Global Procurement Outsourcing Supply, Demand and Key Producers, 2024-2030

Description

The global Procurement Outsourcing market size is expected to reach $ 9684.7 million by 2030, rising at a market growth of 11.2% CAGR during the forecast period (2024-2030).

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%.

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.

This report studies the global Procurement Outsourcing demand, key companies, and key regions.

This report is a detailed and comprehensive analysis of the world market for Procurement Outsourcing, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Procurement Outsourcing that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Procurement Outsourcing total market, 2019-2030, (USD Million)
Global Procurement Outsourcing total market by region & country, CAGR, 2019-2030, (USD Million)
U.S. VS China: Procurement Outsourcing total market, key domestic companies and share, (USD Million)
Global Procurement Outsourcing revenue by player and market share 2019-2024, (USD Million)
Global Procurement Outsourcing total market by Type, CAGR, 2019-2030, (USD Million)
Global Procurement Outsourcing total market by Application, CAGR, 2019-2030, (USD Million).

This reports profiles major 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 and WNS, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Procurement Outsourcing market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Procurement Outsourcing Market, By Region:
    United States
    China
    Europe
    Japan
    South Korea
    ASEAN
    India
    Rest of World

Global Procurement Outsourcing Market, Segmentation by Type
    Direct Procurement
    Indirect Procurement

Global Procurement Outsourcing Market, Segmentation by Application
    CPG and Retail
    BFSI Sector

Companies Profiled:
    IBM
    Accenture
    GEP
    Infosys
    Capgemini
    Genpact
    TCS
    Xchanging
    WNS

Key Questions Answered
1. How big is the global Procurement Outsourcing market?
2. What is the demand of the global Procurement Outsourcing market?
3. What is the year over year growth of the global Procurement Outsourcing market?
4. What is the total value of the global Procurement Outsourcing market?
5. Who are the major players in the global Procurement Outsourcing market?

Table of Contents

1 Supply Summary
    1.1 Procurement Outsourcing Introduction
    1.2 World Procurement Outsourcing Market Size & Forecast (2019 & 2023 & 2030)
    1.3 World Procurement Outsourcing Total Market by Region (by Headquarter Location)
        1.3.1 World Procurement Outsourcing Market Size by Region (2019-2030), (by Headquarter Location)
        1.3.2 United States Procurement Outsourcing Market Size (2019-2030)
        1.3.3 China Procurement Outsourcing Market Size (2019-2030)
        1.3.4 Europe Procurement Outsourcing Market Size (2019-2030)
        1.3.5 Japan Procurement Outsourcing Market Size (2019-2030)
        1.3.6 South Korea Procurement Outsourcing Market Size (2019-2030)
        1.3.7 ASEAN Procurement Outsourcing Market Size (2019-2030)
        1.3.8 India Procurement Outsourcing Market Size (2019-2030)
    1.4 Market Drivers, Restraints and Trends
        1.4.1 Procurement Outsourcing Market Drivers
        1.4.2 Factors Affecting Demand
        1.4.3 Procurement Outsourcing Major Market Trends

2 Demand Summary
    2.1 World Procurement Outsourcing Consumption Value (2019-2030)
    2.2 World Procurement Outsourcing Consumption Value by Region
        2.2.1 World Procurement Outsourcing Consumption Value by Region (2019-2024)
        2.2.2 World Procurement Outsourcing Consumption Value Forecast by Region (2025-2030)
    2.3 United States Procurement Outsourcing Consumption Value (2019-2030)
    2.4 China Procurement Outsourcing Consumption Value (2019-2030)
    2.5 Europe Procurement Outsourcing Consumption Value (2019-2030)
    2.6 Japan Procurement Outsourcing Consumption Value (2019-2030)
    2.7 South Korea Procurement Outsourcing Consumption Value (2019-2030)
    2.8 ASEAN Procurement Outsourcing Consumption Value (2019-2030)
    2.9 India Procurement Outsourcing Consumption Value (2019-2030)

