Report Detail

Request for Sample of this report

Service & Software Global Procurement AI Agent Market 2026 by Company, Regions, Type and Application, Forecast to 2032

  • RnM4725635
    • |
  • 03 August, 2026
    • |
  • Global
    • |
  • 122 Pages
    • |
  • GIR
    • |
  • Service & Software

According to our (Global Info Research) latest study, the global Procurement AI Agent market size was valued at US$ 681 million in 2025 and is forecast to a readjusted size of US$ 5921 million by 2032 with a CAGR of 34.2% during review period.
A procurement AI agent is an intelligent software agent built upon technologies such as artificial intelligence (AI), large language models (LLMs), reinforcement learning, knowledge graphs, and automated execution. It is capable of acting on behalf of a procurement organization within complex, dynamic business environments to autonomously perceive needs, analyze data, formulate strategies, execute tasks, and interact with suppliers or other systems. Its core objective is to transform the traditional process-centric procurement model into an intelligent decision-making system driven by goals, data, and value.
Growth in the procurement AI agent market is primarily driven by the need for enterprises to reduce costs and enhance efficiency in procurement, automate processes, and improve supplier risk management. As procurement categories, supplier counts, and cross-regional transactions multiply, traditional manual methods—handling inquiries, price comparisons, contract reviews, order tracking, and supplier communications—have proven inefficient and prone to information gaps, delayed decision-making, and compliance risks. This has prompted enterprises to accelerate the deployment of AI agents capable of autonomously identifying procurement needs, sourcing suppliers, analyzing quotes, conducting negotiations, and executing tasks by interfacing with procurement and ERP systems. Meanwhile, fluctuations in raw material prices, supply disruptions, geopolitical tensions, and increasing regulatory requirements have also raised companies' demand for real-time risk warnings, alternative supplier recommendations, and scenario analysis capabilities. Furthermore, the maturation of technologies—including large language models, knowledge graphs, process mining, optimization algorithms, and multi-agent orchestration—is enabling procurement AI agents to evolve from simple information retrieval and analytical support toward human-machine collaboration, limited autonomous sourcing, and execution, thereby fueling rapid growth in global market demand.
Report Scope
This report is a detailed and comprehensive analysis for global Procurement AI Agent market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Procurement AI Agent market size and forecasts, in consumption value ($ Million), 2021-2032
Global Procurement AI Agent market size and forecasts by region and country, in consumption value ($ Million), 2021-2032
Global Procurement AI Agent market size and forecasts, by Type and by Application, in consumption value ($ Million), 2021-2032
Global Procurement AI Agent market shares of main players, in revenue ($ Million), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Procurement AI Agent
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Procurement AI Agent market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SAP, Oracle, Coupa, Microsoft, ServiceNow, GEP, Ivalua, IBM, Zycus, Zip, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
Procurement AI Agent market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Cloud-based
On-premises
Market segment by Procurement Category
Direct Material Procurement
Indirect Material Procurement
Service and Capital Procurement
Market segment by Application
Large Enterprises
Small and Medium-sized Enterprises
Market segment by players, this report covers
SAP
Oracle
Coupa
Microsoft
ServiceNow
GEP
Ivalua
IBM
Zycus
Zip
JAGGAER
UiPath
Workday
Fairmarkit
Keelvar
Pactum
Globality
ORO Labs
Sunyur
iFLYTEK
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
Chapter Outline
Chapter 1, to describe Procurement AI Agent product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of Procurement AI Agent, with revenue, gross margin, and global market share of Procurement AI Agent from 2021 to 2026.
Chapter 3, the Procurement AI Agent competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2021 to 2032.
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2021 to 2026.and Procurement AI Agent market forecast, by regions, by Type and by Application, with consumption value, from 2027 to 2032.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of Procurement AI Agent.
Chapter 13, to describe Procurement AI Agent research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Classification of Procurement AI Agent by Type
    • 1.3.1 Overview: Global Procurement AI Agent Market Size by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Global Procurement AI Agent Consumption Value Market Share by Type in 2025
    • 1.3.3 Cloud-based
    • 1.3.4 On-premises
  • 1.4 Classification of Procurement AI Agent by Procurement Category
    • 1.4.1 Overview: Global Procurement AI Agent Market Size by Procurement Category: 2021 Versus 2025 Versus 2032
    • 1.4.2 Global Procurement AI Agent Consumption Value Market Share by Procurement Category in 2025
    • 1.4.3 Direct Material Procurement
    • 1.4.4 Indirect Material Procurement
    • 1.4.5 Service and Capital Procurement
  • 1.5 Global Procurement AI Agent Market by Application
    • 1.5.1 Overview: Global Procurement AI Agent Market Size by Application: 2021 Versus 2025 Versus 2032
    • 1.5.2 Large Enterprises
    • 1.5.3 Small and Medium-sized Enterprises
  • 1.6 Global Procurement AI Agent Market Size & Forecast
  • 1.7 Global Procurement AI Agent Market Size and Forecast by Region
    • 1.7.1 Global Procurement AI Agent Market Size by Region: 2021 VS 2025 VS 2032
    • 1.7.2 Global Procurement AI Agent Market Size by Region, (2021-2032)
    • 1.7.3 North America Procurement AI Agent Market Size and Prospect (2021-2032)
    • 1.7.4 Europe Procurement AI Agent Market Size and Prospect (2021-2032)
    • 1.7.5 Asia-Pacific Procurement AI Agent Market Size and Prospect (2021-2032)
    • 1.7.6 South America Procurement AI Agent Market Size and Prospect (2021-2032)
    • 1.7.7 Middle East & Africa Procurement AI Agent Market Size and Prospect (2021-2032)

