- SynOps, a human-machine controlled engine that makes use of data, advanced analytics, and Artificial Intelligence (AI), was introduced by Accenture in January 2019. It enables enterprises to accomplish intelligent operations across core business processes. These activities include marketing, procurement, and finance and accounting.
Frequently Asked Questions
The market is segmented based on Segmentation, By Service Type (Business Process Outsourcing Services, Consulting Services), Deployment Model (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Marketing Related Services, IT Related Services, HR Related Services, Facilities Management & Office Services and Others), End User (Banking, Financial Services, and Insurance (BFSI), Energy and Utilities, Healthcare, IT and Telecom, Professional Services, Manufacturing, Retail, Logistics, Others) – Industry Trends and Forecast to 2032
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The Global Procurement Outsourcing Services Market size was valued at USD 4.03 USD Billion in 2024.
The Global Procurement Outsourcing Services Market is projected to grow at a CAGR of 14.29% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.