Product Code: VMR11219203
The global demand for Procurement Analytics Market is presumed to reach the market size of nearly USD 62.27 BN by 2030 from USD 6.93 BN in 2022 with a CAGR of 27.63% under the study period 2023 - 2030.
Procurement analytics is defined as the process of employing quantitative techniques to extract useful information and results from data. Procurement analytics utilizes quantitative techniques to extract valuable insights and results from data and provide businesses and organizations with a clear visual representation of their procurement spending. Predictive analytics software gathers data from sources, both internal and external, and displays it in dashboards for procurement. They allow businesses and organizations to use procurement data to enhance fact-based decision-making and gain competitive, strategic advantages.
MARKET DYNAMICS:
The use of procurement analytics technology and services is anticipated to be influenced by several factors, including a surge in data analytics techniques, rising enterprise marketing and advertising expenditures, evolving customer intelligence trends, and the proliferation of customer channels. Enterprises & numerous organizations are adopting procurement analytics solutions to deal with privacy and security issues. Hence, increasing concerns regarding data security are also augmenting the growth of the procurement analytics market. Machine Learning and Artificial Intelligence in procurement analytics to monitor, analyze and collect appropriate quality data is further fostering the market growth of procurement analytics.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of procurement analytics. The growth and trends of procurement analytics industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the procurement analytics market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By Application
- Supply Chain Analytics
- Risk Analytics
- Spend Analytics
- Demand Forecasting
- Contract Management
- Vendor Management
- Category Management
By Deployment Mode
By Organization Size
- Large Enterprises
- Small And Medium-Sized Enterprises (SMEs)
By Vertical
- BFSI
- Retail And Ecommerce
- Telecom And IT
- Manufacturing
- Healthcare And Life Sciences
- Energy And Utilities
- Government And Defense
REGIONAL ANALYSIS:
This section covers the regional outlook, which accentuates current and future demand for the Procurement Analytics market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the procurement analytics market include SAP(Germany), Oracle(US), SAS Institute (US), Coupa Software (US), Genpact (US), Rosslyn Data Technologies (UK), Microsoft(US), IBM(US), Cisco (US), GEP (US), Corcentric (US), and Zycus (US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
- 2.1. Highlights of Market
- 2.2. Global Market Snapshot
3 . PROCUREMENT ANALYTICS - INDUSTRY ANALYSIS
- 3.1. Introduction - Market Dynamics
- 3.2. Market Drivers
- 3.3. Market Restraints
- 3.4. Opportunities
- 3.5. Industry Trends
- 3.6. Porter's Five Force Analysis
- 3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Application
- 3.7.3 Market Attractiveness Analysis By Deployment Mode
- 3.7.4 Market Attractiveness Analysis By Organization Size
- 3.7.5 Market Attractiveness Analysis By Vertical
- 3.7.6 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
- 4.1. Value Chain Analysis
- 4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
- 4.3. List of Potential Buyers
- 4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
6 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY COMPONENT
- 6.1 Overview by Component
- 6.2 Historical and Forecast Data
- 6.3 Analysis by Component
- 6.4 Solutions Historic and Forecast Sales by Regions
- 6.5 Services Historic and Forecast Sales by Regions
7 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY APPLICATION
- 7.1 Overview by Application
- 7.2 Historical and Forecast Data
- 7.3 Analysis by Application
- 7.4 Supply Chain Analytics Historic and Forecast Sales by Regions
- 7.5 Risk Analytics Historic and Forecast Sales by Regions
- 7.6 Spend Analytics Historic and Forecast Sales by Regions
- 7.7 DemAnd Forecasting Historic and Forecast Sales by Regions
- 7.8 Contract Management Historic and Forecast Sales by Regions
- 7.9 Vendor Management Historic and Forecast Sales by Regions
- 7.10. Category Management Historic and Forecast Sales by Regions
8 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY DEPLOYMENT MODE
- 8.1 Overview by Deployment Mode
- 8.2 Historical and Forecast Data
- 8.3 Analysis by Deployment Mode
- 8.4 Cloud Historic and Forecast Sales by Regions
- 8.5 On-premises Historic and Forecast Sales by Regions
9 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY ORGANIZATION SIZE
- 9.1 Overview by Organization Size
- 9.2 Historical and Forecast Data
- 9.3 Analysis by Organization Size
- 9.4 Large Enterprises Historic and Forecast Sales by Regions
- 9.5 Small And Medium-sized Enterprises (SMEs) Historic and Forecast Sales by Regions
10 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY VERTICAL
- 10.1 Overview by Vertical
- 10.2 Historical and Forecast Data
- 10.3 Analysis by Vertical
- 10.4 BFSI Historic and Forecast Sales by Regions
- 10.5 Retail And E-Commerce Historic and Forecast Sales by Regions
- 10.6 Telecom And IT Historic and Forecast Sales by Regions
- 10.7 Manufacturing Historic and Forecast Sales by Regions
- 10.8 Healthcare And Life Sciences Historic and Forecast Sales by Regions
- 10.9 Energy And Utilities Historic and Forecast Sales by Regions
- 10.10. Government And Defense Historic and Forecast Sales by Regions
11 . GLOBAL PROCUREMENT ANALYTICS MARKET ANALYSIS BY GEOGRAPHY
- 11.1. Top Company Share Analysis
- 11.2. Introduction
- 11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
- 11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
- 11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. Rest Of Asia Pacific Sales Analysis
- 11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
- 11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis
12 . COMPETITIVE LANDSCAPE OF THE PROCUREMENT ANALYTICS COMPANIES
- 12.1. Procurement Analytics Market Competition
- 12.2. Partnership/Collaboration/Agreement
- 12.3. Merger And Acquisitions
- 12.4. New Product Launch
- 12.5. Other Developments
13 . COMPANY PROFILES OF PROCUREMENT ANALYTICS INDUSTRY
- 13.1. Company Share Analysis
- 13.2. Market Concentration Rate
- 13.3. SAP (Germany)
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
- 13.4. Oracle (US)
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
- 13.5. SAS Institute (US)
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
- 13.6. Coupa Software (US)
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
- 13.7. Genpact (US)
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
- 13.8. Rosslyn Data Technologies (UK)
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
- 13.9. Microsoft(US)
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
- 13.10. IBM (US)
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
- 13.11. Cisco (US)
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
- 13.12. GEP (US)
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
- 13.13. Corcentric (US)
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
- 13.14. Zycus (US)
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies