Latest Procurement Software Market 2024 Report & Forecast 2032 With 101 Pages | Market Growth Reports
Market Survey: “Global Procurement Software market size was valued at USD 7797.15 million in 2023 and is expected to expand at a CAGR of 9.89% during the forecast period, reaching USD 13732.07 million by 2032.”
Global “Procurement Software Market” Survey 2024 helps readers to understand the qualitative and quantitative aspects of the industry by analyzing key opportunities, CAGR, annual growth rate. The global Procurement Software market 2024-2032 research report provides a basic overview of the industry including definitions, classifications, applications, and industry chain structure. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume, and value, as well as price data.
The global Procurement Software market size was valued at USD 7797.15 million in 2023 and is expected to expand at a CAGR of 9.89% during the forecast period, reaching USD 13732.07 million by 2032.
Procurement Software offers a practical solution for organizations to carry out their purchase process automatically while managing the inventory of goods efficiently.
The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment markets by type, application and region, and, as a result, provides a holistic view of, as well as a deep insight into the Procurement Software market covering all its essential aspects.
For the competitive landscape, the report also introduces players in the industry from the perspective of the market share, concentration ratio, etc., and describes the leading companies in detail, with which the readers can get a better idea of their competitors and acquire an in-depth understanding of the competitive situation. Further, mergers & acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts will all be considered.
In a nutshell, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the market in any manner.
Procurement Software Market- Competitive and Segmentation Analysis:
Here is the List of Top Key players in Procurement Software Market 2024:
Product Type Insights: –
Global markets are presented by Procurement Software type, along with growth forecasts through 2028. Estimates on revenue are based on the price in the supply chain at which the Procurement Software are procured by the companies.
This report has provided the market size (revenue data) by application, during the historical period (2017-2024) and forecast period (2024-2028).
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FIVE FORCES & PESTLE ANALYSIS:
In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.
–Political (Political policy and stability as well as trade, fiscal and taxation policies)
–Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
–Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
–Technological (Changes in digital or mobile technology, automation, research and development)
–Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
–Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)
The Primary Objectives in This Report Are:
- To determine the Procurement Software market size of the total market opportunity of global and key countries
- To assess the growth potential for Procurement Software
- To Procurement Software market forecast future growth in each product and end-use market
- To assess Procurement Software market competitive factors affecting the marketplace
Regional Analysis:
The market area, which is further segmented into sub-regions and nations/regions, is covered in the Market research. This chapter of the research includes details on profit prospects in addition to market share data for each region and sub region.
- North America(United States, Canada, and Mexico)
- Europe(UK, Germany, France, Russia, and Italy)
- Asia-Pacific(China, Korea, Japan, India, and Southeast Asia)
- South America(Brazil, Colombia, Argentina, etc.)
- Middle East and Africa(Saudi Arabia, UAE, Nigeria, Egypt, and South Africa)
Key Queries Answered
- What area unit the strengths and weaknesses of the key vendors?
- What impact will COVID-19 have created on international Procurement Software Market Growth & Sizing?
- United Nations agency area unit the Leading key players and what area unit their Key Business plans within the international Procurement Software Market?
- What area unit the key issues of the 5 forces analysis of the worldwide Procurement Software Market?
- What area unit totally different prospects and threats Janus-faced by the dealers within the international Procurement Software Market?
Customization of the Report
Our research analysts will help you to get customized details for your report, which can be modified in terms of a specific region, application or any statistical details. In addition, we are always willing to comply with the study, which triangulated with your own data to make the market research more comprehensive in your perspective.
COVID 19 Analysis
The COVID-19 outbreak brought the world to a complete standstill, with unforeseen and uncertain effects on people’s lives, communities, livelihoods, and economies. The risks of a worldwide recession, as well as job losses, surged. In this situation, it became imperative to predict the level of uncertainty, for which companies are adopting strategies to maximize returns, despite the market fluctuations.
Reasons to Purchase Procurement Software Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors.
- Market dynamics scenario, along with growth opportunities of the market in the years to come.
- Provision of market value (USD Billion) data for each segment and sub-segment.
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions.
- Provides insight into the market through Value Chain.
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market.
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region.
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis.
