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Procurement Outsourcing Services Market Size, Share 2022
Procurement outsourcing services is a process wherein a company engages an external service provider to manage their core and non-core purchase transactions and expenditures.
This report contains market size and forecasts of Procurement Outsourcing Services in Global, including the following market information:
The global Procurement Outsourcing Services market was valued at 3116290 million in 2021 and is projected to reach US$ 5255410 million by 2028, at a CAGR of 7.8% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Category Management Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Procurement Outsourcing Services include Accenture, GEP, Genpact, Aquanima, Optimum Procurement, Corbus, Wipro, Infosys and HCL Technologies, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Procurement Outsourcing Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Procurement Outsourcing Services Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Procurement Outsourcing Services Market Segment Percentages, by Type, 2021 (%)
- Category Management
- Source Management
- Procurement Management
- Supplier Management
Global Procurement Outsourcing Services Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Procurement Outsourcing Services Market Segment Percentages, by Application, 2021 (%)
- BFSI
- Energy and Utilities
- Healthcare
- IT and Telecom
- Other
Global Procurement Outsourcing Services Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Procurement Outsourcing Services Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Procurement Outsourcing Services revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Procurement Outsourcing Services revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Accenture
- GEP
- Genpact
- Aquanima
- Optimum Procurement
- Corbus
- Wipro
- Infosys
- HCL Technologies
- WNS
- IBM Corporation
Report Attributes |
Report Details |
Report Title |
Procurement Outsourcing Services Market, Global Outlook and Forecast 2022-2028 |
Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year |
2021 |
Forecast Year |
2029 |
Number of Pages |
64 Pages |
Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Procurement Outsourcing Services Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Procurement Outsourcing Services Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Procurement Outsourcing Services Overall Market Size
2.1 Global Procurement Outsourcing Services Market Size: 2021 VS 2028
2.2 Global Procurement Outsourcing Services Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Procurement Outsourcing Services Players in Global Market
3.2 Top Global Procurement Outsourcing Services Companies Ranked by Revenue
3.3 Global Procurement Outsourcing Services Revenue by Companies
3.4 Top 3 and Top 5 Procurement Outsourcing Services Companies in Global Market, by Revenue in 2021
3.5 Global Companies Procurement Outsourcing Services Product Type
3.6 Tier 1, Tier 2 and Tier 3 Procurement Outsourcing Services Players in Global Market
3.6.1 List of Global Tier 1 Procurement Outsourcing Services Companies
3.6.2 List of Global Tier 2 and Tier 3 Procurement Outsourcing Services Companies
4 Market Sights by Product
4.1 Overview
4.1.1 by Type - Global Procurement Outsourcing Services Market Size Markets, 2021 & 2028
4.1.2 Category Management
4.1.3 Source Management
4.1.4 Procurement Management
4.1.5 Supplier Management
4.2 By Type - Global Procurement Outsourcing Services Revenue & Forecasts
4.2.1 By Type - Global Procurement Outsourcing Services Revenue, 2017-2022
4.2.2 By Type - Global Procurement Outsourcing Services Revenue, 2023-2028
4.2.3 By Type - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Procurement Outsourcing Services Market Size, 2021 & 2028
5.1.2 BFSI
5.1.3 Energy and Utilities
5.1.4 Healthcare
5.1.5 IT and Telecom
5.1.6 Other
5.2 By Application - Global Procurement Outsourcing Services Revenue & Forecasts
5.2.1 By Application - Global Procurement Outsourcing Services Revenue, 2017-2022
5.2.2 By Application - Global Procurement Outsourcing Services Revenue, 2023-2028
5.2.3 By Application - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
6 Sights by Region
6.1 By Region - Global Procurement Outsourcing Services Market Size, 2021 & 2028
6.2 By Region - Global Procurement Outsourcing Services Revenue & Forecasts
6.2.1 By Region - Global Procurement Outsourcing Services Revenue, 2017-2022
6.2.2 By Region - Global Procurement Outsourcing Services Revenue, 2023-2028
6.2.3 By Region - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
6.3 North America
6.3.1 By Country - North America Procurement Outsourcing Services Revenue, 2017-2028
6.3.2 US Procurement Outsourcing Services Market Size, 2017-2028
6.3.3 Canada Procurement Outsourcing Services Market Size, 2017-2028
6.3.4 Mexico Procurement Outsourcing Services Market Size, 2017-2028
6.4 Europe
6.4.1 By Country - Europe Procurement Outsourcing Services Revenue, 2017-2028
6.4.2 Germany Procurement Outsourcing Services Market Size, 2017-2028
6.4.3 France Procurement Outsourcing Services Market Size, 2017-2028
