Quadrant Knowledge Solutions’ Procurement Services market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging service trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for service vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of leading Procurement service vendors with a global impact. The SPARK Matrix includes analysis of vendors, including Accenture, Aquanima, Capgemini, Chain IQ, Cognizant, Corbus, Exela Technologies, Genpact, GEP, HCL, IBM, Infosys, TCS, Wipro and WNS.
According to Sujan Thomas Mathew, Analyst at Quadrant Knowledge Solutions “Procurement Service Providers are swiftly being incorporated as strategic partners into organizations, helping them transform their procurement operations by driving the adoption of advanced digital technologies such as cognitive RPA, AI and ML, enabling the organization’s workforce, automating workflows and processes as well as ushering Industry 4.0 into their procurement business function by leveraging the vendor’s partnership ecosystem platforms, intelligent digital tools, customized service capabilities, and category-market expertise.”
2022 Procurement Services SPARK Matrix
Source: Quadrant Knowledge Solutions

Table of Contents
Executive Overview
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Procurement services market
Vendor Profiles
Research Methodologies
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go to market strategies