Industry: Service & Software
Published Date: 2026-08-03
Pages: 126 Pages
Report ld: 6985719
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AI Agent for Procurement Management Market Size(US$)

CAGR 2026-2032
35.0%
Market Size,2032
USD 5,969
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for AI Agent for Procurement Management was estimated to be worth US$ 662 million in 2025 and is projected to reach US$ 5969 million, growing at a CAGR of 35.0% from 2026 to 2032.
AI agents for procurement management are intelligent software tools designed for enterprise procurement operations. Leveraging large language models, machine learning, knowledge graphs, process automation, and enterprise data integration capabilities, they comprehend, analyze, and execute tasks related to procurement requirements, suppliers, pricing, contracts, orders, and risk information. Through natural language interaction, these agents assist users with consolidating procurement needs, supplier sourcing, price inquiries and comparisons, approval of procurement requests, contract clause reviews, order tracking, spend analysis, risk alerts, and decision support. They also integrate with ERP systems, procurement management platforms, supplier management portals, and financial systems to automatically access data and trigger business workflows.
The growth of the market for AI agents in procurement management is primarily driven by factors such as the digitalization of procurement processes, increasing supply chain complexity, heightened pressure for cost control, and the maturation of generative AI technology. Traditional procurement management often relies on manual efforts for tasks like supplier screening, price inquiries and comparisons, contract reviews, order tracking, and risk identification—processes that are time-consuming and prone to issues arising from information silos and variations in individual expertise. AI agents for procurement management leverage natural language interaction, access to corporate knowledge bases, supplier data analysis, and workflow automation to assist with requirement identification, supplier sourcing, price analysis, contract clause review, anomaly alerts, and procurement decision-making, thereby enhancing efficiency and compliance. Meanwhile, as enterprises increasingly demand supply chain resilience, supplier risk monitoring, sustainable procurement, and spend transparency, the opening of APIs by ERP systems, procurement management platforms, and supplier management systems has paved the way for integrating AI agents into existing business workflows. With continuous improvements in the accuracy of large language models, data security, access controls, and multi-agent collaboration capabilities, AI agents in procurement management are set to evolve from simple tools for information retrieval and analytical support into intelligent business assistants capable of executing cross-system procurement tasks.
MARKET SEGMENTATION
REPORT SCOPE
This report provides a comprehensive view of the global market for AI Agent for Procurement Management, covering total sales revenue, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The AI Agent for Procurement Management market size, estimations, and forecasts are presented in terms of sales revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding AI Agent for Procurement Management.
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value). It also summarizes market dynamics and recent developments; identifies key drivers and restraints; outlines challenges and risks for players; reviews relevant industry policies.
Chapter 2: Provides a detailed analysis of the AI Agent for Procurement Management companies' competitive landscape—including revenue shares, recent development plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents AI Agent for Procurement Management revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents AI Agent for Procurement Management revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product revenue, gross margin, product portfolios, recent developments, etc.
Chapter 8: Analysis of Value 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:
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 Market Overview
1.1 AI Agent for Procurement Management Product Introduction
1.2 Global AI Agent for Procurement Management Market Size Forecast (2021–2032)
1.3 AI Agent for Procurement Management Market Trends & Drivers
1.3.1 AI Agent for Procurement Management Industry Trends
1.3.2 AI Agent for Procurement Management Market Drivers & Opportunities
1.3.3 AI Agent for Procurement Management Market Challenges
1.3.4 AI Agent for Procurement Management Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global AI Agent for Procurement Management Players Revenue Ranking (2025)
2.2 Global AI Agent for Procurement Management Revenue by Company (2021–2026)
2.3 Key Companies’ R&D and Operations Footprint and Headquarters
2.4 Key Companies AI Agent for Procurement Management Product Offerings
2.5 Key Companies General Availability (GA) Timeline for AI Agent for Procurement Management
2.6 AI Agent for Procurement Management Market Competitive Analysis
2.6.1 AI Agent for Procurement Management Market Concentration Rate (2021–2026)
2.6.2 Top 5 and Top 10 Global Companies by AI Agent for Procurement Management Revenue in 2025
