Global Indirect Procurement Outsourcing Supply, Demand and Key Producers, 2023-2029

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Published Date: 01 Mar 2023

Category: Service & Software

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Description
Table of Contents
Table of Figures
Research Methodology
Related Reports
Product Tags

Description

Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.

This report studies the global Indirect Procurement Outsourcing demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Indirect Procurement Outsourcing, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Indirect Procurement Outsourcing that contribute to its increasing demand across many markets.

The global Indirect Procurement Outsourcing market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Indirect categories are all the goods and services that are bought by the company to enable its activity. This entails a wide scope, including marketing related services (media buying, agencies), IT related services (hardware, software), HR related services (recruitment agencies, training), facilities management and office services (Telecoms, furniture, cleaning, catering, printers), or utilities (gas, electricity, water)...etc.

Highlights and key features of the study
Global Indirect Procurement Outsourcing total market, 2018-2029, (USD Million)
Global Indirect Procurement Outsourcing total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Indirect Procurement Outsourcing total market, key domestic companies and share, (USD Million)
Global Indirect Procurement Outsourcing revenue by player and market share 2018-2023, (USD Million)
Global Indirect Procurement Outsourcing total market by Type, CAGR, 2018-2029, (USD Million)
Global Indirect Procurement Outsourcing total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Indirect Procurement Outsourcing market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging and WNS, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Indirect Procurement Outsourcing market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Indirect Procurement Outsourcing Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Indirect Procurement Outsourcing Market, Segmentation by Type
    Marketing Related Services
    IT Related Services
    HR Related Services
    Facilities Management & Office Services
    Others

Global Indirect Procurement Outsourcing Market, Segmentation by Application
    CPG & Retail
    BFSI Sector
    Manufacturing Sector
    Energy & Utilities
    Hi-Tech & Telecom
    Healthcare & Pharma
    Others

Companies Profiled:
    IBM
    Accenture
    GEP
    Infosys
    Capgemini
    Genpact
    TCS
    Xchanging
    WNS

Key Questions Answered
1. How big is the global Indirect Procurement Outsourcing market?
2. What is the demand of the global Indirect Procurement Outsourcing market?
3. What is the year over year growth of the global Indirect Procurement Outsourcing market?
4. What is the total value of the global Indirect Procurement Outsourcing market?
5. Who are the major players in the global Indirect Procurement Outsourcing market?
6. What are the growth factors driving the market demand?

Table of Contents

1 Supply Summary
    1.1 Indirect Procurement Outsourcing Introduction
    1.2 World Indirect Procurement Outsourcing Market Size & Forecast (2018 & 2022 & 2029)
    1.3 World Indirect Procurement Outsourcing Total Market by Region (by Headquarter Location)
        1.3.1 World Indirect Procurement Outsourcing Market Size by Region (2018-2029), (by Headquarter Location)
        1.3.2 United States Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.3 China Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.4 Europe Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.5 Japan Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.6 South Korea Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.7 ASEAN Indirect Procurement Outsourcing Market Size (2018-2029)
        1.3.8 India Indirect Procurement Outsourcing Market Size (2018-2029)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Indirect Procurement Outsourcing Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Indirect Procurement Outsourcing Major Market Trends
    1.5 Influence of COVID-19 and Russia-Ukraine War
        1.5.1 Influence of COVID-19
        1.5.2 Influence of Russia-Ukraine War

2 Demand Summary
    2.1 World Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.2 World Indirect Procurement Outsourcing Consumption Value by Region
        2.2.1 World Indirect Procurement Outsourcing Consumption Value by Region (2018-2023)
        2.2.2 World Indirect Procurement Outsourcing Consumption Value Forecast by Region (2024-2029)
    2.3 United States Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.4 China Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.5 Europe Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.6 Japan Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.7 South Korea Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.8 ASEAN Indirect Procurement Outsourcing Consumption Value (2018-2029)
    2.9 India Indirect Procurement Outsourcing Consumption Value (2018-2029)

