Global Procurement Analytics Market Size, Trends and Growth Opportunity, By Component (Solution and Services), By Deployment Mode (On Premise and Cloud), By Application (Strategic Sourcing, Spend Management, Process Management, Category Management, Contract Management, and Transaction Management), By Industry Vertical (BFSI, Manufacturing, Retail, IT and Telecom, Healthcare, and Others), By Region, Cumulative Impact Analysis and Forecast Till 2030.

Report ID : AMR1004609 | Industries : ICT | Published On :December 2023 | Page Count : 227

The Global Procurement Analytics Market was valued at USD 3.3 Billion in 2022 and it is expected to reach USD 32.3 Billion in 2030 at a CAGR of 32.95% during forecast period 2023-2030.

The Russia-Ukraine Conflict, High Inflation, and Cumulative Impact of COVID-19 are anticipated to have a significant long-term impact on the Global Procurement Analytics Market. The ongoing research takes into consideration how the pandemic has affected consumer behavior, supply chain disruptions, and governmental initiatives. The research report focuses on the ongoing economic and political upheaval in Eastern Europe led by the Russia-Ukraine Conflict, as well as the potential impacts it may have on the demand-supply balances, pressure on pricing variations, and import-export and trading. The research report additionally addresses the impacts of high inflation on the world economy and provides an overview of the fiscal measures taken to monitor and minimize the effects of high inflation on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

The Global Procurement Analytics Market can be classified into the following segments in order to forecast sales and examine trends:

• Based on Component, the market is classified into Solution and Services.
• Based on Deployment Mode, the market is classified into On Premise and Cloud.
• Based on Application, the market is classified into Strategic Sourcing, Spend Management, Process Management, Category Management, Contract Management, and Transaction Management.
• Based on Industry Vertical, the market is classified into BFSI, Manufacturing, Retail, IT and Telecom, Healthcare, and Others.
• Based on Region, the market is studied across North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. The North America Americas is further divided into the United States, Canada, and Mexico. Europe is further bifurcated into Germany, UK, France, Russia, Italy, Spain and Rest of Europe. The Asia-Pacific region is further segmented into China, India, Japan, South Korea, Australia, Malaysia, Singapore, New Zealand, and Rest of Asia-Pacific. The countries in the Latin American region include Brazil, Argentina, Peru, Chile, Colombia, Venezuela and Rest of Latin America. The Middle East and African region is classified into Saudi Arabia, UAE, Kuwait, Egypt, Kuwait and Rest of Middle East and Africa.

Competitive Landscape:

The competitive landscape analysis in the Procurement Analytics Market involves a comprehensive assessment of key market players, their market share, product offerings, recent developments, strategies, partnerships, and mergers/acquisitions. This analysis provides valuable insights into the competitive dynamics and helps stakeholders understand the position of each player in the market. A SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is conducted for each major player to assess their internal capabilities, vulnerabilities, and external market factors that impact their competitiveness. This analysis helps to identify the competitive advantages and areas for improvement for each player.
Overall, the competitive landscape analysis provides a holistic view of the Procurement Analytics Market, highlighting the key players, their market share, product offerings, recent developments, strategies, and SWOT analysis. This information assists stakeholders in making informed decisions, formulating effective strategies, and identifying potential partnerships or investment opportunities.

Key Players:

The research report thoroughly analyses the most significant recent advancements by the top players and innovation profiles in the Global Procurement Analytics Market, comprising: Cisco Systems Inc., IBM, Microsoft, Genpact, SAP SE, Data Technologies, SAS Institute, Oracle Corporation, Coupa Software, and Rosslyn Data Technologies.

Regional Analysis:

The analysis includes important geographic areas like North America, Europe, Asia Pacific, and the rest of the world. For important markets within each area, it might also contain analysis at the country level. This analysis throws light on the market dynamics, trends, and opportunities unique to various geographical areas. With the aid of the regional analysis, stakeholders can better understand the regional variations in the market for Procurement Analytics, allowing them to modify their plans and investments in accordance with the unique market dynamics and opportunities in each region.

The report offers insights on the following guidelines:

1. Market Penetration: Major players offer detail information on the market.
2. Market Development: Examines market penetration in mature market sectors and provides in-depth information regarding potential new markets.
3. Market Diversification: Contains comprehensive information on newly released products, undeveloped regions, current events, and investments
4. Market Trends: Provides an in-depth analysis of the impact of COVID-19 cumulatively, Cumulative Impact due to Nearing Economic Downturn, the conflict in Russia and Ukraine, and the high inflation rate.
5. Competitive Assessment & Intelligence: Offers a thorough analysis of the market shares, business plans, goods, certifications, legal permits, patent landscape, and manufacturing prowess of the major companies.
6. Product Development & Innovation: Offers analytical perspectives on emerging technologies, R&D initiatives, and ground-breaking product developments.

The report answers questions such as:

What is the market size and forecast of the Global Procurement Analytics Market?
What are the limiting factors and impact of COVID-19 shaping the Global Procurement Analytics Market during the forecast period?
Which are the products/segments/applications/areas to invest in over the forecast period in the Global Procurement Analytics Market?
What is the competitive strategic window for opportunities in the Global Procurement Analytics Market?
What are the technology trends and regulatory frameworks in the Global Procurement Analytics Market?
What is the market share of the leading vendors in the Global Procurement Analytics Market?
What entry strategies and modalities are deemed appropriate for the global Procurement Analytics market?

Frequently Asked Questions (FAQ) regarding the Global Procurement Analytics Market:

What is the anticipated size of the global market for Procurement Analytics?
What is the market size for Procurement Analytics globally?
What is the projected size of the global market for Procurement Analytics?
Who are the most prominent companies in the global market for Procurement Analytics?

Global Procurement Analytics Market

1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Procurement Analytics Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to Recent Energy Crisis
4.2.5 Cumulative Impact due to Nearing Economic Downturn
4.2.6 Post Covid-19 World Supply & Demand Conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Procurement Analytics Market, By Component
5.1 Y-o-Y Growth Comparison, By Component
5.2 Global Procurement Analytics Market Share Analysis, By Component
5.3 Global Procurement Analytics Market Size and Forecast, By Component
5.3.1 Solution
5.3.2 Services
6 Global Procurement Analytics Market, By Deployment
6.1 Y-o-Y Growth Comparison, By Deployment
6.2 Global Procurement Analytics Market Share Analysis, By Deployment
6.3 Global Procurement Analytics Market Size and Forecast, By Deployment
6.3.1 On Premise
6.3.2 Cloud
7 Global Procurement Analytics Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Procurement Analytics Market Share Analysis, By Application
7.3 Global Procurement Analytics Market Size and Forecast, By Application
7.3.1 Strategic Sourcing
7.3.2 Spend Management
7.3.3 Process Management
7.3.4 Category Management
7.3.5 Contract Management
7.3.6 Transaction Management
8 Global Procurement Analytics Market, By Industry Vertical
8.1 Y-o-Y Growth Comparison, By Industry Vertical
8.2 Global Procurement Analytics Market Share Analysis, By Industry Vertical
8.3 Global Procurement Analytics Market Size and Forecast, By Industry Vertical
8.3.1 BFSI
8.3.2 Manufacturing
8.3.3 Retail
8.3.4 IT and Telecom
8.3.5 Healthcare
8.3.6 Others
9 Global Procurement Analytics Market, By Region
9.1 Global Procurement Analytics Market Share Analysis, By Region
9.2 Global Procurement Analytics Market Size and Forecast, By Region
9.3 Global Procurement Analytics Market Trends and Forecast, By Region
10 North America Procurement Analytics Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Procurement Analytics Market Size and Forecast, By Component
10.3 North America Procurement Analytics Market Size and Forecast, By Deployment
10.4 North America Procurement Analytics Market Size and Forecast, By Application
10.5 North America Procurement Analytics Market Size and Forecast, By Industry Vertical
10.6 North America Procurement Analytics Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1 Market Size and Forecast, By Component
10.6.1.2 Market Size and Forecast, By Deployment
10.6.1.3 Market Size and Forecast, By Application
10.6.1.4 Market Size and Forecast, By Industry Vertical
10.6.2 Canada
10.6.2.1 Market Size and Forecast, By Component
10.6.2.2 Market Size and Forecast, By Deployment
10.6.2.3 Market Size and Forecast, By Application
10.6.2.4 Market Size and Forecast, By Industry Vertical
10.6.3 Mexico
10.6.3.1 Market Size and Forecast, By Component
10.6.3.2 Market Size and Forecast, By Deployment
10.6.3.3 Market Size and Forecast, By Application
10.6.3.4 Market Size and Forecast, By Industry Vertical
11 Europe Procurement Analytics Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Procurement Analytics Market Size and Forecast, By Component
11.3 Europe Procurement Analytics Market Size and Forecast, By Deployment
11.4 Europe Procurement Analytics Market Size and Forecast, By Application
11.5 Europe Procurement Analytics Market Size and Forecast, By Industry Vertical
11.6 Europe Procurement Analytics Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1 Market Size and Forecast, By Component
11.6.1.2 Market Size and Forecast, By Deployment
11.6.1.3 Market Size and Forecast, By Application
11.6.1.4 Market Size and Forecast, By Industry Vertical
11.6.2 France
11.6.2.1 Market Size and Forecast, By Component
11.6.2.2 Market Size and Forecast, By Deployment
11.6.2.3 Market Size and Forecast, By Application
11.6.2.4 Market Size and Forecast, By Industry Vertical
11.6.3 UK
11.6.3.1 Market Size and Forecast, By Component
11.6.3.2 Market Size and Forecast, By Deployment
11.6.3.3 Market Size and Forecast, By Application
11.6.3.4 Market Size and Forecast, By Industry Vertical
11.6.4 Russia
11.6.4.1 Market Size and Forecast, By Component
11.6.4.2 Market Size and Forecast, By Deployment
11.6.4.3 Market Size and Forecast, By Application
11.6.4.4 Market Size and Forecast, By Industry Vertical
11.6.5 Italy
11.6.5.1 Market Size and Forecast, By Component
11.6.5.2 Market Size and Forecast, By Deployment
11.6.5.3 Market Size and Forecast, By Application
11.6.5.4 Market Size and Forecast, By Industry Vertical
11.6.6 Spain
11.6.6.1 Market Size and Forecast, By Component
11.6.6.2 Market Size and Forecast, By Deployment
11.6.6.3 Market Size and Forecast, By Application
11.6.6.4 Market Size and Forecast, By Industry Vertical
11.6.7 Rest of Europe
11.6.7.1 Market Size and Forecast, By Component
11.6.7.2 Market Size and Forecast, By Deployment
11.6.7.3 Market Size and Forecast, By Application
11.6.7.4 Market Size and Forecast, By Industry Vertical
12 Asia Pacific Procurement Analytics Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Procurement Analytics Market Size and Forecast, By Component
12.3 Asia Pacific Procurement Analytics Market Size and Forecast, By Deployment
12.4 Asia Pacific Procurement Analytics Market Size and Forecast, By Application
12.5 Asia Pacific Procurement Analytics Market Size and Forecast, By Industry Vertical
12.6 Asia Pacific Procurement Analytics Market Size and Forecast, By Country
12.6.1 China
12.6.1.1 Market Size and Forecast, By Component
12.6.1.2 Market Size and Forecast, By Deployment
12.6.1.3 Market Size and Forecast, By Application
12.6.1.4 Market Size and Forecast, By Industry Vertical
12.6.2 Japan
12.6.2.1 Market Size and Forecast, By Component
12.6.2.2 Market Size and Forecast, By Deployment
12.6.2.3 Market Size and Forecast, By Application
12.6.2.4 Market Size and Forecast, By Industry Vertical
12.6.3 India
12.6.3.1 Market Size and Forecast, By Component
12.6.3.2 Market Size and Forecast, By Deployment
12.6.3.3 Market Size and Forecast, By Application
12.6.3.4 Market Size and Forecast, By Industry Vertical
12.6.4 South Korea
12.6.4.1 Market Size and Forecast, By Component
12.6.4.2 Market Size and Forecast, By Deployment
12.6.4.3 Market Size and Forecast, By Application
12.6.4.4 Market Size and Forecast, By Industry Vertical
12.6.5 Australia
12.6.5.1 Market Size and Forecast, By Component
12.6.5.2 Market Size and Forecast, By Deployment
12.6.5.3 Market Size and Forecast, By Application
12.6.5.4 Market Size and Forecast, By Industry Vertical
12.6.6 New Zealand
12.6.6.1 Market Size and Forecast, By Component
12.6.6.2 Market Size and Forecast, By Deployment
12.6.6.3 Market Size and Forecast, By Application
12.6.6.4 Market Size and Forecast, By Industry Vertical
12.6.7 Singapore
12.6.7.1 Market Size and Forecast, By Component
12.6.7.2 Market Size and Forecast, By Deployment
12.6.7.3 Market Size and Forecast, By Application
12.6.7.4 Market Size and Forecast, By Industry Vertical
12.6.8 Malaysia
12.6.8.1 Market Size and Forecast, By Component
12.6.8.2 Market Size and Forecast, By Deployment
12.6.8.3 Market Size and Forecast, By Application
12.6.8.4 Market Size and Forecast, By Industry Vertical
12.6.9 Rest of Asia
12.6.9.1 Market Size and Forecast, By Component
12.6.9.2 Market Size and Forecast, By Deployment
12.6.9.3 Market Size and Forecast, By Application
12.6.9.4 Market Size and Forecast, By Industry Vertical
13 Latin America Procurement Analytics Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Procurement Analytics Market Size and Forecast, By Component
13.3 Latin America Procurement Analytics Market Size and Forecast, By Deployment
13.4 Latin America Procurement Analytics Market Size and Forecast, By Application
13.5 Latin America Procurement Analytics Market Size and Forecast, By Industry Vertical
13.6 Latin America Procurement Analytics Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1 Market Size and Forecast, By Component
13.6.1.2 Market Size and Forecast, By Deployment
13.6.1.3 Market Size and Forecast, By Application
13.6.1.4 Market Size and Forecast, By Industry Vertical
13.6.2 Argentina
13.6.2.1 Market Size and Forecast, By Component
13.6.2.2 Market Size and Forecast, By Deployment
13.6.2.3 Market Size and Forecast, By Application
13.6.2.4 Market Size and Forecast, By Industry Vertical
13.6.3 Colombia
13.6.3.1 Market Size and Forecast, By Component
13.6.3.2 Market Size and Forecast, By Deployment
13.6.3.3 Market Size and Forecast, By Application
13.6.3.4 Market Size and Forecast, By Industry Vertical
13.6.4 Peru
13.6.4.1 Market Size and Forecast, By Component
13.6.4.2 Market Size and Forecast, By Deployment
13.6.4.3 Market Size and Forecast, By Application
13.6.4.4 Market Size and Forecast, By Industry Vertical
13.6.5 Chile
13.6.5.1 Market Size and Forecast, By Component
13.6.5.2 Market Size and Forecast, By Deployment
13.6.5.3 Market Size and Forecast, By Application
13.6.5.4 Market Size and Forecast, By Industry Vertical
13.6.6 Venezuela
13.6.6.1 Market Size and Forecast, By Component
13.6.6.2 Market Size and Forecast, By Deployment
13.6.6.3 Market Size and Forecast, By Application
13.6.6.4 Market Size and Forecast, By Industry Vertical
13.6.7 Rest of Latin America
13.6.7.1 Market Size and Forecast, By Component
13.6.7.2 Market Size and Forecast, By Deployment
13.6.7.3 Market Size and Forecast, By Application
13.6.7.4 Market Size and Forecast, By Industry Vertical
14 Middle East Procurement Analytics Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Procurement Analytics Market Size and Forecast, By Component
14.3 Middle East Procurement Analytics Market Size and Forecast, By Deployment
14.4 Middle East Procurement Analytics Market Size and Forecast, By Application
14.5 Middle East Procurement Analytics Market Size and Forecast, By Industry Vertical
14.6 Middle East Procurement Analytics Market Size and Forecast, By Country
14.6.1 Saudi Arabia
14.6.1.1 Market Size and Forecast, By Component
14.6.1.2 Market Size and Forecast, By Deployment
14.6.1.3 Market Size and Forecast, By Application
14.6.1.4 Market Size and Forecast, By Industry Vertical
14.6.2 UAE
14.6.2.1 Market Size and Forecast, By Component
14.6.2.2 Market Size and Forecast, By Deployment
14.6.2.3 Market Size and Forecast, By Application
14.6.2.4 Market Size and Forecast, By Industry Vertical
14.6.3 Egypt
14.6.3.1 Market Size and Forecast, By Component
14.6.3.2 Market Size and Forecast, By Deployment
14.6.3.3 Market Size and Forecast, By Application
14.6.3.4 Market Size and Forecast, By Industry Vertical
14.6.4 Kuwait
14.6.4.1 Market Size and Forecast, By Component
14.6.4.2 Market Size and Forecast, By Deployment
14.6.4.3 Market Size and Forecast, By Application
14.6.4.4 Market Size and Forecast, By Industry Vertical
14.6.5 South Africa
14.6.5.1 Market Size and Forecast, By Component
14.6.5.2 Market Size and Forecast, By Deployment
14.6.5.3 Market Size and Forecast, By Application
14.6.5.4 Market Size and Forecast, By Industry Vertical
14.6.6 Rest of Middle East & Africa
14.6.6.1 Market Size and Forecast, By Component
14.6.6.2 Market Size and Forecast, By Deployment
14.6.6.3 Market Size and Forecast, By Application
14.6.6.4 Market Size and Forecast, By Industry Vertical
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 IBM Corporation
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Oracle Corporation
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Cisco Systems Inc
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Microsoft
16.4.1 Overview
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Genpact
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 SAP SE
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 Data Technologies
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 SAS Institute
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Coupa Software
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Rosslyn Data Technologies
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies