Global Cloud Procurement Software Market Growth (Status and Outlook) 2023-2029

Global Cloud Procurement Software Market Growth (Status and Outlook) 2023-2029

The global Cloud Procurement Software market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Cloud Procurement Software is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Cloud Procurement Software is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Cloud Procurement Software is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Cloud Procurement Software players cover SAP, Coupa, Mercateo, GEP, Workday, Open Text, Jaggaer, Infor and Visma, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Cloud-based procurement allows companies to streamline their procurement processes from supplier management to sourcing and invoicing. Software as a Service (SAAS) enables procurement managers to obtain their required resources at an affordable price as well as considerable flexibility and security.

LPI (LP Information)' newest research report, the “Cloud Procurement Software Industry Forecast” looks at past sales and reviews total world Cloud Procurement Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Cloud Procurement Software sales for 2023 through 2029. With Cloud Procurement Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cloud Procurement Software industry.

This Insight Report provides a comprehensive analysis of the global Cloud Procurement Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cloud Procurement Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cloud Procurement Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cloud Procurement Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cloud Procurement Software.

This report presents a comprehensive overview, market shares, and growth opportunities of Cloud Procurement Software market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Web-based
Mobile-based

Segmentation by application
SMEs
Large Enterprises

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SAP
Coupa
Mercateo
GEP
Workday
Open Text
Jaggaer
Infor
Visma
Zycus

Please note: The report will take approximately 2 business days to prepare and deliver.