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Europe Procurement as a Service Market By Component, By Enterprise Size, By Application, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

  • ID: 5354423
  • Report
  • June 2021
  • Region: Europe
  • 128 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • Accenture PLC
  • Broadcom, Inc.
  • Genpact Limited
  • GEP
  • IBM Corporation
  • Infosys Limited
  • MORE
The Europe Procurement as a Service Market is expected to witness market growth of 6.5% CAGR during the forecast period (2021-2027).

Procurement as a service is constantly growing, but only big companies are capable to put investment in all the features procurement has to provide. The employees in small enterprises will gain access to targeted technology and expertise at an average price point and thus, they can prove to be reasonable in their investment. In the last few years, procurement outsourcing has paved the way for larger enterprises to experience cost savings. Organizations like Amazon and Walmart have utilized their purchasing plans to acquire a competitive edge over the small and medium (SME) enterprises they compete with each day, and in this domain, the new entrants face fierce competition.

The demand of the market is expected to be boosted by the requirement to enhance procurement function with the help of new technologies for sales. Since supply chains around the globe will focus on bringing transformation in the processes in order to increase productivity and business operations, the demand for procurement as a service will witness an abrupt rise. The intensity of the present pandemic acts as a wake-up call for service vendors as the conventional procurement models are becoming impractical. This is due to the devastation in the past was majorly restricted to a particular region/country. Though, the current pandemic has crippled many industries across the world, impacting B2B as well as B2C enterprises. Responding to such a scenario, the goal of global procurement service vendors has switched from conducting negotiation contracts or sourcing processes to establish a partnership with businesses to facilitate the short as well as long-term business continuity of their customers.

Hospitals and healthcare experts immediately require medical supplies and personal protective tools by public authorities. The European Commission has published new guidance for public buyers to assists public authorities utilize the flexibility offered by the EU’s public procurement framework with an aim to make sure the fast and effective purchases of all the essential tools.

In various companies, it is sometimes very hard to minimize the costs; however, procurement services enable the companies to focus on their core competencies and categories, provide higher spending control, improve service levels, and business relationships. There is a rapid rise in the demand for procurement services due to the market conditions in the region and the need for organizations to maintain and reduce prices without eliminating resources.

The Germany market dominated the Europe Procurement as a Service Small & Medium Enterprise Market by Country 2020, thereby, achieving a market value of $340.9 million by 2027. The UK market is exhibiting a CAGR of 6.4% during (2021 - 2027). Additionally, The France market is anticipated to grow at a CAGR of 8% during (2021 - 2027).

Based on Component, the market is segmented into Strategic Sourcing, Process Management, Category Management, Transaction Management, Spend Management, Contract Management, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprise. Based on Application, the market is segmented into Manufacturing, Retail, BFSI, Healthcare, IT & Telecom and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Accenture PLC, Broadcom, Inc., HCL Technologies Ltd. (HCL Enterprises), Genpact Limited, Infosys Limited, Wipro Limited, Tata Consultancy Services Ltd., GEP, and WNS (Holdings) Ltd.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Strategic Sourcing
  • Process Management
  • Category Management
  • Transaction Management
  • Spend Management
  • Contract Management
  • Others
By Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprise
By Application
  • Manufacturing
  • Retail
  • BFSI
  • Healthcare
  • IT & Telecom
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
Companies Profiled
  • IBM Corporation
  • Accenture PLC
  • Broadcom, Inc.
  • HCL Technologies Ltd. (HCL Enterprises)
  • Genpact Limited
  • Infosys Limited
  • Wipro Limited
  • Tata Consultancy Services Ltd.
  • GEP
  • WNS (Holdings) Ltd.
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Accenture PLC
  • Broadcom, Inc.
  • Genpact Limited
  • GEP
  • IBM Corporation
  • Infosys Limited
  • MORE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Procurement As A Service Market, by Component
1.4.2 Europe Procurement As A Service Market, by Enterprise Size
1.4.3 Europe Procurement As A Service Market, by Application
1.4.4 Europe Procurement As A Service Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Jan - 2021, May) Leading Players

