Global Procurement Outsourcing Market Research Report 2025

Major Trends

Escalating cost‑pressure across industries, demand for supplier diversification, and the rise of cloud‑native source‑to‑pay platforms are the primary forces expanding the global procurement outsourcing market. Corporations seek to convert fixed procurement overheads into variable costs, gain instant category expertise, and embed ESG compliance without expanding internal teams. Heightened geopolitical disruptions and raw‑material volatility further encourage enterprises to partner with specialized providers that promise savings, risk mitigation, and data‑driven spend transparency.

Procurement Outsourcing Market Trends

Digital procurement suites powered by artificial intelligence and advanced analytics are redefining outsourcing value propositions. Providers now embed predictive demand sensing, automated supplier discovery, and real‑time contract compliance dashboards within their managed services. The shift from labor‑arbitrage to insight‑arbitrage means clients judge partners on algorithmic savings engines that benchmark prices against global marketplaces, support zero‑touch purchase‑to‑pay workflows, accelerate requisition cycle times, and give CFOs granular visibility into carbon footprints tied to every purchase order, boosting brand resilience worldwide significantly.

Category specific outsourcing is gaining momentum as enterprises unbundle indirect spend into modular towers such as marketing, facilities, and professional services. Niche providers leverage deep supplier ecosystems and dynamic discounting platforms to unlock double‑digit savings that generalist outsourcers struggle to match. Nearshoring strategies are reshaping delivery footprints: Latin America, Eastern Europe, and ASEAN hubs combine competitive talent costs with overlapping time zones, supporting agile collaboration with client sourcing teams. Flexible gain‑share contracts remunerate providers through verified savings, tightening alignment between incentives and measurable procurement outcomes for global competitiveness.

Environmental, social, and governance imperatives are transforming outsourced procurement playbooks. Providers integrate supplier‑risk intelligence, human‑rights audits, and Scope 3 emission calculators into category strategies. Emerging regulations such as the EU Corporate Sustainability Due Diligence Directive compel multinationals to trace labor practices deep into tier‑three suppliers, accelerating demand for experts who maintain vetted vendor panels and monitor sanctions lists. Blockchain‑enabled traceability platforms ensure immutable purchase histories and facilitate green financing eligibility, elevating procurement outsourcing from a back‑office cost center to a board‑level strategic lever for leadership.

Procurement Outsourcing Market Share

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%.

Scope of Procurement Outsourcing Market Report

Chapter Outline

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Procurement Outsourcing Market Size Growth Rate 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 Procurement Outsourcing Market Growth 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

2.1 Global Procurement Outsourcing Market Perspective (2020-2031)

2.2 Global Procurement Outsourcing Growth Trends by Region

2.2.1 Global Procurement Outsourcing Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Procurement Outsourcing Historic Market Size by Region (2020-2025)

2.2.3 Procurement Outsourcing Forecasted Market Size by Region (2026-2031)

2.3 Procurement Outsourcing Market Dynamics

2.3.1 Procurement Outsourcing Industry Trends

2.3.2 Procurement Outsourcing Market Drivers

2.3.3 Procurement Outsourcing Market Challenges

2.3.4 Procurement Outsourcing Market Restraints

3.1 Global Top Procurement Outsourcing Players by Revenue

3.1.1 Global Top Procurement Outsourcing Players by Revenue (2020-2025)

3.1.2 Global Procurement Outsourcing Revenue Market Share by Players (2020-2025)

3.2 Global Procurement Outsourcing Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Procurement Outsourcing Revenue

3.4 Global Procurement Outsourcing Market Concentration Ratio

3.4.1 Global Procurement Outsourcing Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Procurement Outsourcing Revenue in 2024

3.5 Global Key Players of Procurement Outsourcing Head office and Area Served

3.6 Global Key Players of Procurement Outsourcing, Product and Application

3.7 Global Key Players of Procurement Outsourcing, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Procurement Outsourcing Historic Market Size by Type (2020-2025)

4.2 Global Procurement Outsourcing Forecasted Market Size by Type (2026-2031)

5.1 Global Procurement Outsourcing Historic Market Size by Application (2020-2025)

5.2 Global Procurement Outsourcing Forecasted Market Size by Application (2026-2031)

6.1 North America Procurement Outsourcing Market Size (2020-2031)

6.2 North America Procurement Outsourcing Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Procurement Outsourcing Market Size by Country (2020-2025)

6.4 North America Procurement Outsourcing Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7.1 Europe Procurement Outsourcing Market Size (2020-2031)

7.2 Europe Procurement Outsourcing Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Procurement Outsourcing Market Size by Country (2020-2025)

7.4 Europe Procurement Outsourcing Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Procurement Outsourcing Market Size (2020-2031)

8.2 Asia-Pacific Procurement Outsourcing Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Procurement Outsourcing Market Size by Region (2020-2025)

8.4 Asia-Pacific Procurement Outsourcing Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Procurement Outsourcing Market Size (2020-2031)

9.2 Latin America Procurement Outsourcing Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Procurement Outsourcing Market Size by Country (2020-2025)

9.4 Latin America Procurement Outsourcing Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Procurement Outsourcing Market Size (2020-2031)

10.2 Middle East & Africa Procurement Outsourcing Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Procurement Outsourcing Market Size by Country (2020-2025)

10.4 Middle East & Africa Procurement Outsourcing Market Size by Country (2026-2031)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 IBM

11.1.1 IBM Company Details

11.1.2 IBM Business Overview

11.1.3 IBM Procurement Outsourcing Introduction

11.1.4 IBM Revenue in Procurement Outsourcing Business (2020-2025)

11.1.5 IBM Recent Development

11.2 Accenture

11.2.1 Accenture Company Details

11.2.2 Accenture Business Overview

11.2.3 Accenture Procurement Outsourcing Introduction

11.2.4 Accenture Revenue in Procurement Outsourcing Business (2020-2025)

11.2.5 Accenture Recent Development

11.3 GEP

11.3.1 GEP Company Details

11.3.2 GEP Business Overview

11.3.3 GEP Procurement Outsourcing Introduction

11.3.4 GEP Revenue in Procurement Outsourcing Business (2020-2025)

11.3.5 GEP Recent Development

11.4 Infosys

11.4.1 Infosys Company Details

11.4.2 Infosys Business Overview

11.4.3 Infosys Procurement Outsourcing Introduction

11.4.4 Infosys Revenue in Procurement Outsourcing Business (2020-2025)

11.4.5 Infosys Recent Development

11.5 Capgemini

11.5.1 Capgemini Company Details

11.5.2 Capgemini Business Overview

11.5.3 Capgemini Procurement Outsourcing Introduction

11.5.4 Capgemini Revenue in Procurement Outsourcing Business (2020-2025)

11.5.5 Capgemini Recent Development

11.6 Genpact

11.6.1 Genpact Company Details

11.6.2 Genpact Business Overview

11.6.3 Genpact Procurement Outsourcing Introduction

11.6.4 Genpact Revenue in Procurement Outsourcing Business (2020-2025)

11.6.5 Genpact Recent Development

11.7 TCS

11.7.1 TCS Company Details

11.7.2 TCS Business Overview

11.7.3 TCS Procurement Outsourcing Introduction

11.7.4 TCS Revenue in Procurement Outsourcing Business (2020-2025)

11.7.5 TCS Recent Development

11.8 Xchanging

11.8.1 Xchanging Company Details

11.8.2 Xchanging Business Overview

11.8.3 Xchanging Procurement Outsourcing Introduction

11.8.4 Xchanging Revenue in Procurement Outsourcing Business (2020-2025)

11.8.5 Xchanging Recent Development

11.9 WNS

11.9.1 WNS Company Details

11.9.2 WNS Business Overview

11.9.3 WNS Procurement Outsourcing Introduction

11.9.4 WNS Revenue in Procurement Outsourcing Business (2020-2025)

11.9.5 WNS Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

List of Tables

 Table 1. Global Procurement Outsourcing Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

 Table 2. Key Players of Direct Procurement

 Table 3. Key Players of Indirect Procurement

 Table 4. Global Procurement Outsourcing Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

 Table 5. Global Procurement Outsourcing Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

 Table 6. Global Procurement Outsourcing Market Size by Region (2020-2025) & (US$ Million)

 Table 7. Global Procurement Outsourcing Market Share by Region (2020-2025)

 Table 8. Global Procurement Outsourcing Forecasted Market Size by Region (2026-2031) & (US$ Million)

 Table 9. Global Procurement Outsourcing Market Share by Region (2026-2031)

 Table 10. Procurement Outsourcing Market Trends

 Table 11. Procurement Outsourcing Market Drivers

 Table 12. Procurement Outsourcing Market Challenges

 Table 13. Procurement Outsourcing Market Restraints

 Table 14. Global Procurement Outsourcing Revenue by Players (2020-2025) & (US$ Million)

 Table 15. Global Procurement Outsourcing Market Share by Players (2020-2025)

 Table 16. 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 17. Ranking of Global Top Procurement Outsourcing Companies by Revenue (US$ Million) in 2024

 Table 18. Global 5 Largest Players Market Share by Procurement Outsourcing Revenue (CR5 and HHI) & (2020-2025)

 Table 19. Global Key Players of Procurement Outsourcing, Headquarters and Area Served

 Table 20. Global Key Players of Procurement Outsourcing, Product and Application

 Table 21. Global Key Players of Procurement Outsourcing, Date of Enter into This Industry

 Table 22. Mergers & Acquisitions, Expansion Plans

 Table 23. Global Procurement Outsourcing Market Size by Type (2020-2025) & (US$ Million)

 Table 24. Global Procurement Outsourcing Revenue Market Share by Type (2020-2025)

 Table 25. Global Procurement Outsourcing Forecasted Market Size by Type (2026-2031) & (US$ Million)

 Table 26. Global Procurement Outsourcing Revenue Market Share by Type (2026-2031)

 Table 27. Global Procurement Outsourcing Market Size by Application (2020-2025) & (US$ Million)

 Table 28. Global Procurement Outsourcing Revenue Market Share by Application (2020-2025)

 Table 29. Global Procurement Outsourcing Forecasted Market Size by Application (2026-2031) & (US$ Million)

 Table 30. Global Procurement Outsourcing Revenue Market Share by Application (2026-2031)

 Table 31. North America Procurement Outsourcing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

 Table 32. North America Procurement Outsourcing Market Size by Country (2020-2025) & (US$ Million)

 Table 33. North America Procurement Outsourcing Market Size by Country (2026-2031) & (US$ Million)

 Table 34. Europe Procurement Outsourcing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

 Table 35. Europe Procurement Outsourcing Market Size by Country (2020-2025) & (US$ Million)

 Table 36. Europe Procurement Outsourcing Market Size by Country (2026-2031) & (US$ Million)

 Table 37. Asia-Pacific Procurement Outsourcing Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

 Table 38. Asia-Pacific Procurement Outsourcing Market Size by Region (2020-2025) & (US$ Million)

 Table 39. Asia-Pacific Procurement Outsourcing Market Size by Region (2026-2031) & (US$ Million)

 Table 40. Latin America Procurement Outsourcing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

 Table 41. Latin America Procurement Outsourcing Market Size by Country (2020-2025) & (US$ Million)

 Table 42. Latin America Procurement Outsourcing Market Size by Country (2026-2031) & (US$ Million)

 Table 43. Middle East & Africa Procurement Outsourcing Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

 Table 44. Middle East & Africa Procurement Outsourcing Market Size by Country (2020-2025) & (US$ Million)

 Table 45. Middle East & Africa Procurement Outsourcing Market Size by Country (2026-2031) & (US$ Million)

 Table 46. IBM Company Details

 Table 47. IBM Business Overview

 Table 48. IBM Procurement Outsourcing Product

 Table 49. IBM Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 50. IBM Recent Development

 Table 51. Accenture Company Details

 Table 52. Accenture Business Overview

 Table 53. Accenture Procurement Outsourcing Product

 Table 54. Accenture Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 55. Accenture Recent Development

 Table 56. GEP Company Details

 Table 57. GEP Business Overview

 Table 58. GEP Procurement Outsourcing Product

 Table 59. GEP Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 60. GEP Recent Development

 Table 61. Infosys Company Details

 Table 62. Infosys Business Overview

 Table 63. Infosys Procurement Outsourcing Product

 Table 64. Infosys Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 65. Infosys Recent Development

 Table 66. Capgemini Company Details

 Table 67. Capgemini Business Overview

 Table 68. Capgemini Procurement Outsourcing Product

 Table 69. Capgemini Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 70. Capgemini Recent Development

 Table 71. Genpact Company Details

 Table 72. Genpact Business Overview

 Table 73. Genpact Procurement Outsourcing Product

 Table 74. Genpact Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 75. Genpact Recent Development

 Table 76. TCS Company Details

 Table 77. TCS Business Overview

 Table 78. TCS Procurement Outsourcing Product

 Table 79. TCS Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 80. TCS Recent Development

 Table 81. Xchanging Company Details

 Table 82. Xchanging Business Overview

 Table 83. Xchanging Procurement Outsourcing Product

 Table 84. Xchanging Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 85. Xchanging Recent Development

 Table 86. WNS Company Details

 Table 87. WNS Business Overview

 Table 88. WNS Procurement Outsourcing Product

 Table 89. WNS Revenue in Procurement Outsourcing Business (2020-2025) & (US$ Million)

 Table 90. WNS Recent Development

 Table 91. Research Programs/Design for This Report

 Table 92. Key Data Information from Secondary Sources

 Table 93. Key Data Information from Primary Sources

 Table 94. Authors List of This Report

List of Figures

 Figure 1. Procurement Outsourcing Picture

 Figure 2. Global Procurement Outsourcing Market Size Comparison by Type (2020-2031) & (US$ Million)

 Figure 3. Global Procurement Outsourcing Market Share by Type: 2024 VS 2031

 Figure 4. Direct Procurement Features

 Figure 5. Indirect Procurement Features

 Figure 6. Global Procurement Outsourcing Market Size by Application (2020-2031) & (US$ Million)

 Figure 7. Global Procurement Outsourcing Market Share by Application: 2024 VS 2031

 Figure 8. CPG and Retail Case Studies

 Figure 9. BFSI Sector Case Studies

 Figure 10. Procurement Outsourcing Report Years Considered

 Figure 11. Global Procurement Outsourcing Market Size (US$ Million), Year-over-Year: 2020-2031

 Figure 12. Global Procurement Outsourcing Market Size, (US$ Million), 2020 VS 2024 VS 2031

 Figure 13. Global Procurement Outsourcing Market Share by Region: 2024 VS 2031

 Figure 14. Global Procurement Outsourcing Market Share by Players in 2024

 Figure 15. 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 16. The Top 10 and 5 Players Market Share by Procurement Outsourcing Revenue in 2024

 Figure 17. North America Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 18. North America Procurement Outsourcing Market Share by Country (2020-2031)

 Figure 19. United States Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 20. Canada Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 21. Europe Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 22. Europe Procurement Outsourcing Market Share by Country (2020-2031)

 Figure 23. Germany Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 24. France Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 25. U.K. Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 26. Italy Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 27. Russia Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 28. Nordic Countries Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 29. Asia-Pacific Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 30. Asia-Pacific Procurement Outsourcing Market Share by Region (2020-2031)

 Figure 31. China Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 32. Japan Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 33. South Korea Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 34. Southeast Asia Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 35. India Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 36. Australia Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 37. Latin America Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 38. Latin America Procurement Outsourcing Market Share by Country (2020-2031)

 Figure 39. Mexico Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 40. Brazil Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 41. Middle East & Africa Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 42. Middle East & Africa Procurement Outsourcing Market Share by Country (2020-2031)

 Figure 43. Turkey Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 44. Saudi Arabia Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 45. UAE Procurement Outsourcing Market Size YoY Growth (2020-2031) & (US$ Million)

 Figure 46. IBM Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 47. Accenture Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 48. GEP Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 49. Infosys Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 50. Capgemini Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 51. Genpact Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 52. TCS Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 53. Xchanging Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 54. WNS Revenue Growth Rate in Procurement Outsourcing Business (2020-2025)

 Figure 55. Bottom-up and Top-down Approaches for This Report

 Figure 56. Data Triangulation

 Figure 57. Key Executives Interviewed