Procurement-as-a-Service Market Trends, Size, Share, Growth and Emerging Technologies-2029


Posted October 5, 2023 by shambhavimmr

Procurement-as-a-Service Market was valued at USD 3.4 Billion in 2022, and is expected to reach USD 5.30 Billion by 2029, exhibiting a CAGR of 6.5% during the forecast period (2023-2029)
 
Procurement-as-a-Service Market Overview:

For the Procurement-as-a-Service market analysis, a research team did thorough primary and secondary research. Secondary research was carried out to enhance the existing data, segment the market, estimate overall market size, predict the market size, and growth rate.

Market Scope:

Several methods for determining market value and market growth rate have been developed. Maximize research crew gathered market information and data from a variety of sources to present a more accurate regional view. The country-level analysis of the study is based on an examination of numerous regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic data.

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Segmentation:

by Component

1. Strategic Sourcing
2. Spend Management
3. Category Management
4. Process Management
5. Contract Management
6. Transaction Management

by Enterprise Size

1. SMEs
2. Large Enterprises

by End-Use Industry

1. IT & Telecom
2. Consumer Goods & Retail
3. Manufacturing
4. Energy & Utility
5. Healthcare
6. Hospitality & Tourism
7. Others

Key Players: The key players are

1. Accenture
2. Infosys
3. GEP
4. Genpact
5. Proxima
6. WNS Denali
7. Capgemini
8. IBM
9. Wipro
10. HCL Technologies
11. Tata Consultancy Services(TCS)
12. Xchanging
13. Aegis Components Inc.
14. Corbus LLC
15. Bain & Company
16. CA Technologies
17. Hewlett Packard Enterprise Development LP
18. Skybox Security Inc.
19. Palo Alto Networks, Inc
20. Cisco Systems, Inc.

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Regional Analysis:

A country-level study of the Procurement-as-a-Service Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Procurement-as-a-Service Market study.

COVID-19 Impact Analysis on Procurement-as-a-Service Market:

The study investigates macroeconomic data, market trends, underlying variables, and market attractiveness by segment. COVID-19 (Corona Virus) has an influence on the product industry chain, encompassing upstream and downstream markets, regions, and nations, as well as the future growth of the industry.

Key Questions Answered in the Procurement-as-a-Service Market Report are:

Which are the major players in the Procurement-as-a-Service market?
What key trends are likely to emerge in the Procurement-as-a-Service market in the coming years?
What will be the Procurement-as-a-Service market size?
Which company held the largest share in the Procurement-as-a-Service market?
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Tags procurementasaservice market share , procurementasaservice market size , procurementasaservice market analysis
Last Updated October 5, 2023