2 Company Profiles

  • 2.1 SAP
    • 2.1.1 SAP Details
    • 2.1.2 SAP Major Business
    • 2.1.3 SAP Procurement AI Agent Product and Solutions
    • 2.1.4 SAP Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 SAP Recent Developments and Future Plans
  • 2.2 Oracle
    • 2.2.1 Oracle Details
    • 2.2.2 Oracle Major Business
    • 2.2.3 Oracle Procurement AI Agent Product and Solutions
    • 2.2.4 Oracle Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Oracle Recent Developments and Future Plans
  • 2.3 Coupa
    • 2.3.1 Coupa Details
    • 2.3.2 Coupa Major Business
    • 2.3.3 Coupa Procurement AI Agent Product and Solutions
    • 2.3.4 Coupa Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Coupa Recent Developments and Future Plans
  • 2.4 Microsoft
    • 2.4.1 Microsoft Details
    • 2.4.2 Microsoft Major Business
    • 2.4.3 Microsoft Procurement AI Agent Product and Solutions
    • 2.4.4 Microsoft Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Microsoft Recent Developments and Future Plans
  • 2.5 ServiceNow
    • 2.5.1 ServiceNow Details
    • 2.5.2 ServiceNow Major Business
    • 2.5.3 ServiceNow Procurement AI Agent Product and Solutions
    • 2.5.4 ServiceNow Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 ServiceNow Recent Developments and Future Plans
  • 2.6 GEP
    • 2.6.1 GEP Details
    • 2.6.2 GEP Major Business
    • 2.6.3 GEP Procurement AI Agent Product and Solutions
    • 2.6.4 GEP Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 GEP Recent Developments and Future Plans
  • 2.7 Ivalua
    • 2.7.1 Ivalua Details
    • 2.7.2 Ivalua Major Business
    • 2.7.3 Ivalua Procurement AI Agent Product and Solutions
    • 2.7.4 Ivalua Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Ivalua Recent Developments and Future Plans
  • 2.8 IBM
    • 2.8.1 IBM Details
    • 2.8.2 IBM Major Business
    • 2.8.3 IBM Procurement AI Agent Product and Solutions
    • 2.8.4 IBM Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 IBM Recent Developments and Future Plans
  • 2.9 Zycus
    • 2.9.1 Zycus Details
    • 2.9.2 Zycus Major Business
    • 2.9.3 Zycus Procurement AI Agent Product and Solutions
    • 2.9.4 Zycus Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Zycus Recent Developments and Future Plans
  • 2.10 Zip
    • 2.10.1 Zip Details
    • 2.10.2 Zip Major Business
    • 2.10.3 Zip Procurement AI Agent Product and Solutions
    • 2.10.4 Zip Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Zip Recent Developments and Future Plans
  • 2.11 JAGGAER
    • 2.11.1 JAGGAER Details
    • 2.11.2 JAGGAER Major Business
    • 2.11.3 JAGGAER Procurement AI Agent Product and Solutions
    • 2.11.4 JAGGAER Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 JAGGAER Recent Developments and Future Plans
  • 2.12 UiPath
    • 2.12.1 UiPath Details
    • 2.12.2 UiPath Major Business
    • 2.12.3 UiPath Procurement AI Agent Product and Solutions
    • 2.12.4 UiPath Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 UiPath Recent Developments and Future Plans
  • 2.13 Workday
    • 2.13.1 Workday Details
    • 2.13.2 Workday Major Business
    • 2.13.3 Workday Procurement AI Agent Product and Solutions
    • 2.13.4 Workday Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Workday Recent Developments and Future Plans
  • 2.14 Fairmarkit
    • 2.14.1 Fairmarkit Details
    • 2.14.2 Fairmarkit Major Business
    • 2.14.3 Fairmarkit Procurement AI Agent Product and Solutions
    • 2.14.4 Fairmarkit Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Fairmarkit Recent Developments and Future Plans
  • 2.15 Keelvar
    • 2.15.1 Keelvar Details
    • 2.15.2 Keelvar Major Business
    • 2.15.3 Keelvar Procurement AI Agent Product and Solutions
    • 2.15.4 Keelvar Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 Keelvar Recent Developments and Future Plans
  • 2.16 Pactum
    • 2.16.1 Pactum Details
    • 2.16.2 Pactum Major Business
    • 2.16.3 Pactum Procurement AI Agent Product and Solutions
    • 2.16.4 Pactum Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Pactum Recent Developments and Future Plans
  • 2.17 Globality
    • 2.17.1 Globality Details
    • 2.17.2 Globality Major Business
    • 2.17.3 Globality Procurement AI Agent Product and Solutions
    • 2.17.4 Globality Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Globality Recent Developments and Future Plans
  • 2.18 ORO Labs
    • 2.18.1 ORO Labs Details
    • 2.18.2 ORO Labs Major Business
    • 2.18.3 ORO Labs Procurement AI Agent Product and Solutions
    • 2.18.4 ORO Labs Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 ORO Labs Recent Developments and Future Plans
  • 2.19 Sunyur
    • 2.19.1 Sunyur Details
    • 2.19.2 Sunyur Major Business
    • 2.19.3 Sunyur Procurement AI Agent Product and Solutions
    • 2.19.4 Sunyur Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Sunyur Recent Developments and Future Plans
  • 2.20 iFLYTEK
    • 2.20.1 iFLYTEK Details
    • 2.20.2 iFLYTEK Major Business
    • 2.20.3 iFLYTEK Procurement AI Agent Product and Solutions
    • 2.20.4 iFLYTEK Procurement AI Agent Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 iFLYTEK Recent Developments and Future Plans

