Generative AI In Procurement Global Market Report 2025

Global Generative AI In Procurement Market Report 2024

Generative AI In Procurement Global Market Report 2025 – By Type (Direct Procurement, Indirect Procurement, Goods Procurement, Services Procurement), By Organization Size (Large Enterprise, Small And Medium Enterprises), By Application (Supplier Identification, Product Or Service Recommendation, Negotiation Support, Risk Assessment, Contract Analysis, Fraud Detection, Predictive Modeling, Other Applications) – Market Size, Trends, And Global Forecast 2025-2034

Name: Generative AI In Procurement Global Market Report 2025
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Generative AI In Procurement Global Market Report 2025

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Generative AI In Procurement Global Market Report 2025

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Generative AI In Procurement Market Definition

Generative artificial intelligence (AI) in procurement refers to the application of AI algorithms and technologies to streamline and optimize various aspects of the procurement process within businesses and organizations. It is utilized to automate document generation, forecast demand, evaluate suppliers, and optimize prices, enhancing efficiency and decision-making throughout procurement.

The main types of generative artificial intelligence (AI) in procurement are direct procurement, indirect procurement, goods procurement, and service procurement. Generative AI in direct procurement involves using artificial intelligence to streamline the sourcing and acquisition of goods and services directly related to production processes such as raw materials and machinery. Various organization sizes, which include large enterprises and small and medium enterprises, are used for different applications such as supplier identification, product or service recommendation, negotiation support, risk assessment, contract analysis, Fraud Detection, predictive modeling, and others.

Generative AI In Procurement Market Segmentation

The generative AI in procurement market covered in this report is segmented –

1) By Type: Direct Procurement, Indirect Procurement, Goods Procurement, services procurement

2) By Organization Size: Large Enterprise, Small And Medium Enterprises

3) By Application: Supplier Identification, Product Or Service Recommendation, Negotiation Support, Risk Assessment, Contract Analysis, Fraud Detection, Predictive Modeling, Other Applications

Subsegments:

1) By Direct Procurement: Raw Material Sourcing, Supplier Relationship Management, Production And Manufacturing Materials Procurement

2) By Indirect Procurement: Office Supplies And Equipment Procurement, marketing And IT Services Procurement, Facility And Logistics Procurement

3) By Goods Procurement: Physical Product Sourcing, Inventory Management And Restocking, Supplier Selection For Goods

4) By Services Procurement: Consulting And Professional Services, Outsourced Services And Contracts, Software And IT Services Procurement

Generative AI In Procurement Market Size and growth rate 2025 to 2029: Graph

Generative AI In Procurement Market Size 2025 And Growth Rate

The generative AI in procurement market size has grown exponentially in recent years. It will grow from $0.16 billion in 2024 to $0.2 billion in 2025 at a compound annual growth rate (CAGR) of 29.3%. The growth in the historic period can be attributed to increased data availability, complexity in supply chains, vendor relationships, focus on strategic procurement, and the rise of big data.

Generative AI In Procurement Market Growth Forecast

The generative AI in procurement market size is expected to see exponential growth in the next few years. It will grow to $0.56 billion in 2029 at a compound annual growth rate (CAGR) of 28.9%. The growth in the forecast period can be attributed to increased adoption of cloud computing, integration with IoT and big data, expansion of industry-specific solutions, emphasis on sustainability, and rise of autonomous procurement. Major trends in the forecast period include AI-driven predictive analytics, autonomous procurement, dynamic pricing optimization, conversational AI interfaces, and multi-modal data fusion.

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Generative AI In Procurement Market Driver: Cloud Services Fueling Generative AI Adoption In Procurement

The rising need for cloud services is expected to propel the growth of generative artificial intelligence (AI) in the procurement market going forward. Cloud services are computing services delivered over the internet, including storage, databases, and software, provided by cloud computing providers, enabling users to access and use these services without needing on-premises infrastructure. The growing demand for cloud services is due to the desire for agility, innovation, cost savings, and competitive advantage in an increasingly digital and interconnected world. Generative AI technology in procurement is empowered by the robust computational capabilities and scalability offered by cloud services, enabling companies to fully exploit the capabilities of generative AI algorithms while capitalizing on the adaptable, easily accessible, and cost-effective nature of cloud computing infrastructure. For instance, in December 2023, Eurostat, a Luxembourg-based statistical office of the European Union, the adoption rate of cloud computing services among medium-sized enterprises increased to 59% in 2022, up from 53% in 2021. Therefore, the rising need for cloud services is driving the growth of generative artificial intelligence (AI) in the procurement market.

