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Procurement Analytics Market Size- By Component, By Deployment Mode, By Enterprise Size, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033

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  • Amazon Web Services(AWS)
  • BirchStreet Systems
  • Cisco System, Inc.
  • International Business Machine(IBM)
  • Microsoft Corporation
  • Oracle Corporation
  • Rosslyn Data Technologies
  • Simfoni
  • Workday, Inc.
  • Zycus Inc.

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Introduction and Overview

According to SPER market research, 'Procurement Analytics Market Size- By Component, By Deployment Mode, By Enterprise Size, By Application, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033' state that the Global Procurement Analytics Market is predicted to reach USD 7.34 billion by 2033 with a CAGR of 22.11%.

The practice of utilizing quantitative and analytical techniques to mine the vast reservoir of procurement data in order to produce a set of useful insights that can boost productivity and enhance operations is known as procurement analytics. Organizations' requirement for a consolidated perspective of procurement cost has led to the necessity for procurement analytics. Through one-off efforts like spend cubes and specialized solutions, procurement analytics has grown.

Businesses all throughout the world were analyzing and resolving the effects of COVID-19 on supply chain and procurement processes. All the organizations were impacted, but only a handful completely realized how disruptive this would be. In addition, the pandemic caused several procurement companies to lower their cost-reduction targets.

Scope of the Report

Report Metric Details:

  • Market size available for years: 2019-2033
  • Base year considered: 2022
  • Forecast period: 2023-2033
  • Segments covered: By Component, By Deployment Mode, By Enterprise Size, By Application, By End User.
  • Regions covered: North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
  • Companies Covered: Amazon Web Services (AWS), BirchStreet Systems, Cisco System, Inc., International Business Machine (IBM), Microsoft Corporation, Oracle Corporation, Rosslyn Data Technologies, Simfoni, Workday, Inc., Zycus Inc.

Key Segments Covered:

  • By Component: Based on the Component, Global Procurement Analytics Market is segmented as; Services, Solutions.
  • By Deployment Mode: Based on the Deployment Mode, Global Procurement Analytics Market is segmented as; Cloud, On-Premise.
  • By Enterprise Size: Based on the Enterprise Size, Global Procurement Analytics Market is segmented as; Large Enterprise, SMEs.
  • By Application: Based on the Application, Global Procurement Analytics Market is segmented as; Category Management, Contract Management, Process Management, Spend Management, Strategic Sourcing, Transaction Management.

Table of Contents

1. Introduction

  • 1.1. Scope of the report
  • 1.2. Market segment analysis

2. Research Methodology

  • 2.1. Research data source
    • 2.1.1. Secondary Data
    • 2.1.2. Primary Data
    • 2.1.3. SPER's internal database
    • 2.1.4. Premium insight from KOL's
  • 2.2. Market size estimation
    • 2.2.1. Top-down and Bottom-up approach
  • 2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

  • 4.1. Driver, Restraint, Opportunity and Challenges analysis
    • 4.1.1. Drivers
    • 4.1.2. Restraints
    • 4.1.3. Opportunities
    • 4.1.4. Challenges
  • 4.2. COVID-19 Impacts on the Global Procurement Analytics Market

5. Market variable and outlook

  • 5.1. SWOT Analysis
    • 5.1.1. Strengths
    • 5.1.2. Weaknesses
    • 5.1.3. Opportunities
    • 5.1.4. Threats
  • 5.2. PESTEL Analysis
    • 5.2.1. Political Landscape
    • 5.2.2. Economic Landscape
    • 5.2.3. Social Landscape
    • 5.2.4. Technological Landscape
    • 5.2.5. Environmental Landscape
    • 5.2.6. Legal Landscape
  • 5.3. PORTER's Five Forces
    • 5.3.1. Bargaining power of suppliers
    • 5.3.2. Bargaining power of buyers
    • 5.3.3. Threat of Substitute
    • 5.3.4. Threat of new entrant
    • 5.3.5. Competitive rivalry
  • 5.4. Heat Map Analysis

6. Competitive Landscape

  • 6.1. Global Procurement Analytics Market Manufacturing Base Distribution, Sales Area, Product Type
  • 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Procurement Analytics Market

7. Global Procurement Analytics Market, By Component (USD Million)

  • 7.1. Global Procurement Analytics Market Value Share and Forecast, By Component, 2023-2033
  • 7.2. Services
  • 7.3. Solution

8. Global Procurement Analytics Market, By Deployment Mode (USD Million)

  • 8.1. Global Procurement Analytics Market Value Share and Forecast, By Deployment Mode, 2023-2033
  • 8.2. Cloud
  • 8.3. On-Premise

9. Global Procurement Analytics Market, By Enterprise Size (USD Million)

  • 9.1. Global Procurement Analytics Market Value Share and Forecast, By Enterprise Size, 2023-2033
  • 9.2. Large Enterprise
  • 9.3. SMEs

10. Global Procurement Analytics Market, By Application (USD Million)

  • 10.1. Global Procurement Analytics Market Value Share and Forecast, By Application, 2023-2033
  • 10.2. Category Management
  • 10.3. Contract Management
  • 10.4. Process Management
  • 10.5. Spend Management
  • 10.6. Strategic Sourcing
  • 10.7. Transaction Management

