PUBLISHER: QKS Group | PRODUCT CODE: 1637608
PUBLISHER: QKS Group | PRODUCT CODE: 1637608
Market Share and Forecast: Vendor Management System (VMS), 2023-2028, USA (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 in the USA.
The United States is rapidly becoming a pivotal market for Vendor Management System (VMS) software. The country is undergoing a profound digital transformation across diverse sectors, driven by the imperative to align business strategies with technological advancements. This shift is propelling the demand for robust VMS solutions. American enterprises increasingly appreciate VMS software that supports the entire lifecycle-from initial ideation and development through production, marketing, and product retirement. These solutions enable organizations to foster collaboration, elevate product standards, and expedite time-to-market. As a result, the U.S. market is experiencing notable growth in VMS software adoption. Companies are deploying these tools to streamline processes, enhance operational flexibility, and secure a competitive advantage in the dynamic landscape of product development and management.
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 in USA.
The United States is at the forefront of adopting Vendor Management System (VMS) software, driven by its leadership in digital innovation across diverse industries. American companies are increasingly leveraging VMS solutions to optimize vendor relationships, streamline procurement processes, and enhance operational efficiency.
The robust functionalities of VMS software, which encompass end-to-end vendor lifecycle management from sourcing and qualification to performance evaluation and contract management, empower organizations to forge strategic partnerships, improve vendor selection, and achieve significant cost efficiencies. This trend highlights the growing significance of advanced VMS technologies in the U.S., enabling businesses to navigate complex supply chain dynamics, mitigate risks, and ensure compliance with regulatory requirements.
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."
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
- USA Market Share
- USA 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
- USA Market Share by Deployment Type
- Market Share by Deployment Type: On prem
- Market Share by Deployment Type: Cloud
- USA Market Share by Customer Type
- Market Share by SMB
- Market Share by Large
- Market Share by Enterprise
Chapter 04: Company Profile
- Company Overview
- Analyst Perspectives and Analysis
Chapter 05: 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
- USA Market Forecast
- USA 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
- USA Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On prem
- Market Forecast by Deployment Type: Cloud
- USA 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) USA, 2023
- Fig. 2 USA Market Share of Vendor Management System (VMS) IT & Telecom Industry, 2023
- Fig. 3 USA Market Share of Vendor Management System (VMS) Banking & Financial Services Industry, 2023
- Fig. 4 USA Market Share of Vendor Management System (VMS) Insurance Industry, 2023
- Fig. 5 USA Market Share of Vendor Management System (VMS) Healthcare Industry, 2023
- Fig. 6 USA Market Share of Vendor Management System (VMS) Government & Public Sector, 2023
- Fig. 7 USA Market Share of Vendor Management System (VMS) Retail & eCommerce, 2023
- Fig. 8 USA Market Share of Vendor Management System (VMS) Manufacturing, 2023
- Fig. 9 USA Market Share of Vendor Management System (VMS) Hospitality, 2023
- Fig. 10 USA Market Share of Vendor Management System (VMS) On-premises Deployment, 2023
- Fig. 11 USA Market Share of Vendor Management System (VMS) Cloud Deployment, 2023
- Fig. 12 USA Market Share of Vendor Management System (VMS) SMB Customers, 2023
- Fig. 13 USA Market Share of Vendor Management System (VMS) Large Customers, 2023
- Fig. 14 USA Market Share of Vendor Management System (VMS) Enterprise Customers, 2023
Market Forecast:
- Fig. 1 Market Forecast of Vendor Management System (VMS) USA, 2024- 2028
- Fig. 2 Market Forecast of Vendor Management System (VMS) IT & Telecom Industry, 2024- 2028
- Fig. 3 Market Forecast of Vendor Management System (VMS) Banking & Financial Services Industry, 2023
- Fig. 4 Market Forecast of Vendor Management System (VMS) Insurance Industry, 2024- 2028
- Fig. 5 Market Forecast of Vendor Management System (VMS) Healthcare Industry, 2024- 2028
- Fig. 6 Market Forecast of Vendor Management System (VMS) Government & Public Sector, 2024- 2028
- Fig. 7 Market Forecast of Vendor Management System (VMS) Retail & eCommerce, 2024- 2028
- Fig. 8 Market Forecast of Vendor Management System (VMS) Manufacturing, 2024- 2028
- Fig. 9 Market Forecast of Vendor Management System (VMS) Hospitality, 2024- 2028
- Fig. 10 Market Forecast of Vendor Management System (VMS) On-premises Deployment, 2024- 2028
- Fig. 11 Market Forecast of Vendor Management System (VMS) Cloud Deployment, 2024- 2028
- Fig. 12 Market Forecast of Vendor Management System (VMS) SMB Customers, 2024- 2028
- Fig. 13 Market Forecast of Vendor Management System (VMS) Large Customers, 2024- 2028
- Fig. 14 Market Forecast of Vendor Management System (VMS) Enterprise Customers, 2024- 2028
