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Middle East and Africa Procurement as-a-Service Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component; Enterprise Size; End-User Industry; and Country

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    Report

  • 106 Pages
  • August 2020
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5147222
The Procurement as-a-Service market in Middle East and Africa is expected to grow from US$ 108.4 million in 2019 to US$ 165.9 million by 2027; it is estimated to grow at a CAGR of 6.60 % from 2020 to 2027.

Procurement service providers are focused on driving down costs; also, advanced technologies and advanced analytics are used to enhance the procurement and supply chain experience, accelerate customer satisfaction, and free up working capital. For instance, AI-based procurement solutions are using machine learning technologies and are using probabilistic models.

Middle East and Africa is active in adopting the latest technologies and implementing it in various industries. These technologies need accurate data sources in order to learn from and be effective. AI-based procurement solutions developed recently, and several companies in the region are looking to start automating their core processes to offer a developed base framework for AI to surge. AI helps to increase procurement control; thus, it’s a huge opportunity for procurement service providers to adopt such advanced technologies to ease the business process.

However, the continuous growth of infected individuals due to corona virus has led the government to impose lockdown across the nation’s borders and the majority of the manufacturing plants are shut down, which is negatively impacting on the Procurement as-a service market.

The overall Middle East and Africa procurement as-a-service market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Middle East and Africa procurement as-a-service market with respects to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants involved in this process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Middle East and Africa procurement as-a-service market are Accenture; Genpact Ltd; GEP; HCL Technologies; IBM Corporation; Infosys Ltd; Wipro Limited; and WNS (Holdings) Limited are among the major players in the market in this region.

The continuous growth of infected individuals has led the government to impose lockdown across the nation’s borders and the majority of the manufacturing plants are shut down, which is negatively impacting on the Procurement as-a service market

