Industry: Service & Software
Published Date: 2025-01-16
Pages: 92 Pages
Report ld: 3479821
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Procurement Outsourcing Market Size(US$)

CAGR 2025-2031
11.7%
Market Size,2031
USD 11,970
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for Procurement Outsourcing was estimated to be worth US$ 5577 million in 2024 and is forecast to a readjusted size of US$ 11970 million by 2031 with a CAGR of 11.7% during the forecast period 2025-2031.
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 — 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%.
This report aims to provide a comprehensive presentation of the global market for Procurement Outsourcing, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Procurement Outsourcing by region & country, by Type, and by Application.
The Procurement Outsourcing market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Procurement Outsourcing.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Procurement Outsourcing company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Procurement Outsourcing in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Procurement Outsourcing in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
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TABLE OF CONTENTS
1 Market Overview
1.1 Procurement Outsourcing Product Introduction
1.2 Global Procurement Outsourcing Market Size Forecast (2020-2031)
1.3 Procurement Outsourcing Market Trends & Drivers
1.3.1 Procurement Outsourcing Industry Trends
1.3.2 Procurement Outsourcing Market Drivers & Opportunity
1.3.3 Procurement Outsourcing Market Challenges
1.3.4 Procurement Outsourcing Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Procurement Outsourcing Players Revenue Ranking (2024)
2.2 Global Procurement Outsourcing Revenue by Company (2020-2025)
2.3 Key Companies Procurement Outsourcing Manufacturing Base Distribution and Headquarters
2.4 Key Companies Procurement Outsourcing Product Offered
2.5 Key Companies Time to Begin Mass Production of Procurement Outsourcing
2.6 Procurement Outsourcing Market Competitive Analysis
2.6.1 Procurement Outsourcing Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Procurement Outsourcing Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Procurement Outsourcing as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Direct Procurement
3.1.2 Indirect Procurement
3.2 Global Procurement Outsourcing Sales Value by Type
3.2.1 Global Procurement Outsourcing Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Procurement Outsourcing Sales Value, by Type (2020-2031)
3.2.3 Global Procurement Outsourcing Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 CPG and Retail
4.1.2 BFSI Sector
4.2 Global Procurement Outsourcing Sales Value by Application
4.2.1 Global Procurement Outsourcing Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Procurement Outsourcing Sales Value, by Application (2020-2031)
4.2.3 Global Procurement Outsourcing Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Procurement Outsourcing Sales Value by Region
5.1.1 Global Procurement Outsourcing Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Procurement Outsourcing Sales Value by Region (2020-2025)
5.1.3 Global Procurement Outsourcing Sales Value by Region (2026-2031)
5.1.4 Global Procurement Outsourcing Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Procurement Outsourcing Sales Value, 2020-2031
5.2.2 North America Procurement Outsourcing Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Procurement Outsourcing Sales Value, 2020-2031
5.3.2 Europe Procurement Outsourcing Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Procurement Outsourcing Sales Value, 2020-2031
5.4.2 Asia Pacific Procurement Outsourcing Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Procurement Outsourcing Sales Value, 2020-2031
5.5.2 South America Procurement Outsourcing Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Procurement Outsourcing Sales Value, 2020-2031
5.6.2 Middle East & Africa Procurement Outsourcing Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Procurement Outsourcing Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Procurement Outsourcing Sales Value, 2020-2031
6.3 United States
6.3.1 United States Procurement Outsourcing Sales Value, 2020-2031
6.3.2 United States Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Procurement Outsourcing Sales Value, 2020-2031
6.4.2 Europe Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Procurement Outsourcing Sales Value, 2020-2031
6.5.2 China Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.5.3 China Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Procurement Outsourcing Sales Value, 2020-2031
6.6.2 Japan Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Procurement Outsourcing Sales Value, 2020-2031
6.7.2 South Korea Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Procurement Outsourcing Sales Value, 2020-2031
6.8.2 Southeast Asia Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Procurement Outsourcing Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Procurement Outsourcing Sales Value, 2020-2031
6.9.2 India Procurement Outsourcing Sales Value by Type (%), 2024 VS 2031
6.9.3 India Procurement Outsourcing Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 IBM
7.1.1 IBM Profile
7.1.2 IBM Main Business
7.1.3 IBM Procurement Outsourcing Products, Services and Solutions
7.1.4 IBM Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.1.5 IBM Recent Developments
7.2 Accenture
7.2.1 Accenture Profile
7.2.2 Accenture Main Business
7.2.3 Accenture Procurement Outsourcing Products, Services and Solutions
7.2.4 Accenture Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.2.5 Accenture Recent Developments
7.3 GEP
7.3.1 GEP Profile
7.3.2 GEP Main Business
7.3.3 GEP Procurement Outsourcing Products, Services and Solutions
7.3.4 GEP Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.3.5 GEP Recent Developments
7.4 Infosys
7.4.1 Infosys Profile
7.4.2 Infosys Main Business
7.4.3 Infosys Procurement Outsourcing Products, Services and Solutions
7.4.4 Infosys Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.4.5 Infosys Recent Developments
7.5 Capgemini
7.5.1 Capgemini Profile
7.5.2 Capgemini Main Business
7.5.3 Capgemini Procurement Outsourcing Products, Services and Solutions
7.5.4 Capgemini Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.5.5 Capgemini Recent Developments
7.6 Genpact
7.6.1 Genpact Profile
7.6.2 Genpact Main Business
7.6.3 Genpact Procurement Outsourcing Products, Services and Solutions
7.6.4 Genpact Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.6.5 Genpact Recent Developments
7.7 TCS
7.7.1 TCS Profile
7.7.2 TCS Main Business
7.7.3 TCS Procurement Outsourcing Products, Services and Solutions
7.7.4 TCS Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.7.5 TCS Recent Developments
7.8 Xchanging
7.8.1 Xchanging Profile
7.8.2 Xchanging Main Business
7.8.3 Xchanging Procurement Outsourcing Products, Services and Solutions
7.8.4 Xchanging Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.8.5 Xchanging Recent Developments
7.9 WNS
7.9.1 WNS Profile
7.9.2 WNS Main Business
7.9.3 WNS Procurement Outsourcing Products, Services and Solutions
7.9.4 WNS Procurement Outsourcing Revenue (US$ Million) & (2020-2025)
7.9.5 WNS Recent Developments
8 Industry Chain Analysis
8.1 Procurement Outsourcing Industrial Chain
8.2 Procurement Outsourcing Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Procurement Outsourcing Sales Model
8.5.2 Sales Channel
8.5.3 Procurement Outsourcing Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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