APO RESEARCH · REPORT
Procurement Outsourcing
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
Product & engineering
Understand the product.
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
Selected research
Industry Growth & Trends
Global Procurement Outsourcing Industry Growth and Trends Forecast to 2032
Market perspective
Procure to pay (purchase to pay or P2P) is the process of obtaining and managing the raw materials needed for manufacturing a product or providing a service. It involves the transactional flow of data that is sent to a supplier as well as the data that surrounds the fulfillment of the actual order and payment for the product or service, the transfer of specified key procurement activities relating to sourcing and supplier management to a third party — perhaps to reduce overall costs or maybe to tighten the company's focus on its core competencies. Procurement categorisation and vendor management of indirect materials and services (commonly referred to as Indirect procurement) are typically the most popular outsourced activity.
According to APO Research, the global Procurement Outsourcing market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.
Report Scope
Read the full market overview
This report provides a structured, data-driven view of the global Procurement Outsourcing market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Procurement Outsourcing market size, estimates, and forecasts are presented in terms of revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Procurement Outsourcing market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Procurement Outsourcing.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Procurement Outsourcing market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue and gross margin data by manufacturer for 2021-2026, enabling benchmarking of scale, profitability, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
Procurement Outsourcing Market by Company
IBM
Accenture
GEP
Infosys
Capgemini
Genpact
TCS
Xchanging
WNS
Procurement Outsourcing Segment by Type
Direct Procurement
Indirect Procurement
Procurement Outsourcing Segment by Application
CPG and Retail
BFSI Sector
Procurement Outsourcing Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
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 Procurement Outsourcing 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 Procurement Outsourcing 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 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 Procurement Outsourcing.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2021-2025, 2026-2031). 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 2: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by 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 4: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 5: Detailed analysis of Procurement Outsourcing companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, revenue by country.
Chapter 12: Concluding Insights of the report
More report detail
Tables and figures
Scope & coverage.
Types
- Direct Procurement
- Indirect Procurement
Applications
- CPG and Retail
- BFSI Sector
Companies covered
- IBM
- Accenture
- GEP
- Infosys
- Capgemini
- Genpact
- TCS
- Xchanging
- WNS
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Procurement Outsourcing Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Procurement Outsourcing Market Size by Region (2021-2032)
- 1.4.1 Global Procurement Outsourcing Market Size by Region (2021-2026)
- 1.4.2 Global Procurement Outsourcing Market Size by Region (2027-2032)
- 1.5 Key Regions Procurement Outsourcing Market Size (2021-2032)
- 1.5.1 North America Procurement Outsourcing Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Procurement Outsourcing Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Procurement Outsourcing Market Size Growth Rate (2021-2032)
- 1.5.4 South America Procurement Outsourcing Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Procurement Outsourcing Market Size Growth Rate (2021-2032)
2 Procurement Outsourcing Market by Type
- 2.1 Type Introduction
- 2.1.1 Direct Procurement
- 2.1.2 Indirect Procurement
- 2.2 Global Procurement Outsourcing Market Size by Type
- 2.2.1 Global Procurement Outsourcing Market Size Overview by Type (2021-2032)
- 2.2.2 Global Procurement Outsourcing Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Procurement Outsourcing Market Size Forecasted by Type (2027-2032)
- 2.3 Global Procurement Outsourcing Market Size by Regions
- 2.3.1 North America Procurement Outsourcing Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Procurement Outsourcing Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Procurement Outsourcing Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Procurement Outsourcing Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Procurement Outsourcing Market Size Breakdown by Type (2021-2026)
3 Procurement Outsourcing Market by Application
- 3.1 Type Introduction
- 3.1.1 CPG and Retail
- 3.1.2 BFSI Sector
- 3.2 Global Procurement Outsourcing Market Size by Application
