Procurement Analytics Market by Component (Services, Solution), Deployment (Cloud, On-Premise), Application, Organization Size, Vertical - Global Forecast 2024-2030

Procurement Analytics Market by Component (Services, Solution), Deployment (Cloud, On-Premise), Application, Organization Size, Vertical - Global Forecast 2024-2030


The Procurement Analytics Market size was estimated at USD 3.79 billion in 2023 and expected to reach USD 4.74 billion in 2024, at a CAGR 22.74% to reach USD 15.92 billion by 2030.

Global Procurement Analytics Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Procurement Analytics Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Procurement Analytics Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Procurement Analytics Market, highlighting leading vendors and their innovative profiles. These include BirchStreet Systems, Inc., Cisco Systems, Inc., Corcentric, Inc., Genpact, GEP Worldwide, Ivalua Inc., Jaggaer, LLC, Kearney, Inc., Proactis Holdings Limited, Rosslyn Data Technologies PLC, SAP SE, Sievo, Simfoni Limited, Synertrade Inc., and Zycus Inc..

Market Segmentation & Coverage

This research report categorizes the Procurement Analytics Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Services
Solution
Deployment
Cloud
On-Premise
Application
Contract Management
Risk Analytics
Spend Analytics
Supply Chain Management
Vendor Analytics
Organization Size
Large Enterprise
Small & Medium Enterprise
Vertical
BFSI
Energy & Utilities
Government & Defense
Healthcare & Life Sciences
Manufacturing
Retail & E-Commerce
Telecom & IT
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Procurement Analytics Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Procurement Analytics Market?
3. What are the technology trends and regulatory frameworks in the Procurement Analytics Market?
4. What is the market share of the leading vendors in the Procurement Analytics Market?
5. Which modes and strategic moves are suitable for entering the Procurement Analytics Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Procurement Analytics Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing demand for procurement and demand management solutions
5.1.1.2. Increasing adoption by the end use industries
5.1.1.3. Applications in the healthcare sector
5.1.2. Restraints
5.1.2.1. High cost of implementation
5.1.3. Opportunities
5.1.3.1. Integration of cloud chain and blockchain technology
5.1.3.2. Surge in eCommerce sector worldwide
5.1.4. Challenges
5.1.4.1. Concerns regarding data privacy
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Procurement Analytics Market, by Component
6.1. Introduction
6.2. Services
6.3. Solution
7. Procurement Analytics Market, by Deployment
7.1. Introduction
7.2. Cloud
7.3. On-Premise
8. Procurement Analytics Market, by Application
8.1. Introduction
8.2. Contract Management
8.3. Risk Analytics
8.4. Spend Analytics
8.5. Supply Chain Management
8.6. Vendor Analytics
9. Procurement Analytics Market, by Organization Size
9.1. Introduction
9.2. Large Enterprise
9.3. Small & Medium Enterprise
10. Procurement Analytics Market, by Vertical
10.1. Introduction
10.2. BFSI
10.3. Energy & Utilities
10.4. Government & Defense
10.5. Healthcare & Life Sciences
10.6. Manufacturing
10.7. Retail & E-Commerce
10.8. Telecom & IT
11. Americas Procurement Analytics Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific Procurement Analytics Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam
13. Europe, Middle East & Africa Procurement Analytics Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. BirchStreet Systems, Inc.
15.1.2. Cisco Systems, Inc.
15.1.3. Corcentric, Inc.
15.1.4. Genpact
15.1.5. GEP Worldwide
15.1.6. Ivalua Inc.
15.1.7. Jaggaer, LLC
15.1.8. Kearney, Inc.
15.1.9. Proactis Holdings Limited
15.1.10. Rosslyn Data Technologies PLC
15.1.11. SAP SE
15.1.12. Sievo
15.1.13. Simfoni Limited
15.1.14. Synertrade Inc.
15.1.15. Zycus Inc.
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. PROCUREMENT ANALYTICS MARKET RESEARCH PROCESS
FIGURE 2. PROCUREMENT ANALYTICS MARKET SIZE, 2023 VS 2030
FIGURE 3. PROCUREMENT ANALYTICS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. PROCUREMENT ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. PROCUREMENT ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. PROCUREMENT ANALYTICS MARKET DYNAMICS
FIGURE 7. PROCUREMENT ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. PROCUREMENT ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. PROCUREMENT ANALYTICS MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 10. PROCUREMENT ANALYTICS MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. PROCUREMENT ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. PROCUREMENT ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. PROCUREMENT ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 14. PROCUREMENT ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. PROCUREMENT ANALYTICS MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 16. PROCUREMENT ANALYTICS MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES PROCUREMENT ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES PROCUREMENT ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA PROCUREMENT ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. PROCUREMENT ANALYTICS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. PROCUREMENT ANALYTICS MARKET SHARE, BY KEY PLAYER, 2023

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