Procurement Outsourcing Market Size

ID: MRFR/ICT/6123-HCR

100 Pages

Aarti Dhapte

September 2025

Procurement Outsourcing Market Research Report Information By Component Solution (Solution, Service), By Deployment (On-Premise, Cloud), By Organization Size (Small and Medium-sized Enterprises (SMEs), Large Enterprises) By Vertical (Banking Financial Services and Insurance (BFSI), Healthcare, IT & Telecommunication) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World)...

Procurement Outsourcing Market Infographic

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Procurement Outsourcing Size

Procurement Outsourcing Market Growth Projections and Opportunities

Within the dynamic landscape of the Procurement Outsourcing Market, companies employ various market share positioning strategies to carve out a niche and thrive in this competitive sector. As businesses increasingly seek to optimize their procurement processes, strategic planning becomes essential for companies offering outsourcing solutions. A prevalent strategy in the Procurement Outsourcing Market involves differentiation through service offerings. With numerous players in the market, companies strive to stand out by providing a unique set of procurement services. This could include expertise in strategic sourcing, category management, supplier relationship management, or the integration of advanced technologies like artificial intelligence and data analytics to enhance procurement efficiency. By offering specialized and comprehensive services, companies can attract clients looking for tailored solutions to meet their specific procurement needs. Cost leadership is another key strategy embraced by companies in the Procurement Outsourcing Market. Given the cost-conscious nature of procurement decisions, offering competitive pricing for outsourcing services is crucial for market share expansion. Companies focus on streamlining their processes, leveraging economies of scale, and negotiating favorable terms with suppliers to provide cost-effective outsourcing solutions. This not only appeals to clients looking to reduce procurement costs but also allows companies to reach a wider customer base by offering affordable yet high-quality services. Strategic partnerships and collaborations play a pivotal role in market positioning within the Procurement Outsourcing Market. Recognizing the interconnected nature of supply chain management, companies often form alliances with logistics providers, technology vendors, and industry-specific partners. Collaborative efforts enhance the overall value proposition of procurement outsourcing services by providing clients with end-to-end solutions. These partnerships not only expand the market reach but also enable companies to offer integrated services that go beyond traditional procurement outsourcing. Market segmentation is a tailored strategy frequently employed in the Procurement Outsourcing Market. Recognizing the diverse needs of industries such as manufacturing, healthcare, and retail, companies customize their outsourcing services to address specific verticals. This focused approach allows companies to cater to the unique requirements of each sector effectively. By understanding and meeting the distinct demands of different industries, companies can position themselves as specialists in particular niches, capturing market share within those targeted segments. Technological adaptation is fundamental to maintaining a competitive edge in the dynamic Procurement Outsourcing Market. The industry experiences rapid advancements in procurement technologies, including e-procurement platforms, automation, and data analytics. Companies that stay ahead of these technological shifts and incorporate the latest tools and capabilities into their outsourcing services are better positioned to meet the evolving needs of their clients. This adaptability ensures that procurement outsourcing remains relevant and competitive in a landscape where digital transformation is increasingly integral to business processes.

Procurement Outsourcing Market Size Graph

1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

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Market Summary

As per Market Research Future Analysis, the Procurement Outsourcing Market is projected to grow from USD 3.75 Billion in 2024 to USD 10.47 Billion by 2032, with a CAGR of 13.70% during the forecast period. The market was valued at USD 3.30 Billion in 2023, driven by the need for efficiency and effectiveness across various sectors such as energy, healthcare, and life sciences. Technological advancements, including AI and machine learning, are enhancing scalability and reducing costs, while the demand for simplified procurement processes is also contributing to growth. However, outsourcing risks and management challenges remain obstacles.

Key Market Trends & Highlights

Key trends driving the Procurement Outsourcing Market include technological advancements and sector-specific demands.

Market size in 2023: USD 3.30 Billion.
Projected market size by 2032: USD 10.47 Billion.
CAGR from 2024 to 2032: 13.70%.
Dominant segment: Cloud-based solutions due to scalability and cost-effectiveness.

Procurement Outsourcing Market

CAGR

13.70%.

Market Size & Forecast

2023 Market Size	USD 3.30 Billion
2024 Market Size	USD 3.75 Billion
2032 Market Size	USD 10.47 Billion
CAGR	13.70%.

Major Players

Key players include Accenture (Ireland), GEP (US), IBM Corporation (US), Tata Consultancy Services (India), Infosys Limited (India), and Capgemini (France).

Market Trends

Technological advancements are driving the market growth

During the projection period, adoption of cutting-edge technology to streamline corporate processes will fuel market expansion for procurement outsourcing. Companies are eager to implement these technologies to increase their scalability and flexibility and lower overall operating costs. With the aid of software as a service, businesses are outsourcing their business operations to a third-party company so they can concentrate on their core capabilities. Additionally, commercial operations are becoming automated thanks to artificial intelligence and machine learning. This factor drives the market CAGR.

Additionally, the growth of the procurement outsourcing market is driven by several factors, including the need to adopt new IT solutions aligned with consumer trends, the demand for simplified procurement processes by enterprises, and the management of compliance policies and agreements. However, outsourcing risks and management difficulties pose obstacles to market growth. On the other hand, technological advancements, increased demand from the manufacturing sectors, and the adoption of AI and big data technologies present promising opportunities for market growth in the forecast period. Thus, driving the Procurement Outsourcing market revenue.

The ongoing evolution of the Global Procurement Outsourcing Market suggests a growing reliance on strategic partnerships to enhance operational efficiency and drive innovation across industries.

U.S. Department of Commerce

Procurement Outsourcing Market Market Drivers

Cost Efficiency

The Global Procurement Outsourcing Market Industry is driven by the need for cost efficiency among organizations. By outsourcing procurement functions, companies can reduce operational costs significantly. For instance, businesses can save up to 30 percent on procurement expenses by leveraging the expertise of specialized outsourcing firms. This trend is particularly evident in sectors such as manufacturing and retail, where cost control is paramount. As the market is projected to reach 3.75 USD Billion in 2024, the emphasis on cost reduction is likely to propel further investments in procurement outsourcing.

Regulatory Compliance

Regulatory compliance is a critical driver of the Global Procurement Outsourcing Market Industry. Organizations face increasing pressure to adhere to various regulations and standards, which can complicate procurement processes. By outsourcing these functions, companies can leverage the expertise of specialized firms that are well-versed in compliance requirements. This approach not only mitigates risks associated with non-compliance but also streamlines procurement operations. As regulatory landscapes evolve, the demand for procurement outsourcing is expected to rise, further contributing to the market's growth trajectory.

Market Growth Projections

The Global Procurement Outsourcing Market Industry is projected to experience substantial growth in the coming years. With an anticipated market size of 3.75 USD Billion in 2024, the industry is expected to expand significantly, reaching 15.4 USD Billion by 2035. This growth represents a remarkable CAGR of 13.7 percent from 2025 to 2035. Such projections indicate a robust demand for procurement outsourcing services as organizations increasingly seek to enhance efficiency, reduce costs, and navigate complex supply chains. The market's trajectory suggests a promising future for procurement outsourcing as a strategic business function.

Focus on Core Competencies

Organizations increasingly recognize the importance of focusing on core competencies, which drives the Global Procurement Outsourcing Market Industry. By outsourcing procurement activities, companies can concentrate on their primary business functions, enhancing overall productivity. This shift allows firms to allocate resources more effectively, leading to improved performance and innovation. For example, technology firms often outsource procurement to streamline operations and enhance their competitive edge. As the market evolves, this trend is expected to contribute to a projected growth to 15.4 USD Billion by 2035, indicating a sustained interest in outsourcing.

Technological Advancements

Technological advancements play a crucial role in shaping the Global Procurement Outsourcing Market Industry. The integration of artificial intelligence, machine learning, and data analytics into procurement processes enhances efficiency and decision-making. These technologies enable organizations to analyze supplier performance, optimize inventory management, and predict market trends more accurately. As firms adopt these innovations, they are likely to experience increased agility and responsiveness in their procurement strategies. The growing reliance on technology is expected to support the market's expansion, with a projected CAGR of 13.7 percent from 2025 to 2035.

Globalization of Supply Chains

The globalization of supply chains significantly influences the Global Procurement Outsourcing Market Industry. As businesses expand their operations internationally, they encounter complex procurement challenges that require specialized knowledge and resources. Outsourcing procurement functions allows companies to navigate these complexities more effectively, ensuring compliance with local regulations and optimizing supplier relationships. For instance, multinational corporations often rely on procurement outsourcing to manage diverse supplier bases across different regions. This trend is likely to continue driving market growth, as organizations seek to enhance their global procurement capabilities.

