Procurement Outsourcing Services Market
Procurement Outsourcing Services Market Scope:
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Procurement Outsourcing Services Market Size and Growth
The Procurement Outsourcing Services market is experiencing significant growth, driven by increasing demand for cost-efficiency and strategic sourcing. Estimated to reach USD 60 billion by 2025, market conditions indicate heightened interest in digital transformation and supplier collaboration. Organizations are prioritizing flexibility and expertise to enhance procurement functions and drive competitive advantage.
Companies Covered
(Covid 19 Impact Covered)
◍ Accenture
◍ GEP
◍ Genpact
◍ Aquanima
◍ Optimum Procurement
◍ Corbus
◍ Wipro
◍ Infosys
◍ HCL Technologies
◍ WNS
◍ IBM Corporation
The Procurement Outsourcing Services Market features key players like Accenture, GEP, and Genpact, enhancing efficiency through technology and expertise. Companies such as Wipro and Infosys integrate AI and analytics, driving growth. Their diverse services lead to improved cost savings and process optimization, boosting market expansion through innovation and strategic partnerships.
- Accenture: $50.53 billion
- Wipro: $10.42 billion
- Infosys: $16.31 billion
- Genpact: $4.60 billion
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Market Segmentation
By Application
BFSI
Energy and Utilities
Healthcare
IT and Telecom
Other
By Product
◍ Category Management
Source Management
Procurement Management
Supplier Management
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$ 107.18 Million
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