Business Industry Sci-Tech

Indirect Procurement Outsourcing Market Recent Growth, Opportunities and Forecast to 2023 Key Players: IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging, WNS

Press Release

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.

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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.

According to this study, over the next five years the Indirect Procurement Outsourcing market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global revenue market share of key companies in Indirect Procurement Outsourcing business, shared in Chapter 3.

This report presents a comprehensive overview, market shares and growth opportunities of Indirect Procurement Outsourcing market by product type, application, key companies and key regions.

This study considers the Indirect Procurement Outsourcing value generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 10.7.

Marketing Related Services

IT Related Services

Facilities Management & Office Services


Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 10.8.

CPG & Retail

BFSI Sector

Manufacturing Sector

Energy & Utilities

Hi-Tech & Telecom

Healthcare & Pharma


The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.










In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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 Research objectives

To study and analyze the global Indirect Procurement Outsourcing market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.

To understand the structure of Indirect Procurement Outsourcing market by identifying its various subsegments.

Focuses on the key global Indirect Procurement Outsourcing players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the Indirect Procurement Outsourcing with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the size of Indirect Procurement Outsourcing submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

Table of Contents

2018-2023 Global Indirect Procurement Outsourcing Market Report (Status and Outlook)

1 Scope of the Report

1.1 Market Introduction

1.2 Research Objectives

1.3 Years Considered

1.4 Market Research Methodology

1.5 Economic Indicators

1.6 Currency Considered

2 Executive Summary

2.1 World Market Overview

2.1.1 Global Indirect Procurement Outsourcing Market Size 2013-2023

2.1.2 Indirect Procurement Outsourcing Market Size CAGR by Region

2.2 Indirect Procurement Outsourcing Segment by Type

2.2.1 Marketing Related Services

2.2.2 IT Related Services

2.2.3 HR Related Services

2.2.4 Facilities Management & Office Services

2.2.5 Others

2.3 Indirect Procurement Outsourcing Market Size by Type

2.3.1 Global Indirect Procurement Outsourcing Market Size Market Share by Type (2013-2018)

2.3.2 Global Indirect Procurement Outsourcing Market Size Growth Rate by Type (2013-2018)

2.4 Indirect Procurement Outsourcing Segment by Application

2.4.1 CPG & Retail

2.4.2 BFSI Sector

2.4.3 Manufacturing Sector

2.4.4 Energy & Utilities

2.4.5 Hi-Tech & Telecom

2.4.6 Healthcare & Pharma

2.4.7 Others

2.5 Indirect Procurement Outsourcing Market Size by Application

2.5.1 Global Indirect Procurement Outsourcing Market Size Market Share by Application (2013-2018)


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