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PUBLISHER: QKS Group | PRODUCT CODE: 1637609

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PUBLISHER: QKS Group | PRODUCT CODE: 1637609

Market Share and Forecast: Vendor Management System (VMS), 2023-2028, Middle East and Africa (Bundle of Two Reports)

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PAGES: 110 Pages
DELIVERY TIME: 1-2 business days
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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 Middle East and Africa.

The Middle East and Africa (MEA) region is swiftly emerging as a critical market for Vendor Management System (VMS) software. This area is witnessing rapid digital transformation across various sectors, driven by the pressing need for alignment between business strategies and technological advancements. This transformation is significantly boosting the demand for robust VMS solutions. Organizations in the Middle East and Africa are increasingly recognizing the value of VMS software that supports the entire lifecycle of operations-from initial conception and design to manufacturing, marketing, and product retirement. These solutions facilitate improved collaboration, heightened product quality, and accelerated time-to-market. Consequently, the MEA market is experiencing substantial growth in the adoption of VMS software. Businesses are leveraging these tools to streamline operations, enhance agility, and gain a competitive edge in the evolving 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 Middle East & Africa.

The Middle East and Africa (MEA) region is witnessing a notable uptick in the adoption of Vendor Management System (VMS) software, spurred by rapid digital transformation across diverse sectors. Organizations in MEA are increasingly turning to VMS solutions to optimize supplier relationships, streamline procurement processes, and bolster operational effectiveness.

The comprehensive capabilities of VMS software, which encompass the entire vendor lifecycle from sourcing and onboarding to performance management and contract administration, empower businesses to cultivate strategic partnerships, enhance vendor selection criteria, and achieve cost efficiencies. This trend underscores the increasing importance of advanced VMS technologies in MEA, enabling enterprises to navigate intricate supply chain dynamics, mitigate risks, and ensure compliance with regulatory frameworks.

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."

Product Code: QKS-05476

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

  • Middle East and Africa Market Share
  • Middle East and Africa 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
  • Middle East and Africa Market Share by Deployment Type
  • Market Share by Deployment Type: On prem
  • Market Share by Deployment Type: Cloud
  • Middle East and Africa 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

  • Middle East & Africa Market Forecast
  • Middle East & Africa 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
  • Middle East & Africa Market Forecast by Deployment Type
  • Market Forecast by Deployment Type: On prem
  • Market Forecast by Deployment Type: Cloud
  • Middle East & Africa 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
Product Code: QKS-05476

LIST OF FIGURES

Market Share:

  • Fig. 1 Market Share of Vendor Management System (VMS) Middle East and Africa, 2023
  • Fig. 2 Middle East and Africa Market Share of Vendor Management System (VMS) IT & Telecom Industry, 2023
  • Fig. 3 Middle East and Africa Market Share of Vendor Management System (VMS) Banking & Financial Services Industry, 2023
  • Fig. 4 Middle East and Africa Market Share of Vendor Management System (VMS) Insurance Industry, 2023
  • Fig. 5 Middle East and Africa Market Share of Vendor Management System (VMS) Healthcare Industry, 2023
  • Fig. 6 Middle East and Africa Market Share of Vendor Management System (VMS) Government & Public Sector, 2023
  • Fig. 7 Middle East and Africa Market Share of Vendor Management System (VMS) Retail & eCommerce, 2023
  • Fig. 8 Middle East and Africa Market Share of Vendor Management System (VMS) Manufacturing, 2023
  • Fig. 9 Middle East and Africa Market Share of Vendor Management System (VMS) Hospitality, 2023
  • Fig. 10 Middle East and Africa Market Share of Vendor Management System (VMS) On-premises Deployment, 2023
  • Fig. 11 Middle East and Africa Market Share of Vendor Management System (VMS) Cloud Deployment, 2023
  • Fig. 12 Middle East and Africa Market Share of Vendor Management System (VMS) SMB Customers, 2023
  • Fig. 13 Middle East and Africa Market Share of Vendor Management System (VMS) Large Customers, 2023
  • Fig. 14 Middle East and Africa Market Share of Vendor Management System (VMS) Enterprise Customers, 2023

Market Forecast:

  • Fig. 1 Market Forecast of Vendor Management System (VMS) Middle East & Africa, 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
Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
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