A new business intelligence report released by Data Bridge Market Research with title Global Procurement Analytics Market are taken from trustworthy sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Procurement Analytics market research report provides estimation and analysis of the rising trends along with major drivers, restraints, challenges and opportunities in the industry. Besides, Procurement Analytics report systematically gathers the information about influencing factors for the industry which contains customer behavior, emerging trends, product usage, and brand positioning. This Procurement Analytics report brings into light several information about the industry that display important facts and figures, expert opinions, and the most recent developments across the sphere. By applying business intelligence, the report is organized which provides thorough and extensive market insights. Some of the key players profiled in the study Rosslyn Analytics, JAGGAER, Zycus Inc, Genpact, roactis Holdings Plc, BirchStreet Systems Inc., Tamr, Sievo, Tungsten Corporation plc., Dataction, Proactis Holdings Plc.
Global Procurement Analytics Market is expected to rise from its initial estimated value of USD 1.67 billion in 2018 to an estimated value of USD 7.38 billion by 2026, registering a CAGR of 20.42% in the forecast period of 2019-2026.
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Unlock new opportunities in Procurement Analytics Market; the latest release from Data Bridge Market Research highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.
Competition Analysis:
Some of key competitors or manufacturers included in the study are
SAP SE,
Oracle,
SAS Institute Inc,
Coupa Software Inc.,
BRIDGEi2i Analytics Solutions,
Research Methodology
This research study involves the extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, Businessweek, Factiva, and OneSource) to identify and collect information useful for this technical, market-oriented, and commercial study of the global Procurement Analytics market. In-depth interviews were conducted with various primary respondents, which include key industry participants, subject-matter experts (SMEs), C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information, and assess future market prospects. The following figure shows the market research methodology applied in making this report on the global Procurement Analytics market.
The titled segments and sub-section of the market are illuminated below:
Geography: North America, South America, Europe, Asia-Pacific, Middle East and Africa
By Component (Solutions, Services),
Application Area (Supply Chain Analytics, Risk Analytics, Spend Analytics, Demand Forecasting, Contract Management, Vendor Management),
Deployment Type (Cloud, On- Premises),
Organization Type (Small and Medium-Sized Enterprises, Large Enterprises),
Vertical (Retail and eCommerce, Manufacturing, Government and Defense, Healthcare and Life Sciences, Telecom and IT, Energy and Utilities, Banking, Financial Services, and Insurance, Others),
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Global Procurement Analytics Market Dynamics:
Market Drivers:
- Rising demand for cloud based analytical solutions is driving the growth of this market
- Increasing focus on augmenting the ability of procurement channels is driving the market
Market Restraints:
- Lack trained and skilled analytical professionals is restraining the growth of this market
- Increasing awareness towards data security is another factor restraining market
The Procurement Analytics report puts light on the change in the market which is taking place due to the moves of key players and brands such as product launches, joint ventures, mergers and acquisitions that in turn modifies the view of the global face of industry. This market report takes into account myriad of aspects of the market analysis which today’s businesses call for. To make the report outstanding, most up-to-date and advanced tools and techniques are used so that client achieves maximum benefits. The Procurement Analytics report also includes the market drivers and market restraints that are derived from SWOT analysis.
Chapters to deeply display the Global Procurement Analytics market.
Introduction about Procurement Analytics
Procurement Analytics Market Size (Sales) Market Share by Type (Product Category) in 2019
Procurement Analytics Market by Application/End Users
Procurement Analytics Sales (Volume) and Market Share Comparison by Applications
(2020-2027 ) table defined for each application/end-users
Procurement Analytics Sales and Growth Rate (2020-2027)
Procurement Analytics Competition by Players/Suppliers, Region, Type and Application
Procurement Analytics (Volume, Value and Sales Price) table defined for each geographic region defined.
Procurement Analytics Players/Suppliers Profiles and Sales Data ……………..
Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers
Market Sales, Revenue, Price and Gross Margin table for each product type which include , Product Type I, Product Type II & Product Type III
Procurement Analytics Manufacturing Cost Analysis
Procurement Analytics Key Raw Materials Analysis
Procurement Analytics Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2020-2027)
……..and more in complete table of Contents
Key questions answered in this report
- What will the market size be in 2027 and what will the growth rate be
- What are the key market trends?
- What is driving Procurement Analytics Market?
- What are the challenges to market growth?
- Who are the key vendors in Market space?
- What are the key market trends impacting the growth of the Procurement Analytics Market ?
- What are the key outcomes of the five forces analysis of the Procurement Analytics Market?
What are the market opportunities and threats faced by the vendors in the Procurement Analytics market? Get in-depth details about factors influencing the market shares of the Americas, APAC, and EMEA?
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