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Global Procurement-As-A-Service Market Report 2024

Procurement-As-A-Service Global Market Report 2024 – By Component (Category Management, Contract Management, Transaction Management, Strategic Sourcing, Spend Management, Process Management), By Organization Size (Large Enterprise, Small And Medium Enterprises), By Vertical (Manufacturing, Retail And Consumer Packaged Goods, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunications, Energy And Utilities, Healthcare, Travel And Hospitality, Others Verticals) – Market Size, Trends, And Global Forecast 2024-2033

Procurement-As-A-Service Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : June 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Procurement-As-A-Service Market Definition And Segments

Procurement-as-a-Service (PaaS) is a business model where companies outsource their procurement processes to a third-party service provider. Under this arrangement, the service provider handles various aspects of the procurement lifecycle on behalf of the client organization, leveraging expertise, technology, and resources to optimize procurement operations. Procurement-as-a-Service enables organizations to access specialized procurement capabilities, improve operational efficiency, reduce costs, and enhance agility in responding to market dynamics, ultimately driving business value and competitive advantage.

The main components of procurement-as-a-service are category management, contract management, transaction management, strategic sourcing, spend management, and process management. Category management involves organizing and controlling different groups of products or services within a business to maximize efficiency and savings. Various organization sizes include large enterprises, small and medium enterprises in different verticals such as manufacturing, retail and consumer packaged goods, banking, financial services, and insurance (BFSI), information technology (IT) and telecommunications, energy and utilities, healthcare, travel, and hospitality, and others.

The procurement-as-a-service market covered in this report is segmented –

1) By Component: Category Management, Contract Management, Transaction Management, Strategic Sourcing, Spend Management, Process Management

2) By Organization Size: Large Enterprise, Small And Medium Enterprises

3) By Vertical: Manufacturing, Retail And Consumer Packaged Goods, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunications, Energy And Utilities, Healthcare, Travel And Hospitality, Others Verticals

The procurement-as-a-service market size has grown rapidly in recent years. It will grow from $6.00 billion in 2023 to $6.63 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to efficiency improvement, access to expertise, risk mitigation, time-to-market and supplier relationship management.

The procurement-as-a-service market size is expected to see rapid growth in the next few years. It will grow to $10.03 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to demand for cost optimization, shift towards sustainability, globalization and supply chain complexity, focus on supplier collaboration and focus on innovation. Major trends in the forecast period include integration of advanced technologies, customization and personalization, expansion into emerging markets, artificial intelligence (AI) and machine learning (ML) integration, and blockchain technology adoption.

The Impact Of Cloud Computing On The Procurement-As-A-Service Market

The rising adoption of cloud computing is expected to propel the growth of the procurement-as-a-service market going forward. Cloud computing is a technology that allows users to access and store data and programmers over the internet instead of on their computers. The rising adoption of cloud computing is attributed to scalability, allowing businesses to adjust resources according to their needs and save on costs easily. Procurement-as-a-Service leverages cloud computing to provide scalable and cost-effective solutions for organizations to optimize procurement processes, enhance collaboration with suppliers, and drive strategic value creation. For instance, in December 2023, according to Eurostat, a Luxembourg-based intergovernmental organization, around 42.5% of European Union enterprises used cloud computing in 2023, an increase of 4.2% compared to 2021. Therefore, the rising adoption of cloud computing is driving the growth of the procurement-as-a-service market.

Major companies operating in the procurement-as-a-service market report are Accenture plc; International Business Machines Corporation (IBM); Cisco Systems Inc.; Oracle Corporation; SAP SE; Jabil Inc.; Hewlett Packard Enterprise Company; Tata Consultancy Services Limited; Capgemini SE; Infosys Limited; HCL Technologies Limited; Wipro Limited; Palo Alto Networks Inc.; Bain & Company Inc.; Genpact Limited; GEP Worldwide; WNS Global Services; Coupa Software Inc; Zycus Inc.; Xchanging Limited; Simfoni Limited.; Ivalua Inc.; Corbus LLC; Scoutbee GmbH; Aegis Components Inc.

Innovation In Procurement-As-A-service With Supplier Collaboration And Relationship Management Solutions

Major companies operating in the procurement-as-a-service market focus on developing innovative solutions such as procurement service management platforms, to meet modern procurement processes' evolving needs and challenges. The procurement service management platform offers a comprehensive, user-centric solution enabling teams to reallocate employee time efficiently, manage risk effectively, and foster seamless collaboration across functions. For instance, in May 2022, Service Now Inc., a US-based software solutions provider, launched its new procurement service management. It helps in streamlining and enhancing procurement processes for businesses of all sizes. Procurement service management integrates seamlessly with existing ERP and procurement technologies to deliver faster time-to-value while providing real-time benchmarking of SLA risks at the task level, reporting of end-to-end SLAs at the procurement process level, and insights and embedded analytics to limit risk and rogue team behaviors.

Jabil Inc. Strengthens Procurement Capabilities With Acquisition Of ProcureAbility

In November 2023, Jabil Inc., a US-based procurement services company, acquired ProcureAbility for an undisclosed amount. This acquisition strategically aligns with Jabil's goal to enhance its supply chain and procurement capabilities to deliver enhanced, world-class procurement services. ProcureAbility is a US-based company that provides procurement and supply chain management services.

North America was the largest region in the procurement-as-a-service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the procurement-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the procurement-as-a-service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The procurement-as-a-service market includes revenues earned by entities through services such as strategic sourcing, spend management, contract management, process optimization, data analytics, and reporting. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The procurement-as-a-service market research report is one of a series of new reports from The Business Research Company that provides procurement-as-a-service market statistics, including procurement-as-a-service industry global market size, regional shares, competitors with a procurement-as-a-service market share, detailed procurement-as-a-service market segments, market trends and opportunities, and any further data you may need to thrive in the procurement-as-a-service industry. This procurement-as-a-service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Procurement-As-A-Service Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $6.63 billion
Revenue Forecast In 2033 $10.03 billion
Growth Rate CAGR of 10.9% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Component: Category Management, Contract Management, Transaction Management, Strategic Sourcing, Spend Management, Process Management
2) Organization Size: Large Enterprise, Small And Medium Enterprises
3) Vertical: Manufacturing, Retail And Consumer Packaged Goods, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunications, Energy And Utilities, Healthcare, Travel And Hospitality, Others Verticals
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled Accenture plc; International Business Machines Corporation (IBM); Cisco Systems Inc.; Oracle Corporation; SAP SE; Jabil Inc.; Hewlett Packard Enterprise Company; Tata Consultancy Services Limited; Capgemini SE; Infosys Limited; HCL Technologies Limited; Wipro Limited; Palo Alto Networks Inc.; Bain & Company Inc.; Genpact Limited; GEP Worldwide; WNS Global Services; Coupa Software Inc; Zycus Inc.; Xchanging Limited; Simfoni Limited.; Ivalua Inc.; Corbus LLC; Scoutbee GmbH; Aegis Components Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Procurement-As-A-Service Market Characteristics

    3. Procurement-As-A-Service Market Trends And Strategies

    4. Procurement-As-A-Service Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Procurement-As-A-Service Market Size and Growth

    5.1. Global Procurement-As-A-Service Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Procurement-As-A-Service Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Procurement-As-A-Service Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Procurement-As-A-Service Market Segmentation

    6.1. Global Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Category Management

    Contract Management

    Transaction Management

    Strategic Sourcing

    Spend Management

    Process Management

    6.2. Global Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Large Enterprise

    Small And Medium Enterprises

    6.3. Global Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Manufacturing

    Retail And Consumer Packaged Goods

    Banking, Financial Services, And Insurance (BFSI)

    Information Technology (IT) And Telecommunications

    Energy And Utilities

    Healthcare

    Travel And Hospitality

    Other Verticals

    7. Procurement-As-A-Service Market Regional And Country Analysis

    7.1. Global Procurement-As-A-Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Procurement-As-A-Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Procurement-As-A-Service Market

    8.1. Asia-Pacific Procurement-As-A-Service Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Procurement-As-A-Service Market

    9.1. China Procurement-As-A-Service Market Overview

    9.2. China Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Procurement-As-A-Service Market

    10.1. India Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Procurement-As-A-Service Market

    11.1. Japan Procurement-As-A-Service Market Overview

    11.2. Japan Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Procurement-As-A-Service Market

    12.1. Australia Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Procurement-As-A-Service Market

    13.1. Indonesia Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Procurement-As-A-Service Market

    14.1. South Korea Procurement-As-A-Service Market Overview

    14.2. South Korea Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Procurement-As-A-Service Market

    15.1. Western Europe Procurement-As-A-Service Market Overview

    15.2. Western Europe Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Procurement-As-A-Service Market

    16.1. UK Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Procurement-As-A-Service Market

    17.1. Germany Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Procurement-As-A-Service Market

    18.1. France Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Procurement-As-A-Service Market

    19.1. Italy Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Procurement-As-A-Service Market

    20.1. Spain Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Procurement-As-A-Service Market

    21.1. Eastern Europe Procurement-As-A-Service Market Overview

    21.2. Eastern Europe Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Procurement-As-A-Service Market

    22.1. Russia Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Procurement-As-A-Service Market

    23.1. North America Procurement-As-A-Service Market Overview

    23.2. North America Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Procurement-As-A-Service Market

    24.1. USA Procurement-As-A-Service Market Overview

    24.2. USA Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Procurement-As-A-Service Market

    25.1. Canada Procurement-As-A-Service Market Overview

    25.2. Canada Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Procurement-As-A-Service Market

    26.1. South America Procurement-As-A-Service Market Overview

    26.2. South America Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Procurement-As-A-Service Market

    27.1. Brazil Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Procurement-As-A-Service Market

    28.1. Middle East Procurement-As-A-Service Market Overview

    28.2. Middle East Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Procurement-As-A-Service Market

    29.1. Africa Procurement-As-A-Service Market Overview

    29.2. Africa Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Procurement-As-A-Service Market Competitive Landscape And Company Profiles

    30.1. Procurement-As-A-Service Market Competitive Landscape

    30.2. Procurement-As-A-Service Market Company Profiles

    30.2.1. Accenture plc

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. International Business Machines Corporation (IBM)

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Cisco Systems Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Oracle Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. SAP SE

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Procurement-As-A-Service Market Other Major And Innovative Companies

    31.1. Jabil Inc.

    31.2. Hewlett Packard Enterprise Company

    31.3. Tata Consultancy Services Limited

    31.4. Capgemini SE

    31.5. Infosys Limited

    31.6. HCL Technologies Limited

    31.7. Wipro Limited

    31.8. Palo Alto Networks Inc.

    31.9. Bain & Company Inc.

    31.10. Genpact Limited

    31.11. GEP Worldwide

    31.12. WNS Global Services

    31.13. Coupa Software Inc

    31.14. Zycus Inc.

    31.15. Xchanging Limited

    32. Global Procurement-As-A-Service Market Competitive Benchmarking

    33. Global Procurement-As-A-Service Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Procurement-As-A-Service Market

    35. Procurement-As-A-Service Market Future Outlook and Potential Analysis

    35.1 Procurement-As-A-Service Market In 2028 - Countries Offering Most New Opportunities

    35.2 Procurement-As-A-Service Market In 2028 - Segments Offering Most New Opportunities

    35.3 Procurement-As-A-Service Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Procurement-As-A-Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Procurement-As-A-Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Accenture plc Financial Performance
  • Table 75: International Business Machines Corporation (IBM) Financial Performance
  • Table 76: Cisco Systems Inc. Financial Performance
  • Table 77: Oracle Corporation Financial Performance
  • Table 78: SAP SE Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Procurement-As-A-Service Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Procurement-As-A-Service Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Procurement-As-A-Service Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Procurement-As-A-Service Market, Segmentation By Organization Size, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Procurement-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Accenture plc Financial Performance
  • Figure 75: International Business Machines Corporation (IBM) Financial Performance
  • Figure 76: Cisco Systems Inc. Financial Performance
  • Figure 77: Oracle Corporation Financial Performance
  • Figure 78: SAP SE Financial Performance
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Procurement Analytics Global Market Report 2024 – By Component (Solutions, Services), By Deployment Mode (Cloud, On-Premises), By End User (Retail and E-commerce, Manufacturing, Government and Defense, Healthcare and Life Sciences, Telecom and IT, Energy and Utilities, Banking, Financial Services, and Insurance, Other End Users), By Application (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management, Category Management) – Market Size, Trends, And Global Forecast 2024-2033
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Retail Sourcing And Procurement Market 2023 – By Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-To-Pay, Spend Analysis), By Service (Implementation, Consulting, Training And Support), By Deployment (On-Premise, Hybrid, Cloud), By End User (Small And Medium Enterprise (SME), Large Enterprise), And By Region, Opportunities And Strategies – Global Forecast To 2032
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Frequently Asked Questions

What is the definition of the procurement-as-a-service market?

Procurement-as-a-Service (PaaS) is a business model where companies outsource their procurement processes to a third-party service provider. Under this arrangement, the service provider handles various aspects of the procurement lifecycle on behalf of the client organization, leveraging expertise, technology, and resources to optimize procurement operations. Procurement-as-a-Service enables organizations to access specialized procurement capabilities, improve operational efficiency, reduce costs, and enhance agility in responding to market dynamics, ultimately driving business value and competitive advantage. For further insights on the procurement-as-a-service market, request a sample here

How will the procurement-as-a-service market drivers and restraints affect the procurement-as-a-service market dynamics? What forces will shape the procurement-as-a-service industry going forward?

The procurement-as-a-service market major growth driver - The Impact Of Cloud Computing On The Procurement-As-A-Service Market. For further insights on the procurement-as-a-service market, request a sample here

What is the forecast market size or the forecast market value of the procurement-as-a-service market?

The procurement-as-a-service market size has grown rapidly in recent years. It will grow from $6.00 billion in 2023 to $6.63 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to efficiency improvement, access to expertise, risk mitigation, time-to-market and supplier relationship management. The procurement-as-a-service market size is expected to see rapid growth in the next few years. It will grow to $10.03 billion in 2028 at a compound annual growth rate (CAGR) of 10.9%. The growth in the forecast period can be attributed to demand for cost optimization, shift towards sustainability, globalization and supply chain complexity, focus on supplier collaboration and focus on innovation. Major trends in the forecast period include integration of advanced technologies, customization and personalization, expansion into emerging markets, artificial intelligence (AI) and machine learning (ML) integration, and blockchain technology adoption. For further insights on the procurement-as-a-service market, request a sample here

How is the procurement-as-a-service market segmented?

The procurement-as-a-service market is segmented
1) By Component: Category Management, Contract Management, Transaction Management, Strategic Sourcing, Spend Management, Process Management
2) By Organization Size: Large Enterprise, Small And Medium Enterprises
3) By Vertical: Manufacturing, Retail And Consumer Packaged Goods, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunications, Energy And Utilities, Healthcare, Travel And Hospitality, Others VerticalsFor further insights on the procurement-as-a-service market, request a sample here

Which region has the largest share of the procurement-as-a-service market? What are the other regions covered in the report?

North America was the largest region in the procurement-as-a-service market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the procurement-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the procurement-as-a-service market, request a sample here.

Who are the major players in the procurement-as-a-service market?

Major companies operating in the procurement-as-a-service market report are Accenture plc, International Business Machines Corporation (IBM), Cisco Systems Inc., Oracle Corporation, SAP SE, Jabil Inc., Hewlett Packard Enterprise Company, Tata Consultancy Services Limited, Capgemini SE, Infosys Limited, HCL Technologies Limited, Wipro Limited, Palo Alto Networks Inc., Bain & Company Inc., Genpact Limited, GEP Worldwide, WNS Global Services, Coupa Software Inc, Zycus Inc., Xchanging Limited, Simfoni Limited., Ivalua Inc., Corbus LLC, Scoutbee GmbH, Aegis Components Inc. For further insights on the procurement-as-a-service market, request a sample here.

What are the key trends in the procurement-as-a-service market?

Major trend in the procurement-as-a-service market - Innovation In Procurement-As-A-service With Supplier Collaboration And Relationship Management Solutions. For further insights on the procurement-as-a-service market, request a sample here.

What are the major opportunities in the procurement-as-a-service market? What are the strategies for the procurement-as-a-service market?

For detailed insights on the major opportunities and strategies in the procurement-as-a-service market, request a sample here.

How does the procurement-as-a-service market relate to the overall economy and other similar markets?

For detailed insights on procurement-as-a-service market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the procurement-as-a-service industry?

For detailed insights on the mergers and acquisitions in the procurement-as-a-service industry, request a sample here.

What are the key dynamics influencing the procurement-as-a-service market growth? SWOT analysis of the procurement-as-a-service market.

For detailed insights on the key dynamics influencing the procurement-as-a-service market growth and SWOT analysis of the procurement-as-a-service industry, request a sample here.