North America Retail Sourcing And Procurement Market Size, Share & Trends Analysis Report By Deployment, By Component, By Enterprise Size, By Country and Growth Forecast, 2024

List of Tables

The North America Retail Sourcing And Procurement Market would witness market growth of 15.5% CAGR during the forecast period (2024-2031).

The US market dominated the North America Retail Sourcing And Procurement Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,571.2 Million by 2031. The Canada market is experiencing a CAGR of 17.8% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 17% during (2024 - 2031).

This refer to the processes and strategies retailers use to acquire the products and services they sell and the resources needed for business operations. They work together to ensure that retailers can provide customers with desired products at the right time, quality, and price. Integrating digital tools like AI, data analytics, and cloud-based platforms is increasingly transforming sourcing and procurement processes, enabling retailers to make data-driven decisions, optimize costs, and manage complex supply chains more effectively.

The retail sourcing and procurement market is pivotal in modern business operations, enabling retailers to navigate complex supply chains, optimize costs, and deliver quality products to consumers. In a highly competitive climate where customer preferences are always shifting, firms that want to continue to be profitable and relevant are required to employ processes that are efficient in terms of sourcing and procurement.

Traditional retailers in regions like Mexico also invest heavily in sourcing and procurement innovations to keep pace with growing online demand. The Mexican e-commerce market reached USD 26.2 billion in 2022, reflecting a 23% increase from the previous year, as the Mexican Online Sales Association reported. These retailers build robust procurement networks to adapt, allowing greater control over supply chains, from sourcing to order fulfillment. Retailers throughout North America are prioritizing procurement technology that facilitates scalable, adaptable, and responsive supply chains to thrive in the digital era as e-commerce continues to transform the retail sector. Thus, the region will present lucrative growth opportunities to expand the market.

Based on Deployment, the market is segmented into Cloud and On-premise. Based on Component, the market is segmented into Solution (Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay (P2P), and Other Solution Type) and Service (Implementation, Consulting, and Other Service Type). Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

Cegid Group
Epicor Software Corporation
GEP Software
Infor, Inc. (Koch Industries)
IBM Corporation
Ivalua Inc.
Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
Oracle Corporation
SAP SE
Coupa Software, Inc.

North America Retail Sourcing And Procurement Market Report Segmentation

By Deployment

Cloud
On-premise

By Component

Solution
- Strategic Sourcing
- Supplier Management
- Contract Management
- Procure-to-Pay (P2P)
- Other Solution Type
Service
- Implementation
- Consulting
- Other Service Type

By Enterprise Size

Large Enterprises
Small & Medium Enterprises

By Country

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America Retail Sourcing And Procurement Market, by Deployment
- 1.4.2 North America Retail Sourcing And Procurement Market, by Component
- 1.4.3 North America Retail Sourcing And Procurement Market, by Enterprise Size
- 1.4.4 North America Retail Sourcing And Procurement Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global

4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
- 4.2.1 Partnerships, Collaborations and Agreements
- 4.2.2 Product Launches and Product Expansions
- 4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
- 4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
- 4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2020, Dec - 2024, Jun) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. North America Retail Sourcing And Procurement Market by Deployment

5.1 North America Cloud Market by Region
5.2 North America On-premise Market by Region

Chapter 6. North America Retail Sourcing And Procurement Market by Component

6.1 North America Solution Market by Country
6.2 North America Retail Sourcing And Procurement Market by Solution Type
- 6.2.1 North America Strategic Sourcing Market by Country
- 6.2.2 North America Supplier Management Market by Country
- 6.2.3 North America Contract Management Market by Country
- 6.2.4 North America Procure-to-Pay (P2P) Market by Country
- 6.2.5 North America Other Solution Type Market by Country
6.3 North America Service Market by Country
6.4 North America Retail Sourcing And Procurement Market by Service Type
- 6.4.1 North America Implementation Market by Country
- 6.4.2 North America Consulting Market by Country
- 6.4.3 North America Other Service Type Market by Country

Chapter 7. North America Retail Sourcing And Procurement Market by Enterprise Size

7.1 North America Large Enterprises Market by Country
7.2 North America Small & Medium Enterprises Market by Country

Chapter 8. North America Retail Sourcing And Procurement Market by Country

8.1 US Retail Sourcing And Procurement Market
- 8.1.1 US Retail Sourcing And Procurement Market by Deployment
- 8.1.2 US Retail Sourcing And Procurement Market by Component
  - 8.1.2.1 US Retail Sourcing And Procurement Market by Solution Type
  - 8.1.2.2 US Retail Sourcing And Procurement Market by Service Type
- 8.1.3 US Retail Sourcing And Procurement Market by Enterprise Size
8.2 Canada Retail Sourcing And Procurement Market
- 8.2.1 Canada Retail Sourcing And Procurement Market by Deployment
- 8.2.2 Canada Retail Sourcing And Procurement Market by Component
  - 8.2.2.1 Canada Retail Sourcing And Procurement Market by Solution Type
  - 8.2.2.2 Canada Retail Sourcing And Procurement Market by Service Type
- 8.2.3 Canada Retail Sourcing And Procurement Market by Enterprise Size
8.3 Mexico Retail Sourcing And Procurement Market
- 8.3.1 Mexico Retail Sourcing And Procurement Market by Deployment
- 8.3.2 Mexico Retail Sourcing And Procurement Market by Component
  - 8.3.2.1 Mexico Retail Sourcing And Procurement Market by Solution Type
  - 8.3.2.2 Mexico Retail Sourcing And Procurement Market by Service Type
- 8.3.3 Mexico Retail Sourcing And Procurement Market by Enterprise Size
8.4 Rest of North America Retail Sourcing And Procurement Market
- 8.4.1 Rest of North America Retail Sourcing And Procurement Market by Deployment
- 8.4.2 Rest of North America Retail Sourcing And Procurement Market by Component
  - 8.4.2.1 Rest of North America Retail Sourcing And Procurement Market by Solution Type
  - 8.4.2.2 Rest of North America Retail Sourcing And Procurement Market by Service Type
- 8.4.3 Rest of North America Retail Sourcing And Procurement Market by Enterprise Size

Chapter 9. Company Profiles

9.1 Cegid Group
- 9.1.1 Company Overview
- 9.1.2 Recent strategies and developments:
  - 9.1.2.1 Partnerships, Collaborations, and Agreements:
- 9.1.3 SWOT Analysis
9.2 Epicor Software Corporation
- 9.2.1 Company Overview
- 9.2.2 Recent strategies and developments:
  - 9.2.2.1 Acquisition and Mergers:
9.3 GEP Software
- 9.3.1 Company Overview
- 9.3.2 Recent strategies and developments:
  - 9.3.2.1 Product Launches and Product Expansions:
  - 9.3.2.2 Acquisition and Mergers:
9.4 Infor, Inc. (Koch Industries)
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
  - 9.4.2.1 Product Launches and Product Expansions:
- 9.4.3 SWOT Analysis
9.5 IBM Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Regional & Segmental Analysis
- 9.5.4 Research & Development Expenses
- 9.5.5 Recent strategies and developments:
  - 9.5.5.1 Partnerships, Collaborations, and Agreements:
- 9.5.6 SWOT Analysis
9.6 Ivalua Inc.
- 9.6.1 Company Overview
- 9.6.2 Recent strategies and developments:
  - 9.6.2.1 Product Launches and Product Expansions:
9.7 Blue Yonder Group, Inc. (Panasonic Holdings Corporation)
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expenses
- 9.7.5 Recent strategies and developments:
  - 9.7.5.1 Product Launches and Product Expansions:
  - 9.7.5.2 Acquisition and Mergers:
- 9.7.6 SWOT Analysis
9.8 Oracle Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 Recent strategies and developments:
  - 9.8.5.1 Product Launches and Product Expansions:
- 9.8.6 SWOT Analysis
9.9 SAP SE
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expense
- 9.9.5 Recent strategies and developments:
  - 9.9.5.1 Product Launches and Product Expansions:
- 9.9.6 SWOT Analysis
9.10. Coupa Software, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional & Segmental Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 Recent strategies and developments:
  - 9.10.5.1 Product Launches and Product Expansions:
  - 9.10.5.2 Acquisition and Mergers:

LIST OF TABLES

TABLE 1 North America Retail Sourcing And Procurement Market, 2020 - 2023, USD Million
TABLE 2 North America Retail Sourcing And Procurement Market, 2024 - 2031, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Retail Sourcing And Procurement Market
TABLE 4 Product Launches And Product Expansions- Retail Sourcing And Procurement Market
TABLE 5 Acquisition and Mergers- Retail Sourcing And Procurement Market
TABLE 6 North America Retail Sourcing And Procurement Market by Deployment, 2020 - 2023, USD Million
TABLE 7 North America Retail Sourcing And Procurement Market by Deployment, 2024 - 2031, USD Million
TABLE 8 North America Cloud Market by Region, 2020 - 2023, USD Million
TABLE 9 North America Cloud Market by Region, 2024 - 2031, USD Million
TABLE 10 North America On-premise Market by Region, 2020 - 2023, USD Million
TABLE 11 North America On-premise Market by Region, 2024 - 2031, USD Million
TABLE 12 North America Retail Sourcing And Procurement Market by Component, 2020 - 2023, USD Million
TABLE 13 North America Retail Sourcing And Procurement Market by Component, 2024 - 2031, USD Million
TABLE 14 North America Solution Market by Country, 2020 - 2023, USD Million
TABLE 15 North America Solution Market by Country, 2024 - 2031, USD Million
TABLE 16 North America Retail Sourcing And Procurement Market by Solution Type, 2020 - 2023, USD Million
TABLE 17 North America Retail Sourcing And Procurement Market by Solution Type, 2024 - 2031, USD Million
TABLE 18 North America Strategic Sourcing Market by Country, 2020 - 2023, USD Million
TABLE 19 North America Strategic Sourcing Market by Country, 2024 - 2031, USD Million
TABLE 20 North America Supplier Management Market by Country, 2020 - 2023, USD Million
TABLE 21 North America Supplier Management Market by Country, 2024 - 2031, USD Million
TABLE 22 North America Contract Management Market by Country, 2020 - 2023, USD Million
TABLE 23 North America Contract Management Market by Country, 2024 - 2031, USD Million
TABLE 24 North America Procure-to-Pay (P2P) Market by Country, 2020 - 2023, USD Million
TABLE 25 North America Procure-to-Pay (P2P) Market by Country, 2024 - 2031, USD Million
TABLE 26 North America Other Solution Type Market by Country, 2020 - 2023, USD Million
TABLE 27 North America Other Solution Type Market by Country, 2024 - 2031, USD Million
TABLE 28 North America Service Market by Country, 2020 - 2023, USD Million
TABLE 29 North America Service Market by Country, 2024 - 2031, USD Million
TABLE 30 North America Retail Sourcing And Procurement Market by Service Type, 2020 - 2023, USD Million
TABLE 31 North America Retail Sourcing And Procurement Market by Service Type, 2024 - 2031, USD Million
TABLE 32 North America Implementation Market by Country, 2020 - 2023, USD Million
TABLE 33 North America Implementation Market by Country, 2024 - 2031, USD Million
TABLE 34 North America Consulting Market by Country, 2020 - 2023, USD Million
TABLE 35 North America Consulting Market by Country, 2024 - 2031, USD Million
TABLE 36 North America Other Service Type Market by Country, 2020 - 2023, USD Million
TABLE 37 North America Other Service Type Market by Country, 2024 - 2031, USD Million
TABLE 38 North America Retail Sourcing And Procurement Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 39 North America Retail Sourcing And Procurement Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 40 North America Large Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 41 North America Large Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 42 North America Small & Medium Enterprises Market by Country, 2020 - 2023, USD Million
TABLE 43 North America Small & Medium Enterprises Market by Country, 2024 - 2031, USD Million
TABLE 44 North America Retail Sourcing And Procurement Market by Country, 2020 - 2023, USD Million
TABLE 45 North America Retail Sourcing And Procurement Market by Country, 2024 - 2031, USD Million
TABLE 46 US Retail Sourcing And Procurement Market, 2020 - 2023, USD Million
TABLE 47 US Retail Sourcing And Procurement Market, 2024 - 2031, USD Million
TABLE 48 US Retail Sourcing And Procurement Market by Deployment, 2020 - 2023, USD Million
TABLE 49 US Retail Sourcing And Procurement Market by Deployment, 2024 - 2031, USD Million
TABLE 50 US Retail Sourcing And Procurement Market by Component, 2020 - 2023, USD Million
TABLE 51 US Retail Sourcing And Procurement Market by Component, 2024 - 2031, USD Million
TABLE 52 US Retail Sourcing And Procurement Market by Solution Type, 2020 - 2023, USD Million
TABLE 53 US Retail Sourcing And Procurement Market by Solution Type, 2024 - 2031, USD Million
