PUBLISHER: QKS Group | PRODUCT CODE: 1637606
PUBLISHER: QKS Group | PRODUCT CODE: 1637606
Market Share and Forecast: Vendor Management System (VMS), 2023-2028, Worldwide (Bundle of Two Reports)
This product includes two reports: Market Share and Market Forecast.
Market Share Description:
QKS Group Reveals that Vendor Management System (VMS) Market is Projected to Register a CAGR of above average by 2028.
The Vendor Management System (VMS) has facilitated the integration of flexible and contingent workers into permanent workforces by enabling organizations to effectively manage their contingent workforce. This approach allows organizations to build a labor pool composed of individuals hired for specific periods or projects, thereby increasing their utilization of external talent that was previously inaccessible. The VMS provides insights crucial for contingent workforce management, aiding in cost reduction, enhancing supplier performance, and identifying areas of potential risk. It also improves transparency by ensuring that organizations engage qualified talent and facilitates efficient evaluation of multiple vendors offering similar services.
Quadrant Knowledge Solutions defines VMS "as a software that assists organizations in automating and optimizing various processes related to managing contingent or contractual workforce and their service providers. The VMS also streamlines activities such as searching for talent, hiring, engagement, invoicing, payment processing, and overall management of contingent workforce operations. The key functionalities of VMS software include managing end-to-end activities such as hiring processes, onboarding and offboarding procedures, workflow and requisition management, candidate tracking, contract management, payroll processing, billing and invoicing, performance monitoring, spend tracking, and compliance management. Additionally, VMS offers comprehensive tools to efficiently manage all aspects of the contingent workforce within an organization.
Market Forecast Description:
QKS Group Reveals that Vendor Management System (VMS) Market is Projected to Register a CAGR of above average by 2028.
The Vendor Management System (VMS) software market has experienced significant expansion driven by technological advancements and growing organizational needs. This growth is fueled by the integration of sophisticated analytics, automation capabilities, and cloud computing into VMS solutions, which enhance their effectiveness in managing contingent workforces across diverse industries. The rise of remote work trends and the gig economy has further propelled the adoption of VMS software, enabling organizations to efficiently source, manage, and optimize their external workforce. Moreover, VMS software plays a crucial role in enhancing compliance, reducing costs, and improving operational agility, making it indispensable for enterprises seeking to leverage flexible staffing solutions effectively.
TABLE OF CONTENTS
Market Share:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Share Analysis- Worldwide
- Global VMS Market Share Analysis
Chapter 04: Market Share Analysis
- Market Share by Region
- Market Share Worldwide
- Market Share USA
- Market Share Canada
- Market Share Latin America
- Market Share Western Europe
- Market Share Central & Eastern Europe
- Market Share Middle East & Africa
- Market Share China
- Market Share APAC Ex Japan & China
- Market Share Japan
- Market Share by Industry Verticals
- Market Share by Media & Entertainment
- Market Share by Retail
- Market Share by BFSI
- Market Share by Travel & Hospitality
- Market Share by Education
- Market Share by Public Sector
- Market Share by Healthcare & Life Science
- Market Share by Automotive
- Market Share by Food & Beverage
- Market Share by Deployment Type
- Market Share by Deployment Type: On prem
- Market Share by Deployment Type: Cloud
- Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 05: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 06: Appendix
- Research Methodologies
Market Forecast:
Chapter 01: Executive Summary
- Key Research Findings
- Top Predictions
- Top Trends
- Market Summary
Chapter 02: Market Overview
- Market Definition and Scope
- Key Factors Impacting the Market
- Drivers & Restraints
Chapter 03: Market Forecast Analysis
- Market Forecast by Region
- Market Forecast Global
- Market Forecast USA
- Market Forecast Canada
- Market Forecast Latin America
- Market Forecast Western Europe
- Market Forecast Central & Eastern Europe
- Market Forecast Middle East & Africa
- Market Forecast China
- Market Forecast APAC Ex Japan & China
- Market Forecast Japan
- Market Forecast by Industry Verticals
- Market Forecast by Media & Entertainment
- Market Forecast by Retail
- Market Forecast by BFSI
- Market Forecast by Travel & Hospitality
- Market Forecast by Education
- Market Forecast by Public Sector
- Market Forecast by Healthcare & Life Science
- Market Forecast by Automotive
- Market Forecast by Food & Beverage
- Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On-prem.
- Market Forecast Deployment Type: Cloud
- Market Forecast by Customer Type
- Market Forecast by SMB
- Market Forecast by Large
- Market Forecast by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: Appendix
- Research Methodologies
LIST OF FIGURES
Market Share:
- Fig. 1 Market Share of Vendor Management System (VMS) Worldwide, 2023
- Fig. 2 Market Share of Vendor Management System (VMS) USA, 2023
- Fig. 3 Market Share of Vendor Management System (VMS) Canada, 2023
- Fig. 4 Market Share of Vendor Management System (VMS) Latin America, 2023
- Fig. 5 Market Share of Vendor Management System (VMS) Western Europe, 2023
- Fig. 6 Market Share of Vendor Management System (VMS) Central & Eastern Europe, 2023
- Fig. 7 Market Share of Vendor Management System (VMS) Middle East & Africa, 2023
- Fig. 8 Market Share of Vendor Management System (VMS) Asia excluding Japan and China, 2023
- Fig. 9 Market Share of Vendor Management System (VMS) Japan, 2023
- Fig. 10 Market Share of Vendor Management System (VMS) China, 2023
- Fig. 11 Market Share of Vendor Management System (VMS) IT & Telecom Industry, 2023
- Fig. 12 Market Share of Vendor Management System (VMS) Banking & Financial Services Industry, 2023
- Fig. 13 Market Share of Vendor Management System (VMS) Insurance Industry, 2023
- Fig. 14 Market Share of Vendor Management System (VMS) Healthcare Industry, 2023
- Fig. 15 Market Share of Vendor Management System (VMS) Government & Public Sector, 2023
- Fig. 16 Market Share of Vendor Management System (VMS) Retail & eCommerce, 2023
- Fig. 17 Market Share of Vendor Management System (VMS) Manufacturing, 2023
- Fig. 18 Market Share of Vendor Management System (VMS) Hospitality, 2023
- Fig. 19 Market Share of Vendor Management System (VMS) On-premises Deployment, 2023
- Fig. 20 Market Share of Vendor Management System (VMS) Cloud Deployment, 2023
- Fig. 21 Market Share of Vendor Management System (VMS) SMB Customers, 2023
- Fig. 22 Market Share of Vendor Management System (VMS) Large Customers, 2023
- Fig. 23 Market Share of Vendor Management System (VMS) Enterprise Customers, 2023
Market Forecast:
- Fig. 1 Market Forecast of Vendor Management System (VMS) Worldwide, 2024-2028
- Fig. 2 Market Forecast of Vendor Management System (VMS) USA, 2024-2028
- Fig. 3 Market Forecast of Vendor Management System (VMS) Canada, 2024-2028
- Fig. 4 Market Forecast of Vendor Management System (VMS) Latin America, 2024-2028
- Fig. 5 Market Forecast of Vendor Management System (VMS) Western Europe, 2024-2028
- Fig. 6 Market Forecast of Vendor Management System (VMS) Central & Eastern Europe, 2024-2028
- Fig. 7 Market Forecast of Vendor Management System (VMS) Middle East & Africa, 2024-2028
- Fig. 8 Market Forecast of Vendor Management System (VMS) Asia excluding Japan and China, 2024-2028
- Fig. 9 Market Forecast of Vendor Management System (VMS) Japan, 2024-2028
- Fig. 10 Market Forecast of Vendor Management System (VMS) China, 2024-2028
- Fig. 11 Market Forecast of Vendor Management System (VMS) IT & Telecom Industry, 2024-2028
- Fig. 12 Market Forecast of Vendor Management System (VMS) Banking & Financial Services Industry, 2024-2028
- Fig. 13 Market Forecast of Vendor Management System (VMS) Insurance Industry, 2024-2028
- Fig. 14 Market Forecast of Vendor Management System (VMS) Healthcare Industry, 2024-2028
- Fig. 15 Market Forecast of Vendor Management System (VMS) Government & Public Sector, 2024-2028
- Fig. 16 Market Forecast of Vendor Management System (VMS) Retail & eCommerce, 2024-2028
- Fig. 17 Market Forecast of Vendor Management System (VMS) Manufacturing, 2024-2028
- Fig. 18 Market Forecast of Vendor Management System (VMS) Hospitality, 2024-2028
- Fig. 19 Market Forecast of Vendor Management System (VMS) On-premises Deployment, 2024-2028
- Fig. 20 Market Forecast of Vendor Management System (VMS) Cloud Deployment, 2024-2028
- Fig. 21 Market Forecast of Vendor Management System (VMS) SMB Customers, 2024-2028
- Fig. 22 Market Forecast of Vendor Management System (VMS) Large Customers, 2024-2028
- Fig. 23 Market Forecast of Vendor Management System (VMS) Enterprise Customers, 2024-2028