- 3.2.1 Global Procurement Outsourcing Market Size Overview by Application (2021-2032)
- 3.2.2 Global Procurement Outsourcing Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Procurement Outsourcing Market Size Forecasted by Application (2027-2032)
- 3.3 Global Procurement Outsourcing Market Size by Regions
- 3.3.1 North America Procurement Outsourcing Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Procurement Outsourcing Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Procurement Outsourcing Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Procurement Outsourcing Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Procurement Outsourcing Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Procurement Outsourcing Industry Trends
- 4.2 Procurement Outsourcing Industry Drivers
- 4.3 Procurement Outsourcing Industry Opportunities and Challenges
- 4.4 Procurement Outsourcing Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Procurement Outsourcing Revenue (2021-2026)
- 5.2 Global Procurement Outsourcing Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Procurement Outsourcing Key Company Headquarters & Area Served
- 5.4 Global Procurement Outsourcing Company, Product Type & Application
- 5.5 Global Procurement Outsourcing Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Procurement Outsourcing Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Procurement Outsourcing Players Market Share by Revenue in 2025
- 5.6.3 2025 Procurement Outsourcing Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 IBM
- 6.1.1 IBM Company Information
- 6.1.2 IBM Business Overview
- 6.1.3 IBM Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 IBM Procurement Outsourcing Product Portfolio
- 6.1.5 IBM Recent Developments
- 6.2 Accenture
- 6.2.1 Accenture Company Information
- 6.2.2 Accenture Business Overview
- 6.2.3 Accenture Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Accenture Procurement Outsourcing Product Portfolio
- 6.2.5 Accenture Recent Developments
- 6.3 GEP
- 6.3.1 GEP Company Information
- 6.3.2 GEP Business Overview
- 6.3.3 GEP Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 GEP Procurement Outsourcing Product Portfolio
- 6.3.5 GEP Recent Developments
- 6.4 Infosys
- 6.4.1 Infosys Company Information
- 6.4.2 Infosys Business Overview
- 6.4.3 Infosys Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Infosys Procurement Outsourcing Product Portfolio
- 6.4.5 Infosys Recent Developments
- 6.5 Capgemini
- 6.5.1 Capgemini Company Information
- 6.5.2 Capgemini Business Overview
- 6.5.3 Capgemini Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 Capgemini Procurement Outsourcing Product Portfolio
- 6.5.5 Capgemini Recent Developments
- 6.6 Genpact
- 6.6.1 Genpact Company Information
- 6.6.2 Genpact Business Overview
- 6.6.3 Genpact Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 Genpact Procurement Outsourcing Product Portfolio
- 6.6.5 Genpact Recent Developments
- 6.7 TCS
- 6.7.1 TCS Company Information
- 6.7.2 TCS Business Overview
- 6.7.3 TCS Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 TCS Procurement Outsourcing Product Portfolio
- 6.7.5 TCS Recent Developments
- 6.8 Xchanging
- 6.8.1 Xchanging Company Information
- 6.8.2 Xchanging Business Overview
- 6.8.3 Xchanging Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Xchanging Procurement Outsourcing Product Portfolio
- 6.8.5 Xchanging Recent Developments
- 6.9 WNS
- 6.9.1 WNS Company Information
- 6.9.2 WNS Business Overview
- 6.9.3 WNS Procurement Outsourcing Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 WNS Procurement Outsourcing Product Portfolio
- 6.9.5 WNS Recent Developments
7 North America
- 7.1 North America Procurement Outsourcing Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Procurement Outsourcing Market Size by Country (2021-2026)
- 7.3 North America Procurement Outsourcing Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Procurement Outsourcing Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Procurement Outsourcing Market Size by Country (2021-2026)
- 8.3 Europe Procurement Outsourcing Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Procurement Outsourcing Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Procurement Outsourcing Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Procurement Outsourcing Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Procurement Outsourcing Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Procurement Outsourcing Market Size by Country (2021-2026)
- 10.3 South America Procurement Outsourcing Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Procurement Outsourcing Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Procurement Outsourcing Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Procurement Outsourcing Market Size Forecast by Country (2027-2032)
12 Concluding Insights
13 Appendix
- 13.1 Reasons for Doing This Study
- 13.2 Research Methodology
- 13.3 Research Process
- 13.4 Authors List of This Report
- 13.5 Data Source
- 13.5.1 Secondary Sources
- 13.5.2 Primary Sources
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