Pune, Feb. 11, 2023 (GLOBE NEWSWIRE) -- The global Procurement Outsourcing Market 2023 research report provides an in-depth analysis of market size, share, growth, trends, and forecast. The Procurement Outsourcing Market includes a detailed description of market sizing and growth, value, and the key opportunities in the Procurement Outsourcing Market and outlines the factors that are and will be driving the growth of the industry taking into consideration the previous growth patterns with the forecast period 2023-2028. The Procurement Outsourcing Market research report provides insight into the main drivers, challenges, opportunities, and risks of the market. Key players are profiled as well with their market shares in the global Procurement Outsourcing Market discussed. Overall, this report covers the historical situation, present status, and future prospects. The Procurement Outsourcing Market research report encompasses research methodologies, porter’s five forces analysis, product scope, and CAGR status. Finally, the report offers a quantitative analysis of key countries according to their revenue share and the latest technological advancements in each region.
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In the past few years, the Procurement Outsourcing market experienced a huge change under the influence of COVID-19, the global market size of Procurement Outsourcing reached 1750 million $ in 2021 from 1490 in 2016 with a CAGR of 3.27% from 2016-2021
Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover and partially adapted to pandemic restrictions. The research and development of vaccines have made breakthrough progress, and many governments have also issued various policies to stimulate economic recovery, particularly in the United States, is likely to provide a strong boost to economic activity but prospects for sustainable growth vary widely between countries and sectors. Although the global economy is recovering from the great depression caused by COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has exacerbated the risks associated with the decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade.
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The world has entered the COVID-19 epidemic recovery period. In this complex economic environment, we published the Global Procurement Outsourcing Market Status, Trends, and COVID-19 Impact Report 2022, which provides a comprehensive analysis of the global Procurement Outsourcing market, This Report covers the manufacturer data, including sales volume, price, revenue, gross margin, business distribution, etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows the regional development status, including market size, volume, and value, as well as price data. Besides, the report also covers segment data, including type-wise, industry-wise, channel-wise, etc. all the data period is from 2016-2021, this report also provides forecast data from 2022-2027.
Global Procurement Outsourcing Market: Segment Analysis
The research report includes specific segments by region (country), company, type, and application. This study provides information about the sales and revenue during the historic and forecasted period
Types: -
- Direct Sales, Distribution Channel
Applications: -
- CPG and retail, BFSI sector, Manufacturing sector, Energy and utilities, Hi-tech and telecom
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Geographic Segmentation: -
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Major players in the global market include: -
- IBM
- Accenture
- GEP
- Infosys
- Capgemini
- Genpact
- TCS
- Xchanging
- WNS
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Key Benefits of Procurement Outsourcing Market Research: -
- Industry drivers, restraints, and opportunities covered in the study
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- Overview of the regional outlook of the Procurement Outsourcing Market
TOC of Procurement Outsourcing Market Research Report: -
Section 1 Procurement Outsourcing Market Overview
Section 2 Global Procurement Outsourcing Market Manufacturer Share
Section 3 Manufacturer Procurement Outsourcing Business Introduction
Section 4 Global Procurement Outsourcing Market Segmentation (By Region)
Section 5 Global Procurement Outsourcing Market Segmentation (by Product Type)
Section 6 Global Procurement Outsourcing Market Segmentation (by Application)
Section 7 Global Procurement Outsourcing Market Segmentation (by Channel)
Section 8 Procurement Outsourcing Market Forecast 2022-2027
Section 9 Procurement Outsourcing Application and Client Analysis
Section 10 Procurement Outsourcing Manufacturing Cost of Analysis
11.0 Raw Material Cost Analysis
12 Methodology and Data From
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