Relocation Services Market Procurement Intelligence Report | Increase in Supplier OPEX to Impact Procurement Spend
LONDON--(BUSINESS WIRE)--Nov 27, 2019--
SpendEdge has been monitoring the global relocation services market and the market is poised to experience spend growth of more than USD 3 billion between 2018-2023 at a CAGR of over 3% during the forecast period. Request Free Sample Pages.
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SpendEdge, a global procurement market intelligence firm, has announced the release of its Global Relocation Services Market Procurement Intelligence Report. (Graphic: Business Wire)
Read the 104-page research report with TOC and LOE on “The Global Relocation Services Market – Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend.”
The recent business scenario is dotted with a series of M&A activities. This is favoring an exponential demand growth in the relocation services market from MNCs as their employees are more likely to be transferred across the world.
In terms of spend growth, North America holds the largest share in the global relocation services market. The increase in the number of short-term assignments at the regional and international levels will bring investments in this market. The shortage of native skilled labor is compelling enterprises in the US to hire skilled professionals from foreign nations. This will act as one of the significant demand drivers in the relocation services market in the region. Meanwhile, in Europe, the potential impact of Brexit is anticipated to drive the highly-regulated pharmaceutical, air travel, e-commerce, and banking sectors from the UK to other European and APAC countries. This will work in favor of spend growth in the relocation services market.
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PUB: 11/27/2019 08:00 AM/DISC: 11/27/2019 08:01 AM