P2P(Procure To Pay) 솔루션 시장 : 규모, 점유율, 동향 분석, 컴포넌트별, 전개별, 기업 규모별, 최종 용도별, 지역별, 부문별 예측(2025-2033년)

Procure To Pay Solution Market Summary

The global procure to pay solution market size was estimated at USD 8.02 billion in 2024, and is projected to reach USD 14.07 billion by 2033, growing at a CAGR of 6.8% from 2025 to 2033. Market growth is driven by the growing need for end-to-end automation of procurement workflows to enhance operational efficiency and cost control. In addition, integrating AI and analytics enables real-time spend visibility and smarter decision-making across enterprises.

Organizations increasingly focus on automating their procurement and payment workflows to eliminate inefficiencies and reduce manual errors. Traditional procurement processes are time-consuming and prone to delays, leading to lost productivity. P2P solutions offer a centralized platform to streamline sourcing, purchasing, invoicing, and payment. This automation not only speeds up transactions but also enhances compliance. The demand for operational efficiency is one of the primary drivers behind the growing adoption of P2P platforms.

Advanced technologies like artificial intelligence (AI), machine learning (ML), and predictive analytics are transforming the P2P landscape. These capabilities enable smart invoice matching, anomaly detection, and automated decision-making. With real-time data insights, organizations can better manage spending, identify cost-saving opportunities, and mitigate procurement risks. AI-powered assistants and bots are also being used to handle routine tasks, improving productivity. The ability to gain intelligent insights makes AI integration a must-have in modern P2P systems.

Cloud-based P2P platforms are gaining popularity due to their lower upfront costs, scalability, and faster implementation. Unlike legacy systems, cloud solutions support real-time collaboration across geographically dispersed teams. They offer seamless integration with ERP systems and provide users with access to data from anywhere. This particularly appeals to small and medium-sized enterprises (SMEs) that require flexible and cost-effective solutions. As a result, cloud deployment is rapidly becoming the preferred model across industries.

Effective supplier relationship management has become a top priority for businesses facing volatile supply chains. P2P platforms now include tools for onboarding, performance tracking, and compliance management. These features help organizations build stronger, more transparent relationships with vendors. Enhanced collaboration also supports early payment discounts and contract compliance. Companies leverage P2P systems to manage supplier risk and ensure continuity as global supply chains grow more complex.

Global Procure To Pay Solution Market Report Segmentation

This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global procure to pay solution market report based on component, deployment, enterprise size, end use, and region:

• Component Outlook (Revenue, USD Billion, 2021 - 2033)
• Software
• Services
• Deployment Outlook (Revenue, USD Billion, 2021 - 2033)
• On-Premises
• Cloud
• Enterprise Size Outlook (Revenue, USD Billion, 2021 - 2033)
• Large Enterprises
• Small & Medium Enterprises (SMEs)
• End Use Outlook (Revenue, USD Billion, 2021 - 2033)
• Manufacturing
• BFSI
• Retail
• Healthcare
• IT & Telecom
• Others
• Regional Outlook (Revenue, USD Billion, 2021 - 2033)
• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
• Latin America
  • Brazil
• Middle East and Africa (MEA)
  • KSA
  • UAE
  • South Africa

Table of Contents

Chapter 1. Methodology and Scope

• 1.1. Market Segmentation and Scope
• 1.2. Research Methodology
  • 1.2.1. Information Procurement
• 1.3. Information or Data Analysis
• 1.4. Methodology
• 1.5. Research Scope and Assumptions
• 1.6. Market Formulation & Validation
• 1.7. Country-Based Segment Share Calculation
• 1.8. List of Data Sources

Chapter 2. Executive Summary

• 2.1. Market Outlook
• 2.2. Segment Outlook
• 2.3. Competitive Insights

Chapter 3. Procure to Pay Solution Market Variables, Trends, & Scope

• 3.1. Market Lineage Outlook
• 3.2. Market Dynamics
  • 3.2.1. Market Driver Analysis
  • 3.2.2. Market Restraint Analysis
  • 3.2.3. Industry Challenge
• 3.3. Procure to Pay Solution Market Analysis Tools
  • 3.3.1. Industry Analysis - Porter's
    • 3.3.1.1. Bargaining power of the suppliers
    • 3.3.1.2. Bargaining power of the buyers
    • 3.3.1.3. Threats of substitution
    • 3.3.1.4. Threats from new entrants
    • 3.3.1.5. Competitive rivalry
  • 3.3.2. PESTEL Analysis
    • 3.3.2.1. Political landscape
    • 3.3.2.2. Economic landscape
    • 3.3.2.3. Social landscape
    • 3.3.2.4. Technological landscape
    • 3.3.2.5. Environmental landscape
    • 3.3.2.6. Legal landscape

Chapter 4. Procure to Pay Market: Component Estimates & Trend Analysis

• 4.1. Segment Dashboard
• 4.2. Procure to Pay Market: Component Movement Analysis, USD Million, 2024 & 2033
• 4.3. Software
  • 4.3.1. Software Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 4.4. Services
  • 4.4.1. Services Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 5. Procure to Pay Market: Deployment Estimates & Trend Analysis

• 5.1. Segment Dashboard
• 5.2. Procure to Pay Solution Market: Deployment Movement Analysis, USD Million, 2024 & 2033
• 5.3. On-premise
  • 5.3.1. On-premise Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 5.4. Cloud
  • 5.4.1. Cloud Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 6. Procure to Pay Solution Market: Enterprise Size Estimates & Trend Analysis

• 6.1. Segment Dashboard
• 6.2. Procure to Pay Solution Market: Enterprise Size Movement Analysis, USD Million, 2024 & 2033
• 6.3. Large Enterprises
  • 6.3.1. Large Enterprises Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 6.4. Small & Medium Enterprises
  • 6.4.1. Small & Medium Enterprises Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 7. Procure to Pay Solution Market: End Use Estimates & Trend Analysis

• 7.1. Segment Dashboard
• 7.2. Procure to Pay Solution Market: End Use Movement Analysis, USD Million, 2024 & 2033
• 7.3. Manufacturing
  • 7.3.1. Manufacturing Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.4. BFSI
  • 7.4.1. BFSI Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.5. Retail
  • 7.5.1. Retail Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.6. Healthcare
  • 7.6.1. Healthcare Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.7. IT & Telecom
  • 7.7.1. IT & Telecom Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)
• 7.8. Others
  • 7.8.1. Others Market Revenue Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 8. Procure to Pay Solution Market: Regional Estimates & Trend Analysis

• 8.1. Procure to Pay Solution Market Share, By Region, 2024 & 2033, USD Million
• 8.2. North America
  • 8.2.1. North America Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.2. U.S.
    • 8.2.2.1. U.S. Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.3. Canada
    • 8.2.3.1. Canada Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.2.4. Mexico
    • 8.2.4.1. Mexico Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.3. Europe
  • 8.3.1. Europe Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.2. UK
    • 8.3.2.1. UK Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.3. Germany
    • 8.3.3.1. Germany Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.3.4. France
    • 8.3.4.1. France Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.4. Asia Pacific
  • 8.4.1. Asia Pacific Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.2. China
    • 8.4.2.1. China Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.3. Japan
    • 8.4.3.1. Japan Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.4. India
    • 8.4.4.1. India Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.5. South Korea
    • 8.4.5.1. South Korea Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.4.6. Australia
    • 8.4.6.1. Australia Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.5. Latin America
  • 8.5.1. Latin America Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.5.2. Brazil
    • 8.5.2.1. Brazil Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
• 8.6. Middle East and Africa
  • 8.6.1. Middle East and Africa Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.2. UAE
    • 8.6.2.1. UAE Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.3. KSA
    • 8.6.3.1. KSA Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)
  • 8.6.4. South Africa
    • 8.6.4.1. South Africa Procure to Pay Solution Market Estimates and Forecasts, 2021 - 2033 (USD Million)

Chapter 9. Competitive Landscape

• 9.1. Company Categorization
• 9.2. Company Market Positioning
• 9.3. Company Heat Map Analysis
• 9.4. Company Profiles/Listing
  • 9.4.1. SAP SE
    • 9.4.1.1. Participant's Overview
    • 9.4.1.2. Financial Performance
    • 9.4.1.3. Product Benchmarking
    • 9.4.1.4. Strategic Initiatives
  • 9.4.2. Coupa Software Inc.
    • 9.4.2.1. Participant's Overview
    • 9.4.2.2. Financial Performance
    • 9.4.2.3. Product Benchmarking
    • 9.4.2.4. Strategic Initiatives
  • 9.4.3. Oracle Corporation
    • 9.4.3.1. Participant's Overview
    • 9.4.3.2. Financial Performance
    • 9.4.3.3. Product Benchmarking
    • 9.4.3.4. Strategic Initiatives
  • 9.4.4. JAGGAER
    • 9.4.4.1. Participant's Overview
    • 9.4.4.2. Financial Performance
    • 9.4.4.3. Product Benchmarking
    • 9.4.4.4. Strategic Initiatives
  • 9.4.5. Basware Corporation
    • 9.4.5.1. Participant's Overview
    • 9.4.5.2. Financial Performance
    • 9.4.5.3. Product Benchmarking
    • 9.4.5.4. Strategic Initiatives
  • 9.4.6. Zycus Inc.
    • 9.4.6.1. Participant's Overview
    • 9.4.6.2. Financial Performance
    • 9.4.6.3. Product Benchmarking
    • 9.4.6.4. Strategic Initiatives
  • 9.4.7. GEP
    • 9.4.7.1. Participant's Overview
    • 9.4.7.2. Financial Performance
    • 9.4.7.3. Product Benchmarking
    • 9.4.7.4. Strategic Initiatives
  • 9.4.8. Infor
    • 9.4.8.1. Participant's Overview
    • 9.4.8.2. Financial Performance
    • 9.4.8.3. Product Benchmarking
    • 9.4.8.4. Strategic Initiatives
  • 9.4.9. IBM Corporation
    • 9.4.9.1. Participant's Overview
    • 9.4.9.2. Financial Performance
    • 9.4.9.3. Product Benchmarking
    • 9.4.9.4. Strategic Initiatives
  • 9.4.10. Tradeshift
    • 9.4.10.1. Participant's Overview
    • 9.4.10.2. Financial Performance
    • 9.4.10.3. Product Benchmarking
    • 9.4.10.4. Strategic Initiatives