2.6.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on AI Agent for Procurement Management revenue, 2025
2.7 Mergers & Acquisitions and Expansion
3 Segmentation AI Agent for Procurement Management Market Classification
3.1 Introduction by Type
3.1.1 Cloud-based
3.1.2 On-premises
3.1.3 Global AI Agent for Procurement Management Sales Value by Type
3.1.3.1 Global AI Agent for Procurement Management Sales Value by Type (2021 vs 2025 vs 2032)
3.1.3.2 Global AI Agent for Procurement Management Sales Value, by Type (2021–2032)
3.1.3.3 Global AI Agent for Procurement Management Sales Value, by Type (%), 2021–2032
3.2 Introduction by Procurement Type
3.2.1 Direct Material Procurement
3.2.2 Indirect Material Procurement
3.2.3 Service and Capital Procurement
3.2.4 Global AI Agent for Procurement Management Sales Value by Procurement Type
3.2.4.1 Global AI Agent for Procurement Management Sales Value by Procurement Type (2021 vs 2025 vs 2032)
3.2.4.2 Global AI Agent for Procurement Management Sales Value, by Procurement Type (2021–2032)
3.2.4.3 Global AI Agent for Procurement Management Sales Value, by Procurement Type (%), 2021–2032
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Large Enterprises
4.1.2 Small and Medium-sized Enterprises
4.2 Global AI Agent for Procurement Management Sales Value by Application
4.2.1 Global AI Agent for Procurement Management Sales Value by Application (2021 vs 2025 vs 2032)
4.2.2 Global AI Agent for Procurement Management Sales Value by Application (2021–2032)
4.2.3 Global AI Agent for Procurement Management Sales Value by Application (%), 2021–2032
5 Segmentation by Region
5.1 Global AI Agent for Procurement Management Sales Value by Region
5.1.1 Global AI Agent for Procurement Management Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global AI Agent for Procurement Management Sales Value by Region (2021–2026)
5.1.3 Global AI Agent for Procurement Management Sales Value by Region (2027–2032)
5.1.4 Global AI Agent for Procurement Management Sales Value by Region (%), 2021–2032
5.2 North America
5.2.1 North America AI Agent for Procurement Management Sales Value, 2021–2032
5.2.2 North America AI Agent for Procurement Management Sales Value by Country (%), 2025 vs 2032
5.3 Europe
5.3.1 Europe AI Agent for Procurement Management Sales Value, 2021–2032
5.3.2 Europe AI Agent for Procurement Management Sales Value by Country (%), 2025 vs 2032
5.4 Asia Pacific
5.4.1 Asia Pacific AI Agent for Procurement Management Sales Value, 2021–2032
5.4.2 Asia Pacific AI Agent for Procurement Management Sales Value by Subregion (%), 2025 vs 2032
5.5 South America
5.5.1 South America AI Agent for Procurement Management Sales Value, 2021–2032
5.5.2 South America AI Agent for Procurement Management Sales Value by Country (%), 2025 vs 2032
5.6 Middle East & Africa
5.6.1 Middle East & Africa AI Agent for Procurement Management Sales Value, 2021–2032
5.6.2 Middle East & Africa AI Agent for Procurement Management Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions AI Agent for Procurement Management Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions AI Agent for Procurement Management Sales Value, 2021–2032
6.3 United States
6.3.1 United States AI Agent for Procurement Management Sales Value, 2021–2032
6.3.2 United States AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.3.3 United States AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe AI Agent for Procurement Management Sales Value, 2021–2032
6.4.2 Europe AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China AI Agent for Procurement Management Sales Value, 2021–2032
6.5.2 China AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.5.3 China AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan AI Agent for Procurement Management Sales Value, 2021–2032
6.6.2 Japan AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea AI Agent for Procurement Management Sales Value, 2021–2032
6.7.2 South Korea AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia AI Agent for Procurement Management Sales Value, 2021–2032
6.8.2 Southeast Asia AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India AI Agent for Procurement Management Sales Value, 2021–2032
6.9.2 India AI Agent for Procurement Management Sales Value by Type (%), 2025 vs 2032
6.9.3 India AI Agent for Procurement Management Sales Value by Application, 2025 vs 2032
7 Company Profiles
7.1 SAP
7.1.1 SAP Profile
7.1.2 SAP Main Business
7.1.3 SAP AI Agent for Procurement Management Products, Services, and Solutions
7.1.4 SAP AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.1.5 SAP Recent Developments
7.2 Oracle
7.2.1 Oracle Profile
7.2.2 Oracle Main Business
7.2.3 Oracle AI Agent for Procurement Management Products, Services, and Solutions
7.2.4 Oracle AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.2.5 Oracle Recent Developments
7.3 Coupa
7.3.1 Coupa Profile
7.3.2 Coupa Main Business
7.3.3 Coupa AI Agent for Procurement Management Products, Services, and Solutions
7.3.4 Coupa AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.3.5 Coupa Recent Developments
7.4 Microsoft
7.4.1 Microsoft Profile
7.4.2 Microsoft Main Business
7.4.3 Microsoft AI Agent for Procurement Management Products, Services, and Solutions
7.4.4 Microsoft AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.4.5 Microsoft Recent Developments
