Procurement Software Market, Global Outlook and Forecast 2023-2032
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory.
This report aims to provide a comprehensive presentation of the global market for Procurement Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Procurement Software. This report contains market size and forecasts of Procurement Software in global, including the following market information:
Global Procurement Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Procurement Software market was valued at US$ 5573.6 million in 2022 and is projected to reach US$ 9168.2 million by 2029, at a CAGR of 7.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rising need for the automation of procurement processes will drive the growth prospects for the global procurement software market in the forthcoming years.
We surveyed the Procurement Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Procurement Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Procurement Software Market Segment Percentages, by Type, 2022 (%)
Cloud
On-premises
Global Procurement Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Procurement Software Market Segment Percentages, by Application, 2022 (%)
The School
The Factory
The Hospital
The Supermarket
Other
Global Procurement Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Procurement Software Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Procurement Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Procurement Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Basware
IBM
Oracle
PROACTIS
SAP
SciQuest
BravoSolution
BuyerQuest
Coupa Software
Elcom
Epicor
Infor
IQNavigator
Ivalua
JDA Software
Outline of Major Chapters:
Chapter 1: Introduces the definition of Procurement Software, market overview.
Chapter 2: Global Procurement Software market size in revenue.
Chapter 3: Detailed analysis of Procurement Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Procurement Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
