Investment in digital procurement among distribution and retail companies by 2027

Published by Daniela Coppola, Jul 8, 2024

Digital procurement is going to play a key role in big distribution and retail companies' operations. By 2027, large and very large companies' investment capacity might reach over two million euros a year. In turn, small and medium sized companies will not spend more than 1.4 million euros in digital procurement on a yearly basis. 

Annual investment of distribution and retail services companies in digital procurement by 2027, by company size (in 1,000 euros)

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Release date

March 2024

Region

Worldwide

Survey time period

as of March 2024

Number of respondents

1000 procurement professionals

Supplementary notes

Survey carried out in 58 countries across five continents. Panel composed as follows:
56% industrial companies;
44% service companies.

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Topics

Digital procurementB2B e-commerce in the United StatesSoftware as a Service (SaaS)B2B e-commerce in EuropeE-commerce platform technologies
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