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Industry Research
Sourcing and Procurement Service Industry Research Report 2026
Market perspective
The global Sourcing and Procurement Service market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Sourcing and Procurement Service market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Sourcing and Procurement Service market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Sourcing and Procurement Service market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Sourcing and Procurement Service include Accenture, Elanders, Deloitte, Infosys, Genpact, Corcentric, Cultheir, ServiceNow and Dragon Sourcing, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Sourcing and Procurement Service market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Sourcing and Procurement Service.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Sourcing and Procurement Service Market by Company
Accenture
Elanders
Deloitte
Infosys
Genpact
Corcentric
Cultheir
ServiceNow
Dragon Sourcing
Prototype Fashion
TRC Companies
DocShipper
Sourcing and Procurement Service Segment by Type
Procurement Operations Modernization Service
Strategic Sourcing and Category Management Service
Others
Sourcing and Procurement Service Segment by Application
Large Enterprises
Small and Medium-Sized Enterprises
Sourcing and Procurement Service Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Sourcing and Procurement Service market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Sourcing and Procurement Service and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Sourcing and Procurement Service.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Sourcing and Procurement Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Procurement Operations Modernization Service
- Strategic Sourcing and Category Management Service
- Others
Applications
- Large Enterprises
- Small and Medium-Sized Enterprises
Companies covered
- Accenture
- Elanders
- Deloitte
- Infosys
- Genpact
- Corcentric
- Cultheir
- ServiceNow
- Dragon Sourcing
- Prototype Fashion
- TRC Companies
- DocShipper
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Sourcing and Procurement Service by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Procurement Operations Modernization Service
- 2.2.3 Strategic Sourcing and Category Management Service
- 2.2.4 Others
- 2.3 Sourcing and Procurement Service by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Large Enterprises
- 2.3.3 Small and Medium-Sized Enterprises
- 2.4 Assumptions and Limitations
3 Sourcing and Procurement Service Breakdown Data by Type
- 3.1 Global Sourcing and Procurement Service Historic Market Size by Type (2021-2026)
- 3.2 Global Sourcing and Procurement Service Forecasted Market Size by Type (2027-2032)
4 Sourcing and Procurement Service Breakdown Data by Application
- 4.1 Global Sourcing and Procurement Service Historic Market Size by Application (2021-2026)
- 4.2 Global Sourcing and Procurement Service Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Sourcing and Procurement Service Market Perspective (2021-2032)
- 5.2 Global Sourcing and Procurement Service Growth Trends by Region
- 5.2.1 Global Sourcing and Procurement Service Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Sourcing and Procurement Service Historic Market Size by Region (2021-2026)
- 5.2.3 Sourcing and Procurement Service Forecasted Market Size by Region (2027-2032)
- 5.3 Sourcing and Procurement Service Market Dynamics
- 5.3.1 Sourcing and Procurement Service Industry Trends
- 5.3.2 Sourcing and Procurement Service Market Drivers
- 5.3.3 Sourcing and Procurement Service Market Challenges
- 5.3.4 Sourcing and Procurement Service Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Sourcing and Procurement Service Players by Revenue
- 6.1.1 Global Top Sourcing and Procurement Service Players by Revenue (2021-2026)
- 6.1.2 Global Sourcing and Procurement Service Revenue Market Share by Players (2021-2026)
- 6.2 Global Sourcing and Procurement Service Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Sourcing and Procurement Service Head Office and Area Served
- 6.4 Global Sourcing and Procurement Service Players, Product Type & Application
- 6.5 Global Sourcing and Procurement Service Manufacturers Established Date
- 6.6 Global Sourcing and Procurement Service Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Sourcing and Procurement Service Market Size (2021-2032)
- 7.2 North America Sourcing and Procurement Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Sourcing and Procurement Service Market Size by Country (2021-2026)
- 7.4 North America Sourcing and Procurement Service Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Sourcing and Procurement Service Market Size (2021-2032)
- 8.2 Europe Sourcing and Procurement Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Sourcing and Procurement Service Market Size by Country (2021-2026)
- 8.4 Europe Sourcing and Procurement Service Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Sourcing and Procurement Service Market Size (2021-2032)
- 9.2 Asia-Pacific Sourcing and Procurement Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Sourcing and Procurement Service Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Sourcing and Procurement Service Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Sourcing and Procurement Service Market Size (2021-2032)
- 10.2 South America Sourcing and Procurement Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Sourcing and Procurement Service Market Size by Country (2021-2026)
- 10.4 South America Sourcing and Procurement Service Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Sourcing and Procurement Service Market Size (2021-2032)
- 11.2 Middle East & Africa Sourcing and Procurement Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Sourcing and Procurement Service Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Sourcing and Procurement Service Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Accenture
- 12.1.1 Accenture Company Information
- 12.1.2 Accenture Business Overview
- 12.1.3 Accenture Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.1.4 Accenture Sourcing and Procurement Service Product Portfolio
- 12.1.5 Accenture Recent Developments
- 12.2 Elanders
- 12.2.1 Elanders Company Information
- 12.2.2 Elanders Business Overview
- 12.2.3 Elanders Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.2.4 Elanders Sourcing and Procurement Service Product Portfolio
- 12.2.5 Elanders Recent Developments
- 12.3 Deloitte
- 12.3.1 Deloitte Company Information
- 12.3.2 Deloitte Business Overview
- 12.3.3 Deloitte Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.3.4 Deloitte Sourcing and Procurement Service Product Portfolio
- 12.3.5 Deloitte Recent Developments
- 12.4 Infosys
- 12.4.1 Infosys Company Information
- 12.4.2 Infosys Business Overview
- 12.4.3 Infosys Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.4.4 Infosys Sourcing and Procurement Service Product Portfolio
- 12.4.5 Infosys Recent Developments
- 12.5 Genpact
- 12.5.1 Genpact Company Information
- 12.5.2 Genpact Business Overview
- 12.5.3 Genpact Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.5.4 Genpact Sourcing and Procurement Service Product Portfolio
- 12.5.5 Genpact Recent Developments
- 12.6 Corcentric
- 12.6.1 Corcentric Company Information
- 12.6.2 Corcentric Business Overview
- 12.6.3 Corcentric Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.6.4 Corcentric Sourcing and Procurement Service Product Portfolio
- 12.6.5 Corcentric Recent Developments
- 12.7 Cultheir
- 12.7.1 Cultheir Company Information
- 12.7.2 Cultheir Business Overview
- 12.7.3 Cultheir Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.7.4 Cultheir Sourcing and Procurement Service Product Portfolio
- 12.7.5 Cultheir Recent Developments
- 12.8 ServiceNow
- 12.8.1 ServiceNow Company Information
- 12.8.2 ServiceNow Business Overview
- 12.8.3 ServiceNow Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.8.4 ServiceNow Sourcing and Procurement Service Product Portfolio
- 12.8.5 ServiceNow Recent Developments
- 12.9 Dragon Sourcing
- 12.9.1 Dragon Sourcing Company Information
- 12.9.2 Dragon Sourcing Business Overview
- 12.9.3 Dragon Sourcing Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.9.4 Dragon Sourcing Sourcing and Procurement Service Product Portfolio
- 12.9.5 Dragon Sourcing Recent Developments
- 12.10 Prototype Fashion
- 12.10.1 Prototype Fashion Company Information
- 12.10.2 Prototype Fashion Business Overview
- 12.10.3 Prototype Fashion Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.10.4 Prototype Fashion Sourcing and Procurement Service Product Portfolio
- 12.10.5 Prototype Fashion Recent Developments
- 12.11 TRC Companies
- 12.11.1 TRC Companies Company Information
- 12.11.2 TRC Companies Business Overview
- 12.11.3 TRC Companies Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.11.4 TRC Companies Sourcing and Procurement Service Product Portfolio
- 12.11.5 TRC Companies Recent Developments
- 12.12 DocShipper
- 12.12.1 DocShipper Company Information
- 12.12.2 DocShipper Business Overview
- 12.12.3 DocShipper Revenue in Sourcing and Procurement Service Business (2021-2026)
- 12.12.4 DocShipper Sourcing and Procurement Service Product Portfolio
- 12.12.5 DocShipper Recent Developments
13 Report Conclusion
14 Disclaimer
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