U.S. Markets closed

Global Design Services Sourcing and Procurement Report Forecasts the Market to Have an Incremental Spend of USD 90.58 Billion | SpendEdge

·3 min read

NEW YORK, June 9, 2022 /PRNewswire/ -- During the forecast period, the Design Services industry will see an increase in spending of around USD 90.58 Billion. However, the majority of this expansion will be driven by only a few regions. Furthermore, due to their supplier base, North America, Europe, and APAC will have the most effect on the supply side.

Design Services
Design Services

Download our free sample report today to get a detailed understanding of the major forces driving this market across geographies.

Download the Sample Report Now!

Key Design Services Sourcing and Procurement Report Highlights:

  1. Market growth 2021-2025: USD 90.58 Billion

  2. Growth momentum & CAGR: Accelerate at a CAGR of 9.37%

  3. Top Pricing Models: Project-based pricing, and Hourly pricing

  4. Key consumer countries: North America, Europe, and APAC

  5. Supplier Selection Criteria: Technical specifications, Operational requirements, Acceptance criteria, and Evaluation criteria

  6. Top Suppliers: Gensler, John Wood Group Plc, and Jacobs Engineering Group Inc

Know More About This Market: Request for a Free Sample Report Now!

Insights into Suitable Supplier Selection Criteria, Supplier Evaluation Metrics, and SLA that Buyers Should Consider:

The design services procurement market report provides a detailed analysis into various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements that the buyers should consider adopting to achieve significant cost savings, streamline the procurement process, and reduce category TCO while sourcing for design services requirements.

For more insights on buyer strategies and tactical negotiation levers, www.spendedge.com/report/design-services-sourcing-and-procurement-intelligence-report

Key Drivers and Trends Fueling Design Services Market Growth:

  • The pressure from substitutes and a moderate level of threat from new entrants has resulted in the low bargaining power of suppliers.

  • Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price influencing factors.

  • Identify favorable opportunities in Design Services TCO (total cost of ownership).

  • Expected changes in price forecast and factors driving the current and future price changes.

  • Identify pricing models that offer the most rewarding opportunities.

To know more about various other market drivers, trends and challenges.

Download our free sample report

Smart Procurement Starts Here

SpendEdge's procurement intelligence platform is the go-to tool for companies looking to access latest procurement research insights and supplier data on an easy to use platform.

  • STARTER PACK

Subscribe Now for FREE

  • Want to know about various other Subscription packs? Click here

Get the Details That You Are Looking for:

Buy our detailed market analysis report to uncover:

  • Changing Design Services market landscape with yearly forecast till 2025.

  • Analyze the Design Services market's competitive and vendor landscape.

  • How much marketing budget to set aside for geographical Design Services market expansion?

  • Understanding the most adopted procurement strategies by buyers across industries.

Download the FREE sample Report Now!

Table of Content

  • Executive Summary

  • Market Insights

  • Category Pricing Insights

  • Cost-saving Opportunities

  • Best Practices

  • Category Ecosystem

  • Category Management Strategy

  • Category Management Enablers

  • Suppliers Selection

  • Suppliers under Coverage

  • US Market Insights

  • Category scope

  • Appendix

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering, real-time procurement market intelligence reports and solutions.

Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us

SpendEdge Logo (PRNewsfoto/SpendEdge)
SpendEdge Logo (PRNewsfoto/SpendEdge)
Cision
Cision

View original content to download multimedia:https://www.prnewswire.com/news-releases/global-design-services-sourcing-and-procurement-report-forecasts-the-market-to-have-an-incremental-spend-of-usd-90-58-billion--spendedge-301563933.html

SOURCE SpendEdge