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Middle East and Africa Procurement as-a-Service Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Component (Strategic Sourcing, Spend Management, Category Management, Process Management, Contract Management, Transaction Management); Enterprise Size (SMEs, Large Enterprises); End-User Industry (IT and Telecom, Consumer Goods and Retail, Manufacturing, Energy and Utility, Healthcare, Hospitality and Tourism, Others); and Country

Code: TIPRE00013333 | Pages: 106 | Industry: Technology, Media and Telecommunications | Date: Aug 2020
Covid

Market Introduction

Procurement as-a-service is an outsourced procurement business model that combines staff, technology, and expertise to manage a portion, or complete, of user’s organization’s procurement functions. The direct procurement is a process that is involved in acquiring various raw materials and goods for final product production. The fast-growing economies across the regions are expected to witness a significant surge in demand for various procurement services, including strategic souring, transaction management, spend management, and others. Recently, the MEA region has attracted notable investment towards the development of its critical energy & power infrastructure along with rising investment towards its other industrial sector, such as oil & gas, power generation, and manufacturing to facilitate its growth owing to increasing demand from its fast-growing population.

Market Overview and Dynamics

The Middle East and Africa procurement as-a-service market is expected to reach US$ 165.9 million by 2027 from US$ 108.4 million in 2019, at a CAGR of 6.60 % from 2020 to 2027. The procurement as a service model not only offers cost reduction and flexibility and but also provides a subject matter expertise to the enterprises. As a result, number of enterprises are focusing on streamlining their procurement processes with adoption of procurement as-a-service model, which is there by driving the growth of the market.

However, due to COVID-19 business have come to a halt and is expected to continue slower than usual pace. The countries are enchanting significant containment measures to lessen the number of infected patients. Containment measures is reducing the economic activity in the manufacturing and service sectors. This is anticipated to impact market growth in MEA negatively.

Key Market Segments

In terms of component, the spend management segment accounted for a larger share of the Middle East and Africa procurement as-a-service market in 2019. In terms of enterprise size, the large enterprise segment held the largest market share of in 2019. Further, the manufacturing segment accounted for the largest share of the market based on end user in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the procurement as-a-service market in Middle East and Africa are company websites, annual reports, financial reports, national government documents, and statistical database. Major companies listed in the report are Accenture.; GEP; HCL Technologies; Genpact Ltd, and IBM Corporation among others.

Reasons to Buy Report

  • Understand the Middle East and Africa procurement as-a-service market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive market landscape
  • Efficiently plan merger and acquisition, and partnership deals in the Middle East and Africa procurement as-a-service market by identifying market segments with the most promising probable sales
  • Make knowledgeable business decisions from perceptive and comprehensive analysis of the performance of various market segment
  • Obtain revenue forecast for the Middle East and Africa procurement as-a-service market based on various segments for the period 2020–2027

 

MIDDLE EAST AND AFRICA PROCUREMENT AS-A-SERVICE MARKET SEGMENTATION

Middle East and Africa Procurement as-a-Service Market – by Component

  • Strategic Sourcing
  • Spend Management
  • Category Management
  • Process Management
  • Contract Management
  • Transaction Management

 

Middle East and Africa Procurement as-a-Service Market – by Enterprise Size

  • SMEs
  • Large Enterprises

 

Middle East and Africa Procurement as-a-Service Market – by End-User Industry

  • IT and Telecom
  • Consumer Goods and Retail
  • Manufacturing
  • Energy and Utility
  • Healthcare
  • Hospitality and Tourism
  • Others

 

Middle East and Africa Procurement as-a-Service Market – by Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

 

Company Profiles

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

 

 

 

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research 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 Insight Partners

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)

 

 

  1. Accenture
  2. Genpact Ltd
  3. GEP
  4. HCL Technologies
  5. IBM Corporation
  6. Infosys Ltd
  7. Wipro Limited
  8. WNS (Holdings) Limited
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  • Highlights key business priorities in order to assist companies to realign their business strategies
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  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Middle East and Africa market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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