Global Procurement As A Service Market Size & Outlook
Global procurement as a service market, 2018-2030 (US$M)
Related Markets
Global procurement as a service market highlights
- The global procurement as a service market generated a revenue of USD 6,494.8 million in 2023 and is expected to reach USD 13,581.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.1% by 2030.
- In terms of segment, large enterprises accounted for a revenue of USD 4,836.7 million in 2023.
- Small & Medium Enterprises is the most lucrative enterprise size segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,494.8 million |
| Market revenue in 2030 | USD 13,581.5 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Large enterprises |
| Fastest growing segment | Small & Medium Enterprises |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Small & Medium Enterprises, Large Enterprises |
Other key industry trends
- In terms of revenue, the North America accounted for 41.8% of the global procurement as a service market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Japan is the fastest growing regional market and is projected to reach USD 141.1 million by 2030.
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Procurement As A Service Market Scope
Procurement As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global procurement as a service 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 procurement as a service market will help companies and investors design strategic landscapes.
Large enterprises was the largest segment with a revenue share of 74.47% in 2023. Horizon Databook has segmented the Global procurement as a service market based on small & medium enterprises, large enterprises covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Procurement As A Service Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
- Small & Medium Enterprises
- Large Enterprises
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Target buyers of Global procurement as a service market databook
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Our clientele includes a mix of procurement as a service 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 procurement as a service market , including forecasts for subscribers. This global databook contains high-level insights into Global procurement as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global procurement as a service market size, by region, 2018-2030 (US$M)
Top 10 countries: Procurement as a service market size, 2023 (US$M)
Global procurement as a service market share, by enterprise size, 2023 & 2030 (%, US$M)
Procurement as a service market: Opportunity assessment by country
Global procurement as a service market, by region, 2023 (US$M)
Related regional statistics
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