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Retail Sourcing And Procurement Global Market By Solution type, By Service Type, By Deployment Type, By End-User Type, Opportunity And Forecast 2023-2032 | SAP SE, Oracle, IBM Corporation, Epicor, Proactis Holdings PLC.
Retail Sourcing And Procurement Market
Retail Sourcing And Procurement Market Size, Growth Rate, And Forecast
The global retail sourcing and procurement market size grew from $4.37 billion in 2022 to $5.03 billion in 2023 at a compound annual growth rate (CAGR) of 15.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The retail sourcing and procurement market size is expected to grow to $8.21 billion in 2027 at a CAGR of 13.0%.
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Retail Sourcing And Procurement Market Drivers
The increasing digitalization is expected to propel the growth of the retail sourcing and procurement market going forward. Digitalization is referred to as creating a digital representation of physical attributes. Digitalization in retail sourcing and procurement helps the market by providing digital solutions.
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Retail Sourcing And Procurement Market Segments
• By Solution: Strategic Sourcing, Supplier Management, Contract Management, Procure-to-Pay, Spend Analysis
• By Service: Implementation, Consulting, Training and Support
• By Deployment: On-Premise, Hybrid, Cloud
• By End-User: Small and Medium Enterprise (SME), Large Enterprise
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Retail Sourcing And Procurement market.
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Retail Sourcing And Procurement Market Key Players
Major players in the Retail Sourcing And Procurement market are SAP SE, Oracle, IBM Corporation, Epicor, Proactis Holdings PLC., Zycus Inc., Blue Yonder Group Inc., Basware, Koch Industries Inc., Ivalua Inc., and GT Nexus.
The Business Research Company's "Global Retail Sourcing And Procurement Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The Retail Sourcing And Procurement Market Include:
1. Executive Summary
2. Retail Sourcing And Procurement Market Characteristics
3. Retail Sourcing And Procurement Market Trends And Strategies
4. Retail Sourcing And Procurement Market - Macro Economic Scenario
5. Retail Sourcing And Procurement Market Size And Growth
.....
26. Africa Retail Sourcing And Procurement Market
27. Retail Sourcing And Procurement Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Retail Sourcing And Procurement Market
29. Retail Sourcing And Procurement Market Future Outlook and Potential Analysis
30. Appendix
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- India Consumer Electronics & Home Appliances Exhibition
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* The Mega 3-In-1 International Sourcing Fair will take place at the Bombay Exhibition Centre (BEC), Goregaon East, Mumbai, from November 22-24, 2018.
* Presenting quality international suppliers for Home Décor, Consumer Electronics & Appliances and other markets at your doorstep.
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