Service Procurement Market Is Booming Across the World by Major Vendors: SAP Fieldglass, Beeline, DCR Workforce, PeopleFluent, Provade, PIXID, and Upwork

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Tokyo, Japan -- (SBWire) -- 01/07/2019 --Increasing number of freelancers in the job market and growing impetus on workforce analytics are major factors driving the growth of the service procurement sector. Moreover, effective management of spending on contractual workers is expected to drive the Service Procurement Market. Service procurement industry 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%.

Primary research techniques such as interactions via e-mails and telephonic interviews were conducted. Data collection from company websites, press releases, and several regional and global databases and various other secondary research methods were undertaken for formulating the study. The report offers a detailed overview of key elements of the market and factors such as drivers, restraints, popular trends of the past and present times, regulatory scenario, and technological development.

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Top Key Players of Service Procurement Market:

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).

The competitive landscape of the service procurement market has been scrutinized carefully as it forms a major factor contributing to the revenue generation. The key players such as Asia Pacific (APAC), Europe, North America, Middle East & Africa (MEA), and Latin America form the key global regions of which, the region showcasing as the one generating highest market share and the one which is the fastest growing is also described in detail. It serves as a document providing the necessary insights to vendors, therefore enabling them to make data-driven decisions and avoid business losses.

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, and Resource Sourcing and Tracking. Service Procurement industry 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, and Others

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The report offers a multi-step view of the service procurement market. The principal approach passes through an outline of the market. This comprises numerous arrangements, definitions, series and configurations of the industry as a whole and also gives a brief on the different applications of the global market. This section also syndicates a thorough analysis of the abundant growing strategies and government guidelines that influence the global market, which includes its cost structures, and manufacturing procedures.

The major strategies accepted by the established players for a better saturation in the global service procurement market also form a key section of this study. These methods can be employed by the upcoming players for a better view in the market. The global market has also been examined in terms of its revenue. Dynamics such as market drivers, restraints and opportunities have been combined and displayed which helps in collecting the statistics on the future growth of the market.

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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Table of Content:

Chapter 1. Market Overview of Global Service Procurement Market

Chapter 2. Competition Analysis by Players

Chapter 3. Company (Top Players) Profiles

Chapter 4. Service Procurement Market Size by Type and Application

Chapter 5. US Market Status and Outlook

Chapter 6. EU Development Market Status and Outlook

Chapter 7. Japan Service Procurement Market Development Status and Outlook

Chapter 8. China Market Status and Outlook

Chapter 9. India Market Status and Outlook

Chapter 10. Southeast Asia Market Status and Outlook

Chapter 11. Market Forecast by Region, Type and Application

Chapter 12. Service Procurement Market Dynamics

Chapter 13. Market Effect Factor Analysis

Chapter 14. Research Finding/ Conclusion

Chapter 15. Appendix

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View this press release online at: http://rwire.com/1117129