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Procurement As-a-Service Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 South and Central America - PEST Analysis
4.3 Ecosystem Analysis
5. Procurement As-a-Service Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing adoption of procurement as-a-service model by enterprises to streamline their process
5.1.2 Increasing focus on catering fully customizable services
5.2 Market Restraint
5.2.1 Concerns related to security threats
5.3 Market Opportunity
5.3.1 The growing need for efficient procurement services and solutions
5.4 Future Trend
5.4.1 Integration of AI technology in their procurement service
5.5 Impact Analysis of Drivers and Restraints
6. Procurement As-a-Service - South and Central America Market Analysis
6.1 Procurement As-a-Service Market Overview
6.1.1 SAM: Procurement as-a-Service Market - Revenue and Forecast to 2027 (US$ Million)
7. Procurement As-a-Service Market Analysis - By Component
7.1 Overview
7.1.1 South and Central America: Procurement as-a-Service Market, by Component
7.2 Strategic Sourcing
7.2.1 Overview
7.2.2 Strategic Sourcing: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
7.3 Spend Management
7.3.1 Overview
7.3.2 Spend Management: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Category Management
7.4.1 Overview
7.4.2 Category Management: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
7.5 Process Management
7.5.1 Overview
7.5.2 Process Management: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
7.6 Contract Management
7.6.1 Overview
7.6.2 Contract Management: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
7.7 Transaction Management
7.7.1 Overview
7.7.2 Transaction Management: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
8. Procurement As-a-Service Market Analysis - By Enterprise Size
8.1 Overview
8.2 Procurement As-a-Service Market, By Enterprise Size (2019 and 2027)
8.3 SMEs
8.3.1 Overview
8.3.2 SMEs: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 Large Enterprises
8.4.1 Overview
8.4.2 Large Enterprises: Procurement As-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9. Procurement as-a-Service Market Analysis - By End-User Industry
9.1 Overview
9.2 Procurement as-a-Service Market, By End-User Industry (2019 and 2027)
9.3 IT and Telecom
9.3.1 Overview
9.3.2 IT and Telecom: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.4 Consumer Goods and Retail
9.4.1 Overview
9.4.2 Consumer Goods and Retail: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.5 Manufacturing
9.5.1 Overview
9.5.2 Manufacturing: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.6 Energy and Utility
9.6.1 Overview
9.6.2 Energy and Utility: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.7 Healthcare
9.7.1 Overview
9.7.2 Healthcare: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.8 Hospitality and Tourism
9.8.1 Overview
9.8.2 Hospitality and Tourism: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Procurement as-a-Service Market - Revenue, and Forecast to 2027 (US$ Million)
10. Procurement as-a-Service Market - Country Analysis
10.1.1.1 Brazil: Procurement as-a-Service Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Brazil: Procurement as-a-Service Market, by Component
10.1.1.1.2 Brazil: Procurement as-a-Service Market, by Enterprise Size
10.1.1.1.3 Brazil: Procurement as-a-Service Market, by End-User Industry
10.1.1.2 Argentina: Procurement as-a-Service Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 Argentina: Procurement as-a-Service Market, by Component
10.1.1.2.2 Argentina: Procurement as-a-Service Market, by Enterprise Size
10.1.1.2.3 Argentina: Procurement as-a-Service Market, by End-User Industry
10.1.1.3 Rest of SAM: Procurement as-a-Service Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Rest of SAM: Procurement as-a-Service Market, by Component
10.1.1.3.2 Rest of SAM: Procurement as-a-Service Market, by Enterprise Size
10.1.1.3.3 Rest of SAM: Procurement as-a-Service Market, by End-User Industry
11. South and Central America Procurement as-a-Service Market-Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
12. Company Profiles
12.1 Accenture
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 CAPGEMINI SE
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Corbus, LLC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Genpact Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 GEP
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 HCL Technologies
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 IBM Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Infosys Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Wipro Limited
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 WNS (Holdings) Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. SAM: Procurement as-a-Service Market, by Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Brazil: Procurement as-a-Service Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 4. Brazil: Procurement as-a-Service Market, by Enterprise Size –Revenue and Forecast to 2027 (US$ Million)
Table 5. Brazil: Procurement as-a-Service Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 6. Argentina: Procurement as-a-Service Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 7. Argentina: Procurement as-a-Service Market, by Enterprise Size –Revenue and Forecast to 2027 (US$ Million)
Table 8. Argentina: Procurement as-a-Service Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of SAM: Procurement as-a-Service Market, by Component –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of SAM: Procurement as-a-Service Market, by Enterprise Size –Revenue and Forecast to 2027 (US$ Million)
Table 11. Rest of SAM: Procurement as-a-Service Market, by End-User Industry –Revenue and Forecast to 2027 (US$ Million)
Table 12. Glossary of Term: Procurement as-a-Service Market
List of Figures
Figure 1. Procurement as-a-Service Market Segmentation
Figure 2. Procurement as-a-Service Market Segmentation – By Country
Figure 3. South and Central America Procurement As-a-Service Market Overview
Figure 4. South and Central America Procurement As-a-Service Market – Component Analysis
Figure 5. South and Central America Procurement As-a-Service Market – Enterprise Size Analysis
Figure 6. SAM – PEST Analysis
Figure 7. Procurement As-a-Service Market – Ecosystem Analysis
Figure 8. Procurement As-a-Service Market Impact Analysis of Drivers And Restraints
Figure 9. SAM: Procurement as-a-Service Market – Revenue and Forecast To 2027 (US$ Million)
Figure 10. SAM: Procurement as-a-Service Market Revenue Share, By Component (2019 and 2027)
Figure 11. Strategic Sourcing: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Spend Management: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Category Management: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Process Management: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Contract Management: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 16. Transaction Management: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 17. South and Central America: Procurement as-a-Service Market Revenue Share, By Enterprise Size (2019 and 2027)
Figure 18. SMEs: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 19. Large Enterprises: Procurement As-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 20. SAM: Procurement as-a-Service Market Revenue Share, By End-User Industry (2019 and 2027)
Figure 21. IT and Telecom: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 22. Consumer Goods and Retail: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 23. Manufacturing: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 24. Energy and Utility: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 25. Healthcare: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 26. Hospitality and Tourism: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 27. Others: Procurement as-a-Service Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 28. SAM: Procurement as-a-Service Market Revenue Share, By Key Country (2019 and 2027)
Figure 29. Brazil: Procurement as-a-Service Market – Revenue And Forecast To 2027 (US$ Million)
Figure 30. Argentina: Procurement as-a-Service Market – Revenue And Forecast To 2027 (US$ Million)
Figure 31. Rest of SAM: Procurement as-a-Service Market – Revenue And Forecast To 2027 (US$ Million)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Accenture
  • Genpact Ltd
  • GEP
  • HCL Technologies
  • IBM Corporation
  • Infosys Ltd
  • Wipro Limited
  • WNS (Holdings) Limited