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Browse Detailed TOC, Tables and Figures with Charts which is spread across 101 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
Table of Content
1 Procurement Software Market Overview
1.1 Product Overview and Scope of Procurement Software Market
1.2 Procurement Software Market Segment by Type
1.2.1 Global Procurement Software Market Sales Volume and CAGR Comparison by Type (2018-2028)
1.3 Global Procurement Software Market Segment by Application
1.3.1 Procurement Software Market Consumption (Sales Volume) Comparison by Application (2018-2028)
1.4 Global Procurement Software Market, Region Wise (2018-2028)
1.4.1 Global Procurement Software Market Size (Revenue) and CAGR Comparison by Region (2018-2028)
1.4.2 United States Procurement Software Market Status and Prospect (2018-2028)
1.4.3 Europe Procurement Software Market Status and Prospect (2018-2028)
1.4.4 China Procurement Software Market Status and Prospect (2018-2028)
1.4.5 Japan Procurement Software Market Status and Prospect (2018-2028)
1.4.6 India Procurement Software Market Status and Prospect (2018-2028)
1.4.7 Southeast Asia Procurement Software Market Status and Prospect (2018-2028)
1.4.8 Latin America Procurement Software Market Status and Prospect (2018-2028)
1.4.9 Middle East and Africa Procurement Software Market Status and Prospect (2018-2028)
1.5 Global Market Size of Procurement Software (2018-2028)
1.5.1 Global Procurement Software Market Revenue Status and Outlook (2018-2028)
1.5.2 Global Procurement Software Market Sales Volume Status and Outlook (2018-2028)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Procurement Software Market
2 Industry Outlook
2.1 Procurement Software Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Procurement Software Market Drivers Analysis
2.4 Procurement Software Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Procurement Software Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Procurement Software Industry Development
3 Global Procurement Software Market Landscape by Player
3.1 Global Procurement Software Sales Volume and Share by Player (2018-2024)
3.2 Global Procurement Software Revenue and Market Share by Player (2018-2024)
3.3 Global Procurement Software Average Price by Player (2018-2024)
3.4 Global Procurement Software Gross Margin by Player (2018-2024)
3.5 Procurement Software Market Competitive Situation and Trends
3.5.1 Procurement Software Market Concentration Rate
3.5.2 Procurement Software Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion
4 Global Procurement Software Sales Volume and Revenue Region Wise (2018-2024)
4.1 Global Procurement Software Sales Volume and Market Share, Region Wise (2018-2024)
4.2 Global Procurement Software Revenue and Market Share, Region Wise (2018-2024)
4.3 Global Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.4 United States Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.4.1 United States Procurement Software Market Under COVID-19
4.5 Europe Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.5.1 Europe Procurement Software Market Under COVID-19
4.6 China Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.6.1 China Procurement Software Market Under COVID-19
4.7 Japan Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.7.1 Japan Procurement Software Market Under COVID-19
4.8 India Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.8.1 India Procurement Software Market Under COVID-19
4.9 Southeast Asia Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.9.1 Southeast Asia Procurement Software Market Under COVID-19
4.10 Latin America Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.10.1 Latin America Procurement Software Market Under COVID-19
4.11 Middle East and Africa Procurement Software Sales Volume, Revenue, Price and Gross Margin (2018-2024)
4.11.1 Middle East and Africa Procurement Software Market Under COVID-19
5 Global Procurement Software Sales Volume, Revenue, Price Trend by Type
5.1 Global Procurement Software Sales Volume and Market Share by Type (2018-2024)
5.2 Global Procurement Software Revenue and Market Share by Type (2018-2024)
5.3 Global Procurement Software Price by Type (2018-2024)
5.4 Global Procurement Software Sales Volume, Revenue and Growth Rate by Type (2018-2024)
5.4.1 Global Procurement Software Sales Volume, Revenue and Growth Rate of On-premise (2018-2024)
5.4.2 Global Procurement Software Sales Volume, Revenue and Growth Rate of Cloud (2018-2024)
6 Global Procurement Software Market Analysis by Application
6.1 Global Procurement Software Consumption and Market Share by Application (2018-2024)
6.2 Global Procurement Software Consumption Revenue and Market Share by Application (2018-2024)
6.3 Global Procurement Software Consumption and Growth Rate by Application (2018-2024)
6.3.1 Global Procurement Software Consumption and Growth Rate of Manufacturing (2018-2024)
6.3.2 Global Procurement Software Consumption and Growth Rate of Transportation and Logistics (2018-2024)
6.3.3 Global Procurement Software Consumption and Growth Rate of Healthcare (2018-2024)
7 Global Procurement Software Market Forecast (2024-2028)
7.1 Global Procurement Software Sales Volume, Revenue Forecast (2024-2028)
7.1.1 Global Procurement Software Sales Volume and Growth Rate Forecast (2024-2028)
7.1.2 Global Procurement Software Revenue and Growth Rate Forecast (2024-2028)
7.1.3 Global Procurement Software Price and Trend Forecast (2024-2028)
7.2 Global Procurement Software Sales Volume and Revenue Forecast, Region Wise (2024-2028)
7.2.1 United States Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.2 Europe Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.3 China Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.4 Japan Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.5 India Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.6 Southeast Asia Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.7 Latin America Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.2.8 Middle East and Africa Procurement Software Sales Volume and Revenue Forecast (2024-2028)
7.3 Global Procurement Software Sales Volume, Revenue and Price Forecast by Type (2024-2028)
7.3.1 Global Procurement Software Revenue and Growth Rate of On-premise (2024-2028)
7.3.2 Global Procurement Software Revenue and Growth Rate of Cloud (2024-2028)
7.4 Global Procurement Software Consumption Forecast by Application (2024-2028)
7.4.1 Global Procurement Software Consumption Value and Growth Rate of Manufacturing(2024-2028)
7.4.2 Global Procurement Software Consumption Value and Growth Rate of Transportation and Logistics(2024-2028)
7.4.3 Global Procurement Software Consumption Value and Growth Rate of Healthcare(2024-2028)
7.5 Procurement Software Market Forecast Under COVID-19
8 Procurement Software Market Upstream and Downstream Analysis
8.1 Procurement Software Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Procurement Software Analysis
8.6 Major Downstream Buyers of Procurement Software Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Procurement Software Industry
9 Players Profiles
9.1 GEP Corporation
9.1.1 GEP Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Procurement Software Product Profiles, Application and Specification
9.1.3 GEP Corporation Market Performance (2018-2024)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Jaggaer Inc
9.2.1 Jaggaer Inc Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Procurement Software Product Profiles, Application and Specification
9.2.3 Jaggaer Inc Market Performance (2018-2024)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Coupa Software Inc.
9.3.1 Coupa Software Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Procurement Software Product Profiles, Application and Specification
9.3.3 Coupa Software Inc. Market Performance (2018-2024)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 GT Nexus (Infor Inc.)
9.4.1 GT Nexus (Infor Inc.) Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Procurement Software Product Profiles, Application and Specification
9.4.3 GT Nexus (Infor Inc.) Market Performance (2018-2024)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 Ivalua Inc.
9.5.1 Ivalua Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Procurement Software Product Profiles, Application and Specification
9.5.3 Ivalua Inc. Market Performance (2018-2024)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Basware AS
9.6.1 Basware AS Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Procurement Software Product Profiles, Application and Specification
9.6.3 Basware AS Market Performance (2018-2024)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Mercateo AG
9.7.1 Mercateo AG Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Procurement Software Product Profiles, Application and Specification
9.7.3 Mercateo AG Market Performance (2018-2024)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Zycus Inc.
9.8.1 Zycus Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Procurement Software Product Profiles, Application and Specification
9.8.3 Zycus Inc. Market Performance (2018-2024)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 Epicor Software Corporation
9.9.1 Epicor Software Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Procurement Software Product Profiles, Application and Specification
9.9.3 Epicor Software Corporation Market Performance (2018-2024)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 Oracle Corporation
9.10.1 Oracle Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Procurement Software Product Profiles, Application and Specification
9.10.3 Oracle Corporation Market Performance (2018-2024)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 Ginesys (Ginni Systems Limited)
9.11.1 Ginesys (Ginni Systems Limited) Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Procurement Software Product Profiles, Application and Specification
9.11.3 Ginesys (Ginni Systems Limited) Market Performance (2018-2024)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 Proactis Holdings Plc
9.12.1 Proactis Holdings Plc Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Procurement Software Product Profiles, Application and Specification
9.12.3 Proactis Holdings Plc Market Performance (2018-2024)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 Microsoft Corporation
9.13.1 Microsoft Corporation Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Procurement Software Product Profiles, Application and Specification
9.13.3 Microsoft Corporation Market Performance (2018-2024)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 SAP SE
9.14.1 SAP SE Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Procurement Software Product Profiles, Application and Specification
9.14.3 SAP SE Market Performance (2018-2024)
9.14.4 Recent Development
9.14.5 SWOT Analysis
10 Research Findings and Conclusion
11 Appendix
11.1 Methodology
11.2 Research Data Source
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