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Global Indirect Procurement Outsourcing Market Research Report 2024
Synopsis
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
The global Indirect Procurement Outsourcing market was valued at US$ 2481.9 million in 2023 and is anticipated to reach US$ 3253.5 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
Indirect categories are all the goods and services that are bought by the company to enable its activity. This entails a wide scope, including marketing related services (media buying, agencies), IT related services (hardware, software), HR related services (recruitment agencies, training), facilities management and office services (Telecoms, furniture, cleaning, catering, printers), or utilities (gas, electricity, water)...etc.
This report aims to provide a comprehensive presentation of the global market for Indirect Procurement Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indirect Procurement Outsourcing.
Report Scope
The Indirect Procurement Outsourcing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Indirect Procurement Outsourcing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Indirect Procurement Outsourcing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
Segment by Type
Marketing Related Services
IT Related Services
HR Related Services
Facilities Management & Office Services
Others
Segment by Application
CPG & Retail
BFSI Sector
Manufacturing Sector
Energy & Utilities
Hi-Tech & Telecom
Healthcare & Pharma
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Indirect Procurement Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
The global Indirect Procurement Outsourcing market was valued at US$ 2481.9 million in 2023 and is anticipated to reach US$ 3253.5 million by 2030, witnessing a CAGR of 4.0% during the forecast period 2024-2030.
Indirect categories are all the goods and services that are bought by the company to enable its activity. This entails a wide scope, including marketing related services (media buying, agencies), IT related services (hardware, software), HR related services (recruitment agencies, training), facilities management and office services (Telecoms, furniture, cleaning, catering, printers), or utilities (gas, electricity, water)...etc.
This report aims to provide a comprehensive presentation of the global market for Indirect Procurement Outsourcing, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Indirect Procurement Outsourcing.
Report Scope
The Indirect Procurement Outsourcing market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Indirect Procurement Outsourcing market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Indirect Procurement Outsourcing companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
Segment by Type
Marketing Related Services
IT Related Services
HR Related Services
Facilities Management & Office Services
Others
Segment by Application
CPG & Retail
BFSI Sector
Manufacturing Sector
Energy & Utilities
Hi-Tech & Telecom
Healthcare & Pharma
Others
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Indirect Procurement Outsourcing companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Indirect Procurement Outsourcing Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Marketing Related Services
1.2.3 IT Related Services
1.2.4 HR Related Services
1.2.5 Facilities Management & Office Services
1.2.6 Others
1.3 Market by Application
1.3.1 Global Indirect Procurement Outsourcing Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 CPG & Retail
1.3.3 BFSI Sector
1.3.4 Manufacturing Sector
1.3.5 Energy & Utilities
1.3.6 Hi-Tech & Telecom
1.3.7 Healthcare & Pharma
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Indirect Procurement Outsourcing Market Perspective (2019-2030)
2.2 Indirect Procurement Outsourcing Growth Trends by Region
2.2.1 Global Indirect Procurement Outsourcing Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Indirect Procurement Outsourcing Historic Market Size by Region (2019-2024)
2.2.3 Indirect Procurement Outsourcing Forecasted Market Size by Region (2025-2030)
2.3 Indirect Procurement Outsourcing Market Dynamics
2.3.1 Indirect Procurement Outsourcing Industry Trends
2.3.2 Indirect Procurement Outsourcing Market Drivers
2.3.3 Indirect Procurement Outsourcing Market Challenges
2.3.4 Indirect Procurement Outsourcing Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Indirect Procurement Outsourcing Players by Revenue
3.1.1 Global Top Indirect Procurement Outsourcing Players by Revenue (2019-2024)
3.1.2 Global Indirect Procurement Outsourcing Revenue Market Share by Players (2019-2024)
3.2 Global Indirect Procurement Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Indirect Procurement Outsourcing Revenue
3.4 Global Indirect Procurement Outsourcing Market Concentration Ratio
3.4.1 Global Indirect Procurement Outsourcing Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Indirect Procurement Outsourcing Revenue in 2023
3.5 Indirect Procurement Outsourcing Key Players Head office and Area Served
3.6 Key Players Indirect Procurement Outsourcing Product Solution and Service
3.7 Date of Enter into Indirect Procurement Outsourcing Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Indirect Procurement Outsourcing Breakdown Data by Type
4.1 Global Indirect Procurement Outsourcing Historic Market Size by Type (2019-2024)
4.2 Global Indirect Procurement Outsourcing Forecasted Market Size by Type (2025-2030)
5 Indirect Procurement Outsourcing Breakdown Data by Application
5.1 Global Indirect Procurement Outsourcing Historic Market Size by Application (2019-2024)
5.2 Global Indirect Procurement Outsourcing Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Indirect Procurement Outsourcing Market Size (2019-2030)
6.2 North America Indirect Procurement Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Indirect Procurement Outsourcing Market Size by Country (2019-2024)
6.4 North America Indirect Procurement Outsourcing Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Indirect Procurement Outsourcing Market Size (2019-2030)
7.2 Europe Indirect Procurement Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Indirect Procurement Outsourcing Market Size by Country (2019-2024)
7.4 Europe Indirect Procurement Outsourcing Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Indirect Procurement Outsourcing Market Size (2019-2030)
8.2 Asia-Pacific Indirect Procurement Outsourcing Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Indirect Procurement Outsourcing Market Size by Region (2019-2024)
8.4 Asia-Pacific Indirect Procurement Outsourcing Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Indirect Procurement Outsourcing Market Size (2019-2030)
9.2 Latin America Indirect Procurement Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Indirect Procurement Outsourcing Market Size by Country (2019-2024)
9.4 Latin America Indirect Procurement Outsourcing Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Indirect Procurement Outsourcing Market Size (2019-2030)
10.2 Middle East & Africa Indirect Procurement Outsourcing Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Indirect Procurement Outsourcing Market Size by Country (2019-2024)
10.4 Middle East & Africa Indirect Procurement Outsourcing Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 IBM
11.1.1 IBM Company Detail
11.1.2 IBM Business Overview
11.1.3 IBM Indirect Procurement Outsourcing Introduction
11.1.4 IBM Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.1.5 IBM Recent Development
11.2 Accenture
11.2.1 Accenture Company Detail
11.2.2 Accenture Business Overview
11.2.3 Accenture Indirect Procurement Outsourcing Introduction
11.2.4 Accenture Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.2.5 Accenture Recent Development
11.3 GEP
11.3.1 GEP Company Detail
11.3.2 GEP Business Overview
11.3.3 GEP Indirect Procurement Outsourcing Introduction
11.3.4 GEP Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.3.5 GEP Recent Development
11.4 Infosys
11.4.1 Infosys Company Detail
11.4.2 Infosys Business Overview
11.4.3 Infosys Indirect Procurement Outsourcing Introduction
11.4.4 Infosys Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.4.5 Infosys Recent Development
11.5 Capgemini
11.5.1 Capgemini Company Detail
11.5.2 Capgemini Business Overview
11.5.3 Capgemini Indirect Procurement Outsourcing Introduction
11.5.4 Capgemini Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.5.5 Capgemini Recent Development
11.6 Genpact
11.6.1 Genpact Company Detail
11.6.2 Genpact Business Overview
11.6.3 Genpact Indirect Procurement Outsourcing Introduction
11.6.4 Genpact Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.6.5 Genpact Recent Development
11.7 TCS
11.7.1 TCS Company Detail
11.7.2 TCS Business Overview
11.7.3 TCS Indirect Procurement Outsourcing Introduction
11.7.4 TCS Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.7.5 TCS Recent Development
11.8 Xchanging
11.8.1 Xchanging Company Detail
11.8.2 Xchanging Business Overview
11.8.3 Xchanging Indirect Procurement Outsourcing Introduction
11.8.4 Xchanging Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.8.5 Xchanging Recent Development
11.9 WNS
11.9.1 WNS Company Detail
11.9.2 WNS Business Overview
11.9.3 WNS Indirect Procurement Outsourcing Introduction
11.9.4 WNS Revenue in Indirect Procurement Outsourcing Business (2019-2024)
11.9.5 WNS Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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