Need help finding what you are looking for?
Contact Us
PUBLISHER: IMARC | PRODUCT CODE: 1819949
PUBLISHER: IMARC | PRODUCT CODE: 1819949
Retail Sourcing and Procurement Market Report by Solution, Service, Deployment, End Use (Small and Medium Enterprise, Large Enterprise), and Region 2025-2033
PUBLISHED:
PAGES: 142 Pages
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
The global retail sourcing and procurement market size reached USD 5.7 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 13.9 Billion by 2033, exhibiting a growth rate (CAGR) of 10.46% during 2025-2033.
Retail sourcing and procurement refers to the services used by organizations for evaluating and engaging the suppliers for acquiring goods and services. It involves processes such as insourcing, outsourcing and global and strategic sourcing through automated, mobile and cloud technologies. The retail sourcing and procurement solutions also facilitate supplier and contract management and offer services, such as procure-to-pay and spend analysis. They are commonly used by small, medium and large-sized organizations for implementation, training and consulting to optimize sourcing and procurement activities, improve customer retention and enhance overall consumer experience.
Significant growth in the retail industry across the globe is one of the key factors creating a positive outlook for the market. Retail sourcing and procurement solutions facilitate the organizations to automate spend management activities and improve the efficiency of procure-to-pay processes. Moreover, the increasing demand for enhanced visibility in tracking related data, centralized procurement processes and improved collaboration between retailers and suppliers is providing a thrust to the market growth. Additionally, various technological advancements, such as the integration of connected devices with the Internet of Things (IoT), artificial intelligence (AI), cloud technology and big data solutions, are acting as other growth-inducing factors. The adoption of these technologies enables the enterprises to trace and procure goods promptly, efficiently, maximize profits and keep track of the future business transaction and supplier performance. Other factors, including rising expenditure capacities of the consumers, along with increasing automation in procurement activities, are anticipated to drive the market toward growth.
Key Market Segmentation:
Breakup by Solution:
- Strategic Sourcing
- Supplier Management
- Contract Management
- Procure-to-pay
- Spend Analysis
Breakup by Service:
- Implementation
- Consulting
- Training and Support
Breakup by Deployment:
- On-premise
- Hybrid
- Cloud
Breakup by End Use:
- Small and Medium Enterprise (SME)
- Large Enterprise
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Basware Corporation, Blue Yonder Group Inc. (Panasonic Corp.), Epicor Software Corporation, International Business Machines Corporation, Infor Inc. (Koch Industries Inc.), Ivalua Inc, Kinaxis, Oracle Corporation, Proactis Holdings Plc, SAP SE, JAGGAER Inc. and Zycus Inc.
Key Questions Answered in This Report:
- How has the global retail sourcing and procurement market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global retail sourcing and procurement market?
- What are the key regional markets?
- What is the breakup of the market based on the solution?
- What is the breakup of the market based on the service?
- What is the breakup of the market based on the deployment?
- What is the breakup of the market based on the end use?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global retail sourcing and procurement market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR112025A3849
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Retail Sourcing and Procurement Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Solution
- 6.1 Strategic Sourcing
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Supplier Management
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Contract Management
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Procure-to-pay
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Spend Analysis
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
7 Market Breakup by Service
- 7.1 Implementation
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Consulting
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Training and Support
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Deployment
- 8.1 On-premise
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Hybrid
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Cloud
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by End Use
- 9.1 Small and Medium Enterprise (SME)
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Large Enterprise
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Basware Corporation
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Blue Yonder Group Inc. (Panasonic Corp.)
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.2.3 SWOT Analysis
- 15.3.3 Epicor Software Corporation
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.3.3 SWOT Analysis
- 15.3.4 International Business Machines Corporation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.4.3 Financials
- 15.3.4.4 SWOT Analysis
- 15.3.5 Infor Inc. (Koch Industries Inc.)
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.6 Ivalua Inc
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.7 Kinaxis
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.7.3 Financials
- 15.3.8 Oracle Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Proactis Holdings Plc
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.9.3 Financials
- 15.3.10 SAP SE
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.11 JAGGAER Inc.
- 15.3.11.1 Company Overview
- 15.3.11.2 Product Portfolio
- 15.3.12 Zycus Inc.
- 15.3.12.1 Company Overview
- 15.3.12.2 Product Portfolio
- 15.3.1 Basware Corporation
Product Code: SR112025A3849
List of Figures
- Figure 1: Global: Retail Sourcing and Procurement Market: Major Drivers and Challenges
- Figure 2: Global: Retail Sourcing and Procurement Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Retail Sourcing and Procurement Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Retail Sourcing and Procurement Market: Breakup by Solution (in %), 2024
- Figure 5: Global: Retail Sourcing and Procurement Market: Breakup by Service (in %), 2024
- Figure 6: Global: Retail Sourcing and Procurement Market: Breakup by Deployment (in %), 2024
- Figure 7: Global: Retail Sourcing and Procurement Market: Breakup by End Use (in %), 2024
- Figure 8: Global: Retail Sourcing and Procurement Market: Breakup by Region (in %), 2024
- Figure 9: Global: Retail Sourcing and Procurement (Strategic Sourcing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Retail Sourcing and Procurement (Strategic Sourcing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Retail Sourcing and Procurement (Supplier Management) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Retail Sourcing and Procurement (Supplier Management) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Retail Sourcing and Procurement (Contract Management) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Retail Sourcing and Procurement (Contract Management) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Retail Sourcing and Procurement (Procure-to-pay) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Retail Sourcing and Procurement (Procure-to-pay) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: Global: Retail Sourcing and Procurement (Spend Analysis) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: Global: Retail Sourcing and Procurement (Spend Analysis) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: Global: Retail Sourcing and Procurement (Implementation) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: Global: Retail Sourcing and Procurement (Implementation) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Global: Retail Sourcing and Procurement (Consulting) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Global: Retail Sourcing and Procurement (Consulting) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Global: Retail Sourcing and Procurement (Training and Support) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Global: Retail Sourcing and Procurement (Training and Support) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: Global: Retail Sourcing and Procurement (On-premise) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: Global: Retail Sourcing and Procurement (On-premise) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Global: Retail Sourcing and Procurement (Hybrid) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: Global: Retail Sourcing and Procurement (Hybrid) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: Global: Retail Sourcing and Procurement (Cloud) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: Global: Retail Sourcing and Procurement (Cloud) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: Global: Retail Sourcing and Procurement (Small and Medium Enterprise-SME) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: Global: Retail Sourcing and Procurement (Small and Medium Enterprise -SME) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Global: Retail Sourcing and Procurement (Large Enterprise) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Global: Retail Sourcing and Procurement (Large Enterprise) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: North America: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: North America: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: United States: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: United States: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: Canada: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Canada: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: Asia-Pacific: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: Asia-Pacific: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: China: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: China: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: Japan: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: Japan: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: India: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: India: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: South Korea: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: South Korea: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Australia: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Australia: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Indonesia: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Indonesia: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Others: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Others: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Europe: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Europe: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Germany: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Germany: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: France: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: France: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: United Kingdom: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: United Kingdom: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 65: Italy: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 66: Italy: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 67: Spain: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 68: Spain: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 69: Russia: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 70: Russia: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 71: Others: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 72: Others: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 73: Latin America: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 74: Latin America: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 75: Brazil: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 76: Brazil: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 77: Mexico: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 78: Mexico: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 79: Others: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 80: Others: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 81: Middle East and Africa: Retail Sourcing and Procurement Market: Sales Value (in Million USD), 2019 & 2024
- Figure 82: Middle East and Africa: Retail Sourcing and Procurement Market: Breakup by Country (in %), 2024
- Figure 83: Middle East and Africa: Retail Sourcing and Procurement Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 84: Global: Retail Sourcing and Procurement Industry: SWOT Analysis
- Figure 85: Global: Retail Sourcing and Procurement Industry: Value Chain Analysis
- Figure 86: Global: Retail Sourcing and Procurement Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Retail Sourcing and Procurement Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Retail Sourcing and Procurement Market Forecast: Breakup by Solution (in Million USD), 2025-2033
- Table 3: Global: Retail Sourcing and Procurement Market Forecast: Breakup by Service (in Million USD), 2025-2033
- Table 4: Global: Retail Sourcing and Procurement Market Forecast: Breakup by Deployment (in Million USD), 2025-2033
- Table 5: Global: Retail Sourcing and Procurement Market Forecast: Breakup by End Use (in Million USD), 2025-2033
- Table 6: Global: Retail Sourcing and Procurement Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 7: Global: Retail Sourcing and Procurement Market: Competitive Structure
- Table 8: Global: Retail Sourcing and Procurement Market: Key Players
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.