PUBLISHER: QKS Group | PRODUCT CODE: 1637612
PUBLISHER: QKS Group | PRODUCT CODE: 1637612
Market Share and Forecast: Vendor Management System (VMS), 2023-2028, China (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 China.
China is rapidly becoming a pivotal market for Vendor Management System (VMS) software. The country is undergoing a profound digital transformation across diverse sectors, fueled by the imperative for closer alignment between business strategies and technological advancements. This transformation is driving the demand for robust VMS solutions. Chinese enterprises are increasingly recognizing the importance of VMS software that supports the entire lifecycle of products-from initial ideation and development to production, distribution, and beyond. These solutions are instrumental in fostering collaboration, elevating product standards, and expediting time-to-market. As a result, the Chinese market is experiencing substantial growth in the adoption of VMS software. Companies are deploying these tools to streamline operations, boost flexibility, and secure a competitive advantage in the rapidly 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 China.
China is currently experiencing a surge in the adoption of Vendor Management System (VMS) software, propelled by a significant digital transformation across various industries. Companies in the region are increasingly integrating VMS solutions to streamline vendor relationships, enhance procurement processes, and strengthen operational efficiencies.
The robust capabilities of VMS software, which facilitate comprehensive vendor lifecycle management from sourcing and onboarding to performance monitoring and contract management, are enabling organizations to foster strategic partnerships, optimize vendor selection, and achieve cost savings. This trend underscores the growing importance of advanced VMS technologies in China, empowering businesses to navigate global supply chain complexities, mitigate risks, and maintain compliance with regulatory standards.
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
- China Market Share
- China 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
- China Market Share by Deployment Type
- Market Share by Deployment Type: On prem
- Market Share by Deployment Type: Cloud
- China 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
- China Market Forecast
- China 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
- China Market Forecast by Deployment Type
- Market Forecast by Deployment Type: On prem
- Market Forecast by Deployment Type: Cloud
- China 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) Japan, 2023
- Fig. 2 Japan Market Share of Vendor Management System (VMS) IT & Telecom Industry, 2023
- Fig. 3 Japan Market Share of Vendor Management System (VMS) Banking & Financial Services Industry, 2023
- Fig. 4 Japan Market Share of Vendor Management System (VMS) Insurance Industry, 2023
- Fig. 5 Japan Market Share of Vendor Management System (VMS) Healthcare Industry, 2023
- Fig. 6 Japan Market Share of Vendor Management System (VMS) Government & Public Sector, 2023
- Fig. 7 Japan Market Share of Vendor Management System (VMS) Retail & eCommerce, 2023
- Fig. 8 Japan Market Share of Vendor Management System (VMS) Manufacturing, 2023
- Fig. 9 Japan Market Share of Vendor Management System (VMS) Hospitality, 2023
- Fig. 10 Japan Market Share of Vendor Management System (VMS) On-premises Deployment, 2023
- Fig. 11 Japan Market Share of Vendor Management System (VMS) Cloud Deployment, 2023
- Fig. 12 Japan Market Share of Vendor Management System (VMS) SMB Customers, 2023
- Fig. 13 Japan Market Share of Vendor Management System (VMS) Large Customers, 2023
- Fig. 14 Japan Market Share of Vendor Management System (VMS) Enterprise Customers, 2023
Market Forecast:
- Fig. 1 Market Forecast of Vendor Management System (VMS) Japan, 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
