Market Overview of the Procurement as a Service (PaaS) Market
The Procurement as a Service (PaaS) market estimated at USD 6.15 Billion in the year 2022, is projected to reach a revised size of USD 14.17 Billion by 2030, growing at a CAGR of 11% over the analysis period 2023-2030.
Procurement as a Service (Paas) is the outsourced procurement model that takes care of the organization’s procurement functions. The key element of procurement as services includes the service layer, technology layer, intelligence & analytics, and compliance & risk management. The Paas model offers various benefits for organizations such as helps to organizations with the selection of categories for sourcing and for handle the procurement arrangement of this category Paas assigns the category expert. It also helps processes such as supplier management to become proactive, and strategic sourcing to become predictive, it reduces the cost of operations. The Paas model provides flexibility and greater value for organizations. Therefore, it becomes common for all sizes of businesses to do their strategic and transactional procurement activities. Moreover, strategic procurement organizations are demanded integrated suites that contain sourcing, contract management, supplier management, and proactive risk management. The rising speedy digitalization around the world resulted in an increase in the adoption of procurement as a service. The PaaS model offers various benefits such as cost-efficient and offers development tools and templet that fuel the demand for PaaS services among the several organizations which provide growth for the market.
Market Dynamics and Factors of the Procurement as a Service (PaaS) Market
Drivers:
- Growing Adoption of the Procurement as a Service Model Among the Various Organizations
Restraints:
- Lack of Awareness Regards the Procurement of Software
Opportunities:
- Adoption of Advanced Technologies Such as AI and IoT
COVID-19 Impact on the Procurement as a Service (PaaS) Market
In December 2019, the COVID-19 outbreaks began in China and have rapidly spread across the world. The continuous spread of the covid virus brings several changes in the world. The government of various countries imposes lockdown, and implementation of various stringent regulations regarding social distancing, traveling restriction, the shutdown of manufacturing plant, and disruption of the supply chain. These factors hugely affected the market growth. During the pandemic, several businesses provide the work from home facilities, therefore the demand for the Paas service model is increased. Moreover, the number of online transactions during the covid-19 period is increased, thus the demand for the PaaS model is high. Therefore, the Spread of Covid-19 has positively impacted on the Procurement as a Service (PaaS) Market.
Key Players for the Procurement as a Service (PaaS) Market:
- IBM
- WNS
- Infosys
- Accenture
- HCL Technologies
- Capgemini
- Proxima
- Wipro
- Genpact
- GEP
- Xchanging (DXC Technology)
- Aegis
- CA Technologies
- Corbus
- TCS
Key Industry Developments in the Procurement as a Service (PaaS) Market
In May 2021, Comdata, a leading global service provider in customer management BPO, selected GEP SMART procurement software for transforming and unifying procurement.
Global Procurement as a Service (PaaS) Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data : |
2017 to 2022 |
Market Size in 2022: |
USD 6.15 Bn. |
Forecast Period 2023-30 CAGR: |
11% |
Market Size in 2030: |
USD 14.17 Bn. |
Segments Covered: |
By Product Type |
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By Organization Size |
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By Industry Vertical |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Procurement as a Service (PaaS) Market by Product Type
5.1 Procurement as a Service (PaaS) Market Overview Snapshot and Growth Engine
5.2 Procurement as a Service (PaaS) Market Overview
5.3 Strategic Sourcing
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Strategic Sourcing: Geographic Segmentation
5.4 Spend Management