7.5 ServiceNow
7.5.1 ServiceNow Profile
7.5.2 ServiceNow Main Business
7.5.3 ServiceNow AI Agent for Procurement Management Products, Services, and Solutions
7.5.4 ServiceNow AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.5.5 ServiceNow Recent Developments
7.6 GEP
7.6.1 GEP Profile
7.6.2 GEP Main Business
7.6.3 GEP AI Agent for Procurement Management Products, Services, and Solutions
7.6.4 GEP AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.6.5 GEP Recent Developments
7.7 Ivalua
7.7.1 Ivalua Profile
7.7.2 Ivalua Main Business
7.7.3 Ivalua AI Agent for Procurement Management Products, Services, and Solutions
7.7.4 Ivalua AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.7.5 Ivalua Recent Developments
7.8 IBM
7.8.1 IBM Profile
7.8.2 IBM Main Business
7.8.3 IBM AI Agent for Procurement Management Products, Services, and Solutions
7.8.4 IBM AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.8.5 IBM Recent Developments
7.9 Zycus
7.9.1 Zycus Profile
7.9.2 Zycus Main Business
7.9.3 Zycus AI Agent for Procurement Management Products, Services, and Solutions
7.9.4 Zycus AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.9.5 Zycus Recent Developments
7.10 Zip
7.10.1 Zip Profile
7.10.2 Zip Main Business
7.10.3 Zip AI Agent for Procurement Management Products, Services, and Solutions
7.10.4 Zip AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.10.5 Zip Recent Developments
7.11 JAGGAER
7.11.1 JAGGAER Profile
7.11.2 JAGGAER Main Business
7.11.3 JAGGAER AI Agent for Procurement Management Products, Services, and Solutions
7.11.4 JAGGAER AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.11.5 JAGGAER Recent Developments
7.12 UiPath
7.12.1 UiPath Profile
7.12.2 UiPath Main Business
7.12.3 UiPath AI Agent for Procurement Management Products, Services, and Solutions
7.12.4 UiPath AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.12.5 UiPath Recent Developments
7.13 Workday
7.13.1 Workday Profile
7.13.2 Workday Main Business
7.13.3 Workday AI Agent for Procurement Management Products, Services, and Solutions
7.13.4 Workday AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.13.5 Workday Recent Developments
7.14 Fairmarkit
7.14.1 Fairmarkit Profile
7.14.2 Fairmarkit Main Business
7.14.3 Fairmarkit AI Agent for Procurement Management Products, Services, and Solutions
7.14.4 Fairmarkit AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.14.5 Fairmarkit Recent Developments
7.15 Keelvar
7.15.1 Keelvar Profile
7.15.2 Keelvar Main Business
7.15.3 Keelvar AI Agent for Procurement Management Products, Services, and Solutions
7.15.4 Keelvar AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.15.5 Keelvar Recent Developments
7.16 Pactum
7.16.1 Pactum Profile
7.16.2 Pactum Main Business
7.16.3 Pactum AI Agent for Procurement Management Products, Services, and Solutions
7.16.4 Pactum AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.16.5 Pactum Recent Developments
7.17 Globality
7.17.1 Globality Profile
7.17.2 Globality Main Business
7.17.3 Globality AI Agent for Procurement Management Products, Services, and Solutions
7.17.4 Globality AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.17.5 Globality Recent Developments
7.18 ORO Labs
7.18.1 ORO Labs Profile
7.18.2 ORO Labs Main Business
7.18.3 ORO Labs AI Agent for Procurement Management Products, Services, and Solutions
7.18.4 ORO Labs AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.18.5 ORO Labs Recent Developments
7.19 Sunyur
7.19.1 Sunyur Profile
7.19.2 Sunyur Main Business
7.19.3 Sunyur AI Agent for Procurement Management Products, Services, and Solutions
7.19.4 Sunyur AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.19.5 Sunyur Recent Developments
7.20 iFLYTEK
7.20.1 iFLYTEK Profile
7.20.2 iFLYTEK Main Business
7.20.3 iFLYTEK AI Agent for Procurement Management Products, Services, and Solutions
7.20.4 iFLYTEK AI Agent for Procurement Management Revenue (US$ Million), 2021–2026
7.20.5 iFLYTEK Recent Developments
8 Industry Chain Analysis
8.1 AI Agent for Procurement Management Value Chain
8.2 AI Agent for Procurement Management Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Key Suppliers of Raw Materials
8.2.3 Cost Structure
8.3 Midstream Analysis
8.4 Downstream (Customer) Analysis
8.5 Sales Model and Sales Channelss
8.5.1 AI Agent for Procurement Management Sales Model
8.5.2 Sales Channels
8.5.3 AI Agent for Procurement Management 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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The global AI Agent for Procurement Management market was valued at US$ 662 million in 2025 and is anticipated to reach US$ 5969 million by 2032, at a CAGR of 35.0% from 2026 to 2032.
Published: 2026-08-03
Pages: 140
The global AI Agent for Procurement Management market size was US$ 662 million in 2025 and is forecast to reach a readjusted size of US$ 5969 million by 2032 with a CAGR of 35.0% during the forecast period 2026-2032.
Published: 2026-08-03
Pages: 132
The global AI Agent for Procurement Management market is projected to grow from US$ 662 million in 2025 to US$ 5969 million by 2032, at a CAGR of 35.0% (2026-2032), driven by critical product segments and diverse end‑use applications.
Published: 2026-08-03
Pages: 146
REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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