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Procurement as a Service Market

Procurement as a Service Market Size, Share & Trends Analysis Report By Component (Strategic Sourcing, Spend Management, Contract Management, Category Management, Process Management, Transactions Management), By Organization Size (Large Enterprises, SMEs), By Industry Vertical (Manufacturing, Retail and consumer packaged goods, Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Energy and Utilities, Healthcare, Travel and Hospitality) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRTE1038DR
Study Period 2019-2031 CAGR 7.68%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 6897 Million
Forecast Year 2031 Forecast Year Market Size USD 13423 Million
Largest Market North America Fastest Growing Market Asia Pacific
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Market Segmentation

  1. Procurement as a Service Market, By Component (2021-2031)
    1. Strategic Sourcing
    2. Spend Management
    3. Contract Management
    4. Category Management
    5. Process Management
    6. Transactions Management
  2. Procurement as a Service Market, By Organization Size (2021-2031)
    1. Large Enterprises
    2. SMEs
  3. Procurement as a Service Market, By Industry Vertical (2021-2031)
    1. Manufacturing
    2. Retail and consumer packaged goods
    3. Banking, Financial Services, and Insurance (BFSI)
    4. IT and Telecom
    5. Energy and Utilities
    6. Healthcare
    7. Travel and Hospitality
    1. North America
      1. North America Procurement as a Service Market, By Component
        1. Strategic Sourcing
          1. Spend Management
            1. Contract Management
              1. Category Management
                1. Process Management
                  1. Transactions Management
                  2. North America Procurement as a Service Market, By Organization Size
                    1. Large Enterprises
                      1. SMEs
                      2. North America Procurement as a Service Market, By Industry Vertical
                        1. Manufacturing
                          1. Retail and consumer packaged goods
                            1. Banking, Financial Services, and Insurance (BFSI)
                              1. IT and Telecom
                                1. Energy and Utilities
                                  1. Healthcare
                                    1. Travel and Hospitality
                                    2. U.S.
                                      1. U.S. Procurement as a Service Market, By Component
                                        1. Strategic Sourcing
                                          1. Spend Management
                                            1. Contract Management
                                              1. Category Management
                                                1. Process Management
                                                  1. Transactions Management
                                                  2. U.S. Procurement as a Service Market, By Organization Size
                                                    1. Large Enterprises
                                                      1. SMEs
                                                      2. U.S. Procurement as a Service Market, By Industry Vertical
                                                        1. Manufacturing
                                                          1. Retail and consumer packaged goods
                                                            1. Banking, Financial Services, and Insurance (BFSI)
                                                              1. IT and Telecom
                                                                1. Energy and Utilities
                                                                  1. Healthcare
                                                                    1. Travel and Hospitality
                                                                  2. Canada
                                                                2. Europe
                                                                  1. Europe Procurement as a Service Market, By Component
                                                                    1. Strategic Sourcing
                                                                      1. Spend Management
                                                                        1. Contract Management
                                                                          1. Category Management
                                                                            1. Process Management
                                                                              1. Transactions Management
                                                                              2. Europe Procurement as a Service Market, By Organization Size
                                                                                1. Large Enterprises
                                                                                  1. SMEs
                                                                                  2. Europe Procurement as a Service Market, By Industry Vertical
                                                                                    1. Manufacturing
                                                                                      1. Retail and consumer packaged goods
                                                                                        1. Banking, Financial Services, and Insurance (BFSI)
                                                                                          1. IT and Telecom
                                                                                            1. Energy and Utilities
                                                                                              1. Healthcare
                                                                                                1. Travel and Hospitality
                                                                                                2. U.K.
                                                                                                  1. U.K. Procurement as a Service Market, By Component
                                                                                                    1. Strategic Sourcing
                                                                                                      1. Spend Management
                                                                                                        1. Contract Management
                                                                                                          1. Category Management
                                                                                                            1. Process Management
                                                                                                              1. Transactions Management
                                                                                                              2. U.K. Procurement as a Service Market, By Organization Size
                                                                                                                1. Large Enterprises
                                                                                                                  1. SMEs
                                                                                                                  2. U.K. Procurement as a Service Market, By Industry Vertical
                                                                                                                    1. Manufacturing
                                                                                                                      1. Retail and consumer packaged goods
                                                                                                                        1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                          1. IT and Telecom
                                                                                                                            1. Energy and Utilities
                                                                                                                              1. Healthcare
                                                                                                                                1. Travel and Hospitality
                                                                                                                              2. Germany
                                                                                                                              3. France
                                                                                                                              4. Spain
                                                                                                                              5. Italy
                                                                                                                              6. Russia
                                                                                                                              7. Nordic
                                                                                                                              8. Benelux
                                                                                                                              9. Rest of Europe
                                                                                                                            2. APAC
                                                                                                                              1. APAC Procurement as a Service Market, By Component
                                                                                                                                1. Strategic Sourcing
                                                                                                                                  1. Spend Management
                                                                                                                                    1. Contract Management
                                                                                                                                      1. Category Management
                                                                                                                                        1. Process Management
                                                                                                                                          1. Transactions Management
                                                                                                                                          2. APAC Procurement as a Service Market, By Organization Size
                                                                                                                                            1. Large Enterprises
                                                                                                                                              1. SMEs
                                                                                                                                              2. APAC Procurement as a Service Market, By Industry Vertical
                                                                                                                                                1. Manufacturing
                                                                                                                                                  1. Retail and consumer packaged goods
                                                                                                                                                    1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                      1. IT and Telecom
                                                                                                                                                        1. Energy and Utilities
                                                                                                                                                          1. Healthcare
                                                                                                                                                            1. Travel and Hospitality
                                                                                                                                                            2. China
                                                                                                                                                              1. China Procurement as a Service Market, By Component
