Product Code: IACT2414
Introduction and Overview
According to SPER market research, 'Procurement Analytics Market Size- By Component, By Deployment Mode, By Enterprise Size, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Procurement Analytics Market is predicted to reach USD 7.34 billion by 2033 with a CAGR of 22.11%.
The practice of utilizing quantitative and analytical techniques to mine the vast reservoir of procurement data in order to produce a set of useful insights that can boost productivity and enhance operations is known as procurement analytics. Organizations' requirement for a consolidated perspective of procurement cost has led to the necessity for procurement analytics. Through one-off efforts like spend cubes and specialized solutions, procurement analytics has grown.
Businesses all throughout the world were analyzing and resolving the effects of COVID-19 on supply chain and procurement processes. All the organizations were impacted, but only a handful completely realized how disruptive this would be. In addition, the pandemic caused several procurement companies to lower their cost-reduction targets.
Scope of the Report
Report Metric Details:
- Market size available for years: 2019-2033
- Base year considered: 2022
- Forecast period: 2023-2033
- Segments covered: By Component, By Deployment Mode, By Enterprise Size, By Application, By End User.
- Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
- Companies Covered: Amazon Web Services (AWS), BirchStreet Systems, Cisco System, Inc., International Business Machine (IBM), Microsoft Corporation, Oracle Corporation, Rosslyn Data Technologies, Simfoni, Workday, Inc., Zycus Inc.
Key Segments Covered:
- By Component: Based on the Component, Global Procurement Analytics Market is segmented as; Services, Solutions.
- By Deployment Mode: Based on the Deployment Mode, Global Procurement Analytics Market is segmented as; Cloud, On-Premise.
- By Enterprise Size: Based on the Enterprise Size, Global Procurement Analytics Market is segmented as; Large Enterprise, SMEs.
- By Application: Based on the Application, Global Procurement Analytics Market is segmented as; Category Management, Contract Management, Process Management, Spend Management, Strategic Sourcing, Transaction Management.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts on the Global Procurement Analytics Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Procurement Analytics Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Procurement Analytics Market
7. Global Procurement Analytics Market, By Component (USD Million)
- 7.1. Global Procurement Analytics Market Value Share and Forecast, By Component, 2023-2033
- 7.2. Services
- 7.3. Solution
8. Global Procurement Analytics Market, By Deployment Mode (USD Million)
- 8.1. Global Procurement Analytics Market Value Share and Forecast, By Deployment Mode, 2023-2033
- 8.2. Cloud
- 8.3. On-Premise
9. Global Procurement Analytics Market, By Enterprise Size (USD Million)
- 9.1. Global Procurement Analytics Market Value Share and Forecast, By Enterprise Size, 2023-2033
- 9.2. Large Enterprise
- 9.3. SMEs
10. Global Procurement Analytics Market, By Application (USD Million)
- 10.1. Global Procurement Analytics Market Value Share and Forecast, By Application, 2023-2033
- 10.2. Category Management
- 10.3. Contract Management
- 10.4. Process Management
- 10.5. Spend Management
- 10.6. Strategic Sourcing
- 10.7. Transaction Management
11. Global Procurement Analytics Market, By End User (USD Million)
- 11.1. Global Procurement Analytics Market Value Share and Forecast, By End User, 2023-2033
- 11.2. BFSI
- 11.3. Healthcare
- 11.4. IT and Telecom
- 11.5. Manufacturing
- 11.6. Retail
- 11.7. Others
12. Global Procurement Analytics Market Forecast, 2019-2033 (USD Million)
- 12.1. Global Procurement Analytics Market Size and Market Share
13. Global Procurement Analytics Market, By Component 2019-2033 (USD Million)
- 13.1. Global Procurement Analytics Market Size and Market Share by Component (2019-2026)
- 13.2. Global Procurement Analytics Market Size and Market Share by Component (2027-2033)
14. Global Procurement Analytics Market, By Deployment Mode, 2019-2033 (USD Million)
- 14.1. Global Procurement Analytics Market Size and Market Share by Deployment Mode (2019-2026)
- 14.2. Global Procurement Analytics Market Size and Market Share by Deployment Mode (2027-2033)
15. Global Procurement Analytics Market, By Enterprise Size, 2019-2033 (USD Million)
- 15.1. Global Procurement Analytics Market Size and Market Share by Enterprise Size (2019-2026)
- 15.2. Global Procurement Analytics Market Size and Market Share by Enterprise Size (2027-2033)
16. Global Procurement Analytics Market, By Application, 2019-2033 (USD Million)
- 16.1. Global Procurement Analytics Market Size and Market Share by Application (2019-2026)
- 16.2. Global Procurement Analytics Market Size and Market Share by Application (2027-2033)
17. Global Procurement Analytics Market, By End User, 2019-2033 (USD Million)
- 17.1. Global Procurement Analytics Market Size and Market Share by End User (2019-2026)
- 17.2. Global Procurement Analytics Market Size and Market Share by End User (2027-2033)
18. Global Procurement Analytics Market, By Region, 2019-2033 (USD Million)
- 18.1. Global Procurement Analytics Market Size and Market Share by Region (2019-2026)
- 18.2. Global Procurement Analytics Market Size and Market Share by Region (2027-2033)
- 18.3. Asia-Pacific
- 18.3.1. Australia
- 18.3.2. China
- 18.3.3. India
- 18.3.4. Japan
- 18.3.5. South Korea
- 18.3.6. Rest of Asia-Pacific
- 18.4. Europe
- 18.4.1. France
- 18.4.2. Germany
- 18.4.3. Italy
- 18.4.4. Spain
- 18.4.5. United Kingdom
- 18.4.6. Rest of Europe
- 18.5. Middle East and Africa
- 18.5.1. Kingdom of Saudi Arabia
- 18.5.2. United Arab Emirates
- 18.5.3. Rest of Middle East & Africa
- 18.6. North America
- 18.6.1. Canada
- 18.6.2. Mexico
- 18.6.3. United States
- 18.7. Latin America
- 18.7.1. Argentina
- 18.7.2. Brazil
- 18.7.3. Rest of Latin America
19. Company Profile
- 19.1. Amazon Web Services (AWS)
- 19.1.1. Company details
- 19.1.2. Financial outlook
- 19.1.3. Product summary
- 19.1.4. Recent developments
- 19.2. BirchStreet Systems
- 19.2.1. Company details
- 19.2.2. Financial outlook
- 19.2.3. Product summary
- 19.2.4. Recent developments
- 19.3. Cisco System, Inc.
- 19.3.1. Company details
- 19.3.2. Financial outlook
- 19.3.3. Product summary
- 19.3.4. Recent developments
- 19.4. International Business Machine (IBM)
- 19.4.1. Company details
- 19.4.2. Financial outlook
- 19.4.3. Product summary
- 19.4.4. Recent developments
- 19.5. Microsoft Corporation
- 19.5.1. Company details
- 19.5.2. Financial outlook
- 19.5.3. Product summary
- 19.5.4. Recent developments
- 19.6. Oracle Corporation
- 19.6.1. Company details
- 19.6.2. Financial outlook
- 19.6.3. Product summary
- 19.6.4. Recent developments
- 19.7. Rosslyn Data Technologies
- 19.7.1. Company details
- 19.7.2. Financial outlook
- 19.7.3. Product summary
- 19.7.4. Recent developments
- 19.8. Simfoni
- 19.8.1. Company details
- 19.8.2. Financial outlook
- 19.8.3. Product summary
- 19.8.4. Recent developments
- 19.9. Workday, Inc.
- 19.9.1. Company details
- 19.9.2. Financial outlook
- 19.9.3. Product summary
- 19.9.4. Recent developments
- 19.10. Zycus Inc.
- 19.10.1. Company details
- 19.10.2. Financial outlook
- 19.10.3. Product summary
- 19.10.4. Recent developments
- 19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope