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Procurement Outsourcing Services in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Procurement Outsourcing Services Market Research Report | SIC UK0.014 | Apr 2017

A new source: A rise in the number of businesses has supported the expansion of industry demand

The Procurement Outsourcing Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Accenture plc Accenture plc market share
Capita plc Capita plc market share
IBM United Kingdom Ltd IBM United Kingdom Ltd market share
Industry Statistics & Market Size
Revenue
£2bn
Annual Growth 12-17
4.1%
Annual Growth 17-22
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Profit
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Employment
20,246
Businesses
1,893
Industry Analysis & Industry Trends

The industry has expanded over the past five years. This is primarily because businesses chose to outsource procurement sourcing activities in order to improve cost efficiencies. Demand from public-sector organisations also increased because of pressures on public spending. In addition, rising IT and telecommunications adoption made it easier to outsource activities to industry operators. Improvements in business capital spending also increased business capacity levels, which in turn increased the need for industry services. However, weak manufacturing activity and the closure of many retail stores constrained growth, as they a key market for the industry. Industry revenue is projected to grow at a compound annual rate of 4.1% over the five years through 2016-17 to £1.6 billion... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Procurement Outsourcing Services industry exhibits a low level of market share concentration, since the four largest players are estimated to generate approximately 36.1% of industry revenue in 2016-17. The industry is characterised by a few large players and many small enterprises.

Market share concentration varies between product and market segments as many firms, especially smaller players, tend to target specific market segments. Fragmentation is expected to remain a feature of the industry over the next five years. However, market share concentration is projected to increase over the coming period as larger firms acquire smaller players.

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Industry ProductsRelated ReportsTable of Contents

What is the Procurement Outsourcing Services Industry?

Businesses in this industry provide direct and indirect procurement services for their clients. Procurement outsourcing allows client companies to reduce their costs and become more efficient.

Industry Products
Direct procurementIndirect procurement
 
Industry Activities
Direct procurementIndirect procurement


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