Global Procurement Software Market size was valued at US$ 6.27 Bn. in 2021 and the total revenue is expected to grow at 8 % through 2021 to 2029, reaching nearly US$ 11.61 Bn.
Procurement Software Market Overview
Maximize Market Research has published an intelligence report entitled Global Procurement Software Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, which includes meticulous primary and secondary research methods. The report covers insights into the Procurement Software market along with its ever-changing patterns, industry environment, and all dominant aspects of the market. The research methodology has been applied to examine the global Procurement Software market and the findings have been logically mentioned in the report.
To remain ‘ahead’ of your competitors, request for a sample: https://www.maximizemarketresearch.com/request-sample/26731
Procurement Software Market Scope
Global Procurement Software Market research report provides vital statistics and analytical knowledge to grant an entire understanding of the market size, share, growth, trend, demand, top player and industry summary, opportunities, worth cycle, end-users, technology, types, and application. In addition, the report provides a detailed analysis of the competitive landscape and product offerings of key players, as well as investment opportunities available in the micro market for stakeholders. Qualitative and quantitative data provided by Procurement Software market research show that decision-makers are likely to see which market segments and regions are expected to grow faster, the factors that influence the market, and which areas are important opportunities. The report includes the competitive landscape of key industry players as well as new trends in the Procurement Software market.
Segmentation
When deployed, With a 54.10% market share in 2021, the on-premises deployment model segment led the industry. However, it is predicted that the market will contract throughout the projection period as a result of businesses starting to use cloud procurement software due to its affordability, flexibility, and agility. The need for cloud procurement software solutions will also increase due to the necessity of making significant initial and ongoing investments in hardware, software upgrades, servers, and the hiring of qualified personnel for on-premises deployment.
With a 30.3% market share in 2021, the Manufacturing industry category led the market. Manufacturing organisations are increasingly embracing technology-driven solutions for procurement outsourcing that allow them to concentrate on their core competencies, such as manufacturing expertise, production, and on-time delivery. Simplify production procedures to save a lot of money. These elements are fueling market expansion.
1. Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Procurement Software Market Size, by Market Value (US$ Bn)
3.1. Market Segmentation
3.2. Market Segmentation Share Analysis, 2020
3.2.1.
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Market
3.4. Geographical Snapshot of the Market, By Manufacturer share
Key Players
• Basware
• IBM
• Oracle
• PROACTIS
• SAP
• SciQuest
• BravoSolution
• BuyerQuest
• Coupa Software Inc.
• Elcom
• Epicor
• Infor
• IQNavigator
• Ivalua
• JDA Software
• Manhattan Associates
• OpusCapita
• Tradeshift
• Tungsten Network
• Vinimaya
• Zycus
Regional Analysis
The report on the Market’s growth provides a detailed regional analysis. It demonstrates the most significant regional divides, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, has global influence. To keep ahead of the competition, market research gains a better perspective and understanding of the market and target audience.
For critical insights on this market, request for methodology here: https://www.maximizemarketresearch.com/request-sample/26731
Key Questions answered in the Procurement Software Market Report are:
- What is Market?
- What is the forecast period of the Market?
- What is the competitive scenario of the market?
- Which region held the largest market share in the Market?
- What are the opportunities for the Market?
- What are the restraining factors in themarket?
- Who are the key players of the market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Procurement Software
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
+91 96071 95908, +91 9607365656
