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PUBLISHER: QKS Group | PRODUCT CODE: 1637610

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PUBLISHER: QKS Group | PRODUCT CODE: 1637610

Market Share and Forecast: Vendor Management System (VMS), 2023-2028, Latin America (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 Latin America.

Latin America is emerging as a pivotal market for Vendor Management System (VMS) software, experiencing a rapid wave of digital transformation across diverse industries. This transformation is driven by the increasing need for businesses to align their operations with advanced technological solutions. As a result, there is a growing demand for robust VMS solutions in the region. Latin American organizations are increasingly recognizing the value of VMS software that supports the entire lifecycle of operations-from initial conceptualization and design to manufacturing, marketing, and product retirement. These solutions enable organizations to enhance collaboration, improve product quality, and accelerate time-to-market. Consequently, the Latin American market is witnessing significant growth in the adoption of VMS software. Companies are leveraging these solutions to streamline operations, enhance flexibility, and gain a competitive advantage in the dynamic landscape of product development and management within the region.

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 Latin America.

Latin America is experiencing a growing adoption of Vendor Management System (VMS) software, driven by a wave of digital transformation sweeping across various industries in the region. Companies in Latin America are increasingly integrating VMS solutions to optimize vendor relationships, streamline procurement processes, and enhance operational efficiencies.

The robust capabilities of VMS software, which encompass comprehensive vendor lifecycle management from sourcing and qualification to performance tracking and contract management, enable organizations to establish strategic alliances, improve vendor selection processes, and achieve significant cost savings. This trend underscores the rising importance of advanced VMS technologies in Latin America, empowering businesses to navigate complex supply chain dynamics, mitigate risks, and ensure compliance with regulatory requirements amidst evolving market conditions.

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-05475

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

  • Latin America Market Share
  • Latin America 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
  • Latin America Market Share by Deployment Type
  • Market Share by Deployment Type: On prem
  • Market Share by Deployment Type: Cloud
  • Latin America 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

  • Latin America Market Forecast
  • Latin America 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
  • Latin America Market Forecast by Deployment Type
  • Market Forecast by Deployment Type: On prem
  • Market Forecast by Deployment Type: Cloud
  • Latin America 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-05475

LIST OF FIGURES

Market Share:

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

Market Forecast:

  • Fig. 1 Market Forecast of Vendor Management System (VMS) Latin America, 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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