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 Research
Procurement Outsourcing Industry Research Report 2026
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.
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%.
Report Scope
Read the full market overview
This report quantifies the global Procurement Outsourcing 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/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 Procurement Outsourcing.
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.
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
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 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 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 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: 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 Procurement Outsourcing 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
- 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 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 Procurement Outsourcing by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Direct Procurement
- 2.2.3 Indirect Procurement
- 2.3 Procurement Outsourcing by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 CPG and Retail
- 2.3.3 BFSI Sector
- 2.4 Assumptions and Limitations
3 Procurement Outsourcing Breakdown Data by Type
- 3.1 Global Procurement Outsourcing Historic Market Size by Type (2021-2026)
- 3.2 Global Procurement Outsourcing Forecasted Market Size by Type (2027-2032)
4 Procurement Outsourcing Breakdown Data by Application
- 4.1 Global Procurement Outsourcing Historic Market Size by Application (2021-2026)
- 4.2 Global Procurement Outsourcing Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Procurement Outsourcing Market Perspective (2021-2032)
- 5.2 Global Procurement Outsourcing Growth Trends by Region
- 5.2.1 Global Procurement Outsourcing Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Procurement Outsourcing Historic Market Size by Region (2021-2026)
- 5.2.3 Procurement Outsourcing Forecasted Market Size by Region (2027-2032)
- 5.3 Procurement Outsourcing Market Dynamics
- 5.3.1 Procurement Outsourcing Industry Trends
- 5.3.2 Procurement Outsourcing Market Drivers
- 5.3.3 Procurement Outsourcing Market Challenges
- 5.3.4 Procurement Outsourcing Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Procurement Outsourcing Players by Revenue
- 6.1.1 Global Top Procurement Outsourcing Players by Revenue (2021-2026)
- 6.1.2 Global Procurement Outsourcing Revenue Market Share by Players (2021-2026)
- 6.2 Global Procurement Outsourcing Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Procurement Outsourcing Head Office and Area Served
- 6.4 Global Procurement Outsourcing Players, Product Type & Application
- 6.5 Global Procurement Outsourcing Manufacturers Established Date
- 6.6 Global Procurement Outsourcing Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Procurement Outsourcing Market Size (2021-2032)
- 7.2 North America Procurement Outsourcing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Procurement Outsourcing Market Size by Country (2021-2026)
- 7.4 North America Procurement Outsourcing 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 Procurement Outsourcing Market Size (2021-2032)
- 8.2 Europe Procurement Outsourcing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Procurement Outsourcing Market Size by Country (2021-2026)
- 8.4 Europe Procurement Outsourcing 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 Procurement Outsourcing Market Size (2021-2032)
- 9.2 Asia-Pacific Procurement Outsourcing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Procurement Outsourcing Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Procurement Outsourcing 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 Procurement Outsourcing Market Size (2021-2032)
- 10.2 South America Procurement Outsourcing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Procurement Outsourcing Market Size by Country (2021-2026)
- 10.4 South America Procurement Outsourcing 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 Procurement Outsourcing Market Size (2021-2032)
- 11.2 Middle East & Africa Procurement Outsourcing Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Procurement Outsourcing Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Procurement Outsourcing 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 IBM
- 12.1.1 IBM Company Information
- 12.1.2 IBM Business Overview
- 12.1.3 IBM Revenue in Procurement Outsourcing Business (2021-2026)
- 12.1.4 IBM Procurement Outsourcing Product Portfolio
- 12.1.5 IBM Recent Developments
- 12.2 Accenture
- 12.2.1 Accenture Company Information
- 12.2.2 Accenture Business Overview
- 12.2.3 Accenture Revenue in Procurement Outsourcing Business (2021-2026)
- 12.2.4 Accenture Procurement Outsourcing Product Portfolio
- 12.2.5 Accenture Recent Developments
- 12.3 GEP
- 12.3.1 GEP Company Information
- 12.3.2 GEP Business Overview
- 12.3.3 GEP Revenue in Procurement Outsourcing Business (2021-2026)
- 12.3.4 GEP Procurement Outsourcing Product Portfolio
- 12.3.5 GEP Recent Developments
- 12.4 Infosys
- 12.4.1 Infosys Company Information
- 12.4.2 Infosys Business Overview
- 12.4.3 Infosys Revenue in Procurement Outsourcing Business (2021-2026)
- 12.4.4 Infosys Procurement Outsourcing Product Portfolio
- 12.4.5 Infosys Recent Developments
- 12.5 Capgemini
- 12.5.1 Capgemini Company Information
- 12.5.2 Capgemini Business Overview
- 12.5.3 Capgemini Revenue in Procurement Outsourcing Business (2021-2026)
- 12.5.4 Capgemini Procurement Outsourcing Product Portfolio
- 12.5.5 Capgemini Recent Developments
- 12.6 Genpact
- 12.6.1 Genpact Company Information
- 12.6.2 Genpact Business Overview
- 12.6.3 Genpact Revenue in Procurement Outsourcing Business (2021-2026)
- 12.6.4 Genpact Procurement Outsourcing Product Portfolio
- 12.6.5 Genpact Recent Developments
- 12.7 TCS
- 12.7.1 TCS Company Information
- 12.7.2 TCS Business Overview
- 12.7.3 TCS Revenue in Procurement Outsourcing Business (2021-2026)
- 12.7.4 TCS Procurement Outsourcing Product Portfolio
- 12.7.5 TCS Recent Developments
- 12.8 Xchanging
- 12.8.1 Xchanging Company Information
- 12.8.2 Xchanging Business Overview
- 12.8.3 Xchanging Revenue in Procurement Outsourcing Business (2021-2026)
- 12.8.4 Xchanging Procurement Outsourcing Product Portfolio
- 12.8.5 Xchanging Recent Developments
- 12.9 WNS
- 12.9.1 WNS Company Information
- 12.9.2 WNS Business Overview
- 12.9.3 WNS Revenue in Procurement Outsourcing Business (2021-2026)
- 12.9.4 WNS Procurement Outsourcing Product Portfolio
- 12.9.5 WNS Recent Developments
13 Report Conclusion
14 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst