Procurement Consulting Services Market size was valued at USD 15.4 Billion in 2024 and is projected to reach USD 34.2 Billion by 2033, exhibiting a CAGR of 9.5% from 2026 to 2033.
In 2022, the global Procurement Consulting Services market was valued at approximately USD 6.19 billion, with projections indicating growth to USD 9.33 billion by 2030, reflecting a compound annual growth rate (CAGR) of 6.0% from 2024 to 2030. North America led the market, accounting for 37.2% of the global share, driven by the strong presence of established firms and the increasing adoption of digital procurement solutions. Europe followed with a 25.6% share, influenced by stringent regulatory frameworks and a focus on sustainable supply chain practices. The Asia Pacific region captured 31.5% of the market, characterized by rapid industrialization and a shift towards digital transformation in procurement processes. The markets growth is fueled by the increasing complexity of global supply chains, technological advancements, and businesses emphasis on cost optimization and efficiency. The Asia Pacific region is expected to experience the fastest growth, with a projected annual growth rate of 9%, particularly in China and India, due to expanding economies and a heightened focus on supply chain optimization. Opportunities in the market include the adoption of digital procurement solutions, supply chain optimization, risk mitigation, and a focus on sustainability initiatives.
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Accenture
Anderson MacGyver
Bain & Company
Deloitte
Efficio
Gartner
GEP Worldwide
Infosys
Kepler
Kronos Group
McKinsey & Company
Oliver Wyman
PwC
The Hackett Group
VIE Healthcare Consulting
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Procurement Consulting Services Market
Strategic Sourcing
Supplier Management
Category Management
Procurement Process Optimization
Contract Management
Spend Analysis
Manufacturing
Retail
Healthcare
IT & Telecommunications
Energy & Utilities
Government
Automotive
Financial Services
On-Premises
Cloud-Based
Large Enterprises
Small & Medium Enterprises (SMEs)
On-Site
Remote/Off-Site
Hybrid
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Procurement Consulting Services Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Procurement Consulting Services Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Procurement Consulting Services Market, By Type
6. Global Procurement Consulting Services Market, By Application
7. Global Procurement Consulting Services Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Procurement Consulting Services Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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