Product Code: ETC5486047 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Norway procurement as a service market is expanding, driven by the need for cost efficiency and strategic sourcing. Companies are outsourcing their procurement functions to specialized service providers to streamline their processes and access advanced technologies. The market is witnessing growth as businesses seek flexibility and expertise in procurement management.
The increasing outsourcing of procurement functions to specialized service providers is a key driver of the procurement as a service market in Norway. Companies are looking to improve efficiency and reduce costs by leveraging external expertise in procurement management. Additionally, the rising need for digital procurement solutions and advanced analytics is boosting demand for these services.
The procurement as a service market in Norway faces resistance from businesses hesitant to outsource critical procurement functions. Additionally, concerns over data security and the reliability of third-party providers create trust issues. Integration with existing procurement systems is also a challenge, as is the cost of adopting these services, especially for small businesses.
Norwegian public sector procurement policies increasingly embrace Procurement as a Service (PaaS) solutions, with the government encouraging the adoption of cloud-based services for better scalability and improved efficiency in managing procurement processes across public institutions.
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 Norway Procurement as a Service Market Overview |
3.1 Norway Country Macro Economic Indicators |
3.2 Norway Procurement as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 Norway Procurement as a Service Market - Industry Life Cycle |
3.4 Norway Procurement as a Service Market - Porter's Five Forces |
3.5 Norway Procurement as a Service Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Norway Procurement as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 Norway Procurement as a Service Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Norway Procurement as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of digitalization in procurement processes |
4.2.2 Demand for cost efficiency and operational effectiveness |
4.2.3 Focus on strategic sourcing and supplier relationship management |
4.3 Market Restraints |
4.3.1 Data security and privacy concerns |
4.3.2 Resistance to change from traditional procurement methods |
4.3.3 Lack of skilled procurement professionals |
5 Norway Procurement as a Service Market Trends |
6 Norway Procurement as a Service Market Segmentations |
6.1 Norway Procurement as a Service Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Norway Procurement as a Service Market Revenues & Volume, By Strategic Sourcing, 2021-2031F |
6.1.3 Norway Procurement as a Service Market Revenues & Volume, By Spend Management, 2021-2031F |
6.1.4 Norway Procurement as a Service Market Revenues & Volume, By Category Management, 2021-2031F |
6.1.5 Norway Procurement as a Service Market Revenues & Volume, By Process Management, 2021-2031F |
6.1.6 Norway Procurement as a Service Market Revenues & Volume, By Contract Management, 2021-2031F |
6.1.7 Norway Procurement as a Service Market Revenues & Volume, By Transactions Management, 2021-2031F |
6.2 Norway Procurement as a Service Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 Norway Procurement as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 Norway Procurement as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 Norway Procurement as a Service Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 Norway Procurement as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 Norway Procurement as a Service Market Revenues & Volume, By Retail and consumer packaged goods, 2021-2031F |
6.3.4 Norway Procurement as a Service Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.5 Norway Procurement as a Service Market Revenues & Volume, By IT and Telecom, 2021-2031F |
6.3.6 Norway Procurement as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.7 Norway Procurement as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.8 Norway Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 Norway Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
7 Norway Procurement as a Service Market Import-Export Trade Statistics |
7.1 Norway Procurement as a Service Market Export to Major Countries |
7.2 Norway Procurement as a Service Market Imports from Major Countries |
8 Norway Procurement as a Service Market Key Performance Indicators |
8.1 Procurement cost savings percentage |
8.2 Vendor performance metrics (e.g., on-time delivery, quality) |
8.3 Procurement cycle time |
8.4 Supplier diversity and sustainability metrics |
8.5 Procurement process automation rate |
9 Norway Procurement as a Service Market - Opportunity Assessment |
9.1 Norway Procurement as a Service Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Norway Procurement as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 Norway Procurement as a Service Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Norway Procurement as a Service Market - Competitive Landscape |
10.1 Norway Procurement as a Service Market Revenue Share, By Companies, 2024 |
10.2 Norway Procurement as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |