The global Procurement Outsourcing market size was valued at US$ 5739 million in 2024 and is forecast to a readjusted size of USD 12140 million by 2031 with a CAGR of 11.4% during review period.
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 is a detailed and comprehensive analysis for global Procurement Outsourcing market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Procurement Outsourcing market size and forecasts, in consumption value ($ Million), 2020-2031
Global Procurement Outsourcing market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global Procurement Outsourcing market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global Procurement Outsourcing market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Procurement Outsourcing
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Procurement Outsourcing market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IBM, Accenture, GEP, Infosys, Capgemini, Genpact, TCS, Xchanging, WNS, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Âé¶¹Ô´´ segmentation
Procurement Outsourcing market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Âé¶¹Ô´´ segment by Type
Direct Procurement
Indirect Procurement
Âé¶¹Ô´´ segment by Application
CPG and Retail
BFSI Sector
Âé¶¹Ô´´ segment by players, this report covers
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
Âé¶¹Ô´´ segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe Procurement Outsourcing product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Procurement Outsourcing, with revenue, gross margin, and global market share of Procurement Outsourcing from 2020 to 2025.
Chapter 3, the Procurement Outsourcing competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and Procurement Outsourcing market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Procurement Outsourcing.
Chapter 13, to describe Procurement Outsourcing research findings and conclusion.
Please Note - This is an on demand report and will be delivered in 2 business days (48 Hours) post payment.
1 Âé¶¹Ô´´ Overview
1.1 Product Overview and Scope
1.2 Âé¶¹Ô´´ Estimation Caveats and Base Year
1.3 Classification of Procurement Outsourcing by Type
1.3.1 Overview: Global Procurement Outsourcing Âé¶¹Ô´´ Size by Type: 2020 Versus 2024 Versus 2031
1.3.2 Global Procurement Outsourcing Consumption Value Âé¶¹Ô´´ Share by Type in 2024
1.3.3 Direct Procurement
1.3.4 Indirect Procurement
1.4 Global Procurement Outsourcing Âé¶¹Ô´´ by Application
1.4.1 Overview: Global Procurement Outsourcing Âé¶¹Ô´´ Size by Application: 2020 Versus 2024 Versus 2031
1.4.2 CPG and Retail
1.4.3 BFSI Sector
1.5 Global Procurement Outsourcing Âé¶¹Ô´´ Size & Forecast
1.6 Global Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast by Region
1.6.1 Global Procurement Outsourcing Âé¶¹Ô´´ Size by Region: 2020 VS 2024 VS 2031
1.6.2 Global Procurement Outsourcing Âé¶¹Ô´´ Size by Region, (2020-2031)
1.6.3 North America Procurement Outsourcing Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.4 Europe Procurement Outsourcing Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.5 Asia-Pacific Procurement Outsourcing Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.6 South America Procurement Outsourcing Âé¶¹Ô´´ Size and Prospect (2020-2031)
1.6.7 Middle East & Africa Procurement Outsourcing Âé¶¹Ô´´ Size and Prospect (2020-2031)
2 Company Profiles
2.1 IBM
2.1.1 IBM Details
2.1.2 IBM Major Business
2.1.3 IBM Procurement Outsourcing Product and Solutions
2.1.4 IBM Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.1.5 IBM Recent Developments and Future Plans
2.2 Accenture
2.2.1 Accenture Details
2.2.2 Accenture Major Business
2.2.3 Accenture Procurement Outsourcing Product and Solutions
2.2.4 Accenture Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.2.5 Accenture Recent Developments and Future Plans
2.3 GEP
2.3.1 GEP Details
2.3.2 GEP Major Business
2.3.3 GEP Procurement Outsourcing Product and Solutions
2.3.4 GEP Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.3.5 GEP Recent Developments and Future Plans
2.4 Infosys
2.4.1 Infosys Details
2.4.2 Infosys Major Business
2.4.3 Infosys Procurement Outsourcing Product and Solutions
2.4.4 Infosys Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.4.5 Infosys Recent Developments and Future Plans
2.5 Capgemini
2.5.1 Capgemini Details
2.5.2 Capgemini Major Business
2.5.3 Capgemini Procurement Outsourcing Product and Solutions
2.5.4 Capgemini Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.5.5 Capgemini Recent Developments and Future Plans
2.6 Genpact
2.6.1 Genpact Details
2.6.2 Genpact Major Business
2.6.3 Genpact Procurement Outsourcing Product and Solutions
2.6.4 Genpact Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.6.5 Genpact Recent Developments and Future Plans
2.7 TCS
2.7.1 TCS Details
2.7.2 TCS Major Business
2.7.3 TCS Procurement Outsourcing Product and Solutions
2.7.4 TCS Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.7.5 TCS Recent Developments and Future Plans
2.8 Xchanging
2.8.1 Xchanging Details
2.8.2 Xchanging Major Business
2.8.3 Xchanging Procurement Outsourcing Product and Solutions
2.8.4 Xchanging Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.8.5 Xchanging Recent Developments and Future Plans
2.9 WNS
2.9.1 WNS Details
2.9.2 WNS Major Business
2.9.3 WNS Procurement Outsourcing Product and Solutions
2.9.4 WNS Procurement Outsourcing Revenue, Gross Margin and Âé¶¹Ô´´ Share (2020-2025)
2.9.5 WNS Recent Developments and Future Plans
3 Âé¶¹Ô´´ Competition, by Players
3.1 Global Procurement Outsourcing Revenue and Share by Players (2020-2025)
3.2 Âé¶¹Ô´´ Share Analysis (2024)
3.2.1 Âé¶¹Ô´´ Share of Procurement Outsourcing by Company Revenue
3.2.2 Top 3 Procurement Outsourcing Players Âé¶¹Ô´´ Share in 2024
3.2.3 Top 6 Procurement Outsourcing Players Âé¶¹Ô´´ Share in 2024
3.3 Procurement Outsourcing Âé¶¹Ô´´: Overall Company Footprint Analysis
3.3.1 Procurement Outsourcing Âé¶¹Ô´´: Region Footprint
3.3.2 Procurement Outsourcing Âé¶¹Ô´´: Company Product Type Footprint
3.3.3 Procurement Outsourcing Âé¶¹Ô´´: Company Product Application Footprint
3.4 New Âé¶¹Ô´´ Entrants and Barriers to Âé¶¹Ô´´ Entry
3.5 Mergers, Acquisition, Agreements, and Collaborations
4 Âé¶¹Ô´´ Size Segment by Type
4.1 Global Procurement Outsourcing Consumption Value and Âé¶¹Ô´´ Share by Type (2020-2025)
4.2 Global Procurement Outsourcing Âé¶¹Ô´´ Forecast by Type (2026-2031)
5 Âé¶¹Ô´´ Size Segment by Application
5.1 Global Procurement Outsourcing Consumption Value Âé¶¹Ô´´ Share by Application (2020-2025)
5.2 Global Procurement Outsourcing Âé¶¹Ô´´ Forecast by Application (2026-2031)
6 North America
6.1 North America Procurement Outsourcing Consumption Value by Type (2020-2031)
6.2 North America Procurement Outsourcing Âé¶¹Ô´´ Size by Application (2020-2031)
6.3 North America Procurement Outsourcing Âé¶¹Ô´´ Size by Country
6.3.1 North America Procurement Outsourcing Consumption Value by Country (2020-2031)
6.3.2 United States Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
6.3.3 Canada Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
6.3.4 Mexico Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
7 Europe
7.1 Europe Procurement Outsourcing Consumption Value by Type (2020-2031)
7.2 Europe Procurement Outsourcing Consumption Value by Application (2020-2031)
7.3 Europe Procurement Outsourcing Âé¶¹Ô´´ Size by Country
7.3.1 Europe Procurement Outsourcing Consumption Value by Country (2020-2031)
7.3.2 Germany Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.3 France Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.4 United Kingdom Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.5 Russia Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
7.3.6 Italy Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8 Asia-Pacific
8.1 Asia-Pacific Procurement Outsourcing Consumption Value by Type (2020-2031)
8.2 Asia-Pacific Procurement Outsourcing Consumption Value by Application (2020-2031)
8.3 Asia-Pacific Procurement Outsourcing Âé¶¹Ô´´ Size by Region
8.3.1 Asia-Pacific Procurement Outsourcing Consumption Value by Region (2020-2031)
8.3.2 China Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.3 Japan Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.4 South Korea Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.5 India Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.6 Southeast Asia Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
8.3.7 Australia Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
9 South America
9.1 South America Procurement Outsourcing Consumption Value by Type (2020-2031)
9.2 South America Procurement Outsourcing Consumption Value by Application (2020-2031)
9.3 South America Procurement Outsourcing Âé¶¹Ô´´ Size by Country
9.3.1 South America Procurement Outsourcing Consumption Value by Country (2020-2031)
9.3.2 Brazil Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
9.3.3 Argentina Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
10 Middle East & Africa
10.1 Middle East & Africa Procurement Outsourcing Consumption Value by Type (2020-2031)
10.2 Middle East & Africa Procurement Outsourcing Consumption Value by Application (2020-2031)
10.3 Middle East & Africa Procurement Outsourcing Âé¶¹Ô´´ Size by Country
10.3.1 Middle East & Africa Procurement Outsourcing Consumption Value by Country (2020-2031)
10.3.2 Turkey Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.3 Saudi Arabia Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
10.3.4 UAE Procurement Outsourcing Âé¶¹Ô´´ Size and Forecast (2020-2031)
11 Âé¶¹Ô´´ Dynamics
11.1 Procurement Outsourcing Âé¶¹Ô´´ Drivers
11.2 Procurement Outsourcing Âé¶¹Ô´´ Restraints
11.3 Procurement Outsourcing Trends Analysis
11.4 Porters Five Forces Analysis
11.4.1 Threat of New Entrants
11.4.2 Bargaining Power of Suppliers
11.4.3 Bargaining Power of Buyers
11.4.4 Threat of Substitutes
11.4.5 Competitive Rivalry
12 Industry Chain Analysis
12.1 Procurement Outsourcing Industry Chain
12.2 Procurement Outsourcing Upstream Analysis
12.3 Procurement Outsourcing Midstream Analysis
12.4 Procurement Outsourcing Downstream Analysis
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Process and Data Source
14.3 Disclaimer
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
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*If Applicable.