Procurement Outsourcing Global Market Report 2024

Description

Procurement outsourcing involves delegating specific critical procurement tasks related to sourcing and supplier management to a third-party service provider. This approach is employed by service providers to reduce their overall costs or allocate more time for businesses to focus on their core strengths.

The primary components of procurement outsourcing include solutions and services. A solution refers to a software application designed to help businesses automate the process of obtaining services from third-party vendors. The diverse enterprises engaged in this practice range from large enterprises to small and medium enterprises, utilizing on-premises and cloud solutions. The sectors benefiting from procurement outsourcing encompass banking, financial services, insurance (BFSI), energy and utilities, healthcare, IT and telecom, professional services, manufacturing, retail, logistics, and other industry verticals.

The procurement outsourcing market research report is one of a series of new reports from The Business Research Company that provides procurement outsourcing market statistics, including procurement outsourcing industry global market size, regional shares, competitors with procurement outsourcing market share, detailed procurement outsourcing market segments, market trends, and opportunities, and any further data you may need to thrive in the procurement outsourcing industry. This procurement outsourcing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The procurement outsourcing market size has grown rapidly in recent years. It will grow from $4.13 billion in 2023 to $4.78 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth observed in the historic period can be credited to factors such as cost efficiency, emphasis on core competencies, globalization, risk management, and flexible resource allocation.

The procurement outsourcing market size is expected to see rapid growth in the next few years. It will grow to $8.01 billion in 2028 at a compound annual growth rate (CAGR) of 13.8%. The anticipated growth in the forecast period can be ascribed to strategic sourcing, sustainability, and corporate social responsibility (CSR), resilience planning, the demand for specialized skills, as well as data security and compliance. Key trends expected during this period encompass digital transformation, technological advancements, agile and flexible procurement models, data analytics and business intelligence, and a heightened emphasis on strategic sourcing.

The anticipated growth of the e-commerce industry is set to drive the expansion of the procurement outsourcing market in the coming years. E-commerce, encompassing the online buying and selling of goods and services, utilizes procurement outsourcing for effective management of supplier contracts, ensuring compliance, and identifying opportunities for renegotiation. For example, in October 2023, as reported by the Boston Consulting Group Inc., e-commerce sales in Europe saw a 3% increase, while in the US and Asia, they recorded a 7% rise in 2022. Furthermore, the global e-commerce sector is projected to experience a 9% annual growth by 2027. Consequently, the burgeoning e-commerce industry is expected to be a catalyst for the growth of the procurement outsourcing market.

The escalating pace of urbanization is also poised to propel the expansion of the procurement outsourcing market in the future. Urbanization, marked by a rising proportion of the population residing in towns and cities, leads to the development and enlargement of urban areas as individuals migrate from rural to urban settings. Procurement outsourcing is utilized in urbanization processes to efficiently manage and streamline the acquisition of goods and services for expanding city populations, facilitating cost savings, process optimization, and improved strategic sourcing capabilities. As an illustration, in December 2022, the United Nations Conference on Trade and Development (UNCTAD) reported that the urban population's share was projected to reach 56.5% in 2021, with Africa experiencing a 4.6 percentage point increase during the same period. Thus, the increasing rate of urbanization serves as a driving force for the procurement outsourcing market.

The anticipated increase in privacy and security concerns is expected to impede the growth of the procurement outsourcing market. Organizations, especially in sensitive industries, are becoming more cautious about outsourcing their procurement processes to third-party providers due to apprehensions regarding potential breaches and unauthorized access to confidential procurement data. This wariness stems from the fear that such incidents could compromise sensitive information and disrupt the integrity of the supply chain. For instance, in 2023, according to the CISCO Data Privacy Benchmark Study 2023 by Cisco Systems Inc., a technology company based in the US, 95% of respondents consider privacy as a crucial business necessity, reflecting a notable increase from 90% in 2022. Moreover, 94% believe that customers are unlikely to make purchases from businesses lacking proper data protection. Additionally, the Cost of a Data Breach Report by International Business Machines Corporation in 2023 estimates the average cost of a data breach to reach $4.2 million. Consequently, the escalating privacy and security concerns are acting as a constraint on the growth of the procurement outsourcing market.

Leading companies in the procurement outsourcing market are actively developing innovative technologies to address industry challenges. One such example is the Coupa app marketplace, designed to connect customers with third-party solutions. The marketplace provides consumers with access to a diverse range of apps that enhance procurement operations' efficiency. For example, in August 2021, Coupa Software Inc., a US-based business spend management software company, introduced the Coupa app marketplace. The marketplace's apps cover various services, including procurement software, travel and expense management, contingent labor management, and contract administration. Notably, the Coupa App Marketplace is the first marketplace in the business service management (BSM) field to offer solutions that extend a customer's existing tech stack and enhance their BSM capabilities. This allows for seamless information sharing, workflow automation, and critical activities. The marketplace encompasses solutions ranging from supply chain analytics to supplier risk analysis, travel and expense management, and IT management, all designed to be adaptive, connected, and efficient.

In August 2023, International Business Machines (IBM) Corporation, a technology corporation based in the United States, successfully acquired Apptio Inc. for an undisclosed amount. This strategic acquisition is geared towards expanding IBM Corporation's product offerings and diversifying the automation products accessible to end-users. The move is aimed at strengthening IBM's IT automation portfolio, providing enterprises with a comprehensive technology management platform that facilitates optimization and automation of decisions across their IT environments. Apptio Inc., the acquired company, is a US-based provider of software-as-a-service applications and plays a crucial role in the supply chain of IT services, including offerings related to procurement outsourcing.