Market Segment Insights

Procurement Outsourcing Component Solution Insights

The Procurement Outsourcing market segmentation, based on component solutions, includes solutions and services. The solution segment dominated the market because organizations are increasingly outsourcing their procurement activities to specialized service providers to optimize costs, improve efficiency, and enhance their focus on core business operations. Procurement solutions offer comprehensive tools and technologies to streamline procurement processes, manage supplier relationships, ensure compliance, and achieve strategic sourcing objectives.

Figure 2: Procurement Outsourcing Market, by Component Solution, 2023 & 2032 (USD billion)

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Procurement Outsourcing Deployment Insights

Based on Deployment, the Procurement Outsourcing market segmentation includes on-premise and Cloud. The dominance of the cloud segment in the procurement outsourcing market can be attributed to its inherent benefits, such as scalability, flexibility, cost-effectiveness, and ease of implementation. Cloud-based solutions enable organizations to access procurement services and data seamlessly, anytime and anywhere, using any device, providing convenience and accessibility.

Procurement Outsourcing Organization Size Insights

Based on organization size, the Procurement Outsourcing market segmentation includes small and medium-sized enterprises (SMEs) and large enterprises. The large enterprise segment dominated the market because large enterprises typically have more complex procurement needs, higher transaction volumes, and larger budgets, making outsourcing a more viable option for them. Large enterprises often have diverse supplier networks, operations, and the need for specialized procurement expertise.

Procurement Outsourcing Vertical Insights

Based on Vertical, the Procurement Outsourcing market segmentation includes banking, financial services and insurance (BFSI), healthcare, IT & Telecommunication. The dominance of the banking, financial services, and insurance (BFSI) segment in the procurement outsourcing market is driven by its complex procurement requirements, such as regulatory compliance, risk management, and cost optimization. The BFSI industry relies on robust procurement solutions to address these specific needs.

Get more detailed insights about Procurement Outsourcing Market Research Report – Global Forecast till 2032

Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American procurement outsourcing market will dominate due to the increased need to drive efficiency and effectiveness and will boost the market growth in this Region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: PROCUREMENT OUTSOURCING MARKET SHARE BY REGION 2023 (%)

PROCUREMENT OUTSOURCING MARKET SHARE BY REGION

Source: Secondary Research, Primary Research, Market Research Future Database, and Analyst Review

Europe's Procurement Outsourcing market accounts for the second-largest market share because procurement outsourcing is witnessing growth across various verticals, including energy and utilities, healthcare, and life sciences. The increased adoption of procurement outsourcing services in these industries contributes to market expansion. Further, the German Procurement Outsourcing market held the largest market share, and the UK Procurement Outsourcing market was the fastest-growing market in the European Region.

The Asia-Pacific Procurement Outsourcing Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to adoption in the manufacturing vertical. The verticals include retail and consumer goods, manufacturing, IT, and telecommunications. Moreover, China’s Procurement Outsourcing market held the largest market share, and the Indian Procurement Outsourcing market was the fastest-growing market in the Asia-Pacific region.

Key Players and Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Procurement Outsourcing market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Procurement Outsourcing industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Procurement Outsourcing industry to benefit clients and increase the market sector. In recent years, the Procurement Outsourcing industry has offered some of the most significant advantages to medicine.

Major players in the Procurement Outsourcing market, including Accenture (Ireland), GEP (US), e-Business International Inc. (US), IBM Corporation (US), Tata Consultancy Services (India), Infosys Limited (India), Capgemini (France) Genpact (US) Wipro Limited (India) WNS (Holdings) Ltd. (India) Corbus LLC (US) HCL Technologies Limited (India)., and others, are attempting to increase market demand by investing in research and development operations.

Robert Atkins formed Atkins Nutritionals, Inc. to promote the Atkins diet's low-carbohydrate packaged meals. It is now a subsidiary of The Simply Good Foods Company. Low-carbohydrate bars shakes, and snacks are available from the company. Atkins Nutritionals, Inc. was formed in 1989 as Complementary Formulations. In 1998, the company was renamed Atkins Nutritionals. It was created to enhance the Atkins diet. Atkins created the plan after reading a research paper in the Journal of the American Medical Association. Alfred W. Pennington published the paper "Weight Reduction" in 1958. Atkins used the study's findings to help him overcome his obesity.

In May 2019,A partnership agreement between Atkins and CHEF'D was signed. Our collaboration sought to create a low-carb meal solution for consumers concerned about their health and lifestyle.

Brunswick Corporation is an American company with a diverse portfolio of products. With over 13,000 employees in 24 countries, Brunswick is involved in inventing, manufacturing, and distributing various products, including boating brands like Sea Ray, Boston Whaler, and Mercury Marine. In June 2019, Brunswick partnered with VIR Zoom to launch the VIR Zoom solution, aiming to enhance the virtual reality experience of Life Fitness' se3 explore bikes. This collaboration has the potential to revolutionize the fitness industry.

Infosys Limited, an Indian multinational IT company, offers business consulting, IT, and outsourcing services. Founded in Pune and headquartered in Bangalore, Infosys recently announced its acquisition of BASE life science in Europe. This strategic move aims to unlock the business potential of life sciences companies by accelerating clinical trials, enhancing drug development, leveraging cloud-first digital platforms and data, and ultimately improving health outcomes.

Key Companies in the Procurement Outsourcing Market market include

Industry Developments

Q2 2024: Accenture acquires UK-based procurement consultancy Xoomworks Accenture announced the acquisition of Xoomworks, a UK-based procurement consultancy, to strengthen its procurement outsourcing and digital procurement capabilities in Europe.
Q1 2024: WNS Acquires The Smart Cube and OptiBuy to Expand Procurement Outsourcing Portfolio WNS announced the acquisition of The Smart Cube and OptiBuy, enhancing its procurement outsourcing and analytics offerings for global clients.
Q2 2024: Genpact Appoints New Global Head of Procurement Outsourcing Genpact named a new Global Head of Procurement Outsourcing to drive growth and innovation in its procurement services business.
Q2 2024: Infosys and Coupa Announce Strategic Partnership to Transform Procurement Outsourcing Infosys and Coupa entered a strategic partnership to deliver digital procurement outsourcing solutions, combining Infosys' process expertise with Coupa's technology platform.
Q3 2024: Capgemini wins multi-year procurement outsourcing contract with European energy major Capgemini secured a multi-year procurement outsourcing contract with a leading European energy company, expanding its presence in the energy sector.
Q2 2024: IBM launches new AI-powered procurement outsourcing platform IBM unveiled a new AI-powered procurement outsourcing platform designed to automate sourcing, supplier management, and contract compliance for enterprise clients.
Q1 2024: Tata Consultancy Services Expands Procurement Outsourcing Operations in Poland Tata Consultancy Services (TCS) announced the opening of a new procurement outsourcing delivery center in Poland to serve European clients.
Q2 2024: HCLTech and SAP Announce Joint Procurement Outsourcing Solution HCLTech and SAP launched a joint procurement outsourcing solution, integrating SAP's procurement software with HCLTech's managed services.
Q3 2024: GEP Wins Procurement Outsourcing Contract with Global Consumer Goods Company GEP secured a procurement outsourcing contract with a major global consumer goods company to manage sourcing and supplier relationships.
Q2 2024: Cognizant Appoints New Head of Procurement Outsourcing Services Cognizant announced the appointment of a new executive to lead its procurement outsourcing services division.
Q1 2025: Accenture launches cloud-based procurement outsourcing platform for mid-market clients Accenture introduced a new cloud-based procurement outsourcing platform aimed at mid-market enterprises, offering scalable sourcing and spend management solutions.
Q2 2025: Wipro secures procurement outsourcing deal with US healthcare provider Wipro signed a procurement outsourcing agreement with a major US healthcare provider, expanding its footprint in the healthcare sector.

Future Outlook

Procurement Outsourcing Market Future Outlook

The Procurement Outsourcing Market is projected to grow at a 13.7% CAGR from 2024 to 2035, driven by digital transformation, cost optimization, and strategic supplier partnerships.

New opportunities lie in:

Leverage AI-driven analytics to enhance procurement decision-making processes.
Develop sustainable sourcing strategies to meet increasing regulatory demands.
Expand service offerings to include end-to-end supply chain management solutions.

By 2035, the Procurement Outsourcing Market is expected to be robust, reflecting significant advancements and strategic innovations.

Market Segmentation

Procurement Outsourcing Regional Outlook

US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East
Africa

Procurement Outsourcing By Vertical Outlook

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Procurement Outsourcing By Deployment Outlook

On-Premise
Cloud

Procurement Outsourcing By Organization Size Outlook

Small and medium-sized enterprises (SMEs)
Large enterprises

Procurement Outsourcing By Component Solution Outlook

Solution
Service

Report Scope

Report Attribute/Metric	Details
Market Size 2023	USD 3.30 billion
Market Size 2024	USD 3.75 billion
Market Size 2032	USD 10.47 billion
Compound Annual Growth Rate (CAGR)	13.70%(2024-2032)
Base Year	2023
Market Forecast Period	2024-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Component Solution, Deployment, Organization Size, and Region
Geographies Covered	North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered	The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Accenture (Ireland) GEP (US) e-Business International Inc. (US) IBM Corporation (US) Tata Consultancy Services (India) Infosys Limited (India) Capgemini (France) Genpact (US) Wipro Limited (India) WNS (Holdings) Ltd. (India) Corbus LLC (US) HCL Technologies Limited (India).
Key Market Opportunities	The increasing adoption of procurement outsourcing services across verticals such as energy and utilities, healthcare, and life sciences
Key Market Dynamics	Increased need to drive efficiency and effectiveness

Market Highlights

Author

Aarti Dhapte

Team Lead - Research

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

How much is the Procurement Outsourcing market?

The Procurement Outsourcing market size was valued at USD 3.30 Billion in 2023.

What is the growth rate of the Procurement Outsourcing market?

The market is projected to grow at a CAGR of 13.70% during the forecast period, 2023-2032.

Which RegionRegion held the largest market share in the Procurement Outsourcing market?

North America had the largest share of the market

Who are the key players in the Procurement Outsourcing market?

The key players in the market are Accenture (Ireland), GEP (US), e-Business International Inc. (US), IBM Corporation (US), Tata Consultancy Services (India), Infosys Limited (India), Capgemini (France), Genpact (US) Wipro Limited (India) WNS (Holdings) Ltd.

Which Component Solution led the Procurement Outsourcing market?

The Solution Procurement Outsourcing category dominated the market in 2022.

Which Deployment had the largest market share in the Procurement Outsourcing market?

The Cloud had the largest share of the market.