Global Generative AI In Procurement Market Major Players

Major companies operating in the generative AI in procurement market report are Google LLC; Microsoft Corporation; Dell Technologies Inc.; Amazon Web Services Inc.; International Business Machines Corporation (IBM); Oracle Corporation; Jabil Optics Germany GmbH; SAP SE; Genpact Limited; GEP Worldwide; Zoho Corporation Pvt. Ltd.; Coupa Software Inc.; Basware Corporation; Zycus Inc.; Jaggaer Holdings Inc.; Tradeshift Holdings Inc.; Ivalua Inc.; Agiloft Inc.; Master of Code Global Inc.; Sirion Inc.; Scoutbee GmbH; Simfoni Limited; LevaData Inc.; Aavenir Inc.; Suplari Inc.

Global Generative AI In Procurement Market Trend: Integration of Generative AI Suite In Procurement Workflows

Major companies operating in the generative artificial intelligence (AI) in procurement market are developing innovative products such as the generative AI Suite to enhance the competitive advantages of finance and procurement teams. A generative AI suite for procurement teams would encompass a range of AI-powered tools and solutions designed to streamline and optimize various aspects of the procurement process. For instance, in October 2023, ZIP, a US-based provider of innovative software solutions, launched the generative AI suite to revolutionize teams' workflows by offering cutting-edge tools and capabilities. The Generative AI Suite provides predictive analytics, automated insights, supplier relationship management, and contract management. This new AI capability directly integrates AI into request intake, approval, and contract renewal workflows. This eliminates thousands of hours employees would otherwise spend on labor-intensive vendor contract reviews and error-prone data entry for purchase requests, purchase orders, and invoices.

Generative AI In Procurement Market Merger And Acquisition: Simfoni Expands Procurement Capabilities With Acquisition Of Xeeva Inc.

In November 2022, Simfoni Limited, a US-based software company, acquired Xeeva, Inc. for an undisclosed amount. Through this acquisition, Simfoni expanded its capabilities and offerings in procurement and spend management solutions, allowing IT to provide more comprehensive solutions to its clients. Xeeva Inc. is a US-based company specializing in AI and intelligent cloud-based procurement and spend management technologies.

Regional Outlook For The Global Generative AI In Procurement Market

North America was the largest region in the generative AI in procurement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in procurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the generative AI in procurement market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Generative AI In Procurement Market?

The generative artificial intelligence (AI) in procurement market consists of revenues earned by entities providing services such as automated document generation, supplier selection and evaluation, contract management, supplier relationship management, and invoice and payment processing. The market value includes the value of related goods sold by the service provider or included within the service offering. The generative artificial intelligence (AI) in procurement market also includes sales of market intelligence platforms, payment automation tools, AI-powered procurement analytics platforms, blockchain-based procurement platforms, and compliance monitoring tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Generative AI In Procurement Industry?

The generative artificial intelligence (AI) in procurement market research report is one of a series of new reports from The Business Research Company that provides generative artificial intelligence (AI) in procurement market statistics, including generative artificial intelligence (AI) in procurement industry global market size, regional shares, competitors with a generative artificial intelligence (AI) in procurement market share, detailed generative artificial intelligence (AI) in procurement market segments, market trends and opportunities, and any further data you may need to thrive in the generative artificial intelligence (AI) in procurement industry. This generative artificial intelligence (AI) in procurement market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Generative AI In Procurement Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2025	$0.2 billion
Revenue Forecast In 2034	$0.56 billion
Growth Rate	CAGR of 28.9% from 2025 to 2034
Base Year For Estimation	2024
Actual Estimates/Historical Data	2019-2024
Forecast Period	2025 - 2029 - 2034
Market Representation	Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered	1) By Type: Direct Procurement, Indirect Procurement, Goods Procurement, Services Procurement 2) By Organization Size: Large Enterprise, Small And Medium Enterprises 3) By Application: Supplier Identification, Product Or Service Recommendation, Negotiation Support, Risk Assessment, Contract Analysis, Fraud Detection, Predictive Modeling, Other Applications Subsegments: 1) By Direct Procurement: Raw Material Sourcing, Supplier Relationship Management, Production And Manufacturing Materials Procurement 2) By Indirect Procurement: Office Supplies And Equipment Procurement, Marketing And IT Services Procurement, Facility And Logistics Procurement 3) By Goods Procurement: Physical Product Sourcing, Inventory Management And Restocking, Supplier Selection For Goods 4) By Services Procurement: Consulting And Professional Services, Outsourced Services And Contracts, Software And IT Services Procurement
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled	Google LLC, Microsoft Corporation, Dell Technologies Inc., Amazon Web Services Inc., International Business Machines Corporation (IBM), Oracle Corporation, Jabil Optics Germany GmbH, SAP SE, Genpact Limited, GEP Worldwide, Zoho Corporation Pvt. Ltd., Coupa Software Inc., Basware Corporation, Zycus Inc., Jaggaer Holdings Inc., Tradeshift Holdings Inc., Ivalua Inc., Agiloft Inc., Master of Code Global Inc., Sirion Inc., Scoutbee GmbH, Simfoni Limited, LevaData Inc., Aavenir Inc., Suplari Inc.
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Generative AI In Procurement Market Characteristics

3. Generative AI In Procurement Market Trends And Strategies

4. Generative AI In Procurement Market - Macro Economic Scenario Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

5. Global Generative AI In Procurement Growth Analysis And Strategic Analysis Framework

5.1. Global Generative AI In Procurement PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Generative AI In Procurement Market Growth Rate Analysis

5.4. Global Generative AI In Procurement Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Generative AI In Procurement Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Generative AI In Procurement Total Addressable Market (TAM)

6. Generative AI In Procurement Market Segmentation

6.1. Global Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Direct Procurement

Indirect Procurement

Goods Procurement

Services Procurement

6.2. Global Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Large Enterprise

Small And Medium Enterprises

6.3. Global Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Supplier Identification

Product Or Service Recommendation

Negotiation Support

Risk Assessment

Contract Analysis

Fraud Detection

Predictive Modeling

Other Applications

6.4. Global Generative AI In Procurement Market, Sub-Segmentation Of Direct Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Raw Material Sourcing

Supplier Relationship Management

Production And Manufacturing Materials Procurement

6.5. Global Generative AI In Procurement Market, Sub-Segmentation Of Indirect Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Office Supplies And Equipment Procurement

Marketing And IT Services Procurement

Facility And Logistics Procurement

6.6. Global Generative AI In Procurement Market, Sub-Segmentation Of Goods Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Physical Product Sourcing

Inventory Management And Restocking

Supplier Selection For Goods

6.7. Global Generative AI In Procurement Market, Sub-Segmentation Of Services Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Consulting And Professional Services

Outsourced Services And Contracts

Software And IT Services Procurement

7. Generative AI In Procurement Market Regional And Country Analysis

7.1. Global Generative AI In Procurement Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Generative AI In Procurement Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Generative AI In Procurement Market

8.1. Asia-Pacific Generative AI In Procurement Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

8.2. Asia-Pacific Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Generative AI In Procurement Market

9.1. China Generative AI In Procurement Market Overview

9.2. China Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Generative AI In Procurement Market

10.1. India Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Generative AI In Procurement Market

11.1. Japan Generative AI In Procurement Market Overview

11.2. Japan Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Generative AI In Procurement Market

12.1. Australia Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Generative AI In Procurement Market

13.1. Indonesia Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Generative AI In Procurement Market

14.1. South Korea Generative AI In Procurement Market Overview

14.2. South Korea Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Generative AI In Procurement Market

15.1. Western Europe Generative AI In Procurement Market Overview

15.2. Western Europe Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Generative AI In Procurement Market

16.1. UK Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Generative AI In Procurement Market

17.1. Germany Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Generative AI In Procurement Market

18.1. France Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Generative AI In Procurement Market

19.1. Italy Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Generative AI In Procurement Market

20.1. Spain Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Generative AI In Procurement Market

21.1. Eastern Europe Generative AI In Procurement Market Overview

21.2. Eastern Europe Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Generative AI In Procurement Market

22.1. Russia Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Generative AI In Procurement Market

23.1. North America Generative AI In Procurement Market Overview

23.2. North America Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Generative AI In Procurement Market

24.1. USA Generative AI In Procurement Market Overview

24.2. USA Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Generative AI In Procurement Market

25.1. Canada Generative AI In Procurement Market Overview

25.2. Canada Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Generative AI In Procurement Market

26.1. South America Generative AI In Procurement Market Overview

26.2. South America Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Generative AI In Procurement Market

27.1. Brazil Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Generative AI In Procurement Market

28.1. Middle East Generative AI In Procurement Market Overview

28.2. Middle East Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Generative AI In Procurement Market

29.1. Africa Generative AI In Procurement Market Overview

29.2. Africa Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Generative AI In Procurement Market Competitive Landscape And Company Profiles

30.1. Generative AI In Procurement Market Competitive Landscape

30.2. Generative AI In Procurement Market Company Profiles

30.2.1. Google LLC Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Microsoft Corporation Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Dell Technologies Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.4. Amazon Web Services Inc. Overview, Products and Services, Strategy and Financial Analysis

30.2.5. International Business Machines Corporation (IBM) Overview, Products and Services, Strategy and Financial Analysis

31. Generative AI In Procurement Market Other Major And Innovative Companies

31.1. Oracle Corporation

31.2. Jabil Optics Germany GmbH

31.3. SAP SE

31.4. Genpact Limited

31.5. GEP Worldwide

31.6. Zoho Corporation Pvt. Ltd.

31.7. Coupa Software Inc.

31.8. Basware Corporation

31.9. Zycus Inc.

31.10. Jaggaer Holdings Inc.

31.11. Tradeshift Holdings Inc.

31.12. Ivalua Inc.

31.13. Agiloft Inc.

31.14. Master of Code Global Inc.

31.15. Sirion Inc.

32. Global Generative AI In Procurement Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Generative AI In Procurement Market

34. Recent Developments In The Generative AI In Procurement Market

35. Generative AI In Procurement Market High Potential Countries, Segments and Strategies

35.1 Generative AI In Procurement Market In 2029 - Countries Offering Most New Opportunities

35.2 Generative AI In Procurement Market In 2029 - Segments Offering Most New Opportunities

35.3 Generative AI In Procurement Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Historic Market Growth, 2019-2024, $ Billion

Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Table 3: Global Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 4: Global Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 5: Global Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 6: Global Generative AI In Procurement Market, Sub-Segmentation Of Direct Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 7: Global Generative AI In Procurement Market, Sub-Segmentation Of Indirect Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 8: Global Generative AI In Procurement Market, Sub-Segmentation Of Goods Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 9: Global Generative AI In Procurement Market, Sub-Segmentation Of Services Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 10: Global Generative AI In Procurement Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 11: Global Generative AI In Procurement Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 12: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 13: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 14: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 15: China, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 16: China, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 17: China, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 18: India, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 19: India, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 20: India, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 21: Japan, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 22: Japan, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 23: Japan, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 24: Australia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 25: Australia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 26: Australia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 27: Indonesia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 28: Indonesia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 29: Indonesia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 30: South Korea, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 31: South Korea, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 32: South Korea, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 33: Western Europe, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 34: Western Europe, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 35: Western Europe, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 36: UK, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 37: UK, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 38: UK, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 39: Germany, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 40: Germany, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 41: Germany, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 42: France, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 43: France, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 44: France, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 45: Italy, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 46: Italy, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 47: Italy, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 48: Spain, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 49: Spain, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 50: Spain, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 51: Eastern Europe, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 52: Eastern Europe, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 53: Eastern Europe, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 54: Russia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 55: Russia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 56: Russia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 57: North America, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 58: North America, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 59: North America, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 60: USA, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 61: USA, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 62: USA, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 63: Canada, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 64: Canada, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 65: Canada, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 66: South America, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 67: South America, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 68: South America, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 69: Brazil, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 70: Brazil, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 71: Brazil, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 72: Middle East, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 73: Middle East, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 74: Middle East, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 75: Africa, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 76: Africa, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 77: Africa, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Table 78: Google LLC Financial Performance

Table 79: Microsoft Corporation Financial Performance

Table 80: Dell Technologies Inc. Financial Performance

Table 81: Amazon Web Services Inc. Financial Performance

Table 82: International Business Machines Corporation (IBM) Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2019-2024, $ Billion

Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion

Figure 3: Global Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 4: Global Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 5: Global Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 6: Global Generative AI In Procurement Market, Sub-Segmentation Of Direct Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 7: Global Generative AI In Procurement Market, Sub-Segmentation Of Indirect Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 8: Global Generative AI In Procurement Market, Sub-Segmentation Of Goods Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 9: Global Generative AI In Procurement Market, Sub-Segmentation Of Services Procurement, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 10: Global Generative AI In Procurement Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 11: Global Generative AI In Procurement Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 12: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 13: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 14: Asia-Pacific, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 15: China, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 16: China, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 17: China, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 18: India, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 19: India, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 20: India, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 21: Japan, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 22: Japan, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 23: Japan, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 24: Australia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 25: Australia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 26: Australia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 27: Indonesia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 28: Indonesia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 29: Indonesia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 30: South Korea, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 31: South Korea, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 32: South Korea, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 33: Western Europe, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 34: Western Europe, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 35: Western Europe, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 36: UK, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 37: UK, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 38: UK, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 39: Germany, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 40: Germany, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 41: Germany, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 42: France, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 43: France, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 44: France, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 45: Italy, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 46: Italy, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 47: Italy, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 48: Spain, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 49: Spain, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 50: Spain, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 51: Eastern Europe, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 52: Eastern Europe, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 53: Eastern Europe, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 54: Russia, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 55: Russia, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 56: Russia, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 57: North America, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 58: North America, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 59: North America, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 60: USA, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 61: USA, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 62: USA, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 63: Canada, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 64: Canada, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 65: Canada, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 66: South America, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 67: South America, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 68: South America, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 69: Brazil, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 70: Brazil, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 71: Brazil, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 72: Middle East, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 73: Middle East, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 74: Middle East, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 75: Africa, Generative AI In Procurement Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 76: Africa, Generative AI In Procurement Market, Segmentation By Organization Size, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 77: Africa, Generative AI In Procurement Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Figure 78: Google LLC Financial Performance

