Procurement is generating demand and risk in the same breath, with supply chain disruption shaping day to day operations for 93% of procurement organizations. At the same time, 46% of buyers say they’ve hit supplier disruptions in just the past 12 months, while visibility into suppliers is a top priority for 46% of procurement leaders. Against that pressure, modern procurement is shifting toward analytics, eProcurement, and stronger compliance, and the dataset gets even more revealing when you look at how much spend and capability are moving.
Key Takeaways
- 13.6% of U.S. total government procurement spending was spent on information technology (IT) in FY 2023, indicating IT is a substantial share of procurement demand
- In FY 2023, the U.S. federal government awarded about $775 billion in contracts, orders, and other procurement actions (USASpending scope)
- 93% of procurement organizations say that supply chain disruptions have had a significant impact on operations in recent years (survey evidence compiled by Gartner in its supply chain risk research)
- 74% of buyers reported they have encountered supplier disruptions in the past 12 months (Coupa procurement sentiment survey, buyer disruption experience)
- 46% of procurement leaders say that visibility into suppliers is a top priority (as reported in a procurement technology research briefing by Spend Matters)
- EU public authorities must award contracts based on transparency principles including publication of contract notices; TED transparency ensures visibility for procurement awards (Directive publication obligation quantified by notice categories)
- In 2023, 71% of organizations used formal supplier scorecards to manage performance (Procurement Leaders/industry survey result)
- FAR Part 15 requires evaluation factors and can include price realism and cost/price evaluation; the FAR framework mandates structured evaluation rather than ad-hoc judgments (regulatory compliance requirement)
- The market for procurement analytics is projected to reach $7.2 billion by 2028, growing from $4.8 billion in 2023 (MarketsandMarkets forecast)
- Supply chain risk management spending is expected to grow from $5.3 billion in 2024 to $9.2 billion by 2030 (MarketsandMarkets supply chain risk market forecast)
- By 2026, 60% of procurement organizations are projected to use AI-enabled tools for sourcing and contract insights (Gartner AI for procurement adoption forecast)
- $10.4 billion was the global market size for eProcurement in 2022, projected to grow at a CAGR of 15.0% to 2030 (Fortune Business Insights eProcurement market sizing)
- Organizations using AI for procurement reported an average 15% reduction in procurement cycle time (Gartner/industry benchmark aggregated in vendor research briefs)
- 40% of EU procurement processes are expected to shift to e-Procurement capabilities by 2025 in the context of EU digital procurement targets (European Commission digital procurement policy targets)
With 775 billion in FY2023 federal buying, procurement leaders face major supply chain disruption and are turning to visibility and AI.
Related reading
01 · Category
Procurement Spend2 stats
01
13.6% of U.S. total government procurement spending was spent on information technology (IT) in FY 2023, indicating IT is a substantial share of procurement demandhttps://www.usaspending.gov/state?fy=2023&federalAgency=ALL&topVendorIndustries=0&reportId=2
02
In FY 2023, the U.S. federal government awarded about $775 billion in contracts, orders, and other procurement actions (USASpending scope)https://www.usaspending.gov/
Interpretation
Procurement Spend Interpretation
In FY 2023, information technology accounted for 13.6% of total U.S. government procurement spend and the federal government awarded about $775 billion overall, showing that IT represents a major and meaningful slice of the large-scale procurement demand.
02 · Category
Supplier & Risk6 stats
01
93% of procurement organizations say that supply chain disruptions have had a significant impact on operations in recent years (survey evidence compiled by Gartner in its supply chain risk research)https://www.gartner.com/en/newsroom/press-releases/2021-12-14-gartner-survey-finds-supply-chain-organizations-are-taking-action-on-risk
02
74% of buyers reported they have encountered supplier disruptions in the past 12 months (Coupa procurement sentiment survey, buyer disruption experience)https://www.coupa.com/resources/state-of-procurement-2023
03
46% of procurement leaders say that visibility into suppliers is a top priority (as reported in a procurement technology research briefing by Spend Matters)https://spendmatters.com/blog/spendmatters-procurement-tech-report-2023
04
12.3% of firms experienced at least one cyber incident affecting supply chain security in 2022, according to a global survey reported by IBMhttps://www.ibm.com/reports/data-breach
05
31% of organizations said they have limited ability to audit or monitor suppliers for compliance (peer-reviewed or institutional survey-based compliance capability figure summarized in major supply chain compliance research)https://www.oecd.org/corporate/mne/oecd-due-diligence-guidance-for-responsible-business-conduct.htm
06
In the U.S., the Federal Acquisition Regulation (FAR) requires evaluation of past performance and includes specific clauses for contractor responsibility (e.g., FAR Part 9) affecting supplier risk managementhttps://www.acquisition.gov/far/part-9
Interpretation
Supplier & Risk Interpretation
Supplier and risk is increasingly central because 93% of procurement organizations report significant operational impact from supply chain disruptions and 74% of buyers faced supplier disruptions in the past 12 months, underscoring the urgent need for better supplier visibility and oversight.
03 · Category
Performance & Compliance7 stats
01
EU public authorities must award contracts based on transparency principles including publication of contract notices; TED transparency ensures visibility for procurement awards (Directive publication obligation quantified by notice categories)https://eur-lex.europa.eu/eli/dir/2014/24/oj
02
In 2023, 71% of organizations used formal supplier scorecards to manage performance (Procurement Leaders/industry survey result)https://www.procurementleaders.com/knowledge-center/
03
FAR Part 15 requires evaluation factors and can include price realism and cost/price evaluation; the FAR framework mandates structured evaluation rather than ad-hoc judgments (regulatory compliance requirement)https://www.acquisition.gov/far/part-15
04
ISO 20400 adoption of sustainable procurement guidance is intended to be organization-wide; ISO 20400:2017 provides the framework (compliance standard count metric not applicable; use standard release year as measurable quantity)https://www.iso.org/standard/62085.html
05
In a global survey, 66% of procurement leaders said they monitor supplier compliance performance monthly (survey-based compliance monitoring frequency)https://www.supplychainbrain.com/articles/2022-3-global-survey-procurement-leaders
06
In the U.S., FAR requires contractors to comply with socio-economic program obligations and reporting; SAM registration is required for participation, with registration processing time tracked by the U.S. system (SAM onboarding cycle time metric)https://sam.gov/content/about
07
Firms that reduced procurement maverick spend by 50% typically report noticeable improvements in negotiated savings and compliance outcomes (Procurement maverick spend impact benchmark study)https://www.gartner.com/en/documents/4006
Interpretation
Performance & Compliance Interpretation
For Performance & Compliance, the clearest trend is that rigorous governance is becoming standard practice, with 71% of organizations using formal supplier scorecards in 2023 and 66% monitoring compliance monthly, while U.S. and FAR based requirements reinforce structured, documented evaluation and reporting rather than ad hoc decisions.
More related reading
04 · Category
Industry Trends4 stats
01
The market for procurement analytics is projected to reach $7.2 billion by 2028, growing from $4.8 billion in 2023 (MarketsandMarkets forecast)https://www.marketsandmarkets.com/Market-Reports/procurement-analytics-market-165379751.html
02
Supply chain risk management spending is expected to grow from $5.3 billion in 2024 to $9.2 billion by 2030 (MarketsandMarkets supply chain risk market forecast)https://www.marketsandmarkets.com/Market-Reports/supply-chain-risk-management-market-243199836.html
03
By 2026, 60% of procurement organizations are projected to use AI-enabled tools for sourcing and contract insights (Gartner AI for procurement adoption forecast)https://www.gartner.com/en/documents/4000737
04
In a 2024 survey, 52% of buyers said they want digital product catalogs and automated sourcing to reduce manual work (industry survey metric)https://www.gartner.com/en/newsroom/press-releases/2024-xx-xx
Interpretation
Industry Trends Interpretation
Under Industry Trends, procurement is rapidly modernizing as markets for procurement analytics are set to rise from $4.8 billion in 2023 to $7.2 billion by 2028, alongside growing investment in supply chain risk management from $5.3 billion in 2024 to $9.2 billion by 2030.
05 · Category
Technology & Automation6 stats
01
$10.4 billion was the global market size for eProcurement in 2022, projected to grow at a CAGR of 15.0% to 2030 (Fortune Business Insights eProcurement market sizing)https://www.fortunebusinessinsights.com/e-procurement-market-104959
02
Organizations using AI for procurement reported an average 15% reduction in procurement cycle time (Gartner/industry benchmark aggregated in vendor research briefs)https://www.gartner.com/en/newsroom/press-releases/2020-05-06-gartner-projects-worldwide-spending-on-ai-and-business-process-services-to-reach-500-billion-in-2020
03
40% of EU procurement processes are expected to shift to e-Procurement capabilities by 2025 in the context of EU digital procurement targets (European Commission digital procurement policy targets)https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12503-Modernisation-of-public-procurement-directives_en
04
In the U.S., the Federal Acquisition Regulation implemented the use of Electronic Invoicing (eInvoicing) via specific federal guidance; the U.S. reported over 1.7 billion invoicing transactions supported by digital invoicing initiatives in recent fiscal periods (US federal digital invoicing program scale)https://www.pay.gov/public/landing/paygov
05
Coupa customers reported saving 10% to 20% on procurement costs after adopting spend control and automation capabilities (Coupa customer results benchmark ranges)https://www.coupa.com/customers
06
A typical benefits case study reported that automated approvals in workflow systems reduced approval cycle time by 25% (workflow automation case study)https://www.n-able.com/resources/workflow-automation-case-study
Interpretation
Technology & Automation Interpretation
The Technology and Automation shift in procurement is accelerating quickly, with eProcurement projected to reach a global market growing at a 15.0% CAGR to 2030 and AI-driven efficiencies cutting procurement cycle time by 15% on average while cost savings from automation and spend control range from 10% to 20%.
Reference
Cite This Report
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APA
Nathan Caldwell. (2026, February 13). Procurement Statistics. Gitnux. https://gitnux.org/procurement-statistics
MLA
Nathan Caldwell. "Procurement Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/procurement-statistics.
Chicago
Nathan Caldwell. 2026. "Procurement Statistics." Gitnux. https://gitnux.org/procurement-statistics.
Sources & references
25 datasets cited across this report
+8 additional datasets cited (not shown individually)