1 Executive Summary
1. Market Attractiveness Analysis
  1. Global Procurement
Outsourcing Market, by Component
1. Global Procurement
Outsourcing Market, by Deployment
1. Global Procurement
Outsourcing Market, by Organization Size
1. Global Procurement
Outsourcing Market, by Vertical
1. Procurement Outsourcing Market, by Region
2 Scope of the Report
1. Market Definition
2. Scope of the Study
3. Market Structure
4. Key Buying Criteria
Macro Factor Indicator Analysis
3 Market Research Methodology
1. Research Process
2. Primary Research
3. Secondary Research
4. Market Size Estimation
5. Forecast Model
6. List of Assumptions 4 Market Insights 5
Industry Overview of the Global Procurement Outsourcing Market
1. Introduction
2. Drivers
  1. Need to drive efficiencies
and effectiveness in the supply chain
1. Need to adhere to regulatory guidelines and ensure compliance
  1. Leverage external sourcing expertise and technology
  2. Drivers Impact Analysis
2. Restraints
  1. Data Privacy and Integrity
  2. Restraints Impact Analysis
3. Opportunities
  1. Adoption of AI and Big Data Technologies
Increasing Acceptance across Verticals
6 Market Factor Analysis
1. Porter’s Five Forces Analysis
Threat of New Entrants
1. Bargaining Power of Suppliers
  1. Bargaining Power of Buyers
  2. Threat of Substitutes
  3. Segment Rivalry
Value Chain/Supply Chain of the Global Procurement Outsourcing Market
1. Introduction
2. Solutions
  1. Market
Estimates & Forecast, 2020–2027
1. Market Estimates & Forecast, by Region, 2020–2027
2. Services
  1. Market
Estimates & Forecast, 2020–2027
1. Market Estimates & Forecast, by Region, 2020–2027
2. Introduction
3. On-Premise
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Region, 2020–2027
4. Cloud
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Region, 2020–2027
Procurement Outsourcing Market, by Organization Size
1. Introduction
2. Large Enterprises
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Region, 2020–2027
3. Small and Medium-Sized Enterprises
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Region, 2020–2027
4. Introduction
5. BFSI
Market Estimates & Forecast, 2020–2027
1. Market Estimates
Forecast, by Region, 2020–2027
1. Healthcare
Market Estimates & Forecast, 2020–2027
1. Market Estimates
Forecast, by Region, 2020–2027
1. IT & Telecommunication
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates
& Forecast, by Region, 2020–2027
1. Retail
Consumer Products and Goods
1. Market Estimates & Forecast, 2020–2027
  1. Market Estimates & Forecast, by Region, 2020–2027
2. Manufacturing
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Region, 2020–2027
3. Others
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Region, 2020–2027
Global Procurement Outsourcing Market, by Region
1. Introduction
2. North America
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Component, 2020–2027
  3. Market Estimates & Forecast, by Deployment Mode, 2020–2027
  4. Market Estimates & Forecast, by Organization Size, 2020–2027
  5. Market Estimates & Forecast, by Vertical, 2020–2027
  6. US
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
1. Canada
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Component, 2020–2027
1. Market
Estimates & Forecast, by Deployment Mode, 2020–2027
1. Market
Estimates & Forecast, by Organization Size, 2020–2027
1. Market
Estimates & Forecast, by Vertical, 2020–2027
1. Mexico
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. Europe
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates
& Forecast, by Component, 2020–2027
1. Market Estimates
Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
Forecast, by Organization Size, 2020–2027
1. Market Estimates
Forecast, by Vertical, 2020–2027
1. Germany
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. France
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. UK
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. Rest of Europe
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Component, 2020–2027
1. Market
Estimates & Forecast, by Deployment Mode, 2020–2027
1. Market
Estimates & Forecast, by Organization Size, 2020–2027
1. Market
Estimates & Forecast, by Vertical, 2020–2027
1. Asia-Pacific
  1. Market Estimates & Forecast, 2020–2027
  2. Market Estimates & Forecast, by Component, 2020–2027
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
1. China
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Component, 2020–2027
1. Market
Estimates & Forecast, by Deployment Mode, 2020–2027
1. Market
Estimates & Forecast, by Organization Size, 2020–2027
1. Market
Estimates & Forecast, by Vertical, 2020–2027
1. India
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. Japan
  1. Market Estimates & Forecast, 2020–2027
Estimates & Forecast, by Component, 2020–2027
1. Market Estimates
& Forecast, by Deployment Mode, 2020–2027
1. Market Estimates
& Forecast, by Organization Size, 2020–2027
