Product Code: ETC4410581 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Procurement as a Service market in the United Arab Emirates (UAE) is evolving to meet the changing needs of businesses in the country. As UAE companies look to optimize their procurement processes and reduce costs, the demand for outsourced procurement services has increased. Procurement as a Service providers offer expertise and resources to streamline sourcing, vendor management, and procurement operations. In a competitive business landscape, UAE firms are turning to these services to enhance their procurement efficiency, compliance, and cost savings, thus driving the growth of the Procurement as a Service market.
The Procurement as a Service market in the UAE is growing due to several drivers, reflecting the country`s focus on efficiency, cost optimization, and supply chain management. Organizations in the UAE are increasingly outsourcing their procurement functions to specialized service providers to gain cost advantages, reduce operational risks, and enhance procurement efficiency. This approach aligns with the UAE strategic objectives to streamline public and private sector procurement processes. The UAE commitment to sustainability and responsible sourcing has also driven the demand for specialized procurement services that can help ensure ethical and compliant procurement practices. Additionally, the growing complexities in global supply chains and the need for resilience in the face of disruptions have further boosted the adoption of Procurement as a Service. The market`s growth is closely linked to the UAE ambitions to become a global business and logistics hub.
The Procurement as a Service Market in the UAE confronts challenges associated with customization and scalability. Providing tailored procurement solutions while ensuring scalability across diverse industries and business sizes requires flexibility and adaptability. Moreover, aligning with changing procurement regulations and industry standards presents ongoing challenges.
The pandemic emphasized the need for more agile and cost-effective procurement solutions in the UAE. Businesses turned to Procurement as a Service models to manage supply chains, sourcing, and vendor relationships efficiently in volatile market conditions.
In the UAE Procurement as a Service market, notable players like GEP, Accenture, and IBM are shaping the landscape of procurement outsourcing. These companies provide comprehensive procurement services that help organizations in the UAE optimize their procurement processes, reduce costs, and enhance supply chain efficiency. Their services cover strategic sourcing, category management, and supplier relationship management.
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 United Arab Emirates (UAE) Procurement as a Service Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Procurement as a Service Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Procurement as a Service Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
3.7 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 United Arab Emirates (UAE) Procurement as a Service Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Procurement as a Service Market Trends |
6 United Arab Emirates (UAE) Procurement as a Service Market, By Types |
6.1 United Arab Emirates (UAE) Procurement as a Service Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Strategic Sourcing, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Spend Management, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Category Management, 2021-2031F |
6.1.6 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Process Management, 2021-2031F |
6.1.7 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Contract Management, 2021-2031F |
6.1.8 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Transactions Management, 2021-2031F |
6.2 United Arab Emirates (UAE) Procurement as a Service Market, By Organization Size |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By SMEs, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.3 United Arab Emirates (UAE) Procurement as a Service Market, By Vertical |
6.3.1 Overview and Analysis |
6.3.2 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.3.3 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Retail and consumer packaged goods, 2021-2031F |
6.3.4 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.3.5 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By IT and Telecom, 2021-2031F |
6.3.6 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Energy and Utilities, 2021-2031F |
6.3.7 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Healthcare, 2021-2031F |
6.3.8 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
6.3.9 United Arab Emirates (UAE) Procurement as a Service Market Revenues & Volume, By Others, 2021-2031F |
7 United Arab Emirates (UAE) Procurement as a Service Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Procurement as a Service Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Procurement as a Service Market Imports from Major Countries |
8 United Arab Emirates (UAE) Procurement as a Service Market Key Performance Indicators |
9 United Arab Emirates (UAE) Procurement as a Service Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Procurement as a Service Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 United Arab Emirates (UAE) Procurement as a Service Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
9.3 United Arab Emirates (UAE) Procurement as a Service Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 United Arab Emirates (UAE) Procurement as a Service Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Procurement as a Service Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Procurement as a Service Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |