Selected research
Industry Growth & Trends
Global Digitalization of Procurement Industry Growth and Trends Forecast to 2032
Market perspective
According to APO Research, the global Digitalization of Procurement 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.
The North America market for Digitalization of Procurement is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.
The Europe market for Digitalization of Procurement is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Digitalization of Procurement is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Leading global companies in the Digitalization of Procurement market 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
This report provides a structured, data-driven view of the global Digitalization of Procurement market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Digitalization of Procurement 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 Digitalization of Procurement 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 Digitalization of Procurement.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading companies in the global Digitalization of Procurement 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.
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
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 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 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: 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 Digitalization of Procurement 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
- 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.3 Global Digitalization of Procurement Market Size Overview by Region 2021 VS 2025 VS 2032
- 1.4 Global Digitalization of Procurement Market Size by Region (2021-2032)
- 1.4.1 Global Digitalization of Procurement Market Size by Region (2021-2026)
- 1.4.2 Global Digitalization of Procurement Market Size by Region (2027-2032)
- 1.5 Key Regions Digitalization of Procurement Market Size (2021-2032)
- 1.5.1 North America Digitalization of Procurement Market Size Growth Rate (2021-2032)
- 1.5.2 Europe Digitalization of Procurement Market Size Growth Rate (2021-2032)
- 1.5.3 Asia-Pacific Digitalization of Procurement Market Size Growth Rate (2021-2032)
- 1.5.4 South America Digitalization of Procurement Market Size Growth Rate (2021-2032)
- 1.5.5 Middle East & Africa Digitalization of Procurement Market Size Growth Rate (2021-2032)
2 Digitalization of Procurement Market by Type
- 2.1 Type Introduction
- 2.1.1 Software
- 2.1.2 Platform
- 2.2 Global Digitalization of Procurement Market Size by Type
- 2.2.1 Global Digitalization of Procurement Market Size Overview by Type (2021-2032)
- 2.2.2 Global Digitalization of Procurement Historic Market Size Review by Type (2021-2026)
- 2.2.3 Global Digitalization of Procurement Market Size Forecasted by Type (2027-2032)
- 2.3 Global Digitalization of Procurement Market Size by Regions
- 2.3.1 North America Digitalization of Procurement Market Size Breakdown by Type (2021-2026)
- 2.3.2 Europe Digitalization of Procurement Market Size Breakdown by Type (2021-2026)
- 2.3.3 Asia-Pacific Digitalization of Procurement Market Size Breakdown by Type (2021-2026)
- 2.3.4 South America Digitalization of Procurement Market Size Breakdown by Type (2021-2026)
- 2.3.5 Middle East and Africa Digitalization of Procurement Market Size Breakdown by Type (2021-2026)
3 Digitalization of Procurement Market by Application
- 3.1 Type Introduction
- 3.1.1 Large Enterprises
- 3.1.2 Small and Medium Enterprises
- 3.2 Global Digitalization of Procurement Market Size by Application
- 3.2.1 Global Digitalization of Procurement Market Size Overview by Application (2021-2032)
- 3.2.2 Global Digitalization of Procurement Historic Market Size Review by Application (2021-2026)
- 3.2.3 Global Digitalization of Procurement Market Size Forecasted by Application (2027-2032)
- 3.3 Global Digitalization of Procurement Market Size by Regions
- 3.3.1 North America Digitalization of Procurement Market Size Breakdown by Application (2021-2026)
- 3.3.2 Europe Digitalization of Procurement Market Size Breakdown by Application (2021-2026)
- 3.3.3 Asia-Pacific Digitalization of Procurement Market Size Breakdown by Application (2021-2026)
- 3.3.4 South America Digitalization of Procurement Market Size Breakdown by Application (2021-2026)
- 3.3.5 Middle East and Africa Digitalization of Procurement Market Size Breakdown by Application (2021-2026)
4 Global Market Dynamics
- 4.1 Digitalization of Procurement Industry Trends
- 4.2 Digitalization of Procurement Industry Drivers
- 4.3 Digitalization of Procurement Industry Opportunities and Challenges
- 4.4 Digitalization of Procurement Industry Restraints
5 Competitive Insights by Company
- 5.1 Global Top Players by Digitalization of Procurement Revenue (2021-2026)
- 5.2 Global Digitalization of Procurement Industry Company Ranking, 2024 VS 2025 VS 2026
- 5.3 Global Digitalization of Procurement Key Company Headquarters & Area Served
- 5.4 Global Digitalization of Procurement Company, Product Type & Application
- 5.5 Global Digitalization of Procurement Company Commercialization Time
- 5.6 Market Competitive Analysis
- 5.6.1 Global Digitalization of Procurement Market CR5 and HHI
- 5.6.2 Global Top 5 and 10 Digitalization of Procurement Players Market Share by Revenue in 2025
- 5.6.3 2025 Digitalization of Procurement Tier 1, Tier 2, and Tier 3
6 Company Profiles
- 6.1 Icertis
- 6.1.1 Icertis Company Information
- 6.1.2 Icertis Business Overview
- 6.1.3 Icertis Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.1.4 Icertis Digitalization of Procurement Product Portfolio
- 6.1.5 Icertis Recent Developments
- 6.2 Basware
- 6.2.1 Basware Company Information
- 6.2.2 Basware Business Overview
- 6.2.3 Basware Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.2.4 Basware Digitalization of Procurement Product Portfolio
- 6.2.5 Basware Recent Developments
- 6.3 Capgeimini
- 6.3.1 Capgeimini Company Information
- 6.3.2 Capgeimini Business Overview
- 6.3.3 Capgeimini Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.3.4 Capgeimini Digitalization of Procurement Product Portfolio
- 6.3.5 Capgeimini Recent Developments
- 6.4 Epicor
- 6.4.1 Epicor Company Information
- 6.4.2 Epicor Business Overview
- 6.4.3 Epicor Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.4.4 Epicor Digitalization of Procurement Product Portfolio
- 6.4.5 Epicor Recent Developments
- 6.5 GEP
- 6.5.1 GEP Company Information
- 6.5.2 GEP Business Overview
- 6.5.3 GEP Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.5.4 GEP Digitalization of Procurement Product Portfolio
- 6.5.5 GEP Recent Developments
- 6.6 IBM
- 6.6.1 IBM Company Information
- 6.6.2 IBM Business Overview
- 6.6.3 IBM Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.6.4 IBM Digitalization of Procurement Product Portfolio
- 6.6.5 IBM Recent Developments
- 6.7 JAGGAER
- 6.7.1 JAGGAER Company Information
- 6.7.2 JAGGAER Business Overview
- 6.7.3 JAGGAER Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.7.4 JAGGAER Digitalization of Procurement Product Portfolio
- 6.7.5 JAGGAER Recent Developments
- 6.8 Coupa Software
- 6.8.1 Coupa Software Company Information
- 6.8.2 Coupa Software Business Overview
- 6.8.3 Coupa Software Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.8.4 Coupa Software Digitalization of Procurement Product Portfolio
- 6.8.5 Coupa Software Recent Developments
- 6.9 Oracle
- 6.9.1 Oracle Company Information
- 6.9.2 Oracle Business Overview
- 6.9.3 Oracle Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.9.4 Oracle Digitalization of Procurement Product Portfolio
- 6.9.5 Oracle Recent Developments
- 6.10 SAP
- 6.10.1 SAP Company Information
- 6.10.2 SAP Business Overview
- 6.10.3 SAP Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.10.4 SAP Digitalization of Procurement Product Portfolio
- 6.10.5 SAP Recent Developments
- 6.11 Procurify
- 6.11.1 Procurify Company Information
- 6.11.2 Procurify Business Overview
- 6.11.3 Procurify Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.11.4 Procurify Digitalization of Procurement Product Portfolio