3 Market Competition, by Players

  • 3.1 Global Procurement AI Agent Revenue and Share by Players (2021-2026)
  • 3.2 Market Share Analysis (2025)
    • 3.2.1 Market Share of Procurement AI Agent by Company Revenue
    • 3.2.2 Top 3 Procurement AI Agent Players Market Share in 2025
    • 3.2.3 Top 6 Procurement AI Agent Players Market Share in 2025
  • 3.3 Procurement AI Agent Market: Overall Company Footprint Analysis
    • 3.3.1 Procurement AI Agent Market: Region Footprint
    • 3.3.2 Procurement AI Agent Market: Company Product Type Footprint
    • 3.3.3 Procurement AI Agent Market: Company Product Application Footprint
  • 3.4 New Market Entrants and Barriers to Market Entry
  • 3.5 Mergers, Acquisition, Agreements, and Collaborations

4 Market Size Segment by Type

  • 4.1 Global Procurement AI Agent Consumption Value and Market Share by Type (2021-2026)
  • 4.2 Global Procurement AI Agent Market Forecast by Type (2027-2032)

5 Market Size Segment by Application

  • 5.1 Global Procurement AI Agent Consumption Value Market Share by Application (2021-2026)
  • 5.2 Global Procurement AI Agent Market Forecast by Application (2027-2032)

6 North America

  • 6.1 North America Procurement AI Agent Consumption Value by Type (2021-2032)
  • 6.2 North America Procurement AI Agent Market Size by Application (2021-2032)
  • 6.3 North America Procurement AI Agent Market Size by Country
    • 6.3.1 North America Procurement AI Agent Consumption Value by Country (2021-2032)
    • 6.3.2 United States Procurement AI Agent Market Size and Forecast (2021-2032)
    • 6.3.3 Canada Procurement AI Agent Market Size and Forecast (2021-2032)
    • 6.3.4 Mexico Procurement AI Agent Market Size and Forecast (2021-2032)

7 Europe

  • 7.1 Europe Procurement AI Agent Consumption Value by Type (2021-2032)
  • 7.2 Europe Procurement AI Agent Consumption Value by Application (2021-2032)
  • 7.3 Europe Procurement AI Agent Market Size by Country
    • 7.3.1 Europe Procurement AI Agent Consumption Value by Country (2021-2032)
    • 7.3.2 Germany Procurement AI Agent Market Size and Forecast (2021-2032)
    • 7.3.3 France Procurement AI Agent Market Size and Forecast (2021-2032)
    • 7.3.4 United Kingdom Procurement AI Agent Market Size and Forecast (2021-2032)
    • 7.3.5 Russia Procurement AI Agent Market Size and Forecast (2021-2032)
    • 7.3.6 Italy Procurement AI Agent Market Size and Forecast (2021-2032)

8 Asia-Pacific

  • 8.1 Asia-Pacific Procurement AI Agent Consumption Value by Type (2021-2032)
  • 8.2 Asia-Pacific Procurement AI Agent Consumption Value by Application (2021-2032)
  • 8.3 Asia-Pacific Procurement AI Agent Market Size by Region
    • 8.3.1 Asia-Pacific Procurement AI Agent Consumption Value by Region (2021-2032)
    • 8.3.2 China Procurement AI Agent Market Size and Forecast (2021-2032)
    • 8.3.3 Japan Procurement AI Agent Market Size and Forecast (2021-2032)
    • 8.3.4 South Korea Procurement AI Agent Market Size and Forecast (2021-2032)
    • 8.3.5 India Procurement AI Agent Market Size and Forecast (2021-2032)
    • 8.3.6 Southeast Asia Procurement AI Agent Market Size and Forecast (2021-2032)
    • 8.3.7 Australia Procurement AI Agent Market Size and Forecast (2021-2032)

9 South America

  • 9.1 South America Procurement AI Agent Consumption Value by Type (2021-2032)
  • 9.2 South America Procurement AI Agent Consumption Value by Application (2021-2032)
  • 9.3 South America Procurement AI Agent Market Size by Country
    • 9.3.1 South America Procurement AI Agent Consumption Value by Country (2021-2032)
    • 9.3.2 Brazil Procurement AI Agent Market Size and Forecast (2021-2032)
    • 9.3.3 Argentina Procurement AI Agent Market Size and Forecast (2021-2032)

10 Middle East & Africa

  • 10.1 Middle East & Africa Procurement AI Agent Consumption Value by Type (2021-2032)
  • 10.2 Middle East & Africa Procurement AI Agent Consumption Value by Application (2021-2032)
  • 10.3 Middle East & Africa Procurement AI Agent Market Size by Country
    • 10.3.1 Middle East & Africa Procurement AI Agent Consumption Value by Country (2021-2032)
    • 10.3.2 Turkey Procurement AI Agent Market Size and Forecast (2021-2032)
    • 10.3.3 Saudi Arabia Procurement AI Agent Market Size and Forecast (2021-2032)
    • 10.3.4 UAE Procurement AI Agent Market Size and Forecast (2021-2032)

11 Market Dynamics

  • 11.1 Procurement AI Agent Market Drivers
  • 11.2 Procurement AI Agent Market Restraints
  • 11.3 Procurement AI Agent Trends Analysis
  • 11.4 Porters Five Forces Analysis
    • 11.4.1 Threat of New Entrants
    • 11.4.2 Bargaining Power of Suppliers
    • 11.4.3 Bargaining Power of Buyers
    • 11.4.4 Threat of Substitutes
    • 11.4.5 Competitive Rivalry

12 Industry Chain Analysis

  • 12.1 Procurement AI Agent Industry Chain
  • 12.2 Procurement AI Agent Upstream Analysis
  • 12.3 Procurement AI Agent Midstream Analysis
  • 12.4 Procurement AI Agent Downstream Analysis

13 Research Findings and Conclusion

    14 Appendix

    • 14.1 Methodology
    • 14.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Procurement AI Agent. Industry analysis & Market Report on Procurement AI Agent is a syndicated market report, published as Global Procurement AI Agent Market 2026 by Company, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Procurement AI Agent market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

    Last updated on

    REPORT YOU MIGHT BE INTERESTED

    Purchase this Report

    		$3,480.00
    		$5,220.00
    		$6,960.00
    		2,690.04
    		4,035.06
    		5,380.08
    		3,239.88
    		4,859.82
    		6,479.76
    		531,361.20
    		797,041.80
    		1,062,722.40
    		293,712.00
    		440,568.00
    		587,424.00
    Credit card Logo
    Sample Question Discount Download PDF

    Related Reports

    Reason to Buy

    • Trusted By Leaders

      Top executives from leading companies purchase research reports from us. 

    • Shop With Confidence

      We assist you with all the pre-sales enquiries related to any report so that you can buy with confidence.

    • Customer Centric

      Need assistance related to your research requirements? We are just a phone call or an email away.

    • Personalized Solutions

      Our experienced research specialists are here to help you locate the right reports for your need.

    • Secure Checkout

      Shop without being worried about safety & security of your transactions.
      •

    Request for Sample of this report

    Reports and Markets

    mcafree

    Contact Us

    +1-352-353-0818 (US)

    info@reportsandmarkets.com

    Support

    EMAIL US

    Newsletter

    KEEP UP TO DATE ON ALL THE LATEST REPORTS


    maxmind_logo