Global Service Procurement Market Expected a High Growth in Future | Top Key Vendors Studied like SAP Fieldglass, Beeline, DCR Workforce, PeopleFluent, Provade, PIXID, Upwork

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Increasing number of freelancers in the job market and growing impetus on workforce analytics are major factors driving the growth of the Service Procurement Market. Moreover, effective management of spending on contractual workers is expected to drive the Service Procurement Market. Service procurement market refers to activities directly involved in purchasing and sourcing business services that enable a company to promote itself, and its products and services in the market (as opposed to procurement of classical goods, e.g. components, raw materials)

Report Consultant's analysts forecast the global service procurement market is expected to grow at a CAGR of +11.8%.

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Top Key Players:

SAP Fieldglass (US), Beeline (US), DCR Workforce (US), PRO Unlimited (US), PeopleFluent (US), Provade (US), PIXID (France), Upwork (US), Field Nation (US), WorkMarket (US), Superior Group (US), Enlighta (US), and TargetRecruit (US).

Service Procurement Market segment by Type, the product can be split into

·         Contingent Workforce Management
·         Freelancer Management
·         Statement of Work Procurement
·         Services Governance and MSA Management
·         Analytics and Reporting
·         Resource Sourcing and Tracking

Market segment by Application, split into

·         Banking, Financial Services, and Insurance
·         Telecom and IT
·         Manufacturing
·         Retail and Consumer goods
·         Government
·         Healthcare and Life Sciences
·         Transportation and Logistics
·         Energy and Utilities
·         Others

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In this study, the years considered to estimate the size of service procurement market are as follows:

History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025

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