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                  • Algeria

                    European Union Delegation Accuses Algeria of 'Extorting' Businesses – Morocco World News

                    Algeria and China Sign 15+ Partnership Deals – Energy Capital & Power

                    Algeria, Chile Pursue Scientific Partnership – Energy Capital & Power

                    Algeria says it contains wildfires, no injuries – Middle East Monitor

                    Nigeria's Tinubu to meet US corporate executives while at UN General Assembly – Yahoo Finance

                    Russian general with Wagner ties reappears in Algeria – Macau Business

                  • Egypt

                    US urged to withhold military aid to Egypt in wake of Bob Menendez charges – The Guardian US

                    blinx: New digital media hub for Middle East's youth – Dailynewsegypt – Daily News Egypt

                    Egypt, Jordan and Iraq FMs discuss economic, political ties – Arab News

                    All 120 workers rescued after Nile cruise ship accident in Egypt – Arab News

                    Egypt's trade with G20 countries hit $88 bln in 2022 – Economy … – Ahram Online

                    Shell Egypt hosts local Shell Eco-Marathon for Egyptian student … – Daily News Egypt

                    Trending Tags

                    • Commentary
                    • Featured
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                  • Libya

                    64 Palestinians killed in Libya's devastating floods – The Business Post

                    Libya's flood-hit Derna to host reconstruction conference: authorities – Arab News

                    Eastern Libyan government calls for international reconstruction … – Libya Herald

                    What Caused the High Death Toll From Libya's Floods? – Bloomberg

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                    United Kingdom (UK) ramps up vital life-saving support for Libya – ZAWYA

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                      LG Chem with China’s Huayou to make battery materials in Indonesia, Morocco – ThePrint

                      LG Chem pivots to LFP with Huayou for Morocco plant – The Korea Herald

                      Another magnitude earthquake hits Morocco – Blueprint … – Blueprint Newspapers Limited

                      AfDB, EBRD Collaborate to Support SMEs in Morocco, Tunisia, Egypt – Morocco World News

                      Your Daily Phil: Rosh Hashanah in quake-ravaged Morocco + Patrol … – eJewish Philanthropy

                      Hyundai Motor Group donates $1.1M to aid Morocco and Libya – The Korea JoongAng Daily

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                      • South Sudan

                        13 Ugandans abducted by South Sudanese authorities released – Independent

                        Uganda: South Sudan President Salva Kiir Jets in Uganda for a One … – AllAfrica – Top Africa News

                        MC Srebrenica published Reports on War Crimes in Ukraine, Ethiopia, Syria and South Sudan – Sarajevo Times

                        US State, Labor, and Commerce Departments Issue South Sudan … – GlobalComplianceNews

                        China-South Sudan prediction, odds, pick, how to watch FIBA World … – ClutchPoints

                        Civil-military dialogue calls for forgiveness, reconciliation in Yei – Sudan Tribune

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                          Nearly 2 million people in Afghanistan face acute food insecurity: UN – Business Standard

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                          Sudan Situation Report: Aid Agencies Access and Security Risk … – ReliefWeb

                          Head of Sudan's Sovereign Council holds talks with UN, ICC leaders in New York – Middle East Monitor

                          QALA For Financial Investments : Qalaa Holdings 2Q23 Business … – Marketscreener.com

                          Chad/Sudan: International Committee of the Red Cross (ICRC) facilitates release of 30 children previously detained in relation to conflict; ICRC president visits eastern Chad – ZAWYA

                          Trending Tags

                          • Tunisia

                            Tunisia cartoonist freed after arrest for drawings – BusinessGhana

                            'International monetary system has failed,' Tunisian FM tells UN – Arab News

                            UPDATE 1-Germany's Baerbock joins chorus criticizing EU migration deal with Tunisia – Yahoo Finance

                            New Mediterranean weather disturbances threaten Libya, Tunisia … – The Libya Observer

                            'Things Were Good': How One Ivorian Hairdresser Restarted in Tunisia – Pulitzer Center on Crisis Reporting

                            Anastasia Potapova Stuns Tunisia's Ons Jabeur in San Diego Open – Asharq Al-awsat – English

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                            • North Africa
                              TCL تنال لقب “شركة الالكترونيات للعام” ضمن جوائز ستيفي العالمية للأعمال 2023

                              TCL Dubai Crowned Electronics Company of the Year at 2023 International Business Awards

                              TCL تنال لقب “شركة الالكترونيات للعام” ضمن جوائز ستيفي العالمية للأعمال 2023

                              TCL تنال لقب “شركة الالكترونيات للعام” ضمن جوائز ستيفي العالمية للأعمال 2023

                              TCL Launches its New C645 QLED TVs For Exceptional Colour Performance and Endless Entertainment

                              TCL Launches its New C645 QLED TVs For Exceptional Colour Performance and Endless Entertainment

                              TCL Launches its New C645 QLED TVs For Exceptional Colour Performance and Endless Entertainment