1. Market Estimates
& Forecast, by Vertical, 2020–2027
1. Rest of Asia-Pacific
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
Rest of the World
1. Market Estimates & Forecast, 2020–2027
  1. Market Estimates & Forecast, by Component, 2020–2027
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
Middle East & Africa
1. Market Estimates & Forecast, 2020–2027
  1. Market Estimates & Forecast, by Component, 2020–2027
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
1. South America
  1. Market Estimates & Forecast, 2020–2027
Market Estimates & Forecast, by Deployment Mode, 2020–2027
Market Estimates & Forecast, by Organization Size, 2020–2027
Market Estimates & Forecast, by Vertical, 2020–2027
1. Competitive Overview
2. Competitor Dashboard
3. Major Growth Strategies in
the Global Procurement Outsourcing Market
1. Competitive Benchmarking
2. Market Share Analysis
XXXX: The leading player in terms of number of developments in the Global Procurement Outsourcing Market
1. Key Developments & Growth Strategies
  1. Product Launches/Service Deployment
  2. Mergers & Acquisitions
  3. Joint Ventures
  4. Business Expansion
2. Accenture
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
3. GEP
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
4. e-Business International Inc.
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
5. IBM Corporation
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
Tata Consultancy Services Limited
1. Company Overview
  1. Product/Business Segment Overview
  2. Financial Updates
  3. Key Developments
Infosys Limited
1. Company Overview
  1. Product/Business Segment Overview
  2. Financial Updates
  3. Key Developments
2. Capgemini
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
3. Genpact
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
4. Wipro Limited
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
5. WNS (Holdings) Ltd.
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
6. Corbus, LLC.
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
7. HCL Technologies Limited
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
8. Aquanima S.A.
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
9. Aegis
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
10. Outsourcing Procurement Ltd
  1. Company Overview
  2. Product/Business Segment Overview
  3. Financial Updates
  4. Key Developments
14 Conclusion LIST OF TABLES
by Region, 2020–2027
Procurement Outsourcing Market, by Country, 2020–2027
3 Europe: Procurement Outsourcing Market, by Country, 2020–2027
by Country, 2020–2027
Africa: Procurement Outsourcing Market, by Country, 2020–2027
6 South America: Procurement Outsourcing Market, by Country, 2020–2027
by Region, 2020–2027
Procurement Outsourcing Type Market, by Country, 2020–2027
9 Europe: Procurement Outsourcing Type Market, by Country, 2020–2027
Market, by Country, 2020–2027
East & Africa: Procurement Outsourcing Type Market, by Country, 2020–2027
Market, by Country, 2020–2027
Procurement Outsourcing Deployment Mode Market, by Region, 2020–2027
Market, by Country, 2020–2027
Procurement Outsourcing Deployment Mode Market, by Country, 2020–2027
Market, by Country, 2020–2027
East & Africa: Procurement Outsourcing Deployment Mode Market, by Country, 2020–2027
Mode Market, by Country, 2020–2027
Procurement Outsourcing Vertical Market, by Region, 2020–2027
North America: Procurement Outsourcing Vertical Market, by Country, 2020–2027
by Country, 2020–2027
Procurement Outsourcing Vertical Market, by Country, 2020–2027
Middle East & Africa: Procurement Outsourcing Vertical Market, by Country, 2020–2027
Outsourcing Vertical Market, by Country, 2020–2027
Global Type Market, by Region, 2020–2027
Global Deployment Mode Market, by Region, 2020–2027
Global Vertical Market, by Region, 2020–2027
North America: Procurement Outsourcing Market, by Country
North America: Procurement Outsourcing Market, by Type
North America: Procurement Outsourcing Market, by Deployment Mode
North America: Procurement Outsourcing Market, by Vertical
Europe: Procurement Outsourcing Market, by Deployment Mode
Europe: Procurement Outsourcing Market, by Vertical
Asia-Pacific: Procurement Outsourcing Market, by Country
Asia-Pacific: Procurement Outsourcing Market, by Type
Asia-Pacific: Procurement Outsourcing Market, by Deployment Mode
Outsourcing Market, by Type
Procurement Outsourcing Market, by Deployment Mode
East & Africa: Procurement Outsourcing Market, by Vertical
South America: Procurement Outsourcing Market, by Country
South America: Procurement Outsourcing Market, by Type
South America: Procurement Outsourcing Market, by Deployment Mode
of the Global Procurement Outsourcing Market
the Global Procurement Outsourcing Market
Procurement Outsourcing Market, by Country, 2020 (in %) Outsourcing Market, 2020–2027
of the Global Procurement Outsourcing Market, by Type, 2020–2027