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Spend Management: Geographic Segmentation
5.5 Category Management
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Category Management: Geographic Segmentation
5.6 Process Management
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Process Management: Geographic Segmentation
5.7 Contract Management/Transactions Management
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Contract Management/Transactions Management: Geographic Segmentation
Chapter 6: Procurement as a Service (PaaS) Market by Application
6.1 Procurement as a Service (PaaS) Market Overview Snapshot and Growth Engine
6.2 Procurement as a Service (PaaS) Market Overview
6.3 Manufacturing
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Manufacturing: Geographic Segmentation
6.4 BFSI
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 BFSI: Geographic Segmentation
6.5 Retail & Consumer Goods
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Retail & Consumer Goods: Geographic Segmentation
6.6 IT & Telecom
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 IT & Telecom: Geographic Segmentation
6.7 Energy & Utilities/Healthcare
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Energy & Utilities/Healthcare: Geographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Procurement as a Service (PaaS) Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Heat Map Analysis
7.1.5 Procurement as a Service (PaaS) Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Procurement as a Service (PaaS) Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 IBM
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 WNS
7.4 INFOSYS
7.5 ACCENTURE
7.6 HCL TECHNOLOGIES
7.7 CAPGEMINI
7.8 PROXIMA
7.9 WIPRO
7.10 GENPACT
7.11 GEP
7.12 XCHANGING (DXC TECHNOLOGY)
7.13 AEGIS
7.14 CA TECHNOLOGIES
7.15 CORBUS
7.16 TCS
7.17 OTHER MAJOR PLAYERS
Chapter 8: Global Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Product Type
8.2.1 Strategic Sourcing
8.2.2 Spend Management
8.2.3 Category Management
8.2.4 Process Management
8.2.5 Contract Management/Transactions Management
8.3 Historic and Forecasted Market Size By Application
8.3.1 Manufacturing
8.3.2 BFSI
8.3.3 Retail & Consumer Goods
8.3.4 IT & Telecom
8.3.5 Energy & Utilities/Healthcare
Chapter 9: North America Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Product Type
9.4.1 Strategic Sourcing
9.4.2 Spend Management
9.4.3 Category Management
9.4.4 Process Management
9.4.5 Contract Management/Transactions Management
9.5 Historic and Forecasted Market Size By Application
9.5.1 Manufacturing
9.5.2 BFSI
9.5.3 Retail & Consumer Goods
9.5.4 IT & Telecom
9.5.5 Energy & Utilities/Healthcare
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Product Type
10.4.1 Strategic Sourcing
10.4.2 Spend Management
10.4.3 Category Management
10.4.4 Process Management
10.4.5 Contract Management/Transactions Management
10.5 Historic and Forecasted Market Size By Application
10.5.1 Manufacturing
10.5.2 BFSI
10.5.3 Retail & Consumer Goods
10.5.4 IT & Telecom
10.5.5 Energy & Utilities/Healthcare
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product Type
11.4.1 Strategic Sourcing
11.4.2 Spend Management
11.4.3 Category Management
11.4.4 Process Management
11.4.5 Contract Management/Transactions Management
11.5 Historic and Forecasted Market Size By Application
11.5.1 Manufacturing
11.5.2 BFSI
11.5.3 Retail & Consumer Goods
11.5.4 IT & Telecom
11.5.5 Energy & Utilities/Healthcare
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product Type
12.4.1 Strategic Sourcing
12.4.2 Spend Management
12.4.3 Category Management
12.4.4 Process Management
12.4.5 Contract Management/Transactions Management
12.5 Historic and Forecasted Market Size By Application
12.5.1 Manufacturing
12.5.2 BFSI
12.5.3 Retail & Consumer Goods
12.5.4 IT & Telecom
12.5.5 Energy & Utilities/Healthcare
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Procurement as a Service (PaaS) Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product Type
13.4.1 Strategic Sourcing
13.4.2 Spend Management
13.4.3 Category Management
13.4.4 Process Management
