Global Digitalization of Procurement Market Growth (Status and Outlook) 2025-2031

The global Digitalization of Procurement market size is predicted to grow from US$ 2074 million in 2025 to US$ 3104 million in 2031; it is expected to grow at a CAGR of 7.0% from 2025 to 2031.

United States market for Digitalization of Procurement is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Digitalization of Procurement is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Digitalization of Procurement is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Digitalization of Procurement players cover Icertis, Basware, Capgeimini, Epicor, GEP, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LPI (LP Information)' newest research report, the “Digitalization of Procurement Industry Forecast” looks at past sales and reviews total world Digitalization of Procurement sales in 2024, providing a comprehensive analysis by region and market sector of projected Digitalization of Procurement sales for 2025 through 2031. With Digitalization of Procurement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digitalization of Procurement industry.

This Insight Report provides a comprehensive analysis of the global Digitalization of Procurement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Digitalization of Procurement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digitalization of Procurement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digitalization of Procurement and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digitalization of Procurement.

This report presents a comprehensive overview, market shares, and growth opportunities of Digitalization of Procurement market by product type, application, key players and key regions and countries.

Segmentation by Type:
Software
Platform

Segmentation by Application:
Large Enterprises
Small and Medium Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Icertis
Basware
Capgeimini
Epicor
GEP
IBM
JAGGAER
Coupa Software
Oracle
SAP
Procurify
Precoro
Tradogram
Bellwether Software
Pipefy
Prokuria
RFP360
Procurement Express
Kissflow
Fraxion

Please note: The report will take approximately 2 business days to prepare and deliver.