3 World Procurement Outsourcing Companies Competitive Analysis
    3.1 World Procurement Outsourcing Revenue by Player (2019-2024)
    3.2 Industry Rank and Concentration Rate (CR)
        3.2.1 Global Procurement Outsourcing Industry Rank of Major Players
        3.2.2 Global Concentration Ratios (CR4) for Procurement Outsourcing in 2023
        3.2.3 Global Concentration Ratios (CR8) for Procurement Outsourcing in 2023
    3.3 Procurement Outsourcing Company Evaluation Quadrant
    3.4 Procurement Outsourcing Market: Overall Company Footprint Analysis
        3.4.1 Procurement Outsourcing Market: Region Footprint
        3.4.2 Procurement Outsourcing Market: Company Product Type Footprint
        3.4.3 Procurement Outsourcing Market: Company Product Application Footprint
    3.5 Competitive Environment
        3.5.1 Historical Structure of the Industry
        3.5.2 Barriers of Market Entry
        3.5.3 Factors of Competition
    3.6 Mergers, Acquisitions Activity

4 United States VS China VS Rest of the World (by Headquarter Location)
    4.1 United States VS China: Procurement Outsourcing Revenue Comparison (by Headquarter Location)
        4.1.1 United States VS China: Procurement Outsourcing Market Size Comparison (2019 & 2023 & 2030) (by Headquarter Location)
        4.1.2 United States VS China: Procurement Outsourcing Revenue Market Share Comparison (2019 & 2023 & 2030)
    4.2 United States Based Companies VS China Based Companies: Procurement Outsourcing Consumption Value Comparison
        4.2.1 United States VS China: Procurement Outsourcing Consumption Value Comparison (2019 & 2023 & 2030)
        4.2.2 United States VS China: Procurement Outsourcing Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    4.3 United States Based Procurement Outsourcing Companies and Market Share, 2019-2024
        4.3.1 United States Based Procurement Outsourcing Companies, Headquarters (States, Country)
        4.3.2 United States Based Companies Procurement Outsourcing Revenue, (2019-2024)
    4.4 China Based Companies Procurement Outsourcing Revenue and Market Share, 2019-2024
        4.4.1 China Based Procurement Outsourcing Companies, Company Headquarters (Province, Country)
        4.4.2 China Based Companies Procurement Outsourcing Revenue, (2019-2024)
    4.5 Rest of World Based Procurement Outsourcing Companies and Market Share, 2019-2024
        4.5.1 Rest of World Based Procurement Outsourcing Companies, Headquarters (States, Country)
        4.5.2 Rest of World Based Companies Procurement Outsourcing Revenue, (2019-2024)

5 Market Analysis by Type
    5.1 World Procurement Outsourcing Market Size Overview by Type: 2019 VS 2023 VS 2030
    5.2 Segment Introduction by Type
        5.2.1 Direct Procurement
        5.2.2 Indirect Procurement
    5.3 Market Segment by Type
        5.3.1 World Procurement Outsourcing Market Size by Type (2019-2024)
        5.3.2 World Procurement Outsourcing Market Size by Type (2025-2030)
        5.3.3 World Procurement Outsourcing Market Size Market Share by Type (2019-2030)

6 Market Analysis by Application
    6.1 World Procurement Outsourcing Market Size Overview by Application: 2019 VS 2023 VS 2030
    6.2 Segment Introduction by Application
        6.2.1 CPG and Retail
        6.2.2 BFSI Sector
    6.3 Market Segment by Application
        6.3.1 World Procurement Outsourcing Market Size by Application (2019-2024)
        6.3.2 World Procurement Outsourcing Market Size by Application (2025-2030)
        6.3.3 World Procurement Outsourcing Market Size by Application (2019-2030)

7 Company Profiles
    7.1 IBM
        7.1.1 IBM Details
        7.1.2 IBM Major Business
        7.1.3 IBM Procurement Outsourcing Product and Services
        7.1.4 IBM Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.1.5 IBM Recent Developments/Updates
        7.1.6 IBM Competitive Strengths & Weaknesses
    7.2 Accenture
        7.2.1 Accenture Details
        7.2.2 Accenture Major Business
        7.2.3 Accenture Procurement Outsourcing Product and Services
        7.2.4 Accenture Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.2.5 Accenture Recent Developments/Updates
        7.2.6 Accenture Competitive Strengths & Weaknesses
    7.3 GEP
        7.3.1 GEP Details
        7.3.2 GEP Major Business
        7.3.3 GEP Procurement Outsourcing Product and Services
        7.3.4 GEP Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.3.5 GEP Recent Developments/Updates
        7.3.6 GEP Competitive Strengths & Weaknesses
    7.4 Infosys
        7.4.1 Infosys Details
        7.4.2 Infosys Major Business
        7.4.3 Infosys Procurement Outsourcing Product and Services
        7.4.4 Infosys Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.4.5 Infosys Recent Developments/Updates
        7.4.6 Infosys Competitive Strengths & Weaknesses
    7.5 Capgemini
        7.5.1 Capgemini Details
        7.5.2 Capgemini Major Business
        7.5.3 Capgemini Procurement Outsourcing Product and Services
        7.5.4 Capgemini Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.5.5 Capgemini Recent Developments/Updates
        7.5.6 Capgemini Competitive Strengths & Weaknesses
    7.6 Genpact
        7.6.1 Genpact Details
        7.6.2 Genpact Major Business
        7.6.3 Genpact Procurement Outsourcing Product and Services
        7.6.4 Genpact Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.6.5 Genpact Recent Developments/Updates
        7.6.6 Genpact Competitive Strengths & Weaknesses
    7.7 TCS
        7.7.1 TCS Details
        7.7.2 TCS Major Business
        7.7.3 TCS Procurement Outsourcing Product and Services
        7.7.4 TCS Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.7.5 TCS Recent Developments/Updates
        7.7.6 TCS Competitive Strengths & Weaknesses
    7.8 Xchanging
        7.8.1 Xchanging Details
        7.8.2 Xchanging Major Business
        7.8.3 Xchanging Procurement Outsourcing Product and Services
        7.8.4 Xchanging Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.8.5 Xchanging Recent Developments/Updates
        7.8.6 Xchanging Competitive Strengths & Weaknesses
    7.9 WNS
        7.9.1 WNS Details
        7.9.2 WNS Major Business
        7.9.3 WNS Procurement Outsourcing Product and Services
        7.9.4 WNS Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024)
        7.9.5 WNS Recent Developments/Updates
        7.9.6 WNS Competitive Strengths & Weaknesses

8 Industry Chain Analysis
    8.1 Procurement Outsourcing Industry Chain
    8.2 Procurement Outsourcing Upstream Analysis
    8.3 Procurement Outsourcing Midstream Analysis
    8.4 Procurement Outsourcing Downstream Analysis

