Product Code: ETC5485999 | Publication Date: Nov 2023 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The procurement as a service (PaaS) market in Fiji is gaining traction as organizations look to outsource and streamline their procurement functions. By leveraging third-party services, businesses can access specialized expertise, reduce operational costs, and enhance procurement efficiency. The PaaS market is particularly relevant for small and medium-sized enterprises (SMEs) in Fiji, as it enables them to focus on their core competencies while leaving procurement management to external experts. As the demand for cost-effective solutions grows, the market for procurement as a service is expected to expand.
The procurement as a service (PaaS) market in Fiji is driven by the increasing adoption of outsourcing to streamline procurement processes. Companies are seeking cost-effective solutions to manage sourcing, supplier management, and spend analysis, without investing heavily in in-house infrastructure. The rise of cloud-based platforms that offer scalable and flexible procurement services, along with the ability to leverage expert knowledge in procurement strategy, is propelling the market`s growth.
The procurement as a service (PaaS) market in Fiji faces challenges related to limited market awareness and the relatively small size of the local business sector. While there is potential for growth in this market, many Fijian companies still prefer to handle procurement in-house, often due to concerns about costs and trust in external providers. The lack of local PaaS vendors offering tailored solutions further limits the growth of this market. Additionally, the need for a highly skilled workforce to manage procurement processes and data analytics in Fiji is a barrier to the wider adoption of PaaS solutions.
Government efforts to streamline procurement processes positively impact the procurement as a service market. Policies encouraging partnerships with private service providers ensure cost-effective and efficient procurement operations across public and private sectors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Fiji Procurement as a Service Market Overview |
3.1 Fiji Country Macro Economic Indicators |
3.2 Fiji Procurement as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 Fiji Procurement as a Service Market - Industry Life Cycle |
3.4 Fiji Procurement as a Service Market - Porter's Five Forces |
3.5 Fiji Procurement as a Service Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Fiji Procurement as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Fiji Procurement as a Service Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Fiji Procurement as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Fiji Procurement as a Service Market Trends |
6 Fiji Procurement as a Service Market Segmentations |
6.1 Fiji Procurement as a Service Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Fiji Procurement as a Service Market Revenues & Volume, By Strategic Sourcing, 2021-2031F |
6.1.3 Fiji Procurement as a Service Market Revenues & Volume, By Spend Management, 2021-2031F |
6.1.4 Fiji Procurement as a Service Market Revenues & Volume, By Category Management, 2021-2031F |
6.1.5 Fiji Procurement as a Service Market Revenues & Volume, By Process Management, 2021-2031F |
6.1.6 Fiji Procurement as a Service Market Revenues & Volume, By Contract Management, 2021-2031F |
6.1.7 Fiji Procurement as a Service Market Revenues & Volume, By Transactions Management, 2021-2031F |
6.2 Fiji Procurement as a Service Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Fiji Procurement as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Fiji Procurement as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Fiji Procurement as a Service Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Fiji Procurement as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 Fiji Procurement as a Service Market Revenues & Volume, By Retail and consumer packaged goods, 2021-2031F |
6.3.4 Fiji Procurement as a Service Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.5 Fiji Procurement as a Service Market Revenues & Volume, By IT and Telecom, 2021-2031F |
6.3.6 Fiji Procurement as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.7 Fiji Procurement as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.8 Fiji Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Fiji Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
7 Fiji Procurement as a Service Market Import-Export Trade Statistics |
7.1 Fiji Procurement as a Service Market Export to Major Countries |
7.2 Fiji Procurement as a Service Market Imports from Major Countries |
8 Fiji Procurement as a Service Market Key Performance Indicators |
9 Fiji Procurement as a Service Market - Opportunity Assessment |
9.1 Fiji Procurement as a Service Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Fiji Procurement as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Fiji Procurement as a Service Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Fiji Procurement as a Service Market - Competitive Landscape |
10.1 Fiji Procurement as a Service Market Revenue Share, By Companies, 2024 |
10.2 Fiji Procurement as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |