ReportsnReports adds “Procurement Analytics Market” to its store. The Report provides in-depth analysis of the Procurement Analytics Market at global and key country level.
Need a Free Sample Report? Visit:
https://www.reportsnreports.com/contacts/requestsample.aspx?name=2109986
The Global Procurement Analytics Market size is expected to grow from US$ 1.6 Billion in 2018 to US$ 4.1 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 20.4% during the forecast period.
#Key Players- SAP (Germany), Oracle (US), SAS (US), IBM (US, Coupa Software (US), Zycus(US), BRIDGEi2i Analytics (India), JAGGAER (US), Rosslyn Data Technologies (England), Genpact (UK), Tamr (US), Simfoni (US), BirchStreet (US), Proactis (UK), and Sievo (Finland).
“Services segment to grow at a higher CAGR during the forecast period”
The Procurement Analytics Market by service includes professional and managed services. Further, professional services have been classified into consulting, training and education, integration and deployment and support and maintenance services. These services help clients understand their procurement related processes effectively.
“Increasing deployment of cloud-based procurement analytics solutions in SMEs to drive the market during the forecast period”
The SMEs segment is expected to grow at a higher CAGR, owing to the increasing adoption of pay-as-you-go model to manage IT infrastructure as per their requirements. SMEs are concerned about the expenditures of deploying on-premises procurement analytics solutions and contracting skilled staff, and IT teams for their maintenance and hence are leaning towards cloud-based analytical solutions for improving their profit margins and efficiencies.
“Asia Pacific (APAC) to grow at the highest CAGR during the forecast period”
APAC includes major economies, such as India, China, Australia, Hong Kong, and Japan, which are rapidly deploying the procurement analytics solution. APAC is expected to grow at the highest CAGR during the forecast period. The APAC procurement analytics market is gaining traction, as the region is witnessing an increasing demand for cloud-driven analytical solutions, resulting in higher investments and technological advancements in various industry verticals.
Direct Purchase this report and Get 20% Discount @ https://www.reportsnreports.com/purchase.aspx?name=2109986
Table of Contents:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders
2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Breakup and Data Triangulation
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Forecast
2.5 Assumptions for the Study
2.6 Limitations of the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Procurement Analytics Market
4.2 Market By Component, 2018–2023
4.3 Market By Service, 2018–2023
4.4 Market Market Share of Top 3 Professional Services and Regions, 2018
4.5 Market By Organization Size, 2018
4.6 Market Top 3 Verticals
4.7 Market Investment Scenario
5 Premium Insights
…..And More
Enquire More @ https://www.reportsnreports.com/contacts/inquirybeforebuy.aspx?name=2109986
#Customization Service of the Report:
ReportsnReports provides customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.
Corporate Headquarters
Tower B5, office 101
Magarpatta SEZ,
Hadapsar, Pune-411013, India
About Us:-
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 95 leading global publishers & in-depth market research studies of over 5000 micro markets.
This release was published on openPR.
