Selected research
Industry Research
Digitalization of Procurement Industry Research Report 2026
Market perspective
The global Digitalization of Procurement 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 Digitalization of Procurement market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Digitalization of Procurement 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 Digitalization of Procurement 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 Digitalization of Procurement include Icertis, Basware, Capgeimini, Epicor, GEP, IBM, JAGGAER, Coupa Software and Oracle, 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 Digitalization of Procurement 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 Digitalization of Procurement.
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.
Digitalization of Procurement Market by Company
Icertis
Basware
Capgeimini
Epicor
GEP
IBM
JAGGAER
Coupa Software
Oracle
SAP
Procurify
Precoro
Tradogram
Bellwether Software
Pipefy
Prokuria
RFP360
Procurement Express
Kissflow
Fraxion
Digitalization of Procurement Segment by Type
Software
Platform
Digitalization of Procurement Segment by Application
Large Enterprises
Small and Medium Enterprises
Digitalization of Procurement 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 Digitalization of Procurement 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 Digitalization of Procurement 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 Digitalization of Procurement.
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 Digitalization of Procurement 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
- Software
- Platform
Applications
- Large Enterprises
- Small and Medium Enterprises
Companies covered
- Icertis
- Basware
- Capgeimini
- Epicor
- GEP
- IBM
- JAGGAER
- Coupa Software
- Oracle
- SAP
- Procurify
- Precoro
- Tradogram
- Bellwether Software
- Pipefy
- Prokuria
- RFP360
- Procurement Express
- Kissflow
- Fraxion
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 Digitalization of Procurement by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 Software
- 2.2.3 Platform
- 2.3 Digitalization of Procurement 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 Enterprises
- 2.4 Assumptions and Limitations
3 Digitalization of Procurement Breakdown Data by Type
- 3.1 Global Digitalization of Procurement Historic Market Size by Type (2021-2026)
- 3.2 Global Digitalization of Procurement Forecasted Market Size by Type (2027-2032)
4 Digitalization of Procurement Breakdown Data by Application
- 4.1 Global Digitalization of Procurement Historic Market Size by Application (2021-2026)
- 4.2 Global Digitalization of Procurement Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Digitalization of Procurement Market Perspective (2021-2032)
- 5.2 Global Digitalization of Procurement Growth Trends by Region
- 5.2.1 Global Digitalization of Procurement Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Digitalization of Procurement Historic Market Size by Region (2021-2026)
- 5.2.3 Digitalization of Procurement Forecasted Market Size by Region (2027-2032)
- 5.3 Digitalization of Procurement Market Dynamics
- 5.3.1 Digitalization of Procurement Industry Trends
- 5.3.2 Digitalization of Procurement Market Drivers
- 5.3.3 Digitalization of Procurement Market Challenges
- 5.3.4 Digitalization of Procurement Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Digitalization of Procurement Players by Revenue
- 6.1.1 Global Top Digitalization of Procurement Players by Revenue (2021-2026)
- 6.1.2 Global Digitalization of Procurement Revenue Market Share by Players (2021-2026)
- 6.2 Global Digitalization of Procurement Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Digitalization of Procurement Head Office and Area Served
- 6.4 Global Digitalization of Procurement Players, Product Type & Application
- 6.5 Global Digitalization of Procurement Manufacturers Established Date
- 6.6 Global Digitalization of Procurement Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Digitalization of Procurement Market Size (2021-2032)
- 7.2 North America Digitalization of Procurement Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Digitalization of Procurement Market Size by Country (2021-2026)
- 7.4 North America Digitalization of Procurement 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 Digitalization of Procurement Market Size (2021-2032)
- 8.2 Europe Digitalization of Procurement Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Digitalization of Procurement Market Size by Country (2021-2026)
- 8.4 Europe Digitalization of Procurement 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 Digitalization of Procurement Market Size (2021-2032)
- 9.2 Asia-Pacific Digitalization of Procurement Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Digitalization of Procurement Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Digitalization of Procurement 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 Digitalization of Procurement Market Size (2021-2032)
- 10.2 South America Digitalization of Procurement Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Digitalization of Procurement Market Size by Country (2021-2026)
- 10.4 South America Digitalization of Procurement 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 Digitalization of Procurement Market Size (2021-2032)
- 11.2 Middle East & Africa Digitalization of Procurement Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Digitalization of Procurement Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Digitalization of Procurement 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 Icertis
- 12.1.1 Icertis Company Information
- 12.1.2 Icertis Business Overview
- 12.1.3 Icertis Revenue in Digitalization of Procurement Business (2021-2026)
- 12.1.4 Icertis Digitalization of Procurement Product Portfolio
- 12.1.5 Icertis Recent Developments
- 12.2 Basware
- 12.2.1 Basware Company Information
- 12.2.2 Basware Business Overview
- 12.2.3 Basware Revenue in Digitalization of Procurement Business (2021-2026)
- 12.2.4 Basware Digitalization of Procurement Product Portfolio
- 12.2.5 Basware Recent Developments
- 12.3 Capgeimini
- 12.3.1 Capgeimini Company Information
- 12.3.2 Capgeimini Business Overview
- 12.3.3 Capgeimini Revenue in Digitalization of Procurement Business (2021-2026)
- 12.3.4 Capgeimini Digitalization of Procurement Product Portfolio
- 12.3.5 Capgeimini Recent Developments
- 12.4 Epicor
- 12.4.1 Epicor Company Information
- 12.4.2 Epicor Business Overview
- 12.4.3 Epicor Revenue in Digitalization of Procurement Business (2021-2026)
- 12.4.4 Epicor Digitalization of Procurement Product Portfolio
- 12.4.5 Epicor Recent Developments
- 12.5 GEP
- 12.5.1 GEP Company Information
- 12.5.2 GEP Business Overview
- 12.5.3 GEP Revenue in Digitalization of Procurement Business (2021-2026)
- 12.5.4 GEP Digitalization of Procurement Product Portfolio
- 12.5.5 GEP Recent Developments
- 12.6 IBM
- 12.6.1 IBM Company Information
- 12.6.2 IBM Business Overview
- 12.6.3 IBM Revenue in Digitalization of Procurement Business (2021-2026)
- 12.6.4 IBM Digitalization of Procurement Product Portfolio
- 12.6.5 IBM Recent Developments
- 12.7 JAGGAER
- 12.7.1 JAGGAER Company Information
- 12.7.2 JAGGAER Business Overview
- 12.7.3 JAGGAER Revenue in Digitalization of Procurement Business (2021-2026)
- 12.7.4 JAGGAER Digitalization of Procurement Product Portfolio
- 12.7.5 JAGGAER Recent Developments
- 12.8 Coupa Software
- 12.8.1 Coupa Software Company Information
- 12.8.2 Coupa Software Business Overview
- 12.8.3 Coupa Software Revenue in Digitalization of Procurement Business (2021-2026)
- 12.8.4 Coupa Software Digitalization of Procurement Product Portfolio
- 12.8.5 Coupa Software Recent Developments
- 12.9 Oracle
- 12.9.1 Oracle Company Information
- 12.9.2 Oracle Business Overview
- 12.9.3 Oracle Revenue in Digitalization of Procurement Business (2021-2026)
- 12.9.4 Oracle Digitalization of Procurement Product Portfolio
- 12.9.5 Oracle Recent Developments
- 12.10 SAP
- 12.10.1 SAP Company Information
- 12.10.2 SAP Business Overview
- 12.10.3 SAP Revenue in Digitalization of Procurement Business (2021-2026)
- 12.10.4 SAP Digitalization of Procurement Product Portfolio
- 12.10.5 SAP Recent Developments
- 12.11 Procurify
- 12.11.1 Procurify Company Information
- 12.11.2 Procurify Business Overview
- 12.11.3 Procurify Revenue in Digitalization of Procurement Business (2021-2026)
- 12.11.4 Procurify Digitalization of Procurement Product Portfolio
- 12.11.5 Procurify Recent Developments
- 12.12 Precoro
- 12.12.1 Precoro Company Information
- 12.12.2 Precoro Business Overview
- 12.12.3 Precoro Revenue in Digitalization of Procurement Business (2021-2026)
- 12.12.4 Precoro Digitalization of Procurement Product Portfolio
- 12.12.5 Precoro Recent Developments
- 12.13 Tradogram
- 12.13.1 Tradogram Company Information
- 12.13.2 Tradogram Business Overview
- 12.13.3 Tradogram Revenue in Digitalization of Procurement Business (2021-2026)
- 12.13.4 Tradogram Digitalization of Procurement Product Portfolio
- 12.13.5 Tradogram Recent Developments
- 12.14 Bellwether Software
- 12.14.1 Bellwether Software Company Information
- 12.14.2 Bellwether Software Business Overview
- 12.14.3 Bellwether Software Revenue in Digitalization of Procurement Business (2021-2026)
- 12.14.4 Bellwether Software Digitalization of Procurement Product Portfolio
- 12.14.5 Bellwether Software Recent Developments
- 12.15 Pipefy
- 12.15.1 Pipefy Company Information
- 12.15.2 Pipefy Business Overview
- 12.15.3 Pipefy Revenue in Digitalization of Procurement Business (2021-2026)
- 12.15.4 Pipefy Digitalization of Procurement Product Portfolio
- 12.15.5 Pipefy Recent Developments
- 12.16 Prokuria
- 12.16.1 Prokuria Company Information
- 12.16.2 Prokuria Business Overview
- 12.16.3 Prokuria Revenue in Digitalization of Procurement Business (2021-2026)
- 12.16.4 Prokuria Digitalization of Procurement Product Portfolio
- 12.16.5 Prokuria Recent Developments
- 12.17 RFP360
- 12.17.1 RFP360 Company Information
- 12.17.2 RFP360 Business Overview
- 12.17.3 RFP360 Revenue in Digitalization of Procurement Business (2021-2026)
- 12.17.4 RFP360 Digitalization of Procurement Product Portfolio
- 12.17.5 RFP360 Recent Developments
- 12.18 Procurement Express
- 12.18.1 Procurement Express Company Information
- 12.18.2 Procurement Express Business Overview
- 12.18.3 Procurement Express Revenue in Digitalization of Procurement Business (2021-2026)
- 12.18.4 Procurement Express Digitalization of Procurement Product Portfolio
- 12.18.5 Procurement Express Recent Developments
- 12.19 Kissflow
- 12.19.1 Kissflow Company Information
- 12.19.2 Kissflow Business Overview
- 12.19.3 Kissflow Revenue in Digitalization of Procurement Business (2021-2026)
- 12.19.4 Kissflow Digitalization of Procurement Product Portfolio
- 12.19.5 Kissflow Recent Developments
- 12.20 Fraxion
- 12.20.1 Fraxion Company Information
- 12.20.2 Fraxion Business Overview
- 12.20.3 Fraxion Revenue in Digitalization of Procurement Business (2021-2026)
- 12.20.4 Fraxion Digitalization of Procurement Product Portfolio
- 12.20.5 Fraxion 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