Extract:
Based on this comprehensive report published by Gravitas Market Insights, the Procurement As A Service market is said to witness a significant growth during the forecast years between 2021 and 2028. PAAS stands for procurement as a service, which is an outsourced procurement model that combines technology, manpower, and knowledge to manage a portion, if not all, of a company's procurement activity. The procurement as a service model has a positive impact on the bottom line, reduces risk, and allows organisations to focus on what matters most. The service provider normally follows a reporting portal to make the process transparent to the companies with which they deal.
Report Scope in detail:
This latest report edition of Procurement As A Service market has been added to our huge database of detailed reports and this envisions to shape the future of all the related businesses. Our team of learned research analysts have studied in-depth and curated the report based on several aspects which include the overview of the market, driving forces, growth rate, market trends, market size, opportunities and challenges of the market; along with detailed competitive analysis on the regional as well as global level. The Procurement As A Service market research report renders a thorough analysis of the market on a global aspect and aims on several market segmentation. This report also provides deeper perception into the latest trends of the market and pinpoints crucial product developments of the industry. Furthermore, the report collects numerous factors that have accredited to the growth of the market in the recent years.
Market Dynamics:
• Over the next six years, the global procurement as a service market is expected to grow in popularity.
• One of the most important factors driving the market's growth is the growing need among businesses to reduce procurement costs and streamline procurement processes.
• Another factor driving market expansion is the increased adoption of modern technologies such as artificial intelligence, the Internet of Things, and other technologies.
• With increasing global competition, supply chains are using modernised methods to boost productivity and improve corporate operations.
Procurement As A Service Market Segmentation:
By Organization
• SMEs
• Large Enterprises
By Component
• Process Management
• Strategic Sourcing
• Category Management
• Spend Management
• Contract Management
• Transactions Management
By Vertical
• Manufacturing
• IT & Telecom
• BFSI
• Healthcare
• Retail
• Others
Regional Coverage
• North America
o United States
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o Korea
o Australia
o Southeast Asia
o Rest of Asia-Pacific
• South America
o Brazil
o Argentina
o Colombia
o Rest of South America
• Middle East & Africa
o GCC
o South Africa
o Rest of Middle East & Africa
Competitive Analysis:
Eminent market players have been outlined in order to extract improved insights into the worldwide businesses. Our research reports offer all-inclusive information on various top most manufacturers that are operational across global regions. We provide company profiles which include detailed overview of the company, business information, business performance, crucial strategies implemented through the years.
Few of the Key Players Covered in Our Report:
• Aegis
• Accenture
• IBM
• HCL Technologies Ltd.
• Genpact
• GEP
• Wipro
• Infosys
• WNS (Holdings) Ltd.
• Tata Consultancy Services Limited
Impact of COVID19:
The COVID19 pandemic crippled the global economy, it resulted in a worldwide lockdown and this has majorly impacted numerous industries. Our industry experts are working round-the-clock to identify, accumulate and in-time deliver market analysis due to the effect of unprecedented decisions in COVID-19 repercussions on many businesses. The full version of this report will comprise the overall impact of the pandemic, and predicted alteration on the future outlook of the industry, by taking into the account the economic, political, technological and social parameters.
Section 1: Executive Summary
1.1. Procurement As A Service Market Industry 360° outline, Year 2016 - 2028
1.2. Business Model Trends
1.3. Growth Trends
1.4. End-User/Component Trends
1.5. Regional Trends
Section 2: Market Dynamics - Procurement As A Service Market Industry Insights
2.1. Growth Drivers
2.2. Opportunities
2.3. Industry challenges
2.4. SWOT Analysis
2.5. Porter's Analysis
2.6. Worldwide Industry Landscape, Year 2016 - 2028
2.7. Industry Segmentation
2.8. Technology & Invention landscape
2.9. Regional Landscape
2.9.1. North America
2.9.2. Europe
2.9.3. Asia-Pacific
2.9.4. South America
2.9.5. Middle East & Africa
2.10. Competitive Environment
Section 3: Global Procurement As A Service Market, By Organization
3.1. Segmentation Analysis, By Organization , 2016-2028
3.2. Market Share Segmentation Analysis, By Organization , 2016-2028
3.3. SMEs
3.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
3.4. Large Enterprises
3.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 4: Global Procurement As A Service Market, By Component
4.1. Segmentation Analysis, By Component, 2016-2028
4.2. Market Share Segmentation Analysis, By Component, 2016-2028
4.3. Process Management
4.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.4. Strategic Sourcing
4.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.5. Category Management
4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.6. Spend Management
4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.7. Contract Management
4.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
4.8. Transactions Management
4.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 5: Global Procurement As A Service Market, By Vertical
5.1. Segmentation Analysis, By Vertical, 2016-2028