6.4.4 U.K. Procurement Outsourcing Services Market Size, 2017-2028
6.4.5 Italy Procurement Outsourcing Services Market Size, 2017-2028
6.4.6 Russia Procurement Outsourcing Services Market Size, 2017-2028
6.4.7 Nordic Countries Procurement Outsourcing Services Market Size, 2017-2028
6.4.8 Benelux Procurement Outsourcing Services Market Size, 2017-2028
6.5 Asia
6.5.1 By Region - Asia Procurement Outsourcing Services Revenue, 2017-2028
6.5.2 China Procurement Outsourcing Services Market Size, 2017-2028
6.5.3 Japan Procurement Outsourcing Services Market Size, 2017-2028
6.5.4 South Korea Procurement Outsourcing Services Market Size, 2017-2028
6.5.5 Southeast Asia Procurement Outsourcing Services Market Size, 2017-2028
6.5.6 India Procurement Outsourcing Services Market Size, 2017-2028
6.6 South America
6.6.1 By Country - South America Procurement Outsourcing Services Revenue, 2017-2028
6.6.2 Brazil Procurement Outsourcing Services Market Size, 2017-2028
6.6.3 Argentina Procurement Outsourcing Services Market Size, 2017-2028
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Procurement Outsourcing Services Revenue, 2017-2028
6.7.2 Turkey Procurement Outsourcing Services Market Size, 2017-2028
6.7.3 Israel Procurement Outsourcing Services Market Size, 2017-2028
6.7.4 Saudi Arabia Procurement Outsourcing Services Market Size, 2017-2028
6.7.5 UAE Procurement Outsourcing Services Market Size, 2017-2028
7 Players Profiles
7.1 Accenture
7.1.1 Accenture Corporate Summary
7.1.2 Accenture Business Overview
7.1.3 Accenture Procurement Outsourcing Services Major Product Offerings
7.1.4 Accenture Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.1.5 Accenture Key News
7.2 GEP
7.2.1 GEP Corporate Summary
7.2.2 GEP Business Overview
7.2.3 GEP Procurement Outsourcing Services Major Product Offerings
7.2.4 GEP Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.2.5 GEP Key News
7.3 Genpact
7.3.1 Genpact Corporate Summary
7.3.2 Genpact Business Overview
7.3.3 Genpact Procurement Outsourcing Services Major Product Offerings
7.3.4 Genpact Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.3.5 Genpact Key News
7.4 Aquanima
7.4.1 Aquanima Corporate Summary
7.4.2 Aquanima Business Overview
7.4.3 Aquanima Procurement Outsourcing Services Major Product Offerings
7.4.4 Aquanima Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.4.5 Aquanima Key News
7.5 Optimum Procurement
7.5.1 Optimum Procurement Corporate Summary
7.5.2 Optimum Procurement Business Overview
7.5.3 Optimum Procurement Procurement Outsourcing Services Major Product Offerings
7.5.4 Optimum Procurement Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.5.5 Optimum Procurement Key News
7.6 Corbus
7.6.1 Corbus Corporate Summary
7.6.2 Corbus Business Overview
7.6.3 Corbus Procurement Outsourcing Services Major Product Offerings
7.6.4 Corbus Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.6.5 Corbus Key News
7.7 Wipro
7.7.1 Wipro Corporate Summary
7.7.2 Wipro Business Overview
7.7.3 Wipro Procurement Outsourcing Services Major Product Offerings
7.7.4 Wipro Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.7.5 Wipro Key News
7.8 Infosys
7.8.1 Infosys Corporate Summary
7.8.2 Infosys Business Overview
7.8.3 Infosys Procurement Outsourcing Services Major Product Offerings
7.8.4 Infosys Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.8.5 Infosys Key News
7.9 HCL Technologies
7.9.1 HCL Technologies Corporate Summary
7.9.2 HCL Technologies Business Overview
7.9.3 HCL Technologies Procurement Outsourcing Services Major Product Offerings
7.9.4 HCL Technologies Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.9.5 HCL Technologies Key News
7.10 WNS
7.10.1 WNS Corporate Summary
7.10.2 WNS Business Overview
7.10.3 WNS Procurement Outsourcing Services Major Product Offerings
7.10.4 WNS Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.10.5 WNS Key News
7.11 IBM Corporation
7.11.1 IBM Corporation Corporate Summary
7.11.2 IBM Corporation Business Overview
7.11.3 IBM Corporation Procurement Outsourcing Services Major Product Offerings
7.11.4 IBM Corporation Procurement Outsourcing Services Revenue in Global Market (2017-2022)
7.11.5 IBM Corporation Key News
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Procurement Outsourcing Services Market Opportunities & Trends in Global Market
Table 2. Procurement Outsourcing Services Market Drivers in Global Market
Table 3. Procurement Outsourcing Services Market Restraints in Global Market
Table 4. Key Players of Procurement Outsourcing Services in Global Market
Table 5. Top Procurement Outsourcing Services Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Procurement Outsourcing Services Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Procurement Outsourcing Services Revenue Share by Companies, 2017-2022
Table 8. Global Companies Procurement Outsourcing Services Product Type
