PUBLISHER: TechNavio | PRODUCT CODE: 2172728
PUBLISHER: TechNavio | PRODUCT CODE: 2172728
The global group purchasing organization service market is forecasted to grow by USD 2315.9 mn during 2025-2030, accelerating at a CAGR of 5.6% during the forecast period. The report on the global group purchasing organization service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by escalating operational inflation and universal margin pressures, adoption of digital procurement technologies, rising need for supply chain resilience and diversified networks.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2025 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 5.5% |
| CAGR | 5.6% |
| Incremental Value | $2315.9 mn |
Technavio's global group purchasing organization service market is segmented as below:
By Type
By End-User
By Service Type
Geography
This study identifies the integration of AI and predictive machine learning models as one of the prime reasons driving the global group purchasing organization service market growth during the next few years. Also, expansion of non-traditional commercial verticals and horizontal procurement domains and transition toward sustainable procurement frameworks will lead to sizable demand in the market.
The report on the global group purchasing organization service market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global group purchasing organization service market vendors that include AMS Sourcing B.V., Avendra International, Buyers Edge Platform, Club Procure, Corcentric Inc., CoreTrust, Entegra Procurement Services, Foodbuy USA, HealthTrust Purchasing Group, Managed Health Care Associates, OMNIA Partners, Premier Inc., Procure Analytics, Prospitalia, Resah, Sourcewell, TIPS, UNA, Vizient Inc., Yankee Alliance. Also, the global group purchasing organization service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.