- 6.11.5 Procurify Recent Developments
- 6.12 Precoro
- 6.12.1 Precoro Company Information
- 6.12.2 Precoro Business Overview
- 6.12.3 Precoro Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.12.4 Precoro Digitalization of Procurement Product Portfolio
- 6.12.5 Precoro Recent Developments
- 6.13 Tradogram
- 6.13.1 Tradogram Company Information
- 6.13.2 Tradogram Business Overview
- 6.13.3 Tradogram Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.13.4 Tradogram Digitalization of Procurement Product Portfolio
- 6.13.5 Tradogram Recent Developments
- 6.14 Bellwether Software
- 6.14.1 Bellwether Software Company Information
- 6.14.2 Bellwether Software Business Overview
- 6.14.3 Bellwether Software Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.14.4 Bellwether Software Digitalization of Procurement Product Portfolio
- 6.14.5 Bellwether Software Recent Developments
- 6.15 Pipefy
- 6.15.1 Pipefy Company Information
- 6.15.2 Pipefy Business Overview
- 6.15.3 Pipefy Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.15.4 Pipefy Digitalization of Procurement Product Portfolio
- 6.15.5 Pipefy Recent Developments
- 6.16 Prokuria
- 6.16.1 Prokuria Company Information
- 6.16.2 Prokuria Business Overview
- 6.16.3 Prokuria Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.16.4 Prokuria Digitalization of Procurement Product Portfolio
- 6.16.5 Prokuria Recent Developments
- 6.17 RFP360
- 6.17.1 RFP360 Company Information
- 6.17.2 RFP360 Business Overview
- 6.17.3 RFP360 Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.17.4 RFP360 Digitalization of Procurement Product Portfolio
- 6.17.5 RFP360 Recent Developments
- 6.18 Procurement Express
- 6.18.1 Procurement Express Company Information
- 6.18.2 Procurement Express Business Overview
- 6.18.3 Procurement Express Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.18.4 Procurement Express Digitalization of Procurement Product Portfolio
- 6.18.5 Procurement Express Recent Developments
- 6.19 Kissflow
- 6.19.1 Kissflow Company Information
- 6.19.2 Kissflow Business Overview
- 6.19.3 Kissflow Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.19.4 Kissflow Digitalization of Procurement Product Portfolio
- 6.19.5 Kissflow Recent Developments
- 6.20 Fraxion
- 6.20.1 Fraxion Company Information
- 6.20.2 Fraxion Business Overview
- 6.20.3 Fraxion Digitalization of Procurement Revenue, Global Share and Gross Margin (2021-2026)
- 6.20.4 Fraxion Digitalization of Procurement Product Portfolio
- 6.20.5 Fraxion Recent Developments
7 North America
- 7.1 North America Digitalization of Procurement Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2 North America Digitalization of Procurement Market Size by Country (2021-2026)
- 7.3 North America Digitalization of Procurement Market Size Forecast by Country (2027-2032)
8 Europe
- 8.1 Europe Digitalization of Procurement Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2 Europe Digitalization of Procurement Market Size by Country (2021-2026)
- 8.3 Europe Digitalization of Procurement Market Size Forecast by Country (2027-2032)
9 Asia-Pacific
- 9.1 Asia-Pacific Digitalization of Procurement Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2 Asia-Pacific Digitalization of Procurement Market Size by Country (2021-2026)
- 9.3 Asia-Pacific Digitalization of Procurement Market Size Forecast by Country (2027-2032)
10 South America
- 10.1 South America Digitalization of Procurement Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2 South America Digitalization of Procurement Market Size by Country (2021-2026)
- 10.3 South America Digitalization of Procurement Market Size Forecast by Country (2027-2032)
11 Middle East & Africa
- 11.1 Middle East & Africa Digitalization of Procurement Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2 Middle East & Africa Digitalization of Procurement Market Size by Country (2021-2026)
- 11.3 Middle East & Africa Digitalization of Procurement 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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