3 World Indirect Procurement Outsourcing Companies Competitive Analysis
    3.1 World Indirect Procurement Outsourcing Revenue by Player (2018-2023)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Indirect Procurement Outsourcing Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Indirect Procurement Outsourcing in 2022
        3.2.3 Global Concentration Ratios (CR8) for Indirect Procurement Outsourcing in 2022
    3.3 Indirect Procurement Outsourcing Company Evaluation Quadrant
    3.4 Indirect Procurement Outsourcing Market: Overall Company Footprint Analysis
        3.4.1 Indirect Procurement Outsourcing Market: Region Footprint
        3.4.2 Indirect Procurement Outsourcing Market: Company Product Type Footprint
        3.4.3 Indirect Procurement Outsourcing Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Indirect Procurement Outsourcing Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Indirect Procurement Outsourcing Market Size Comparison (2018 & 2022 & 2029) (by Headquarter Location)
        4.1.2 United States VS China: Indirect Procurement Outsourcing Revenue Market Share Comparison (2018 & 2022 & 2029)
    4.2 United States Based Companies VS China Based Companies: Indirect Procurement Outsourcing Consumption Value Comparison
        4.2.1 United States VS China: Indirect Procurement Outsourcing Consumption Value Comparison (2018 & 2022 & 2029)
        4.2.2 United States VS China: Indirect Procurement Outsourcing Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    4.3 United States Based Indirect Procurement Outsourcing Companies and Market Share, 2018-2023
        4.3.1 United States Based Indirect Procurement Outsourcing Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023)
    4.4 China Based Companies Indirect Procurement Outsourcing Revenue and Market Share, 2018-2023
        4.4.1 China Based Indirect Procurement Outsourcing Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023)
    4.5 Rest of World Based Indirect Procurement Outsourcing Companies and Market Share, 2018-2023
        4.5.1 Rest of World Based Indirect Procurement Outsourcing Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023)

5 Market Analysis by Type
    5.1 World Indirect Procurement Outsourcing Market Size Overview by Type: 2018 VS 2022 VS 2029
    5.2 Segment Introduction by Type
        5.2.1 Marketing Related Services
        5.2.2 IT Related Services
        5.2.3 HR Related Services
        5.2.4 Facilities Management & Office Services
        5.2.5 Others
    5.3 Market Segment by Type
        5.3.1 World Indirect Procurement Outsourcing Market Size by Type (2018-2023)
        5.3.2 World Indirect Procurement Outsourcing Market Size by Type (2024-2029)
        5.3.3 World Indirect Procurement Outsourcing Market Size Market Share by Type (2018-2029)

6 Market Analysis by Application
    6.1 World Indirect Procurement Outsourcing Market Size Overview by Application: 2018 VS 2022 VS 2029
    6.2 Segment Introduction by Application
        6.2.1 CPG & Retail
        6.2.2 BFSI Sector
        6.2.3 Manufacturing Sector
        6.2.4 Energy & Utilities
        6.2.5 Energy & Utilities
        6.2.6 Healthcare & Pharma
        6.2.7 Others
    6.3 Market Segment by Application
        6.3.1 World Indirect Procurement Outsourcing Market Size by Application (2018-2023)
        6.3.2 World Indirect Procurement Outsourcing Market Size by Application (2024-2029)
        6.3.3 World Indirect Procurement Outsourcing Market Size by Application (2018-2029)

7 Company Profiles
    7.1 IBM
        7.1.1 IBM Details
        7.1.2 IBM Major Business
        7.1.3 IBM Indirect Procurement Outsourcing Product and Services
        7.1.4 IBM Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.1.5 IBM Recent Developments/Updates
        7.1.6 IBM Competitive Strengths & Weaknesses
    7.2 Accenture
        7.2.1 Accenture Details
        7.2.2 Accenture Major Business
        7.2.3 Accenture Indirect Procurement Outsourcing Product and Services
        7.2.4 Accenture Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.2.5 Accenture Recent Developments/Updates
        7.2.6 Accenture Competitive Strengths & Weaknesses
    7.3 GEP
        7.3.1 GEP Details
        7.3.2 GEP Major Business
        7.3.3 GEP Indirect Procurement Outsourcing Product and Services
        7.3.4 GEP Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.3.5 GEP Recent Developments/Updates
        7.3.6 GEP Competitive Strengths & Weaknesses
    7.4 Infosys
        7.4.1 Infosys Details
        7.4.2 Infosys Major Business
        7.4.3 Infosys Indirect Procurement Outsourcing Product and Services
        7.4.4 Infosys Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.4.5 Infosys Recent Developments/Updates
        7.4.6 Infosys Competitive Strengths & Weaknesses
    7.5 Capgemini
        7.5.1 Capgemini Details
        7.5.2 Capgemini Major Business
        7.5.3 Capgemini Indirect Procurement Outsourcing Product and Services
        7.5.4 Capgemini Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.5.5 Capgemini Recent Developments/Updates
        7.5.6 Capgemini Competitive Strengths & Weaknesses
    7.6 Genpact
        7.6.1 Genpact Details
        7.6.2 Genpact Major Business
        7.6.3 Genpact Indirect Procurement Outsourcing Product and Services
        7.6.4 Genpact Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.6.5 Genpact Recent Developments/Updates
        7.6.6 Genpact Competitive Strengths & Weaknesses
    7.7 TCS
        7.7.1 TCS Details
        7.7.2 TCS Major Business
        7.7.3 TCS Indirect Procurement Outsourcing Product and Services
        7.7.4 TCS Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.7.5 TCS Recent Developments/Updates
        7.7.6 TCS Competitive Strengths & Weaknesses
    7.8 Xchanging
        7.8.1 Xchanging Details
        7.8.2 Xchanging Major Business
        7.8.3 Xchanging Indirect Procurement Outsourcing Product and Services
        7.8.4 Xchanging Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.8.5 Xchanging Recent Developments/Updates
        7.8.6 Xchanging Competitive Strengths & Weaknesses
    7.9 WNS
        7.9.1 WNS Details
        7.9.2 WNS Major Business
        7.9.3 WNS Indirect Procurement Outsourcing Product and Services
        7.9.4 WNS Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023)
        7.9.5 WNS Recent Developments/Updates
        7.9.6 WNS Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Indirect Procurement Outsourcing Industry Chain
    8.2 Indirect Procurement Outsourcing Upstream Analysis
    8.3 Indirect Procurement Outsourcing Midstream Analysis
    8.4 Indirect Procurement Outsourcing Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Indirect Procurement Outsourcing Revenue by Region (2018, 2022 and 2029) & (USD Million), (by Headquarter Location)
    Table 2. World Indirect Procurement Outsourcing Revenue by Region (2018-2023) & (USD Million), (by Headquarter Location)
    Table 3. World Indirect Procurement Outsourcing Revenue by Region (2024-2029) & (USD Million), (by Headquarter Location)
    Table 4. World Indirect Procurement Outsourcing Revenue Market Share by Region (2018-2023), (by Headquarter Location)
    Table 5. World Indirect Procurement Outsourcing Revenue Market Share by Region (2024-2029), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Indirect Procurement Outsourcing Consumption Value Growth Rate Forecast by Region (2018 & 2022 & 2029) & (USD Million)
    Table 8. World Indirect Procurement Outsourcing Consumption Value by Region (2018-2023) & (USD Million)
    Table 9. World Indirect Procurement Outsourcing Consumption Value Forecast by Region (2024-2029) & (USD Million)
    Table 10. World Indirect Procurement Outsourcing Revenue by Player (2018-2023) & (USD Million)
    Table 11. Revenue Market Share of Key Indirect Procurement Outsourcing Players in 2022
    Table 12. World Indirect Procurement Outsourcing Industry Rank of Major Player, Based on Revenue in 2022
    Table 13. Global Indirect Procurement Outsourcing Company Evaluation Quadrant
    Table 14. Head Office of Key Indirect Procurement Outsourcing Player
    Table 15. Indirect Procurement Outsourcing Market: Company Product Type Footprint
    Table 16. Indirect Procurement Outsourcing Market: Company Product Application Footprint
    Table 17. Indirect Procurement Outsourcing Mergers & Acquisitions Activity