Procurement Outsourcing Market Segmentation

Procurement Outsourcing Component Solution Outlook (USD Billion, 2018-2032)

Solution
Service

Procurement Outsourcing Deployment Outlook (USD Billion, 2018-2032)

On-Premise
Cloud

Procurement Outsourcing Organization Size Outlook (USD Billion, 2018-2032)

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Procurement Outsourcing Vertical Outlook (USD Billion, 2018-2032)

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Procurement Outsourcing Regional Outlook (USD Billion, 2018-2032)

North AmericaOutlook (USD Billion, 2018-2032)
- North America Procurement Outsourcing by Component Solution
  - Solution
  - Service
- North America Procurement Outsourcing by Deployment
  - On-Premise
  - Cloud
- North America Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

North America Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

US Outlook (USD Billion, 2018-2032)
US Procurement Outsourcing by Component Solution
- Solution
- Service
US Procurement Outsourcing by Deployment
- On-Premise
- Cloud
US Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

US Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

CANADA Outlook (USD Billion, 2018-2032)
CANADA Procurement Outsourcing by Component Solution
- Solution
- Service
CANADA Procurement Outsourcing by Deployment
- On-Premise
- Cloud
CANADA Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

CANADA Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Europe Outlook (USD Billion, 2018-2032)
- Europe Procurement Outsourcing by Component Solution
  - Solution
  - Service
- Europe Procurement Outsourcing by Deployment
  - On-Premise
  - Cloud
- Europe Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Europe Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
On-Premise
IT & Telecommunication

Germany Outlook (USD Billion, 2018-2032)
Germany Procurement Outsourcing by Component Solution
- Solution
- Service
Germany Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Germany Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Germany Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

France Outlook (USD Billion, 2018-2032)
France Procurement Outsourcing by Component Solution
- Solution
- Service
France Procurement Outsourcing by Deployment
- On-Premise
- Cloud
France Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

France Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

UK Outlook (USD Billion, 2018-2032)
UK Procurement Outsourcing by Component Solution
- Solution
- Service
UK Procurement Outsourcing by Deployment
- On-Premise
- Cloud
UK Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

UK Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

ITALY Outlook (USD Billion, 2018-2032)
ITALY Procurement Outsourcing by Component Solution
- Solution
- Service
ITALY Procurement Outsourcing by Deployment
- On-Premise
- Cloud
ITALY Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

ITALY Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

SPAIN Outlook (USD Billion, 2018-2032)
Spain Procurement Outsourcing by Component Solution
- Solution
- Service
Spain Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Spain Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Spain Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Rest Of Europe Outlook (USD Billion, 2018-2032)

Rest Of Europe Procurement Outsourcing by Component Solution
- Solution
- Service
REST OF EUROPE Procurement Outsourcing by Deployment
- On-Premise
- Cloud
REST OF EUROPE Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

REST OF EUROPE Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Asia-Pacific Outlook (USD Billion, 2018-2032)
- Asia-Pacific Procurement Outsourcing by Component Solution
  - Solution
  - Small and medium-sized enterprises (SMEs)
- Asia-Pacific Procurement Outsourcing by Deployment
  - On-Premise
  - Cloud
- Asia-Pacific Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Asia-Pacific Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
On-Premise
IT & Telecommunication

China Outlook (USD Billion, 2018-2032)
China Procurement Outsourcing by Component Solution
- Solution
- Service
China Procurement Outsourcing by Deployment
- On-Premise
- Cloud
China Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

China Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Japan Outlook (USD Billion, 2018-2032)
Japan Procurement Outsourcing by Component Solution
- Solution
- Service
Japan Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Japan Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Japan Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

India Outlook (USD Billion, 2018-2032)
India Procurement Outsourcing by Component Solution
- Solution
- Service
India Procurement Outsourcing by Deployment
- On-Premise
- Cloud
India Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

India Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Australia Outlook (USD Billion, 2018-2032)
Australia Procurement Outsourcing by Component Solution
- Solution
- Service
Australia Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Australia Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Australia Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Rest of Asia-Pacific Outlook (USD Billion, 2018-2032)

Rest of Asia-Pacific Procurement Outsourcing by Component Solution
- Solution
- Service
Rest of Asia-Pacific Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Rest of Asia-Pacific Procurement Outsourcing by Organization Size

Small and medium-sized enterprises (SMEs)
Large enterprises

Rest of Asia-Pacific Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Rest of the World Outlook (USD Billion, 2018-2032)
- Rest of the World Procurement Outsourcing by Component Solution
  - Solution
  - Service
- Rest of the World Procurement Outsourcing by Deployment
  - On-Premise
  - Cloud
- Rest of the World Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Rest of the World Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Middle East Outlook (USD Billion, 2018-2032)
Middle East Procurement Outsourcing by Component Solution
- Solution
- Service
Middle East Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Middle East Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Middle East Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
On-Premise
IT & Telecommunication

Africa Outlook (USD Billion, 2018-2032)
Africa Procurement Outsourcing by Component Solution
- Solution
- Service
Africa Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Africa Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Africa Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

Latin America Outlook (USD Billion, 2018-2032)
Latin America Procurement Outsourcing by Component Solution
- Solution
- Service
Latin America Procurement Outsourcing by Deployment
- On-Premise
- Cloud
Latin Procurement Outsourcing by Organization Size

Small and Medium-Sized Enterprises (SMES)
Large Enterprises

Latin Procurement Outsourcing by Vertical

Banking Financial Services and Insurance (BFSI)
Healthcare
IT & Telecommunication

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Chemicals and Materials

Global Magnesium Sulfate Market – Forecast till 2027