                              TCL تطلق أجهزة تلفاز C645 QLED الجديدة لأداء لوني استثنائي وترفيه لا متناهي

                              ملتقى الاستثمار السنوي 2023 يناقش دور التكنولوجيا الرقمية في تصميم مدن المستقبل

                              Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              Trending Tags

                              • Middle east
                                Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List

                                Arab Newswire, a Press release Distribution Service to Middle East and North Africa, Adds GCC Weekly to its Media List

                                A Bold Step Forward for Türkiye’s Financial Future, PayFix Officially Acquires BankPozitif

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                                • Press releases
                                  Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

                                  Air Freight Market is expected to Reach USD 440.16 Billion by 2029 at a CAGR of 5.8 percent

                                  Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

                                  Blue Cheese Market is expected to Hit USD 12.4 Billion by 2029 at a CAGR of 3.6 percent

                                  Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

                                  Car Crusher Machine Market to Reach USD 3.47 Billion by 2029 at a CAGR of 5.4 percent

                                  Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

                                  Meal Kits Market to Reach USD 47.27 Billion by the end of the forecast period at a CAGR of 14.7 percent

                                  Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

                                  Freshwater Fish Market to Reach USD 271.57 Billion by the end of the forecast period at a CAGR of 2.3 percent

                                  Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

                                  Application Integration Market to Reach USD 46.21 Billion by 2029 at a CAGR of 20.1 percent

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                                  Home Press Releases

                                  Procurement as a Service Market may reach to $7.8 billion by 2024

                                  admin by admin
                                  March 11, 2022
                                  in Press Releases
                                  Procurement as a Service Market may reach to $7.8 billion by 2024
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                                  (EMAILWIRE.COM, March 11, 2022 ) According to a new market research report “Procurement as a service Market by Component (Strategic Sourcing, Spend Management, Category Management, Process Management, Contract Management, and Transactions Management), Vertical, Organization Size, and Region – Global Forecast to 2024″ published by MarketsandMarkets™, the Procurement as a Service Market size expected to grow from USD 5.4 billion in 2019 to USD 7.8 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 7.6% during the forecast period.

                                  The increasing demand to automate procurement processes with the help of advanced technologies, and the growing need to reduce the costs associated with procurement operations are some of the major factors driving the growth of the procurement as a service market.

                                  Browse in-depth TOC on “Procurement as a service Market”
                                  49- Tables
                                  31- Figures
                                  117- Pages

                                  Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=145142959

                                  The large enterprises segment to hold a larger market size during the forecast period

                                  The adoption of the procurement as a service in large enterprises is said to be higher as compared to SMEs. Large enterprises might have the necessary resources, but face issues when it comes to deployment, due to the variety of solutions and applications available. This complexity and sophistication of the Information Technology (IT) infrastructure may lead to the requirement of a dedicated department for IT infrastructure management. Moreover, large companies deal with complex contracts, such as military hardware, IT systems, and public infrastructure projects that take longer to deliver and require better expertise. Large enterprises are increasingly moving toward procurement as a service to eliminate their difficulties and minimize their operational costs.

                                  The manufacturing vertical to hold the largest market size during the forecast period

                                  Increasing global competition and rising consumer demand to drive companies to differentiate themselves from their competitors. Manufacturing companies must deliver higher quality at lower prices, newer features, and shorter production times while maintaining market presence and managing costs effectively. As a result, manufacturing companies are progressively adopting procurement outsourcing and technology-driven solutions that enable them to streamline their manufacturing processes and achieve significant cost savings. This, in turn, enables them to focus on their competence areas, such as manufacturing skills, production, and on-time delivery. Procurement as a service in the manufacturing industry takes care of processes, such as spend analysis, sourcing and category management, supplier management, Procure-to-Pay (P2P) and Source-to-Pay (S2P) process management (while ensuring execution compliance), and planning and managing the supply chain costs.

                                  North America to hold the largest market size during the forecast period

                                  North America is estimated to account for the largest market size in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies. The North American region houses key industry players offering procurement services. Its financial position enables it to invest majorly in leading solutions and technologies for effective business operations.

                                  Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=145142959

                                  The major procurement as a service market vendors includes Accenture (Ireland), Infosys (India), GEP (US), Genpact (US), Proxima (UK), WNS (India), Capgemini (France), IBM (US), Wipro (India), HCL Technologies (India), TCS (India), Xchanging (UK), Aegis (India), Corbus (India), and CA Technologies (US).

                                  About MarketsandMarkets™

                                  MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

                                  Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

                                  MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

                                  Contact:

                                  Mr. Aashish Mehra

                                  MarketsandMarkets™ INC.

                                  630 Dundee Road

                                  Suite 430

                                  Northbrook, IL 60062

                                  USA: 1-888-600-6441

                                  Email: sales@marketsandmarkets.com

                                  MnM Blog: https://mnmblog.org

                                  Content Source:https://www.marketsandmarkets.com/PressReleases/procurement-as-a-service.asp



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