Vendor Management Software Market by Software (Procurement & Sourcing Software, Vendor Analytics & Reporting Software, Vendor Contract Management Software), Deployment Type (Cloud-Based, On-Premises), Enterprise Size, End-User - Global Forecast 2024-2030

Vendor Management Software Market by Software (Procurement & Sourcing Software, Vendor Analytics & Reporting Software, Vendor Contract Management Software), Deployment Type (Cloud-Based, On-Premises), Enterprise Size, End-User - Global Forecast 2024-2030


The Vendor Management Software Market size was estimated at USD 7.84 billion in 2023 and expected to reach USD 8.83 billion in 2024, at a CAGR 12.96% to reach USD 18.42 billion by 2030.

Global Vendor Management Software Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Vendor Management Software 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 Vendor Management Software 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 Vendor Management Software Market, highlighting leading vendors and their innovative profiles. These include 360factors, Inc., Avaali Solutions Pvt Ltd., Bentley Systems, Inc., Corcentric, Inc., Coupa Software Inc., Deskera US Inc., eSellerHub, Freshworks Inc., Gatekeeper, GEP, HICX Solutions, Ingram Micro, Inc., Intelex Technologies Inc., International Business Machines Corporation, Ivalua Inc., LogicManager, Inc., Mailchimp, MasterControl, Inc., MetricStream Inc., Ncontracts LLC, Proactis Holdings PLC, Quantivate, LLC, SalesWarp, SAP SE, and TYASuite Software Solutions Pvt. Ltd..

Market Segmentation & Coverage

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

Software
Procurement & Sourcing Software
Vendor Analytics & Reporting Software
Vendor Contract Management Software
Vendor Information Management Software
Vendor Onboarding & Compliance Software
Vendor Performance Management Software
Vendor Relationship Management Software
Vendor Risk Management Software
Deployment Type
Cloud-Based
On-Premises
Enterprise Size
Large Enterprises
Small & Medium Enterprises
End-User
Banking, Financial Services & Insurance
Energy & Utilities
Government
Healthcare
IT & Telecommunications
Manufacturing
Retail & Consumer Goods
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 Vendor Management Software Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Vendor Management Software Market?
3. What are the technology trends and regulatory frameworks in the Vendor Management Software Market?
4. What is the market share of the leading vendors in the Vendor Management Software Market?
5. Which modes and strategic moves are suitable for entering the Vendor Management Software 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. Vendor Management Software Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapid shift toward the modernization of vendor management procedures
5.1.1.2. Increasing demand for data-driven insights into vendor performance to optimize vendor selection
5.1.1.3. Surging globalization and growing demand for effective management of diverse vendor relationships
5.1.2. Restraints
5.1.2.1. High implementation cost and integration issues
5.1.3. Opportunities
5.1.3.1. Integration of automation features in vendor management software
5.1.3.2. Emergence of blockchain-based vendor management systems
5.1.4. Challenges
5.1.4.1. Concerns associated with data privacy and data security
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. Vendor Management Software Market, by Software
6.1. Introduction
6.2. Procurement & Sourcing Software
6.3. Vendor Analytics & Reporting Software
6.4. Vendor Contract Management Software
6.5. Vendor Information Management Software
6.6. Vendor Onboarding & Compliance Software
6.7. Vendor Performance Management Software
6.8. Vendor Relationship Management Software
6.9. Vendor Risk Management Software
7. Vendor Management Software Market, by Deployment Type
7.1. Introduction
7.2. Cloud-Based
7.3. On-Premises
8. Vendor Management Software Market, by Enterprise Size
8.1. Introduction
8.2. Large Enterprises
8.3. Small & Medium Enterprises
9. Vendor Management Software Market, by End-User
9.1. Introduction
9.2. Banking, Financial Services & Insurance
9.3. Energy & Utilities
9.4. Government
9.5. Healthcare
9.6. IT & Telecommunications
9.7. Manufacturing
9.8. Retail & Consumer Goods
10. Americas Vendor Management Software Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Vendor Management Software Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Vendor Management Software Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. 360factors, Inc.
14.1.2. Avaali Solutions Pvt Ltd.
14.1.3. Bentley Systems, Inc.
14.1.4. Corcentric, Inc.
14.1.5. Coupa Software Inc.
14.1.6. Deskera US Inc.
14.1.7. eSellerHub
14.1.8. Freshworks Inc.
14.1.9. Gatekeeper
14.1.10. GEP
14.1.11. HICX Solutions
14.1.12. Ingram Micro, Inc.
14.1.13. Intelex Technologies Inc.
14.1.14. International Business Machines Corporation
14.1.15. Ivalua Inc.
14.1.16. LogicManager, Inc.
14.1.17. Mailchimp
14.1.18. MasterControl, Inc.
14.1.19. MetricStream Inc.
14.1.20. Ncontracts LLC
14.1.21. Proactis Holdings PLC
14.1.22. Quantivate, LLC
14.1.23. SalesWarp
14.1.24. SAP SE
14.1.25. TYASuite Software Solutions Pvt. Ltd.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. VENDOR MANAGEMENT SOFTWARE MARKET RESEARCH PROCESS
FIGURE 2. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, 2023 VS 2030
FIGURE 3. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. VENDOR MANAGEMENT SOFTWARE MARKET DYNAMICS
FIGURE 7. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY SOFTWARE, 2023 VS 2030 (%)
FIGURE 8. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY SOFTWARE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2030 (%)
FIGURE 10. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY ENTERPRISE SIZE, 2023 VS 2030 (%)
FIGURE 12. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY ENTERPRISE SIZE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA VENDOR MANAGEMENT SOFTWARE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. VENDOR MANAGEMENT SOFTWARE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. VENDOR MANAGEMENT SOFTWARE MARKET SHARE, BY KEY PLAYER, 2023

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings