Global Retail Sourcing And Procurement Market Size & Outlook
Global retail sourcing and procurement market, 2018-2030 (US$M)
Related Markets
Global retail sourcing and procurement market highlights
- The global retail sourcing and procurement market generated a revenue of USD 5,821.1 million in 2024 and is expected to reach USD 13,694.8 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 16.2% by 2030.
- In terms of segment, solution accounted for a revenue of USD 4,385.8 million in 2024.
- Service 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.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 5,821.1 million |
| Market revenue in 2030 | USD 13,694.8 million |
| Growth rate | 16.2% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
Other key industry trends
- In terms of revenue, the North America accounted for 35.1% of the global retail sourcing and procurement market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 829.0 million by 2030.
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Retail Sourcing And Procurement Market Scope
Retail Sourcing And Procurement Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Proactis | View profile | 101-250 | Paris, Ile-de-France, France, Europe | https://www.proactis.com |
| Ivalua | View profile | 501-1000 | Massy, Ile-de-France, France, Europe | http://ivalua.com/ |
| Blue Yonder | View profile | 5001-10000 | Scottsdale, Arizona, United States, North America | https://blueyonder.com |
| GEP | View profile | 1001-5000 | Clark, New Jersey, United States, North America | https://www.gep.com |
| CEGID | View profile | 1001-5000 | Lyon, Rhone-Alpes, France, Europe | http://www.cegid.com |
| Infor | View profile | 10001+ | New York, New York, United States, North America | https://www.infor.com/ |
| Epicor Software (Formerly Solarsoft Business Systems) | View profile | 1001-5000 | Richmond Hill, Ontario, Canada, North America | http://www.solarsoft.com |
| SAP SE | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
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 75.34% in 2024. Horizon Databook has segmented the Global retail sourcing and procurement market based on solution, service 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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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
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.
Partial client list
Global retail sourcing and procurement market size, by regions, 2018-2030 (US$M)
Top 10 countries: Retail sourcing and procurement market size, 2024 (US$M)
Global retail sourcing and procurement market share, by component, 2024 & 2030 (%, US$M)
Retail sourcing and procurement market: Opportunity assessment by country
Global retail sourcing and procurement market, by region, 2024 (US$M)
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