India Procurement As A Service Market Size & Outlook
The procurement as a service market in India is expected to reach a projected revenue of US$ 947.8 million by 2033. A compound annual growth rate of 13.7% is expected of India procurement as a service market from 2026 to 2033.
Revenue, 2025 (US$M)
$346.9
Estimate, 2026 (US$M)
$386.3
Forecast, 2033 (US$M)
$947.8
CAGR, 2026 - 2033
13.7%
Global Market
Related Markets
India procurement as a service market highlights
- The India procurement as a service market generated a revenue of USD 346.9 million in 2025 and is expected to reach USD 947.8 million by 2033.
- The India market is expected to grow at a CAGR of 13.7% from 2026 to 2033.
- In terms of segment, strategic sourcing was the largest revenue generating component in 2025.
- Transaction Management is the most lucrative component segment registering the fastest growth during the forecast period.
Procurement as a service market data book summary
| Market revenue in 2025 | USD 346.9 million |
| Market revenue in 2033 | USD 947.8 million |
| Growth rate | 13.7% (CAGR from 2026 to 2033) |
| Largest segment | Strategic sourcing |
| Fastest growing segment | Transaction Management |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Strategic Sourcing, Spend Management, Process Management, Category Management, Contract Management, Transaction Management |
| Key market players worldwide | Accenture PLC Class A, Aegis Components, Capgemini SE, Genpact Ltd, GEP, HCL Technologies, Infosys Ltd ADR, Tata Consultancy Services, Wipro Ltd ADR, WNS (Holdings) Ltd, International Business Machines Corp |
Other key industry trends
- In terms of revenue, India accounted for 4.7% of the global procurement as a service market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, India procurement as a service market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 947.8 million by 2033.
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Publish Date: Feb 02, 2026
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Procurement As A Service Market Scope
Procurement As A Service Market segmentation & scope
Procurement As A Service Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| International Business Machines Corp | View profile | 282,200 | One New Orchard Road, Armonk, NY, United States, 10504 | www.ibm.com |
| Wipro Ltd ADR | View profile | 244,707 | Sarjapur Road, Doddakannelli, Bangalore, KA, India, 560 035 | www.wipro.com |
| Accenture PLC Class A | View profile | 742,000 | 1 Grand Canal Square, Grand Canal Harbour, Dublin, Ireland, 2 | www.accenture.com |
| HCL Technologies | View profile | 10001+ | Noida, Uttar Pradesh, India, Asia | www.hcltech.com |
| Genpact Ltd | View profile | 131,000 | 22 Victoria Street, Canon's Court, Hamilton, Bermuda, HM 12 | www.genpact.com |
| Infosys Ltd ADR | View profile | 322,663 | 44, Infosys Avenue, Hosur Road, Electronics City, Bengaluru, KA, India, 560 100 | www.infosys.com |
| Capgemini SE | View profile | 340,400 | 11 rue de Tilsitt, Paris, France, 75017 | www.capgemini.com |
| Tata Consultancy Services | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | www.tcs.com |
| GEP | View profile | 1001-5000 | Clark, New Jersey, United States, North America | www.gep.com |
| WNS (Holdings) Ltd | View profile | 60,125 | Gate No. 4, Godrej & Boyce Complex, Plant No. 10/11, Pirojshanagar, Vikhroli (West), Mumbai, MH, India, 400 079 | www.wns.com |
India Procurement As A Service 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 Procurement As A Service Market Outlook will help companies and investors design strategic landscapes.
Strategic Sourcing was the largest segment with a revenue share of 36.0% in 2025.
Horizon Databook has segmented the India procurement as a service market based on strategic sourcing, spend management, process management, category management, contract management, transaction management covering the revenue growth of each sub-segment from 2021 to 2033.
- India Procurement As A Service Market Component Outlook (Revenue, USD Million , 2021-2033)
- Strategic Sourcing
- Spend Management
- Process Management
- Category Management
- Contract Management
- Transaction Management
- India Procurement As A Service Market Organization Outlook (Revenue, USD Million , 2021-2033)
- SMEs
- Large Enterprises
- India Procurement As A Service Market Vertical Outlook (Revenue, USD Million , 2021-2033)
- BFSI
- Manufacturing
- Retail
- IT & Telecom
- Healthcare
- Others
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Horizon Databook provides a detailed overview of country-level data and insights on the India Procurement As A Service Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into India Procurement As A Service Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
India Procurement As A Service Market, 2021-2033 (US$M)
India procurement as a service market statistics, by component, 2021-2033 (US$M)