TABLE 54 US Retail Sourcing And Procurement Market by Service Type, 2020 - 2023, USD Million
TABLE 55 US Retail Sourcing And Procurement Market by Service Type, 2024 - 2031, USD Million
TABLE 56 US Retail Sourcing And Procurement Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 57 US Retail Sourcing And Procurement Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 58 Canada Retail Sourcing And Procurement Market, 2020 - 2023, USD Million
TABLE 59 Canada Retail Sourcing And Procurement Market, 2024 - 2031, USD Million
TABLE 60 Canada Retail Sourcing And Procurement Market by Deployment, 2020 - 2023, USD Million
TABLE 61 Canada Retail Sourcing And Procurement Market by Deployment, 2024 - 2031, USD Million
TABLE 62 Canada Retail Sourcing And Procurement Market by Component, 2020 - 2023, USD Million
TABLE 63 Canada Retail Sourcing And Procurement Market by Component, 2024 - 2031, USD Million
TABLE 64 Canada Retail Sourcing And Procurement Market by Solution Type, 2020 - 2023, USD Million
TABLE 65 Canada Retail Sourcing And Procurement Market by Solution Type, 2024 - 2031, USD Million
TABLE 66 Canada Retail Sourcing And Procurement Market by Service Type, 2020 - 2023, USD Million
TABLE 67 Canada Retail Sourcing And Procurement Market by Service Type, 2024 - 2031, USD Million
TABLE 68 Canada Retail Sourcing And Procurement Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 69 Canada Retail Sourcing And Procurement Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 70 Mexico Retail Sourcing And Procurement Market, 2020 - 2023, USD Million
TABLE 71 Mexico Retail Sourcing And Procurement Market, 2024 - 2031, USD Million
TABLE 72 Mexico Retail Sourcing And Procurement Market by Deployment, 2020 - 2023, USD Million
TABLE 73 Mexico Retail Sourcing And Procurement Market by Deployment, 2024 - 2031, USD Million
TABLE 74 Mexico Retail Sourcing And Procurement Market by Component, 2020 - 2023, USD Million
TABLE 75 Mexico Retail Sourcing And Procurement Market by Component, 2024 - 2031, USD Million
TABLE 76 Mexico Retail Sourcing And Procurement Market by Solution Type, 2020 - 2023, USD Million
TABLE 77 Mexico Retail Sourcing And Procurement Market by Solution Type, 2024 - 2031, USD Million
TABLE 78 Mexico Retail Sourcing And Procurement Market by Service Type, 2020 - 2023, USD Million
TABLE 79 Mexico Retail Sourcing And Procurement Market by Service Type, 2024 - 2031, USD Million
TABLE 80 Mexico Retail Sourcing And Procurement Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 81 Mexico Retail Sourcing And Procurement Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 82 Rest of North America Retail Sourcing And Procurement Market, 2020 - 2023, USD Million
TABLE 83 Rest of North America Retail Sourcing And Procurement Market, 2024 - 2031, USD Million
TABLE 84 Rest of North America Retail Sourcing And Procurement Market by Deployment, 2020 - 2023, USD Million
TABLE 85 Rest of North America Retail Sourcing And Procurement Market by Deployment, 2024 - 2031, USD Million
TABLE 86 Rest of North America Retail Sourcing And Procurement Market by Component, 2020 - 2023, USD Million
TABLE 87 Rest of North America Retail Sourcing And Procurement Market by Component, 2024 - 2031, USD Million
TABLE 88 Rest of North America Retail Sourcing And Procurement Market by Solution Type, 2020 - 2023, USD Million
TABLE 89 Rest of North America Retail Sourcing And Procurement Market by Solution Type, 2024 - 2031, USD Million
TABLE 90 Rest of North America Retail Sourcing And Procurement Market by Service Type, 2020 - 2023, USD Million
TABLE 91 Rest of North America Retail Sourcing And Procurement Market by Service Type, 2024 - 2031, USD Million
TABLE 92 Rest of North America Retail Sourcing And Procurement Market by Enterprise Size, 2020 - 2023, USD Million
TABLE 93 Rest of North America Retail Sourcing And Procurement Market by Enterprise Size, 2024 - 2031, USD Million
TABLE 94 Key Information - Cegid Group
TABLE 95 Key Information - Epicor Software Corporation
TABLE 96 Key Information - GEP Software
TABLE 97 Key Information - Infor, Inc.
TABLE 98 Key Information - IBM Corporation
TABLE 99 Key Information - Ivalua Inc.
TABLE 100 Key Information - Blue Yonder Group, Inc.
TABLE 101 Key Information - Oracle Corporation
TABLE 102 Key Information - SAP SE
TABLE 103 Key information - Coupa Software, Inc.

North America Retail Sourcing And Procurement Market Size, Share & Trends Analysis Report By Deployment, By Component, By Enterprise Size, By Country and Growth Forecast, 2024 - 2031

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