Hotline: +86-18022463983    020-85206863

Global Procurement Outsourcing Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031

Published Date: 2025-04-23   |   Pages: 77   |   Tables: 77   |  Service & Software

The global Procurement Outsourcing market size was 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%.
The global Procurement Outsourcing 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
By Company:
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
By Type: (Dominant Segment vs High-Margin Innovation)
Direct Procurement
Indirect Procurement
By Application: (Core Demand Driver vs Emerging Opportunity)
CPG and Retail
BFSI Sector
By Region
Macro-Regional Analysis: Market Size & Growth Forecasts
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Micro-Local Market Deep Dive: Strategic Insights
- Competitive Landscape: Player dominance vs. disruptors (e.g., IBM in Europe)
- Emerging Product Trends: Direct Procurement adoption vs. Indirect Procurement premiumization
- Demand-Side Dynamics: CPG and Retail growth in China vs. BFSI Sector potential in North America
- Localized Consumer Needs: Regulatory hurdles in EU vs. price sensitivity in India
Focus Markets:
North America
Europe
China
India
Chapter Outline
Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term).
Chapter 2: Quantitative analysis of Procurement Outsourcing 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., Indirect Procurement in China).
Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., BFSI Sector 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?
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Procurement Outsourcing value chain, addressing:
- Market entry risks/opportunities by region
- Product mix optimization based on local practices
- Competitor tactics in fragmented vs. consolidated markets

Research Methodology

The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:


Stage 1 SECONDARY RESEARCH

The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.

 

Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES

After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.

 

Stage 3 ANALYSIS OF THE GATHERED DATA

The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.

 

Stage 4 QUANTITATIVE DATA

The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.

 

Stage 5 QUALITY CONTROL

Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.

 

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 Direct Procurement
1.2.3 Indirect Procurement
1.3 Market by Application
1.3.1 Global Market Share by Application: 2020 VS 2024 VS 2031
1.3.2 CPG and Retail
1.3.3 BFSI Sector
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Procurement Outsourcing Market Perspective (2020-2031)
2.2 Global Market Size by Region: 2020 VS 2024 VS 2031
2.3 Global Procurement Outsourcing Revenue Market Share by Region (2020-2025)
2.4 Global Procurement Outsourcing Revenue Forecast by Region (2026-2031)
2.5 Major Region and Emerging Market Analysis
2.5.1 North America Procurement Outsourcing Market Size and Prospective (2020-2031)
2.5.2 Europe Procurement Outsourcing Market Size and Prospective (2020-2031)
2.5.3 China Procurement Outsourcing Market Size and Prospective (2020-2031)
2.5.4 India Procurement Outsourcing Market Size and Prospective (2020-2031)
3 Breakdown Data by Type
3.1 Global Procurement Outsourcing Historic Market Size by Type (2020-2025)
3.2 Global Procurement Outsourcing Forecasted Market Size by Type (2026-2031)
3.3 Different Types Procurement Outsourcing Representative Players
4 Breakdown Data by Application
4.1 Global Procurement Outsourcing Historic Market Size by Application (2020-2025)
4.2 Global Procurement Outsourcing Forecasted Market Size by Application (2026-2031)
4.3 New Sources of Growth in Procurement Outsourcing Application
5 Competition Landscape by Players
5.1 Global Top Players by Revenue
5.1.1 Global Top Procurement Outsourcing Players by Revenue (2020-2025)
5.1.2 Global Procurement Outsourcing 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 Procurement Outsourcing Revenue
5.4 Global Procurement Outsourcing Market Concentration Analysis
5.4.1 Global Procurement Outsourcing Market Concentration Ratio (CR5 and HHI)
5.4.2 Global Top 10 and Top 5 Companies by Procurement Outsourcing Revenue in 2024
5.5 Global Key Players of Procurement Outsourcing Head office and Area Served
5.6 Global Key Players of Procurement Outsourcing, Product and Application
5.7 Global Key Players of Procurement Outsourcing, 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 Procurement Outsourcing Revenue by Company (2020-2025)
6.1.2 North America Market Size by Type
6.1.2.1 North America Procurement Outsourcing Market Size by Type (2020-2025)
6.1.2.2 North America Procurement Outsourcing Market Share by Type (2020-2025)
6.1.3 North America Market Size by Application
6.1.3.1 North America Procurement Outsourcing Market Size by Application (2020-2025)
6.1.3.2 North America Procurement Outsourcing 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 Procurement Outsourcing Revenue by Company (2020-2025)
6.2.2 Europe Market Size by Type
6.2.2.1 Europe Procurement Outsourcing Market Size by Type (2020-2025)
6.2.2.2 Europe Procurement Outsourcing Market Share by Type (2020-2025)
6.2.3 Europe Market Size by Application
6.2.3.1 Europe Procurement Outsourcing Market Size by Application (2020-2025)
6.2.3.2 Europe Procurement Outsourcing 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 Procurement Outsourcing Revenue by Company (2020-2025)
6.3.2 China Market Size by Type
6.3.2.1 China Procurement Outsourcing Market Size by Type (2020-2025)
6.3.2.2 China Procurement Outsourcing Market Share by Type (2020-2025)
6.3.3 China Market Size by Application
6.3.3.1 China Procurement Outsourcing Market Size by Application (2020-2025)
6.3.3.2 China Procurement Outsourcing Market Share by Application (2020-2025)
6.3.4 China Market Trend and Opportunities
6.4 India Market: Players, Segments and Downstream
6.4.1 India Procurement Outsourcing Revenue by Company (2020-2025)
6.4.2 India Market Size by Type
6.4.2.1 India Procurement Outsourcing Market Size by Type (2020-2025)
6.4.2.2 India Procurement Outsourcing Market Share by Type (2020-2025)
6.4.3 India Market Size by Application
6.4.3.1 India Procurement Outsourcing Market Size by Application (2020-2025)
6.4.3.2 India Procurement Outsourcing Market Share by Application (2020-2025)
6.4.4 India Market Trend and Opportunities
7 Key Players Profiles
7.1 IBM
7.1.1 IBM Company Details
7.1.2 IBM Business Overview
7.1.3 IBM Procurement Outsourcing Introduction
7.1.4 IBM Revenue in Procurement Outsourcing Business (2020-2025)
7.1.5 IBM Recent Development
7.2 Accenture
7.2.1 Accenture Company Details
7.2.2 Accenture Business Overview
7.2.3 Accenture Procurement Outsourcing Introduction
7.2.4 Accenture Revenue in Procurement Outsourcing Business (2020-2025)
7.2.5 Accenture Recent Development
7.3 GEP
7.3.1 GEP Company Details
7.3.2 GEP Business Overview
7.3.3 GEP Procurement Outsourcing Introduction
7.3.4 GEP Revenue in Procurement Outsourcing Business (2020-2025)
7.3.5 GEP Recent Development
7.4 Infosys
7.4.1 Infosys Company Details
7.4.2 Infosys Business Overview
7.4.3 Infosys Procurement Outsourcing Introduction
7.4.4 Infosys Revenue in Procurement Outsourcing Business (2020-2025)
7.4.5 Infosys Recent Development
7.5 Capgemini
7.5.1 Capgemini Company Details
7.5.2 Capgemini Business Overview
7.5.3 Capgemini Procurement Outsourcing Introduction
7.5.4 Capgemini Revenue in Procurement Outsourcing Business (2020-2025)
7.5.5 Capgemini Recent Development
7.6 Genpact
7.6.1 Genpact Company Details
7.6.2 Genpact Business Overview
7.6.3 Genpact Procurement Outsourcing Introduction
7.6.4 Genpact Revenue in Procurement Outsourcing Business (2020-2025)
7.6.5 Genpact Recent Development
7.7 TCS
7.7.1 TCS Company Details
7.7.2 TCS Business Overview
7.7.3 TCS Procurement Outsourcing Introduction
7.7.4 TCS Revenue in Procurement Outsourcing Business (2020-2025)
7.7.5 TCS Recent Development
7.8 Xchanging
7.8.1 Xchanging Company Details
7.8.2 Xchanging Business Overview
7.8.3 Xchanging Procurement Outsourcing Introduction
7.8.4 Xchanging Revenue in Procurement Outsourcing Business (2020-2025)
7.8.5 Xchanging Recent Development
7.9 WNS
7.9.1 WNS Company Details
7.9.2 WNS Business Overview
7.9.3 WNS Procurement Outsourcing Introduction
7.9.4 WNS Revenue in Procurement Outsourcing Business (2020-2025)
7.9.5 WNS Recent Development
8 Procurement Outsourcing Market Dynamics
8.1 Procurement Outsourcing Industry Trends
8.2 Procurement Outsourcing Market Drivers
8.3 Procurement Outsourcing Market Challenges
8.4 Procurement Outsourcing 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

List of Tables
Table 1. Global Procurement Outsourcing Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
Table 2. Global Procurement Outsourcing Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
Table 3. Global Market Procurement Outsourcing Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Procurement Outsourcing Revenue (US$ Million) Market Share by Region (2020-2025)
Table 5. Global Procurement Outsourcing Revenue Share by Region (2020-2025)
Table 6. Global Procurement Outsourcing Revenue (US$ Million) Forecast by Region (2026-2031)
Table 7. Global Procurement Outsourcing Revenue Share Forecast by Region (2026-2031)
Table 8. Global Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)
Table 9. Global Procurement Outsourcing Revenue Market Share by Type (2020-2025)
Table 10. Global Procurement Outsourcing Forecasted Market Size by Type (2026-2031) & (US$ Million)
Table 11. Global Procurement Outsourcing Revenue Market Share by Type (2026-2031)
Table 12. Representative Players of Each Type
Table 13. Global Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)
Table 14. Global Procurement Outsourcing Revenue Market Share by Application (2020-2025)
Table 15. Global Procurement Outsourcing Forecasted Market Size by Application (2026-2031) & (US$ Million)
Table 16. Global Procurement Outsourcing Revenue Market Share by Application (2026-2031)
Table 17. New Sources of Growth in Procurement Outsourcing Application
Table 18. Global Procurement Outsourcing Revenue by Players (2020-2025) & (US$ Million)
Table 19. Global Procurement Outsourcing Market Share by Players (2020-2025)
Table 20. Global Top Procurement Outsourcing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Procurement Outsourcing as of 2024)
Table 21. Ranking of Global Top Procurement Outsourcing Companies by Revenue (US$ Million) in 2024
Table 22. Global 5 Largest Players Market Share by Procurement Outsourcing Revenue (CR5 and HHI) & (2020-2025)
Table 23. Global Key Players of Procurement Outsourcing, Headquarters and Area Served
Table 24. Global Key Players of Procurement Outsourcing, Product and Application
Table 25. Global Key Players of Procurement Outsourcing, Date of Enter into This Industry
Table 26. Mergers & Acquisitions, Expansion Plans
Table 27. North America Procurement Outsourcing Revenue by Company (2020-2025) & (US$ Million)
Table 28. North America Procurement Outsourcing Revenue Market Share by Company (2020-2025)
Table 29. North America Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)
Table 30. North America Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)
Table 31. Europe Procurement Outsourcing Revenue by Company (2020-2025) & (US$ Million)
Table 32. Europe Procurement Outsourcing Revenue Market Share by Company (2020-2025)
Table 33. Europe Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)
Table 34. Europe Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)
Table 35. China Procurement Outsourcing Revenue by Company (2020-2025) & (US$ Million)
Table 36. China Procurement Outsourcing Revenue Market Share by Company (2020-2025)
Table 37. China Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)
Table 38. China Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)
Table 39. India Procurement Outsourcing Revenue by Company (2020-2025) & (US$ Million)
Table 40. India Procurement Outsourcing Revenue Market Share by Company (2020-2025)
Table 41. India Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)
Table 42. India Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)
Table 43. IBM Company Details
Table 44. IBM Business Overview
Table 45. IBM Procurement Outsourcing Product
Table 46. IBM Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 47. IBM Recent Development
Table 48. Accenture Company Details
Table 49. Accenture Business Overview
Table 50. Accenture Procurement Outsourcing Product
Table 51. Accenture Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 52. Accenture Recent Development
Table 53. GEP Company Details
Table 54. GEP Business Overview
Table 55. GEP Procurement Outsourcing Product
Table 56. GEP Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 57. GEP Recent Development
Table 58. Infosys Company Details
Table 59. Infosys Business Overview
Table 60. Infosys Procurement Outsourcing Product
Table 61. Infosys Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 62. Infosys Recent Development
Table 63. Capgemini Company Details
Table 64. Capgemini Business Overview
Table 65. Capgemini Procurement Outsourcing Product
Table 66. Capgemini Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 67. Capgemini Recent Development
Table 68. Genpact Company Details
Table 69. Genpact Business Overview
Table 70. Genpact Procurement Outsourcing Product
Table 71. Genpact Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 72. Genpact Recent Development
Table 73. TCS Company Details
Table 74. TCS Business Overview
Table 75. TCS Procurement Outsourcing Product
Table 76. TCS Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 77. TCS Recent Development
Table 78. Xchanging Company Details
Table 79. Xchanging Business Overview
Table 80. Xchanging Procurement Outsourcing Product
Table 81. Xchanging Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 82. Xchanging Recent Development
Table 83. WNS Company Details
Table 84. WNS Business Overview
Table 85. WNS Procurement Outsourcing Product
Table 86. WNS Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)
Table 87. WNS Recent Development
Table 88. Procurement Outsourcing Market Trends
Table 89. Procurement Outsourcing Market Drivers
Table 90. Procurement Outsourcing Market Challenges
Table 91. Procurement Outsourcing Market Restraints
Table 92. Research Programs/Design for This Report
Table 93. Key Data Information from Secondary Sources
Table 94. Key Data Information from Primary Sources


