Semiconductor and Electronics

Global Procurement Outsourcing Market 2014-2018

  • TEC144087
  • 80 Pages
  • October 2014
  • Semiconductor and Electronics
About Global Procurement Outsourcing Market
Procurement outsourcing is a part of outsourcing that involves subcontracting of key procurement requirements of an organization to a third-party vendor that has expertise in the required domains. It can be defined as an effective strategy of delegating one or more business activities to external companies (vendors), which then administer and manage the selected activity based on defined and measurable performance criteria. It helps client firms to increase their operational efficiency, concentrate on their core competencies, reduce time to market, obtain access to fresh talent and experience along with latest technologies, and build an organization with an economical cost structure over the long term.
TechNavio's analysts forecast the Global Procurement Outsourcing Market to grow at a CAGR of 22.48 percent over the period 2013-2018.
Covered in this Report
The Global Procurement outsourcing is segmented into two parts- Stand-alone procurement outsourcing and procurement outsourcing as a part of BPO services offered.
TechNavio's report, the Global Procurement Outsourcing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers Global Procurement Outsourcing market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
Accenture plc
GEP
Genpact Ltd.
IBM Corp.
Xchanging plc
Other Prominent Vendor

Aegis Ltd.
ATS Group
Capgemini S.A
CGI Grpoup
Corbus LLC
CSC Corp.
DSSI
HCL Technologies
Hewlett-Packard Co.
Infosys Ltd.
Optimum Procurement Group
Proxima
Synise Technologies Ltd.
Tata Consultancy Services Ltd.
TechMahindra Ltd.
Wipro Ltd.
WNS Holdings Ltd.
Xerox Corp.
Market Driver
Significant Cost Reduction
For a full, detailed list, view our report.
Market Challenge
Lack of Domain Understanding
For a full, detailed list, view our report.
Market Trend
Emergence of Social Media
For a full, detailed list, view our report.
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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