                                                                                                                                                                1. Strategic Sourcing
                                                                                                                                                                  1. Spend Management
                                                                                                                                                                    1. Contract Management
                                                                                                                                                                      1. Category Management
                                                                                                                                                                        1. Process Management
                                                                                                                                                                          1. Transactions Management
                                                                                                                                                                          2. China Procurement as a Service Market, By Organization Size
                                                                                                                                                                            1. Large Enterprises
                                                                                                                                                                              1. SMEs
                                                                                                                                                                              2. China Procurement as a Service Market, By Industry Vertical
                                                                                                                                                                                1. Manufacturing
                                                                                                                                                                                  1. Retail and consumer packaged goods
                                                                                                                                                                                    1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                                                      1. IT and Telecom
                                                                                                                                                                                        1. Energy and Utilities
                                                                                                                                                                                          1. Healthcare
                                                                                                                                                                                            1. Travel and Hospitality
                                                                                                                                                                                          2. Korea
                                                                                                                                                                                          3. Japan
                                                                                                                                                                                          4. India
                                                                                                                                                                                          5. Australia
                                                                                                                                                                                          6. Taiwan
                                                                                                                                                                                          7. South East Asia
                                                                                                                                                                                          8. Rest of Asia-Pacific
                                                                                                                                                                                        2. Middle East and Africa
                                                                                                                                                                                          1. Middle East and Africa Procurement as a Service Market, By Component
                                                                                                                                                                                            1. Strategic Sourcing
                                                                                                                                                                                              1. Spend Management
                                                                                                                                                                                                1. Contract Management
                                                                                                                                                                                                  1. Category Management
                                                                                                                                                                                                    1. Process Management
                                                                                                                                                                                                      1. Transactions Management
                                                                                                                                                                                                      2. Middle East and Africa Procurement as a Service Market, By Organization Size
                                                                                                                                                                                                        1. Large Enterprises
                                                                                                                                                                                                          1. SMEs
                                                                                                                                                                                                          2. Middle East and Africa Procurement as a Service Market, By Industry Vertical
                                                                                                                                                                                                            1. Manufacturing
                                                                                                                                                                                                              1. Retail and consumer packaged goods
                                                                                                                                                                                                                1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                                                                                  1. IT and Telecom
                                                                                                                                                                                                                    1. Energy and Utilities
                                                                                                                                                                                                                      1. Healthcare
                                                                                                                                                                                                                        1. Travel and Hospitality
                                                                                                                                                                                                                        2. UAE
                                                                                                                                                                                                                          1. UAE Procurement as a Service Market, By Component
                                                                                                                                                                                                                            1. Strategic Sourcing
                                                                                                                                                                                                                              1. Spend Management
                                                                                                                                                                                                                                1. Contract Management
                                                                                                                                                                                                                                  1. Category Management
                                                                                                                                                                                                                                    1. Process Management
                                                                                                                                                                                                                                      1. Transactions Management
                                                                                                                                                                                                                                      2. UAE Procurement as a Service Market, By Organization Size
                                                                                                                                                                                                                                        1. Large Enterprises
                                                                                                                                                                                                                                          1. SMEs
                                                                                                                                                                                                                                          2. UAE Procurement as a Service Market, By Industry Vertical
                                                                                                                                                                                                                                            1. Manufacturing
                                                                                                                                                                                                                                              1. Retail and consumer packaged goods
                                                                                                                                                                                                                                                1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                                                                                                                  1. IT and Telecom
                                                                                                                                                                                                                                                    1. Energy and Utilities
                                                                                                                                                                                                                                                      1. Healthcare
                                                                                                                                                                                                                                                        1. Travel and Hospitality
                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                      1. LATAM Procurement as a Service Market, By Component
                                                                                                                                                                                                                                                        1. Strategic Sourcing
                                                                                                                                                                                                                                                          1. Spend Management
                                                                                                                                                                                                                                                            1. Contract Management
                                                                                                                                                                                                                                                              1. Category Management
                                                                                                                                                                                                                                                                1. Process Management
                                                                                                                                                                                                                                                                  1. Transactions Management
                                                                                                                                                                                                                                                                  2. LATAM Procurement as a Service Market, By Organization Size
                                                                                                                                                                                                                                                                    1. Large Enterprises
                                                                                                                                                                                                                                                                      1. SMEs
                                                                                                                                                                                                                                                                      2. LATAM Procurement as a Service Market, By Industry Vertical
                                                                                                                                                                                                                                                                        1. Manufacturing
                                                                                                                                                                                                                                                                          1. Retail and consumer packaged goods
                                                                                                                                                                                                                                                                            1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                                                                                                                                              1. IT and Telecom
                                                                                                                                                                                                                                                                                1. Energy and Utilities
                                                                                                                                                                                                                                                                                  1. Healthcare
                                                                                                                                                                                                                                                                                    1. Travel and Hospitality
                                                                                                                                                                                                                                                                                    2. Brazil
                                                                                                                                                                                                                                                                                      1. Brazil Procurement as a Service Market, By Component
                                                                                                                                                                                                                                                                                        1. Strategic Sourcing
                                                                                                                                                                                                                                                                                          1. Spend Management
                                                                                                                                                                                                                                                                                            1. Contract Management
                                                                                                                                                                                                                                                                                              1. Category Management
                                                                                                                                                                                                                                                                                                1. Process Management
                                                                                                                                                                                                                                                                                                  1. Transactions Management
                                                                                                                                                                                                                                                                                                  2. Brazil Procurement as a Service Market, By Organization Size
                                                                                                                                                                                                                                                                                                    1. Large Enterprises
                                                                                                                                                                                                                                                                                                      1. SMEs
                                                                                                                                                                                                                                                                                                      2. Brazil Procurement as a Service Market, By Industry Vertical
                                                                                                                                                                                                                                                                                                        1. Manufacturing
                                                                                                                                                                                                                                                                                                          1. Retail and consumer packaged goods
                                                                                                                                                                                                                                                                                                            1. Banking, Financial Services, and Insurance (BFSI)
                                                                                                                                                                                                                                                                                                              1. IT and Telecom
                                                                                                                                                                                                                                                                                                                1. Energy and Utilities
                                                                                                                                                                                                                                                                                                                  1. Healthcare
                                                                                                                                                                                                                                                                                                                    1. Travel and Hospitality
                                                                                                                                                                                                                                                                                                                  2. Mexico
                                                                                                                                                                                                                                                                                                                  3. Argentina
                                                                                                                                                                                                                                                                                                                  4. Chile
                                                                                                                                                                                                                                                                                                                  5. Colombia
                                                                                                                                                                                                                                                                                                                  6. Rest of LATAM

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