    Table 18. United States VS China Indirect Procurement Outsourcing Market Size Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 19. United States VS China Indirect Procurement Outsourcing Consumption Value Comparison, (2018 & 2022 & 2029) & (USD Million)
    Table 20. United States Based Indirect Procurement Outsourcing Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023) & (USD Million)
    Table 22. United States Based Companies Indirect Procurement Outsourcing Revenue Market Share (2018-2023)
    Table 23. China Based Indirect Procurement Outsourcing Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023) & (USD Million)
    Table 25. China Based Companies Indirect Procurement Outsourcing Revenue Market Share (2018-2023)
    Table 26. Rest of World Based Indirect Procurement Outsourcing Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Indirect Procurement Outsourcing Revenue, (2018-2023) & (USD Million)
    Table 28. Rest of World Based Companies Indirect Procurement Outsourcing Revenue Market Share (2018-2023)
    Table 29. World Indirect Procurement Outsourcing Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Table 30. World Indirect Procurement Outsourcing Market Size by Type (2018-2023) & (USD Million)
    Table 31. World Indirect Procurement Outsourcing Market Size by Type (2024-2029) & (USD Million)
    Table 32. World Indirect Procurement Outsourcing Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Table 33. World Indirect Procurement Outsourcing Market Size by Application (2018-2023) & (USD Million)
    Table 34. World Indirect Procurement Outsourcing Market Size by Application (2024-2029) & (USD Million)
    Table 35. IBM Basic Information, Area Served and Competitors
    Table 36. IBM Major Business
    Table 37. IBM Indirect Procurement Outsourcing Product and Services
    Table 38. IBM Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 39. IBM Recent Developments/Updates
    Table 40. IBM Competitive Strengths & Weaknesses
    Table 41. Accenture Basic Information, Area Served and Competitors
    Table 42. Accenture Major Business
    Table 43. Accenture Indirect Procurement Outsourcing Product and Services
    Table 44. Accenture Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 45. Accenture Recent Developments/Updates
    Table 46. Accenture Competitive Strengths & Weaknesses
    Table 47. GEP Basic Information, Area Served and Competitors
    Table 48. GEP Major Business
    Table 49. GEP Indirect Procurement Outsourcing Product and Services
    Table 50. GEP Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 51. GEP Recent Developments/Updates
    Table 52. GEP Competitive Strengths & Weaknesses
    Table 53. Infosys Basic Information, Area Served and Competitors
    Table 54. Infosys Major Business
    Table 55. Infosys Indirect Procurement Outsourcing Product and Services
    Table 56. Infosys Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 57. Infosys Recent Developments/Updates
    Table 58. Infosys Competitive Strengths & Weaknesses
    Table 59. Capgemini Basic Information, Area Served and Competitors
    Table 60. Capgemini Major Business
    Table 61. Capgemini Indirect Procurement Outsourcing Product and Services
    Table 62. Capgemini Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 63. Capgemini Recent Developments/Updates
    Table 64. Capgemini Competitive Strengths & Weaknesses
    Table 65. Genpact Basic Information, Area Served and Competitors
    Table 66. Genpact Major Business
    Table 67. Genpact Indirect Procurement Outsourcing Product and Services
    Table 68. Genpact Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 69. Genpact Recent Developments/Updates
    Table 70. Genpact Competitive Strengths & Weaknesses
    Table 71. TCS Basic Information, Area Served and Competitors
    Table 72. TCS Major Business
    Table 73. TCS Indirect Procurement Outsourcing Product and Services
    Table 74. TCS Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 75. TCS Recent Developments/Updates
    Table 76. TCS Competitive Strengths & Weaknesses
    Table 77. Xchanging Basic Information, Area Served and Competitors
    Table 78. Xchanging Major Business
    Table 79. Xchanging Indirect Procurement Outsourcing Product and Services
    Table 80. Xchanging Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 81. Xchanging Recent Developments/Updates
    Table 82. WNS Basic Information, Area Served and Competitors
    Table 83. WNS Major Business
    Table 84. WNS Indirect Procurement Outsourcing Product and Services
    Table 85. WNS Indirect Procurement Outsourcing Revenue, Gross Margin and Market Share (2018-2023) & (USD Million)
    Table 86. Global Key Players of Indirect Procurement Outsourcing Upstream (Raw Materials)
    Table 87. Indirect Procurement Outsourcing Typical Customers
List of Figure
    Figure 1. Indirect Procurement Outsourcing Picture
    Figure 2. World Indirect Procurement Outsourcing Total Market Size: 2018 & 2022 & 2029, (USD Million)
    Figure 3. World Indirect Procurement Outsourcing Total Market Size (2018-2029) & (USD Million)
