India Retail Sourcing And Procurement Market Size & Outlook
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India retail sourcing and procurement market highlights
- The India retail sourcing and procurement market generated a revenue of USD 269.7 million in 2024 and is expected to reach USD 829.0 million by 2030.
- The India market is expected to grow at a CAGR of 21.5% from 2025 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2024.
- Service is the most lucrative component segment registering the fastest growth during the forecast period.
Retail sourcing and procurement market data book summary
| Market revenue in 2024 | USD 269.7 million |
| Market revenue in 2030 | USD 829.0 million |
| Growth rate | 21.5% (CAGR from 2025 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Service |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Service |
| Key market players worldwide | CEGID, Epicor Software (Formerly Solarsoft Business Systems), GEP, Infor, International Business Machines Corp, Ivalua, Blue Yonder, Oracle Corp, Proactis, SAP SE |
Other key industry trends
- In terms of revenue, India accounted for 4.6% of the global retail sourcing and procurement market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China retail sourcing and procurement market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific 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 |
India 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 78.9% in 2024. Horizon Databook has segmented the India retail sourcing and procurement market based on solution, service covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of India 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 country-level data and insights on the India retail sourcing and procurement market , including forecasts for subscribers. This country databook contains high-level insights into India retail sourcing and procurement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India retail sourcing and procurement market size, by component, 2018-2030 (US$M)
India Retail Sourcing And Procurement Market Outlook Share, 2024 & 2030 (US$M)
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