Procurement Analytics Market Research
The global procurement analytics market size is expected to grow from $3.41 billion in 2021 to $4.07 billion in 2022 at a compound annual growth rate (CAGR) of 19.40%. The global procurement analytics market size is expected to grow to $8.36 billion in 2026 at a compound annual growth rate (CAGR) of 19.71%.
The Business Research Company offers the Procurement Analytics Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The procurement analytics market consists of the sales of procurement analytics solutions and services by entities (organizations, partnerships, and sole proprietors) that refer to software that automates spend analysis and purchase analysis and operates completely organizations’ expenditure through an insightful dashboard. These procurement analytics solutions collect data from various sources such as ERPs, process raw data into use-case taxonomies, and display it in visualization dashboards.
Some key procurement analytics market players are SAP, Oracle, Coupa Software, Genpact, Rosslyn Data Technologies, IBM, Cisco, Microsoft Corp, BirchStreet Systems LLC, Sievo, Corcentric, Zycus, Amazon Web Services, Inc, and JAGGAER LLC.
The countries covered in the global procurement analytics market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global procurement analytics market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Procurement Analytics Market Segmentation:
1) By Component: Solutions, Services
2) By Deployment Mode: Cloud, On-Premises
3) By End User: Retail and E-commerce, Manufacturing, Government and Defense, Healthcare and Life Sciences, Telecom and IT, Energy and Utilities, Banking, Financial Services, and Insurance, Others
4) By Application: Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management, Category Management
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The Report’s Table Of Contents Includes
1. Executive Summary
2. Procurement Analytics Market Characteristics
3. Procurement Analytics Market Trends And Strategies
4. Impact Of COVID-19 On Procurement Analytics
5. Procurement Analytics Market Size And Growth
….
26. Africa Procurement Analytics Market
27. Procurement Analytics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Procurement Analytics Market
29. Procurement Analytics Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the procurement analytics market in major countries – Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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