Global Retail Sourcing And Procurement Market Size & Outlook
Global retail sourcing and procurement market, 2018-2030 (US$M)
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Global retail sourcing and procurement market highlights
- The global retail sourcing and procurement market generated a revenue of USD 5,821.0 million in 2024 and is expected to reach USD 13,694.9 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 15.3% by 2030.
- In terms of segment, solution accounted for a revenue of USD 5,821.0 million in 2024.
- Solution is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
Global data book summary
| Market revenue in 2024 | USD 5,821.0 million |
| Market revenue in 2030 | USD 13,694.9 million |
| Growth rate | 15.3% (CAGR from 2024 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Solution |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution |
Other key industry trends
- In terms of revenue, the North America accounted for 35.2% of the global retail sourcing and procurement market in 2024.
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Retail Sourcing And Procurement Market Scope
Retail Sourcing And Procurement Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global retail sourcing and procurement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to retail sourcing and procurement market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 100% in 2024. Horizon Databook has segmented the Global retail sourcing and procurement market based on solution covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Retail Sourcing And Procurement Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Strategic sourcing
- Supplier management
- Contract management
- Procure-to-pay
- Spend analysis
- Service
- Implementation
- Consulting
- Training & Support
- Solution
- Global Retail Sourcing And Procurement Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Global Retail Sourcing And Procurement Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- SMEs
- Large Enterprises
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Target buyers of Global retail sourcing and procurement market databook
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Our clientele includes a mix of retail sourcing and procurement market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global retail sourcing and procurement market , including forecasts for subscribers. This global databook contains high-level insights into Global retail sourcing and procurement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global retail sourcing and procurement market size, by regions, 2018-2030 (US$M)
Related industry reports
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