11. Global Procurement Analytics Market, By End User (USD Million)

  • 11.1. Global Procurement Analytics Market Value Share and Forecast, By End User, 2023-2033
  • 11.2. BFSI
  • 11.3. Healthcare
  • 11.4. IT and Telecom
  • 11.5. Manufacturing
  • 11.6. Retail
  • 11.7. Others

12. Global Procurement Analytics Market Forecast, 2019-2033 (USD Million)

  • 12.1. Global Procurement Analytics Market Size and Market Share

13. Global Procurement Analytics Market, By Component 2019-2033 (USD Million)

  • 13.1. Global Procurement Analytics Market Size and Market Share by Component (2019-2026)
  • 13.2. Global Procurement Analytics Market Size and Market Share by Component (2027-2033)

14. Global Procurement Analytics Market, By Deployment Mode, 2019-2033 (USD Million)

  • 14.1. Global Procurement Analytics Market Size and Market Share by Deployment Mode (2019-2026)
  • 14.2. Global Procurement Analytics Market Size and Market Share by Deployment Mode (2027-2033)

15. Global Procurement Analytics Market, By Enterprise Size, 2019-2033 (USD Million)

  • 15.1. Global Procurement Analytics Market Size and Market Share by Enterprise Size (2019-2026)
  • 15.2. Global Procurement Analytics Market Size and Market Share by Enterprise Size (2027-2033)

16. Global Procurement Analytics Market, By Application, 2019-2033 (USD Million)

  • 16.1. Global Procurement Analytics Market Size and Market Share by Application (2019-2026)
  • 16.2. Global Procurement Analytics Market Size and Market Share by Application (2027-2033)

17. Global Procurement Analytics Market, By End User, 2019-2033 (USD Million)

  • 17.1. Global Procurement Analytics Market Size and Market Share by End User (2019-2026)
  • 17.2. Global Procurement Analytics Market Size and Market Share by End User (2027-2033)

18. Global Procurement Analytics Market, By Region, 2019-2033 (USD Million)

  • 18.1. Global Procurement Analytics Market Size and Market Share by Region (2019-2026)
  • 18.2. Global Procurement Analytics Market Size and Market Share by Region (2027-2033)
  • 18.3. Asia-Pacific
    • 18.3.1. Australia
    • 18.3.2. China
    • 18.3.3. India
    • 18.3.4. Japan
    • 18.3.5. South Korea
    • 18.3.6. Rest of Asia-Pacific
  • 18.4. Europe
    • 18.4.1. France
    • 18.4.2. Germany
    • 18.4.3. Italy
    • 18.4.4. Spain
    • 18.4.5. United Kingdom
    • 18.4.6. Rest of Europe
  • 18.5. Middle East and Africa
    • 18.5.1. Kingdom of Saudi Arabia
    • 18.5.2. United Arab Emirates
    • 18.5.3. Rest of Middle East & Africa
  • 18.6. North America
    • 18.6.1. Canada
    • 18.6.2. Mexico
    • 18.6.3. United States
  • 18.7. Latin America
    • 18.7.1. Argentina
    • 18.7.2. Brazil
    • 18.7.3. Rest of Latin America

19. Company Profile

  • 19.1. Amazon Web Services (AWS)
    • 19.1.1. Company details
    • 19.1.2. Financial outlook
    • 19.1.3. Product summary
    • 19.1.4. Recent developments
  • 19.2. BirchStreet Systems
    • 19.2.1. Company details
    • 19.2.2. Financial outlook
    • 19.2.3. Product summary
    • 19.2.4. Recent developments
  • 19.3. Cisco System, Inc.
    • 19.3.1. Company details
    • 19.3.2. Financial outlook
    • 19.3.3. Product summary
    • 19.3.4. Recent developments
  • 19.4. International Business Machine (IBM)
    • 19.4.1. Company details
    • 19.4.2. Financial outlook
    • 19.4.3. Product summary
    • 19.4.4. Recent developments
  • 19.5. Microsoft Corporation
    • 19.5.1. Company details
    • 19.5.2. Financial outlook
    • 19.5.3. Product summary
    • 19.5.4. Recent developments
  • 19.6. Oracle Corporation
    • 19.6.1. Company details
    • 19.6.2. Financial outlook
    • 19.6.3. Product summary
    • 19.6.4. Recent developments
  • 19.7. Rosslyn Data Technologies
    • 19.7.1. Company details
    • 19.7.2. Financial outlook
    • 19.7.3. Product summary
    • 19.7.4. Recent developments
  • 19.8. Simfoni
    • 19.8.1. Company details
    • 19.8.2. Financial outlook
    • 19.8.3. Product summary
    • 19.8.4. Recent developments
  • 19.9. Workday, Inc.
    • 19.9.1. Company details
    • 19.9.2. Financial outlook
    • 19.9.3. Product summary
    • 19.9.4. Recent developments
  • 19.10. Zycus Inc.
    • 19.10.1. Company details
    • 19.10.2. Financial outlook
    • 19.10.3. Product summary
    • 19.10.4. Recent developments
  • 19.11. Others

20. List of Abbreviations

21. Reference Links

22. Conclusion

23. Research Scope

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