Global Procurement Outsourcing Market Growth (Status and Outlook) 2025-2031

Publication ID:

LPI03256068

Publication Date:

March 26, 2025

Pages:

Publisher:

LPI

Countries:

Global [1]

USD 3,660.00

IT Services [2]

Software [3]

Computing & Electronics [4]

Description:

The global Procurement Outsourcing market size is predicted to grow from US$ 6031 million in 2025 to US$ 11990 million in 2031; it is expected to grow at a CAGR of 12.1% from 2025 to 2031.
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party 鈥� perhaps to reduce overall costs or maybe to tighten the company"s focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
Global Procurement Outsourcing main players are IBM, Accenture, GEP, Infosys, etc. Global top four manufacturers hold a share over 60%. North America is the largest market, with a share nearly 45%.
The 鈥淧rocurement Outsourcing Industry Forecast鈥� looks at past sales and reviews total world Procurement Outsourcing sales in 2024, providing a comprehensive analysis by region and market sector of projected Procurement Outsourcing sales for 2025 through 2031. With Procurement Outsourcing sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Procurement Outsourcing industry.
This Insight Report provides a comprehensive analysis of the global Procurement Outsourcing landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Procurement Outsourcing portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Procurement Outsourcing market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Procurement Outsourcing and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Procurement Outsourcing.
This report presents a comprehensive overview, market shares, and growth opportunities of Procurement Outsourcing market by product type, application, key players and key regions and countries.
Segmentation by Type:
Direct Procurement
Indirect Procurement
Segmentation by Application:
CPG and Retail
BFSI Sector
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Procurement Outsourcing Market Size (2020-2031)
2.1.2 Procurement Outsourcing Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Procurement Outsourcing by Country/Region (2020, 2024 & 2031)
2.2 Procurement Outsourcing Segment by Type
2.2.1 Direct Procurement
2.2.2 Indirect Procurement
2.3 Procurement Outsourcing Market Size by Type
2.3.1 Procurement Outsourcing Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Procurement Outsourcing Market Size Market Share by Type (2020-2025)
2.4 Procurement Outsourcing Segment by Application
2.4.1 CPG and Retail
2.4.2 BFSI Sector
2.5 Procurement Outsourcing Market Size by Application
2.5.1 Procurement Outsourcing Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Procurement Outsourcing Market Size Market Share by Application (2020-2025)
3 Procurement Outsourcing Market Size by Player
3.1 Procurement Outsourcing Market Size Market Share by Player
3.1.1 Global Procurement Outsourcing Revenue by Player (2020-2025)
3.1.2 Global Procurement Outsourcing Revenue Market Share by Player (2020-2025)
3.2 Global Procurement Outsourcing Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Procurement Outsourcing by Region
4.1 Procurement Outsourcing Market Size by Region (2020-2025)
4.2 Global Procurement Outsourcing Annual Revenue by Country/Region (2020-2025)
4.3 Americas Procurement Outsourcing Market Size Growth (2020-2025)
4.4 APAC Procurement Outsourcing Market Size Growth (2020-2025)
4.5 Europe Procurement Outsourcing Market Size Growth (2020-2025)
4.6 Middle East & Africa Procurement Outsourcing Market Size Growth (2020-2025)
5 Americas
5.1 Americas Procurement Outsourcing Market Size by Country (2020-2025)
5.2 Americas Procurement Outsourcing Market Size by Type (2020-2025)
5.3 Americas Procurement Outsourcing Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Procurement Outsourcing Market Size by Region (2020-2025)
6.2 APAC Procurement Outsourcing Market Size by Type (2020-2025)
6.3 APAC Procurement Outsourcing Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Procurement Outsourcing Market Size by Country (2020-2025)
7.2 Europe Procurement Outsourcing Market Size by Type (2020-2025)
7.3 Europe Procurement Outsourcing Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Procurement Outsourcing by Region (2020-2025)
8.2 Middle East & Africa Procurement Outsourcing Market Size by Type (2020-2025)
8.3 Middle East & Africa Procurement Outsourcing Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Procurement Outsourcing Market Forecast
10.1 Global Procurement Outsourcing Forecast by Region (2026-2031)
10.1.1 Global Procurement Outsourcing Forecast by Region (2026-2031)
10.1.2 Americas Procurement Outsourcing Forecast
10.1.3 APAC Procurement Outsourcing Forecast
10.1.4 Europe Procurement Outsourcing Forecast
10.1.5 Middle East & Africa Procurement Outsourcing Forecast
10.2 Americas Procurement Outsourcing Forecast by Country (2026-2031)
10.2.1 United States Market Procurement Outsourcing Forecast
10.2.2 Canada Market Procurement Outsourcing Forecast
10.2.3 Mexico Market Procurement Outsourcing Forecast
10.2.4 Brazil Market Procurement Outsourcing Forecast
10.3 APAC Procurement Outsourcing Forecast by Region (2026-2031)
10.3.1 China Procurement Outsourcing Market Forecast
10.3.2 Japan Market Procurement Outsourcing Forecast
10.3.3 Korea Market Procurement Outsourcing Forecast
10.3.4 Southeast Asia Market Procurement Outsourcing Forecast
10.3.5 India Market Procurement Outsourcing Forecast
10.3.6 Australia Market Procurement Outsourcing Forecast
10.4 Europe Procurement Outsourcing Forecast by Country (2026-2031)
10.4.1 Germany Market Procurement Outsourcing Forecast
10.4.2 France Market Procurement Outsourcing Forecast
10.4.3 UK Market Procurement Outsourcing Forecast
10.4.4 Italy Market Procurement Outsourcing Forecast
10.4.5 Russia Market Procurement Outsourcing Forecast
10.5 Middle East & Africa Procurement Outsourcing Forecast by Region (2026-2031)
10.5.1 Egypt Market Procurement Outsourcing Forecast
10.5.2 South Africa Market Procurement Outsourcing Forecast
10.5.3 Israel Market Procurement Outsourcing Forecast
10.5.4 Turkey Market Procurement Outsourcing Forecast
10.6 Global Procurement Outsourcing Forecast by Type (2026-2031)
10.7 Global Procurement Outsourcing Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Procurement Outsourcing Forecast
11 Key Players Analysis
11.1 IBM
11.1.1 IBM Company Information
11.1.2 IBM Procurement Outsourcing Product Offered
11.1.3 IBM Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 IBM Main Business Overview
11.1.5 IBM Latest Developments
11.2 Accenture
11.2.1 Accenture Company Information
11.2.2 Accenture Procurement Outsourcing Product Offered
11.2.3 Accenture Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Accenture Main Business Overview
11.2.5 Accenture Latest Developments
11.3 GEP
11.3.1 GEP Company Information
11.3.2 GEP Procurement Outsourcing Product Offered
11.3.3 GEP Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 GEP Main Business Overview
11.3.5 GEP Latest Developments
11.4 Infosys
11.4.1 Infosys Company Information
11.4.2 Infosys Procurement Outsourcing Product Offered
11.4.3 Infosys Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 Infosys Main Business Overview
11.4.5 Infosys Latest Developments
11.5 Capgemini
11.5.1 Capgemini Company Information
11.5.2 Capgemini Procurement Outsourcing Product Offered
11.5.3 Capgemini Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Capgemini Main Business Overview
11.5.5 Capgemini Latest Developments
11.6 Genpact
11.6.1 Genpact Company Information
11.6.2 Genpact Procurement Outsourcing Product Offered
11.6.3 Genpact Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 Genpact Main Business Overview
11.6.5 Genpact Latest Developments
11.7 TCS
11.7.1 TCS Company Information
11.7.2 TCS Procurement Outsourcing Product Offered
11.7.3 TCS Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 TCS Main Business Overview
11.7.5 TCS Latest Developments
11.8 Xchanging
11.8.1 Xchanging Company Information
11.8.2 Xchanging Procurement Outsourcing Product Offered
11.8.3 Xchanging Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 Xchanging Main Business Overview
11.8.5 Xchanging Latest Developments
11.9 WNS
11.9.1 WNS Company Information
11.9.2 WNS Procurement Outsourcing Product Offered
11.9.3 WNS Procurement Outsourcing Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 WNS Main Business Overview
11.9.5 WNS Latest Developments
12 Research Findings and Conclusion

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