The article cited AMA's Global Indirect Procurement BPO Market Study explored substantial growth with CAGR of 7.41%. According the report, Technological improvements in BPO is one of the primary growth factors for the market. Growing business operation activities is also expected to contribute significantly to the Indirect Procurement BPO market. Overall, Finance & Accounting applications of Indirect Procurement BPO, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Capgemini (France), Xchanging (United Kingdom), WNS (India), TCS (India), Genpact (United States), IBM (United States), Accenture (Ireland), GEP (United States), Wipro (India) and Corbus (Noida) may see astonishing sales in this Market and certainly improve revenue growth.

The Deployment Mode, such as On-Premise, is boosting the Indirect Procurement BPO market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Industry Vertical, such as BFSI, is boosting the Indirect Procurement BPO market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Indirect Procurement BPO market identified that the demand is rising in many different parts of the world as "Growth in research and development and subsequent technological advancements". Furthermore, some recent industry insights like "On December 1 2021, Capgemini announced today, following the fulfillment of all regulatory requirements, the completion of the acquisition of VariQ. The provider of Software Development, Cybersecurity, and Cloud services for federal government departments and agencies across the United States, will be integrated into Capgemini Government Solutions LLC, Capgemini’s independent operating division working with U.S. government agencies. This acquisition will strengthen the company’s position in the Federal market and build momentum for continued growth." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of time and resources, Effective interaction with the business units and Lack of management information"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Indirect Procurement BPO market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Indirect Procurement BPO market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Indirect Procurement BPO market tight?
• Which application/end-user category or Product Type [Marketing Related Services, IT Related Services, HR Related Services, Facilities Management & Office Services and Others] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Indirect Procurement BPO market and other related sub-markets covered in the study.

o Key & emerging players in the Indirect Procurement BPO market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Indirect Procurement BPO market size is calculated using market estimation process, the Indirect Procurement BPO market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Indirect Procurement BPO market size has been validated using both top-down and bottom-up approaches.