Industry Analysis & Industry Trends
The Procurement Outsourcing Services industry has enjoyed buoyant conditions over the past five years. Industry revenue is expected to grow at an annualised 10.2% over the period to reach $135.9 million in 2014-15. The industry has benefited from the growing number of Australian businesses, as its markets are highly diversified. These businesses have also been increasingly outsourcing their activities, which has supported demand for outsourced procurement services.
Broadly positive business confidence levels over the period have contributed to growth in procurement activities and volumes. The industry outsources some of these activities, which benefits revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry exhibits a low level of market share concentration, with the four largest players estimated to generate less than 40% of industry revenue. Globalised IT consulting firms dominate the industry. At one end of the spectrum are niche operators providing procurement services to specialised industries and clients. At the other are well-known consulting brands with a small footprint in the industry that functions as a value add to larger supply chain consulting services.
Fragmentation is expected to remain a feature of the industry over the next five years. While establishments per enterprise are expected to grow, growth in revenue per enterprise is not expected to exceed revenue growth... purchase to read more