Product Code: ETC4410591 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
Kenya Procurement as a Service Market is growing, driven by the demand for outsourcing procurement functions to specialized service providers. Procurement as a service offers benefits such as cost savings, access to expertise, and improved procurement efficiency. The market growth is supported by the increasing adoption of outsourcing, the need for flexible and scalable procurement solutions, and advancements in procurement technology. The focus on strategic procurement and cost optimization further propels market expansion.
The Kenya Procurement as a Service Market is driven by the growing trend of outsourcing procurement functions to third-party service providers. Businesses seek to leverage expertise, reduce costs, and improve efficiency through procurement outsourcing, fueling market growth.
The Kenya procurement as a service market encounters challenges related to regulatory constraints and data security concerns. Market players face difficulties in convincing organizations to outsource their procurement processes. Additionally, ensuring service quality and adherence to industry standards pose hurdles for market expansion.
Challenges within the Kenya procurement as a service market include building trust and credibility among clients, especially in sensitive areas like strategic sourcing and supplier management. Additionally, ensuring transparency, fairness, and compliance with procurement regulations and ethical standards pose significant hurdles for service providers. Moreover, addressing concerns related to data security and confidentiality remains critical for market adoption and success.
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 Kenya Procurement as a Service Market Overview |
3.1 Kenya Country Macro Economic Indicators |
3.2 Kenya Procurement as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 Kenya Procurement as a Service Market - Industry Life Cycle |
3.4 Kenya Procurement as a Service Market - Porter's Five Forces |
3.5 Kenya Procurement as a Service Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Kenya Procurement as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Kenya Procurement as a Service Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Kenya Procurement as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digital procurement solutions in Kenya |
4.2.2 Government initiatives promoting transparency and efficiency in procurement processes |
4.2.3 Growing awareness among businesses about the benefits of outsourcing procurement services |
4.3 Market Restraints |
4.3.1 Limited awareness about procurement as a service offerings among small and medium enterprises in Kenya |
4.3.2 Concerns about data security and privacy in outsourcing procurement functions |
5 Kenya Procurement as a Service Market Trends |
6 Kenya Procurement as a Service Market, By Types |
6.1 Kenya Procurement as a Service Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Kenya Procurement as a Service Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Kenya Procurement as a Service Market Revenues & Volume, By Strategic Sourcing, 2021-2031F |
6.1.4 Kenya Procurement as a Service Market Revenues & Volume, By Spend Management, 2021-2031F |
6.1.5 Kenya Procurement as a Service Market Revenues & Volume, By Category Management, 2021-2031F |
6.1.6 Kenya Procurement as a Service Market Revenues & Volume, By Process Management, 2021-2031F |
6.1.7 Kenya Procurement as a Service Market Revenues & Volume, By Contract Management, 2021-2031F |
6.1.8 Kenya Procurement as a Service Market Revenues & Volume, By Transactions Management, 2021-2031F |
6.2 Kenya Procurement as a Service Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Kenya Procurement as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Kenya Procurement as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Kenya Procurement as a Service Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Kenya Procurement as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 Kenya Procurement as a Service Market Revenues & Volume, By Retail and consumer packaged goods, 2021-2031F |
6.3.4 Kenya Procurement as a Service Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.5 Kenya Procurement as a Service Market Revenues & Volume, By IT and Telecom, 2021-2031F |
6.3.6 Kenya Procurement as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.7 Kenya Procurement as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.8 Kenya Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Kenya Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
7 Kenya Procurement as a Service Market Import-Export Trade Statistics |
7.1 Kenya Procurement as a Service Market Export to Major Countries |
7.2 Kenya Procurement as a Service Market Imports from Major Countries |
8 Kenya Procurement as a Service Market Key Performance Indicators |
8.1 Percentage increase in the number of businesses adopting procurement as a service |
8.2 Average time savings achieved by businesses utilizing procurement as a service |
8.3 Number of successful government tenders facilitated through procurement service providers |
8.4 Percentage increase in the efficiency of procurement processes for businesses outsourcing these services |
8.5 Customer satisfaction scores related to procurement service providers |
9 Kenya Procurement as a Service Market - Opportunity Assessment |
9.1 Kenya Procurement as a Service Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Kenya Procurement as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Kenya Procurement as a Service Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Kenya Procurement as a Service Market - Competitive Landscape |
10.1 Kenya Procurement as a Service Market Revenue Share, By Companies, 2024 |
10.2 Kenya Procurement as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |