Retail Sourcing and Procurement Market Analysis By Global Industry Size, Share, Trends, Opportunity and Forecast 2024
The global Retail Sourcing and Procurement Market size is projected to cross USD 5.0 billion by 2024, growing at a CAGR of over 10% during the forecast period. The retail sourcing and procurement market is majorly growing due to the increase in the centralization system of procurement processes with the advanced technologies and storage systems. Moreover, the development and innovation in mobile and cloud technologies are increasing efficiency of processes and customer satisfaction is further contributing to the growth of retail sourcing and procurement industry. In terms of deployment type, the market for retail sourcing and procurement is categorized into On-premise and Cloud. Among the deployment types, cloud is predicted to witness the fastest growth rate during the forecast period. In terms of organization size, the retail sourcing and procurement industry is categorized into SMEs and Large Enterprises. The large enterprises held the largest share on the global market for retail ...