Table 9. List of Global Tier 1 Procurement Outsourcing Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Procurement Outsourcing Services Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type ? Global Procurement Outsourcing Services Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Procurement Outsourcing Services Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Procurement Outsourcing Services Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application ? Global Procurement Outsourcing Services Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Procurement Outsourcing Services Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Procurement Outsourcing Services Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region ? Global Procurement Outsourcing Services Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Procurement Outsourcing Services Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Procurement Outsourcing Services Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Procurement Outsourcing Services Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Procurement Outsourcing Services Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Procurement Outsourcing Services Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Procurement Outsourcing Services Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Procurement Outsourcing Services Revenue, (US$, Mn), 2023-2028
Table 30. Accenture Corporate Summary
Table 31. Accenture Procurement Outsourcing Services Product Offerings
Table 32. Accenture Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 33. GEP Corporate Summary
Table 34. GEP Procurement Outsourcing Services Product Offerings
Table 35. GEP Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 36. Genpact Corporate Summary
Table 37. Genpact Procurement Outsourcing Services Product Offerings
Table 38. Genpact Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 39. Aquanima Corporate Summary
Table 40. Aquanima Procurement Outsourcing Services Product Offerings
Table 41. Aquanima Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 42. Optimum Procurement Corporate Summary
Table 43. Optimum Procurement Procurement Outsourcing Services Product Offerings
Table 44. Optimum Procurement Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 45. Corbus Corporate Summary
Table 46. Corbus Procurement Outsourcing Services Product Offerings
Table 47. Corbus Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 48. Wipro Corporate Summary
Table 49. Wipro Procurement Outsourcing Services Product Offerings
Table 50. Wipro Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 51. Infosys Corporate Summary
Table 52. Infosys Procurement Outsourcing Services Product Offerings
Table 53. Infosys Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 54. HCL Technologies Corporate Summary
Table 55. HCL Technologies Procurement Outsourcing Services Product Offerings
Table 56. HCL Technologies Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 57. WNS Corporate Summary
Table 58. WNS Procurement Outsourcing Services Product Offerings
Table 59. WNS Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
Table 60. IBM Corporation Corporate Summary
Table 61. IBM Corporation Procurement Outsourcing Services Product Offerings
Table 62. IBM Corporation Procurement Outsourcing Services Revenue (US$, Mn), (2017-2022)
List of Figures
Figure 1. Procurement Outsourcing Services Segment by Type in 2021
Figure 2. Procurement Outsourcing Services Segment by Application in 2021
Figure 3. Global Procurement Outsourcing Services Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Procurement Outsourcing Services Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Procurement Outsourcing Services Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Procurement Outsourcing Services Revenue in 2021
Figure 8. By Type - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 9. By Application - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 10. By Region - Global Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 11. By Country - North America Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 12. US Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 16. Germany Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 17. France Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 24. China Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 28. India Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 30. Brazil Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Procurement Outsourcing Services Revenue Market Share, 2017-2028
Figure 33. Turkey Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Procurement Outsourcing Services Revenue, (US$, Mn), 2017-2028
Figure 37. Accenture Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. GEP Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Genpact Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. Aquanima Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. Optimum Procurement Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Corbus Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Wipro Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Infosys Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. HCL Technologies Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. WNS Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. IBM Corporation Procurement Outsourcing Services Revenue Year Over Year Growth (US$, Mn) & (2017-2022)