Chapter 4. Europe Procurement as a Service Market by Component
4.1 Europe Strategic Sourcing Procurement as a Service Market by Country
4.2 Europe Process Management Procurement as a Service Market by Country
4.3 Europe Category Management Procurement as a Service Market by Country
4.4 Europe Transaction Management Procurement as a Service Market by Country
4.5 Europe Spend Management Procurement as a Service Market by Country
4.6 Europe Contract Management Procurement as a Service Market by Country
4.7 Europe Other Component Procurement as a Service Market by Country

Chapter 5. Europe Procurement as a Service Market by Enterprise Size
5.1 Europe Procurement as a Service Large Enterprises Market by Country
5.2 Europe Procurement as a Service Small & Medium Enterprise Market by Country

Chapter 6. Europe Procurement as a Service Market by Application
6.1 Europe Manufacturing Procurement as a Service Market by Country
6.2 Europe Retail Procurement as a Service Market by Country
6.3 Europe BFSI Procurement as a Service Market by Country
6.4 Europe Healthcare Procurement as a Service Market by Country
6.5 Europe IT & Telecom Procurement as a Service Market by Country
6.6 Europe Others Procurement as a Service Market by Country

Chapter 7. Europe Procurement as a Service Market by Country
7.1 Germany Procurement as a Service Market
7.1.1 Germany Procurement as a Service Market by Component
7.1.2 Germany Procurement as a Service Market by Enterprise Size
7.1.3 Germany Procurement as a Service Market by Application
7.2 UK Procurement as a Service Market
7.2.1 UK Procurement as a Service Market by Component
7.2.2 UK Procurement as a Service Market by Enterprise Size
7.2.3 UK Procurement as a Service Market by Application
7.3 France Procurement as a Service Market
7.3.1 France Procurement as a Service Market by Component
7.3.2 France Procurement as a Service Market by Enterprise Size
7.3.3 France Procurement as a Service Market by Application
7.4 Russia Procurement as a Service Market
7.4.1 Russia Procurement as a Service Market by Component
7.4.2 Russia Procurement as a Service Market by Enterprise Size
7.4.3 Russia Procurement as a Service Market by Application
7.5 Spain Procurement as a Service Market
7.5.1 Spain Procurement as a Service Market by Component
7.5.2 Spain Procurement as a Service Market by Enterprise Size
7.5.3 Spain Procurement as a Service Market by Application
7.6 Italy Procurement as a Service Market
7.6.1 Italy Procurement as a Service Market by Component
7.6.2 Italy Procurement as a Service Market by Enterprise Size
7.6.3 Italy Procurement as a Service Market by Application
7.7 Rest of Europe Procurement as a Service Market
7.7.1 Rest of Europe Procurement as a Service Market by Component
7.7.2 Rest of Europe Procurement as a Service Market by Enterprise Size
7.7.3 Rest of Europe Procurement as a Service Market by Application

Chapter 8. Company Profiles
8.1 IBM Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional & Segmental Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.1.6 SWOT Analysis
8.2 Accenture PLC
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Broadcom, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 HCL Technologies Ltd. (HCL Enterprises)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Genpact Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisition and Mergers:
8.6 Infosys Limited
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Wipro Limited
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.7.5.2 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Tata Consultancy Services Ltd.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Recent strategies and developments:
8.8.4.1 Partnerships, Collaborations, and Agreements:
8.8.5 SWOT Analysis
8.9 GEP
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.10. WNS (Holdings) Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Recent strategies and developments:
8.10.4.1 Partnerships, Collaborations, and Agreements:
8.10.4.2 Acquisition and Mergers:
Note: Product cover images may vary from those shown
  • IBM Corporation
  • Accenture PLC
  • Broadcom, Inc.
  • HCL Technologies Ltd. (HCL Enterprises)
  • Genpact Limited
  • Infosys Limited
  • Wipro Limited
  • Tata Consultancy Services Ltd.
  • GEP
  • WNS (Holdings) Ltd.
Note: Product cover images may vary from those shown

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