Spend Analytics Market by Component (Services, Software), Analytics Type (Descriptive, Predictive, Prescriptive), Application, Business Function, Deployment Model, Organization Size, Industry Vertical - Global Forecast 2024-2030

Spend Analytics Market by Component (Services, Software), Analytics Type (Descriptive, Predictive, Prescriptive), Application, Business Function, Deployment Model, Organization Size, Industry Vertical - Global Forecast 2024-2030


The Spend Analytics Market size was estimated at USD 3.82 billion in 2023 and expected to reach USD 4.20 billion in 2024, at a CAGR 10.26% to reach USD 7.59 billion by 2030.

Global Spend Analytics Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Spend 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 Spend 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 Spend Analytics Market, highlighting leading vendors and their innovative profiles. These include Capgemini SE, Corcentric, Inc., Coupa Software Inc., DXC Technology Company, Efficio Limited, Empronc Solutions Pvt. Ltd., Fairmarkit, Inc., Genpact, GEP, Infosys Limited, International Business Machines Corporation, Ivalua Inc., JAGGAER, LLC, Microsoft Corporation, Onventis GmbH, Oracle Corporation, PRM360, Proactis Holdings Limited, Rosslyn Data Technologies PLC, SAP SE, SAS Institute Inc., Sievo, SIMFONI LIMITED, and Zycus Inc..

Market Segmentation & Coverage



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

Component
Services
Managed services
Professional services
Consulting services
Support and maintenance
Software
Analytics Type
Descriptive
Predictive
Prescriptive
Application
Demand & Supply Forecasting
Financial Management
Governance & Compliance Management
Product & Process Management
Risk Management
Supplier Sourcing & Performance Management
Business Function
Finance
Information Technology (IT)
Marketing
Procurement
Deployment Model
On-Cloud
On-premises
Organization Size
Large enterprises
Small and Medium Enterprises (SMEs)
Industry Vertical
Energy and utilities
Government and defense
Healthcare and life sciences
Manufacturing
Retail and eCommerce
Telecommunications and 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 Spend Analytics Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Spend Analytics Market?
3. What are the technology trends and regulatory frameworks in the Spend Analytics Market?
4. What is the market share of the leading vendors in the Spend Analytics Market?
5. Which modes and strategic moves are suitable for entering the Spend 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. Spend Analytics Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Adoption of spend analytics in businesses to improve utilization and consumption
5.1.1.2. Wide applications in supply chain and logistics sectors
5.1.1.3. Increasing digitalization across retail industry
5.1.2. Restraints
5.1.2.1. Growing data breaches cases
5.1.3. Opportunities
5.1.3.1. Use of AI, ML, and natural language processing to mine massive data
5.1.3.2. Government environmental, social and governance initiatives in analytics
5.1.4. Challenges
5.1.4.1. Increasingly stringent regulatory rules
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. Spend Analytics Market, by Component
6.1. Introduction
6.2. Services
6.3.1. Managed services
6.3.2. Professional services
6.3.3.1. Consulting services
6.3.3.2. Support and maintenance
6.3. Software
7. Spend Analytics Market, by Analytics Type
7.1. Introduction
7.2. Descriptive
7.3. Predictive
7.4. Prescriptive
8. Spend Analytics Market, by Application
8.1. Introduction
8.2. Demand & Supply Forecasting
8.3. Financial Management
8.4. Governance & Compliance Management
8.5. Product & Process Management
8.6. Risk Management
8.7. Supplier Sourcing & Performance Management
9. Spend Analytics Market, by Business Function
9.1. Introduction
9.2. Finance
9.3. Information Technology (IT)
9.4. Marketing
9.5. Procurement
10. Spend Analytics Market, by Deployment Model
10.1. Introduction
10.2. On-Cloud
10.3. On-premises
11. Spend Analytics Market, by Organization Size
11.1. Introduction
11.2. Large enterprises
11.3. Small and Medium Enterprises (SMEs)
12. Spend Analytics Market, by Industry Vertical
12.1. Introduction
12.2. Energy and utilities
12.3. Government and defense
12.4. Healthcare and life sciences
12.5. Manufacturing
12.6. Retail and eCommerce
12.7. Telecommunications and IT
13. Americas Spend Analytics Market
13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States
14. Asia-Pacific Spend Analytics Market
14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam
15. Europe, Middle East & Africa Spend Analytics Market
15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.2. Market Share Analysis, By Key Player
16.3. Competitive Scenario Analysis, By Key Player
17. Competitive Portfolio
17.1. Key Company Profiles
17.1.1. Capgemini SE
17.1.2. Corcentric, Inc.
17.1.3. Coupa Software Inc.
17.1.4. DXC Technology Company
17.1.5. Efficio Limited
17.1.6. Empronc Solutions Pvt. Ltd.
17.1.7. Fairmarkit, Inc.
17.1.8. Genpact
17.1.9. GEP
17.1.10. Infosys Limited
17.1.11. International Business Machines Corporation
17.1.12. Ivalua Inc.
17.1.13. JAGGAER, LLC
17.1.14. Microsoft Corporation
17.1.15. Onventis GmbH
17.1.16. Oracle Corporation
17.1.17. PRM360
17.1.18. Proactis Holdings Limited
17.1.19. Rosslyn Data Technologies PLC
17.1.20. SAP SE
17.1.21. SAS Institute Inc.
17.1.22. Sievo
17.1.23. SIMFONI LIMITED
17.1.24. Zycus Inc.
17.2. Key Product Portfolio
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
FIGURE 1. SPEND ANALYTICS MARKET RESEARCH PROCESS
FIGURE 2. SPEND ANALYTICS MARKET SIZE, 2023 VS 2030
FIGURE 3. SPEND ANALYTICS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. SPEND ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. SPEND ANALYTICS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. SPEND ANALYTICS MARKET DYNAMICS
FIGURE 7. SPEND ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. SPEND ANALYTICS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. SPEND ANALYTICS MARKET SIZE, BY ANALYTICS TYPE, 2023 VS 2030 (%)
FIGURE 10. SPEND ANALYTICS MARKET SIZE, BY ANALYTICS TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. SPEND ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. SPEND ANALYTICS MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. SPEND ANALYTICS MARKET SIZE, BY BUSINESS FUNCTION, 2023 VS 2030 (%)
FIGURE 14. SPEND ANALYTICS MARKET SIZE, BY BUSINESS FUNCTION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. SPEND ANALYTICS MARKET SIZE, BY DEPLOYMENT MODEL, 2023 VS 2030 (%)
FIGURE 16. SPEND ANALYTICS MARKET SIZE, BY DEPLOYMENT MODEL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. SPEND ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2030 (%)
FIGURE 18. SPEND ANALYTICS MARKET SIZE, BY ORGANIZATION SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. SPEND ANALYTICS MARKET SIZE, BY INDUSTRY VERTICAL, 2023 VS 2030 (%)
FIGURE 20. SPEND ANALYTICS MARKET SIZE, BY INDUSTRY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. AMERICAS SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. AMERICAS SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. UNITED STATES SPEND ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 24. UNITED STATES SPEND ANALYTICS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. ASIA-PACIFIC SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. ASIA-PACIFIC SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. EUROPE, MIDDLE EAST & AFRICA SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 28. EUROPE, MIDDLE EAST & AFRICA SPEND ANALYTICS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 29. SPEND ANALYTICS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 30. SPEND ANALYTICS MARKET SHARE, BY KEY PLAYER, 2023

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