
More Releases from Transparency Market Research
Ultra High Voltage SiC Power Device Market for HVDC Transmission to Reach USD 74 …
The Ultra High Voltage (UHV) Silicon Carbide (SiC) Power Device Market for High Voltage Direct Current (HVDC) transmission is poised for transformative growth as global energy systems modernize. HVDC transmission systems are critical for long-distance, high-capacity power delivery, integrating renewable energy, and stabilizing grids. Ultra high voltage SiC devices-such as diodes, MOSFETs, and IGBTs-are key components that enable efficient and reliable HVDC operations due to their superior voltage handling, thermal…
Polyfluoroalkyl Substances (PFAS) Waste Management Market Set for Strong Growth, …
The Polyfluoroalkyl Substances (PFAS) Waste Management Market is experiencing rapid growth as governments, industries, and environmental organizations worldwide intensify efforts to address PFAS contamination. PFAS, often called "forever chemicals," are synthetic compounds widely used in non-stick coatings, firefighting foams, textiles, and various industrial applications. Their persistence in the environment and potential adverse health impacts have created an urgent need for efficient waste management, treatment, and remediation solutions. The market for…
Asia Pacific PU Screed Market Forecasted to Reach USD 806.3 Million by 2031
The Asia Pacific Polyurethane (PU) Screed Market is witnessing rapid growth as construction and industrial activities in the region expand. Polyurethane screeds are high-performance flooring solutions known for their durability, chemical resistance, and aesthetic appeal. Used extensively in industrial facilities, commercial spaces, hospitals, and warehouses, PU screeds are increasingly favored over traditional cementitious or epoxy flooring due to their superior mechanical and chemical properties. The Asia Pacific market is experiencing…
Ground Granulated Blast-furnace Slag (GGBFS) Market Growth to Hit USD 32.8 Billi …
The Ground Granulated Blast-Furnace Slag (GGBFS) market is witnessing significant growth, fueled by increasing demand for sustainable construction materials. GGBFS, produced by rapidly cooling molten slag from iron blast furnaces, is widely recognized for its cementitious properties. This makes it a critical supplementary cementitious material (SCM) that enhances the performance and sustainability of concrete. With a growing global emphasis on reducing carbon emissions, GGBFS is becoming an indispensable component in…
More Releases for Services
Managed Services by Ensure Services
Ensure Services is a leading managed services provider offering comprehensive IT support and solutions designed to streamline operations, improve efficiency, and reduce operational costs for businesses of all sizes. Our managed services are tailored to meet the unique needs of your organization, ensuring you can focus on your core business while we handle your IT infrastructure.
With years of experience and a team of certified professionals, we deliver proactive monitoring, ongoing…
Electrical Services Market Next Big Thing | Major Giants SSI Electrical Services …
A new business intelligence report released by AMA with title "Electrical Services Market" has abilities to raise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Electrical Services Market Report offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
North & South America Commercial Services Market 2022 (Employment Services, Offi …
The Business Research Company’s Commercial Services Global Market Report 2019 covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. Ratios of market size and growth to related markets, GDP proportions, and expenditure per capita for the market is detailed in the report. Data and analysis throughout the…
AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & …
Kunal Repair & Services is growing on-demand home services platform in India and we are currently operating in Gurgaon. We offer an array of services which include AC Services & Repair, Refrigerator Services & Repair, Washing Machine Services & Repair, R.O Services & Repair, Microwave Services & Repair, Geyser Services & Repair. Our operating philosophy for solving this massive problem is - Right price.
To know why we do what we…
Electrical Services Market Technology and Outlook 2023 Top Companies are Allianc …
A report added to the rich database of Qurate Business Intelligence, titled “Global Electrical Services Market Size, Status and Forecast 2023”, provides a 360-degree overview of the worldwide market. Approximations associated with the market values over the forecast period are based on empirical research and data collected through both primary and secondary sources. The authentic processes followed to exhibit various aspects of the market makes the data reliable in context…
Electrical Services Market Size 2018: Alliance Electrical Services, Housejoy, Te …
In 2017, the global Electrical Services market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR of during 2018-2025.
This report focuses on the global Electrical Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Electrical Services development in United States, Europe and China.
Get Sample Copy of this report @ http://www.orbisresearch.com/contacts/request-sample/2311492…
