GITNUXREPORT 2025

Procurement Industry Statistics

Procurement industry rapidly adopts digital, AI, and sustainability strategies globally.

Jannik Linder

Co-Founder of Gitnux, specialized in content and tech since 2016.

First published: April 29, 2025

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Statistic 1

Companies with digital procurement strategies see a 15% cost reduction on average

Statistic 2

78% of procurement professionals believe data analytics improves decision-making

Statistic 3

81% of procurement professionals agree digital tools have improved transparency

Statistic 4

60% of organizations plan to invest more in procurement technology over the next 2 years

Statistic 5

65% of procurement firms report that supplier collaboration platforms have improved their operational efficiency

Statistic 6

43% of procurement activities are now conducted fully online

Statistic 7

50% of procurement data is unstructured, making analysis more difficult

Statistic 8

74% of procurement leaders expect to see measurable cost savings from digital transformation initiatives

Statistic 9

70% of procurement professionals agree that real-time data analytics improves supplier relationship management

Statistic 10

The global procurement market size was valued at approximately $10.4 trillion in 2022

Statistic 11

The global eProcurement market is projected to reach $7.3 billion by 2027

Statistic 12

The procurement outsourcing market was valued at approximately $105 billion in 2022

Statistic 13

The supply chain finance market is expected to reach $24 billion by 2025

Statistic 14

The global spend on procurement technology was estimated to be $7.2 billion in 2023

Statistic 15

70% of organizations say procurement is a strategic function

Statistic 16

55% of procurement leaders cite supplier risk management as their top priority

Statistic 17

The average procurement cycle time has decreased by 20% over the past 3 years

Statistic 18

65% of procurement professionals report challenges with supplier collaboration

Statistic 19

62% of procurement leaders plan to increase their spend on supply chain sustainability initiatives

Statistic 20

73% of procurement organizations face challenges with supplier onboarding

Statistic 21

58% of procurement organizations report that supplier diversity initiatives are improving their procurement sustainability

Statistic 22

70% of organizations experience supply delays due to supplier issues

Statistic 23

The average procurement savings achieved through strategic sourcing is approximately 10-15%

Statistic 24

48% of procurement managers are concerned about geopolitical risks affecting their supply chain

Statistic 25

54% of organizations have adopted sustainability metrics within procurement decisions

Statistic 26

40% of procurement professionals believe remote sourcing is more effective post-pandemic

Statistic 27

48% of procurement professionals say that integrating sustainability into supplier evaluation has increased competition among suppliers

Statistic 28

72% of organizations believe that procurement can significantly influence overall corporate sustainability goals

Statistic 29

69% of procurement organizations plan to expand their vendor networks in the next 5 years

Statistic 30

55% of procurement departments are integrating sustainability metrics into supplier performance evaluations

Statistic 31

The procurement talent gap is projected to reach 30% by 2025 in some regions

Statistic 32

50% of procurement departments report difficulty in measuring procurement ROI

Statistic 33

65% of procurement leaders report a lack of skilled talent as a barrier to digital transformation

Statistic 34

The adoption rate of eProcurement systems is expected to reach 64% globally by 2025

Statistic 35

80% of procurement organizations plan to increase their use of artificial intelligence in the next 2 years

Statistic 36

45% of procurement organizations have fully automated their purchase order process

Statistic 37

60% of procurement spend is now managed through cloud solutions

Statistic 38

The percentage of direct spend managed electronically increased from 32% in 2019 to 55% in 2023

Statistic 39

40% of procurement teams are using blockchain to increase transparency in supplier transactions

Statistic 40

The use of AI in procurement is expected to reduce procurement costs by up to 20%

Statistic 41

66% of procurement leaders plan to increase automation in their procurement processes

Statistic 42

55% of procurement departments now use predictive analytics to forecast market trends

Statistic 43

77% of procurement teams have adopted or plan to adopt digital signatures for contracts

Statistic 44

54% of procurement organizations are leveraging data from IoT devices to improve supply chain visibility

Statistic 45

54% of organizations view automation as the key driver for procurement efficiency

Statistic 46

33% of procurement organizations are planning to increase their spend on AI-based solutions in the next 2 years

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Key Highlights

The global procurement market size was valued at approximately $10.4 trillion in 2022
70% of organizations say procurement is a strategic function
The adoption rate of eProcurement systems is expected to reach 64% globally by 2025
80% of procurement organizations plan to increase their use of artificial intelligence in the next 2 years
55% of procurement leaders cite supplier risk management as their top priority
The average procurement cycle time has decreased by 20% over the past 3 years
65% of procurement professionals report challenges with supplier collaboration
45% of procurement organizations have fully automated their purchase order process
Companies with digital procurement strategies see a 15% cost reduction on average
78% of procurement professionals believe data analytics improves decision-making
The procurement talent gap is projected to reach 30% by 2025 in some regions
60% of procurement spend is now managed through cloud solutions
50% of procurement departments report difficulty in measuring procurement ROI

The procurement industry is on the brink of a digital revolution, with market values soaring to over $10 trillion, a rapidly growing adoption of innovative technologies like AI, blockchain, and cloud solutions, and a strategic shift towards sustainability and supplier collaboration—signaling a transformative era that promises increased efficiency, cost savings, and resilience in global supply chains.

Digital Transformation and Strategies

Companies with digital procurement strategies see a 15% cost reduction on average
78% of procurement professionals believe data analytics improves decision-making
81% of procurement professionals agree digital tools have improved transparency
60% of organizations plan to invest more in procurement technology over the next 2 years
65% of procurement firms report that supplier collaboration platforms have improved their operational efficiency
43% of procurement activities are now conducted fully online
50% of procurement data is unstructured, making analysis more difficult
74% of procurement leaders expect to see measurable cost savings from digital transformation initiatives
70% of procurement professionals agree that real-time data analytics improves supplier relationship management

Digital Transformation and Strategies Interpretation

As digital procurement accelerates, with over 75% of professionals touting improved decision-making, transparency, and cost savings, it's clear that embracing technological tools isn't just optional—it's the strategic path to turning data chaos into competitive advantage in an increasingly online, analytics-driven marketplace.

Market Size and Growth

The global procurement market size was valued at approximately $10.4 trillion in 2022
The global eProcurement market is projected to reach $7.3 billion by 2027
The procurement outsourcing market was valued at approximately $105 billion in 2022
The supply chain finance market is expected to reach $24 billion by 2025
The global spend on procurement technology was estimated to be $7.2 billion in 2023

Market Size and Growth Interpretation

With a staggering $10.4 trillion in global procurement and burgeoning markets in eProcurement, outsourcing, and supply chain finance, it's clear that businesses are investing more in smart procurement strategies — because in today's economy, it's not just about spending, but spending wisely at scale.

Supply Chain and Risk Management

70% of organizations say procurement is a strategic function
55% of procurement leaders cite supplier risk management as their top priority
The average procurement cycle time has decreased by 20% over the past 3 years
65% of procurement professionals report challenges with supplier collaboration
62% of procurement leaders plan to increase their spend on supply chain sustainability initiatives
73% of procurement organizations face challenges with supplier onboarding
58% of procurement organizations report that supplier diversity initiatives are improving their procurement sustainability
70% of organizations experience supply delays due to supplier issues
The average procurement savings achieved through strategic sourcing is approximately 10-15%
48% of procurement managers are concerned about geopolitical risks affecting their supply chain
54% of organizations have adopted sustainability metrics within procurement decisions
40% of procurement professionals believe remote sourcing is more effective post-pandemic
48% of procurement professionals say that integrating sustainability into supplier evaluation has increased competition among suppliers
72% of organizations believe that procurement can significantly influence overall corporate sustainability goals
69% of procurement organizations plan to expand their vendor networks in the next 5 years
55% of procurement departments are integrating sustainability metrics into supplier performance evaluations

Supply Chain and Risk Management Interpretation

With 70% of organizations now viewing procurement as strategic, yet facing hurdles like supplier delays and onboarding challenges, it's clear that while smarter sourcing promises 10-15% savings and greener supply chains, navigating global risks and fostering collaboration remains the procurement team's ultimate balancing act—making sustainability, risk management, and innovation the new playing fields of corporate success.

Talent, Skills, and Organizational Challenges

The procurement talent gap is projected to reach 30% by 2025 in some regions
50% of procurement departments report difficulty in measuring procurement ROI
65% of procurement leaders report a lack of skilled talent as a barrier to digital transformation

Talent, Skills, and Organizational Challenges Interpretation

With a looming 30% talent gap and over half of procurement teams struggling to prove ROI amid digital ambitions, the industry faces a critical crossroads where talent shortages threaten to derail future innovation and measurable success.

Technology Adoption and Innovation

The adoption rate of eProcurement systems is expected to reach 64% globally by 2025
80% of procurement organizations plan to increase their use of artificial intelligence in the next 2 years
45% of procurement organizations have fully automated their purchase order process
60% of procurement spend is now managed through cloud solutions
The percentage of direct spend managed electronically increased from 32% in 2019 to 55% in 2023
40% of procurement teams are using blockchain to increase transparency in supplier transactions
The use of AI in procurement is expected to reduce procurement costs by up to 20%
66% of procurement leaders plan to increase automation in their procurement processes
55% of procurement departments now use predictive analytics to forecast market trends
77% of procurement teams have adopted or plan to adopt digital signatures for contracts
54% of procurement organizations are leveraging data from IoT devices to improve supply chain visibility
54% of organizations view automation as the key driver for procurement efficiency
33% of procurement organizations are planning to increase their spend on AI-based solutions in the next 2 years

Technology Adoption and Innovation Interpretation

As procurement accelerates into the digital age—embracing AI, blockchain, and cloud solutions to slash costs, boost transparency, and predict market trends—it's clear that the future of purchasing is not only smarter but undeniably more automation-driven, with nearly two-thirds of organizations set to deepen their digital transformation by 2025.