Global Procurement Software Market Research Report 2024(Status and Outlook)

Global Procurement Software Market Research Report 2024(Status and Outlook)



Report Overview:

Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.

The Global Procurement Software Market Size was estimated at USD 6020.14 million in 2023 and is projected to reach USD 9395.09 million by 2029, exhibiting a CAGR of 7.70% during the forecast period.

This report provides a deep insight into the global Procurement Software market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Procurement Software Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Procurement Software market in any manner.

Global Procurement Software Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Basware

IBM

Oracle

PROACTIS

SAP

SciQuest

BravoSolution

BuyerQuest

Coupa Software

Elcom

Epicor

Infor

IQNavigator

Ivalua

JDA Software

Market Segmentation (by Type)

Cloud

On-premises

Market Segmentation (by Application)

The School

The Factory

The Hospital

The Supermarket

Other

Geographic Segmentation
  • North America (USA, Canada, Mexico)
  • Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
  • South America (Brazil, Argentina, Columbia, Rest of South America)
  • The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Procurement Software Market
  • Overview of the regional outlook of the Procurement Software Market:
Key Reasons to Buy this Report:
  • Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
  • This enables you to anticipate market changes to remain ahead of your competitors
  • You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
  • The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support
Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Procurement Software Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Procurement Software
1.2 Key Market Segments
1.2.1 Procurement Software Segment by Type
1.2.2 Procurement Software Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Procurement Software Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Procurement Software Market Competitive Landscape
3.1 Global Procurement Software Revenue Market Share by Company (2019-2024)
3.2 Procurement Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Procurement Software Market Size Sites, Area Served, Product Type
3.4 Procurement Software Market Competitive Situation and Trends
3.4.1 Procurement Software Market Concentration Rate
3.4.2 Global 5 and 10 Largest Procurement Software Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Procurement Software Value Chain Analysis
4.1 Procurement Software Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Procurement Software Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Procurement Software Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Procurement Software Market Size Market Share by Type (2019-2024)
6.3 Global Procurement Software Market Size Growth Rate by Type (2019-2024)
7 Procurement Software Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Procurement Software Market Size (M USD) by Application (2019-2024)
7.3 Global Procurement Software Market Size Growth Rate by Application (2019-2024)
8 Procurement Software Market Segmentation by Region
8.1 Global Procurement Software Market Size by Region
8.1.1 Global Procurement Software Market Size by Region
8.1.2 Global Procurement Software Market Size Market Share by Region
8.2 North America
8.2.1 North America Procurement Software Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Procurement Software Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Procurement Software Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Procurement Software Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Procurement Software Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Basware
9.1.1 Basware Procurement Software Basic Information
9.1.2 Basware Procurement Software Product Overview
9.1.3 Basware Procurement Software Product Market Performance
9.1.4 Basware Procurement Software SWOT Analysis
9.1.5 Basware Business Overview
9.1.6 Basware Recent Developments
9.2 IBM
9.2.1 IBM Procurement Software Basic Information
9.2.2 IBM Procurement Software Product Overview
9.2.3 IBM Procurement Software Product Market Performance
9.2.4 Basware Procurement Software SWOT Analysis
9.2.5 IBM Business Overview
9.2.6 IBM Recent Developments
9.3 Oracle
9.3.1 Oracle Procurement Software Basic Information
9.3.2 Oracle Procurement Software Product Overview
9.3.3 Oracle Procurement Software Product Market Performance
9.3.4 Basware Procurement Software SWOT Analysis
9.3.5 Oracle Business Overview
9.3.6 Oracle Recent Developments
9.4 PROACTIS
9.4.1 PROACTIS Procurement Software Basic Information
9.4.2 PROACTIS Procurement Software Product Overview
9.4.3 PROACTIS Procurement Software Product Market Performance
9.4.4 PROACTIS Business Overview
9.4.5 PROACTIS Recent Developments
9.5 SAP
9.5.1 SAP Procurement Software Basic Information
9.5.2 SAP Procurement Software Product Overview
9.5.3 SAP Procurement Software Product Market Performance
9.5.4 SAP Business Overview
9.5.5 SAP Recent Developments
9.6 SciQuest
9.6.1 SciQuest Procurement Software Basic Information
9.6.2 SciQuest Procurement Software Product Overview
9.6.3 SciQuest Procurement Software Product Market Performance
9.6.4 SciQuest Business Overview
9.6.5 SciQuest Recent Developments
9.7 BravoSolution
9.7.1 BravoSolution Procurement Software Basic Information
9.7.2 BravoSolution Procurement Software Product Overview
9.7.3 BravoSolution Procurement Software Product Market Performance
9.7.4 BravoSolution Business Overview
9.7.5 BravoSolution Recent Developments
9.8 BuyerQuest
9.8.1 BuyerQuest Procurement Software Basic Information
9.8.2 BuyerQuest Procurement Software Product Overview
9.8.3 BuyerQuest Procurement Software Product Market Performance
9.8.4 BuyerQuest Business Overview
9.8.5 BuyerQuest Recent Developments
9.9 Coupa Software
9.9.1 Coupa Software Procurement Software Basic Information
9.9.2 Coupa Software Procurement Software Product Overview
9.9.3 Coupa Software Procurement Software Product Market Performance
9.9.4 Coupa Software Business Overview
9.9.5 Coupa Software Recent Developments
9.10 Elcom
9.10.1 Elcom Procurement Software Basic Information
9.10.2 Elcom Procurement Software Product Overview
9.10.3 Elcom Procurement Software Product Market Performance
9.10.4 Elcom Business Overview
9.10.5 Elcom Recent Developments
9.11 Epicor
9.11.1 Epicor Procurement Software Basic Information
9.11.2 Epicor Procurement Software Product Overview
9.11.3 Epicor Procurement Software Product Market Performance
9.11.4 Epicor Business Overview
9.11.5 Epicor Recent Developments
9.12 Infor
9.12.1 Infor Procurement Software Basic Information
9.12.2 Infor Procurement Software Product Overview
9.12.3 Infor Procurement Software Product Market Performance
9.12.4 Infor Business Overview
9.12.5 Infor Recent Developments
9.13 IQNavigator
9.13.1 IQNavigator Procurement Software Basic Information
9.13.2 IQNavigator Procurement Software Product Overview
9.13.3 IQNavigator Procurement Software Product Market Performance
9.13.4 IQNavigator Business Overview
9.13.5 IQNavigator Recent Developments
9.14 Ivalua
9.14.1 Ivalua Procurement Software Basic Information
9.14.2 Ivalua Procurement Software Product Overview
9.14.3 Ivalua Procurement Software Product Market Performance
9.14.4 Ivalua Business Overview
9.14.5 Ivalua Recent Developments
9.15 JDA Software
9.15.1 JDA Software Procurement Software Basic Information
9.15.2 JDA Software Procurement Software Product Overview
9.15.3 JDA Software Procurement Software Product Market Performance
9.15.4 JDA Software Business Overview
9.15.5 JDA Software Recent Developments
10 Procurement Software Regional Market Forecast
10.1 Global Procurement Software Market Size Forecast
10.2 Global Procurement Software Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Procurement Software Market Size Forecast by Country
10.2.3 Asia Pacific Procurement Software Market Size Forecast by Region
10.2.4 South America Procurement Software Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Procurement Software by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Procurement Software Market Forecast by Type (2025-2030)
11.2 Global Procurement Software Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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