    Figure 4. World Indirect Procurement Outsourcing Revenue Market Share by Region (2018, 2022 and 2029) & (USD Million) , (by Headquarter Location)
    Figure 5. World Indirect Procurement Outsourcing Revenue Market Share by Region (2018-2029), (by Headquarter Location)
    Figure 6. United States Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 7. China Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 8. Europe Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 9. Japan Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 10. South Korea Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 11. ASEAN Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 12. India Based Company Indirect Procurement Outsourcing Revenue (2018-2029) & (USD Million)
    Figure 13. Indirect Procurement Outsourcing Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 16. World Indirect Procurement Outsourcing Consumption Value Market Share by Region (2018-2029)
    Figure 17. United States Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 18. China Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 19. Europe Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 20. Japan Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 21. South Korea Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 22. ASEAN Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 23. India Indirect Procurement Outsourcing Consumption Value (2018-2029) & (USD Million)
    Figure 24. Producer Shipments of Indirect Procurement Outsourcing by Player Revenue ($MM) and Market Share (%): 2022
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Indirect Procurement Outsourcing Markets in 2022
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Indirect Procurement Outsourcing Markets in 2022
    Figure 27. United States VS China: Indirect Procurement Outsourcing Revenue Market Share Comparison (2018 & 2022 & 2029)
    Figure 28. United States VS China: Indirect Procurement Outsourcing Consumption Value Market Share Comparison (2018 & 2022 & 2029)
    Figure 29. World Indirect Procurement Outsourcing Market Size by Type, (USD Million), 2018 & 2022 & 2029
    Figure 30. World Indirect Procurement Outsourcing Market Size Market Share by Type in 2022
    Figure 31. Marketing Related Services
    Figure 32. IT Related Services
    Figure 33. HR Related Services
    Figure 34. Facilities Management & Office Services
    Figure 35. Others
    Figure 36. World Indirect Procurement Outsourcing Market Size Market Share by Type (2018-2029)
    Figure 37. World Indirect Procurement Outsourcing Market Size by Application, (USD Million), 2018 & 2022 & 2029
    Figure 38. World Indirect Procurement Outsourcing Market Size Market Share by Application in 2022
    Figure 39. CPG & Retail
    Figure 40. BFSI Sector
    Figure 41. Manufacturing Sector
    Figure 42. Energy & Utilities
    Figure 43. Hi-Tech & Telecom
    Figure 44. Healthcare & Pharma
    Figure 45. Others
    Figure 46. Indirect Procurement Outsourcing Industrial Chain
    Figure 47. Methodology
    Figure 48. Research Process and Data Source

Research Methodology

Client Requirements

Review and analyze client requirements

Discussion of all the project requirements and queries

Flexibility Check

Project Feasibility Analysis

Finalizing tentative research programme

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

Determination of key drivers, restraints, challenge, and opportunity

Identifies market needs and trends

Market Size Estimation & Forecast

Estimation of historical data based on secondary and primary data

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

Consideration of geography, region-specific product/service demand for region segments

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

Data Source

Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

Collection of data

Cumulating and collating the essential qualitative and quantitative data

Generation of report in client requested format by research analysts

Reviews by expert analysts

Final quality check

Clarifying queries

Receiving feedback

Ensuring satisfaction

01 Identification of data

This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.
02 Evaluation of Market Dynamic

This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.
03 Collection of Data

This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.
04 Collaboration of Data

This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.
05 Verification and Analysis

This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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date 02 Jan 2024

date Service & Software

According to our (Global Info Research) latest study, the global Indirect Procurement Outsourcing market size was valued at USD 2553.8 million in 2023 and is forecast to a readjusted size of USD 3321.9 million by 2030 with a CAGR of 3.8% during review period.

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Indirect Procurement Outsourcing

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