Procurement as a Service Market Outlook:
Procurement as a Service Market size was valued at USD 7.86 billion in 2025 and is likely to cross USD 23.34 billion by 2035, expanding at more than 11.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of procurement as a service is assessed at USD 8.67 billion.
During the COVID-19 pandemic, the need for remote working policies contributed to the growth of the global remote access solution and automated solutions industry, including procurement services and solutions. This in turn fuelled the demand for the procurement as a service market. According to the U.S. Census Bureau, 5.7% of US workers were working from home in 2019, prior to the COVID-19 pandemic. In two years, however, this figure increased to 17.9% on the back of nearly 19 million new jobs.