13.4.5 Contract Management/Transactions Management
13.5 Historic and Forecasted Market Size By Application
13.5.1 Manufacturing
13.5.2 BFSI
13.5.3 Retail & Consumer Goods
13.5.4 IT & Telecom
13.5.5 Energy & Utilities/Healthcare
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Procurement as a Service (PaaS) Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data : |
2017 to 2022 |
Market Size in 2022: |
USD 6.15 Bn. |
Forecast Period 2023-30 CAGR: |
11% |
Market Size in 2030: |
USD 14.17 Bn. |
Segments Covered: |
By Product Type |
|
|
By Organization Size |
|
||
By Industry Vertical |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. PROCUREMENT AS A SERVICE (PAAS) MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. PROCUREMENT AS A SERVICE (PAAS) MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. PROCUREMENT AS A SERVICE (PAAS) MARKET COMPETITIVE RIVALRY
TABLE 005. PROCUREMENT AS A SERVICE (PAAS) MARKET THREAT OF NEW ENTRANTS
TABLE 006. PROCUREMENT AS A SERVICE (PAAS) MARKET THREAT OF SUBSTITUTES
TABLE 007. PROCUREMENT AS A SERVICE (PAAS) MARKET BY PRODUCT TYPE
TABLE 008. STRATEGIC SOURCING MARKET OVERVIEW (2016-2028)
TABLE 009. SPEND MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 010. CATEGORY MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 011. PROCESS MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 012. CONTRACT MANAGEMENT/TRANSACTIONS MANAGEMENT MARKET OVERVIEW (2016-2028)
TABLE 013. PROCUREMENT AS A SERVICE (PAAS) MARKET BY APPLICATION
TABLE 014. MANUFACTURING MARKET OVERVIEW (2016-2028)
TABLE 015. BFSI MARKET OVERVIEW (2016-2028)
TABLE 016. RETAIL & CONSUMER GOODS MARKET OVERVIEW (2016-2028)
TABLE 017. IT & TELECOM MARKET OVERVIEW (2016-2028)
TABLE 018. ENERGY & UTILITIES/HEALTHCARE MARKET OVERVIEW (2016-2028)
TABLE 019. NORTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 020. NORTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY APPLICATION (2016-2028)
TABLE 021. N PROCUREMENT AS A SERVICE (PAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE PROCUREMENT AS A SERVICE (PAAS) MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 023. EUROPE PROCUREMENT AS A SERVICE (PAAS) MARKET, BY APPLICATION (2016-2028)
TABLE 024. PROCUREMENT AS A SERVICE (PAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC PROCUREMENT AS A SERVICE (PAAS) MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 026. ASIA PACIFIC PROCUREMENT AS A SERVICE (PAAS) MARKET, BY APPLICATION (2016-2028)
TABLE 027. PROCUREMENT AS A SERVICE (PAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY APPLICATION (2016-2028)
TABLE 030. PROCUREMENT AS A SERVICE (PAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 031. SOUTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 032. SOUTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET, BY APPLICATION (2016-2028)
TABLE 033. PROCUREMENT AS A SERVICE (PAAS) MARKET, BY COUNTRY (2016-2028)
TABLE 034. IBM: SNAPSHOT
TABLE 035. IBM: BUSINESS PERFORMANCE
TABLE 036. IBM: PRODUCT PORTFOLIO
TABLE 037. IBM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. WNS: SNAPSHOT
TABLE 038. WNS: BUSINESS PERFORMANCE
TABLE 039. WNS: PRODUCT PORTFOLIO
TABLE 040. WNS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. INFOSYS: SNAPSHOT
TABLE 041. INFOSYS: BUSINESS PERFORMANCE
TABLE 042. INFOSYS: PRODUCT PORTFOLIO
TABLE 043. INFOSYS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. ACCENTURE: SNAPSHOT
TABLE 044. ACCENTURE: BUSINESS PERFORMANCE
TABLE 045. ACCENTURE: PRODUCT PORTFOLIO
TABLE 046. ACCENTURE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. HCL TECHNOLOGIES: SNAPSHOT
TABLE 047. HCL TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 048. HCL TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 049. HCL TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. CAPGEMINI: SNAPSHOT
TABLE 050. CAPGEMINI: BUSINESS PERFORMANCE
TABLE 051. CAPGEMINI: PRODUCT PORTFOLIO
TABLE 052. CAPGEMINI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. PROXIMA: SNAPSHOT
TABLE 053. PROXIMA: BUSINESS PERFORMANCE
TABLE 054. PROXIMA: PRODUCT PORTFOLIO
TABLE 055. PROXIMA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. WIPRO: SNAPSHOT
TABLE 056. WIPRO: BUSINESS PERFORMANCE
TABLE 057. WIPRO: PRODUCT PORTFOLIO
TABLE 058. WIPRO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. GENPACT: SNAPSHOT
TABLE 059. GENPACT: BUSINESS PERFORMANCE
TABLE 060. GENPACT: PRODUCT PORTFOLIO
TABLE 061. GENPACT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. GEP: SNAPSHOT
TABLE 062. GEP: BUSINESS PERFORMANCE
TABLE 063. GEP: PRODUCT PORTFOLIO
TABLE 064. GEP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. XCHANGING (DXC TECHNOLOGY): SNAPSHOT
TABLE 065. XCHANGING (DXC TECHNOLOGY): BUSINESS PERFORMANCE
TABLE 066. XCHANGING (DXC TECHNOLOGY): PRODUCT PORTFOLIO
TABLE 067. XCHANGING (DXC TECHNOLOGY): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. AEGIS: SNAPSHOT
TABLE 068. AEGIS: BUSINESS PERFORMANCE
TABLE 069. AEGIS: PRODUCT PORTFOLIO
TABLE 070. AEGIS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. CA TECHNOLOGIES: SNAPSHOT
TABLE 071. CA TECHNOLOGIES: BUSINESS PERFORMANCE
TABLE 072. CA TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 073. CA TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 073. CORBUS: SNAPSHOT
TABLE 074. CORBUS: BUSINESS PERFORMANCE
TABLE 075. CORBUS: PRODUCT PORTFOLIO
TABLE 076. CORBUS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 076. TCS: SNAPSHOT
TABLE 077. TCS: BUSINESS PERFORMANCE
TABLE 078. TCS: PRODUCT PORTFOLIO
TABLE 079. TCS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 079. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 080. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 081. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 082. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. STRATEGIC SOURCING MARKET OVERVIEW (2016-2028)
FIGURE 013. SPEND MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 014. CATEGORY MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 015. PROCESS MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 016. CONTRACT MANAGEMENT/TRANSACTIONS MANAGEMENT MARKET OVERVIEW (2016-2028)
FIGURE 017. PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY APPLICATION
FIGURE 018. MANUFACTURING MARKET OVERVIEW (2016-2028)
FIGURE 019. BFSI MARKET OVERVIEW (2016-2028)
FIGURE 020. RETAIL & CONSUMER GOODS MARKET OVERVIEW (2016-2028)
FIGURE 021. IT & TELECOM MARKET OVERVIEW (2016-2028)
FIGURE 022. ENERGY & UTILITIES/HEALTHCARE MARKET OVERVIEW (2016-2028)
FIGURE 023. NORTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. EUROPE PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. ASIA PACIFIC PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. MIDDLE EAST & AFRICA PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. SOUTH AMERICA PROCUREMENT AS A SERVICE (PAAS) MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Procurement as a Service (PaaS) Market research report is 2023-2030.
IBM, WNS, Infosys, Accenture, HCL Technologies, Capgemini, Proxima, Wipro, Genpact, GEP, Xchanging (DXC Technology), Aegis, CA Technologies, Corbus, TCS, and other major players.
The Procurement as a Service (PaaS) Market is segmented into Product Type, application, and region. By Product Type, the market is categorized into Strategic Sourcing, Spend Management, Category Management, Process Management, and Contract Management/Transactions Management. By Application, the market is categorized into Manufacturing, BFSI, Retail & Consumer Goods, IT & Telecom, and Energy & Utilities/Healthcare. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain etc.), Asia-Pacific (China; India; Japan; Southeast Asia etc.), South America (Brazil; Argentina etc.), Middle East & Africa (Saudi Arabia; South Africa etc.).
Procurement as a Service (Paas) is the outsourced procurement model that takes care of the organization’s procurement functions. The key element of procurement as services includes the service layer, technology layer, intelligence & analytics, and compliance & risk management. The Paas model offers various benefits for organizations such as helps to organizations with the selection of categories for sourcing and for handle the procurement arrangement of this category Paas assigns the category expert.