Industry: Service & Software
Published Date: 2025-09-06
Pages: 95 Pages
Report ld: 4995712
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Retail Sourcing and Procurement Market Size(US$)

CAGR 2025-2031
7.6%
Market Size,2031
USD 6,229
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global Retail Sourcing and Procurement market size was US$ 3757 million in 2024 and is forecast to a readjusted size of US$ 6229 million by 2031 with a CAGR of 7.6% during the forecast period 2025-2031.
Retail sourcing and procurement software is used by the retail industry for managing the transactions related to sourcing and procurement of goods and services from different vendors and resource providers. The emergence of new business models and technological advancement are creating a need for retail sourcing and procurement software. Retail sourcing and procurement software facilitates spend analysis, contract management, financial savings management, and request management software. The retail industry is shifting towards automation and expansion in the range of services and goods to enhance the customer experience and customer retention.
The North America Retail Sourcing and Procurement market size was US$ million in 2024, while Europe was US$ million. The proportion of the North America was % in 2024, while Europe percentage was %, and it is predicted that Europe share will reach % in 2031, trailing a CAGR of % through the analysis period.
The global key players of Retail Sourcing and Procurement include Cegid, Epicor Software Corporation, GEP, GT Nexus, IBM Corporation, Ivalua, JDA Software Group, Proactis, SAP SEOracle Corporation, Sciquest, etc. In 2024, the global top five players occupied for a share approximately % in terms of revenue.
In North America, in terms of revenue, in 2024, the top three players hold a share about %, while in Europe, top three players hold a share nearly %.
The global Retail Sourcing and Procurement market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on revenue and forecasts across regions, by Type, and by Application for 2020-2031.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Retail Sourcing and Procurement market size and growth potential at global, regional, and country levels.
Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus).
Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Supplier Management in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Others in India).
Chapter 6: Regional revenue breakdown by company, type, application and customer.
Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments.
Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies.
Chapter 9: Actionable conclusions and strategic recommendations.
WHY THIS REPORT
Beyond standard market data, this analysis provides a clear profitability roadmap, empowering you to:
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Retail Sourcing and Procurement value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets
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:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Study Scope
1.2 Market by Type
1.2.1 Global Market Size Growth by Type: 2020 VS 2024 VS 2031
1.2.2 Strategic Sourcing
1.2.3 Supplier Management
1.2.4 Contract Management
1.2.5 Procure-to-Pay
1.2.6 Spend Analysis
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 Retail Enterprise
1.3.3 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Retail Sourcing and Procurement Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Retail Sourcing and Procurement Revenue Market Share by Region (2020-2025)
2.4 Global Retail Sourcing and Procurement Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.2 Europe Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.3 China Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.4 Japan Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.5 Southeast Asia Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.6 India Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
2.5.7 Central & South America Retail Sourcing and Procurement Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Retail Sourcing and Procurement Historic Market Size by Type (2020-2025)
3.2 Global Retail Sourcing and Procurement Forecasted Market Size by Type (2026-2031)
3.3 Different Types Retail Sourcing and Procurement Representative Players
4 Breakdown Data by Application
4.1 Global Retail Sourcing and Procurement Historic Market Size by Application (2020-2025)
4.2 Global Retail Sourcing and Procurement Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Retail Sourcing and Procurement Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Retail Sourcing and Procurement Players by Revenue (2020-2025)
5.1.2 Global Retail Sourcing and Procurement Revenue Market Share by Players (2020-2025)
5.2 Global Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
5.3 Players Covered: Ranking by Retail Sourcing and Procurement Revenue
5.4 Global Retail Sourcing and Procurement Market Concentration Analysis
5.4.1 Global Retail Sourcing and Procurement Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Retail Sourcing and Procurement Revenue in 2024
5.5 Global Key Players of Retail Sourcing and Procurement Head office and Area Served
5.6 Global Key Players of Retail Sourcing and Procurement, Product and Application
5.7 Global Key Players of Retail Sourcing and Procurement, Date of Enter into This Industry
5.8 Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments and Downstream
6.1.1 North America Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.1.2.2 North America Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.1.3.2 North America Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.1.4 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments and Downstream
6.2.1 Europe Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.2.2.2 Europe Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.2.3.2 Europe Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.2.4 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments and Downstream
6.3.1 China Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.3.2.2 China Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.3.3.2 China Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments and Downstream
6.4.1 Japan Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.4.2 Japan Market Size by Type
6.4.2.1 Japan Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.4.2.2 Japan Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.4.3 Japan Market Size by Application
6.4.3.1 Japan Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.4.3.2 Japan Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.4.4 Japan Market Trend and Opportunities
6.5 Southeast Asia Market: Players, Segments and Downstream
6.5.1 Southeast Asia Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.5.2 Southeast Asia Market Size by Type
6.5.2.1 Southeast Asia Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.5.2.2 Southeast Asia Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.5.3 Southeast Asia Market Size by Application
6.5.3.1 Southeast Asia Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.5.3.2 Southeast Asia Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.5.4 Southeast Asia Market Trend and Opportunities
6.6 India Market: Players, Segments and Downstream
6.6.1 India Retail Sourcing and Procurement Revenue by Company (2020-2025)
6.6.2 India Market Size by Type
6.6.2.1 India Retail Sourcing and Procurement Market Size by Type (2020-2025)
6.6.2.2 India Retail Sourcing and Procurement Market Share by Type (2020-2025)
6.6.3 India Market Size by Application
6.6.3.1 India Retail Sourcing and Procurement Market Size by Application (2020-2025)
6.6.3.2 India Retail Sourcing and Procurement Market Share by Application (2020-2025)
6.6.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 Cegid
7.1.1 Cegid Company Details
7.1.2 Cegid Business Overview
7.1.3 Cegid Retail Sourcing and Procurement Introduction
7.1.4 Cegid Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.1.5 Cegid Recent Development
7.2 Epicor Software Corporation
7.2.1 Epicor Software Corporation Company Details
7.2.2 Epicor Software Corporation Business Overview
7.2.3 Epicor Software Corporation Retail Sourcing and Procurement Introduction
7.2.4 Epicor Software Corporation Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.2.5 Epicor Software Corporation Recent Development
7.3 GEP
7.3.1 GEP Company Details
7.3.2 GEP Business Overview
7.3.3 GEP Retail Sourcing and Procurement Introduction
7.3.4 GEP Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.3.5 GEP Recent Development
7.4 GT Nexus
7.4.1 GT Nexus Company Details
7.4.2 GT Nexus Business Overview
7.4.3 GT Nexus Retail Sourcing and Procurement Introduction
7.4.4 GT Nexus Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.4.5 GT Nexus Recent Development
7.5 IBM Corporation
7.5.1 IBM Corporation Company Details
7.5.2 IBM Corporation Business Overview
7.5.3 IBM Corporation Retail Sourcing and Procurement Introduction
7.5.4 IBM Corporation Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.5.5 IBM Corporation Recent Development
7.6 Ivalua
7.6.1 Ivalua Company Details
7.6.2 Ivalua Business Overview
7.6.3 Ivalua Retail Sourcing and Procurement Introduction
7.6.4 Ivalua Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.6.5 Ivalua Recent Development
7.7 JDA Software Group
7.7.1 JDA Software Group Company Details
7.7.2 JDA Software Group Business Overview
7.7.3 JDA Software Group Retail Sourcing and Procurement Introduction
7.7.4 JDA Software Group Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.7.5 JDA Software Group Recent Development
7.8 Proactis
7.8.1 Proactis Company Details
7.8.2 Proactis Business Overview
7.8.3 Proactis Retail Sourcing and Procurement Introduction
7.8.4 Proactis Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.8.5 Proactis Recent Development
7.9 SAP SEOracle Corporation
7.9.1 SAP SEOracle Corporation Company Details
7.9.2 SAP SEOracle Corporation Business Overview
7.9.3 SAP SEOracle Corporation Retail Sourcing and Procurement Introduction
7.9.4 SAP SEOracle Corporation Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.9.5 SAP SEOracle Corporation Recent Development
7.10 Sciquest
7.10.1 Sciquest Company Details
7.10.2 Sciquest Business Overview
7.10.3 Sciquest Retail Sourcing and Procurement Introduction
7.10.4 Sciquest Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.10.5 Sciquest Recent Development
7.11 Tradogram
7.11.1 Tradogram Company Details
7.11.2 Tradogram Business Overview
7.11.3 Tradogram Retail Sourcing and Procurement Introduction
7.11.4 Tradogram Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.11.5 Tradogram Recent Development
7.12 Vroozi
7.12.1 Vroozi Company Details
7.12.2 Vroozi Business Overview
7.12.3 Vroozi Retail Sourcing and Procurement Introduction
7.12.4 Vroozi Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.12.5 Vroozi Recent Development
7.13 Zycus
7.13.1 Zycus Company Details
7.13.2 Zycus Business Overview
7.13.3 Zycus Retail Sourcing and Procurement Introduction
7.13.4 Zycus Revenue in Retail Sourcing and Procurement Business (2020-2025)
7.13.5 Zycus Recent Development
8 Retail Sourcing and Procurement Market Dynamics
8.1 Retail Sourcing and Procurement Industry Trends
8.2 Retail Sourcing and Procurement Market Drivers
8.3 Retail Sourcing and Procurement Market Challenges
8.4 Retail Sourcing and Procurement Market Restraints
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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The global market for Retail Sourcing and Procurement was estimated to be worth US$ 3757 million in 2024 and is forecast to a readjusted size of US$ 6229 million by 2031 with a CAGR of 7.6% during the forecast period 2025-2031.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
WHY THIS REPORT
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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