Overview
The Services Procurement plays a vital role in the global economy, covering products purchased by individuals for personal consumption. These goods are generally divided into two main categories: durable goods (e.g., appliances and furniture) and non-durable goods (e.g., food, beverages, and personal care items). The market is highly competitive, shaped by shifting consumer preferences and continuous innovation. In 2025, the global Services Procurement market was valued at 13.7Billion and is projected to expand at a 9.80% from 2025 to 2033The Services Procurement Market focuses on managing the procurement of contingent labor and outsourced services, covering IT, HR, consulting, and facility services. As organizations increasingly outsource specialized functions, demand for centralized, intelligent procurement platforms rises. The market's growth is fueled by the need for cost transparency, compliance, and scalability. AI-powered vendor selection, real-time analytics, and agile procurement models are reshaping the landscape. While vendor management complexity and indirect spend challenges persist, innovations in smart contracting and ESG-aligned sourcing are creating new growth paths.
Services Procurement Market Size in (USD Billion) CAGR Growth Rate 9.80%
| Study Period | 2020-2033 |
| Market Size (2025): | 13.7Billion |
| Market Size (2033): | 29.4Billion |
| CAGR (2025 - 2033): | 9.80% |
| Fastest Growing Region | Asia Pacific |
| Dominating Region | North America |
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The research report shows the growth potential of the global Services Procurement market. The market for Services Procurement is anticipated to increase steadily. For Services Procurement to be widely used, supply chain optimization, cost reduction, and product differentiation are still essential. For market participants to take advantage of the enormous prospects offered by the Services Procurement market, they must make R&D investments, establish strategic alliances, and match their products with changing customer tastes.
Services Procurement Market Dynamics
Numerous elements impact market dynamics in this industry, including evolving consumer preferences, legal requirements, and technological advancements.Market Driver:
The report can identify and analyze the factors driving the growth of the Services Procurement Market. Including Outsourcing Surge,Operational Efficiency,Cost Optimization,Demand Visibility
- Outsourcing Surge
- Operational Efficiency
- Cost Optimization
- Demand Visibility
Market Trend:
The increasing demand for Services Procurement is one of the factors driving the market’s growth.
- AI-based sourcing
- Integrated platforms
- Freelance workforce models
- Agile procurement
Market Opportunity:
Server factors driving the Services Procurement market’s opportunity.
- Intelligent Automation
- Blockchain Sourcing
- On-demand Procurement Tools
- Supplier Analytics
Market Challenges:
What challenges are facing the Services Procurement market?
- Indirect Spend Management
- Vendor Risks
- Platform Integration
- Budget Overrun
Regional Outlook
The Services Procurement market is expected to grow at a compound annual growth rate (CAGR) of 9.80% from 2025 to 2033, reaching an estimated value of 29.4Billion by 2033 with a year-on-year growth rate of 6.10%. This expansion is fueled by factors such as technological innovations, rising consumer demand, and the influence of globalization, which together open new opportunities for market participants. To capitalize on this growth, businesses should focus on enhancing product offerings, utilizing digital marketing strategies, and exploring untapped markets to broaden their reach and boost revenue.The Asia Pacific is experiencing the fastest growth, driven by its rapidly increasing population and expanding economic activity across key sectors. This acceleration is supported by growing urbanization, infrastructure development, and favorable government policies promoting industrial growth. Additionally, the region benefits from a youthful, expanding workforce and rising consumer demand. In contrast, North America remains the market leader, maintaining its dominance through well-established industries, technological innovations, and a strong global presence.
North America continues to lead in technology, healthcare, and aerospace, with Silicon Valley as a global innovation hub and the U.S. excelling in pharmaceutical research and defense. The region is making significant investments in renewable energy, advanced manufacturing, and electric vehicles (EVs) to maintain its competitive edge and drive decarbonization efforts.
Europe stands out in the automotive, renewable energy, and luxury goods sectors, with Germany at the forefront of automotive manufacturing and countries like Denmark and the UK spearheading wind energy initiatives. Europe is prioritizing green energy transitions, particularly in green hydrogen and offshore wind, while advancing digital transformation in areas like AI, cybersecurity, and blockchain, alongside its leadership in sustainable, circular economy practices.
The Asia-Pacific region is a major player in manufacturing, semiconductors, and fintech, with China, Japan, South Korea, and Taiwan dominating these industries. The region is investing heavily in 5G infrastructure, AI, and smart city projects while expanding renewable energy capabilities in solar, wind, and hydropower.
Latin America excels in agriculture, commodities, and mining, with Brazil, Argentina, Chile, and Peru leading in the production of agricultural goods and minerals like copper and lithium. The region is focused on infrastructure development, digital economy growth, and sustainable agriculture to foster economic development and environmental resilience.
In the Middle East and Africa, the oil and gas industry continues to dominate, especially in Saudi Arabia, the UAE, and Qatar. However, these regions are increasingly diversifying their economies through investments in renewable energy and digital transformation. Africa, with its rich mineral resources, is also seeing growing investments in healthcare and education, aimed at improving human capital and economic stability.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia Pacific
Dominating Region
North America
Key Players
The companies profiled were selected based on insights from industry experts and a thorough evaluation of their market influence, product range, and geographical presence.- SAP Ariba (Germany)
- Oracle (US)
- IBM Emptoris (US)
- Coupa Software (US)
- GEP (US)
- Jaggaer (US)
- Basware (Finland)
- Zycus (India)
- Proactis (UK)
- Ivalua (US)
- Workday (US)
- SynerTrade (France)
- Determine (US)
- Scanmarket (Denmark)
- Tradeshift (US)
- Precoro (Ukraine)
- Vortal (Portugal)
- Capgemini (France)
- Infosys (India)
Services Procurement Market Segmentation by Players
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Companies are increasingly focused on expanding their market share through strategic initiatives such as mergers, acquisitions, and green investments, particularly in underserved regions. These strategies are helping companies capture a larger market share while fostering sustainable development. By consolidating resources and widening their geographical reach, these companies not only enhance their competitive position but also align with global trends in sustainability and corporate responsibility.
Segmentation by Type
- IT Services
- Facility Services
- Consulting
- HR Services
Services Procurement Market Segmentation by Type
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Segmentation by Application
- Procurement
- Finance
- HR
- Operations
- IT Departments
Services Procurement Market Segmentation by Application
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This report also analyzes the market by region, providing insights into geographical differences in market performance.
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia Pacific
Dominating Region
North America
Regional Analysis
- North America leads in service procurement digitalization, followed by the EU due to strict compliance norms and mature vendor ecosystems. Asia-Pacific is emerging fast with increased IT outsourcing and industrial service digitization, especially in India, Singapore, and South Korea.
Market Entropy
- July 2025 – Providers: SAP Fieldglass, Beeline, Coupa are expanding platforms for contingent workforce, consulting, and professional services sourcing. Enterprise buyers demand more visibility, compliance tools, and freelancer engagement capabilities.
Merger & Acquisition
- In February 2024, Accenture acquired Insight Sourcing, adding around 220 sourcing consultants and procurement analytics tools to its supply‑chain advisory services, especially for private equity clients.
Regulatory Landscape
- Regulatory focus is on labor laws, data protection, and anti-bribery compliance related to third-party services. ESG reporting, supplier due diligence, and transparency in public procurement are key priorities in the EU and North America. Governments encourage digital procurement for accountability.
Patent Analysis
- Technology focus includes AI/ML-driven sourcing platforms, smart contract management, and service vendor benchmarking engines. Patent activity is modest, focusing on automation, predictive sourcing analytics, and integration with ERP. Blockchain-based service audit trails are also emerging in niche deployments.
Investment and Funding Scenario
- Venture funding is increasing for platforms offering modular and industry-specific service procurement solutions. Enterprises are investing in digital procurement transformation, with a focus on cloud-based automation, vendor dashboards, and ESG tracking, particularly in regulated sectors like healthcare and finance.
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Report Infographics
| Report Features | Details |
| Base Year | 2025 |
| Based Year Market Size 2025 | 13.7Billion |
| Historical Period | 2020 to 2025 |
| CAGR 2025 to 2033 | 9.80% |
| Forecast Period | 2025 to 2033 |
| Forecasted Period Market Size 2033 | 29.4Billion |
| Scope of the Report | IT Services,Facility Services,Consulting,HR Services, Procurement,Finance,HR,Operations,IT Departments |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Companies Covered | SAP Ariba (Germany),Oracle (US),IBM Emptoris (US),Coupa Software (US),GEP (US),Jaggaer (US),Basware (Finland),Zycus (India),Proactis (UK),Ivalua (US),Workday (US),SynerTrade (France),Determine (US),Scanmarket (Denmark),Tradeshift (US),Precoro (Ukraine),Vortal (Portugal),Capgemini (France),Infosys (India) |
| Customization Scope | 15% Free Customization |
| Delivery Format | PDF and Excel through Email |
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{SIDE TAG Key highlights of the Report}
• CAGR of the market during the forecast period 2025 -2033
• In-depth information on growth factors that will accelerate the Services Procurement market in the next few years.
• Detailed Insights on futuristic trends and changing consumer behavior in Services Procurement .
• Forecast of the Services Procurement market size and its contribution to the parent market by type, application, and by Region and Country.
• A broad view of customer demand in Services Procurement Industry
• Uncover market’s competitive landscape and in-depth information on various players
• Comprehensive information about factors that will challenge the growth of Services Procurement players
• CAGR of the market during the forecast period 2025 -2033
• In-depth information on growth factors that will accelerate the Services Procurement market in the next few years.
• Detailed Insights on futuristic trends and changing consumer behavior in Services Procurement .
• Forecast of the Services Procurement market size and its contribution to the parent market by type, application, and by Region and Country.
• A broad view of customer demand in Services Procurement Industry
• Uncover market’s competitive landscape and in-depth information on various players
• Comprehensive information about factors that will challenge the growth of Services Procurement players
Services Procurement - Table of Contents
Chapter 1: Market Preface
- 1.1 Global Services Procurement Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global Services Procurement Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global Services Procurement Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Outsourcing surge
- 3.1.2 Operational efficiency
- 3.1.3 Cost optimization
- 3.1.4 Demand visibility
-
3.2 Available Opportunities
- 3.2.1 Intelligent automation
- 3.2.2 Blockchain sourcing
- 3.2.3 On-demand procu
-
3.3 Influencing Trends
- 3.3.1 AI-based sourcing
- 3.3.2 Integrated platforms
- 3.3.3 Freelance workforce
-
3.4 Challenges
- 3.4.1 Indirect spend management
- 3.4.2 Vendor risks
- 3.4.3 Platform integratio
- 3.5 Regional Dynamics
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Chapter 4 : Global Services Procurement Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of Services Procurement Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
- 4.9 Impact of Tariff War
Chapter 5: Services Procurement : Competition Benchmarking & Performance Evaluation
- 5.1 Global Services Procurement Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by Services Procurement Revenue 2025
- 5.3 Global Services Procurement Sales Volume by Manufacturers (2025)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 5C’s Analysis
- 5.6 Ansoff Matrix
Chapter 6: Global Services Procurement Market: Company Profiles
- 6.1 SAP Ariba (Germany)
- 6.1.1 SAP Ariba (Germany) Company Overview
- 6.1.2 SAP Ariba (Germany) Product/Service Portfolio & Specifications
- 6.1.3 SAP Ariba (Germany) Key Financial Metrics
- 6.1.4 SAP Ariba (Germany) SWOT Analysis
- 6.1.5 SAP Ariba (Germany) Development Activities
- 6.2 Oracle (US)
- 6.3 IBM Emptoris (US)
- 6.4 Coupa Software (US)
- 6.5 GEP (US)
- 6.6 Jaggaer (US)
- 6.7 Basware (Finland)
- 6.8 Zycus (India)
- 6.9 Proactis (UK)
- 6.10 Ivalua (US)
- 6.11 Workday (US)
- 6.12 SynerTrade (France)
- 6.13 Determine (US)
- 6.14 Scanmarket (Denmark)
- 6.15 Tradeshift (US)
- 6.16 Precoro (Ukraine)
- 6.17 Vortal (Portugal)
- 6.18 Capgemini (France)
- 6.19 Infosys (India)
- 6.20 WNS (India)
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Sectional Purchase
Chapter 7 : Global Services Procurement by Type & Application (2020-2033)
-
7.1 Global Services Procurement Market Revenue Analysis (USD Million) by Type (2020-2025)
- 7.1.1 IT Services
- 7.1.2 Facility Services
- 7.1.3 Consulting
- 7.1.4 HR Services
- 7.1.5 Marketing & Creative Services
-
7.2 Global Services Procurement Market Revenue Analysis (USD Million) by Application (2020-2025)
- 7.2.1 Procurement
- 7.2.2 Finance
- 7.2.3 HR
- 7.2.4 Operations
- 7.2.5 IT Departments
- 7.3 Global Services Procurement Market Revenue Analysis (USD Million) by Type (2025-2033)
- 7.4 Global Services Procurement Market Revenue Analysis (USD Million) by Application (2025-2033)
Chapter 8 : North America Services Procurement Market Breakdown by Country, Type & Application
- 8.1 North America Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 8.2.1 IT Services
- 8.2.2 Facility Services
- 8.2.3 Consulting
- 8.2.4 HR Services
- 8.2.5 Marketing & Creative Services
-
8.3 North America Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 8.3.1 Procurement
- 8.3.2 Finance
- 8.3.3 HR
- 8.3.4 Operations
- 8.3.5 IT Departments
- 8.4 North America Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 8.5 North America Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 8.6 North America Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
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Sectional Purchase
Chapter 9 : LATAM Services Procurement Market Breakdown by Country, Type & Application
- 9.1 LATAM Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 9.2.1 IT Services
- 9.2.2 Facility Services
- 9.2.3 Consulting
- 9.2.4 HR Services
- 9.2.5 Marketing & Creative Services
-
9.3 LATAM Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 9.3.1 Procurement
- 9.3.2 Finance
- 9.3.3 HR
- 9.3.4 Operations
- 9.3.5 IT Departments
- 9.4 LATAM Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 9.5 LATAM Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 9.6 LATAM Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 10 : West Europe Services Procurement Market Breakdown by Country, Type & Application
- 10.1 West Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 10.2.1 IT Services
- 10.2.2 Facility Services
- 10.2.3 Consulting
- 10.2.4 HR Services
- 10.2.5 Marketing & Creative Services
-
10.3 West Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 10.3.1 Procurement
- 10.3.2 Finance
- 10.3.3 HR
- 10.3.4 Operations
- 10.3.5 IT Departments
- 10.4 West Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 10.5 West Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 10.6 West Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 11 : Central & Eastern Europe Services Procurement Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 11.2.1 IT Services
- 11.2.2 Facility Services
- 11.2.3 Consulting
- 11.2.4 HR Services
- 11.2.5 Marketing & Creative Services
-
11.3 Central & Eastern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 11.3.1 Procurement
- 11.3.2 Finance
- 11.3.3 HR
- 11.3.4 Operations
- 11.3.5 IT Departments
- 11.4 Central & Eastern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 11.5 Central & Eastern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 11.6 Central & Eastern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 12 : Northern Europe Services Procurement Market Breakdown by Country, Type & Application
- 12.1 Northern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 12.2.1 IT Services
- 12.2.2 Facility Services
- 12.2.3 Consulting
- 12.2.4 HR Services
- 12.2.5 Marketing & Creative Services
-
12.3 Northern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 12.3.1 Procurement
- 12.3.2 Finance
- 12.3.3 HR
- 12.3.4 Operations
- 12.3.5 IT Departments
- 12.4 Northern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 12.5 Northern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 12.6 Northern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 13 : Southern Europe Services Procurement Market Breakdown by Country, Type & Application
- 13.1 Southern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 13.2.1 IT Services
- 13.2.2 Facility Services
- 13.2.3 Consulting
- 13.2.4 HR Services
- 13.2.5 Marketing & Creative Services
-
13.3 Southern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 13.3.1 Procurement
- 13.3.2 Finance
- 13.3.3 HR
- 13.3.4 Operations
- 13.3.5 IT Departments
- 13.4 Southern Europe Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 13.5 Southern Europe Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 13.6 Southern Europe Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 14 : East Asia Services Procurement Market Breakdown by Country, Type & Application
- 14.1 East Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 14.2.1 IT Services
- 14.2.2 Facility Services
- 14.2.3 Consulting
- 14.2.4 HR Services
- 14.2.5 Marketing & Creative Services
-
14.3 East Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 14.3.1 Procurement
- 14.3.2 Finance
- 14.3.3 HR
- 14.3.4 Operations
- 14.3.5 IT Departments
- 14.4 East Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 14.5 East Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 14.6 East Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 15 : Southeast Asia Services Procurement Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 15.2.1 IT Services
- 15.2.2 Facility Services
- 15.2.3 Consulting
- 15.2.4 HR Services
- 15.2.5 Marketing & Creative Services
-
15.3 Southeast Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 15.3.1 Procurement
- 15.3.2 Finance
- 15.3.3 HR
- 15.3.4 Operations
- 15.3.5 IT Departments
- 15.4 Southeast Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 15.5 Southeast Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 15.6 Southeast Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 16 : South Asia Services Procurement Market Breakdown by Country, Type & Application
- 16.1 South Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 16.2.1 IT Services
- 16.2.2 Facility Services
- 16.2.3 Consulting
- 16.2.4 HR Services
- 16.2.5 Marketing & Creative Services
-
16.3 South Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 16.3.1 Procurement
- 16.3.2 Finance
- 16.3.3 HR
- 16.3.4 Operations
- 16.3.5 IT Departments
- 16.4 South Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 16.5 South Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 16.6 South Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 17 : Central Asia Services Procurement Market Breakdown by Country, Type & Application
- 17.1 Central Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 17.2.1 IT Services
- 17.2.2 Facility Services
- 17.2.3 Consulting
- 17.2.4 HR Services
- 17.2.5 Marketing & Creative Services
-
17.3 Central Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 17.3.1 Procurement
- 17.3.2 Finance
- 17.3.3 HR
- 17.3.4 Operations
- 17.3.5 IT Departments
- 17.4 Central Asia Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 17.5 Central Asia Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 17.6 Central Asia Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 18 : Oceania Services Procurement Market Breakdown by Country, Type & Application
- 18.1 Oceania Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 18.2.1 IT Services
- 18.2.2 Facility Services
- 18.2.3 Consulting
- 18.2.4 HR Services
- 18.2.5 Marketing & Creative Services
-
18.3 Oceania Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 18.3.1 Procurement
- 18.3.2 Finance
- 18.3.3 HR
- 18.3.4 Operations
- 18.3.5 IT Departments
- 18.4 Oceania Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 18.5 Oceania Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 18.6 Oceania Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 19 : MEA Services Procurement Market Breakdown by Country, Type & Application
- 19.1 MEA Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2020-2025]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2020-2025]
- 19.2.1 IT Services
- 19.2.2 Facility Services
- 19.2.3 Consulting
- 19.2.4 HR Services
- 19.2.5 Marketing & Creative Services
-
19.3 MEA Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2020-2025]
- 19.3.1 Procurement
- 19.3.2 Finance
- 19.3.3 HR
- 19.3.4 Operations
- 19.3.5 IT Departments
- 19.4 MEA Services Procurement Market by Country (USD Million) & Sales Volume (Units) [2026-2033]
- 19.5 MEA Services Procurement Market by Type (USD Million) & Sales Volume (Units) [2026-2033]
- 19.6 MEA Services Procurement Market by Application (USD Million) & Sales Volume (Units) [2026-2033]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Services Procurement Market is growing at a steady pace over the last few years and is expected to grow at a CAGR of 9.80% from 2025 to 2033 to reach a market size of 9.80% 29.4 Billion
According to the report,the Services Procurement Industry size is projected to reach 29.4 Billion, exhibiting a CAGR of 9.80% by 2033.
The changing dynamics and trends such as AI-based Sourcing,Integrated Platforms,Freelance Workforce Models,Agile Procurement,ESG-driven Sourcing are seen as major Game Changer in Global Services Procurement Market.
- Outsourcing Surge
- Operational Efficiency
- Cost Optimization
- Demand Visibility
- Procurement Compliance
Some of the major roadblocks that industry players have identified are Indirect Spend Management,Vendor Risks,Platform Integration,Budget Overrun,Fragmented Processes.
The market opportunity is clear from the flow of investment into Global Services Procurement Market, some of them are Intelligent Automation,Blockchain Sourcing,On-demand Procurement Tools,Supplier Analytics,Tail-spend Management.
SAP Ariba (Germany),Oracle (US),IBM Emptoris (US),Coupa Software (US),GEP (US),Jaggaer (US),Basware (Finland),Zycus (India),Proactis (UK),Ivalua (US),Workday (US),SynerTrade (France),Determine (US),Scanmarket (Denmark),Tradeshift (US),Precoro (Ukraine),Vortal (Portugal),Capgemini (France),Infosys (India),WNS (India) are the major operating companies profiled in Services Procurement market study.
The Global Services Procurement Market Study is Broken down by applications such as Procurement,Finance,HR,Operations,IT Departments.
The Global Services Procurement Market Study is segmented by IT Services,Facility Services,Consulting,HR Services,Marketing & Creative Services.
The Global Services Procurement Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - Base year: 2025. Forecast period**: 2025 to 2033 [** unless otherwise stated]
The Services Procurement Market focuses on managing the procurement of contingent labor and outsourced services, covering IT, HR, consulting, and facility services. As organizations increasingly outsource specialized functions, demand for centralized, intelligent procurement platforms rises. The market's growth is fueled by the need for cost transparency, compliance, and scalability. AI-powered vendor selection, real-time analytics, and agile procurement models are reshaping the landscape. While vendor management complexity and indirect spend challenges persist, innovations in smart contracting and ESG-aligned sourcing are creating new growth paths.
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