9 Research Findings and Conclusion

10 Appendix
    10.1 Methodology
    10.2 Research Process and Data Source
    10.3 Disclaimer

Table of Figures

List of Tables
    Table 1. World Procurement Outsourcing Revenue by Region (2019, 2023 and 2030) & (USD Million), (by Headquarter Location)
    Table 2. World Procurement Outsourcing Revenue by Region (2019-2024) & (USD Million), (by Headquarter Location)
    Table 3. World Procurement Outsourcing Revenue by Region (2025-2030) & (USD Million), (by Headquarter Location)
    Table 4. World Procurement Outsourcing Revenue Market Share by Region (2019-2024), (by Headquarter Location)
    Table 5. World Procurement Outsourcing Revenue Market Share by Region (2025-2030), (by Headquarter Location)
    Table 6. Major Market Trends
    Table 7. World Procurement Outsourcing Consumption Value Growth Rate Forecast by Region (2019 & 2023 & 2030) & (USD Million)
    Table 8. World Procurement Outsourcing Consumption Value by Region (2019-2024) & (USD Million)
    Table 9. World Procurement Outsourcing Consumption Value Forecast by Region (2025-2030) & (USD Million)
    Table 10. World Procurement Outsourcing Revenue by Player (2019-2024) & (USD Million)
    Table 11. Revenue Market Share of Key Procurement Outsourcing Players in 2023
    Table 12. World Procurement Outsourcing Industry Rank of Major Player, Based on Revenue in 2023
    Table 13. Global Procurement Outsourcing Company Evaluation Quadrant
    Table 14. Head Office of Key Procurement Outsourcing Player
    Table 15. Procurement Outsourcing Market: Company Product Type Footprint
    Table 16. Procurement Outsourcing Market: Company Product Application Footprint
    Table 17. Procurement Outsourcing Mergers & Acquisitions Activity
    Table 18. United States VS China Procurement Outsourcing Market Size Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 19. United States VS China Procurement Outsourcing Consumption Value Comparison, (2019 & 2023 & 2030) & (USD Million)
    Table 20. United States Based Procurement Outsourcing Companies, Headquarters (States, Country)
    Table 21. United States Based Companies Procurement Outsourcing Revenue, (2019-2024) & (USD Million)
    Table 22. United States Based Companies Procurement Outsourcing Revenue Market Share (2019-2024)
    Table 23. China Based Procurement Outsourcing Companies, Headquarters (Province, Country)
    Table 24. China Based Companies Procurement Outsourcing Revenue, (2019-2024) & (USD Million)
    Table 25. China Based Companies Procurement Outsourcing Revenue Market Share (2019-2024)
    Table 26. Rest of World Based Procurement Outsourcing Companies, Headquarters (States, Country)
    Table 27. Rest of World Based Companies Procurement Outsourcing Revenue, (2019-2024) & (USD Million)
    Table 28. Rest of World Based Companies Procurement Outsourcing Revenue Market Share (2019-2024)
    Table 29. World Procurement Outsourcing Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Table 30. World Procurement Outsourcing Market Size by Type (2019-2024) & (USD Million)
    Table 31. World Procurement Outsourcing Market Size by Type (2025-2030) & (USD Million)
    Table 32. World Procurement Outsourcing Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Table 33. World Procurement Outsourcing Market Size by Application (2019-2024) & (USD Million)
    Table 34. World Procurement Outsourcing Market Size by Application (2025-2030) & (USD Million)
    Table 35. IBM Basic Information, Area Served and Competitors
    Table 36. IBM Major Business
    Table 37. IBM Procurement Outsourcing Product and Services
    Table 38. IBM Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 39. IBM Recent Developments/Updates
    Table 40. IBM Competitive Strengths & Weaknesses
    Table 41. Accenture Basic Information, Area Served and Competitors
    Table 42. Accenture Major Business
    Table 43. Accenture Procurement Outsourcing Product and Services
    Table 44. Accenture Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 45. Accenture Recent Developments/Updates
    Table 46. Accenture Competitive Strengths & Weaknesses
    Table 47. GEP Basic Information, Area Served and Competitors
    Table 48. GEP Major Business
    Table 49. GEP Procurement Outsourcing Product and Services
    Table 50. GEP Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 51. GEP Recent Developments/Updates
    Table 52. GEP Competitive Strengths & Weaknesses
    Table 53. Infosys Basic Information, Area Served and Competitors
    Table 54. Infosys Major Business
    Table 55. Infosys Procurement Outsourcing Product and Services
    Table 56. Infosys Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 57. Infosys Recent Developments/Updates
    Table 58. Infosys Competitive Strengths & Weaknesses
    Table 59. Capgemini Basic Information, Area Served and Competitors
    Table 60. Capgemini Major Business
    Table 61. Capgemini Procurement Outsourcing Product and Services
    Table 62. Capgemini Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 63. Capgemini Recent Developments/Updates
    Table 64. Capgemini Competitive Strengths & Weaknesses
    Table 65. Genpact Basic Information, Area Served and Competitors
    Table 66. Genpact Major Business
    Table 67. Genpact Procurement Outsourcing Product and Services
    Table 68. Genpact Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 69. Genpact Recent Developments/Updates
    Table 70. Genpact Competitive Strengths & Weaknesses
    Table 71. TCS Basic Information, Area Served and Competitors
    Table 72. TCS Major Business
    Table 73. TCS Procurement Outsourcing Product and Services
    Table 74. TCS Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 75. TCS Recent Developments/Updates
    Table 76. TCS Competitive Strengths & Weaknesses
    Table 77. Xchanging Basic Information, Area Served and Competitors
    Table 78. Xchanging Major Business
    Table 79. Xchanging Procurement Outsourcing Product and Services
    Table 80. Xchanging Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 81. Xchanging Recent Developments/Updates
    Table 82. WNS Basic Information, Area Served and Competitors
    Table 83. WNS Major Business
    Table 84. WNS Procurement Outsourcing Product and Services
    Table 85. WNS Procurement Outsourcing Revenue, Gross Margin and Market Share (2019-2024) & (USD Million)
    Table 86. Global Key Players of Procurement Outsourcing Upstream (Raw Materials)
    Table 87. Procurement Outsourcing Typical Customers
List of Figure
    Figure 1. Procurement Outsourcing Picture
    Figure 2. World Procurement Outsourcing Total Market Size: 2019 & 2023 & 2030, (USD Million)
    Figure 3. World Procurement Outsourcing Total Market Size (2019-2030) & (USD Million)
    Figure 4. World Procurement Outsourcing Revenue Market Share by Region (2019, 2023 and 2030) & (USD Million) , (by Headquarter Location)
    Figure 5. World Procurement Outsourcing Revenue Market Share by Region (2019-2030), (by Headquarter Location)
    Figure 6. United States Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 7. China Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 8. Europe Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 9. Japan Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 10. South Korea Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 11. ASEAN Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 12. India Based Company Procurement Outsourcing Revenue (2019-2030) & (USD Million)
    Figure 13. Procurement Outsourcing Market Drivers
    Figure 14. Factors Affecting Demand
    Figure 15. World Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 16. World Procurement Outsourcing Consumption Value Market Share by Region (2019-2030)
    Figure 17. United States Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 18. China Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 19. Europe Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 20. Japan Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 21. South Korea Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 22. ASEAN Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 23. India Procurement Outsourcing Consumption Value (2019-2030) & (USD Million)
    Figure 24. Producer Shipments of Procurement Outsourcing by Player Revenue ($MM) and Market Share (%): 2023
    Figure 25. Global Four-firm Concentration Ratios (CR4) for Procurement Outsourcing Markets in 2023
    Figure 26. Global Four-firm Concentration Ratios (CR8) for Procurement Outsourcing Markets in 2023
    Figure 27. United States VS China: Procurement Outsourcing Revenue Market Share Comparison (2019 & 2023 & 2030)
    Figure 28. United States VS China: Procurement Outsourcing Consumption Value Market Share Comparison (2019 & 2023 & 2030)
    Figure 29. World Procurement Outsourcing Market Size by Type, (USD Million), 2019 & 2023 & 2030
    Figure 30. World Procurement Outsourcing Market Size Market Share by Type in 2023
    Figure 31. Direct Procurement
    Figure 32. Indirect Procurement
    Figure 33. World Procurement Outsourcing Market Size Market Share by Type (2019-2030)
    Figure 34. World Procurement Outsourcing Market Size by Application, (USD Million), 2019 & 2023 & 2030
    Figure 35. World Procurement Outsourcing Market Size Market Share by Application in 2023
    Figure 36. CPG and Retail
    Figure 37. BFSI Sector
    Figure 38. Procurement Outsourcing Industrial Chain
    Figure 39. Methodology
    Figure 40. Research Process and Data Source

Companies Mentioned

IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS