Procurement-as-a-Service Market was valued at USD 3.62 Billion in 2023, and is expected to reach USD 5.63 Billion by 2030, exhibiting a CAGR of 6.5% during the forecast period (2024-2030)

Procurement-as-a-Service Market Overview:

The purpose of this study is to provide a thorough examination of the Procurement-as-a-Service Market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Procurement-as-a-Service Market growth. The study also offers a comprehensive analysis of the market's value chain.

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Procurement-as-a-Service Market Scope:

The research method used to assess and anticipate the Procurement-as-a-Service Market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Procurement-as-a-Service Market was calculated using the revenue of significant enterprises.

Procurement-as-a-Service Market Segmentation:

by Component

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

by Enterprise Size

SMEs
Large Enterprises

by End-Use Industry

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

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Procurement-as-a-Service Market Key Players:

The major players covered in the Procurement-as-a-Service Market report are

1. Accenture
2. Infosys
3. GEP
4. Genpact
5. Proxima
6. WNS Denali
7. Capgemini
8. IBM
9. Wipro
10. HCL Technologies
11. Tata Consultancy Services(TCS)
12. Xchanging
13. Aegis Components Inc.
14. Corbus LLC
15. Bain & Company
16. CA Technologies
17. Hewlett Packard Enterprise Development LP
18. Skybox Security Inc.
19. Palo Alto Networks, Inc
20. Cisco Systems, Inc.

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Procurement-as-a-Service Market Regional Analysis:

Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

COVID-19 Impact Analysis on Procurement-as-a-Service Market :

Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Procurement-as-a-Service Market in general, as well as the growth rate, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Procurement-as-a-Service Market industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.

Key Questions Answered in the Procurement-as-a-Service Market Report are:

• Which segment grabbed the largest share in the Procurement-as-a-Service Market ?
• How was the competitive scenario of the Procurement-as-a-Service Market ?
• Which are the key factors responsible for the Procurement-as-a-Service Market growth?
• Which region held the maximum share in the Procurement-as-a-Service Market ?

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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