Figure 79: Microsoft Corporation Financial Performance

Figure 80: Dell Technologies Inc. Financial Performance

Figure 81: Amazon Web Services Inc. Financial Performance

Figure 82: International Business Machines Corporation (IBM) Financial Performance

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Frequently Asked Questions

What is the definition of the Generative AI In Procurement market?

How will the Generative AI In Procurement market drivers and restraints affect the market dynamics? What forces will shape the Generative AI In Procurement industry going forward?

The Generative AI In Procurement market major growth driver - Cloud Services Fueling Generative AI Adoption In Procurement. For further insights on the Generative AI In Procurement market, request a sample here

What is the forecast market size or the forecast market value of the Generative AI In Procurement market?

The Generative AI In Procurement market size has grown strongly in recent years. The generative AI in procurement market size has grown exponentially in recent years. It will grow from $0.16 billion in 2024 to $0.2 billion in 2025 at a compound annual growth rate (CAGR) of 29.3%. The growth in the historic period can be attributed to increased data availability, complexity in supply chains, vendor relationships, focus on strategic procurement, and the rise of big data. The generative AI in procurement market size is expected to see exponential growth in the next few years. It will grow to $0.56 billion in 2029 at a compound annual growth rate (CAGR) of 28.9%. The growth in the forecast period can be attributed to increased adoption of cloud computing, integration with IoT and big data, expansion of industry-specific solutions, emphasis on sustainability, and rise of autonomous procurement. Major trends in the forecast period include AI-driven predictive analytics, autonomous procurement, dynamic pricing optimization, conversational AI interfaces, and multi-modal data fusion. For further insights on the Generative AI In Procurement market, request a sample here

How is the Generative AI In Procurement market segmented?

The generative AI in procurement market covered in this report is segmented –
1) By Type: Direct Procurement, Indirect Procurement, Goods Procurement, Services Procurement
2) By Organization Size: Large Enterprise, Small And Medium Enterprises
3) By Application: Supplier Identification, Product Or Service Recommendation, Negotiation Support, Risk Assessment, Contract Analysis, Fraud Detection, Predictive Modeling, Other Applications Subsegments:
1) By Direct Procurement: Raw Material Sourcing, Supplier Relationship Management, Production And Manufacturing Materials Procurement
2) By Indirect Procurement: Office Supplies And Equipment Procurement, marketing And IT Services Procurement, Facility And Logistics Procurement
3) By Goods Procurement: Physical Product Sourcing, Inventory Management And Restocking, Supplier Selection For Goods
4) By Services Procurement: Consulting And Professional Services, Outsourced Services And Contracts, Software And IT Services Procurement For further insights on the Generative AI In Procurement market, request a sample here

Which region has the largest share of the Generative AI In Procurement market? What are the other regions covered in the report?

North America was the largest region in the generative AI in procurement market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in procurement market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Generative AI In Procurement market, request a sample here.

Who are the major players in the Generative AI In Procurement market?

What are the key trends in the Generative AI In Procurement market?

Major trends in the Generative AI In Procurement market include Integration of Generative AI Suite In Procurement Workflows. For further insights on the Generative AI In Procurement market, request a sample here.

What are the major opportunities in the Generative AI In Procurement market? What are the strategies for the Generative AI In Procurement market?

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How does the Generative AI In Procurement market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the Generative AI In Procurement industry?

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What are the key dynamics influencing the Generative AI In Procurement market growth? SWOT analysis of the Generative AI In Procurement market.

For detailed insights on the key dynamics influencing the Generative AI In Procurement market growth and SWOT analysis of the Generative AI In Procurement industry, request a sample here.