Procurement Outsourcing Market, By Service Type, By End User, By Organization Size, By Geography

Description

Procurement Outsourcing Market is estimated to be valued at USD 6.42 Bn in 2025 and is expected to reach USD 13.93 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 11.7% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 6.42 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	11.70%	2032 Value Projection:	USD 13.93 Bn

Procurement outsourcing is the process of assigning procurement-related tasks to a third-party service provider. This can involve shifting all procurement-related responsibilities or just a few of these. The main goal of outsourcing procurement is to reduce costs and free up resources within a company for other purposes. Purchasing experts have access to a larger supplier database than a business does. These people can also use their market power to negotiate better deals on customer's behalf. This allows businesses to get the best price on all the materials and services customers need. Another benefit of outsourcing procurement is that it lets consumer focus on their core competencies. There are two types of procurement: direct and indirect. Direct procurement includes the purchase of raw materials and tools for a company's core activities. Outsourcing procurement activities allows companies to focus on their core competencies while leveraging the expertise of specialized third-party providers

Market Dynamics

Rising inclination of industrial sector toward procurement outsourcing services is expected to drive growth of the global procurement outsourcing market during the forecast period. This is mainly to reduce the cost of purchasing raw materials and other inputs. This will also lead to the increased efficiency of the supply chain network, thereby, enabling companies to provide products and services at competitive prices. Rising need for managing and storing raw materials is creating growth opportunities in the market. On the upside, rising adoption of managed procurement services (MPS) and spend analytics presents significant growth opportunities for market players.

However, lack of skilled professionals and security concerns are likely to hinder growth of the global procurement outsourcing market over the forecast period.

Key features of the study

This report provides in-depth analysis of the global procurement outsourcing market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global procurement outsourcing market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Accenture Plc., IBM Corporation, GEP Worldwide, Infosys Limited, Capgemini SE, Genpact Ltd., WNS (Holdings) Limited, HCL Technologies Ltd., Wipro Limited, Tata Consultancy Services Limited, Xchanging Solutions Limited, Corbus, LLC, Proxima Group, Aquanima, and CA Technologies (Broadcom Inc.)
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global procurement outsourcing market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global procurement outsourcing market

Market Segmentation

By Service Type
- Business Process Outsourcing Services
- Consulting Services
By End User
- Manufacturing
- Retail and Consumer Goods
- Healthcare
- IT and Telecom
- BFSI (Banking, Financial Services, and Insurance)
- Energy and Utilities
- Transportation and Logistics
- Others
By Organization Size
- Small and Medium-sized Enterprises (SMEs)
- Large Enterprises
By Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Company Profile
- Accenture Plc.
- IBM Corporation
- GEP Worldwide
- Infosys Limited
- Capgemini SE
- Genpact Ltd.
- WNS (Holdings) Limited
- HCL Technologies Ltd.
- WiprLimited
- Tata Consultancy Services Limited
- Xchanging Solutions Limited
- Corbus, LLC
- Proxima Group
- Aquanima
- CA Technologies (Broadcom Inc.)

Product Code: CMI5889

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Service Type
- Market Snippet, By Organization Size
- Market Snippet, By End User
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
  - Rising inclination of industrial sector toward procurement outsourcing services
  - Growing focus on cost reduction
- Restraints
  - Lack of skilled professionals
  - Security concerns
- Opportunities
  - Rising need for managing and storing raw materials
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Global Procurement Outsourcing Market, By Service Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021 - 2032
- Segment Trends
Business Process Outsourcing Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Consulting Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

5. Global Procurement Outsourcing Market, By End User, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021- 2032
- Segment Trends
Manufacturing
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Retail and Consumer Goods
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
IT and Telecom
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
BFSI (Banking, Financial Services, and Insurance)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Energy and Utilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Transportation and Logistics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

6. Global Procurement Outsourcing Market, By Organization Size, 2020-2032,(US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021- 2032
- Segment Trends
Small and Medium-sized Enterprises (SMEs)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)
Large Enterprises
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020-2032, (US$ Bn)

7. Global Procurement Outsourcing Market, By Region, 2020-2032,(US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, For Region, 2021-2032
- Country Trends
North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032(%)
  - U.S.
  - Canada
Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032(%)
  - Germany
  - U.K.
  - France
  - Italy
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032(%)
  - China
  - India
  - Japan
  - Australia
  - South Korea
  - ASEAN
  - Rest Of Asia Pacific
Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032(%)
  - Brazil
  - Mexico
  - Rest Of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Service Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Organization Size, 2020-2032, (US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2020-2032, (US$ Bn)
- Market Share Analysis, By Country, 2020 and 2032 (%)
  - South Africa
  - GCC Countries
  - Rest of the Middle East and Africa

8. Competitive Landscape

Accenture Plc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
IBM Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
GEP Worldwide
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Infosys Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Capgemini SE
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Genpact Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
WNS (Holdings) Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
HCL Technologies Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Wipro Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Tata Consultancy Services Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Xchanging Solutions Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Corbus, LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Proxima Group
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Aquanima
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
CA Technologies (Broadcom Inc.)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
Analyst Views

9. Section

Research Methodology
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