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Procurement Outsourcing Market - Top Key Players, Business Trends to 2023
Procurement Outsourcing Market Research Report Forecast till 2023


Procurement Outsourcing M
BriefingWire.com, 6/30/2020 - Market Research Future (MRFR) recently analyzed the global procurement outsourcing market and concluded that the market is estimated to witness fast-paced growth over the forecast period. The global procurement outsourcing market is estimated to register a robust CAGR of 15.5%, reaching a market revenue valuation of USD 4.19 billion by the end of 2023.

Detailed Regional Analysis

Procurement Outsourcing Market is segmented into the regions of North America, Europe, Asia Pacific, and Rest of the World. Among these regional segments, the global procurement outsourcing market is led by North America during the forecast period. The regional procurement outsourcing market has matured and is estimated to showcase steady growth rate over the forecast period.

Europe, on the other hand, is estimated to showcase its second-largest shareholding in the global procurement outsourcing market over the forecast period. This is attributable to the increasing adoption of procurement outsourcing services across several verticals such as healthcare, energy and utilities, and life sciences.

Asia Pacific is anticipated to showcase fastest growth rate over the forecast period. The regional procurement outsourcing market is likely to witness major applications in the manufacturing verticals. Developing countries like China, India, and South Korea estimated to pose as emergent procurement outsourcing market over the forecast period. Alternatively, Japan and Singapore are estimated to emerge as mature procurement outsourcing markets and witness steady growth over the assessment period.

Key Players

The global procurement outsourcing market report that is presented by MRFR has a profiling of major players in the market. Such key vendors include Accenture (Ireland), GEP (US), e-Business International Inc. (US), IBM Corporation (US), Tata Consultancy Services (India), Infosys Limited (India), Capgemini (France), Genpact (US), Wipro Limited (India), WNS (Holdings) Ltd. (India), Corbus LLC (US), HCL Technologies Limited (India), Aquanima S.A. (Spain), Aegis (India) and Outsourcing Procurement Ltd (India).

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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