5.2. Market Share Segmentation Analysis, By Vertical, 2016-2028
5.3. Manufacturing
5.3.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.4. IT & Telecom
5.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.5. BFSI
5.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.6. Healthcare
5.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.7. Retail
5.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
5.8. Others
5.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 6: Global Procurement As A Service Market, Regional Analysis
6.1. Global Procurement As A Service Market, Regional Analysis
6.2. North America, Country level Analysis
6.2.1. North America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Organization , 2016 - 2028
6.2.2. North America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.2.3. North America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Vertical, 2016 - 2028
6.2.4. United States
6.2.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.2.5. Canada
6.2.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.2.6. Mexico
6.2.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3. Europe Country level Analysis
6.3.1. Europe Procurement As A Service Market estimates and forecast with Growth rate analysis, By Organization , 2016 - 2028
6.3.2. Europe Procurement As A Service Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.3.3. Europe Procurement As A Service Market estimates and forecast with Growth rate analysis, By Vertical, 2016 - 2028
6.3.4. UK
6.3.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.5. Germany
6.3.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.6. France
6.3.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.7. Italy
6.3.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.8. Spain
6.3.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.9. Russia
6.3.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.3.10. Rest of Europe
6.3.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4. Asia-Pacific Country level Analysis
6.4.1. Asia-Pacific Procurement As A Service Market estimates and forecast with Growth rate analysis, By Organization , 2016 - 2028
6.4.2. Asia-Pacific Procurement As A Service Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.4.3. Asia-Pacific Procurement As A Service Market estimates and forecast with Growth rate analysis, By Vertical, 2016 - 2028
6.4.4. China
6.4.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.5. India
6.4.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.6. Japan
6.4.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.7. Korea
6.4.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.8. Australia
6.4.8.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.9. Southeast Asia
6.4.9.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.4.10. Rest of Asia-Pacific
6.4.10.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5. South America Country level Analysis
6.5.1. South America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Organization , 2016 - 2028
6.5.2. South America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.5.3. South America Procurement As A Service Market estimates and forecast with Growth rate analysis, By Vertical, 2016 - 2028
6.5.4. Brazil
6.5.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.5. Argentina
6.5.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.6. Colombia
6.5.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.5.7. Rest of South America
6.5.7.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6. Middle East & Africa Country level Analysis
6.6.1. MEA Procurement As A Service Market estimates and forecast with Growth rate analysis, By Organization , 2016 - 2028
6.6.2. MEA Procurement As A Service Market estimates and forecast with Growth rate analysis, By Component, 2016 - 2028
6.6.3. MEA Procurement As A Service Market estimates and forecast with Growth rate analysis, By Vertical, 2016 - 2028
6.6.4. GCC
6.6.4.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6.5. South Africa
6.6.5.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
6.6.6. Rest of Middle East & Africa
6.6.6.1. Market estimates and forecast with Growth rate analysis, 2016 - 2028
Section 7: Company Profile - Procurement As A Service Market
7.1. Aegis
7.1.1. Business Overview
7.1.2. Product & Service Offering
7.1.3. Overall Revenue
7.1.4. Strategic Outlook
7.2. Accenture
7.2.1. Business Overview
7.2.2. Product & Service Offering
7.2.3. Overall Revenue
7.2.4. Strategic Outlook
7.3. IBM
7.3.1. Business Overview
7.3.2. Product & Service Offering
7.3.3. Overall Revenue
7.3.4. Strategic Outlook
7.4. HCL Technologies Ltd.
7.4.1. Business Overview
7.4.2. Product & Service Offering
7.4.3. Overall Revenue
7.4.4. Strategic Outlook
7.5. Genpact
7.5.1. Business Overview
7.5.2. Product & Service Offering
7.5.3. Overall Revenue
7.5.4. Strategic Outlook
7.6. GEP
7.6.1. Business Overview
7.6.2. Product & Service Offering
7.6.3. Overall Revenue
7.6.4. Strategic Outlook
7.7. Wipro
7.7.1. Business Overview
7.7.2. Product & Service Offering
7.7.3. Overall Revenue
7.7.4. Strategic Outlook
7.8. Infosys
7.8.1. Business Overview
7.8.2. Product & Service Offering
7.8.3. Overall Revenue
7.8.4. Strategic Outlook
7.9. WNS (Holdings) Ltd.
7.9.1. Business Overview
7.9.2. Product & Service Offering
7.9.3. Overall Revenue
7.9.4. Strategic Outlook
7.10. Tata Consultancy Services Limited
7.10.1. Business Overview
7.10.2. Product & Service Offering
7.10.3. Overall Revenue
7.10.4. Strategic Outlook
*Market size and forecast will be provided from 2016-2028, and forecast period would be 2021-2028
*Details on financial performance and strategic moves and developments may not be captured for unlisted companies
*List of companies profiled in this TOC is tentative and may change after detailed analysis
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