Major companies operating in the procurement outsourcing market report are Microsoft Corporation, Siemens AG, General Electric Company, Accenture PLC, International Business Machines Corporation, Ernst & Young LLP, SAP SE, Tata Consultancy Services Limited, Capgemini SE, Cognizant Technology Solutions Corporation, Infosys Limited, DXC Technology Company, Wipro Limited, HCL Technologies Limited, Rockwell Automation Inc., CGI Inc., Concentrix Services India Private Limited (CSIPL), GEP Worldwide, WNS Denali, JAGGAER, Corbus LLC, Aquanima SA, Xchanging Solutions Limited, Intetics Inc., Aegis One Consults Ltd.

North America was the largest region in the procurement outsourcing market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the procurement outsourcing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the procurement outsourcing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The procurement outsourcing market includes revenue earned by entities by providing services such as direct procurement, indirect procurement, goods procurement, and services procurement. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Procurement Outsourcing Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on procurement outsourcing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
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Where is the largest and fastest growing market for procurement outsourcing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The procurement outsourcing market global report from the Business Research Company answers all these questions and many more.

The report 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.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Component: Solution; Services
2) By Deployment: On-Premises; Cloud
3) By Enterprise Size: Large Enterprises; Small And Medium Enterprise
4) By Industry Verticals: Banking, Financial Services, And Insurance (BFSI); Energy And Utilities; Healthcare; IT And Telecom; Professional Services; Manufacturing; Retail; Logistics; Other Industry Verticals
Companies Mentioned: Microsoft Corporation; Siemens AG; General Electric Company; Accenture plc; International Business Machines Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r16317

1. Executive Summary

2. Procurement Outsourcing Market Characteristics

3. Procurement Outsourcing Market Trends And Strategies

4. Procurement Outsourcing Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Procurement Outsourcing Market Size and Growth

5.1. Global Procurement Outsourcing Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Procurement Outsourcing Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Procurement Outsourcing Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Procurement Outsourcing Market Segmentation

6.1. Global Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Solution
Services
6.2. Global Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
On-Premises
Cloud
6.3. Global Procurement Outsourcing Market, Segmentation By Enterprise Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Large Enterprises
Small And Medium Enterprise
6.4. Global Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Banking, Financial Services, And Insurance (BFSI)
Energy And Utilities
Healthcare
IT And Telecom
Professional Services
Manufacturing
Retail
Logistics
Other Industry Verticals

7. Procurement Outsourcing Market Regional And Country Analysis

7.1. Global Procurement Outsourcing Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Procurement Outsourcing Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Procurement Outsourcing Market

8.1. Asia-Pacific Procurement Outsourcing Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Procurement Outsourcing Market

9.1. China Procurement Outsourcing Market Overview
9.2. China Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Procurement Outsourcing Market

10.1. India Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Procurement Outsourcing Market

11.1. Japan Procurement Outsourcing Market Overview
11.2. Japan Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Procurement Outsourcing Market

12.1. Australia Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Procurement Outsourcing Market

13.1. Indonesia Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Procurement Outsourcing Market

14.1. South Korea Procurement Outsourcing Market Overview
14.2. South Korea Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Procurement Outsourcing Market

15.1. Western Europe Procurement Outsourcing Market Overview
15.2. Western Europe Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Procurement Outsourcing Market

16.1. UK Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Procurement Outsourcing Market

17.1. Germany Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Procurement Outsourcing Market

18.1. France Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Procurement Outsourcing Market

19.1. Italy Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Procurement Outsourcing Market

20.1. Spain Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Procurement Outsourcing Market

21.1. Eastern Europe Procurement Outsourcing Market Overview
21.2. Eastern Europe Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Procurement Outsourcing Market

22.1. Russia Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Procurement Outsourcing Market

23.1. North America Procurement Outsourcing Market Overview
23.2. North America Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Procurement Outsourcing Market

24.1. USA Procurement Outsourcing Market Overview
24.2. USA Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Procurement Outsourcing Market

25.1. Canada Procurement Outsourcing Market Overview
25.2. Canada Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Procurement Outsourcing Market

26.1. South America Procurement Outsourcing Market Overview
26.2. South America Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Procurement Outsourcing Market

27.1. Brazil Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Procurement Outsourcing Market

28.1. Middle East Procurement Outsourcing Market Overview
28.2. Middle East Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Procurement Outsourcing Market

29.1. Africa Procurement Outsourcing Market Overview
29.2. Africa Procurement Outsourcing Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Procurement Outsourcing Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Procurement Outsourcing Market, Segmentation By Industry Verticals, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Procurement Outsourcing Market Competitive Landscape And Company Profiles

30.1. Procurement Outsourcing Market Competitive Landscape
30.2. Procurement Outsourcing Market Company Profiles
- 30.2.1. Microsoft Corporation
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Siemens AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. General Electric Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Accenture plc
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. International Business Machines Corporation
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Procurement Outsourcing Market Other Major And Innovative Companies

31.1. Ernst & Young LLP
31.2. SAP SE
31.3. Tata Consultancy Services Limited
31.4. Capgemini SE
31.5. Cognizant Technology Solutions Corporation
31.6. Infosys Limited
31.7. DXC Technology Company
31.8. Wipro Limited
31.9. HCL Technologies Limited
31.10. Rockwell Automation Inc.
31.11. CGI Inc.
31.12. Concentrix Services India Private Limited (CSIPL)
31.13. GEP Worldwide
31.14. WNS Denali
31.15. JAGGAER

32. Global Procurement Outsourcing Market Competitive Benchmarking

33. Global Procurement Outsourcing Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Procurement Outsourcing Market

35. Procurement Outsourcing Market Future Outlook and Potential Analysis

35.1 Procurement Outsourcing Market In 2028 - Countries Offering Most New Opportunities
35.2 Procurement Outsourcing Market In 2028 - Segments Offering Most New Opportunities
35.3 Procurement Outsourcing Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer