Immigration Services Sourcing Intelligence Forecast To Register CAGR Of Over 5.8% Till 2030

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The immigration services category is anticipated to grow at a CAGR of 5.8% from 2023 to 2030.

Immigration Services Procurement Intelligence

The immigration services category is anticipated to grow at a CAGR of 5.8% from 2023 to 2030. Over the last two years, the number of international immigrants in Europe and Asia has increased significantly despite travel restrictions. The period between June 2021 and June 2022 has been noteworthy for a variety of reasons. Record levels of immigration in the U.K. have been attributed to a number of factors, including the lifting of lockdown restrictions in the U.K., the first 18 months period after the U.K.'s exit from the EU, the Russian-Ukraine war, a fresh visa route for British citizens living in Hong Kong (overseas), and the resettling of Afghan refugees. According to the U.K. Home Office Department estimates in 2022, more than 1.1 million people have immigrated to the U.K. between June 2021 and June 2022. During the same period, almost 89,000 people entered the country on account of Ukrainian Visa schemes. The demand for immigration services has in turn increased significantly because of these economic conditions.

Order your copy of the Immigration Services category procurement intelligence report 2023-2030, published by Grand View Research, to get more details regarding day one, quick wins, portfolio analysis, key negotiation strategies of key suppliers, and low-cost/best-cost sourcing analysis

Immigration Services Procurement Intelligence Report Scope

The Immigration Services category is expected to have pricing growth outlook of 5% - 12% from 2023 to 2030, with below pricing models.

  • Cost Plus and Volume based (per applicant-basis) model

Supplier Selection Scope of Report

  • Cost and pricing
  • past engagements
  • productivity
  • geographical presence

Supplier selection criteria of Report

  • Type of immigration service offered
  • technical specifications
  • operational and functional capabilities
  • software and technology used
  • data privacy regulations
  • others

Immigration Services Procurement Intelligence Report Coverage

Grand View Research will cover the following aspects in the report:

  • Market Intelligence along with emerging technology and regulatory landscape
  • Market estimates and forecasts from 2022 to 2030
  • Growth opportunities, trends, and driver analysis
  • Supply chain analysis, supplier analysis with supplier ranking and positioning matrix, supplier’s recent developments
  • Porter’s 5 forces
  • Pricing and cost analysis, price trends, commodity price forecasting, cost structures, pricing model analysis, supply and demand analysis
  • Engagement and operating models, KPI, and SLA elements
  • LCC/BCC analysis and negotiation strategies
  • Peer benchmarking and product analysis
  • Market report in PDF, Excel, and PPT and online dashboard versions 

Immigration Services Procurement Cost and Supplier Intelligence

The primary cost components include the services provided by the vendors such as consultant/translator salaries, tools and software required for automating and authenticating applications, report preparations, etc. Other overhead costs can include facilities and utilities, other permit fees, travel expenses, marketing and advertising, taxes, etc.  Factors such as the number of applicants, type of application, complexity and expertise, time, and resources required to conduct the checks and examination add up to the cost.

For instance, the government filing charges are around USD 1,760 for domestic applicants in the U.S. seeking a family-based green card and USD 1,200 for international applicants. The charges are without a medical examination. Similarly, on average, a medical exam costs around USD 200. Biometric costs can range between USD 80 – 100 for domestic U.S. applicants.  The filing charges and examination amount can vary significantly by provider. On the other hand, if the green card application or documents require any language translation by a translator other than English, the total cost of services will also increase. For instance, a one-page birth certificate-certified translation could cost anything from USD 20 to 40.

List of Key Suppliers

  • Baker and McKenzie International
  • Deloitte Touche Tohmatsu
  • Berry Appleman and Leiden LLP
  • Ernst & Young Global Limited
  • Foster LLP
  • Fragomen
  • KPMG
  • Mayer Brown
  • Morgan Lewis and Bockius
  • Maple Immigration Services
  • WWICS
  • Work Global Canada

Add-on Services provided by Grand View Research Pipeline: 

  • Should Cost Analysis

Component wise cost break down for better negotiation for the client, highlights the key cost drivers in the market with future price fluctuation for different materials (e.g.: steel, aluminum, etc.) used in the production process 

  • Rate Benchmarking

Offering cost transparency for different products / services procured by the client. A typical report involves 2-3 case scenarios helping clients to select the best suited engagement with the supplier 

  • Salary Benchmarking

Determining and forecasting salaries for specific skill set labor to make decision on outsourcing vs in-house. 

  • Supplier Newsletter

A typical newsletter study by capturing latest information for specific suppliers related to: M&As, technological innovations, expansion, litigations, bankruptcy etc. 

Browse through Grand View Research’s collection of procurement intelligence studies: 

Brief about Pipeline by Grand View Research:

A smart and effective supply chain is essential for growth in any organization. Pipeline division at Grand View Research provides detailed insights on every aspect of supply chain, which helps in efficient procurement decisions. 

Our services include (not limited to):

  • Market Intelligence involving – market size and forecast, growth factors, and driving trends
  • Price and Cost Intelligence – pricing models adopted for the category, total cost of ownerships
  • Supplier Intelligence – rich insight on supplier landscape, and identifies suppliers who are dominating, emerging, lounging, and specializing
  • Sourcing / Procurement Intelligence – best practices followed in the industry, identifying standard KPIs and SLAs, peer analysis, negotiation strategies to be utilized with the suppliers, and best suited countries for sourcing to minimize supply chain disruptions
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