List of Figures
Figure 1. Procurement Outsourcing Product Picture
Figure 2. Global Procurement Outsourcing Market Share by Type: 2024 VS 2031
Figure 3. Direct Procurement Features
Figure 4. Indirect Procurement Features
Figure 5. Global Procurement Outsourcing Market Share by Application: 2024 VS 2031
Figure 6. CPG and Retail
Figure 7. BFSI Sector
Figure 8. Procurement Outsourcing Report Years Considered
Figure 9. Global Procurement Outsourcing Market Size (US$ Million), Year-over-Year: 2020-2031
Figure 10. Global Procurement Outsourcing Market Size, (US$ Million), 2020 VS 2024 VS 2031
Figure 11. Global Procurement Outsourcing Revenue Market Share by Region: 2020 VS 2024
Figure 12. North America Procurement Outsourcing Revenue (US$ Million) Growth Rate (2020-2031)
Figure 13. Europe Procurement Outsourcing Revenue (US$ Million) Growth Rate (2020-2031)
Figure 14. China Procurement Outsourcing Revenue (US$ Million) Growth Rate (2020-2031)
Figure 15. India Procurement Outsourcing Revenue (US$ Million) Growth Rate (2020-2031)
Figure 16. Global Procurement Outsourcing Market Share by Players in 2024
Figure 17. Global Top Procurement Outsourcing Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Procurement Outsourcing as of 2024)
Figure 18. The Top 10 and 5 Players Market Share by Procurement Outsourcing Revenue in 2024
Figure 19. North America Procurement Outsourcing Market Share by Type (2020-2025)
Figure 20. North America Procurement Outsourcing Market Share by Application (2020-2025)
Figure 21. Europe Procurement Outsourcing Market Share by Type (2020-2025)
Figure 22. Europe Procurement Outsourcing Market Share by Application (2020-2025)
Figure 23. China Procurement Outsourcing Market Share by Type (2020-2025)
Figure 24. China Procurement Outsourcing Market Share by Application (2020-2025)
Figure 25. India Procurement Outsourcing Market Share by Type (2020-2025)
Figure 26. India Procurement Outsourcing Market Share by Application (2020-2025)
Figure 27. IBM Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 28. Accenture Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 29. GEP Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 30. Infosys Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 31. Capgemini Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 32. Genpact Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 33. TCS Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 34. Xchanging Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 35. WNS Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)
Figure 36. Bottom-up and Top-down Approaches for This Report
Figure 37. Data Triangulation
Figure 38. Key Executives Interviewed

Our Clients