Services Procurement Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The Services Procurement Market size is expected to grow at an annual average of 10% during 2021-2027. The service procurement process helps organizations manage supply, ensure supply, and control operational activities in the business. It is used for comprehensive analysis, decision-making and reporting of information generated taking into account external personnel. Control spending by improving employee visibility and MSP management. This service is widely applied in various banking, financial services and other sectors.

The following segmentation are covered in this report:

By Industry Vertical

• Banking, Financial Services, and Insurance
• Telecom and IT
• Manufacturing
• Retail and Consumer goods
• Government
• Healthcare and Life Sciences
• Transportation and Logistics
• Energy and Utilities
• Others (Education and Media & Entertainment)

By Deployment Type

• On-premises
• Cloud

By Organization Size

• Small and Medium-sized Enterprises (SMEs)
• Large enterprises

 Company Profile

• Accenture
• CAPGEMINI SE
• Corbus, LLC
• Genpact Ltd.
• GEP
• HCL Technologies
• IBM Corporation
• Infosys Ltd.
• Wipro Limited
• WNS (Holdings) Limited

The report covers the following objectives:

• Proliferation and maturation of trade in the global Services Procurement Market
• The market share of the global Services Procurement Market supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Services Procurement Market
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Services Procurement Market

Scope of the report

The research study analyses the ServiceS Procurement Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Services Procurement Market Report

• What was the Services Procurement Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of 10% Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Service Procurement Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.