Middle East & Africa Retail Sourcing And Procurement Market Size & Outlook
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MEA retail sourcing and procurement market highlights
- The MEA retail sourcing and procurement market generated a revenue of USD 445.3 million in 2024.
- The market is expected to grow at a CAGR of 13.6% 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.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2025 to 2030.
MEA data book summary
| Market revenue in 2024 | USD 445.3 million |
| Market revenue in 2030 | USD 920.3 million |
| Growth rate | 13.6% (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 |
| 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, MEA region accounted for 7.6% of the global retail sourcing and procurement market in 2024.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,829.1 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 |
Middle East & Africa 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 73.12% in 2024. Horizon Databook has segmented the Middle East & Africa 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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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 Middle East & Africa 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 continent-level data and insights on the Middle East & Africa retail sourcing and procurement market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa retail sourcing and procurement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA retail sourcing and procurement market size, by country, 2018-2030 (US$M)
Middle East & Africa Retail Sourcing And Procurement Market Outlook Share, 2024 & 2030 (US$M)
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